ShawnKoh1 personal page - To The Moon

ShawnKoh1

ShawnKoh1

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2023-12-14

Good. Want to win big big

2023-04-14

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@Jim LEO:As China reopens, SIA is trying to resume its services. It now flies to 14 destinations in China, some way to go before reaching 25 points covered before the pandemic. In its earnings commentary, SIA expects demand for air travel to be robust in its 4Q ended March, with support from higher traffic within East Asia.

2023-03-26

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@dabhopkins:is AMD a buy after rising 50% this year?

2023-03-19

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@KYHBKO:Market outlook for the week starting 20Mar2023

2023-03-15

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Fed Rate Pause Is a Tough Call After Inflation Reaccelerates

2023-03-04

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@InvestWithStanley: What is circle of competence in investing? #valueinvestasia #investwithstanley

2023-02-24

Hi. First post. To get points

2023-02-21

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NBA, Ant Group Launch Strategic Partnership in China

2023-02-21

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ASX Falls 0.2pc; BHP Trims Loss to 0.3pc

2023-02-21

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The 3 Best Dividend Stocks for Beginner Investors

2023-02-21

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76% of Warren Buffett's Berkshire Hathaway Portfolio Value Is in These 5 Stocks

2023-02-21

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The Fed Is Likely Leading The S&P 500 Into A Crushing Zone

2023-02-11

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U.S. Weekly Review: Stock Market Pulls Back As Treasury Yields Jump; Google Dives On AI Flop

2023-02-10

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Up 68% This Year, Is Tesla Stock a Buy?

2023-02-10

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Sorry, the original content has been removed

2023-02-10

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Wall St Dips As Treasury Yields Rise After Auction

2023-02-10

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Disney, Tesla, Applovin, Affirm, Sonos, and More: These Stocks Are Moving the Most Thursday

2023-02-10

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Tesla Rally Tops 100% From Low, Supercharged by New Optimism

2023-02-09

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China’s Li Auto Launches Electrified SUV to Rival Tesla Model Y

2023-02-09

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Warner Bros. Discovery to Keep Discovery+, in Strategy Shift

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Want to win big big","listText":"Good. Want to win big big","text":"Good. Want to win big big","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251662091423792","isVote":1,"tweetType":1,"viewCount":510,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945841497,"gmtCreate":1681434739919,"gmtModify":1681434743264,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945841497","repostId":"9945843940","repostType":1,"repost":{"id":9945843940,"gmtCreate":1681434376781,"gmtModify":1681434381134,"author":{"id":"4103490940855160","authorId":"4103490940855160","name":"Jim LEO","avatar":"https://static.itradeup.com/news/0319adfc256ed9b9969f115e5adc7840","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4103490940855160","authorIdStr":"4103490940855160"},"themes":[],"htmlText":"As China reopens, SIA is trying to resume its services. It now flies to 14 destinations in China, some way to go before reaching 25 points covered before the pandemic. In its earnings commentary, SIA expects demand for air travel to be robust in its 4Q ended March, with support from higher traffic within East Asia.","listText":"As China reopens, SIA is trying to resume its services. It now flies to 14 destinations in China, some way to go before reaching 25 points covered before the pandemic. In its earnings commentary, SIA expects demand for air travel to be robust in its 4Q ended March, with support from higher traffic within East Asia.","text":"As China reopens, SIA is trying to resume its services. It now flies to 14 destinations in China, some way to go before reaching 25 points covered before the pandemic. In its earnings commentary, SIA expects demand for air travel to be robust in its 4Q ended March, with support from higher traffic within East Asia.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945843940","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941030412,"gmtCreate":1679807565537,"gmtModify":1679807569474,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941030412","repostId":"9941097535","repostType":1,"repost":{"id":9941097535,"gmtCreate":1679807134128,"gmtModify":1679807143594,"author":{"id":"3578371132743717","authorId":"3578371132743717","name":"dabhopkins","avatar":"https://static.tigerbbs.com/5722798255b9d9ee52efff420e5873f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578371132743717","authorIdStr":"3578371132743717"},"themes":[],"title":"is AMD a buy after rising 50% this year? ","htmlText":"Advanced Micro Devices (AMD) has been a standout performer in the semiconductor industry, with a year-to-date stock price increase of 50%. The company has been able to capitalize on the increased demand for its products, especially in the data center and gaming markets. Additionally, AMD has been able to gain market share in the x86 processor market, which has long been dominated by its main competitor, Intel. AMD's strong financial performance has been a key driver of its success. In Q4 2022, the company's revenue increased by 49% YoY to $4.82 billion, beating analyst expectations. Additionally, its net income increased by 71% YoY to $1.22 billion. AMD's gross margin also improved to 50%, up from 45% in the same quarter last year. The company has been investing heavily in research and dev","listText":"Advanced Micro Devices (AMD) has been a standout performer in the semiconductor industry, with a year-to-date stock price increase of 50%. The company has been able to capitalize on the increased demand for its products, especially in the data center and gaming markets. Additionally, AMD has been able to gain market share in the x86 processor market, which has long been dominated by its main competitor, Intel. AMD's strong financial performance has been a key driver of its success. In Q4 2022, the company's revenue increased by 49% YoY to $4.82 billion, beating analyst expectations. Additionally, its net income increased by 71% YoY to $1.22 billion. AMD's gross margin also improved to 50%, up from 45% in the same quarter last year. The company has been investing heavily in research and dev","text":"Advanced Micro Devices (AMD) has been a standout performer in the semiconductor industry, with a year-to-date stock price increase of 50%. The company has been able to capitalize on the increased demand for its products, especially in the data center and gaming markets. Additionally, AMD has been able to gain market share in the x86 processor market, which has long been dominated by its main competitor, Intel. AMD's strong financial performance has been a key driver of its success. In Q4 2022, the company's revenue increased by 49% YoY to $4.82 billion, beating analyst expectations. Additionally, its net income increased by 71% YoY to $1.22 billion. AMD's gross margin also improved to 50%, up from 45% in the same quarter last year. The company has been investing heavily in research and dev","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941097535","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943321596,"gmtCreate":1679157141516,"gmtModify":1679157145337,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943321596","repostId":"9943361978","repostType":1,"repost":{"id":9943361978,"gmtCreate":1679146244894,"gmtModify":1679156233738,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574381076586256","authorIdStr":"3574381076586256"},"themes":[],"title":"Market outlook for the week starting 20Mar2023","htmlText":"Market Outlook - 20 Mar 2023 S&amp;P500 1D chart Technical observations of the S&amp;P500 1D chart: The stochastic indicator points to an uptrend though there could be a reversal to a downtrend. The MACD indicator points to a downtrend but we may expect a cross-over (reversal) soon. Moving Averages (MA). The MA50 line implies an uptrend in the mid-term. The MA200 line implies a downtrend in the long term. With the last candle under the MA50 line and cutting the MA200 line, this can be interpreted as a downtrend in both the mid-term and bullish for the long-term.&nbsp; Exponential Moving Averages (EMA). The lines are pointing downwards, implying a downtrend. Now, let us add some more technical indicators for the 1D S&amp;P500 chart: Most of the signals point to a bearish outlook, recommendi","listText":"Market Outlook - 20 Mar 2023 S&amp;P500 1D chart Technical observations of the S&amp;P500 1D chart: The stochastic indicator points to an uptrend though there could be a reversal to a downtrend. The MACD indicator points to a downtrend but we may expect a cross-over (reversal) soon. Moving Averages (MA). The MA50 line implies an uptrend in the mid-term. The MA200 line implies a downtrend in the long term. With the last candle under the MA50 line and cutting the MA200 line, this can be interpreted as a downtrend in both the mid-term and bullish for the long-term.&nbsp; Exponential Moving Averages (EMA). The lines are pointing downwards, implying a downtrend. Now, let us add some more technical indicators for the 1D S&amp;P500 chart: Most of the signals point to a bearish outlook, recommendi","text":"Market Outlook - 20 Mar 2023 S&P500 1D chart Technical observations of the S&P500 1D chart: The stochastic indicator points to an uptrend though there could be a reversal to a downtrend. The MACD indicator points to a downtrend but we may expect a cross-over (reversal) soon. Moving Averages (MA). The MA50 line implies an uptrend in the mid-term. The MA200 line implies a downtrend in the long term. With the last candle under the MA50 line and cutting the MA200 line, this can be interpreted as a downtrend in both the mid-term and bullish for the long-term. Exponential Moving Averages (EMA). The lines are pointing downwards, implying a downtrend. Now, let us add some more technical indicators for the 1D S&P500 chart: Most of the signals point to a bearish outlook, recommendi","images":[{"img":"https://community-static.tradeup.com/news/bab55cbb89c8fb68741ab4c9ba3954e8","width":"1456","height":"761"}],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943361978","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":564,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949458172,"gmtCreate":1678846253297,"gmtModify":1678846256702,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949458172","repostId":"2319886626","repostType":4,"repost":{"id":"2319886626","kind":"highlight","pubTimestamp":1678842120,"share":"https://ttm.financial/m/news/2319886626?lang=&edition=fundamental","pubTime":"2023-03-15 09:02","market":"us","language":"en","title":"Fed Rate Pause Is a Tough Call After Inflation Reaccelerates","url":"https://stock-news.laohu8.com/highlight/detail?id=2319886626","media":"Bloomberg","summary":"CPI suggests that the Fed doesn’t have luxury to delay hikeIt’s still a close call amid financial tu","content":"<html><head></head><body><ul><li>CPI suggests that the Fed doesn’t have luxury to delay hike</li><li>It’s still a close call amid financial turmoil after SVB</li></ul><p>(Bloomberg) -- An acceleration in monthly core consumer prices seems likely to reinforce the Federal Reserve’ determination to raise interest rates to fight inflation, though the decision on next week’s move will be a tough call amid ongoing concern about financial turmoil.</p><p>February’s consumer price index, excluding food and energy, increased 0.5% last month and 5.5% from a year earlier, according to Bureau of Labor Statistics data out Tuesday. Economists see the gauge as a better guide to underlying inflation than the headline measure. CPI overall climbed 0.4% in February and 6% from a year earlier.</p><p>The challenge for the Fed now is how to prioritize inflation that is still far too high with growing financial stability risks in the unraveling of Silicon Valley Bank. Authorities stepped in over the weekend to provide a new backstop for banks to protect uninsured depositors.</p><p>“This CPI print underscores how they don’t have the luxury to sit around and wait,” said Derek Tang, an economist at LH Meyer/Monetary Policy Analytics in Washington. “The weekend intervention was also meant to contain the financial crisis to create room for continued monetary tightening. That way, they don’t want to pick between financial and price stability.”</p><p><img src=\"https://static.tigerbbs.com/bcf916ab1cd13e02027939d12885e664\" tg-width=\"729\" tg-height=\"429\" width=\"100%\" height=\"auto\"/></p><p>While tentative signs of stability appeared to be returning to banking stocks that have been hammered in the aftermath of the collapse of SVB, Chair Jerome Powell and his colleagues may worry that it’s too soon to tighten policy again while the fallout from the failure is still difficult to judge.</p><p>Also weighing is the argument that the Fed’s aggressive 450 basis points of tightening over the last year is already straining the financial sector and SVB’s predicament shows the lagged effect of past rate hikes is starting to bite.</p><p>“It is a tough call for the Fed regarding whether they decide to continue tightening with a quarter point hike or stand pat,” said Kathy Bostjancic, chief economist at Nationwide Life Insurance Co. “If signals from the financial markets suggest their emergency actions on Sunday contained the financial stresses, the Fed officials might be persuaded to raise rates 25 basis points.”</p><p>Still, “inflation is not the sole focus of the Fed, as it now needs to take into consideration financial stability and lending conditions,” she said.</p><p>What Bloomberg Economics Says...</p><blockquote>“February’s CPI report shows that inflation is not vanishing quickly, and there remains a compelling need for the Fed to continue raising rates. A 25 basis point move would be appropriate at the March FOMC meeting, followed by a couple more until the Fed reaches a terminal rate of 5.25%. “ — Anna Wong and Stuart Paul, economists</blockquote><p>Investors, who were betting on the possibility of a 50 basis-point hike at the Fed’s March 21-22 meeting prior to the banking crisis, are now pricing in the likelihood of a 25 basis-point hike with a pause an option. Two-year Treasury yields, which largely reflect expected Fed policy over that period, rose more than 30 basis points to as high as 4.37% Tuesday.</p><p>The details of the price report were “not encouraging” for the Fed with core services inflation, excluding housing – a focus of Powell – accelerating, wrote Neil Dutta, head of US economic research at Renaissance Macro Research LLC, in a note to clients.</p><p>“Today’s CPI data are a reminder that the inflation fight is not over,” he wrote. He expects a 25 basis-point hike next week, noting it would be a half point if not for SVB.</p><p>If the Fed is successful in prevent a broader crisis and keeping it narrowly focused, then policy makers will return to hiking, said Ethan Harris, head of global economics research at Bank of America Corp.</p><p>“We are in the middle of a stress event and so it’s very hard to predict where things are going,” he said on Bloomberg TV following the CPI report. “Our view is ultimately the ringfencing works and the Fed goes back to hiking interest rates. Ultimately, the Fed is going to end up having to fight inflation.”</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>Fed Rate Pause Is a Tough Call After Inflation Reaccelerates</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\">\nFed Rate Pause Is a Tough Call After Inflation Reaccelerates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 09:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-14/fed-rate-pause-is-a-tough-call-after-inflation-reaccelerates?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CPI suggests that the Fed doesn’t have luxury to delay hikeIt’s still a close call amid financial turmoil after SVB(Bloomberg) -- An acceleration in monthly core consumer prices seems likely to ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-14/fed-rate-pause-is-a-tough-call-after-inflation-reaccelerates?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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-14/fed-rate-pause-is-a-tough-call-after-inflation-reaccelerates?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319886626","content_text":"CPI suggests that the Fed doesn’t have luxury to delay hikeIt’s still a close call amid financial turmoil after SVB(Bloomberg) -- An acceleration in monthly core consumer prices seems likely to reinforce the Federal Reserve’ determination to raise interest rates to fight inflation, though the decision on next week’s move will be a tough call amid ongoing concern about financial turmoil.February’s consumer price index, excluding food and energy, increased 0.5% last month and 5.5% from a year earlier, according to Bureau of Labor Statistics data out Tuesday. Economists see the gauge as a better guide to underlying inflation than the headline measure. CPI overall climbed 0.4% in February and 6% from a year earlier.The challenge for the Fed now is how to prioritize inflation that is still far too high with growing financial stability risks in the unraveling of Silicon Valley Bank. Authorities stepped in over the weekend to provide a new backstop for banks to protect uninsured depositors.“This CPI print underscores how they don’t have the luxury to sit around and wait,” said Derek Tang, an economist at LH Meyer/Monetary Policy Analytics in Washington. “The weekend intervention was also meant to contain the financial crisis to create room for continued monetary tightening. That way, they don’t want to pick between financial and price stability.”While tentative signs of stability appeared to be returning to banking stocks that have been hammered in the aftermath of the collapse of SVB, Chair Jerome Powell and his colleagues may worry that it’s too soon to tighten policy again while the fallout from the failure is still difficult to judge.Also weighing is the argument that the Fed’s aggressive 450 basis points of tightening over the last year is already straining the financial sector and SVB’s predicament shows the lagged effect of past rate hikes is starting to bite.“It is a tough call for the Fed regarding whether they decide to continue tightening with a quarter point hike or stand pat,” said Kathy Bostjancic, chief economist at Nationwide Life Insurance Co. “If signals from the financial markets suggest their emergency actions on Sunday contained the financial stresses, the Fed officials might be persuaded to raise rates 25 basis points.”Still, “inflation is not the sole focus of the Fed, as it now needs to take into consideration financial stability and lending conditions,” she said.What Bloomberg Economics Says...“February’s CPI report shows that inflation is not vanishing quickly, and there remains a compelling need for the Fed to continue raising rates. A 25 basis point move would be appropriate at the March FOMC meeting, followed by a couple more until the Fed reaches a terminal rate of 5.25%. “ — Anna Wong and Stuart Paul, economistsInvestors, who were betting on the possibility of a 50 basis-point hike at the Fed’s March 21-22 meeting prior to the banking crisis, are now pricing in the likelihood of a 25 basis-point hike with a pause an option. Two-year Treasury yields, which largely reflect expected Fed policy over that period, rose more than 30 basis points to as high as 4.37% Tuesday.The details of the price report were “not encouraging” for the Fed with core services inflation, excluding housing – a focus of Powell – accelerating, wrote Neil Dutta, head of US economic research at Renaissance Macro Research LLC, in a note to clients.“Today’s CPI data are a reminder that the inflation fight is not over,” he wrote. He expects a 25 basis-point hike next week, noting it would be a half point if not for SVB.If the Fed is successful in prevent a broader crisis and keeping it narrowly focused, then policy makers will return to hiking, said Ethan Harris, head of global economics research at Bank of America Corp.“We are in the middle of a stress event and so it’s very hard to predict where things are going,” he said on Bloomberg TV following the CPI report. “Our view is ultimately the ringfencing works and the Fed goes back to hiking interest rates. Ultimately, the Fed is going to end up having to fight inflation.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":815,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940211878,"gmtCreate":1677940904094,"gmtModify":1677940906852,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940211878","repostId":"9940230802","repostType":1,"repost":{"id":9940230802,"gmtCreate":1677924728007,"gmtModify":1677939900494,"author":{"id":"9000000000000402","authorId":"9000000000000402","name":"InvestWithStanley","avatar":"https://community-static.tradeup.com/news/6660de85004b599780fdaa3023a1e256","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000402","authorIdStr":"9000000000000402"},"themes":[],"htmlText":"\n \n \n  What is circle of competence in investing? #valueinvestasia #investwithstanley\n \n","listText":"What is circle of competence in investing? #valueinvestasia #investwithstanley","text":"What is circle of competence in investing? #valueinvestasia #investwithstanley","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940230802","isVote":1,"tweetType":2,"object":{"id":"b6d8260b9e104ec4a23db93124a1a947","tweetId":"9940230802","title":"What is circle of competence in investing? #valueinvestasia #investwithstanley","videoUrl":"http://v.tigerbbs.com/167792472255983a81ec144e79950c6bb4a19dc12106d.mp4","poster":"https://static.tigerbbs.com/058a49f4d4491e50660c31ba30c1bd88","shareLink":"http://v.tigerbbs.com/167792472255983a81ec144e79950c6bb4a19dc12106d.mp4"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957631952,"gmtCreate":1677204061277,"gmtModify":1677204064480,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Hi. First post. To get points","listText":"Hi. First post. To get points","text":"Hi. First post. To get points","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957631952","isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957973278,"gmtCreate":1676957428394,"gmtModify":1676957431987,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957973278","repostId":"2313014727","repostType":4,"repost":{"id":"2313014727","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1676956048,"share":"https://ttm.financial/m/news/2313014727?lang=&edition=fundamental","pubTime":"2023-02-21 13:07","market":"us","language":"en","title":"NBA, Ant Group Launch Strategic Partnership in China","url":"https://stock-news.laohu8.com/highlight/detail?id=2313014727","media":"Reuters","summary":"Chinese fintech giant Ant Group said on Tuesday it had entered a strategic partnership with the NBA ","content":"<html><head></head><body><p>Chinese fintech giant Ant Group said on Tuesday it had entered a strategic partnership with the NBA league in China that would see the two cooperate in areas such as video content, programme broadcasting and membership.</p><p>Fans in China would have access to NBA video content on Alipay, the hugely popular payments app owned by Ant Group, the company said in a statement.</p><p>The collaboration with the professional basketball league&#39;s Chinese business arm will also cover areas such as joint marketing campaigns and digital collectables, Ant Group said.</p><p>NBA China last week launched a channel in Alipay that shows user-generated content from NBA China&#39;s network of influencers and Alipay&#39;s authorised content creators, Ant Group added.</p><p>The NBA is one of the United States&#39; most popular cultural exports to China and makes hundreds of millions of dollars a year from its presence in the Chinese market.</p><p>Basketball fans in China are watching NBA games at levels close to where they were before the 2019 rift, Reuters reported in December, citing a source familiar with the league&#39;s viewership data.</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>NBA, Ant Group Launch Strategic Partnership in China</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\">\nNBA, Ant Group Launch Strategic Partnership in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-02-21 13:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chinese fintech giant Ant Group said on Tuesday it had entered a strategic partnership with the NBA league in China that would see the two cooperate in areas such as video content, programme broadcasting and membership.</p><p>Fans in China would have access to NBA video content on Alipay, the hugely popular payments app owned by Ant Group, the company said in a statement.</p><p>The collaboration with the professional basketball league&#39;s Chinese business arm will also cover areas such as joint marketing campaigns and digital collectables, Ant Group said.</p><p>NBA China last week launched a channel in Alipay that shows user-generated content from NBA China&#39;s network of influencers and Alipay&#39;s authorised content creators, Ant Group added.</p><p>The NBA is one of the United States&#39; most popular cultural exports to China and makes hundreds of millions of dollars a year from its presence in the Chinese market.</p><p>Basketball fans in China are watching NBA games at levels close to where they were before the 2019 rift, Reuters reported in December, citing a source familiar with the league&#39;s viewership data.</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-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2313014727","content_text":"Chinese fintech giant Ant Group said on Tuesday it had entered a strategic partnership with the NBA league in China that would see the two cooperate in areas such as video content, programme broadcasting and membership.Fans in China would have access to NBA video content on Alipay, the hugely popular payments app owned by Ant Group, the company said in a statement.The collaboration with the professional basketball league's Chinese business arm will also cover areas such as joint marketing campaigns and digital collectables, Ant Group said.NBA China last week launched a channel in Alipay that shows user-generated content from NBA China's network of influencers and Alipay's authorised content creators, Ant Group added.The NBA is one of the United States' most popular cultural exports to China and makes hundreds of millions of dollars a year from its presence in the Chinese market.Basketball fans in China are watching NBA games at levels close to where they were before the 2019 rift, Reuters reported in December, citing a source familiar with the league's viewership data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957973862,"gmtCreate":1676957420457,"gmtModify":1676957424491,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957973862","repostId":"1145294753","repostType":4,"repost":{"id":"1145294753","kind":"news","pubTimestamp":1676956608,"share":"https://ttm.financial/m/news/1145294753?lang=&edition=fundamental","pubTime":"2023-02-21 13:16","language":"en","title":"ASX Falls 0.2pc; BHP Trims Loss to 0.3pc","url":"https://stock-news.laohu8.com/highlight/detail?id=1145294753","media":"The Australian Financial Review","summary":"The S&P/ASX 200 fell 0.2 per cent, or 15.2 points, to 7336.3 on Tuesday, weighed down by losses acro","content":"<html><head></head><body><p>The S&amp;P/ASX 200 fell 0.2 per cent, or 15.2 points, to 7336.3 on Tuesday, weighed down by losses across the consumer staples, tech and communication services sectors.</p><p>BHP tumbled 0.3 per cent to $48.30 after the miner reported a weaker-than-expected $US6.59 billion ($9.53 billion) profit.</p><p>Coles fell 0.9 per cent to $18.13 after announcing that CEO Steve Cain will retire and Leah Weckert will take the top job on May 1.</p><p>Judo climbed 4.5 per cent to $1.50 after saying it is on track to deliver at least $9 billion in new lending by the end of the financial year.</p><p>Johns Lyng jumped 13.2 per cent to $6.34 after upgrading its FY23 revenue and earnings guidance.</p><p></p></body></html>","source":"afr_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>ASX Falls 0.2pc; BHP Trims Loss to 0.3pc</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\">\nASX Falls 0.2pc; BHP Trims Loss to 0.3pc\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-21 13:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-to-slide-results-pending-from-bhp-coles-20230221-p5cm37><strong>The Australian Financial Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P/ASX 200 fell 0.2 per cent, or 15.2 points, to 7336.3 on Tuesday, weighed down by losses across the consumer staples, tech and communication services sectors.BHP tumbled 0.3 per cent to $48.30 ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-slide-results-pending-from-bhp-coles-20230221-p5cm37\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","XJO.AU":"标普/澳交所 200指数","XAO.AU":"标普/澳交所 普通股指数"},"source_url":"https://www.afr.com/markets/equity-markets/asx-to-slide-results-pending-from-bhp-coles-20230221-p5cm37","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145294753","content_text":"The S&P/ASX 200 fell 0.2 per cent, or 15.2 points, to 7336.3 on Tuesday, weighed down by losses across the consumer staples, tech and communication services sectors.BHP tumbled 0.3 per cent to $48.30 after the miner reported a weaker-than-expected $US6.59 billion ($9.53 billion) profit.Coles fell 0.9 per cent to $18.13 after announcing that CEO Steve Cain will retire and Leah Weckert will take the top job on May 1.Judo climbed 4.5 per cent to $1.50 after saying it is on track to deliver at least $9 billion in new lending by the end of the financial year.Johns Lyng jumped 13.2 per cent to $6.34 after upgrading its FY23 revenue and earnings guidance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957973199,"gmtCreate":1676957412712,"gmtModify":1676957414749,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957973199","repostId":"1119462459","repostType":4,"repost":{"id":"1119462459","kind":"news","pubTimestamp":1676941324,"share":"https://ttm.financial/m/news/1119462459?lang=&edition=fundamental","pubTime":"2023-02-21 09:02","market":"us","language":"en","title":"The 3 Best Dividend Stocks for Beginner Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1119462459","media":"InvestorPlace","summary":"These dividend stocks are a great addition to beginner investors’ portfolios.Coca-Cola(KO): A solid ","content":"<html><head></head><body><ul><li>These dividend stocks are a great addition to beginner investors’ portfolios.</li><li><b>Coca-Cola</b>(<b>KO</b>): A solid dividend stock to own, Coca-Cola performs well no matter the economic situation.</li><li><b>Johnson &amp; Johnson</b>(<b><u>JNJ</u></b>): Trading much lower than its all-time highs, JNJ is a reliable and safe stock.</li><li><b>3M</b>(<b>MMM</b>): A dividend aristocrat with a dividend yield over 5%.</li></ul><p>The stock market bloodbath of 2022 has left investors wondering whether they should choose safety over aggressive growth. While many investors are still sitting out and waiting for the market to recover, smart investors know that this is the time to bag solid, long-term stocks at a discount. The stock market has been off to a good start this year but the Federal Reserve still has a lot of work to do. With the concerns about rising interest rates, and looming recession, it is ideal to consider dividend stocks for your portfolio. In fact, I’ve included three of the best dividend stocks for beginners below.</p><p><b>Coca-Cola (KO)</b></p><p>Leading off this list of top dividend stocks for beginners is <b>Coca-Cola</b>(NYSE: <b>KO</b>). A favorite of <b>Warren Buffett,</b> the company has an impressive history and solid financials. It carries a dividend yield of 2.9% and it is dependable due to consistent earnings growth. KO stock is the one to own and hold forever. Better, Citi initiated coverage of the stock with a Buy rating and a price target of $68. Coca-Cola remains one of the best dividend stocks to own right now.</p><p>With the addressable market for non-alcoholic drinks increasing with time, it is expected that the company’s business is only going to expand in the coming years. This is one company that has the potential to navigate through global economic challenges and despite inflation or the pandemic, it managed to post strong revenue growth. The biggest advantage of investing in Coca-Cola is its diverse range of products.</p><p>It posted revenue growth of 11% year-over-year and expects an organic revenue growth of 14% to 15% this year. In the quarter, the company saw a 7% net revenue growth and 11% for the full year. Even the organic revenue was 16% for the full year. Its EPS stood at $.47 and the company announced its 61st consecutive annual dividend increase and announced the quarterly of 46 cents per share which takes the annual dividend to $1.84 per share.</p><p><b>Johnson &amp; Johnson (JNJ)</b></p><p>Next up on the list of top dividend stocks for beginners is <b>Johnson &amp; Johnson</b>(NYSE: <b><u>JNJ</u></b>). A very popular name with a global presence, Johnson &amp; Johnson sells medical devices, consumer packaged goods, and pharmaceuticals. The biggest advantage of investing in the company is its diversified product line which continues to perform, no matter the market condition. That said, the company offers products that will always remain in demand, no matter what is happening to the economy. JNJ stock is trading at $160 today and is down 9% year to date. However, it has had a good start to the year and hit $180 in Jan but has been declining since then after the company lost a court battle.</p><p>It reported fourth-quarter results last month and its profits and revenue were better than expectations. The company expects to report earnings per share ranging between $10.40 and $10.60 for this year. JNJ stock is a defensive play when the market is in turmoil and it is expected that the company will continue to grow business in the coming months. Its earnings lay out a bullish path for 2023, making JNJ stock an ideal addition to your portfolio. The stock has a dividend yield of 2.7% and a record of raising the dividend payout for the past 60 years. It recently announced a dividend of $1.13 for the quarter.</p><p><b>3M (MMM)</b></p><p>Another dividend stock to buy for a reliable income stream is <b>3M</b>(NYSE: <b><u>MMM</u></b>). The company is a dividend aristocrat and could be a big winner in 2023. It is America’s largest manufacturing company and it makes several products including safety gear, cleaning supplies, and adhesives. 3M has struggled lately and lost significant value over the past year due to macroeconomic concerns and product liability lawsuits, however, the growing penetration of EVs could boost the company’s revenue in the long term.</p><p>3M stock is trading at $112 today and is down from the 52-week high of $154. It is also down 20% over the past six months and this drop in value could be a great opportunity to grab the stock. I believe that the worst is over for the company and we could see the shares pick up very soon. No matter what, the dividends look safe and despite the number of legal issues, it did manage to raise the dividend this year which is proof that the management believes in rewarding investors.</p><p>The company recently missed estimates in the fourth quarter earnings and there is a bearish forecast for this year. However, industries across the country will need cleaning supplies, safety equipment, and adhesives which means the demand for its products will pick up very soon. With a dividend yield of 5.3%, the stock is a huge part of the dividend investors’ portfolio. The company has raised dividends for 64 years in a row and it recently declared a dividend of $1.50.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 3 Best Dividend Stocks for Beginner Investors</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 3 Best Dividend Stocks for Beginner Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-21 09:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/02/ko-jnj-mmm-the-3-best-dividend-stocks-for-beginner-investors/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These dividend stocks are a great addition to beginner investors’ portfolios.Coca-Cola(KO): A solid dividend stock to own, Coca-Cola performs well no matter the economic situation.Johnson & Johnson(...</p>\n\n<a href=\"https://investorplace.com/2023/02/ko-jnj-mmm-the-3-best-dividend-stocks-for-beginner-investors/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KO":"可口可乐","MMM":"3M","JNJ":"强生"},"source_url":"https://investorplace.com/2023/02/ko-jnj-mmm-the-3-best-dividend-stocks-for-beginner-investors/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119462459","content_text":"These dividend stocks are a great addition to beginner investors’ portfolios.Coca-Cola(KO): A solid dividend stock to own, Coca-Cola performs well no matter the economic situation.Johnson & Johnson(JNJ): Trading much lower than its all-time highs, JNJ is a reliable and safe stock.3M(MMM): A dividend aristocrat with a dividend yield over 5%.The stock market bloodbath of 2022 has left investors wondering whether they should choose safety over aggressive growth. While many investors are still sitting out and waiting for the market to recover, smart investors know that this is the time to bag solid, long-term stocks at a discount. The stock market has been off to a good start this year but the Federal Reserve still has a lot of work to do. With the concerns about rising interest rates, and looming recession, it is ideal to consider dividend stocks for your portfolio. In fact, I’ve included three of the best dividend stocks for beginners below.Coca-Cola (KO)Leading off this list of top dividend stocks for beginners is Coca-Cola(NYSE: KO). A favorite of Warren Buffett, the company has an impressive history and solid financials. It carries a dividend yield of 2.9% and it is dependable due to consistent earnings growth. KO stock is the one to own and hold forever. Better, Citi initiated coverage of the stock with a Buy rating and a price target of $68. Coca-Cola remains one of the best dividend stocks to own right now.With the addressable market for non-alcoholic drinks increasing with time, it is expected that the company’s business is only going to expand in the coming years. This is one company that has the potential to navigate through global economic challenges and despite inflation or the pandemic, it managed to post strong revenue growth. The biggest advantage of investing in Coca-Cola is its diverse range of products.It posted revenue growth of 11% year-over-year and expects an organic revenue growth of 14% to 15% this year. In the quarter, the company saw a 7% net revenue growth and 11% for the full year. Even the organic revenue was 16% for the full year. Its EPS stood at $.47 and the company announced its 61st consecutive annual dividend increase and announced the quarterly of 46 cents per share which takes the annual dividend to $1.84 per share.Johnson & Johnson (JNJ)Next up on the list of top dividend stocks for beginners is Johnson & Johnson(NYSE: JNJ). A very popular name with a global presence, Johnson & Johnson sells medical devices, consumer packaged goods, and pharmaceuticals. The biggest advantage of investing in the company is its diversified product line which continues to perform, no matter the market condition. That said, the company offers products that will always remain in demand, no matter what is happening to the economy. JNJ stock is trading at $160 today and is down 9% year to date. However, it has had a good start to the year and hit $180 in Jan but has been declining since then after the company lost a court battle.It reported fourth-quarter results last month and its profits and revenue were better than expectations. The company expects to report earnings per share ranging between $10.40 and $10.60 for this year. JNJ stock is a defensive play when the market is in turmoil and it is expected that the company will continue to grow business in the coming months. Its earnings lay out a bullish path for 2023, making JNJ stock an ideal addition to your portfolio. The stock has a dividend yield of 2.7% and a record of raising the dividend payout for the past 60 years. It recently announced a dividend of $1.13 for the quarter.3M (MMM)Another dividend stock to buy for a reliable income stream is 3M(NYSE: MMM). The company is a dividend aristocrat and could be a big winner in 2023. It is America’s largest manufacturing company and it makes several products including safety gear, cleaning supplies, and adhesives. 3M has struggled lately and lost significant value over the past year due to macroeconomic concerns and product liability lawsuits, however, the growing penetration of EVs could boost the company’s revenue in the long term.3M stock is trading at $112 today and is down from the 52-week high of $154. It is also down 20% over the past six months and this drop in value could be a great opportunity to grab the stock. I believe that the worst is over for the company and we could see the shares pick up very soon. No matter what, the dividends look safe and despite the number of legal issues, it did manage to raise the dividend this year which is proof that the management believes in rewarding investors.The company recently missed estimates in the fourth quarter earnings and there is a bearish forecast for this year. However, industries across the country will need cleaning supplies, safety equipment, and adhesives which means the demand for its products will pick up very soon. With a dividend yield of 5.3%, the stock is a huge part of the dividend investors’ portfolio. The company has raised dividends for 64 years in a row and it recently declared a dividend of $1.50.","news_type":1},"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957973915,"gmtCreate":1676957406237,"gmtModify":1676957408368,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957973915","repostId":"2312819204","repostType":4,"repost":{"id":"2312819204","kind":"highlight","pubTimestamp":1676951893,"share":"https://ttm.financial/m/news/2312819204?lang=&edition=fundamental","pubTime":"2023-02-21 11:58","market":"us","language":"en","title":"76% of Warren Buffett's Berkshire Hathaway Portfolio Value Is in These 5 Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2312819204","media":"Motley Fool","summary":"The Oracle of Omaha loves these stocks most of all.","content":"<html><head></head><body><p><b>Berkshire Hathaway</b>&#39;s Warren Buffett has said: &#34;Diversification is protection against ignorance. It makes little sense if you know what you are doing.&#34; While having a meaningful degree of portfolio diversification is likely a smart move for most investors, it&#39;s clear Buffett is enormously confident in the Berkshire managers&#39; and analyst teams&#39; abilities to pick winners.</p><p>Given that Berkshire has absolutely crushed the market since Buffett became the company&#39;s leader in 1965, it would be nearly impossible to argue that his confidence is misplaced. Read on for a look at Berkshire Hathaway&#39;s five largest stock holdings (based on the company&#39;s recent 13F filing), which accounted for roughly 76% of its direct equity ownership positions.</p><h2>1. Apple</h2><p><b>Apple</b> stands as, by far, the largest holding in the Berkshire Hathaway stock portfolio. At current prices, the tech giant&#39;s stock accounts for roughly 38.9% of the investment conglomerate&#39;s equity holdings. Buffett&#39;s company began investing in the iPhone maker back in 2016, and the combination of capital appreciation for existing shares in the portfolio and additional stock purchases elevated it to Berkshire&#39;s top equity position.</p><p>Apple&#39;s dominance in the mobile market has made it one of the world&#39;s most profitable businesses. According to analysis from Counterpoint Research, the iPhone company generated 85% of global profits on smartphone sales in last year&#39;s fourth quarter. If you think about how many device manufacturers are out there and how competition and commodification trends, Apple&#39;s dominance in mobile is nothing short of incredible -- and it doesn&#39;t look like the tech leader will be ceding dominance in the space any time soon.</p><h2>2. Bank of America</h2><p>Early in 2011, it looked like Buffett might have been done with<b> Bank of America</b> stock for good. The publication of Berkshire&#39;s 13F filing for 2010&#39;s fourth quarter revealed that Berkshire had sold off the entirety of its position in the bank stock and taken a substantial loss exiting the position. But the investment conglomerate was back to buying BoA shares before 2011 was over.</p><p>With BoA facing pressures from the 2011 debt-ceiling crisis and lingering pressures from the recent financial crash and recession, Buffett proposed a deal to BoA that would provide the struggling financial giant with an injection of new capital. Berkshire bought $5 billion worth of preferred stock and received stock warrants allowing the holding company to purchase 700 million shares of the banking giant&#39;s common stock at $7.14 per share.</p><p><img src=\"https://static.tigerbbs.com/0d02c3355fce1cdfca071cfd3eb25416\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/></p><p>BAC data by YCharts.</p><p>Roughly six years later, BoA stock was trading above $24 per share, and Buffett moved to exercise the warrants. The purchase immediately made Berkshire Hathaway Bank of America&#39;s largest shareholder, and it remains so to this day. BoA stock accounts for approximately 11.2% of Berkshire&#39;s stock portfolio as of this writing, and Berkshire owns roughly 12.6% of the banking company&#39;s outstanding shares.</p><h2>3. Chevron</h2><p>Berkshire Hathaway initiated a position in <b>Chevron</b> stock in 2020 and poured billions of dollars in additional investment into the stock in 2022. That proved to be a great move.</p><p>Berkshire&#39;s large position in Chevron played a huge role in the investment conglomerate&#39;s market-beating performance over the last year. Spurred by high oil prices, the energy giant wound up the best-performing component of the <b>Dow Jones Industrial Average</b> index in 2022.</p><p><img src=\"https://static.tigerbbs.com/356f145c1c94c84f8af1f841739bf546\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"/></p><p>CVX data by YCharts.</p><p>While falling gas prices caused Chevron&#39;s share price to dip around 5% year to date in 2023 and lag the Dow&#39;s roughly 3% gain across the stretch, the energy company has still been crushing the index since the beginning of last year. Even with the valuation dip in 2023, Chevron stands as Berkshire&#39;s third-largest holding and accounts for roughly 9.8% of the company&#39;s equity portfolio.</p><h2>4. Coca-Cola</h2><p>Warren Buffett has never been an official spokesperson for <b>Coca-Cola</b>&#39;s soft drinks. However, he&#39;s made enough public appearances sipping on Cokes and Diet Cokes through the years that the beverage giant has certainly gotten some promotional mileage from it. The Oracle of Omaha also likes the company so much that he&#39;s said he would never sell a share of its stock, and it currently makes up 8.5% of Berkshire Hathaway&#39;s stock portfolio.</p><p>Coca-Cola also has one of the best dividend growth streaks of any publicly traded company. At 60 years of consecutive annual payout growth, the company is a decade past the 50-year marker needed to join the illustrious ranks of the Dividend Kings. Only nine public companies have longer dividend growth track records, and Buffett and other shareholders will very likely be treated to another dividend increase when the company publishes its upcoming fourth-quarter report.</p><h2>5. American Express</h2><p>Berkshire currently owns roughly 20% of <b>American Express</b>&#39;s stock, and that ownership stake will likely increase even if the investment conglomerate never buys another share. American Express has been on a substantial buyback spree in recent years, buying back and retiring nearly a third of its outstanding shares over the last decade.</p><p><img src=\"https://static.tigerbbs.com/7790dca6fcfba284111252251584e443\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\"/></p><p>AXP EPS Diluted (TTM) data by YCharts. EPS = earnings per share. TTM = trailing 12 months.</p><p>In addition to growth in its number of active members and total transaction volume conducted across its network, retiring shares has been a substantial positive catalyst for earnings-per-share growth. The company has also returned value to Buffett and other shareholders in the form of dividends and raised its payout by 160% over the last decade.</p><p>Based on its stock price as of this writing, AmEx accounts for 7.5% of Berkshire&#39;s equity holdings.</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>76% of Warren Buffett's Berkshire Hathaway Portfolio Value Is in These 5 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\">\n76% of Warren Buffett's Berkshire Hathaway Portfolio Value Is in These 5 Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-21 11:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/02/19/warren-buffett-berkshire-hathaway-portfolio-stocks/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway's Warren Buffett has said: \"Diversification is protection against ignorance. It makes little sense if you know what you are doing.\" While having a meaningful degree of portfolio ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/02/19/warren-buffett-berkshire-hathaway-portfolio-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","CVX":"雪佛龙","KO":"可口可乐","AXP":"美国运通","AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2023/02/19/warren-buffett-berkshire-hathaway-portfolio-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2312819204","content_text":"Berkshire Hathaway's Warren Buffett has said: \"Diversification is protection against ignorance. It makes little sense if you know what you are doing.\" While having a meaningful degree of portfolio diversification is likely a smart move for most investors, it's clear Buffett is enormously confident in the Berkshire managers' and analyst teams' abilities to pick winners.Given that Berkshire has absolutely crushed the market since Buffett became the company's leader in 1965, it would be nearly impossible to argue that his confidence is misplaced. Read on for a look at Berkshire Hathaway's five largest stock holdings (based on the company's recent 13F filing), which accounted for roughly 76% of its direct equity ownership positions.1. AppleApple stands as, by far, the largest holding in the Berkshire Hathaway stock portfolio. At current prices, the tech giant's stock accounts for roughly 38.9% of the investment conglomerate's equity holdings. Buffett's company began investing in the iPhone maker back in 2016, and the combination of capital appreciation for existing shares in the portfolio and additional stock purchases elevated it to Berkshire's top equity position.Apple's dominance in the mobile market has made it one of the world's most profitable businesses. According to analysis from Counterpoint Research, the iPhone company generated 85% of global profits on smartphone sales in last year's fourth quarter. If you think about how many device manufacturers are out there and how competition and commodification trends, Apple's dominance in mobile is nothing short of incredible -- and it doesn't look like the tech leader will be ceding dominance in the space any time soon.2. Bank of AmericaEarly in 2011, it looked like Buffett might have been done with Bank of America stock for good. The publication of Berkshire's 13F filing for 2010's fourth quarter revealed that Berkshire had sold off the entirety of its position in the bank stock and taken a substantial loss exiting the position. But the investment conglomerate was back to buying BoA shares before 2011 was over.With BoA facing pressures from the 2011 debt-ceiling crisis and lingering pressures from the recent financial crash and recession, Buffett proposed a deal to BoA that would provide the struggling financial giant with an injection of new capital. Berkshire bought $5 billion worth of preferred stock and received stock warrants allowing the holding company to purchase 700 million shares of the banking giant's common stock at $7.14 per share.BAC data by YCharts.Roughly six years later, BoA stock was trading above $24 per share, and Buffett moved to exercise the warrants. The purchase immediately made Berkshire Hathaway Bank of America's largest shareholder, and it remains so to this day. BoA stock accounts for approximately 11.2% of Berkshire's stock portfolio as of this writing, and Berkshire owns roughly 12.6% of the banking company's outstanding shares.3. ChevronBerkshire Hathaway initiated a position in Chevron stock in 2020 and poured billions of dollars in additional investment into the stock in 2022. That proved to be a great move.Berkshire's large position in Chevron played a huge role in the investment conglomerate's market-beating performance over the last year. Spurred by high oil prices, the energy giant wound up the best-performing component of the Dow Jones Industrial Average index in 2022.CVX data by YCharts.While falling gas prices caused Chevron's share price to dip around 5% year to date in 2023 and lag the Dow's roughly 3% gain across the stretch, the energy company has still been crushing the index since the beginning of last year. Even with the valuation dip in 2023, Chevron stands as Berkshire's third-largest holding and accounts for roughly 9.8% of the company's equity portfolio.4. Coca-ColaWarren Buffett has never been an official spokesperson for Coca-Cola's soft drinks. However, he's made enough public appearances sipping on Cokes and Diet Cokes through the years that the beverage giant has certainly gotten some promotional mileage from it. The Oracle of Omaha also likes the company so much that he's said he would never sell a share of its stock, and it currently makes up 8.5% of Berkshire Hathaway's stock portfolio.Coca-Cola also has one of the best dividend growth streaks of any publicly traded company. At 60 years of consecutive annual payout growth, the company is a decade past the 50-year marker needed to join the illustrious ranks of the Dividend Kings. Only nine public companies have longer dividend growth track records, and Buffett and other shareholders will very likely be treated to another dividend increase when the company publishes its upcoming fourth-quarter report.5. American ExpressBerkshire currently owns roughly 20% of American Express's stock, and that ownership stake will likely increase even if the investment conglomerate never buys another share. American Express has been on a substantial buyback spree in recent years, buying back and retiring nearly a third of its outstanding shares over the last decade.AXP EPS Diluted (TTM) data by YCharts. EPS = earnings per share. TTM = trailing 12 months.In addition to growth in its number of active members and total transaction volume conducted across its network, retiring shares has been a substantial positive catalyst for earnings-per-share growth. The company has also returned value to Buffett and other shareholders in the form of dividends and raised its payout by 160% over the last decade.Based on its stock price as of this writing, AmEx accounts for 7.5% of Berkshire's equity holdings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957973008,"gmtCreate":1676957399904,"gmtModify":1676957404046,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957973008","repostId":"1144079267","repostType":4,"repost":{"id":"1144079267","kind":"news","pubTimestamp":1676952051,"share":"https://ttm.financial/m/news/1144079267?lang=&edition=fundamental","pubTime":"2023-02-21 12:00","market":"us","language":"en","title":"The Fed Is Likely Leading The S&P 500 Into A Crushing Zone","url":"https://stock-news.laohu8.com/highlight/detail?id=1144079267","media":"Seeking Alpha","summary":"SummaryIt appears to us as if the Fed is fighting an asset bubble rather than trying to lower inflat","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>It appears to us as if the Fed is fighting an asset bubble rather than trying to lower inflation, looking at the shelter component of CPI.</li><li>We think the Fed, like every other time in history, will continue to raise interest rates and keep them there until something breaks, listening to their Fed talk.</li><li>As the Fed continues to raise interest rates, the 20-year-old concept of &#39;TINA&#39; appears to be called into question as treasuries become more attractive.</li><li>With a P/E ratio near 22 and crushing yields hanging over its head, we caution investors buying into this S&amp;P 500 rally so far, and suggest what better alternatives might be.</li></ul><p>The S&amp;P 500 (NYSEARCA:SPY) has had an explosive year so far, rebounding and already up more than 6% YTD. This is in stark contrast to the Federal Reserve, which continues to raise interest rates and maintains its hawkish stance.</p><p>Fed fund futures are already currently assuming a Fed Funds rate of 5.50% in November 2023. It also means that the Fed is playing with fire or lighting a fire under what used to be &#34;TINA&#34; or &#34;there is no alternative,&#34; now that the 6-month interest rate has broken through the 5% barrier.</p><p><img src=\"https://static.tigerbbs.com/f3915a64f7c54d36224064ee760b8e9f\" tg-width=\"640\" tg-height=\"320\" referrerpolicy=\"no-referrer\"/></p><p>CME Group</p><p><b>Fed Talk</b></p><p>Last week, the calendar was full of FOMC members speaking out and giving subtle hints about the future of interest rates and where they believe inflation to be going. For example, one of the disturbing trends we noticed was that FOMC members were constantly drawingcomparisons between the current inflationary environment and that of the 1970s.</p><blockquote>Inflation is a pernicious problem. One of the lessons of the last two years is that everybody feels the effects of inflation. It&#39;s pretty much across the spectrum. So rich and poor, young and old, everybody notices. So if we can&#39;t get this problem under control soon, we risk a replay of the 1970s. (St. Louis President James Bullard)</blockquote><p>He also said he would not rule out a 50bp rate hike at the March meeting, and reportedly advocated that at the previous meeting. Bullard also said he would like to bring the Fed&#39;s policy rate to 5.375% and reaffirmed his position on the duration of this inflation:</p><blockquote>My overall judgment is it will be a long battle against inflation, and we’ll probably have to continue to show inflation-fighting resolve as we go through 2023.</blockquote><p>Bullard is another member who has advocated the &#34;front-loading&#34; of monetary policy in the past. Worse, the FOMC member opposed monetary policy slowdowns, one of the main factors preventing the Fed from raising interest rates faster:</p><blockquote>I have pushed back against the long and variable lags argument… because I think in the modern era the transmission of monetary policy is much faster than it would have been in the 50s, 60s and 70s.</blockquote><p><img src=\"https://static.tigerbbs.com/b109962eb2ab4752b70c19586b893e20\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve (FRED)</p><p>Loretta Mester, another hawkish FOMC member,also sawa &#34;compelling case for another 50 basis point rate hike&#34; earlier this month. But more importantly, about what steps to expect at subsequent meetings, she said in the question-and-answer session:</p><blockquote>The Fed could accelerate the pace of rate increases again if economic conditions warrant. It’s not always going to be, you know, 25(bp).</blockquote><p>A pause certainly does not seem to be on FOMC member Mester&#39;s books just yet, for when asked when they would pause, she noted that Fed officials are still raising interest rates to levels that are restrictive enough. Finally, she also noted that inflation risks are still on the upside, and those upside risks argue for &#34;overshooting.&#34;</p><blockquote>Nothing right now is leading me to think that I need to really be focused on that question at this point.</blockquote><p>Other members, such as Member Bowman and Member Barkin, affirm their view that it will be a long battle against inflation. Richmond Fed Chairman Thomas Barkin also raises the message not to make the mistakes made in the 1970s.</p><blockquote>I think there&#39;s a very good case for leaving rates higher, for a longer period of time to allow the tightening to hit. I do think the lesson of the 70s was very clear, which is don&#39;t give up too early.</blockquote><p><img src=\"https://static.tigerbbs.com/49d0be7534585d5ec78780547ee31e31\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve (FRED)</p><p>Remarkably, Barkin also referred on Bloomberg to that period that &#34;their predecessors did the right thing,&#34; by which he probably meant Paul Volcker and called it a pursuit of him and the Fed.</p><p>To sum up all the Fed talk: FOMC members don&#39;t even think or consider a pivot, some would even prefer to overshoot and like to refer to the 1970s, basically calling for keeping interest rates higher for longer despite seeing inflation already coming down.</p><p>Our position is that while the markets continue to rally, Fed members still seem to want to take the stance of Volcker. And eventually, something has to give. In this game of chicken, it looks like the Fed will stick to its game plan to get inflation back to 2%, which seems impossible at the moment without causing a recession. Though thing seems certain: interest rates are probably going nowhere but up this year.</p><p><b>What Recession?</b></p><p>We believe the Federal Reserve will continue to raise interest rates until the economy breaks, and also like to refer to the Federal Reserve&#39;s attitude toward economic growth in the past for that matter. After GDP was negative for 2 consecutive quarters last year, theFed&#39;s attitudewas essentially: recession? What recession?</p><blockquote>I do not think the U.S. is currently in a recession. And the reason is, there are just too many areas of the economy that are performing, you know, too well, and of course I would point to the labor market in particular.</blockquote><p>A rather strange statement, as most people and the Fed itself knows thatthe labor market is seen as a lagging indicator. In the past, whenever the labor market began to deteriorate, it was already too late to take action because the recession was already underway.</p><p>Take even recent data, from 2000 and 2008, where the Fed cut interest rates, and the labor market just kept deteriorating with a slowing effect until the end of the recession.</p><p><img src=\"https://static.tigerbbs.com/420375d7371091dcc65814a84c0f363b\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve (FRED)</p><p>There are very few reasons to believe that some sort of &#34;soft landing&#34; is in the books, as the Fed has single-handedly crashed the economy in the past every time it raised interest rates. The notion &#34;the Fed raises interest rates until something breaks&#34; has proven true throughout history.</p><p>Returning to the Fed&#39;s earlier speech, it is in fact what FOMC members have also indicated, with member Mester, for example, indicating that they prefer to &#34;overshoot.&#34; Will it be different this time? The yield curve tells us a story.</p><p><img src=\"https://static.tigerbbs.com/cd0cbd4c768b625546b8a3dae1396c4c\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve (FRED)</p><p>The Fed and the National Bureau for Economic Research (NBER) do not want to label current economic conditions as a recession yet. But funnily enough, by the time a period is defined as a recession, employment is already in the gutter and the S&amp;P 500 is down by more than 30% in recent history.</p><p><b>Fighting An Asset Bubble?</b></p><p>When we talk about CPI, we are often surprised how little the various components of that inflation are mentioned. If we look at the CPI index, it is still up 6.34% year-on-year, well above the 2% target.</p><p>But if we take the shelter component out of the equation, we see that inflation has been absolutely flat in recent months. When we hear &#34;sticky inflation,&#34; we hear little about the housing market.</p><p><img src=\"https://static.tigerbbs.com/8662689574e19e672618e43e0275c953\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve (FRED)</p><p>The shelter component consists of both rent and &#39;owners&#39; equivalent rent&#39;. When we plot both elements of the shelter component, we see something remarkable.</p><p>Owner-equivalent rent and rent itself have still gone completely vertical in recent months, despite reports from the housing market showing a notable slowdown due to higher mortgage rates, which nearly reached 7% last November.</p><p><img src=\"https://static.tigerbbs.com/4d983834d249d8fb23ffdb83fcccd3f5\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve (FRED)</p><p>Both of these are known as lagging indicators, and yet market participants seem to overlook them completely. Because if we look at actual data, from sources that have real-time data, such asRedfinand theNational Association of Realtors, we see that the median sales price of a home is more than 11% lower than at its peak.</p><p><img src=\"https://static.tigerbbs.com/c71c9635b3528d1e9a937e8e052b224b\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>Every measurement of the housing market showed cracks last year, with the median sales price falling significantly from its highest point ever.</p><p><img src=\"https://static.tigerbbs.com/cf769db91ffb67d8430a1edf232c3234\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>And so it should be, as interest rates have risen at the fastest pace since the 1980s, and mortgages have become much more expensive, with 30-year mortgage rates well above 6%.</p><p>Yet the Federal Reserve&#39;s website shows that housing indicators are still resilient and stagnant around current levels. On the Fed&#39;s website, the median sales price of a home sold in the United States rose from $329K in early 2020 to $468K today. That&#39;s a 45.34% increase over three years.</p><p><img src=\"https://static.tigerbbs.com/542c27fd88a8edc2fe0e2fb40fc50f61\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve (FRED)</p><p>Rents, according toreal-time datafrom mostsources, also point to a decline, in contrast to the Federal Reserve&#39;s lagging data, which indicates that the huge inflationary pressures in that market are still being felt.</p><p>This discrepancy between the Federal Reserve and many economists looking at lagging data raises many questions for us as to whether, when they talk about sticky inflation, they are looking at all components of the CPI.</p><p><img src=\"https://static.tigerbbs.com/4c774102e8f7d636eec260577104a5f9\" tg-width=\"640\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/></p><p>Rent.com</p><p>To put that in perspective, we have seen exactly the same increase in house prices over the past three years that we saw between Q4 2004 and 2020. So we ask: is the Fed fighting inflation, or an asset bubble?</p><p>In our view, if the Fed wants to get interest rates below 2%, they are either waiting for the year-over-year equations in the housing market to fall, which is a lagging indicator, or have profound deflation in other parts of the economy. And right now we don&#39;t see those other parts showing strong deflation. On the other hand, if the housing market cracks, or the equations drop from year to year, we could end up with inflation well below target.</p><p>And if that happens, we end up as usual in a recession with a significant drop in the S&amp;P 500 and perhaps even deflation on a YoY basis. This could be the scenario as the Fed is keen to keep interest rates higher for longer.</p><p><img src=\"https://static.tigerbbs.com/6d3a7ed8ec638ac7c9659b9706673ba5\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve (FRED)</p><p>And that also raises the question of what would happen when we finally felt the effect of these interest rates. As some FOMC members pointed out, they have come to believe that &#34;long and variable lags&#34; in this modern economy may not be that long or variable.</p><p>Whereas research shows that it takes 12 months formonetary policy changes, such as interest rate changes, to take effect and 18 months for the full effect to be felt. To put that into context, we have already experienced profound deflationary forces recently, while according to the research, no interest rate hike has been felt yet.</p><p>These changes should not be felt until the end of this year and take full effect in 2024. Therefore, we still see a recession by the end of this year or at the start of 2024.</p><p><img src=\"https://static.tigerbbs.com/9fb018e391c21e8c335d2d1d028f4ce9\" tg-width=\"640\" tg-height=\"247\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve (FRED)</p><p>But what was the Fed focusing on this week? The main focus seems to be onretail sales, which came in hot and indicated that consumer spending remains strong. This raises the odds of the Fed raising interest rates.</p><p>And for us, it increases the likelihood that the Fed will continue to raise interest rates to a much too tight level, and that the Fed will make such policy mistake worse if just a couple of bad inflation prints show up. We urge investors to ask the question: when was the last time the Fed made the right decision? And let&#39;s face it: we don&#39;t know where the Fed will go with interest rates, we can&#39;t predict the future. But right now, looking at the Fed&#39;s past actions and their comments, it doesn&#39;t look good.</p><p>One thing we can take away from every meeting that is a given is that under no circumstances will the Fed consider a 2% inflation target increase. And it seems that certain market participants don&#39;t understand why that should be, and just tolerate a 3% or 4% target.</p><p><img src=\"https://static.tigerbbs.com/6c9effa5f7f712226a3f45f752bdcfb3\" tg-width=\"640\" tg-height=\"298\" referrerpolicy=\"no-referrer\"/></p><p>Federal Reserve (FRED)</p><p>Wages are not keeping up with inflation, and personal savings at its lowest point in decades. For example, more than half of Americanscannot cover $1,000 for emergencies with savings.</p><p>If inflation continues at these levels, the average American will be crushed by it. This time the Fed will rally behind the average American, who does not own the assets that have been inflated, and the Fed will keep going, probably until those assets are crushed.</p><p>The Fed has reiterated, time and again, that difficult markets are not as bad as vastly increased inflation for the average household. Also from a technical standpoint, we think the 2022 lows will be tested again this year.</p><p><img src=\"https://static.tigerbbs.com/6b80b58760ac95a0add6a96e4fbb71bc\" tg-width=\"640\" tg-height=\"402\" referrerpolicy=\"no-referrer\"/></p><p>TradingView, Author</p><p>Finally, another factor is how this higher interest rate may affect the dynamic we have had over the last 20 years or so of &#34;TINA,&#34; or lack of good alternatives to stocks.</p><p>As you can see in the chart below, we took Federal Reserve data and plotted the earnings yield of the S&amp;P 500 over the past 60 years and compared it to the yield investors get from 10-year Treasuries. We chose 10-year Treasuries because this is often used as the discount rate in discounted cash flow models, looking 10 years ahead. The 10-year yield broke 4% last year and currently stands at 3.82% in an upward trend.</p><p>This compares with an earnings yield for the S&amp;P 500, which is only 4.59%. For example, if that 10-year yield approaches the earnings yield of the S&amp;P 500, investors are essentially only getting earnings growth as a premium. In short, the 10-year yield could put severe pressure on the S&amp;P 500 multiple if it keeps going higher.</p><p><img src=\"https://static.tigerbbs.com/2fc88085e3e826dcdbb8e67eb3127fc9\" tg-width=\"640\" tg-height=\"401\" referrerpolicy=\"no-referrer\"/></p><p>Author&#39;s Visualization, Federal Reserve Data</p><p>The last time the 10-year yield was around 4%, in the early to mid-2000s, the earnings yield was closer to 6%, or a historical average valuation of about 16x the P/E ratio. And that does not include any earnings deterioration that usually occurs in a recession.</p><p>Currently, stocks justaren&#39;t cheapat 22x earnings, we think, with a Federal Reserve that wants to keep interest rates above 5% for a long time, perhaps until something breaks.</p><p><b>The Bottom Line</b></p><p>While the Fed focuses on lagging indicators such as the labor market or prefers not to take too much account of what is going on in the housing market and its effect on the CPI, we believe these questions should be raised and made a real concern.</p><p>We think that the Federal Reserve, as always in history, will raise interest rates until something breaks. The deflationary forces we are seeing, along with the Fed&#39;s attitude that it thinks it is fighting inflation as it did in the 1970s, lead us to believe that the Fed will massively overshoot and keep interest rates high until the jobs market breaks and the S&amp;P 500 is once again down more than 30% than ever before. Since it looks to us like the Fed is in pole position to crash the economy, we advise investors to be cautious about equity rallies based on the assumption that the Federal Reserve will pivot soon.</p><p><img src=\"https://static.tigerbbs.com/1ca1ca125b1e2c70f08cbd9d9830b30c\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>We are cautious about long-duration, such as pure growth stocks, and prefer short-term t-bills with yields around 5%, cash, and a concentrated portfolio of stocks that already have strong free cash flow. Or ones who have the potential to generate said cash soon to buy back shares or pay dividends.</p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed Is Likely Leading The S&P 500 Into A Crushing Zone</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 Fed Is Likely Leading The S&P 500 Into A Crushing Zone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-21 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4579934-the-fed-is-likely-leading-the-s-and-p-500-into-a-crushing-zone><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt appears to us as if the Fed is fighting an asset bubble rather than trying to lower inflation, looking at the shelter component of CPI.We think the Fed, like every other time in history, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4579934-the-fed-is-likely-leading-the-s-and-p-500-into-a-crushing-zone\">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"},"source_url":"https://seekingalpha.com/article/4579934-the-fed-is-likely-leading-the-s-and-p-500-into-a-crushing-zone","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144079267","content_text":"SummaryIt appears to us as if the Fed is fighting an asset bubble rather than trying to lower inflation, looking at the shelter component of CPI.We think the Fed, like every other time in history, will continue to raise interest rates and keep them there until something breaks, listening to their Fed talk.As the Fed continues to raise interest rates, the 20-year-old concept of 'TINA' appears to be called into question as treasuries become more attractive.With a P/E ratio near 22 and crushing yields hanging over its head, we caution investors buying into this S&P 500 rally so far, and suggest what better alternatives might be.The S&P 500 (NYSEARCA:SPY) has had an explosive year so far, rebounding and already up more than 6% YTD. This is in stark contrast to the Federal Reserve, which continues to raise interest rates and maintains its hawkish stance.Fed fund futures are already currently assuming a Fed Funds rate of 5.50% in November 2023. It also means that the Fed is playing with fire or lighting a fire under what used to be \"TINA\" or \"there is no alternative,\" now that the 6-month interest rate has broken through the 5% barrier.CME GroupFed TalkLast week, the calendar was full of FOMC members speaking out and giving subtle hints about the future of interest rates and where they believe inflation to be going. For example, one of the disturbing trends we noticed was that FOMC members were constantly drawingcomparisons between the current inflationary environment and that of the 1970s.Inflation is a pernicious problem. One of the lessons of the last two years is that everybody feels the effects of inflation. It's pretty much across the spectrum. So rich and poor, young and old, everybody notices. So if we can't get this problem under control soon, we risk a replay of the 1970s. (St. Louis President James Bullard)He also said he would not rule out a 50bp rate hike at the March meeting, and reportedly advocated that at the previous meeting. Bullard also said he would like to bring the Fed's policy rate to 5.375% and reaffirmed his position on the duration of this inflation:My overall judgment is it will be a long battle against inflation, and we’ll probably have to continue to show inflation-fighting resolve as we go through 2023.Bullard is another member who has advocated the \"front-loading\" of monetary policy in the past. Worse, the FOMC member opposed monetary policy slowdowns, one of the main factors preventing the Fed from raising interest rates faster:I have pushed back against the long and variable lags argument… because I think in the modern era the transmission of monetary policy is much faster than it would have been in the 50s, 60s and 70s.Federal Reserve (FRED)Loretta Mester, another hawkish FOMC member,also sawa \"compelling case for another 50 basis point rate hike\" earlier this month. But more importantly, about what steps to expect at subsequent meetings, she said in the question-and-answer session:The Fed could accelerate the pace of rate increases again if economic conditions warrant. It’s not always going to be, you know, 25(bp).A pause certainly does not seem to be on FOMC member Mester's books just yet, for when asked when they would pause, she noted that Fed officials are still raising interest rates to levels that are restrictive enough. Finally, she also noted that inflation risks are still on the upside, and those upside risks argue for \"overshooting.\"Nothing right now is leading me to think that I need to really be focused on that question at this point.Other members, such as Member Bowman and Member Barkin, affirm their view that it will be a long battle against inflation. Richmond Fed Chairman Thomas Barkin also raises the message not to make the mistakes made in the 1970s.I think there's a very good case for leaving rates higher, for a longer period of time to allow the tightening to hit. I do think the lesson of the 70s was very clear, which is don't give up too early.Federal Reserve (FRED)Remarkably, Barkin also referred on Bloomberg to that period that \"their predecessors did the right thing,\" by which he probably meant Paul Volcker and called it a pursuit of him and the Fed.To sum up all the Fed talk: FOMC members don't even think or consider a pivot, some would even prefer to overshoot and like to refer to the 1970s, basically calling for keeping interest rates higher for longer despite seeing inflation already coming down.Our position is that while the markets continue to rally, Fed members still seem to want to take the stance of Volcker. And eventually, something has to give. In this game of chicken, it looks like the Fed will stick to its game plan to get inflation back to 2%, which seems impossible at the moment without causing a recession. Though thing seems certain: interest rates are probably going nowhere but up this year.What Recession?We believe the Federal Reserve will continue to raise interest rates until the economy breaks, and also like to refer to the Federal Reserve's attitude toward economic growth in the past for that matter. After GDP was negative for 2 consecutive quarters last year, theFed's attitudewas essentially: recession? What recession?I do not think the U.S. is currently in a recession. And the reason is, there are just too many areas of the economy that are performing, you know, too well, and of course I would point to the labor market in particular.A rather strange statement, as most people and the Fed itself knows thatthe labor market is seen as a lagging indicator. In the past, whenever the labor market began to deteriorate, it was already too late to take action because the recession was already underway.Take even recent data, from 2000 and 2008, where the Fed cut interest rates, and the labor market just kept deteriorating with a slowing effect until the end of the recession.Federal Reserve (FRED)There are very few reasons to believe that some sort of \"soft landing\" is in the books, as the Fed has single-handedly crashed the economy in the past every time it raised interest rates. The notion \"the Fed raises interest rates until something breaks\" has proven true throughout history.Returning to the Fed's earlier speech, it is in fact what FOMC members have also indicated, with member Mester, for example, indicating that they prefer to \"overshoot.\" Will it be different this time? The yield curve tells us a story.Federal Reserve (FRED)The Fed and the National Bureau for Economic Research (NBER) do not want to label current economic conditions as a recession yet. But funnily enough, by the time a period is defined as a recession, employment is already in the gutter and the S&P 500 is down by more than 30% in recent history.Fighting An Asset Bubble?When we talk about CPI, we are often surprised how little the various components of that inflation are mentioned. If we look at the CPI index, it is still up 6.34% year-on-year, well above the 2% target.But if we take the shelter component out of the equation, we see that inflation has been absolutely flat in recent months. When we hear \"sticky inflation,\" we hear little about the housing market.Federal Reserve (FRED)The shelter component consists of both rent and 'owners' equivalent rent'. When we plot both elements of the shelter component, we see something remarkable.Owner-equivalent rent and rent itself have still gone completely vertical in recent months, despite reports from the housing market showing a notable slowdown due to higher mortgage rates, which nearly reached 7% last November.Federal Reserve (FRED)Both of these are known as lagging indicators, and yet market participants seem to overlook them completely. Because if we look at actual data, from sources that have real-time data, such asRedfinand theNational Association of Realtors, we see that the median sales price of a home is more than 11% lower than at its peak.Data by YChartsEvery measurement of the housing market showed cracks last year, with the median sales price falling significantly from its highest point ever.Data by YChartsAnd so it should be, as interest rates have risen at the fastest pace since the 1980s, and mortgages have become much more expensive, with 30-year mortgage rates well above 6%.Yet the Federal Reserve's website shows that housing indicators are still resilient and stagnant around current levels. On the Fed's website, the median sales price of a home sold in the United States rose from $329K in early 2020 to $468K today. That's a 45.34% increase over three years.Federal Reserve (FRED)Rents, according toreal-time datafrom mostsources, also point to a decline, in contrast to the Federal Reserve's lagging data, which indicates that the huge inflationary pressures in that market are still being felt.This discrepancy between the Federal Reserve and many economists looking at lagging data raises many questions for us as to whether, when they talk about sticky inflation, they are looking at all components of the CPI.Rent.comTo put that in perspective, we have seen exactly the same increase in house prices over the past three years that we saw between Q4 2004 and 2020. So we ask: is the Fed fighting inflation, or an asset bubble?In our view, if the Fed wants to get interest rates below 2%, they are either waiting for the year-over-year equations in the housing market to fall, which is a lagging indicator, or have profound deflation in other parts of the economy. And right now we don't see those other parts showing strong deflation. On the other hand, if the housing market cracks, or the equations drop from year to year, we could end up with inflation well below target.And if that happens, we end up as usual in a recession with a significant drop in the S&P 500 and perhaps even deflation on a YoY basis. This could be the scenario as the Fed is keen to keep interest rates higher for longer.Federal Reserve (FRED)And that also raises the question of what would happen when we finally felt the effect of these interest rates. As some FOMC members pointed out, they have come to believe that \"long and variable lags\" in this modern economy may not be that long or variable.Whereas research shows that it takes 12 months formonetary policy changes, such as interest rate changes, to take effect and 18 months for the full effect to be felt. To put that into context, we have already experienced profound deflationary forces recently, while according to the research, no interest rate hike has been felt yet.These changes should not be felt until the end of this year and take full effect in 2024. Therefore, we still see a recession by the end of this year or at the start of 2024.Federal Reserve (FRED)But what was the Fed focusing on this week? The main focus seems to be onretail sales, which came in hot and indicated that consumer spending remains strong. This raises the odds of the Fed raising interest rates.And for us, it increases the likelihood that the Fed will continue to raise interest rates to a much too tight level, and that the Fed will make such policy mistake worse if just a couple of bad inflation prints show up. We urge investors to ask the question: when was the last time the Fed made the right decision? And let's face it: we don't know where the Fed will go with interest rates, we can't predict the future. But right now, looking at the Fed's past actions and their comments, it doesn't look good.One thing we can take away from every meeting that is a given is that under no circumstances will the Fed consider a 2% inflation target increase. And it seems that certain market participants don't understand why that should be, and just tolerate a 3% or 4% target.Federal Reserve (FRED)Wages are not keeping up with inflation, and personal savings at its lowest point in decades. For example, more than half of Americanscannot cover $1,000 for emergencies with savings.If inflation continues at these levels, the average American will be crushed by it. This time the Fed will rally behind the average American, who does not own the assets that have been inflated, and the Fed will keep going, probably until those assets are crushed.The Fed has reiterated, time and again, that difficult markets are not as bad as vastly increased inflation for the average household. Also from a technical standpoint, we think the 2022 lows will be tested again this year.TradingView, AuthorFinally, another factor is how this higher interest rate may affect the dynamic we have had over the last 20 years or so of \"TINA,\" or lack of good alternatives to stocks.As you can see in the chart below, we took Federal Reserve data and plotted the earnings yield of the S&P 500 over the past 60 years and compared it to the yield investors get from 10-year Treasuries. We chose 10-year Treasuries because this is often used as the discount rate in discounted cash flow models, looking 10 years ahead. The 10-year yield broke 4% last year and currently stands at 3.82% in an upward trend.This compares with an earnings yield for the S&P 500, which is only 4.59%. For example, if that 10-year yield approaches the earnings yield of the S&P 500, investors are essentially only getting earnings growth as a premium. In short, the 10-year yield could put severe pressure on the S&P 500 multiple if it keeps going higher.Author's Visualization, Federal Reserve DataThe last time the 10-year yield was around 4%, in the early to mid-2000s, the earnings yield was closer to 6%, or a historical average valuation of about 16x the P/E ratio. And that does not include any earnings deterioration that usually occurs in a recession.Currently, stocks justaren't cheapat 22x earnings, we think, with a Federal Reserve that wants to keep interest rates above 5% for a long time, perhaps until something breaks.The Bottom LineWhile the Fed focuses on lagging indicators such as the labor market or prefers not to take too much account of what is going on in the housing market and its effect on the CPI, we believe these questions should be raised and made a real concern.We think that the Federal Reserve, as always in history, will raise interest rates until something breaks. The deflationary forces we are seeing, along with the Fed's attitude that it thinks it is fighting inflation as it did in the 1970s, lead us to believe that the Fed will massively overshoot and keep interest rates high until the jobs market breaks and the S&P 500 is once again down more than 30% than ever before. Since it looks to us like the Fed is in pole position to crash the economy, we advise investors to be cautious about equity rallies based on the assumption that the Federal Reserve will pivot soon.Data by YChartsWe are cautious about long-duration, such as pure growth stocks, and prefer short-term t-bills with yields around 5%, cash, and a concentrated portfolio of stocks that already have strong free cash flow. Or ones who have the potential to generate said cash soon to buy back shares or pay dividends.","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954186081,"gmtCreate":1676091800844,"gmtModify":1676091804224,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954186081","repostId":"1166661028","repostType":4,"repost":{"id":"1166661028","kind":"news","pubTimestamp":1676073476,"share":"https://ttm.financial/m/news/1166661028?lang=&edition=fundamental","pubTime":"2023-02-11 07:57","market":"us","language":"en","title":"U.S. Weekly Review: Stock Market Pulls Back As Treasury Yields Jump; Google Dives On AI Flop","url":"https://stock-news.laohu8.com/highlight/detail?id=1166661028","media":"Investor's Business Daily","summary":"The stock market rally extended a pullback from a Feb. 2 high, with the major indexes testing some k","content":"<html><head></head><body><p>The stock market rally extended a pullback from a Feb. 2 high, with the major indexes testing some key levels late in the week. Treasury yields soared as Fed officials signaled they may have raise rates further than markets expected. <a href=\"https://laohu8.com/S/LBIX\">Leading</a> stocks generally showed strength. <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> (MSFT) rose as it integrated ChatGPT tech into its Bing search engine, while Google parent <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> (GOOGL) plunged as its AI chatbot underwhelmed. Cloudflare (NET), <a href=\"https://laohu8.com/S/FTNT\">Fortinet</a> (FTNT), BP (BP) and On Semiconductor (ON) were earnings winners.</p><h3>Market Rally Retreats</h3><p>The major indexes retreated while the Russell 2000 declined significantly, starting to test some key levels after a strong market advance. This could be a normal, healthy pullback or the start of something more. The 10-year Treasury yield jumped and the dollar strengthened. Crude oil prices rebounded.</p><h3>Google Dives As AI War Heats Up</h3><p>Microsoft (MSFT) and Google-parent <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> (GOOGL) hosted media events highlighting artificial intelligence initiatives and investments. Analysts said Microsoft came out ahead in terms of describing its product strategy and showcasing ChatGPT technology from OpenAI. Microsoft announced that it is integrating the technology behind ChatGPT into its Bing search engine and web browser. Microsoft is the biggest investor in OpenAI. Google announced Bard, its conversational AI chatbot. Google&#39;s press event disappointed with little new news and an advertisement for Bard featured an inaccurate chatbot response. There&#39;s also a concern that Google, given its huge search engine market share, will have to spend massively to run Bard. Meanwhile, <a href=\"https://laohu8.com/S/CAAS\">China</a>&#39;s <a href=\"https://laohu8.com/S/BIDU\">Baidu</a> (BIDU) said it will launch an AI chatbot, called Ernie, to the public in March. Google stock plunged. MSFT and Baidu rose, but pared weekly gains. Various AI plays reversed lower after huge gains in recent weeks.</p><h3><a href=\"https://laohu8.com/S/PI\">Impinj</a>, Monolithic Guide Higher</h3><p>Onsemi (ON) and <a href=\"https://laohu8.com/S/SWKS\">Skyworks Solutions</a> (SWKS) joined the parade of chipmakers guiding lower for the March quarter after delivering in line or better sales and earnings for the December quarter. Meanwhile, <a href=\"https://laohu8.com/S/RMBS\">Rambus</a> (RMBS) matched views for the fourth quarter and withdrew its outlook. <a href=\"https://laohu8.com/S/DIOD\">Diodes</a> (DIOD) beat estimates and gave in-line guidance. But fabless chipmakers Impinj (PI) and <a href=\"https://laohu8.com/S/MPWR\">Monolithic Power</a> Systems (MPWR) each guided higher for first-quarter sales after delivering better-than-expected fourth-quarter results. All of these stocks rose solidly except for PI stock.</p><h3>BP Jumps On <a href=\"https://laohu8.com/S/FOSL\">Fossil</a> Fuel Vision</h3><p>The U.K. energy giant reported a 29% EPS gain, just missing, while revenue rose 33% to $69.3 billion. But BP (BP) spiked higher, breaking out to a three-year high, after downshifting an aggressive move toward renewables. The U.K.-based energy giant anticipates oil and gas production to be around 2.3 million barrels of oil equivalent per day in 2025. By 2030, BP expects to be producing 2 million. That would be 25% below BP&#39;s 2019 production, but much higher than its prior goal of a 40% cut. BP CEO Bernard Looney has also said the goal is to increase alternative energy investments to around 50% of total capital spending by 2030. Shell (SHEL), which also has signaled more fossil fuels recently, flirted with a breakout.</p><h3>Disney Earnings Top, Proxy Fight Over</h3><p>Disney (DIS) reported a 7% EPS decline while revenue grew 8% to $23.5 billion, both beating. Disney+ subscribers fell vs. the prior quarter, but North America customers actually edged up. The entertainment giant announced plans to cut 7,000 jobs, or 3%, as part of a large-scale reorganization. It aims to cut $5.5 billion in costs, including $3 billion from content. Following the earnings and restructuring plan, activist investor Nelson Peltz called off his proxy battle vs. Disney.</p><h3>Cybersecurity Software</h3><p>Fortinet (FTNT) reported Q4 earnings jumped 76%, beating views. Revenue climbed 33% to $1.28 billion, just below consensus. But billings topped forecasts and so did the 2023 revenue outlook. <a href=\"https://laohu8.com/S/CYBR\">CyberArk</a> Software (CYBR) reported a 43% EPS decline, beating, while a 12% revenue gain fell short. Tenable (TENB) and <a href=\"https://laohu8.com/S/QLYS\">Qualys</a> (QLYS) topped consensus.</p><h3>Human Capital Software Makers Top</h3><p>Ceridian (CDAY) reported EPS up 156% from a year earlier while revenue rose 19% to $336.1 million. <a href=\"https://laohu8.com/S/PAYC\">Paycom</a> Software (PAYC) reported EPS swelled 56% with revenue climbing 30% to $370. 6 million. CDAY jumped, clearing a buy zone. But PAYC stock tumbled.</p><h3>Cloudflare Growth Speedy</h3><p>Cloudflare (NET) reported 6 cents a share, up 500% from a 1 cent a year earlier. Revenue rose 42%, also slightly topping. The software maker also guided slightly higher on 2023 results. Cloudflare speeds up and provides security for web applications routed through its intelligent global network. It has ties with ChatGPT creator OpenAI. NET rose solidly.</p><h3>Database Software Stocks Jump</h3><p><a href=\"https://laohu8.com/S/NEWR\">New Relic</a> (NEWR) spiked as quarterly results soundly beat estimates on the top and bottom lines. The data analytics software maker says it&#39;s attracting new customers at a rapid pace. Alteryx (AYX) easily beats views, swinging to a profit while revenue swelled 73%. It also gave bullish guidance.</p><h3>Travel Firms Bullish On Demand</h3><p>Travel companies report Q4 results and 2023 guidance that varied, but agreed that travel should remain strong. <a href=\"https://laohu8.com/S/HLT\">Hilton</a> Worldwide (HLT) and Hertz (HTZ) both topped expectations. Hilton&#39;s adjusted earnings more than doubled with revenue up 33%, though top-line growth has been slowing. <a href=\"https://laohu8.com/S/RGLD\">Royal</a> Caribbean (RCL) posted a better-than-expected loss, but was just shy on revenue predictions. <a href=\"https://laohu8.com/S/WYNN\">Wynn</a> Resorts (WYNN) and MGM Resorts (MGM) both reported big Q4 losses, but the Macau-focused gaming giants impressed with strong revenue growth. <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> (EXPE) missed estimates but gave a solid guidance of double-digit top-line and bottom-line growth for 2023. But EXPE tumbled Friday, weighing on other travel plays.</p><h3>Chipotle Misses, But <a href=\"https://laohu8.com/S/YUM\">Yum</a> Stock Looks Tasty</h3><p><a href=\"https://laohu8.com/S/CMG\">Chipotle Mexican Grill</a> (CMG) reported EPS up 49%, revenue up 11.2% and same-store sales 5.6%, but all missed fourth-quarter estimates as consumers tightened spending. Last year, Chipotle hiked menu prices amid food and wage cost inflation. CMG stock fell back below a buy zone. Yum Brands (YUM) scored an overall beat, led by Taco Bell. EPS grew 28% while Yum also raised its dividend. Shares jumped, flirting a breakout. Yum China (YUMC) popped amid strong earnings, though sales missed.</p><h3>CVS To Buy <a href=\"https://laohu8.com/S/OSH\">Oak Street Health</a></h3><p><a href=\"https://laohu8.com/S/CVS\">CVS Health</a> (CVS) will pay $10.6 billion, including debt, for the primary care center operator for older adults. Oak Street Health (OSH), which already gapped up in early January on reports of a deal, spiked higher again. CVS also reported Q4 EPS rose by a penny to $1.99, ahead of estimates. But the midpoint of its 2023 guidance was below Wall Street consensus. CVS stock jumped, but from 52-week lows.</p><h3><a href=\"https://laohu8.com/S/UBER\">Uber</a> Jumps On Surprise Profit; Lyft Crashes</h3><p>Uber (UBER) reported a gain vs. an expected loss, while the ride-hailing and food delivery app giant sees bookings stepping up in Q1. Shares jumped. But Lyft (LYFT) dived on an unexpectedly big loss and weak revenue guidance.</p><h3><a href=\"https://laohu8.com/S/NWS\">News</a> In Brief</h3><p><a href=\"https://laohu8.com/S/VRTX\">Vertex Pharmaceuticals</a> (VRTX) sank on lacking near-term catalysts, though adjusted earnings beat views with a 25% gain. Sales grew 11% to $2.3 billion, in line with expectations.</p><p><a href=\"https://laohu8.com/S/INSP\">Inspire Medical Systems</a> (INSP) jumped as it turned profitable and sales rocketed 76% to $137.9 million.</p><p>Dexcom (DXCM) earnings rebounded, easily beating Q4 views, while sales grew 17% for the diabetes products giant. .</p><p><a href=\"https://laohu8.com/S/ABBV\">AbbVie</a> (ABBV) popped on a better-than-feared outlook for 2023 profit. Q4 profit beat with a 17% drop. Sales missed, but rose 2% to $15.12 billion in sales.</p><p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (PYPL)modestly beat Q4 views, with EPS up 12% and revenue 7%. The digital payments leader guided slightly higher for Q1 and 2023 earnings. CEO Dan Schulman will leave at the end of 2023</p><p>Affirm Holdings (AFRM) reported a loss of $1.10 per share while revenue rose 11% to $399.6 million. Gross merchandise volume missed views. The buy now, pay now leader also guided lower.</p><p><a href=\"https://laohu8.com/S/TEX\">Terex</a> (TEX) earnings climbed 63% with revenue up 23%. The heavy equipment guided higher for 2023. It also raised its quarterly dividend by 15% to 15 cents a share.</p><p><a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a> (ENPH) reported a 107% EPS gain, easily beating, and upped its guidance amid &#34;strong global demand&#34; for its solar products. But concerns about near-term U.S. demand send stocks reversing sharply lower.</p><p>Pinterest (PINS) plunged as EPS topped views but revenue growth slowed again, below estimates. The social media firm also gave a weak revenue outlook.</p></body></html>","source":"lsy1610612141385","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. Weekly Review: Stock Market Pulls Back As Treasury Yields Jump; Google Dives On AI Flop</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. Weekly Review: Stock Market Pulls Back As Treasury Yields Jump; Google Dives On AI Flop\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-11 07:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/stock-market-pulls-back-treasury-yields-jump-google-dives-on-ai-flop/><strong>Investor's Business Daily</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market rally extended a pullback from a Feb. 2 high, with the major indexes testing some key levels late in the week. Treasury yields soared as Fed officials signaled they may have raise ...</p>\n\n<a href=\"https://www.investors.com/news/stock-market-pulls-back-treasury-yields-jump-google-dives-on-ai-flop/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4023":"应用软件",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","AI":"C3.ai, Inc.","BK4551":"寇图资本持仓","BK4543":"AI",".DJI":"道琼斯","BK4528":"SaaS概念"},"source_url":"https://www.investors.com/news/stock-market-pulls-back-treasury-yields-jump-google-dives-on-ai-flop/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166661028","content_text":"The stock market rally extended a pullback from a Feb. 2 high, with the major indexes testing some key levels late in the week. Treasury yields soared as Fed officials signaled they may have raise rates further than markets expected. Leading stocks generally showed strength. Microsoft (MSFT) rose as it integrated ChatGPT tech into its Bing search engine, while Google parent Alphabet (GOOGL) plunged as its AI chatbot underwhelmed. Cloudflare (NET), Fortinet (FTNT), BP (BP) and On Semiconductor (ON) were earnings winners.Market Rally RetreatsThe major indexes retreated while the Russell 2000 declined significantly, starting to test some key levels after a strong market advance. This could be a normal, healthy pullback or the start of something more. The 10-year Treasury yield jumped and the dollar strengthened. Crude oil prices rebounded.Google Dives As AI War Heats UpMicrosoft (MSFT) and Google-parent Alphabet (GOOGL) hosted media events highlighting artificial intelligence initiatives and investments. Analysts said Microsoft came out ahead in terms of describing its product strategy and showcasing ChatGPT technology from OpenAI. Microsoft announced that it is integrating the technology behind ChatGPT into its Bing search engine and web browser. Microsoft is the biggest investor in OpenAI. Google announced Bard, its conversational AI chatbot. Google's press event disappointed with little new news and an advertisement for Bard featured an inaccurate chatbot response. There's also a concern that Google, given its huge search engine market share, will have to spend massively to run Bard. Meanwhile, China's Baidu (BIDU) said it will launch an AI chatbot, called Ernie, to the public in March. Google stock plunged. MSFT and Baidu rose, but pared weekly gains. Various AI plays reversed lower after huge gains in recent weeks.Impinj, Monolithic Guide HigherOnsemi (ON) and Skyworks Solutions (SWKS) joined the parade of chipmakers guiding lower for the March quarter after delivering in line or better sales and earnings for the December quarter. Meanwhile, Rambus (RMBS) matched views for the fourth quarter and withdrew its outlook. Diodes (DIOD) beat estimates and gave in-line guidance. But fabless chipmakers Impinj (PI) and Monolithic Power Systems (MPWR) each guided higher for first-quarter sales after delivering better-than-expected fourth-quarter results. All of these stocks rose solidly except for PI stock.BP Jumps On Fossil Fuel VisionThe U.K. energy giant reported a 29% EPS gain, just missing, while revenue rose 33% to $69.3 billion. But BP (BP) spiked higher, breaking out to a three-year high, after downshifting an aggressive move toward renewables. The U.K.-based energy giant anticipates oil and gas production to be around 2.3 million barrels of oil equivalent per day in 2025. By 2030, BP expects to be producing 2 million. That would be 25% below BP's 2019 production, but much higher than its prior goal of a 40% cut. BP CEO Bernard Looney has also said the goal is to increase alternative energy investments to around 50% of total capital spending by 2030. Shell (SHEL), which also has signaled more fossil fuels recently, flirted with a breakout.Disney Earnings Top, Proxy Fight OverDisney (DIS) reported a 7% EPS decline while revenue grew 8% to $23.5 billion, both beating. Disney+ subscribers fell vs. the prior quarter, but North America customers actually edged up. The entertainment giant announced plans to cut 7,000 jobs, or 3%, as part of a large-scale reorganization. It aims to cut $5.5 billion in costs, including $3 billion from content. Following the earnings and restructuring plan, activist investor Nelson Peltz called off his proxy battle vs. Disney.Cybersecurity SoftwareFortinet (FTNT) reported Q4 earnings jumped 76%, beating views. Revenue climbed 33% to $1.28 billion, just below consensus. But billings topped forecasts and so did the 2023 revenue outlook. CyberArk Software (CYBR) reported a 43% EPS decline, beating, while a 12% revenue gain fell short. Tenable (TENB) and Qualys (QLYS) topped consensus.Human Capital Software Makers TopCeridian (CDAY) reported EPS up 156% from a year earlier while revenue rose 19% to $336.1 million. Paycom Software (PAYC) reported EPS swelled 56% with revenue climbing 30% to $370. 6 million. CDAY jumped, clearing a buy zone. But PAYC stock tumbled.Cloudflare Growth SpeedyCloudflare (NET) reported 6 cents a share, up 500% from a 1 cent a year earlier. Revenue rose 42%, also slightly topping. The software maker also guided slightly higher on 2023 results. Cloudflare speeds up and provides security for web applications routed through its intelligent global network. It has ties with ChatGPT creator OpenAI. NET rose solidly.Database Software Stocks JumpNew Relic (NEWR) spiked as quarterly results soundly beat estimates on the top and bottom lines. The data analytics software maker says it's attracting new customers at a rapid pace. Alteryx (AYX) easily beats views, swinging to a profit while revenue swelled 73%. It also gave bullish guidance.Travel Firms Bullish On DemandTravel companies report Q4 results and 2023 guidance that varied, but agreed that travel should remain strong. Hilton Worldwide (HLT) and Hertz (HTZ) both topped expectations. Hilton's adjusted earnings more than doubled with revenue up 33%, though top-line growth has been slowing. Royal Caribbean (RCL) posted a better-than-expected loss, but was just shy on revenue predictions. Wynn Resorts (WYNN) and MGM Resorts (MGM) both reported big Q4 losses, but the Macau-focused gaming giants impressed with strong revenue growth. Expedia (EXPE) missed estimates but gave a solid guidance of double-digit top-line and bottom-line growth for 2023. But EXPE tumbled Friday, weighing on other travel plays.Chipotle Misses, But Yum Stock Looks TastyChipotle Mexican Grill (CMG) reported EPS up 49%, revenue up 11.2% and same-store sales 5.6%, but all missed fourth-quarter estimates as consumers tightened spending. Last year, Chipotle hiked menu prices amid food and wage cost inflation. CMG stock fell back below a buy zone. Yum Brands (YUM) scored an overall beat, led by Taco Bell. EPS grew 28% while Yum also raised its dividend. Shares jumped, flirting a breakout. Yum China (YUMC) popped amid strong earnings, though sales missed.CVS To Buy Oak Street HealthCVS Health (CVS) will pay $10.6 billion, including debt, for the primary care center operator for older adults. Oak Street Health (OSH), which already gapped up in early January on reports of a deal, spiked higher again. CVS also reported Q4 EPS rose by a penny to $1.99, ahead of estimates. But the midpoint of its 2023 guidance was below Wall Street consensus. CVS stock jumped, but from 52-week lows.Uber Jumps On Surprise Profit; Lyft CrashesUber (UBER) reported a gain vs. an expected loss, while the ride-hailing and food delivery app giant sees bookings stepping up in Q1. Shares jumped. But Lyft (LYFT) dived on an unexpectedly big loss and weak revenue guidance.News In BriefVertex Pharmaceuticals (VRTX) sank on lacking near-term catalysts, though adjusted earnings beat views with a 25% gain. Sales grew 11% to $2.3 billion, in line with expectations.Inspire Medical Systems (INSP) jumped as it turned profitable and sales rocketed 76% to $137.9 million.Dexcom (DXCM) earnings rebounded, easily beating Q4 views, while sales grew 17% for the diabetes products giant. .AbbVie (ABBV) popped on a better-than-feared outlook for 2023 profit. Q4 profit beat with a 17% drop. Sales missed, but rose 2% to $15.12 billion in sales.PayPal (PYPL)modestly beat Q4 views, with EPS up 12% and revenue 7%. The digital payments leader guided slightly higher for Q1 and 2023 earnings. CEO Dan Schulman will leave at the end of 2023Affirm Holdings (AFRM) reported a loss of $1.10 per share while revenue rose 11% to $399.6 million. Gross merchandise volume missed views. The buy now, pay now leader also guided lower.Terex (TEX) earnings climbed 63% with revenue up 23%. The heavy equipment guided higher for 2023. It also raised its quarterly dividend by 15% to 15 cents a share.Enphase Energy (ENPH) reported a 107% EPS gain, easily beating, and upped its guidance amid \"strong global demand\" for its solar products. But concerns about near-term U.S. demand send stocks reversing sharply lower.Pinterest (PINS) plunged as EPS topped views but revenue growth slowed again, below estimates. The social media firm also gave a weak revenue outlook.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954313218,"gmtCreate":1675994432535,"gmtModify":1675994436012,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954313218","repostId":"2310634903","repostType":4,"repost":{"id":"2310634903","kind":"highlight","pubTimestamp":1675993975,"share":"https://ttm.financial/m/news/2310634903?lang=&edition=fundamental","pubTime":"2023-02-10 09:52","market":"us","language":"en","title":"Up 68% This Year, Is Tesla Stock a Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2310634903","media":"Motley Fool","summary":"Shares are still 53% off their all-time high. Is it time to buy?","content":"<html><head></head><body><h2>KEY POINTS</h2><ul><li>Tesla&#39;s swelling production numbers led to great earnings results in 2022.</li><li>The company continues to bring new factories and models online, helping to grow revenue and profits.</li><li>Tesla&#39;s gross margins are the best in the business, which helps them squeeze the competition.</li></ul><p><b>Tesla</b> shares are on fire this year. After a horrendous 2022, where shares fell more than 65%, the stock has exploded higher this year and is up 68% year to date.</p><p>Is there still time for investors to scoop up shares of Tesla? Let&#39;s have a closer look.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36042e7a8e0b6139c65b59d01a8b8cfd\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>Tesla delivered excellent quarterly results as vehicle production continued to ramp up</h2><p>In the latter half of 2022, there was much concern that Elon Musk&#39;s purchase of Twitter would hurt Tesla&#39;s execution if the mercurial CEO became distracted with his new social media project. However, Tesla&#39;s magnificent fourth-quarter 2022 earnings results have poured cold water on that narrative.</p><p>The company blew away expectations with the following notable highlights:</p><ul><li>Highest-ever vehicle deliveries of 1.31 million in 2022</li><li>Record quarterly highs in revenue, operating income, and net income</li><li>Earnings per share of $1.19, vs. $1.13 consensus estimates</li></ul><p>About 85% of Tesla&#39;s revenue came from automotive sales, so Tesla needs to continue pumping out vehicles -- and it&#39;s doing exactly that. With 1.31 million vehicle deliveries in 2022, the company&#39;s sales surged 40% over 2021.</p><p>Tesla&#39;s total vehicle production capacity now stands at around 1.9 million across its factories in Shanghai, California, Texas, and Germany. Furthermore, the company delivered the first of its Semi vehicles in December, and 2023 should see the first deliveries of its Cybertruck. Those new additions to the lineup will only boost the company&#39;s overall sales figures.</p><p>As a result, Tesla&#39;s long-standing goal of producing and selling 20 million vehicles per year -- which would make it the largest vehicle manufacturer -- seems plausible. The company is closing in on the top 10 in worldwide sales, growing much faster than its competitors.</p><h2>Higher volumes allow Tesla to squeeze the competition</h2><p>Expanding production isn&#39;t Tesla&#39;s only goal. It&#39;s after something far more important: Dominating the competitive landscape. Tesla already has --<i>by far</i> -- the best gross margins in the automotive industry.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e018191ba0b16e1209b9c66eabc521d6\" tg-width=\"720\" tg-height=\"500\" referrerpolicy=\"no-referrer\"/><span>TSLA Gross Profit Margin data by YCharts.</span></p><p>These fat gross margins allow Tesla to lower prices as production levels increase -- something the company has already done in 2023. By contrast, the company&#39;s competitors can&#39;t respond in kind -- at least not without threatening to sell their vehicles at a loss. For instance,<b>General Motors</b>has already cut the price of its Cadillac Lyriq, even though the company only sold 122 of them in 2022.</p><p>High pension costs, aging factories and supply chains, and a complex dealership structure are some of the challenges legacy automakers face in boosting their margins. This makes it difficult to thwart Tesla&#39;s rise.</p><h2>Is Tesla a buy?</h2><p>Tesla is hitting its production targets and crushing the competition, but is that already baked into its share price? Yes and no.</p><p>Shares have skyrocketed in value so far this year as it&#39;s become clear that the company is firing on all cylinders. Even so, shares remain down35% from one year ago. The concerns about Musk&#39;s Twitter purchase -- combined with his personal sales of Tesla stock -- may have given investors a tremendous opportunity.</p><p>Shares trade at a price-to-earnings multiple of 55. That&#39;s expensive -- but historically <i>cheap</i> for Tesla. Besides, with revenue growth of 37% and a return on equity of 32%, you&#39;re paying up for quality. At any rate, Tesla stock still looks attractive, and long-term investors will likely be rewarded for buying now.</p><p>Also Read: <a href=\"https://ttm.financial/NW/1197453840\" target=\"_blank\">Tesla Rally Tops 100% From Low, Supercharged by New Optimism</a></p><p><a href=\"https://ttm.financial/NW/2310402185\" target=\"_blank\">Tesla Stock Tops $200. Here’s What Happens Next</a></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>Up 68% This Year, Is Tesla Stock a Buy?</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; 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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\">\nUp 68% This Year, Is Tesla Stock a Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-10 09:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/02/09/up-54-this-year-is-tesla-a-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSTesla's swelling production numbers led to great earnings results in 2022.The company continues to bring new factories and models online, helping to grow revenue and profits.Tesla's gross ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/02/09/up-54-this-year-is-tesla-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU2063271972.USD":"富兰克林创新领域基金","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4527":"明星科技股","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4550":"红杉资本持仓","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4574":"无人驾驶","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4551":"寇图资本持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4581":"高盛持仓","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","TSLA":"特斯拉","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4511":"特斯拉概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4099":"汽车制造商","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","BK4548":"巴美列捷福持仓","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","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2023/02/09/up-54-this-year-is-tesla-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2310634903","content_text":"KEY POINTSTesla's swelling production numbers led to great earnings results in 2022.The company continues to bring new factories and models online, helping to grow revenue and profits.Tesla's gross margins are the best in the business, which helps them squeeze the competition.Tesla shares are on fire this year. After a horrendous 2022, where shares fell more than 65%, the stock has exploded higher this year and is up 68% year to date.Is there still time for investors to scoop up shares of Tesla? Let's have a closer look.Image source: Getty Images.Tesla delivered excellent quarterly results as vehicle production continued to ramp upIn the latter half of 2022, there was much concern that Elon Musk's purchase of Twitter would hurt Tesla's execution if the mercurial CEO became distracted with his new social media project. However, Tesla's magnificent fourth-quarter 2022 earnings results have poured cold water on that narrative.The company blew away expectations with the following notable highlights:Highest-ever vehicle deliveries of 1.31 million in 2022Record quarterly highs in revenue, operating income, and net incomeEarnings per share of $1.19, vs. $1.13 consensus estimatesAbout 85% of Tesla's revenue came from automotive sales, so Tesla needs to continue pumping out vehicles -- and it's doing exactly that. With 1.31 million vehicle deliveries in 2022, the company's sales surged 40% over 2021.Tesla's total vehicle production capacity now stands at around 1.9 million across its factories in Shanghai, California, Texas, and Germany. Furthermore, the company delivered the first of its Semi vehicles in December, and 2023 should see the first deliveries of its Cybertruck. Those new additions to the lineup will only boost the company's overall sales figures.As a result, Tesla's long-standing goal of producing and selling 20 million vehicles per year -- which would make it the largest vehicle manufacturer -- seems plausible. The company is closing in on the top 10 in worldwide sales, growing much faster than its competitors.Higher volumes allow Tesla to squeeze the competitionExpanding production isn't Tesla's only goal. It's after something far more important: Dominating the competitive landscape. Tesla already has --by far -- the best gross margins in the automotive industry.TSLA Gross Profit Margin data by YCharts.These fat gross margins allow Tesla to lower prices as production levels increase -- something the company has already done in 2023. By contrast, the company's competitors can't respond in kind -- at least not without threatening to sell their vehicles at a loss. For instance,General Motorshas already cut the price of its Cadillac Lyriq, even though the company only sold 122 of them in 2022.High pension costs, aging factories and supply chains, and a complex dealership structure are some of the challenges legacy automakers face in boosting their margins. This makes it difficult to thwart Tesla's rise.Is Tesla a buy?Tesla is hitting its production targets and crushing the competition, but is that already baked into its share price? Yes and no.Shares have skyrocketed in value so far this year as it's become clear that the company is firing on all cylinders. Even so, shares remain down35% from one year ago. The concerns about Musk's Twitter purchase -- combined with his personal sales of Tesla stock -- may have given investors a tremendous opportunity.Shares trade at a price-to-earnings multiple of 55. That's expensive -- but historically cheap for Tesla. Besides, with revenue growth of 37% and a return on equity of 32%, you're paying up for quality. At any rate, Tesla stock still looks attractive, and long-term investors will likely be rewarded for buying now.Also Read: Tesla Rally Tops 100% From Low, Supercharged by New OptimismTesla Stock Tops $200. Here’s What Happens Next","news_type":1},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954313618,"gmtCreate":1675994424035,"gmtModify":1675994427534,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954313618","repostId":"2310944660","repostType":4,"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954313845,"gmtCreate":1675994413587,"gmtModify":1675994417030,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954313845","repostId":"2310466816","repostType":4,"repost":{"id":"2310466816","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1675983315,"share":"https://ttm.financial/m/news/2310466816?lang=&edition=fundamental","pubTime":"2023-02-10 06:55","market":"us","language":"en","title":"Wall St Dips As Treasury Yields Rise After Auction","url":"https://stock-news.laohu8.com/highlight/detail?id=2310466816","media":"Reuters","summary":"* Dow down 0.73%, S&P 500 down 0.88%, Nasdaq down 1.02%* Weak demand for $21 bln sale of 30-year Tre","content":"<html><head></head><body><p>* Dow down 0.73%, S&amp;P 500 down 0.88%, Nasdaq down 1.02%</p><p>* Weak demand for $21 bln sale of 30-year Treasury bonds</p><p>* PepsiCo gains on quarterly profit, sales beat</p><p>* Disney beats earnings estimates but ends down</p><p>* Salesforce rises on reports Third Point owns stake</p><p><img src=\"https://static.tigerbbs.com/10ffe4bf0377a8c835f7ee767296cc3d\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Feb 9 (Reuters) - U.S. stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after an auction of 30-year bonds went poorly and overshadowed strong earnings from corporate giants like Disney and PepsiCo.</p><p>&#34;The stock market started today&#39;s session with a distinct bullish bias, but then Treasury yields moved up and that took some of the steam out of the positive market today,&#34; said Jason Ware, chief investment officer at Albion Financial Group in Salt Lake City, Utah. He said investors were also still digesting recent comments from Fed officials.</p><p>Yields on the U.S. 30-year note rose after the Treasury Department saw weak demand for a $21 billion sale, the final sale of $96 billion in coupon-bearing supply this week. In a note to clients, Jefferies said &#34;the buyside bid failed to come together.&#34;</p><p>The Dow Jones Industrial Average fell 249.13 points on Thursday, or 0.73%, to 33,699.88, the S&amp;P 500 lost 36.36 points, or 0.88%, to 4,081.5 and the Nasdaq Composite dropped 120.94 points, or 1.02%, to 11,789.58.</p><p>Volume on U.S. exchanges was 11.49 billion shares, compared with the 11.93 billion average for the full session over the last 20 trading days.</p><p>&#34;With Treasury yields higher, it becomes a legitimate alternative to equities,&#34; said Michael Rosen, chief investment officer at Angeles Investments.</p><p>Wall Street&#39;s three main indexes opened higher on Thursday after data showed initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 last week, above a forecast of 190,000 claims.</p><p>The data tentatively eased concerns about the Federal Reserve&#39;s rate-hike path after a strong January employment report rattled markets last week.</p><p>Weighing on the S&amp;P 500 and Nasdaq indexes, Alphabet Inc extended losses from the previous session to fall 4.7%. All 11 S&amp;P 500 sectors posted losses.</p><p>The Google parent&#39;s new chatbot shared inaccurate information on Wednesday, feeding worries that it is losing ground to rival Microsoft Corp.</p><p>Disney Co beat earnings estimates and announced job cuts, encouraging activist investor Nelson Peltz to terminate his quest for a board seat. Still, it ended down 1.27%.</p><p>Salesforce Inc rose 2.38% on reports that hedge fund Third Point LLC owns a stake in the company.</p><p>Stocks have enjoyed an upbeat start to the year on hopes that the Fed will abandon its hawkish rhetoric and pilot the economy to a soft landing.</p><p>Traders are betting that the Fed will raise its benchmark rate to a peak of 5.1% in July, largely in line with the forecasts of Fed officials.</p><p>PepsiCo Inc rose 0.95% as the snack and beverage maker reported better-than-expected results, while drugmaker AbbVie Inc gained 2.82% after beating fourth-quarter profit expectations.</p><p>Tapestry Inc soared 3.47% on a strong annual profit forecast.</p><p>More than half of the S&amp;P 500 companies have reported quarterly earnings so far, and 69% of them have beaten estimates, according to Refinitiv data.</p><p><a href=\"https://laohu8.com/S/CSII\">Cardiovascular Systems</a> Inc soared 48.38% after Abbott Laboratories said it would buy the medical device maker for $837.6 million. Abbott fell 1.93%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.74-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 15 new 52-week highs and one new low; the Nasdaq Composite recorded 75 new highs and 57 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Dips As Treasury Yields Rise After Auction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St Dips As Treasury Yields Rise After Auction\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-02-10 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Dow down 0.73%, S&amp;P 500 down 0.88%, Nasdaq down 1.02%</p><p>* Weak demand for $21 bln sale of 30-year Treasury bonds</p><p>* PepsiCo gains on quarterly profit, sales beat</p><p>* Disney beats earnings estimates but ends down</p><p>* Salesforce rises on reports Third Point owns stake</p><p><img src=\"https://static.tigerbbs.com/10ffe4bf0377a8c835f7ee767296cc3d\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Feb 9 (Reuters) - U.S. stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after an auction of 30-year bonds went poorly and overshadowed strong earnings from corporate giants like Disney and PepsiCo.</p><p>&#34;The stock market started today&#39;s session with a distinct bullish bias, but then Treasury yields moved up and that took some of the steam out of the positive market today,&#34; said Jason Ware, chief investment officer at Albion Financial Group in Salt Lake City, Utah. He said investors were also still digesting recent comments from Fed officials.</p><p>Yields on the U.S. 30-year note rose after the Treasury Department saw weak demand for a $21 billion sale, the final sale of $96 billion in coupon-bearing supply this week. In a note to clients, Jefferies said &#34;the buyside bid failed to come together.&#34;</p><p>The Dow Jones Industrial Average fell 249.13 points on Thursday, or 0.73%, to 33,699.88, the S&amp;P 500 lost 36.36 points, or 0.88%, to 4,081.5 and the Nasdaq Composite dropped 120.94 points, or 1.02%, to 11,789.58.</p><p>Volume on U.S. exchanges was 11.49 billion shares, compared with the 11.93 billion average for the full session over the last 20 trading days.</p><p>&#34;With Treasury yields higher, it becomes a legitimate alternative to equities,&#34; said Michael Rosen, chief investment officer at Angeles Investments.</p><p>Wall Street&#39;s three main indexes opened higher on Thursday after data showed initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 last week, above a forecast of 190,000 claims.</p><p>The data tentatively eased concerns about the Federal Reserve&#39;s rate-hike path after a strong January employment report rattled markets last week.</p><p>Weighing on the S&amp;P 500 and Nasdaq indexes, Alphabet Inc extended losses from the previous session to fall 4.7%. All 11 S&amp;P 500 sectors posted losses.</p><p>The Google parent&#39;s new chatbot shared inaccurate information on Wednesday, feeding worries that it is losing ground to rival Microsoft Corp.</p><p>Disney Co beat earnings estimates and announced job cuts, encouraging activist investor Nelson Peltz to terminate his quest for a board seat. Still, it ended down 1.27%.</p><p>Salesforce Inc rose 2.38% on reports that hedge fund Third Point LLC owns a stake in the company.</p><p>Stocks have enjoyed an upbeat start to the year on hopes that the Fed will abandon its hawkish rhetoric and pilot the economy to a soft landing.</p><p>Traders are betting that the Fed will raise its benchmark rate to a peak of 5.1% in July, largely in line with the forecasts of Fed officials.</p><p>PepsiCo Inc rose 0.95% as the snack and beverage maker reported better-than-expected results, while drugmaker AbbVie Inc gained 2.82% after beating fourth-quarter profit expectations.</p><p>Tapestry Inc soared 3.47% on a strong annual profit forecast.</p><p>More than half of the S&amp;P 500 companies have reported quarterly earnings so far, and 69% of them have beaten estimates, according to Refinitiv data.</p><p><a href=\"https://laohu8.com/S/CSII\">Cardiovascular Systems</a> Inc soared 48.38% after Abbott Laboratories said it would buy the medical device maker for $837.6 million. Abbott fell 1.93%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.74-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 15 new 52-week highs and one new low; the Nasdaq Composite recorded 75 new highs and 57 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0648000940.SGD":"Natixis Harris Associates Global Equity RA SGD","BK4573":"虚拟现实","BK4561":"索罗斯持仓",".SPX":"S&P 500 Index","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0708994859.HKD":"TEMPLETON GLOBAL \"A\" (HKD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","CRM":"赛富时","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD",".IXIC":"NASDAQ Composite","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC",".DJI":"道琼斯","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","BK4514":"搜索引擎","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0130103400.USD":"Natixis Harris Associates Global Equity RA USD","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","BK4023":"应用软件","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","LU0128525929.USD":"TEMPLETON GLOBAL \"A\" (USD) ACC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","BK4108":"电影和娱乐","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","PEP":"百事可乐","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4587":"ChatGPT概念","LU0082616367.USD":"摩根大通美国科技A（dist）","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","CSII":"Cardiovascular Systems","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4524":"宅经济概念","LU0310800379.SGD":"FTIF - Templeton Global A Acc SGD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0061474960.USD":"天利环球焦点基金AU Acc","BK4527":"明星科技股","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1261432733.SGD":"Fidelity World A-ACC-SGD","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","BK4574":"无人驾驶","DIS":"迪士尼"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2310466816","content_text":"* Dow down 0.73%, S&P 500 down 0.88%, Nasdaq down 1.02%* Weak demand for $21 bln sale of 30-year Treasury bonds* PepsiCo gains on quarterly profit, sales beat* Disney beats earnings estimates but ends down* Salesforce rises on reports Third Point owns stakeFeb 9 (Reuters) - U.S. stock indexes ended lower on Thursday, erasing earlier gains as Treasury yields rose after an auction of 30-year bonds went poorly and overshadowed strong earnings from corporate giants like Disney and PepsiCo.\"The stock market started today's session with a distinct bullish bias, but then Treasury yields moved up and that took some of the steam out of the positive market today,\" said Jason Ware, chief investment officer at Albion Financial Group in Salt Lake City, Utah. He said investors were also still digesting recent comments from Fed officials.Yields on the U.S. 30-year note rose after the Treasury Department saw weak demand for a $21 billion sale, the final sale of $96 billion in coupon-bearing supply this week. In a note to clients, Jefferies said \"the buyside bid failed to come together.\"The Dow Jones Industrial Average fell 249.13 points on Thursday, or 0.73%, to 33,699.88, the S&P 500 lost 36.36 points, or 0.88%, to 4,081.5 and the Nasdaq Composite dropped 120.94 points, or 1.02%, to 11,789.58.Volume on U.S. exchanges was 11.49 billion shares, compared with the 11.93 billion average for the full session over the last 20 trading days.\"With Treasury yields higher, it becomes a legitimate alternative to equities,\" said Michael Rosen, chief investment officer at Angeles Investments.Wall Street's three main indexes opened higher on Thursday after data showed initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 last week, above a forecast of 190,000 claims.The data tentatively eased concerns about the Federal Reserve's rate-hike path after a strong January employment report rattled markets last week.Weighing on the S&P 500 and Nasdaq indexes, Alphabet Inc extended losses from the previous session to fall 4.7%. All 11 S&P 500 sectors posted losses.The Google parent's new chatbot shared inaccurate information on Wednesday, feeding worries that it is losing ground to rival Microsoft Corp.Disney Co beat earnings estimates and announced job cuts, encouraging activist investor Nelson Peltz to terminate his quest for a board seat. Still, it ended down 1.27%.Salesforce Inc rose 2.38% on reports that hedge fund Third Point LLC owns a stake in the company.Stocks have enjoyed an upbeat start to the year on hopes that the Fed will abandon its hawkish rhetoric and pilot the economy to a soft landing.Traders are betting that the Fed will raise its benchmark rate to a peak of 5.1% in July, largely in line with the forecasts of Fed officials.PepsiCo Inc rose 0.95% as the snack and beverage maker reported better-than-expected results, while drugmaker AbbVie Inc gained 2.82% after beating fourth-quarter profit expectations.Tapestry Inc soared 3.47% on a strong annual profit forecast.More than half of the S&P 500 companies have reported quarterly earnings so far, and 69% of them have beaten estimates, according to Refinitiv data.Cardiovascular Systems Inc soared 48.38% after Abbott Laboratories said it would buy the medical device maker for $837.6 million. Abbott fell 1.93%.Declining issues outnumbered advancing ones on the NYSE by a 2.74-to-1 ratio; on Nasdaq, a 2.37-to-1 ratio favored decliners.The S&P 500 posted 15 new 52-week highs and one new low; the Nasdaq Composite recorded 75 new highs and 57 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954313150,"gmtCreate":1675994405970,"gmtModify":1675994409764,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954313150","repostId":"1148777087","repostType":4,"repost":{"id":"1148777087","kind":"news","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1675985369,"share":"https://ttm.financial/m/news/1148777087?lang=&edition=fundamental","pubTime":"2023-02-10 07:29","market":"us","language":"en","title":"Disney, Tesla, Applovin, Affirm, Sonos, and More: These Stocks Are Moving the Most Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1148777087","media":"Dow Jones","summary":"Stocks turned lower Thursday, adding to losses from the previous session following hawkish comments ","content":"<html><head></head><body><p>Stocks turned lower Thursday, adding to losses from the previous session following hawkish comments from Federal Reserve officials.</p><p>These stocks were making moves Thursday:</p><p><b>Walt Disney (ticker: DIS)</b> dropped 1.3% after the entertainment giant said it planned to cut 7,000 jobs. The company’s restructuring plan would lead to cost savings of $5.5 billion. Disney also said it was reinstating its dividend after fiscal first-quarter earnings beat analysts’ estimates.</p><p><b>Tesla (TSLA)</b> rose 3%. Elon Musk said the electric vehicle maker’s Master Plan 3 would be unveiled at the company’s annual meeting on March 1.</p><p><b>Applovin (APP)</b> reported better-than-expected fourth-quarter revenue and said it expects the mobile ad market to remain “relatively stable” in the first quarter. The stock was soaring 27%.</p><p><b>Affirm Holdings (AFRM) </b>said it would cut 19% of its staff after the buy-now-pay-later company reported a wider-than-expected quarterly loss and issued an outlook shy of forecasts. The stock slumped 17%.</p><p><b>Sonos (SONO)</b>, the smart speaker company, surged 16.6% after posting record revenue in its fiscal first quarter and beating analysts’ earnings expectations.</p><p><b>Globus Medical (GMED)</b>, a medical device company, said it would buy <b>NuVasive (NUVA)</b>, which makes technology for spine surgery, in an all-stock transaction with a value of $3.1 billion. Shares of Globus were fell 18%, while NuVasive rose 3%.</p><p><b>International Flavors &amp; Fragrances (IFF) </b>fell 19% after the company posted fourth-quarter earnings that slightly beat expectations and issued a full-year outlook below consensus.</p><p><b>GitLab (GTLB)</b> shares tumbled 14% after the software company announced it will slash about 7% of its staff.</p><p><b>Baxter International (BAX) </b>fell 12.2% after the medical supply company reported fourth-quarter earnings that missed expectations and fiscal-year guidance well below Wall Street expectations.</p><p><b>Mattel (MAT)</b> was down 11% after fourth-quarter profit and sales at the toy maker missed analysts’ estimates. The company also guided for flat sales in 2023.</p><p><b>MGM Resorts (MGM)</b> rose 6.4%. The casino company reported fourth-quarter revenue that topped expectations and announced a stock buyback program of $2 billion. Fellow casino operator <b>Wynn Resorts (WYNN)</b> gained 4.7% after it also posted quarterly revenue that beat estimates.</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>Disney, Tesla, Applovin, Affirm, Sonos, and More: These Stocks Are Moving the Most Thursday</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\">\nDisney, Tesla, Applovin, Affirm, Sonos, and More: These Stocks Are Moving the Most Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-02-10 07:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks turned lower Thursday, adding to losses from the previous session following hawkish comments from Federal Reserve officials.</p><p>These stocks were making moves Thursday:</p><p><b>Walt Disney (ticker: DIS)</b> dropped 1.3% after the entertainment giant said it planned to cut 7,000 jobs. The company’s restructuring plan would lead to cost savings of $5.5 billion. Disney also said it was reinstating its dividend after fiscal first-quarter earnings beat analysts’ estimates.</p><p><b>Tesla (TSLA)</b> rose 3%. Elon Musk said the electric vehicle maker’s Master Plan 3 would be unveiled at the company’s annual meeting on March 1.</p><p><b>Applovin (APP)</b> reported better-than-expected fourth-quarter revenue and said it expects the mobile ad market to remain “relatively stable” in the first quarter. The stock was soaring 27%.</p><p><b>Affirm Holdings (AFRM) </b>said it would cut 19% of its staff after the buy-now-pay-later company reported a wider-than-expected quarterly loss and issued an outlook shy of forecasts. The stock slumped 17%.</p><p><b>Sonos (SONO)</b>, the smart speaker company, surged 16.6% after posting record revenue in its fiscal first quarter and beating analysts’ earnings expectations.</p><p><b>Globus Medical (GMED)</b>, a medical device company, said it would buy <b>NuVasive (NUVA)</b>, which makes technology for spine surgery, in an all-stock transaction with a value of $3.1 billion. Shares of Globus were fell 18%, while NuVasive rose 3%.</p><p><b>International Flavors &amp; Fragrances (IFF) </b>fell 19% after the company posted fourth-quarter earnings that slightly beat expectations and issued a full-year outlook below consensus.</p><p><b>GitLab (GTLB)</b> shares tumbled 14% after the software company announced it will slash about 7% of its staff.</p><p><b>Baxter International (BAX) </b>fell 12.2% after the medical supply company reported fourth-quarter earnings that missed expectations and fiscal-year guidance well below Wall Street expectations.</p><p><b>Mattel (MAT)</b> was down 11% after fourth-quarter profit and sales at the toy maker missed analysts’ estimates. The company also guided for flat sales in 2023.</p><p><b>MGM Resorts (MGM)</b> rose 6.4%. The casino company reported fourth-quarter revenue that topped expectations and announced a stock buyback program of $2 billion. Fellow casino operator <b>Wynn Resorts (WYNN)</b> gained 4.7% after it also posted quarterly revenue that beat estimates.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WYNN":"永利度假村","DIS":"迪士尼","GTLB":"GitLab, Inc.","NUVA":"纽瓦索器材","SONO":"搜诺思公司","TSLA":"特斯拉","IFF":"国际香料香精","BAX":"百特国际","AFRM":"Affirm Holdings, Inc.","APP":"AppLovin Corporation","MAT":"美国美泰公司","MGM":"美高梅","GMED":"Globus Medical Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148777087","content_text":"Stocks turned lower Thursday, adding to losses from the previous session following hawkish comments from Federal Reserve officials.These stocks were making moves Thursday:Walt Disney (ticker: DIS) dropped 1.3% after the entertainment giant said it planned to cut 7,000 jobs. The company’s restructuring plan would lead to cost savings of $5.5 billion. Disney also said it was reinstating its dividend after fiscal first-quarter earnings beat analysts’ estimates.Tesla (TSLA) rose 3%. Elon Musk said the electric vehicle maker’s Master Plan 3 would be unveiled at the company’s annual meeting on March 1.Applovin (APP) reported better-than-expected fourth-quarter revenue and said it expects the mobile ad market to remain “relatively stable” in the first quarter. The stock was soaring 27%.Affirm Holdings (AFRM) said it would cut 19% of its staff after the buy-now-pay-later company reported a wider-than-expected quarterly loss and issued an outlook shy of forecasts. The stock slumped 17%.Sonos (SONO), the smart speaker company, surged 16.6% after posting record revenue in its fiscal first quarter and beating analysts’ earnings expectations.Globus Medical (GMED), a medical device company, said it would buy NuVasive (NUVA), which makes technology for spine surgery, in an all-stock transaction with a value of $3.1 billion. Shares of Globus were fell 18%, while NuVasive rose 3%.International Flavors & Fragrances (IFF) fell 19% after the company posted fourth-quarter earnings that slightly beat expectations and issued a full-year outlook below consensus.GitLab (GTLB) shares tumbled 14% after the software company announced it will slash about 7% of its staff.Baxter International (BAX) fell 12.2% after the medical supply company reported fourth-quarter earnings that missed expectations and fiscal-year guidance well below Wall Street expectations.Mattel (MAT) was down 11% after fourth-quarter profit and sales at the toy maker missed analysts’ estimates. The company also guided for flat sales in 2023.MGM Resorts (MGM) rose 6.4%. The casino company reported fourth-quarter revenue that topped expectations and announced a stock buyback program of $2 billion. Fellow casino operator Wynn Resorts (WYNN) gained 4.7% after it also posted quarterly revenue that beat estimates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954313357,"gmtCreate":1675994398779,"gmtModify":1675994402554,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954313357","repostId":"1197453840","repostType":4,"repost":{"id":"1197453840","kind":"news","pubTimestamp":1675988805,"share":"https://ttm.financial/m/news/1197453840?lang=&edition=fundamental","pubTime":"2023-02-10 08:26","market":"us","language":"en","title":"Tesla Rally Tops 100% From Low, Supercharged by New Optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=1197453840","media":"Bloomberg","summary":"Electric-vehicle maker’s shares close up 3% ThursdayFed pivot hope, rising EV demand, retail buying ","content":"<html><head></head><body><ul><li>Electric-vehicle maker’s shares close up 3% Thursday</li><li>Fed pivot hope, rising EV demand, retail buying drive stock</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a6ed0d1e57f13bec05b35620a1bfa698\" tg-width=\"1000\" tg-height=\"667\" width=\"100%\" height=\"auto\"/><span>Photographer: Qilai Shen/Bloomberg</span></p><p>Tesla Inc. shares extended their breakneck rally on Thursday to double from the lows touched in early January, helped by a rising appetite for growth and technology stocks, and signs that demand for its electric vehicles is rebounding.</p><p>The shares closed up 3% at $207.32 in New York, capping a 104% gain from their Jan. 6 intraday trough. The shares are bouncing off a 65% plunge in 2022.</p><p>Riskier growth stocks, which were beaten down hard last year amid concerns about rising interest rates and a recession, have made a strong comeback in 2023 as optimism about the economy has returned and investors bet the Federal Reserve’s aggressive rate-hike cycle is nearing its end. At the same time, Tesla’s own earnings last month, and a spate of positive headlines on tax credits for electric vehicles, have provided further lift to the shares of the Elon Musk-led company.</p><p>“Tesla is rising so fast because of a market that believes the Fed is coming to the rescue,” said Eric Schiffer, chief executive officer of Los Angeles-based private equity firm Patriarch Organization. Good fourth-quarter results and “price cuts to turbocharge demand” also helped, he said.</p><p><img src=\"https://static.tigerbbs.com/511d3c6619faad09071e52a4dd04212b\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>Early in February, the Biden administration said it will expand the newly-revamped electric vehicle tax credit to allow SUVs costing up to $80,000 to receive those credits. That move is a positive for Tesla, analysts said. Separately, the company has seen a surge in demand for its cars after January’s big price cut, allowing it to institute a slight price hike.</p><p>Still, Tesla’s gains of 68% this year far outpace those of the Nasdaq 100 Index, which is up 13%, as well as that of the NYSE FANG+ Index, which has advanced 28% in 2023. A frenzy of speculative trading in recent weeks that has seen retail traders rush into some of their favorite stocks can explain some of that exuberance, given Tesla’s popularity among individual shareholders.</p><p>“Tesla has definitely been the main target of retail buying so far this year,” said Marco Iachini, senior vice president of research at Vanda Securities. While retail investors buying the stock is not unusual, given Tesla is “an ultimate retail favorite,” Iachini said the persistence and magnitude of the flows are surprising.</p><p>Given that Tesla’s sharp decline over the past year brought significant pain to mom-and-pop traders, the recent “hunger” for the stock could be due to a desire to chase it higher and make up for losses, Iachini said. Just this week, Tesla alone attracted a 33% share of overall net purchases across all US securities, according to Vanda.</p><p>The heavy retail flows into the stock are coming ahead of the company’s investor day on March 1, where Musk is expected to unveil a third version of his “master plan,” Vanda analysts noted.</p><p>Despite January’s gravity-defying rally, the EV-maker’s shares are still down 49% from the all-time high of $409.97 touched in early November 2021. And while some investors say that the worst could be over for Tesla, others advocate caution, especially with the risk of a recession still hovering and the EV industry’s brisk pace of growth expected to slow in the near-term. Meanwhile, skepticism about the company’s newest model, the Semi heavy-duty truck, are continuing to linger.</p><p>The stock is now trading just above the average analyst price target tracked by Bloomberg — suggesting Wall Street doesn’t see much more upside. Meanwhile, Tesla’s relative strength index, a technical gauge that measures whether a stock is under or over bought — shows signs of excessive buying, typically seen by markets as an indication that a decline is imminent.</p><p>Tesla shares can continue to rise until the end of the first quarter or early second quarter, “when signs of a potential hard landing may again slash valuation,” Patriarch’s Schiffer said.</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>Tesla Rally Tops 100% From Low, Supercharged by New Optimism</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 Rally Tops 100% From Low, Supercharged by New Optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-10 08:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-09/tesla-set-to-double-from-january-low-on-turbocharged-tech-rally?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric-vehicle maker’s shares close up 3% ThursdayFed pivot hope, rising EV demand, retail buying drive stockPhotographer: Qilai Shen/BloombergTesla Inc. shares extended their breakneck rally on ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-09/tesla-set-to-double-from-january-low-on-turbocharged-tech-rally?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-09/tesla-set-to-double-from-january-low-on-turbocharged-tech-rally?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197453840","content_text":"Electric-vehicle maker’s shares close up 3% ThursdayFed pivot hope, rising EV demand, retail buying drive stockPhotographer: Qilai Shen/BloombergTesla Inc. shares extended their breakneck rally on Thursday to double from the lows touched in early January, helped by a rising appetite for growth and technology stocks, and signs that demand for its electric vehicles is rebounding.The shares closed up 3% at $207.32 in New York, capping a 104% gain from their Jan. 6 intraday trough. The shares are bouncing off a 65% plunge in 2022.Riskier growth stocks, which were beaten down hard last year amid concerns about rising interest rates and a recession, have made a strong comeback in 2023 as optimism about the economy has returned and investors bet the Federal Reserve’s aggressive rate-hike cycle is nearing its end. At the same time, Tesla’s own earnings last month, and a spate of positive headlines on tax credits for electric vehicles, have provided further lift to the shares of the Elon Musk-led company.“Tesla is rising so fast because of a market that believes the Fed is coming to the rescue,” said Eric Schiffer, chief executive officer of Los Angeles-based private equity firm Patriarch Organization. Good fourth-quarter results and “price cuts to turbocharge demand” also helped, he said.Early in February, the Biden administration said it will expand the newly-revamped electric vehicle tax credit to allow SUVs costing up to $80,000 to receive those credits. That move is a positive for Tesla, analysts said. Separately, the company has seen a surge in demand for its cars after January’s big price cut, allowing it to institute a slight price hike.Still, Tesla’s gains of 68% this year far outpace those of the Nasdaq 100 Index, which is up 13%, as well as that of the NYSE FANG+ Index, which has advanced 28% in 2023. A frenzy of speculative trading in recent weeks that has seen retail traders rush into some of their favorite stocks can explain some of that exuberance, given Tesla’s popularity among individual shareholders.“Tesla has definitely been the main target of retail buying so far this year,” said Marco Iachini, senior vice president of research at Vanda Securities. While retail investors buying the stock is not unusual, given Tesla is “an ultimate retail favorite,” Iachini said the persistence and magnitude of the flows are surprising.Given that Tesla’s sharp decline over the past year brought significant pain to mom-and-pop traders, the recent “hunger” for the stock could be due to a desire to chase it higher and make up for losses, Iachini said. Just this week, Tesla alone attracted a 33% share of overall net purchases across all US securities, according to Vanda.The heavy retail flows into the stock are coming ahead of the company’s investor day on March 1, where Musk is expected to unveil a third version of his “master plan,” Vanda analysts noted.Despite January’s gravity-defying rally, the EV-maker’s shares are still down 49% from the all-time high of $409.97 touched in early November 2021. And while some investors say that the worst could be over for Tesla, others advocate caution, especially with the risk of a recession still hovering and the EV industry’s brisk pace of growth expected to slow in the near-term. Meanwhile, skepticism about the company’s newest model, the Semi heavy-duty truck, are continuing to linger.The stock is now trading just above the average analyst price target tracked by Bloomberg — suggesting Wall Street doesn’t see much more upside. Meanwhile, Tesla’s relative strength index, a technical gauge that measures whether a stock is under or over bought — shows signs of excessive buying, typically seen by markets as an indication that a decline is imminent.Tesla shares can continue to rise until the end of the first quarter or early second quarter, “when signs of a potential hard landing may again slash valuation,” Patriarch’s Schiffer said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954938355,"gmtCreate":1675907837677,"gmtModify":1675907841287,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954938355","repostId":"2309480510","repostType":4,"repost":{"id":"2309480510","kind":"news","pubTimestamp":1675906630,"share":"https://ttm.financial/m/news/2309480510?lang=&edition=fundamental","pubTime":"2023-02-09 09:37","market":"us","language":"en","title":"China’s Li Auto Launches Electrified SUV to Rival Tesla Model Y","url":"https://stock-news.laohu8.com/highlight/detail?id=2309480510","media":"Bloomberg","summary":"The L7 has a battery and a gasoline engine for extended rangeDeliveries are expected to start next m","content":"<html><head></head><body><ul><li>The L7 has a battery and a gasoline engine for extended range</li><li>Deliveries are expected to start next month, CEO Li says</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e6ed2653fbd3628fc2c88a78c60ed74\" tg-width=\"1000\" tg-height=\"562\" width=\"100%\" height=\"auto\"/><span>Source: Li Auto Inc.</span></p><p>Beijing-based Li Auto Inc. unveiled an extended-range electrified sport utility vehicle it wants to rival cars like Tesla Inc.’s Model Y.</p><p>The L7, introduced during an online event Wednesday, has a starting price of 319,800 yuan ($47,100) and a maximum driving range of 1,315 kilometers (817 miles). The five-seater can cover about 210 kilometers purely electric but also has a four-cylinder gasoline engine to provide additional power for greater range.</p><p>“The L7 will redefine a family five-seater SUV and bring an entirely new journey for three-people families,” Li Auto’s Founder and Chief Executive Officer Li Xiang said, adding that deliveries are expected to start as soon as March 1st.</p><p>The L7 is Li Auto’s fourth so-called new-energy vehicle, a classification that includes fully electric cars and plug-in hybrids. The other three are six-seaters. Following Apple Inc., Li Auto named the three variants under its latest model as L7 Air, L7 Pro, and L7 Max, which are equipped with different sensors, storage, intelligent driving hardwares, and so on.</p><p>In terms of pricing and design, the L7 is being positioned to take on models including the Audi Q5, Mercedes-Benz GLC and BMW X3, as well as Tesla’s Model Y. Many potential buyers have owned Model 3 or Model Y cars, preliminary pre-orders show, Li said in aposton his Weibo social media account in January.</p><p>Still, Tesla’s recent price cuts on its Chinese-made vehicles have brought the starting cost of the Model Y down far lower than the L7, to 259,900 yuan.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d4fcf4959a02af0056ad067f7e21a9d\" tg-width=\"1000\" tg-height=\"562\" width=\"100%\" height=\"auto\"/><span>The interior of the L7. Source: Li Auto Inc.</span></p><p>Tesla isn’t alone in slashing prices on its cars as the EV market grows increasingly competitive. Chinese brands including Xpeng Inc. and Huawei Technologies Co.-backed Aito have also reduced theirs in recent months. Li Auto cut prices on some of its early models to clear inventory and avoid competing against its own newly-launched models.</p><p>Even with Covid disruptions and an economic slowdown, retail sales of NEVs almost doubled to 5.67 million in China last year, according to Passenger Car Association data. Li Auto delivered 133,246 vehicles, an increase of 47% from 2021, helped by the addition of its L9 and L8 SUVs. The company’s first SUV model is the Li One.</p><p>In the meantime, rather than solely relying on battery giant and Tesla supplier Contemporary Amperex Technology Co., Li Auto will work with local battery manufacturer Sunwoda Electronic Co. and Svolt Energy Technology Co. Ltd. on self-developed battery packs, which will be installed in the basic Air versions of L7 and L8, the CEO said.</p><p>Li Auto, founded in 2015, may have to wait until 2024 to record its first annual operating profit, according to Bloomberg Intelligence, a year later than consensus estimates.</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>China’s Li Auto Launches Electrified SUV to Rival Tesla Model Y</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s Li Auto Launches Electrified SUV to Rival Tesla Model Y\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-09 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-08/china-s-li-auto-launches-electrified-suv-to-rival-tesla-model-y><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The L7 has a battery and a gasoline engine for extended rangeDeliveries are expected to start next month, CEO Li saysSource: Li Auto Inc.Beijing-based Li Auto Inc. unveiled an extended-range ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-08/china-s-li-auto-launches-electrified-suv-to-rival-tesla-model-y\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4555":"新能源车","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4124":"机动车零配件与设备","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4585":"ETF&股票定投概念","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4511":"特斯拉概念","LU0823411888.USD":"法巴消费创新基金 Cap","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU2063271972.USD":"富兰克林创新领域基金","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4550":"红杉资本持仓","LI":"理想汽车","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4527":"明星科技股","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4581":"高盛持仓","BK4563":"昨日强势股","BK4534":"瑞士信贷持仓","LU0056508442.USD":"贝莱德世界科技基金A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4099":"汽车制造商","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4503":"景林资产持仓","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","02015":"理想汽车-W","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4574":"无人驾驶","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC"},"source_url":"https://www.bloomberg.com/news/articles/2023-02-08/china-s-li-auto-launches-electrified-suv-to-rival-tesla-model-y","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2309480510","content_text":"The L7 has a battery and a gasoline engine for extended rangeDeliveries are expected to start next month, CEO Li saysSource: Li Auto Inc.Beijing-based Li Auto Inc. unveiled an extended-range electrified sport utility vehicle it wants to rival cars like Tesla Inc.’s Model Y.The L7, introduced during an online event Wednesday, has a starting price of 319,800 yuan ($47,100) and a maximum driving range of 1,315 kilometers (817 miles). The five-seater can cover about 210 kilometers purely electric but also has a four-cylinder gasoline engine to provide additional power for greater range.“The L7 will redefine a family five-seater SUV and bring an entirely new journey for three-people families,” Li Auto’s Founder and Chief Executive Officer Li Xiang said, adding that deliveries are expected to start as soon as March 1st.The L7 is Li Auto’s fourth so-called new-energy vehicle, a classification that includes fully electric cars and plug-in hybrids. The other three are six-seaters. Following Apple Inc., Li Auto named the three variants under its latest model as L7 Air, L7 Pro, and L7 Max, which are equipped with different sensors, storage, intelligent driving hardwares, and so on.In terms of pricing and design, the L7 is being positioned to take on models including the Audi Q5, Mercedes-Benz GLC and BMW X3, as well as Tesla’s Model Y. Many potential buyers have owned Model 3 or Model Y cars, preliminary pre-orders show, Li said in aposton his Weibo social media account in January.Still, Tesla’s recent price cuts on its Chinese-made vehicles have brought the starting cost of the Model Y down far lower than the L7, to 259,900 yuan.The interior of the L7. Source: Li Auto Inc.Tesla isn’t alone in slashing prices on its cars as the EV market grows increasingly competitive. Chinese brands including Xpeng Inc. and Huawei Technologies Co.-backed Aito have also reduced theirs in recent months. Li Auto cut prices on some of its early models to clear inventory and avoid competing against its own newly-launched models.Even with Covid disruptions and an economic slowdown, retail sales of NEVs almost doubled to 5.67 million in China last year, according to Passenger Car Association data. Li Auto delivered 133,246 vehicles, an increase of 47% from 2021, helped by the addition of its L9 and L8 SUVs. The company’s first SUV model is the Li One.In the meantime, rather than solely relying on battery giant and Tesla supplier Contemporary Amperex Technology Co., Li Auto will work with local battery manufacturer Sunwoda Electronic Co. and Svolt Energy Technology Co. Ltd. on self-developed battery packs, which will be installed in the basic Air versions of L7 and L8, the CEO said.Li Auto, founded in 2015, may have to wait until 2024 to record its first annual operating profit, according to Bloomberg Intelligence, a year later than consensus estimates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954938922,"gmtCreate":1675907824467,"gmtModify":1675907827879,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954938922","repostId":"2309169865","repostType":4,"repost":{"id":"2309169865","kind":"highlight","pubTimestamp":1675907228,"share":"https://ttm.financial/m/news/2309169865?lang=&edition=fundamental","pubTime":"2023-02-09 09:47","market":"us","language":"en","title":"Warner Bros. Discovery to Keep Discovery+, in Strategy Shift","url":"https://stock-news.laohu8.com/highlight/detail?id=2309169865","media":"The Wall Street Journal","summary":"Decision reflects concerns that some Discovery+ subscribers might not want to move to pricier platfo","content":"<html><head></head><body><p>Decision reflects concerns that some Discovery+ subscribers might not want to move to pricier platform</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f4c7d8f0410f03ab99333d55e642f2ac\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/><span>Warner Bros. Discovery has said that it is looking to offer streaming options at different prices.</span></p><p>Warner Bros. Discovery Inc. plans to keep Discovery+ as a stand-alone streaming service, people familiar with the matter said, a strategy shift for a company that had planned to consolidate content in a single subscription app.</p><p>The move comes as Warner Discovery is close to launching a new, yet-to-be named supersize streaming service amid increased competitionand inan uncerta in economic environment.</p><p>Company leaders have since adjusted that view, the people said.</p><p>The idea of building a one-stop shop for streaming was part of the appeal of merging AT&amp;T Inc.’s WarnerMedia with Discovery Inc., the deal that created Warner Bros. Discovery last year. The company had said streamlining its offerings made sense for the company and for consumers, given how crowded the streaming marketplace has become.</p><p>Instead of combining HBO Max and Discovery+ in their entirety, the new platform will feature HBO Max content and most Discovery+ content, with Discovery+ remaining available as a stand-alone option, some of the people said.</p><p>The decision to keep Discovery+ is part of an effort to avoid risking losing a significant chunk of the app’s 20 million subscribers who might not want to pay the higher price to access that content, according to the people familiar with the matter.</p><p>The content that will be available on both Discovery+ and the new service includes Discovery Channel’s “Shark Week” and programs from Chip and Joanna Gaines’s “Magnolia Network,” into the new service that expands on what HBO Max has built, some of the people said.</p><p>Discovery+ without ads costs $6.99 a month and the ad-supported version costs $4.99. HBO Max, meanwhile, costs $15.99 a month without ads and $9.99 with ads. The coming streaming service will likely become more expensive than HBO Max, company executives have said. Discovery+ is profitable and has low operating costs, some of the people said.</p><p>Warner Bros. Discovery has said that it is looking to make sure it offers an array of streaming options for viewers at different price points.</p><p>To that end, the company is also planning to launch a free ad-supported streaming service this year in an effort to reach a broader audience as the competition for users intensifies. The coming free service will include a variety of streaming channels of programming including library content from the Warner Bros. studio, as well as shows that originally ran on HBO and Discovery outlets, said the people familiar with the situation.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warner Bros. Discovery to Keep Discovery+, in Strategy Shift</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\">\nWarner Bros. Discovery to Keep Discovery+, in Strategy Shift\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-09 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/warner-bros-discovery-to-keep-discovery-in-strategy-shift-11675859633?page=1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Decision reflects concerns that some Discovery+ subscribers might not want to move to pricier platformWarner Bros. Discovery has said that it is looking to offer streaming options at different prices....</p>\n\n<a href=\"https://www.wsj.com/articles/warner-bros-discovery-to-keep-discovery-in-strategy-shift-11675859633?page=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WBD":"Warner Bros. Discovery","BK4108":"电影和娱乐","BK4125":"广播"},"source_url":"https://www.wsj.com/articles/warner-bros-discovery-to-keep-discovery-in-strategy-shift-11675859633?page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2309169865","content_text":"Decision reflects concerns that some Discovery+ subscribers might not want to move to pricier platformWarner Bros. Discovery has said that it is looking to offer streaming options at different prices.Warner Bros. Discovery Inc. plans to keep Discovery+ as a stand-alone streaming service, people familiar with the matter said, a strategy shift for a company that had planned to consolidate content in a single subscription app.The move comes as Warner Discovery is close to launching a new, yet-to-be named supersize streaming service amid increased competitionand inan uncerta in economic environment.Company leaders have since adjusted that view, the people said.The idea of building a one-stop shop for streaming was part of the appeal of merging AT&T Inc.’s WarnerMedia with Discovery Inc., the deal that created Warner Bros. Discovery last year. The company had said streamlining its offerings made sense for the company and for consumers, given how crowded the streaming marketplace has become.Instead of combining HBO Max and Discovery+ in their entirety, the new platform will feature HBO Max content and most Discovery+ content, with Discovery+ remaining available as a stand-alone option, some of the people said.The decision to keep Discovery+ is part of an effort to avoid risking losing a significant chunk of the app’s 20 million subscribers who might not want to pay the higher price to access that content, according to the people familiar with the matter.The content that will be available on both Discovery+ and the new service includes Discovery Channel’s “Shark Week” and programs from Chip and Joanna Gaines’s “Magnolia Network,” into the new service that expands on what HBO Max has built, some of the people said.Discovery+ without ads costs $6.99 a month and the ad-supported version costs $4.99. HBO Max, meanwhile, costs $15.99 a month without ads and $9.99 with ads. The coming streaming service will likely become more expensive than HBO Max, company executives have said. Discovery+ is profitable and has low operating costs, some of the people said.Warner Bros. Discovery has said that it is looking to make sure it offers an array of streaming options for viewers at different price points.To that end, the company is also planning to launch a free ad-supported streaming service this year in an effort to reach a broader audience as the competition for users intensifies. The coming free service will include a variety of streaming channels of programming including library content from the Warner Bros. studio, as well as shows that originally ran on HBO and Discovery outlets, said the people familiar with the situation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9061713617,"gmtCreate":1651675962839,"gmtModify":1676534947201,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"like//<a href=\"https://laohu8.com/U/4088639346266630\">@daz88888888</a>:<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>March, the Fed made a quarter percentage point hike, from near zero. Powell told the International Monetary Fund forum last month, “It is appropriate in my view to be moving a little more quickly. I also think there’s something in the idea of front-end loading whatever accommodation one thinks is appropriate.” Some regarded that comment as a signal of “peak hawkishness” to come.Don’t fight the Fed, as the saying goes. A person’s real fight, experts say, is understanding their emotions and financial capabilities in this moment — and making the best of it during a volatile stock market not helped by","listText":"like//<a href=\"https://laohu8.com/U/4088639346266630\">@daz88888888</a>:<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>March, the Fed made a quarter percentage point hike, from near zero. Powell told the International Monetary Fund forum last month, “It is appropriate in my view to be moving a little more quickly. I also think there’s something in the idea of front-end loading whatever accommodation one thinks is appropriate.” Some regarded that comment as a signal of “peak hawkishness” to come.Don’t fight the Fed, as the saying goes. A person’s real fight, experts say, is understanding their emotions and financial capabilities in this moment — and making the best of it during a volatile stock market not helped by","text":"like//@daz88888888:$Amazon.com(AMZN)$$Tesla Motors(TSLA)$March, the Fed made a quarter percentage point hike, from near zero. Powell told the International Monetary Fund forum last month, “It is appropriate in my view to be moving a little more quickly. I also think there’s something in the idea of front-end loading whatever accommodation one thinks is appropriate.” Some regarded that comment as a signal of “peak hawkishness” to come.Don’t fight the Fed, as the saying goes. A person’s real fight, experts say, is understanding their emotions and financial capabilities in this moment — and making the best of it during a volatile stock market not helped by","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":70,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9061713617","repostId":"9063839139","repostType":1,"repost":{"id":9063839139,"gmtCreate":1651450981360,"gmtModify":1676534906953,"author":{"id":"4088639346266630","authorId":"4088639346266630","name":"daz888888888","avatar":"https://community-static.tradeup.com/news/8bbe8cd95504dc1e0dd3af78504d3f7e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088639346266630","authorIdStr":"4088639346266630"},"themes":[],"title":"Stock Futures Flat, NASDAQ Worst Month Since 2008 🎢😩","htmlText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a>U.S. stock index futures were flat during overnight trading Sunday after the Nasdaq Composite Index posted its worst month since 2008, pressured by rising rates, rampant inflation, and underwhelming earnings from some of the largest technology companies.Futures contracts tied to the Dow Jones Industrial Average slid 11 points. S&amp;P 500 futures were flat, while Nasdaq 100 futures declined 0.2%.The major averages sank on Friday, accelerating April's losses. The Dow sank 939 points during the session, bringing its loss last week to roughly 2.5%. It was the 30-stock benchmark's fifth-straight negative week.The S&amp;P 500 declined 3.63% on Friday, its worst day since June 2020, and posted its fourth-straight negative week for the","listText":"<a href=\"https://ttm.financial/S/AMZN\">$Amazon.com(AMZN)$</a>U.S. stock index futures were flat during overnight trading Sunday after the Nasdaq Composite Index posted its worst month since 2008, pressured by rising rates, rampant inflation, and underwhelming earnings from some of the largest technology companies.Futures contracts tied to the Dow Jones Industrial Average slid 11 points. S&amp;P 500 futures were flat, while Nasdaq 100 futures declined 0.2%.The major averages sank on Friday, accelerating April's losses. The Dow sank 939 points during the session, bringing its loss last week to roughly 2.5%. It was the 30-stock benchmark's fifth-straight negative week.The S&amp;P 500 declined 3.63% on Friday, its worst day since June 2020, and posted its fourth-straight negative week for the","text":"$Amazon.com(AMZN)$U.S. stock index futures were flat during overnight trading Sunday after the Nasdaq Composite Index posted its worst month since 2008, pressured by rising rates, rampant inflation, and underwhelming earnings from some of the largest technology companies.Futures contracts tied to the Dow Jones Industrial Average slid 11 points. S&P 500 futures were flat, while Nasdaq 100 futures declined 0.2%.The major averages sank on Friday, accelerating April's losses. The Dow sank 939 points during the session, bringing its loss last week to roughly 2.5%. It was the 30-stock benchmark's fifth-straight negative week.The S&P 500 declined 3.63% on Friday, its worst day since June 2020, and posted its fourth-straight negative week for the","images":[],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9063839139","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":871,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983875028,"gmtCreate":1666223661364,"gmtModify":1676537724136,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9983875028","repostId":"2276745435","repostType":4,"repost":{"id":"2276745435","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1666219547,"share":"https://ttm.financial/m/news/2276745435?lang=&edition=fundamental","pubTime":"2022-10-20 06:45","market":"us","language":"en","title":"Tesla Sees 2022 Delivery Miss, Q3 Revenue Comes in Below Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2276745435","media":"Reuters","summary":"(Reuters) -$Tesla Inc (TSLA)$ Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand afte","content":"<html><head></head><body><p>(Reuters) -<a href=\"https://laohu8.com/S/TSLA\">Tesla Inc </a> Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand after the company&#39;s revenue missed Wall Street estimates.</p><p>The billionaire told analysts on a conference call there was excellent demand for the fourth quarter, addressing investor concern that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.</p><p>But he said some logistics challenges would persist, with fourth-quarter deliveries tracking under 50% growth while production hit 50% growth.</p><p>&#34;I wouldn&#39;t say we&#39;re recession proof, but it&#39;s certainly recession resilient,&#34; he said.</p><p>Shares fell 6.28% in after-market trading.</p><p><img src=\"https://static.tigerbbs.com/158a86665b6e0842ed94e776cf18cd84\" tg-width=\"860\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/></p><p>Tesla is expanding fast despite global economic jitters, and investors are closely watching for signs that the cooling economy would hurt demand.</p><p><b>The company&#39;s third-quarter automotive gross margin was 27.9%, missing analysts&#39; estimates and down from 30.5% a year earlier.</b></p><p><b>Tesla&#39;s revenue for the third quarter was $21.45 billion, a record but short of analysts&#39; estimates of $21.96 billion</b>, according to IBES data from Refinitiv.</p><p>The company said it had a negative foreign exchange impact of $250 million on its earnings as the U.S. dollar strengthened against major currencies.</p><p>&#34;Raw material cost inflation impacted our profitability along with ramp inefficiencies&#34; from its new factories in Berlin and Texas, and the production of its new 4680 batteries, according to Tesla&#39;s statement. Musk added that production of the 4680 battery was gaining rapid traction, although executive Andrew Baglino said, &#34;There are challenges still ahead that we have not yet surpassed. No doubt.&#34;</p><p>Musk also said the company has the ability to do a stock buyback in the range of $5 billion to $10 billion, pending board review and approval.</p><h3>PATH TO PASS APPLE MARKET SHARE</h3><p>Early this month, Tesla said it delivered 35% more vehicles in the July-September period than in the previous quarter, but the record number was shy of vehicle production and analysts&#39; estimates.</p><p>The electric vehicle pioneer has seen its shares tumble about 50% from record highs last November as investors were spooked by a cooling global economy and Musk&#39;s bid to buy social media company <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>.</p><p>Musk told the conference call he saw a path for Tesla to be worth more than two mammoth companies, Apple Inc (AAPL.O) and Saudi Aramco (2222.SE), combined. Tesla&#39;s market cap is now under $700 billion, while Apple is worth $2.3 trillion and oil producer Saudi Aramco is worth $2.1 trillion.</p><p>Analysts had expected Musk to voice optimism about Tesla in the conference call. Musk has been trying to raise cash to fund his $44 billion deal to take Twitter Inc private. Some experts say Musk may need to sell about $3 billion more in stock after the earnings announcement to help fund the deal.</p><p>Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc (TWTR.N), although he and other investors were overpaying for the social media company.</p><p>Musk also said Tesla&#39;s Cybertruck pick-up truck was on track to enter production in the middle of next year and its heavy duty semi truck, which will begin deliveries later this year, could see 50,000 units in North America in 2024.</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 Sees 2022 Delivery Miss, Q3 Revenue Comes in Below Forecast</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\">\nTesla Sees 2022 Delivery Miss, Q3 Revenue Comes in Below Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-10-20 06:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) -<a href=\"https://laohu8.com/S/TSLA\">Tesla Inc </a> Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand after the company&#39;s revenue missed Wall Street estimates.</p><p>The billionaire told analysts on a conference call there was excellent demand for the fourth quarter, addressing investor concern that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.</p><p>But he said some logistics challenges would persist, with fourth-quarter deliveries tracking under 50% growth while production hit 50% growth.</p><p>&#34;I wouldn&#39;t say we&#39;re recession proof, but it&#39;s certainly recession resilient,&#34; he said.</p><p>Shares fell 6.28% in after-market trading.</p><p><img src=\"https://static.tigerbbs.com/158a86665b6e0842ed94e776cf18cd84\" tg-width=\"860\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/></p><p>Tesla is expanding fast despite global economic jitters, and investors are closely watching for signs that the cooling economy would hurt demand.</p><p><b>The company&#39;s third-quarter automotive gross margin was 27.9%, missing analysts&#39; estimates and down from 30.5% a year earlier.</b></p><p><b>Tesla&#39;s revenue for the third quarter was $21.45 billion, a record but short of analysts&#39; estimates of $21.96 billion</b>, according to IBES data from Refinitiv.</p><p>The company said it had a negative foreign exchange impact of $250 million on its earnings as the U.S. dollar strengthened against major currencies.</p><p>&#34;Raw material cost inflation impacted our profitability along with ramp inefficiencies&#34; from its new factories in Berlin and Texas, and the production of its new 4680 batteries, according to Tesla&#39;s statement. Musk added that production of the 4680 battery was gaining rapid traction, although executive Andrew Baglino said, &#34;There are challenges still ahead that we have not yet surpassed. No doubt.&#34;</p><p>Musk also said the company has the ability to do a stock buyback in the range of $5 billion to $10 billion, pending board review and approval.</p><h3>PATH TO PASS APPLE MARKET SHARE</h3><p>Early this month, Tesla said it delivered 35% more vehicles in the July-September period than in the previous quarter, but the record number was shy of vehicle production and analysts&#39; estimates.</p><p>The electric vehicle pioneer has seen its shares tumble about 50% from record highs last November as investors were spooked by a cooling global economy and Musk&#39;s bid to buy social media company <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>.</p><p>Musk told the conference call he saw a path for Tesla to be worth more than two mammoth companies, Apple Inc (AAPL.O) and Saudi Aramco (2222.SE), combined. Tesla&#39;s market cap is now under $700 billion, while Apple is worth $2.3 trillion and oil producer Saudi Aramco is worth $2.1 trillion.</p><p>Analysts had expected Musk to voice optimism about Tesla in the conference call. Musk has been trying to raise cash to fund his $44 billion deal to take Twitter Inc private. Some experts say Musk may need to sell about $3 billion more in stock after the earnings announcement to help fund the deal.</p><p>Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc (TWTR.N), although he and other investors were overpaying for the social media company.</p><p>Musk also said Tesla&#39;s Cybertruck pick-up truck was on track to enter production in the middle of next year and its heavy duty semi truck, which will begin deliveries later this year, could see 50,000 units in North America in 2024.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2276745435","content_text":"(Reuters) -Tesla Inc  Chief Executive Elon Musk on Wednesday said he expected the company would miss its vehicle delivery targets this year, but downplayed concerns about softening demand after the company's revenue missed Wall Street estimates.The billionaire told analysts on a conference call there was excellent demand for the fourth quarter, addressing investor concern that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.But he said some logistics challenges would persist, with fourth-quarter deliveries tracking under 50% growth while production hit 50% growth.\"I wouldn't say we're recession proof, but it's certainly recession resilient,\" he said.Shares fell 6.28% in after-market trading.Tesla is expanding fast despite global economic jitters, and investors are closely watching for signs that the cooling economy would hurt demand.The company's third-quarter automotive gross margin was 27.9%, missing analysts' estimates and down from 30.5% a year earlier.Tesla's revenue for the third quarter was $21.45 billion, a record but short of analysts' estimates of $21.96 billion, according to IBES data from Refinitiv.The company said it had a negative foreign exchange impact of $250 million on its earnings as the U.S. dollar strengthened against major currencies.\"Raw material cost inflation impacted our profitability along with ramp inefficiencies\" from its new factories in Berlin and Texas, and the production of its new 4680 batteries, according to Tesla's statement. Musk added that production of the 4680 battery was gaining rapid traction, although executive Andrew Baglino said, \"There are challenges still ahead that we have not yet surpassed. No doubt.\"Musk also said the company has the ability to do a stock buyback in the range of $5 billion to $10 billion, pending board review and approval.PATH TO PASS APPLE MARKET SHAREEarly this month, Tesla said it delivered 35% more vehicles in the July-September period than in the previous quarter, but the record number was shy of vehicle production and analysts' estimates.The electric vehicle pioneer has seen its shares tumble about 50% from record highs last November as investors were spooked by a cooling global economy and Musk's bid to buy social media company Twitter.Musk told the conference call he saw a path for Tesla to be worth more than two mammoth companies, Apple Inc (AAPL.O) and Saudi Aramco (2222.SE), combined. Tesla's market cap is now under $700 billion, while Apple is worth $2.3 trillion and oil producer Saudi Aramco is worth $2.1 trillion.Analysts had expected Musk to voice optimism about Tesla in the conference call. Musk has been trying to raise cash to fund his $44 billion deal to take Twitter Inc private. Some experts say Musk may need to sell about $3 billion more in stock after the earnings announcement to help fund the deal.Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc (TWTR.N), although he and other investors were overpaying for the social media company.Musk also said Tesla's Cybertruck pick-up truck was on track to enter production in the middle of next year and its heavy duty semi truck, which will begin deliveries later this year, could see 50,000 units in North America in 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153613890,"gmtCreate":1625020990010,"gmtModify":1703850306944,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/153613890","repostId":"1122418477","repostType":4,"repost":{"id":"1122418477","kind":"news","pubTimestamp":1625008161,"share":"https://ttm.financial/m/news/1122418477?lang=&edition=fundamental","pubTime":"2021-06-30 07:09","market":"us","language":"en","title":"Tech stocks propel S&P 500, Nasdaq to fresh highs","url":"https://stock-news.laohu8.com/highlight/detail?id=1122418477","media":"CNBC","summary":"The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.The broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added ab","content":"<div>\n<p>The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech stocks propel S&P 500, Nasdaq to fresh highs</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\">\nTech stocks propel S&P 500, Nasdaq to fresh highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","SWKS":"思佳讯",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/06/28/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1122418477","content_text":"The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.\nThe broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added about 0.2% for its own record of 14,528.33.\nHomebuilder stocks moved higher after S&P Case-Shiller saidhome prices rose more than 14% in Aprilcompared to the prior year. Five U.S. cities, including Seattle, saw their largest annual increase on record. Shares of PulteGroup rose 2%.\nSemiconductor stocks gained strength later in the session, with Skyworks and Advanced Micro Devices climbing 4.5% and 2.8%, respectively. General Electric boosted the industrials sector, rising over 1% afterGoldman Sachs named the stock a top idea.\nThe market has churned out a series of record highs in recent weeks, but the gains have been relatively modest and some strategists have pointed to weak market breadth, measured by the performance of the average stock and the number of individual names making new highs, as a potential area of concern.\nOn Tuesday, there were slightly more declining stocks in the S&P 500 than those that rose during the session.\nHowever, the diminished breadth and volatility could simply be a natural pause during the summer months ahead of the busy earnings season in July, said Bill McMahon, the chief investment officer for active equity strategies at Charles Schwab Investment Management.\n\"I think people are in a little bit of a wait-and-see mode, so it's not surprising to see volatility decline and breadth worsen a tad,\" McMahon said, adding that concern about the spreading Delta variant of Covid-19 could also be weighing on stocks.\nShares of Morgan Stanley jumped more than 3% after the bank said it willdouble its quarterly dividend. The bank also announced a $12 billion stock buyback program. The announcement follows last week's stress tests by the Federal Reserve, which all 23 major banks passed. However, some other bank stocks gave up early gains and weighed on the broader indexes despite increasing their own payout plans.\nThe Conference Board's consumer confidence reading for June came in higher than expected, adding to the bullish readings about the economic recovery.\nWith the market entering the final trading days of June and the second quarter, the S&P 500 is on track to register its fifth straight month of gains. The Nasdaq is pacing for its seventh positive month in the last eight. The Dow, however, is in the red for the month, and on track to snap a four-month winning streak.\nSo far in 2021, the S&P 500 has added 14%, while the Nasdaq has added more than 12% with the Dow close behind.\nJPMorgan quantitative strategist Dubravkos Lakos-Bujas said on CNBC's \"Squawk Box\" that the market appeared to have near-term upside.\n\"The growth policy backdrop in our opinion still remains supportive for risk assets in general, certainly including equities. At the same time, the positioning is not really stretched to where we are in a problematic territory. So we do think there is still a runway. ... The summer period, the next two months, is where I think the market continues to break out,\" the strategist said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964842452,"gmtCreate":1670123797876,"gmtModify":1676538306855,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9964842452","repostId":"2288925832","repostType":4,"repost":{"id":"2288925832","kind":"highlight","pubTimestamp":1670121245,"share":"https://ttm.financial/m/news/2288925832?lang=&edition=fundamental","pubTime":"2022-12-04 10:34","market":"us","language":"en","title":"NIO And XPeng: Don't Choose The One Getting Squeezed Out","url":"https://stock-news.laohu8.com/highlight/detail?id=2288925832","media":"seekingalpha","summary":"ThesisLeading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish inves","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/0148afb1415d9966a462d316514fd0e2\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><h2>Thesis</h2><p>Leading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish investors/weak holders to flee at its October lows. In contrast, NIO posted a 1M total return of 24.5%, as buying sentiments returned strongly to China&#39;s embattled pure-play BEV makers.</p><p>Notwithstanding, Chinese EV bears will point out that both stocks remain well below their starting point in 2022. Accordingly, XPEV&#39;s YTD total return of -80% suggests buyers have been decimated, while NIO posted a better YTD performance of -62%.</p><p>Hence, we believe it&#39;s opportune to update investors on whether the buying opportunity on the recent rally still has legs, as China seems to be progressively easing its COVID restrictions.</p><p>Our assessment indicates that one company has executed much better as China&#39;s economy worsened in 2022. China&#39;s stringent COVID restrictions and harsh property cooling measures have weakened its GDP growth significantly. Accordingly, China&#39;s manufacturing PMI also came below consensus estimates, behooving China to accelerate its reopening moves.</p><p>Coupled with heightened competition, higher input costs, supply chain disruptions, and a weaker economy, NIO has proved its mettle against XPeng. However, both companies remain unprofitable. With a narrowed route toward external financing, given the current market conditions, we believe investors will likely focus on the company that has executed better, with clearer visibility toward reaching profitability.</p><p>We believe the competitive landscape would likely intensify further. Legacy OEMs such as General Motors (GM), Ford (F), and Volkswagen (OTCPK:VWAGY) have telegraphed ambitious plans to assume EV leadership by 2025/26. In addition, China&#39;s NEV leader BYD Company (OTCPK:BYDDY) has continued to penetrate the EV market further, consolidating its position as the global NEV leader (including hybrids) in Q3&#39;22, ahead of Tesla (TSLA).</p><p>Therefore, we urge investors to consider the business models and execution prowess of NIO and XPeng carefully as they take on profitable leading auto behemoths as they chart their path to profitability.</p><p>We discuss why we continue to put our bet in NIO as a potential multi-bagger speculative opportunity ahead of XPEV.</p><p>Maintain Speculative Buy on NIO and Hold on XPEV.</p><h2>Competition In China Has Intensified</h2><p>China&#39;s economic malaise has battered its consumer discretionary spending, including automobiles. Yet, China&#39;s leading NEV makers have made robust progress in 2022.</p><p>For instance, BYD delivered more than 230K of NEV in November, notching another monthly record, up nearly 153% YoY. Notably, BYD has continued to post consistent MoM gains since April 2022, corroborating the resilience of its highly vertically-integrated operating model.</p><p>Moreover, Volkswagen has continued to invest heavily in its prized Chinese market. General Motors have also stepped up on its endeavor, looking to introduce 15 EV models for the Chinese market by 2025.</p><p>Hence, we postulate that the competitive landscape in China could indicate that some unprofitable/less profitable upstarts could be squeezed out of the leading pack subsequently. With NIO and XPeng continuing to struggle for profitability, it&#39;s vital to assess which company could emerge as the stronger competitor to take on these behemoths.</p><p>Furthermore, China&#39;s NEV subsidies are due to be eliminated by 2023, even though Chinese media reported that there could be some revisions. Notwithstanding, it could neutralize/lessen a constructive tailwind that has driven sales over the past few years.</p><p>Therefore the market outlook remains uncertain while competition has intensified. As such, nothing short of excellent execution is required to navigate these challenges. And it&#39;s one that XPeng has fallen short in 2022.</p><h2>XPeng Restructures</h2><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61e462b6ef38ba6c0893c716ae23dcdc\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>XPeng Vehicle margins % (Company filings)</span></p><p>Given XPeng&#39;s low vehicle margins operating model, it&#39;s imperative for the company to continue posting robust production and deliveries growth to benefit significantly from fixed costs leverage.</p><p>However, XPeng&#39;s massive Q3 deliveries disappointment highlighted the execution weakness in a challenging macro and supply chain environment, in which leaders BYD and NIO performed admirably.</p><p>With a vehicle margin of just 11.6% in Q3 (up from Q2&#39;s 9.1%), XPeng&#39;s profitability has improved QoQ.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e172d47aa15683ff6c89cf5c9e8dbd2\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>XPeng Deliveries (Company filings)</span></p><p>However, the company posted deliveries growth of just 15% in FQ3; a massive downshift from FQ2&#39;s 98%. As such, we believe it triggered a rethinking of its strategies, leading the company to announce an organizational restructuring, as CEO He Xiaoping emphasized:</p><blockquote>Frankly, we&#39;re going through a very challenging period in pursuing our long-term goals. In response, we recently conducted an in-depth strategic review and implemented organizational restructure. As market competition intensifies, we&#39;ll sharpen our marketing to highlight the great value in our industry-leading smart and electrification technologies and further enhance our branding, sales, and service capabilities. (XPeng FQ3&#39;22 earnings call)</blockquote><p>Hence, we believe there&#39;s little doubt that the increasingly competitive landscape hammered XPeng&#39;s execution. Therefore, moving forward, we think it&#39;s better to watch the action from the sidelines unless you have a very high conviction in XPeng&#39;s management.</p><p>XPeng announced October and November deliveries of 5.1K and 5.81K, respectively. As such, the company needs to deliver about 9.59K of NEV (midpoint) in Q4, predicated on the ramp of its G9. XPeng emphasized: &#34;The Company expects that deliveries will significantly increase in December 2022 as G9&#39;s production ramp-up accelerates under normalized operating conditions.&#34;</p><p>We believe that XPEV&#39;s battering toward its October lows has likely reflected significant pessimism. But, we don&#39;t think the recent rally is sustainable, as its price action suggests a massive covering rally.</p><p>As such, we urge investors thinking of cutting exposure to leverage on the recent recovery to take some risks off the table and rotate.</p><h2>Rotate To NIO<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b388563a2b413a07256e586ffbaa59a0\" tg-width=\"640\" tg-height=\"395\" width=\"100%\" height=\"auto\"/><span>NIO Deliveries (Company filings)</span></p></h2><p>NIO posted 14.18K in NEV deliveries for November, up nearly 41% MoM. As such, NIO demonstrated that its premium EV strategy is working well, despite China&#39;s economic malaise.</p><p>While China&#39;s COVID restrictions have impacted its production cadence, we believe it could be less material moving forward as China progressively eases.</p><p>Hence, NIO should be able to focus primarily on its execution as it looks to deliver its Q4 guidance of 45.5K NEVs (midpoint). The company appears confident in its recent deliveries outlook as NIO emphasized: &#34;NIO will further accelerate the production and delivery in December 2022.&#34;</p><p>NIO CEO William Li also telegraphed recently why it&#39;s critical for NIO to remain deeply entrenched as one of China&#39;s leading NEV leaders, given intensifying competition. Li accentuated:</p><blockquote>If a company is squeezed into the second tier in the final round [of competition in 2024/25], it is basically impossible for it to catch up to the first tier if it wants to. You can only be a second-tier languishing, barely alive person. - CnEVPost</blockquote><p>Therefore, we believe it&#39;s no surprise that the timeline aligns well with the milestones indicated by the legacy OEMs makers as they transform into EV companies.</p><p>Don&#39;t assume these OEM makers are &#34;dead&#34; yet, as they invest profits from their ICE segments to take on unprofitable EV makers. The battle is far from over, and we believe only the fittest EV makers could survive the increasingly competitive landscape.</p><h2>Is NIO Or XPEV Stock A Buy, Sell, Or Hold?</h2><p><i>Maintain Speculative Buy on NIO and Hold on XPEV.</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fbee3aba450db5a7c84dee25b0094d59\" tg-width=\"640\" tg-height=\"340\" width=\"100%\" height=\"auto\"/><span>XPEV price chart (weekly) (TradingView)</span></p><p>The market had gotten XPEV spot on, knowing that it could face significant competitive pressures that could impact its operating model considerably.</p><p>As such, the market&#39;s battering from its June highs has likely reflected its positioning. Hence, the recent sharp rally from its October lows resembled a covering move from bearish investors taking profit and cutting exposure.</p><p>As such, we urge investors not to join this rally but consider taking the opportunity to take some risks off the table.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/315a624b01e18068ea47037b78f4f8b6\" tg-width=\"640\" tg-height=\"340\" width=\"100%\" height=\"auto\"/><span>NIO price chart (weekly) (TradingView)</span></p><p>NIO&#39;s price action looks much more robust than XPEV, with no clear signs of a massive covering rally. Therefore, buyers are likely accumulating, trapping bearish investors at its long-term support and holding that defense line constructively.</p><p>Hence, we believe the opportunity for a mean-reversion rally for NIO is still attractive at these levels. XPEV investors who decide to cut exposure can consider rotating some exposure to NIO to take them toward the next stage of the competition in China&#39;s increasingly competitive EV market.</p></body></html>","source":"seekingalpha","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>NIO And XPeng: Don't Choose The One Getting Squeezed Out</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\">\nNIO And XPeng: Don't Choose The One Getting Squeezed Out\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562162-nio-vs-xpeng-dont-choose-one-getting-squeezed-out><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ThesisLeading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562162-nio-vs-xpeng-dont-choose-one-getting-squeezed-out\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4526":"热门中概股","BK4574":"无人驾驶","NIO.SI":"蔚来","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4504":"桥水持仓","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK4532":"文艺复兴科技持仓","09866":"蔚来-SW","NIO":"蔚来","BK4531":"中概回港概念","BK4534":"瑞士信贷持仓","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4555":"新能源车","BK4509":"腾讯概念"},"source_url":"https://seekingalpha.com/article/4562162-nio-vs-xpeng-dont-choose-one-getting-squeezed-out","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2288925832","content_text":"ThesisLeading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish investors/weak holders to flee at its October lows. In contrast, NIO posted a 1M total return of 24.5%, as buying sentiments returned strongly to China's embattled pure-play BEV makers.Notwithstanding, Chinese EV bears will point out that both stocks remain well below their starting point in 2022. Accordingly, XPEV's YTD total return of -80% suggests buyers have been decimated, while NIO posted a better YTD performance of -62%.Hence, we believe it's opportune to update investors on whether the buying opportunity on the recent rally still has legs, as China seems to be progressively easing its COVID restrictions.Our assessment indicates that one company has executed much better as China's economy worsened in 2022. China's stringent COVID restrictions and harsh property cooling measures have weakened its GDP growth significantly. Accordingly, China's manufacturing PMI also came below consensus estimates, behooving China to accelerate its reopening moves.Coupled with heightened competition, higher input costs, supply chain disruptions, and a weaker economy, NIO has proved its mettle against XPeng. However, both companies remain unprofitable. With a narrowed route toward external financing, given the current market conditions, we believe investors will likely focus on the company that has executed better, with clearer visibility toward reaching profitability.We believe the competitive landscape would likely intensify further. Legacy OEMs such as General Motors (GM), Ford (F), and Volkswagen (OTCPK:VWAGY) have telegraphed ambitious plans to assume EV leadership by 2025/26. In addition, China's NEV leader BYD Company (OTCPK:BYDDY) has continued to penetrate the EV market further, consolidating its position as the global NEV leader (including hybrids) in Q3'22, ahead of Tesla (TSLA).Therefore, we urge investors to consider the business models and execution prowess of NIO and XPeng carefully as they take on profitable leading auto behemoths as they chart their path to profitability.We discuss why we continue to put our bet in NIO as a potential multi-bagger speculative opportunity ahead of XPEV.Maintain Speculative Buy on NIO and Hold on XPEV.Competition In China Has IntensifiedChina's economic malaise has battered its consumer discretionary spending, including automobiles. Yet, China's leading NEV makers have made robust progress in 2022.For instance, BYD delivered more than 230K of NEV in November, notching another monthly record, up nearly 153% YoY. Notably, BYD has continued to post consistent MoM gains since April 2022, corroborating the resilience of its highly vertically-integrated operating model.Moreover, Volkswagen has continued to invest heavily in its prized Chinese market. General Motors have also stepped up on its endeavor, looking to introduce 15 EV models for the Chinese market by 2025.Hence, we postulate that the competitive landscape in China could indicate that some unprofitable/less profitable upstarts could be squeezed out of the leading pack subsequently. With NIO and XPeng continuing to struggle for profitability, it's vital to assess which company could emerge as the stronger competitor to take on these behemoths.Furthermore, China's NEV subsidies are due to be eliminated by 2023, even though Chinese media reported that there could be some revisions. Notwithstanding, it could neutralize/lessen a constructive tailwind that has driven sales over the past few years.Therefore the market outlook remains uncertain while competition has intensified. As such, nothing short of excellent execution is required to navigate these challenges. And it's one that XPeng has fallen short in 2022.XPeng RestructuresXPeng Vehicle margins % (Company filings)Given XPeng's low vehicle margins operating model, it's imperative for the company to continue posting robust production and deliveries growth to benefit significantly from fixed costs leverage.However, XPeng's massive Q3 deliveries disappointment highlighted the execution weakness in a challenging macro and supply chain environment, in which leaders BYD and NIO performed admirably.With a vehicle margin of just 11.6% in Q3 (up from Q2's 9.1%), XPeng's profitability has improved QoQ.XPeng Deliveries (Company filings)However, the company posted deliveries growth of just 15% in FQ3; a massive downshift from FQ2's 98%. As such, we believe it triggered a rethinking of its strategies, leading the company to announce an organizational restructuring, as CEO He Xiaoping emphasized:Frankly, we're going through a very challenging period in pursuing our long-term goals. In response, we recently conducted an in-depth strategic review and implemented organizational restructure. As market competition intensifies, we'll sharpen our marketing to highlight the great value in our industry-leading smart and electrification technologies and further enhance our branding, sales, and service capabilities. (XPeng FQ3'22 earnings call)Hence, we believe there's little doubt that the increasingly competitive landscape hammered XPeng's execution. Therefore, moving forward, we think it's better to watch the action from the sidelines unless you have a very high conviction in XPeng's management.XPeng announced October and November deliveries of 5.1K and 5.81K, respectively. As such, the company needs to deliver about 9.59K of NEV (midpoint) in Q4, predicated on the ramp of its G9. XPeng emphasized: \"The Company expects that deliveries will significantly increase in December 2022 as G9's production ramp-up accelerates under normalized operating conditions.\"We believe that XPEV's battering toward its October lows has likely reflected significant pessimism. But, we don't think the recent rally is sustainable, as its price action suggests a massive covering rally.As such, we urge investors thinking of cutting exposure to leverage on the recent recovery to take some risks off the table and rotate.Rotate To NIONIO Deliveries (Company filings)NIO posted 14.18K in NEV deliveries for November, up nearly 41% MoM. As such, NIO demonstrated that its premium EV strategy is working well, despite China's economic malaise.While China's COVID restrictions have impacted its production cadence, we believe it could be less material moving forward as China progressively eases.Hence, NIO should be able to focus primarily on its execution as it looks to deliver its Q4 guidance of 45.5K NEVs (midpoint). The company appears confident in its recent deliveries outlook as NIO emphasized: \"NIO will further accelerate the production and delivery in December 2022.\"NIO CEO William Li also telegraphed recently why it's critical for NIO to remain deeply entrenched as one of China's leading NEV leaders, given intensifying competition. Li accentuated:If a company is squeezed into the second tier in the final round [of competition in 2024/25], it is basically impossible for it to catch up to the first tier if it wants to. You can only be a second-tier languishing, barely alive person. - CnEVPostTherefore, we believe it's no surprise that the timeline aligns well with the milestones indicated by the legacy OEMs makers as they transform into EV companies.Don't assume these OEM makers are \"dead\" yet, as they invest profits from their ICE segments to take on unprofitable EV makers. The battle is far from over, and we believe only the fittest EV makers could survive the increasingly competitive landscape.Is NIO Or XPEV Stock A Buy, Sell, Or Hold?Maintain Speculative Buy on NIO and Hold on XPEV.XPEV price chart (weekly) (TradingView)The market had gotten XPEV spot on, knowing that it could face significant competitive pressures that could impact its operating model considerably.As such, the market's battering from its June highs has likely reflected its positioning. Hence, the recent sharp rally from its October lows resembled a covering move from bearish investors taking profit and cutting exposure.As such, we urge investors not to join this rally but consider taking the opportunity to take some risks off the table.NIO price chart (weekly) (TradingView)NIO's price action looks much more robust than XPEV, with no clear signs of a massive covering rally. Therefore, buyers are likely accumulating, trapping bearish investors at its long-term support and holding that defense line constructively.Hence, we believe the opportunity for a mean-reversion rally for NIO is still attractive at these levels. XPEV investors who decide to cut exposure can consider rotating some exposure to NIO to take them toward the next stage of the competition in China's increasingly competitive EV market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175914656,"gmtCreate":1627002381775,"gmtModify":1703482167796,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/175914656","repostId":"1164478982","repostType":4,"repost":{"id":"1164478982","kind":"news","pubTimestamp":1626995319,"share":"https://ttm.financial/m/news/1164478982?lang=&edition=fundamental","pubTime":"2021-07-23 07:08","market":"us","language":"en","title":"Wall Street ekes out gains, led by tech, growth stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1164478982","media":"Reuters","summary":"NEW YORK  - Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks.A pull-back in economically sensitive cyclicals kept the S&P 500’s and the blue-chip Dow’s gains muted, while small-caps underperformed their larger rivals.“The market is flip-flopping between the view that economic growth has almost peaked so you need to buy stocks that manufacture thei","content":"<p>NEW YORK (Reuters) - Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks.</p>\n<p>A pull-back in economically sensitive cyclicals kept the S&amp;P 500’s and the blue-chip Dow’s gains muted, while small-caps underperformed their larger rivals.</p>\n<p>But megacap tech and tech-adjacent stocks, such as Microsoft Corp, Amazon.com, Apple Inc, <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc and Alphabet Inc, rose ahead of their quarterly results next week, putting the Nasdaq out front.</p>\n<p>All three major U.S. stock indexes ended the session within 1% of their record closing highs.</p>\n<p>Growth stocks, which outperformed throughout the health crisis, were back in favor, gaining 0.8%, while the value index slipped by 0.5%.</p>\n<p>“The market is flip-flopping between the view that economic growth has almost peaked so you need to buy stocks that manufacture their own growth like tech names, versus the view that economic growth will continue and you want to own cyclicals and value names,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York.</p>\n<p>The number of U.S. workers filing first-time applications for unemployment benefits spiked unexpectedly to 419,000 last week, a two-month high, according to the Labor Department.</p>\n<p>Market participants are closely watching labor market indicators for hints as to when the Federal Reserve, expected to convene next week for its two-day monetary policy meeting, will begin discussions about hiking key interest rates from near zero.</p>\n<p>“The jobless data today didn’t have a meaningful impact on markets or the economic outlook,” Carter added. “It’s now all about how much longer the Fed will tolerate low rates. The Fed seems to be favoring its full employment mandate more than its price stability mandate.”</p>\n<p>“Accordingly, the upcoming Fed meeting could be impactful,” Carter said.</p>\n<p>Benchmark Treasury yields eased after the bid at the largest-ever TIPS auction touched a record low, pressuring rate sensitive banks.</p>\n<p>The Dow Jones Industrial Average rose 25.35 points, or 0.07%, to 34,823.35, the S&amp;P 500 gained 8.79 points, or 0.20%, to 4,367.48 and the Nasdaq Composite added 52.64 points, or 0.36%, to 14,684.60.</p>\n<p>Of the 11 major sectors of the S&amp;P 500, tech was shining brightest, gaining 0.7%. Energy stocks suffered the largest percentage drop.</p>\n<p>The second-quarter reporting season barreled ahead at full-throttle, with 104 of the companies in the S&amp;P 500 having reported. Of those, 88% have beaten consensus estimates, according to Refinitiv.</p>\n<p>Drugmaker Biogen Inc gained 1.1% after hiking its full-year revenue guidance, while Domino’s Pizza Inc surged 14.6% to an all-time high on the heels of its quarterly report.</p>\n<p>Southwest Airlines Co posted a bigger-than-expected quarterly loss, sending its stock down 3.5%, and American Airlines Group Inc dipped 1.1% even after reporting a quarterly profit.</p>\n<p>The S&amp;P 1500 Airlines index ended the session off 1.7%.</p>\n<p>Shares of Texas Instruments Inc slid 5.3% after its current-quarter revenue forecast cast concerns as to whether the company will be able to meet spiking demand in the face of a global semiconductor shortage.</p>\n<p>The Philadelphia SE Semiconductor index ended the session down 0.9%.</p>\n<p>Chipmaker Intel Corp slipped more than 1% in extended trading after the chipmaker posted results and raised its annual revenue forecast.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.82-to-1 ratio; on Nasdaq, a 1.90-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 54 new lows.</p>\n<p>Volume on U.S. exchanges was 8.25 billion shares, compared with the 10.12 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ekes out gains, led by tech, growth 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\">\nWall Street ekes out gains, led by tech, growth stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-23 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-wall-street-ekes-out-gains-led-by-tech-growth-stocks-idUSL1N2OY2HH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-wall-street-ekes-out-gains-led-by-tech-growth-stocks-idUSL1N2OY2HH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-wall-street-ekes-out-gains-led-by-tech-growth-stocks-idUSL1N2OY2HH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164478982","content_text":"NEW YORK (Reuters) - Big tech helped Wall Street inch up to a higher close on Thursday, modestly building on a two-day rally as lackluster economic data and mixed corporate earnings prompted a pivot back to growth stocks.\nA pull-back in economically sensitive cyclicals kept the S&P 500’s and the blue-chip Dow’s gains muted, while small-caps underperformed their larger rivals.\nBut megacap tech and tech-adjacent stocks, such as Microsoft Corp, Amazon.com, Apple Inc, Facebook Inc and Alphabet Inc, rose ahead of their quarterly results next week, putting the Nasdaq out front.\nAll three major U.S. stock indexes ended the session within 1% of their record closing highs.\nGrowth stocks, which outperformed throughout the health crisis, were back in favor, gaining 0.8%, while the value index slipped by 0.5%.\n“The market is flip-flopping between the view that economic growth has almost peaked so you need to buy stocks that manufacture their own growth like tech names, versus the view that economic growth will continue and you want to own cyclicals and value names,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York.\nThe number of U.S. workers filing first-time applications for unemployment benefits spiked unexpectedly to 419,000 last week, a two-month high, according to the Labor Department.\nMarket participants are closely watching labor market indicators for hints as to when the Federal Reserve, expected to convene next week for its two-day monetary policy meeting, will begin discussions about hiking key interest rates from near zero.\n“The jobless data today didn’t have a meaningful impact on markets or the economic outlook,” Carter added. “It’s now all about how much longer the Fed will tolerate low rates. The Fed seems to be favoring its full employment mandate more than its price stability mandate.”\n“Accordingly, the upcoming Fed meeting could be impactful,” Carter said.\nBenchmark Treasury yields eased after the bid at the largest-ever TIPS auction touched a record low, pressuring rate sensitive banks.\nThe Dow Jones Industrial Average rose 25.35 points, or 0.07%, to 34,823.35, the S&P 500 gained 8.79 points, or 0.20%, to 4,367.48 and the Nasdaq Composite added 52.64 points, or 0.36%, to 14,684.60.\nOf the 11 major sectors of the S&P 500, tech was shining brightest, gaining 0.7%. Energy stocks suffered the largest percentage drop.\nThe second-quarter reporting season barreled ahead at full-throttle, with 104 of the companies in the S&P 500 having reported. Of those, 88% have beaten consensus estimates, according to Refinitiv.\nDrugmaker Biogen Inc gained 1.1% after hiking its full-year revenue guidance, while Domino’s Pizza Inc surged 14.6% to an all-time high on the heels of its quarterly report.\nSouthwest Airlines Co posted a bigger-than-expected quarterly loss, sending its stock down 3.5%, and American Airlines Group Inc dipped 1.1% even after reporting a quarterly profit.\nThe S&P 1500 Airlines index ended the session off 1.7%.\nShares of Texas Instruments Inc slid 5.3% after its current-quarter revenue forecast cast concerns as to whether the company will be able to meet spiking demand in the face of a global semiconductor shortage.\nThe Philadelphia SE Semiconductor index ended the session down 0.9%.\nChipmaker Intel Corp slipped more than 1% in extended trading after the chipmaker posted results and raised its annual revenue forecast.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.82-to-1 ratio; on Nasdaq, a 1.90-to-1 ratio favored decliners.\nThe S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 70 new highs and 54 new lows.\nVolume on U.S. exchanges was 8.25 billion shares, compared with the 10.12 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949458172,"gmtCreate":1678846253297,"gmtModify":1678846256702,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949458172","repostId":"2319886626","repostType":4,"repost":{"id":"2319886626","kind":"highlight","pubTimestamp":1678842120,"share":"https://ttm.financial/m/news/2319886626?lang=&edition=fundamental","pubTime":"2023-03-15 09:02","market":"us","language":"en","title":"Fed Rate Pause Is a Tough Call After Inflation Reaccelerates","url":"https://stock-news.laohu8.com/highlight/detail?id=2319886626","media":"Bloomberg","summary":"CPI suggests that the Fed doesn’t have luxury to delay hikeIt’s still a close call amid financial tu","content":"<html><head></head><body><ul><li>CPI suggests that the Fed doesn’t have luxury to delay hike</li><li>It’s still a close call amid financial turmoil after SVB</li></ul><p>(Bloomberg) -- An acceleration in monthly core consumer prices seems likely to reinforce the Federal Reserve’ determination to raise interest rates to fight inflation, though the decision on next week’s move will be a tough call amid ongoing concern about financial turmoil.</p><p>February’s consumer price index, excluding food and energy, increased 0.5% last month and 5.5% from a year earlier, according to Bureau of Labor Statistics data out Tuesday. Economists see the gauge as a better guide to underlying inflation than the headline measure. CPI overall climbed 0.4% in February and 6% from a year earlier.</p><p>The challenge for the Fed now is how to prioritize inflation that is still far too high with growing financial stability risks in the unraveling of Silicon Valley Bank. Authorities stepped in over the weekend to provide a new backstop for banks to protect uninsured depositors.</p><p>“This CPI print underscores how they don’t have the luxury to sit around and wait,” said Derek Tang, an economist at LH Meyer/Monetary Policy Analytics in Washington. “The weekend intervention was also meant to contain the financial crisis to create room for continued monetary tightening. That way, they don’t want to pick between financial and price stability.”</p><p><img src=\"https://static.tigerbbs.com/bcf916ab1cd13e02027939d12885e664\" tg-width=\"729\" tg-height=\"429\" width=\"100%\" height=\"auto\"/></p><p>While tentative signs of stability appeared to be returning to banking stocks that have been hammered in the aftermath of the collapse of SVB, Chair Jerome Powell and his colleagues may worry that it’s too soon to tighten policy again while the fallout from the failure is still difficult to judge.</p><p>Also weighing is the argument that the Fed’s aggressive 450 basis points of tightening over the last year is already straining the financial sector and SVB’s predicament shows the lagged effect of past rate hikes is starting to bite.</p><p>“It is a tough call for the Fed regarding whether they decide to continue tightening with a quarter point hike or stand pat,” said Kathy Bostjancic, chief economist at Nationwide Life Insurance Co. “If signals from the financial markets suggest their emergency actions on Sunday contained the financial stresses, the Fed officials might be persuaded to raise rates 25 basis points.”</p><p>Still, “inflation is not the sole focus of the Fed, as it now needs to take into consideration financial stability and lending conditions,” she said.</p><p>What Bloomberg Economics Says...</p><blockquote>“February’s CPI report shows that inflation is not vanishing quickly, and there remains a compelling need for the Fed to continue raising rates. A 25 basis point move would be appropriate at the March FOMC meeting, followed by a couple more until the Fed reaches a terminal rate of 5.25%. “ — Anna Wong and Stuart Paul, economists</blockquote><p>Investors, who were betting on the possibility of a 50 basis-point hike at the Fed’s March 21-22 meeting prior to the banking crisis, are now pricing in the likelihood of a 25 basis-point hike with a pause an option. Two-year Treasury yields, which largely reflect expected Fed policy over that period, rose more than 30 basis points to as high as 4.37% Tuesday.</p><p>The details of the price report were “not encouraging” for the Fed with core services inflation, excluding housing – a focus of Powell – accelerating, wrote Neil Dutta, head of US economic research at Renaissance Macro Research LLC, in a note to clients.</p><p>“Today’s CPI data are a reminder that the inflation fight is not over,” he wrote. He expects a 25 basis-point hike next week, noting it would be a half point if not for SVB.</p><p>If the Fed is successful in prevent a broader crisis and keeping it narrowly focused, then policy makers will return to hiking, said Ethan Harris, head of global economics research at Bank of America Corp.</p><p>“We are in the middle of a stress event and so it’s very hard to predict where things are going,” he said on Bloomberg TV following the CPI report. “Our view is ultimately the ringfencing works and the Fed goes back to hiking interest rates. Ultimately, the Fed is going to end up having to fight inflation.”</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>Fed Rate Pause Is a Tough Call After Inflation Reaccelerates</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\">\nFed Rate Pause Is a Tough Call After Inflation Reaccelerates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 09:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-14/fed-rate-pause-is-a-tough-call-after-inflation-reaccelerates?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CPI suggests that the Fed doesn’t have luxury to delay hikeIt’s still a close call amid financial turmoil after SVB(Bloomberg) -- An acceleration in monthly core consumer prices seems likely to ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-14/fed-rate-pause-is-a-tough-call-after-inflation-reaccelerates?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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-14/fed-rate-pause-is-a-tough-call-after-inflation-reaccelerates?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319886626","content_text":"CPI suggests that the Fed doesn’t have luxury to delay hikeIt’s still a close call amid financial turmoil after SVB(Bloomberg) -- An acceleration in monthly core consumer prices seems likely to reinforce the Federal Reserve’ determination to raise interest rates to fight inflation, though the decision on next week’s move will be a tough call amid ongoing concern about financial turmoil.February’s consumer price index, excluding food and energy, increased 0.5% last month and 5.5% from a year earlier, according to Bureau of Labor Statistics data out Tuesday. Economists see the gauge as a better guide to underlying inflation than the headline measure. CPI overall climbed 0.4% in February and 6% from a year earlier.The challenge for the Fed now is how to prioritize inflation that is still far too high with growing financial stability risks in the unraveling of Silicon Valley Bank. Authorities stepped in over the weekend to provide a new backstop for banks to protect uninsured depositors.“This CPI print underscores how they don’t have the luxury to sit around and wait,” said Derek Tang, an economist at LH Meyer/Monetary Policy Analytics in Washington. “The weekend intervention was also meant to contain the financial crisis to create room for continued monetary tightening. That way, they don’t want to pick between financial and price stability.”While tentative signs of stability appeared to be returning to banking stocks that have been hammered in the aftermath of the collapse of SVB, Chair Jerome Powell and his colleagues may worry that it’s too soon to tighten policy again while the fallout from the failure is still difficult to judge.Also weighing is the argument that the Fed’s aggressive 450 basis points of tightening over the last year is already straining the financial sector and SVB’s predicament shows the lagged effect of past rate hikes is starting to bite.“It is a tough call for the Fed regarding whether they decide to continue tightening with a quarter point hike or stand pat,” said Kathy Bostjancic, chief economist at Nationwide Life Insurance Co. “If signals from the financial markets suggest their emergency actions on Sunday contained the financial stresses, the Fed officials might be persuaded to raise rates 25 basis points.”Still, “inflation is not the sole focus of the Fed, as it now needs to take into consideration financial stability and lending conditions,” she said.What Bloomberg Economics Says...“February’s CPI report shows that inflation is not vanishing quickly, and there remains a compelling need for the Fed to continue raising rates. A 25 basis point move would be appropriate at the March FOMC meeting, followed by a couple more until the Fed reaches a terminal rate of 5.25%. “ — Anna Wong and Stuart Paul, economistsInvestors, who were betting on the possibility of a 50 basis-point hike at the Fed’s March 21-22 meeting prior to the banking crisis, are now pricing in the likelihood of a 25 basis-point hike with a pause an option. Two-year Treasury yields, which largely reflect expected Fed policy over that period, rose more than 30 basis points to as high as 4.37% Tuesday.The details of the price report were “not encouraging” for the Fed with core services inflation, excluding housing – a focus of Powell – accelerating, wrote Neil Dutta, head of US economic research at Renaissance Macro Research LLC, in a note to clients.“Today’s CPI data are a reminder that the inflation fight is not over,” he wrote. He expects a 25 basis-point hike next week, noting it would be a half point if not for SVB.If the Fed is successful in prevent a broader crisis and keeping it narrowly focused, then policy makers will return to hiking, said Ethan Harris, head of global economics research at Bank of America Corp.“We are in the middle of a stress event and so it’s very hard to predict where things are going,” he said on Bloomberg TV following the CPI report. “Our view is ultimately the ringfencing works and the Fed goes back to hiking interest rates. Ultimately, the Fed is going to end up having to fight inflation.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":815,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9027964228,"gmtCreate":1653960423664,"gmtModify":1676535369751,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027964228","repostId":"1178062316","repostType":4,"repost":{"id":"1178062316","kind":"news","pubTimestamp":1653968999,"share":"https://ttm.financial/m/news/1178062316?lang=&edition=fundamental","pubTime":"2022-05-31 11:49","market":"us","language":"en","title":"Down More Than 40%: Analysts Say These 2 Beaten-Down Stocks Are Oversold","url":"https://stock-news.laohu8.com/highlight/detail?id=1178062316","media":"TipRanks","summary":"After 7 weeks of straight losses, the markets went into the long weekend on positive note: their bes","content":"<div>\n<p>After 7 weeks of straight losses, the markets went into the long weekend on positive note: their best single week since 2020. The S&P 500 added more than 6% wiping away its losses from the month of ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/down-more-than-40-analysts-say-these-2-beaten-down-stocks-are-oversold/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>Down More Than 40%: Analysts Say These 2 Beaten-Down Stocks Are Oversold</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\">\nDown More Than 40%: Analysts Say These 2 Beaten-Down Stocks Are Oversold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-31 11:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/down-more-than-40-analysts-say-these-2-beaten-down-stocks-are-oversold/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After 7 weeks of straight losses, the markets went into the long weekend on positive note: their best single week since 2020. The S&P 500 added more than 6% wiping away its losses from the month of ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/down-more-than-40-analysts-say-these-2-beaten-down-stocks-are-oversold/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MGTX":"Meiragtx Holdings Plc"},"source_url":"https://www.tipranks.com/news/article/down-more-than-40-analysts-say-these-2-beaten-down-stocks-are-oversold/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178062316","content_text":"After 7 weeks of straight losses, the markets went into the long weekend on positive note: their best single week since 2020. The S&P 500 added more than 6% wiping away its losses from the month of May.The sudden drop in value, combined with the even more sudden bullish shift, even if it is temporary, has brought out the discount shoppers of the equity world. ‘Buy the dip’ is a real thing, and frequently successful path toward long-term portfolio gains, and the current environment is ripe for this kind of trading.Weighing in from RBC Capital, head of US equity strategy Lori Calvasina noted: “It is fair at this point to start doing some bargain-hunting. If you can get people more comfortable in the fundamental narrative going forward, I think that stocks are cheap enough to buy.”With this in mind, we scoured the TipRanks database and picked out two names which have been heading south recently, specifically ones which have been flagged by those in the know as oversold. Not to mention substantial upside potential is on the table here. Let’s take a closer look.MeiraGTx Holdings(MGTX)We’ll start with MeiraGTx Holdings, a clinical-stage biopharmaceutical firm focused on the development of novel gene therapies for severe diseases. MeiraGTx’s research program has three broad areas, including neurodegenerative diseases, severe xerostomia, degenerative ocular diseases and/or inherited retinal diseases. Each of these areas can severely impact the patient’s quality of life, and each has high unmet medical needs, offering an opening for a firm that can create successful treatments.MeiraGTx has a varied and active research pipeline, with 8 pre-clinical tracks and 6 at various stages of clinical trials. The leading program, AAV-RPGR, is a new gene therapy designed to treat X-linked retinitis pigmentosa (XLRP), a form of hereditary progressive blindness passed down through maternal lines. AAV-RPGR, also called botaretigene sparoparvovec, is under development in partnership with Janssen, and is currently the subject of the Phase 3 Lumeos clinical trial which is enrolling and dosing patients. MeiraGTx expects to release full data on the previous Phase 1/2 trial later this year.The company’s second leading candidate is AAV-AQP1, a treatment for xerostomia. This is a condition of the salivary glands, with a variety of potential causes, in which the glands fail to produce enough saliva to prevent the mouth from drying out. MeiraGTx completed dosing unilateral and bilateral cohorts in the Phase 1 trial during 1Q22, and will present data on the study during Q4. A Phase 2 placebo-controlled trial in the planning stages, with initiation scheduled by the end of this year.In addition to its strong development programs, MeiraGTx has the advantage of a constant revenue stream, derived from license agreements with partner companies – such as Janssen, mentioned above. In 1Q22, the company reported $5.6 million in such revenue, up 21% year-over-year. MeiraGTx expects to receive another payment of $13.1 million from Janssen during Q2.Nevertheless, MeiraGTx’s share price has fallen 65% so far this year. This doesn’t mean that the stock is unsound, according to RBC analystLuca Issi.“We think the JNJ collaboration across multiple ocular indications (XLRP, achromatopsia, options for others) provides pharma validation and was struck on favorable economics given $100m upfront, up to $340m milestones, and 20% untiered royalties. Importantly, JNJ funds all clinical costs, so MGTX has a shareholder-friendly burn vs. Biotechs of similar size,” Issi noted.“Overall, we continue to like the setup given an undemanding valuation and clinical POC across eye, salivary glands, and CNS… At this valuation, we think the stock is oversold,” the analyst added.Taking all of this into consideration, Issi rates MGTX an Outperform (i.e. Buy), while his $27 price target suggests an impressive 228% one-year upside.Wall Street is in broad agreement with the RBC viewpoint, as shown by the unanimous Strong Buy consensus rating. The shares are priced at $8.23 and their average target of $29 indicates a 252% upside for the next 12 months.iSun, Inc.(ISUN)And now we move on to the energy technology sector, where iSun has been in business for 50 years. The company works in the solar power niche, providing a range of products for solar power projects at all scales: residential, commercial, industrial, and utility. The company also offers operations and management services and software systems for running solar power operations. Overall, iSun has generated more than 348 million kilowatt hours of power through its solar systems.iSun has benefited in recent months from the political will to promote alternative, greener, energy systems, including solar. The company’s revenues in 2021 came to $33.3 million, a gain of 60% over the $20.8 million reported in 2020. In the first quarter of 2022, iSun reported $15.1 million at the top line, a 107% gain over the 1Q21 result, and the gross profit came to $3.2 million, a dramatic year-over-year improvement from the $100K reported in the year-ago quarter. In a key metric that bodes well for the company’s future, iSun reported a work backlog of $128.3 million as of the end of 1Q22. Almost 80% of this backlog comes from the company’s commercial and industrial division.Despite these sound results, iSun’s shares are down 47% in 2022. However, Roth Capital analyst Justin Claresees the current low share price as an opportunity, based on iSun’s potential business going forward.“For 2023, we have maintained our revenue and adjusted EBITDA forecasts, though we see potential for meaningful upside if panel availability is resolved. With the 2022 project delay into 2023, there is potential that ISUN could construct a meaningful portion of two ~110MW projects with revenue potential of ~$1/W, or ~$220mn in revenue. This could result in material upside to our 2023 forecast, though significant uncertainty to panel availability in 2023 remains. Overall, given ISUN’s growing backlog and improved margins, we believe shares are oversold,” Clare opined.Clare’s comments back up his Buy rating, and his $6.50 price target implies a potential for 104% growth in the coming year.Overall, this alternative energy company has picked up reviews from 2 analysts, who both agree that it’s a buying proposition, making the Moderate Buy rating unanimous. ISUN shares are selling for $3.18 and the $8.25 average target suggests a 159% upside from that level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953310737,"gmtCreate":1673152694130,"gmtModify":1676538793092,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953310737","repostId":"2301475181","repostType":4,"repost":{"id":"2301475181","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1673140820,"share":"https://ttm.financial/m/news/2301475181?lang=&edition=fundamental","pubTime":"2023-01-08 09:20","market":"us","language":"en","title":"Earnings Season Will Test the Market’s Great Start","url":"https://stock-news.laohu8.com/highlight/detail?id=2301475181","media":"Dow Jones","summary":"Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor marke","content":"<html><head></head><body><p>Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation, and a deceleration in the pace of wage gains.</p><p>It was the kind of release that makes an oft-wished-for soft landing seem almost possible.</p><p>If job growth can continue without fueling a wage-price spiral, then perhaps it won&#39;t take a recession to break the back of inflation, especially as increases in commodities and goods prices continue to reverse. The Federal Reserve could declare victory in its inflation fight and ease off its monetary policy tightening sooner rather than later in 2023, setting off rallies across asset classes.</p><p>So goes the bullish thinking.</p><p>That narrative was on display this past Friday when stock indexes surged to end a choppy holiday-shortened week higher. The S&amp;P 500 finished the week up 1.45%, the Dow Jones Industrial Average added 1.46%, and the Nasdaq Composite ticked up 0.98%.</p><p>If all that sounds familiar, it should. The Fed has stated that it plans to increase interest rates in early 2023, then hold there for some time. Federal-funds futures pricing, however, implies a peak in rates by the spring, then cuts in the back half of 2023. It&#39;s another sign that investors expect the Fed to change its tune. They hope Friday&#39;s jobs report sent the Fed a message -- its job is almost done.</p><p><img src=\"https://static.tigerbbs.com/d8d660bff719b54ee732ddb0da0da2f9\" tg-width=\"955\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>One data point, however, won&#39;t be enough to change the Fed&#39;s mind. The market will be looking to December&#39;s consumer price index this coming Thursday as its next macro bogey -- one that will provide additional fodder for the Fed&#39;s next policy meeting in February. The rate of inflation is expected to fall to 6.5% year over year from 7.1% in November.</p><p>But it&#39;s not just about the economic data. This coming Friday brings the start of fourth-quarter earnings season, with some major companies -- JPMorgan Chase (ticker: JPM), Bank of America (BAC), UnitedHealth Group (UNH), and Delta Air Lines (DAL) among them -- kicking off the festivities. The vast majority of the S&amp;P 500 will report over the following month and a half.</p><p>Few are expecting a good fourth quarter. In aggregate, S&amp;P 500 companies are expected to report their first losing quarter since 2020. Earnings per share are forecast to decline by 2.2% year over year, to $53.87, after roughly 4.4% growth in the third quarter and 8.4% in the second quarter, per IBES data from Refinitiv. The consensus fourth-quarter outlook became much gloomier as 2022 proceeded -- at the start of last year, analysts had penciled in 14.1% year-over-year earnings growth for the period.</p><p>Analysts&#39; current estimate would bring 2022 S&amp;P 500 EPS to $219.80, which would be up 5.6% for the year. It&#39;s likely to end up a bit better than that, as most companies tend to beat consensus estimates. Revenue, though, is forecast to rise 4.1% year over year in the fourth quarter, to $3.7 trillion, and 11.2% for all of 2022, to $13.8 trillion. The fact that sales are rising but earnings are falling is a sign that corporate profit margins appear to have peaked for this cycle.</p><p>The earnings slump won&#39;t hit all companies equally. The energy and industrial sectors are expected to be outliers, delivering EPS growth of 65% and 43%, respectively, from a year earlier. Those are among the cyclically sensitive companies that suffered the most during the Covid-19 recession and are still enjoying the rebound.</p><p>On the opposite end of the spectrum are materials, where earnings are forecast to drop by 22% as prices of many industrial inputs have returned to earth; communication services, down 21% due to an expected drop in advertising spending and continued streaming losses at many media companies; and consumer discretionary, down 15% on potentially weaker spending in 2023. Tech, which makes up close to a quarter of the S&amp;P 500&#39;s EPS, is expected to show a 9% decline in earnings in the fourth quarter as wage costs balloon at many software companies, enterprise demand slows, and semiconductors remain in a downturn. Expectations are so low that the fourth-quarter results could be strong relative to forecasts.</p><p>But those beats might not matter if companies can&#39;t provide at least a decent outlook for 2023.</p><p>The bottom-up consensus -- gleaned by summing the average earnings estimates from all individual stock and sector analysts for each of the companies in the S&amp;P 500 -- is for EPS to grow by 4.4% to $229.52 in 2023, according to Refinitiv, up from about $220 in 2022. Conversely, the top-down view of Wall Street strategists surveyed by Barron&#39;s in December calls for a 2.7% decline in S&amp;P 500 profits in 2023 to an average of $214 per share.</p><p>The difference is in the profit margins. Strategists see them getting squeezed by rising wages and higher interest costs, even as the prices they charge customers moderate. That&#39;s largely in line with the Fed&#39;s view that some elements of inflation are sticky and will take time -- and economic pain -- to bring down. If that scenario plays out, the shift lower in earnings expectations would make the market appear pricier even as the Fed continues to increase interest rates.</p><p>Needless to say, that&#39;s not a winning combination for stocks -- no matter what the jobs report said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings Season Will Test the Market’s Great Start</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEarnings Season Will Test the Market’s Great Start\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-01-08 09:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation, and a deceleration in the pace of wage gains.</p><p>It was the kind of release that makes an oft-wished-for soft landing seem almost possible.</p><p>If job growth can continue without fueling a wage-price spiral, then perhaps it won&#39;t take a recession to break the back of inflation, especially as increases in commodities and goods prices continue to reverse. The Federal Reserve could declare victory in its inflation fight and ease off its monetary policy tightening sooner rather than later in 2023, setting off rallies across asset classes.</p><p>So goes the bullish thinking.</p><p>That narrative was on display this past Friday when stock indexes surged to end a choppy holiday-shortened week higher. The S&amp;P 500 finished the week up 1.45%, the Dow Jones Industrial Average added 1.46%, and the Nasdaq Composite ticked up 0.98%.</p><p>If all that sounds familiar, it should. The Fed has stated that it plans to increase interest rates in early 2023, then hold there for some time. Federal-funds futures pricing, however, implies a peak in rates by the spring, then cuts in the back half of 2023. It&#39;s another sign that investors expect the Fed to change its tune. They hope Friday&#39;s jobs report sent the Fed a message -- its job is almost done.</p><p><img src=\"https://static.tigerbbs.com/d8d660bff719b54ee732ddb0da0da2f9\" tg-width=\"955\" tg-height=\"636\" referrerpolicy=\"no-referrer\"/></p><p>One data point, however, won&#39;t be enough to change the Fed&#39;s mind. The market will be looking to December&#39;s consumer price index this coming Thursday as its next macro bogey -- one that will provide additional fodder for the Fed&#39;s next policy meeting in February. The rate of inflation is expected to fall to 6.5% year over year from 7.1% in November.</p><p>But it&#39;s not just about the economic data. This coming Friday brings the start of fourth-quarter earnings season, with some major companies -- JPMorgan Chase (ticker: JPM), Bank of America (BAC), UnitedHealth Group (UNH), and Delta Air Lines (DAL) among them -- kicking off the festivities. The vast majority of the S&amp;P 500 will report over the following month and a half.</p><p>Few are expecting a good fourth quarter. In aggregate, S&amp;P 500 companies are expected to report their first losing quarter since 2020. Earnings per share are forecast to decline by 2.2% year over year, to $53.87, after roughly 4.4% growth in the third quarter and 8.4% in the second quarter, per IBES data from Refinitiv. The consensus fourth-quarter outlook became much gloomier as 2022 proceeded -- at the start of last year, analysts had penciled in 14.1% year-over-year earnings growth for the period.</p><p>Analysts&#39; current estimate would bring 2022 S&amp;P 500 EPS to $219.80, which would be up 5.6% for the year. It&#39;s likely to end up a bit better than that, as most companies tend to beat consensus estimates. Revenue, though, is forecast to rise 4.1% year over year in the fourth quarter, to $3.7 trillion, and 11.2% for all of 2022, to $13.8 trillion. The fact that sales are rising but earnings are falling is a sign that corporate profit margins appear to have peaked for this cycle.</p><p>The earnings slump won&#39;t hit all companies equally. The energy and industrial sectors are expected to be outliers, delivering EPS growth of 65% and 43%, respectively, from a year earlier. Those are among the cyclically sensitive companies that suffered the most during the Covid-19 recession and are still enjoying the rebound.</p><p>On the opposite end of the spectrum are materials, where earnings are forecast to drop by 22% as prices of many industrial inputs have returned to earth; communication services, down 21% due to an expected drop in advertising spending and continued streaming losses at many media companies; and consumer discretionary, down 15% on potentially weaker spending in 2023. Tech, which makes up close to a quarter of the S&amp;P 500&#39;s EPS, is expected to show a 9% decline in earnings in the fourth quarter as wage costs balloon at many software companies, enterprise demand slows, and semiconductors remain in a downturn. Expectations are so low that the fourth-quarter results could be strong relative to forecasts.</p><p>But those beats might not matter if companies can&#39;t provide at least a decent outlook for 2023.</p><p>The bottom-up consensus -- gleaned by summing the average earnings estimates from all individual stock and sector analysts for each of the companies in the S&amp;P 500 -- is for EPS to grow by 4.4% to $229.52 in 2023, according to Refinitiv, up from about $220 in 2022. Conversely, the top-down view of Wall Street strategists surveyed by Barron&#39;s in December calls for a 2.7% decline in S&amp;P 500 profits in 2023 to an average of $214 per share.</p><p>The difference is in the profit margins. Strategists see them getting squeezed by rising wages and higher interest costs, even as the prices they charge customers moderate. That&#39;s largely in line with the Fed&#39;s view that some elements of inflation are sticky and will take time -- and economic pain -- to bring down. If that scenario plays out, the shift lower in earnings expectations would make the market appear pricier even as the Fed continues to increase interest rates.</p><p>Needless to say, that&#39;s not a winning combination for stocks -- no matter what the jobs report said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DAL":"达美航空",".DJI":"道琼斯","JPM":"摩根大通",".IXIC":"NASDAQ Composite","BAC":"美国银行","UNH":"联合健康",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301475181","content_text":"Investors got their Goldilocks jobs report on Friday morning, with a growing-but-slowing labor market, a tick-up in participation, and a deceleration in the pace of wage gains.It was the kind of release that makes an oft-wished-for soft landing seem almost possible.If job growth can continue without fueling a wage-price spiral, then perhaps it won't take a recession to break the back of inflation, especially as increases in commodities and goods prices continue to reverse. The Federal Reserve could declare victory in its inflation fight and ease off its monetary policy tightening sooner rather than later in 2023, setting off rallies across asset classes.So goes the bullish thinking.That narrative was on display this past Friday when stock indexes surged to end a choppy holiday-shortened week higher. The S&P 500 finished the week up 1.45%, the Dow Jones Industrial Average added 1.46%, and the Nasdaq Composite ticked up 0.98%.If all that sounds familiar, it should. The Fed has stated that it plans to increase interest rates in early 2023, then hold there for some time. Federal-funds futures pricing, however, implies a peak in rates by the spring, then cuts in the back half of 2023. It's another sign that investors expect the Fed to change its tune. They hope Friday's jobs report sent the Fed a message -- its job is almost done.One data point, however, won't be enough to change the Fed's mind. The market will be looking to December's consumer price index this coming Thursday as its next macro bogey -- one that will provide additional fodder for the Fed's next policy meeting in February. The rate of inflation is expected to fall to 6.5% year over year from 7.1% in November.But it's not just about the economic data. This coming Friday brings the start of fourth-quarter earnings season, with some major companies -- JPMorgan Chase (ticker: JPM), Bank of America (BAC), UnitedHealth Group (UNH), and Delta Air Lines (DAL) among them -- kicking off the festivities. The vast majority of the S&P 500 will report over the following month and a half.Few are expecting a good fourth quarter. In aggregate, S&P 500 companies are expected to report their first losing quarter since 2020. Earnings per share are forecast to decline by 2.2% year over year, to $53.87, after roughly 4.4% growth in the third quarter and 8.4% in the second quarter, per IBES data from Refinitiv. The consensus fourth-quarter outlook became much gloomier as 2022 proceeded -- at the start of last year, analysts had penciled in 14.1% year-over-year earnings growth for the period.Analysts' current estimate would bring 2022 S&P 500 EPS to $219.80, which would be up 5.6% for the year. It's likely to end up a bit better than that, as most companies tend to beat consensus estimates. Revenue, though, is forecast to rise 4.1% year over year in the fourth quarter, to $3.7 trillion, and 11.2% for all of 2022, to $13.8 trillion. The fact that sales are rising but earnings are falling is a sign that corporate profit margins appear to have peaked for this cycle.The earnings slump won't hit all companies equally. The energy and industrial sectors are expected to be outliers, delivering EPS growth of 65% and 43%, respectively, from a year earlier. Those are among the cyclically sensitive companies that suffered the most during the Covid-19 recession and are still enjoying the rebound.On the opposite end of the spectrum are materials, where earnings are forecast to drop by 22% as prices of many industrial inputs have returned to earth; communication services, down 21% due to an expected drop in advertising spending and continued streaming losses at many media companies; and consumer discretionary, down 15% on potentially weaker spending in 2023. Tech, which makes up close to a quarter of the S&P 500's EPS, is expected to show a 9% decline in earnings in the fourth quarter as wage costs balloon at many software companies, enterprise demand slows, and semiconductors remain in a downturn. Expectations are so low that the fourth-quarter results could be strong relative to forecasts.But those beats might not matter if companies can't provide at least a decent outlook for 2023.The bottom-up consensus -- gleaned by summing the average earnings estimates from all individual stock and sector analysts for each of the companies in the S&P 500 -- is for EPS to grow by 4.4% to $229.52 in 2023, according to Refinitiv, up from about $220 in 2022. Conversely, the top-down view of Wall Street strategists surveyed by Barron's in December calls for a 2.7% decline in S&P 500 profits in 2023 to an average of $214 per share.The difference is in the profit margins. Strategists see them getting squeezed by rising wages and higher interest costs, even as the prices they charge customers moderate. That's largely in line with the Fed's view that some elements of inflation are sticky and will take time -- and economic pain -- to bring down. If that scenario plays out, the shift lower in earnings expectations would make the market appear pricier even as the Fed continues to increase interest rates.Needless to say, that's not a winning combination for stocks -- no matter what the jobs report said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9922964432,"gmtCreate":1671673932226,"gmtModify":1676538573796,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9922964432","repostId":"1165133422","repostType":4,"repost":{"id":"1165133422","kind":"news","pubTimestamp":1671670863,"share":"https://ttm.financial/m/news/1165133422?lang=&edition=fundamental","pubTime":"2022-12-22 09:01","market":"us","language":"en","title":"Look for a Slightly More Dovish Tilt to the Fed’s Policy Group in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1165133422","media":"Yahoo Finance","summary":"The Federal Reserve’s policy makers are going to become incrementally more dovish in 2023, as a new ","content":"<html><head></head><body><p>The Federal Reserve’s policy makers are going to become incrementally more dovish in 2023, as a new roster of senior officials brings a greater focus on maximum employment to its policy-setting committee.</p><p>With the Federal Open Market Committee’s annual rotation of voters on monetary policy, James Bullard of the St. Louis Fed, Loretta Mester of the Cleveland Fed and Esther George of the Kansas City Fed — all of whom have favored sharply higher interest rates to help curb inflation — will lose their votes. Boston’s Susan Collins, a newcomer who’s considered to be neutral, will also lose her voting seat.</p><p>Coming on as FOMC voters will be the Chicago Fed’s new president, Austan Goolsbee, believed to be dovish, Philadelphia’s Patrick Harker and Dallas’s Lorie Logan, both seen as centrists, and Minneapolis’s Neel Kashkari, who is currently an arch hawk.</p><p>The upshot is that policy doves, who are especially attuned to the health of the labor market, are likely to have a greater weight around the table during the eight policy meetings in 2023.</p><p>The actual impact might be initially hard to discern. There’s little distance in the views of doves and hawks at the moment — 17 of the 19 officials saw the Fed’s target rate exceeding 5% by the end of next year, and none expected to cut rates in 2023, according to their latest economic projections. Also, Chair Jerome Powell has led one of the fastest rate-hiking campaigns in decades with little dissent, a reflection of his strong control over the committee.</p><p>“The set of new 2023 voting members appears to have general policy preferences that are more on the dovish side than the outgoing set,” said Roberto Perli, head of global policy research at Piper Sandler &amp; Co. “However, the committee is very unified. This tells me that the bar for stopping at a lower peak or for cutting rates in 2023 is high, regardless of who votes and who doesn’t.”</p><p>What Bloomberg Economics Says...</p><p>“Altogether, the doves are set to gain two seats on the voting committee in 2023, gaining further traction in the decision-making process. We believe half of the 12 voting members in 2023 will likely belong to the dovish half of the distribution, in comparison to only four this year.”</p><p>— Anna Wong (chief US economist)</p><p>To read the full note, click here</p><p>Fed officials lifted interest rates by a half percentage point last week, bringing their benchmark to a target range of 4.25% to 4.5%. They also released forecasts showing rates ending next year at 5.1%, according to their median estimate, with no rate cuts before 2024.</p><p>Among 2023 voters, Goolsbee, who will start on Jan. 9, hasn’t given his opinion on monetary policy since his Dec. 1 appointment. In an Oct. 31 Bloomberg Radio interview, Goolsbee said a peak for the benchmark federal funds rate around 5% “kind of makes sense to me.” The chair of former President Barack Obama’s Council of Economic Advisers has blamed inflation significantly on supply shocks, suggesting tighter monetary policy alone won’t be enough to curb price pressures.</p><p>Logan, a former New York Fed official, hasn’t spoken much on monetary policy since her selection to lead the Dallas Fed but said in November “there is still a long way to go” to fight inflation. Harker said last month he expects officials to slow the pace of their interest-rate increases and eventually hold rates at a restrictive level for a while.</p><p>Kashkari is the most hawkish of the four and last month said he wasn’t persuaded inflation had peaked, adding that “I’m not seeing much evidence of cooling” in the economy. At one point the Minneapolis chief was a dove, and he illustrates that Fed officials can sometimes be difficult to categorize.</p><p>“There has been flipping of stances among some officials,” said Kathy Bostjancic, chief economist at Nationwide Life Insurance Co. Overall, “Chairman Powell does have good control of the committee and there are not large differences between the hawks and doves,” she added.</p><p>There were just two dissents in 2022: George dissented in June in favor of a smaller rate increase, and Bullard dissented in March, calling for a bigger initial hike. Powell has had just 12 dissenting votes over his five-year tenure as chair, averaging fewer than one negative vote every three meetings. Most of the dissents were in 2019, early in his first term.</p><p>Conditions in 2023 could lead to more dissents. Most economists are expecting higher rates to cause a recession, with the unemployment rate rising to 4.9% in early 2024 from 3.7% last month, according to the latest Bloomberg monthly survey of economists.</p><p>“We might see some dissents on the dovish side next year if or when the unemployment rate starts climbing above the natural rate” – estimated around 4% by the FOMC — “if inflation remains elevated,” Perli said. “I doubt that the dissents would come quickly and that they would be more than one or two. The chair will still be able to manage the committee very effectively.”</p><p>--With assistance from Kathleen Seaman.</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>Look for a Slightly More Dovish Tilt to the Fed’s Policy Group in 2023</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\">\nLook for a Slightly More Dovish Tilt to the Fed’s Policy Group in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-22 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/look-slightly-more-dovish-tilt-100000605.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s policy makers are going to become incrementally more dovish in 2023, as a new roster of senior officials brings a greater focus on maximum employment to its policy-setting ...</p>\n\n<a href=\"https://finance.yahoo.com/news/look-slightly-more-dovish-tilt-100000605.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/look-slightly-more-dovish-tilt-100000605.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165133422","content_text":"The Federal Reserve’s policy makers are going to become incrementally more dovish in 2023, as a new roster of senior officials brings a greater focus on maximum employment to its policy-setting committee.With the Federal Open Market Committee’s annual rotation of voters on monetary policy, James Bullard of the St. Louis Fed, Loretta Mester of the Cleveland Fed and Esther George of the Kansas City Fed — all of whom have favored sharply higher interest rates to help curb inflation — will lose their votes. Boston’s Susan Collins, a newcomer who’s considered to be neutral, will also lose her voting seat.Coming on as FOMC voters will be the Chicago Fed’s new president, Austan Goolsbee, believed to be dovish, Philadelphia’s Patrick Harker and Dallas’s Lorie Logan, both seen as centrists, and Minneapolis’s Neel Kashkari, who is currently an arch hawk.The upshot is that policy doves, who are especially attuned to the health of the labor market, are likely to have a greater weight around the table during the eight policy meetings in 2023.The actual impact might be initially hard to discern. There’s little distance in the views of doves and hawks at the moment — 17 of the 19 officials saw the Fed’s target rate exceeding 5% by the end of next year, and none expected to cut rates in 2023, according to their latest economic projections. Also, Chair Jerome Powell has led one of the fastest rate-hiking campaigns in decades with little dissent, a reflection of his strong control over the committee.“The set of new 2023 voting members appears to have general policy preferences that are more on the dovish side than the outgoing set,” said Roberto Perli, head of global policy research at Piper Sandler & Co. “However, the committee is very unified. This tells me that the bar for stopping at a lower peak or for cutting rates in 2023 is high, regardless of who votes and who doesn’t.”What Bloomberg Economics Says...“Altogether, the doves are set to gain two seats on the voting committee in 2023, gaining further traction in the decision-making process. We believe half of the 12 voting members in 2023 will likely belong to the dovish half of the distribution, in comparison to only four this year.”— Anna Wong (chief US economist)To read the full note, click hereFed officials lifted interest rates by a half percentage point last week, bringing their benchmark to a target range of 4.25% to 4.5%. They also released forecasts showing rates ending next year at 5.1%, according to their median estimate, with no rate cuts before 2024.Among 2023 voters, Goolsbee, who will start on Jan. 9, hasn’t given his opinion on monetary policy since his Dec. 1 appointment. In an Oct. 31 Bloomberg Radio interview, Goolsbee said a peak for the benchmark federal funds rate around 5% “kind of makes sense to me.” The chair of former President Barack Obama’s Council of Economic Advisers has blamed inflation significantly on supply shocks, suggesting tighter monetary policy alone won’t be enough to curb price pressures.Logan, a former New York Fed official, hasn’t spoken much on monetary policy since her selection to lead the Dallas Fed but said in November “there is still a long way to go” to fight inflation. Harker said last month he expects officials to slow the pace of their interest-rate increases and eventually hold rates at a restrictive level for a while.Kashkari is the most hawkish of the four and last month said he wasn’t persuaded inflation had peaked, adding that “I’m not seeing much evidence of cooling” in the economy. At one point the Minneapolis chief was a dove, and he illustrates that Fed officials can sometimes be difficult to categorize.“There has been flipping of stances among some officials,” said Kathy Bostjancic, chief economist at Nationwide Life Insurance Co. Overall, “Chairman Powell does have good control of the committee and there are not large differences between the hawks and doves,” she added.There were just two dissents in 2022: George dissented in June in favor of a smaller rate increase, and Bullard dissented in March, calling for a bigger initial hike. Powell has had just 12 dissenting votes over his five-year tenure as chair, averaging fewer than one negative vote every three meetings. Most of the dissents were in 2019, early in his first term.Conditions in 2023 could lead to more dissents. Most economists are expecting higher rates to cause a recession, with the unemployment rate rising to 4.9% in early 2024 from 3.7% last month, according to the latest Bloomberg monthly survey of economists.“We might see some dissents on the dovish side next year if or when the unemployment rate starts climbing above the natural rate” – estimated around 4% by the FOMC — “if inflation remains elevated,” Perli said. “I doubt that the dissents would come quickly and that they would be more than one or two. The chair will still be able to manage the committee very effectively.”--With assistance from Kathleen Seaman.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967716059,"gmtCreate":1670377433972,"gmtModify":1676538355656,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9967716059","repostId":"1112917688","repostType":4,"repost":{"id":"1112917688","kind":"news","pubTimestamp":1670373117,"share":"https://ttm.financial/m/news/1112917688?lang=&edition=fundamental","pubTime":"2022-12-07 08:31","market":"us","language":"en","title":"Megacap Earnings to See \"Rude Awakening\" in 2023, Morgan Stanley’s Shalett Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1112917688","media":"Bloomberg","summary":"Shalett says expectations from some big companies ‘delusional’Pinched consumer will fuel economic sl","content":"<html><head></head><body><ul><li>Shalett says expectations from some big companies ‘delusional’</li><li>Pinched consumer will fuel economic slump next year, she adds</li></ul><p>Morgan Stanley Wealth Management’s Lisa Shalett said some of the stock market’s biggest companies may see earnings hit far more than expected next year as economic growth slows and inflation erodes the purchasing power of consumers.</p><p>Such an outlook, she added, is not reflected in current earnings estimates, which remain too high despite multiple downward revisions.</p><p>“A lot of corporate guidance is delusional,” Shalett, the division’s chief investment officer, told Bloomberg TV Tuesday, blaming not only analysts but chief executive officers as well. “I just think it’s going to be a rude awakening for a lot of folks.”</p><p>Shalett said the brunt of the downside surprises will likely be born by e-commerce, social media and other companies whose fortunes are closely tied to swings in the economy, including those selling discretionary consumer goods, rather than the whole of corporate America.</p><p>“It’s more the specific slice of it, but it’s the slice that, unfortunately, at the minute, dominates the market cap and the weight of how we are comprising consensus estimates,” she added.</p><p>Bloomberg Intelligence expects full-year 2022 earnings per share for the companies in the S&amp;P 500 to come in at $223.6 and rise to $229.7 in 2023, based on the note published on Dec. 2 by Wendy Soong. Estimates for next year continue to drift lower though remain relatively high.</p><p>Shalett said earnings forecasts in general remain too optimistic given the unprecedented confluence of factors weighing on the outlook, including Federal Reserve rate hikes and the risk of a recession.</p><p>“If the Fed succeeds, if the Fed pauses, which is what all the enthusiasm is about, that pricing power at best is going to halve and at worst is going to go away completely at the same time that your volume is slowing,” she said. “It’s that kind of negative operating leverage that I just don’t think is in the numbers.”</p><p>And despite the strength of the labor market, a pinched consumer might lead to further economic slowing as they burn through pandemic-era savings.</p><p>“Consumers are starting to run out of dough,” she said. “As we get into 2023, we think everything rests with the consumer.”</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>Megacap Earnings to See \"Rude Awakening\" in 2023, Morgan Stanley’s Shalett Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMegacap Earnings to See \"Rude Awakening\" in 2023, Morgan Stanley’s Shalett Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-07 08:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-06/morgan-stanley-warns-megacap-company-profits-due-for-rude-awakening-in-2023?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shalett says expectations from some big companies ‘delusional’Pinched consumer will fuel economic slump next year, she addsMorgan Stanley Wealth Management’s Lisa Shalett said some of the stock market...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-06/morgan-stanley-warns-megacap-company-profits-due-for-rude-awakening-in-2023?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-06/morgan-stanley-warns-megacap-company-profits-due-for-rude-awakening-in-2023?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112917688","content_text":"Shalett says expectations from some big companies ‘delusional’Pinched consumer will fuel economic slump next year, she addsMorgan Stanley Wealth Management’s Lisa Shalett said some of the stock market’s biggest companies may see earnings hit far more than expected next year as economic growth slows and inflation erodes the purchasing power of consumers.Such an outlook, she added, is not reflected in current earnings estimates, which remain too high despite multiple downward revisions.“A lot of corporate guidance is delusional,” Shalett, the division’s chief investment officer, told Bloomberg TV Tuesday, blaming not only analysts but chief executive officers as well. “I just think it’s going to be a rude awakening for a lot of folks.”Shalett said the brunt of the downside surprises will likely be born by e-commerce, social media and other companies whose fortunes are closely tied to swings in the economy, including those selling discretionary consumer goods, rather than the whole of corporate America.“It’s more the specific slice of it, but it’s the slice that, unfortunately, at the minute, dominates the market cap and the weight of how we are comprising consensus estimates,” she added.Bloomberg Intelligence expects full-year 2022 earnings per share for the companies in the S&P 500 to come in at $223.6 and rise to $229.7 in 2023, based on the note published on Dec. 2 by Wendy Soong. Estimates for next year continue to drift lower though remain relatively high.Shalett said earnings forecasts in general remain too optimistic given the unprecedented confluence of factors weighing on the outlook, including Federal Reserve rate hikes and the risk of a recession.“If the Fed succeeds, if the Fed pauses, which is what all the enthusiasm is about, that pricing power at best is going to halve and at worst is going to go away completely at the same time that your volume is slowing,” she said. “It’s that kind of negative operating leverage that I just don’t think is in the numbers.”And despite the strength of the labor market, a pinched consumer might lead to further economic slowing as they burn through pandemic-era savings.“Consumers are starting to run out of dough,” she said. “As we get into 2023, we think everything rests with the consumer.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964919488,"gmtCreate":1670048545245,"gmtModify":1676538295697,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9964919488","repostId":"1152464265","repostType":4,"repost":{"id":"1152464265","kind":"news","pubTimestamp":1670022054,"share":"https://ttm.financial/m/news/1152464265?lang=&edition=fundamental","pubTime":"2022-12-03 07:00","market":"us","language":"en","title":"11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1152464265","media":"Bloomberg","summary":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Ha","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cb8b5a354d9d687bd95cdff74dddc508\" tg-width=\"1214\" tg-height=\"811\" width=\"100%\" height=\"auto\"/></p><p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.</p><p>“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.</p><p>This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’s<i>Charging Bull</i>statue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.</p><p>Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)</p><p>“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”</p><p>But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at a<i>New York Times</i>conference and an interview on<i>Good Morning America</i>. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?</p><p><img src=\"https://static.tigerbbs.com/79b2ba9ef6da8454146f200cdc460f6e\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Bankman-Fried after an interview on<i>Bloomberg Wealth With David Rubenstein</i>on Aug. 17, 2022.Photographer: Jeenah Moon/Bloomberg</p><p>He doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.</p><p>It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.</p><p>I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith a<i>Vox</i>reporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” the<i>Vox</i>reporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.</p><p>I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.</p><p>To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messaged<i>Vox</i>, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.</p><p>I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”</p><p>“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”</p><p>That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he got<i>un</i>lucky, or miscalculated the odds.</p><p>Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end of<i>Scarface</i>, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.</p><p>Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.</p><p>The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.</p><p>Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.</p><p>“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”</p><p>The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)</p><p>The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.</p><p>The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”</p><p>“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”</p><p>Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.</p><p>Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.</p><p>That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.</p><p>As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,<i>Reminiscences of a Stock Operator.</i>Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.</p><p>The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.</p><p>Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.</p><p>But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”</p><p>“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”</p><p>Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.</p><p>The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.</p><p>There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)</p><p>When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.</p><p>“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)</p><p>“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”</p><p>“You were all aware there was a chance this would not work,” I say.</p><p>“That’s right,” he says. “But I thought that the risk was substantially smaller.”</p><p>I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.</p><p>“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”</p><p>“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”</p><p>Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.</p><p>“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.</p><p>“So what’s the problem, then?”</p><p>Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.</p><p>“What’s the difference between these two rows here?” he asks.</p><p>“You didn’t have $8 billion in cash that you thought you had,” I say.</p><p>“That’s correct. Yes.”</p><p>“You misplaced $8 billion?” I ask.</p><p>“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.</p><p>That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.</p><p>To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.</p><p>Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.</p><p>It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”</p><p>“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.</p><p>Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.</p><p>With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.</p><p>The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this big<i>Wolf of Wall Street</i>thing,” he said. “Bro, it was a bunch of nerds.”</p><p><img src=\"https://static.tigerbbs.com/b87535c118f069e782e80762398d0a9c\" tg-width=\"1000\" tg-height=\"1000\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Illustration: Maxime Mouysset for Bloomberg Businessweek</p><p>By the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.</p><p>I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.</p><p>I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.</p><p>“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”</p><p>I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”</p><p>Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.</p><p>I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.</p><p>“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”</p><p>“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”</p><p>To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”</p><p>“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”</p><p>“You had a rule on your platform. You didn’t follow it,” I say.</p><p>By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152464265","content_text":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’sCharging Bullstatue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at aNew York Timesconference and an interview onGood Morning America. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?Bankman-Fried after an interview onBloomberg Wealth With David Rubensteinon Aug. 17, 2022.Photographer: Jeenah Moon/BloombergHe doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith aVoxreporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” theVoxreporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messagedVox, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he gotunlucky, or miscalculated the odds.Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end ofScarface, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,Reminiscences of a Stock Operator.Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”“You were all aware there was a chance this would not work,” I say.“That’s right,” he says. “But I thought that the risk was substantially smaller.”I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.“So what’s the problem, then?”Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.“What’s the difference between these two rows here?” he asks.“You didn’t have $8 billion in cash that you thought you had,” I say.“That’s correct. Yes.”“You misplaced $8 billion?” I ask.“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this bigWolf of Wall Streetthing,” he said. “Bro, it was a bunch of nerds.”Illustration: Maxime Mouysset for Bloomberg BusinessweekBy the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”“You had a rule on your platform. You didn’t follow it,” I say.By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981791505,"gmtCreate":1666591911808,"gmtModify":1676537773922,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9981791505","repostId":"1158488098","repostType":4,"repost":{"id":"1158488098","kind":"news","pubTimestamp":1666590918,"share":"https://ttm.financial/m/news/1158488098?lang=&edition=fundamental","pubTime":"2022-10-24 13:55","market":"us","language":"en","title":"VTI: Michael Burry's Warning","url":"https://stock-news.laohu8.com/highlight/detail?id=1158488098","media":"Seeking Alpha","summary":"SummaryOn October 1st of this year, Burry compared the current market to the bubble of 2000, spellin","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>On October 1st of this year, Burry compared the current market to the bubble of 2000, spelling doom for &#34;darling better businesses&#34; while &#34;value was about to take off.&#34;</li><li>Market darlings such as Apple, Amazon, and Tesla make up a large portion of the Vanguard Total Stock Market ETF.</li><li>Value stocks and global equities could crush this popular index, that is, if Burry&#39;s mid-late 2000 feeling is correct.</li><li>We&#39;ll dig into the four major macro problems for U.S. equities. In the decade ahead, we project returns of 5% per annum.</li></ul><p><b>Investment Thesis</b></p><p>While we like VTI&#39;s exposure to beaten down small-caps, the index is dangerously overweight the United States (99.9%) at a time when American stocks are perhaps more popular than ever before. The United States now accounts for 60% of the world&#39;s stock market capitalization:</p><p><img src=\"https://static.tigerbbs.com/228c28952351af1b851b1a08fd30c604\" tg-width=\"640\" tg-height=\"441\" referrerpolicy=\"no-referrer\"/></p><p>Share Of Global Equity Market Value By Country(Statista)</p><p>Issues in Europe and China have caused investors to flee global markets, flocking to the &#34;safe haven&#34; of the U.S. dollar and the world&#39;s most popular investment, the S&amp;P 500. In this flight to safety, investors have preferred &#34;defensive stocks&#34; such as Johnson &amp; Johnson (JNJ), UnitedHealth Group (UNH), and Walmart (WMT), all of which are now priced for exceptionally low long-term returns.</p><p>In addition, the darlings of the bull market, Tesla (TSLA), Amazon (AMZN), Apple (AAPL), and Microsoft (MSFT) have benefited in a stimulus induced world of COVID-19. We&#39;re now in a world of quantitative tightening and higher interest rates. A rude awakening may have just begun for these companies. Not only do they trade at high valuations in terms of price to book, price to sales, and price to earnings, but some of them may be at a cyclical peak in earnings. Collectively, these popular and overvalued assets make up a large portion of what you&#39;re buying when you buy the Vanguard Total Stock Market Index (NYSEARCA:VTI).</p><p><img src=\"https://static.tigerbbs.com/8a1d2fd5665fd46e381ea7fc20acd22c\" tg-width=\"640\" tg-height=\"388\" referrerpolicy=\"no-referrer\"/></p><p>VTI&#39;s Largest Holdings(Vanguard)</p><p>In summary, the problem with buying market-cap weighted ETF&#39;s is that you&#39;re buying more of what&#39;s popular and less of what&#39;s unpopular.</p><p>While Michael Burry recently admitted he&#39;s beginning to feel greedy, his bullish call is very targeted:</p><p><img src=\"https://static.tigerbbs.com/1f48d70d031c0df8efbffc9a0e935b9d\" tg-width=\"1080\" tg-height=\"596\" referrerpolicy=\"no-referrer\"/></p><p>Michael Burry Tweet October 1, 2022(Reddit)</p><p>Burry is calling for a value bull market, much like we had from 2002 to 2007. In the bubble of 2000, Coca-Cola and Microsoft traded at more than 50x earnings. As a result of this overvaluation, their stocks were flat for the next seven years. During the same seven years, emerging markets and oil companies like Exxon Mobil (XOM) absolutely crushed:</p><p><img src=\"https://static.tigerbbs.com/9c79e9ac5124f275ec6ad111e2a44e2c\" tg-width=\"635\" tg-height=\"467\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>During this same period, VTI gained a volatile 3% per annum:</p><p><img src=\"https://static.tigerbbs.com/3dab9bb378b72ded89ccf1003464c287\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>In the words of Mark Twain, &#34;History doesn&#39;t repeat itself, but it often rhymes.&#34; In the decade ahead, we project returns of 5% per annum for VTI.</p><p>Four Problems For American Stocks</p><p><b>1) The Cyclicality Of Earnings</b></p><p>If we look solely at VTI&#39;s PE ratio of 17, things aren&#39;t looking too bad. The problem is, this is a backward looking number, and it doesn&#39;t account for the cyclicality of earnings. According toSiblis Research, the cyclically adjusted PE [CAPE] of the Russell 2000 was still at 60x earnings in June. The S&amp;P 500 currently has a CAPE ratio of 28x earnings. This indicates that the price is still exceptionally high when you take into account the earnings of the entire business cycle.</p><p>VTI&#39;s trailing 12 month earnings still reflect the shopping spree of a stimulus induced economy, firing on all cylinders at the end of 2021. That won&#39;t always be the case. Corporate earnings move up and down with the business cycle. With commodity prices having run up and the money supply winding down, forward earnings are likely to come in weaker than expected.</p><p>Another indication that we&#39;re at a peak in earnings is what&#39;s been happening with profit margins:</p><p><img src=\"https://static.tigerbbs.com/0fed2cef0b3c47fe2c262f7617d69022\" tg-width=\"602\" tg-height=\"377\" referrerpolicy=\"no-referrer\"/></p><p>S&amp;P 500 Operating Profit Margins(Charlie Bilello on Twitter)</p><p><b>2) Reliance On Globalization</b></p><p>In 2000, Warren Buffett foresaw the bubble by looking at what is now known as the &#34;Buffett Indicator.&#34; This indicator is the U.S. stock market capitalization as a percentage of GDP. During this great period of globalization we&#39;ve experienced, U.S. companies have expanded into foreign markets more than ever before causing some to say this indicator is outdated. However, the war in Ukraine and sudden departure of American business from Russia is a just a small sample of what happens when globalization reverses. The &#34;Buffett Indicator&#34; is still above where it was in 2000:</p><p><img src=\"https://static.tigerbbs.com/1049984bbfd6bf5464e969b5e9a67054\" tg-width=\"640\" tg-height=\"224\" referrerpolicy=\"no-referrer\"/></p><p>The Buffett Indicator(Longtermtrends)</p><p><b>3) An Exceptionally Strong U.S. Dollar</b></p><p>Stanley Druckenmiller has been warning of a recession in 2023, and part of his thesis is that high oil prices and a strong U.S. dollar are typically bad for forward corporate earnings. As the U.S. dollar strengthens, it becomes more expensive for other countries to purchase U.S. exports. This can cause a decline in earnings as countries pivot away from American goods.</p><p>Currency strength is two fold; it tends to decrease future earnings, but it makes trailing earnings look more attractive to investors. As the U.S. dollar gains against other currencies, as it did from 2008 to 2022, U.S. stocks tend to outperform. But, as the U.S. dollar falls against other currencies as it did from 2002 to 2008, international stocks usually outperform. The U.S. dollar has reached an important threshold of strength against other currencies. From these levels, the currency has fallen tremendously in the past:</p><p><img src=\"https://static.tigerbbs.com/ce33a12c4edfd45f0c919304b80a2997\" tg-width=\"640\" tg-height=\"196\" referrerpolicy=\"no-referrer\"/></p><p>DXY U.S. Dollar Index((CNBC))</p><p><b>4) The National Debt</b></p><p>The United States has effectively borrowed from its future to fund this boom. All of the money printing by the federal reserve has resulted in record government debt to GDP:</p><p><img src=\"https://static.tigerbbs.com/8ebdcc954f2967d4687901ae42ba4df2\" tg-width=\"640\" tg-height=\"302\" referrerpolicy=\"no-referrer\"/></p><p>U.S. Government Debt To GDP(Trading Economics)</p><p>This debt will have to be paid back with personal and corporate tax. We could see corporate tax rates increase over the years as a result.</p><p>More women joined the workforce in the 1940&#39;s, which resulted in a huge increase in productivity, allowing the government to pay down its debts. It remains to be seen how the country will deal with its enormous debt pile this time around.</p><p><b>Long-term Returns</b></p><p>S&amp;P 500 earnings have grown at 6.5% per annum since 1980. But, as you can see, that was on the back of a very accommodative fed, globalization, and peak profit margins. We&#39;re afraid the future will not be as good as the past in this case. S&amp;P 500 earnings hit a major peak in 2000 and again in 2007. Both times, earnings over the following 10 years barely grew at all, averaging growth of just 2.5% per annum. This may be another one of those, and we now believe our prior estimates in the article S&amp;P 500: A Warning To All Investors may have been too bullish.</p><ul><li><i>Our 2032 price target for VTI is $255 per share, implying returns of just 5% per annum with dividends reinvested.</i></li></ul><p>This is the result of growing the current EPS ($10.96) at 4.5% per annum, reaching EPS of $17 per share in 2032. We&#39;ve applied a terminal multiple of 15x. This is simply our base-case scenario.</p><p><b>Conclusion</b></p><p>American equities have more problems ahead than investors currently realize. Namely, the cyclicality of earnings, dependence on globalization, a peaking U.S. dollar, and the national debt. Michael Burry has indicated that value&#39;s about to &#34;take off for years&#34; while VTI&#39;s market darlings decline. The VTI implications of this are low returns, in relation to both bonds and inflation over the next ten years. We&#39;d pivot to global investing and deep value. If this is a late 2000 moment, these asset classes could be about to take off as Burry depicts. Until next time, happy investing.</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>VTI: Michael Burry's Warning</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\">\nVTI: Michael Burry's Warning\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-24 13:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4548355-vti-michael-burrys-warning><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryOn October 1st of this year, Burry compared the current market to the bubble of 2000, spelling doom for \"darling better businesses\" while \"value was about to take off.\"Market darlings such as ...</p>\n\n<a href=\"https://seekingalpha.com/article/4548355-vti-michael-burrys-warning\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VTI":"大盘指数ETF-Vanguard MSCI"},"source_url":"https://seekingalpha.com/article/4548355-vti-michael-burrys-warning","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158488098","content_text":"SummaryOn October 1st of this year, Burry compared the current market to the bubble of 2000, spelling doom for \"darling better businesses\" while \"value was about to take off.\"Market darlings such as Apple, Amazon, and Tesla make up a large portion of the Vanguard Total Stock Market ETF.Value stocks and global equities could crush this popular index, that is, if Burry's mid-late 2000 feeling is correct.We'll dig into the four major macro problems for U.S. equities. In the decade ahead, we project returns of 5% per annum.Investment ThesisWhile we like VTI's exposure to beaten down small-caps, the index is dangerously overweight the United States (99.9%) at a time when American stocks are perhaps more popular than ever before. The United States now accounts for 60% of the world's stock market capitalization:Share Of Global Equity Market Value By Country(Statista)Issues in Europe and China have caused investors to flee global markets, flocking to the \"safe haven\" of the U.S. dollar and the world's most popular investment, the S&P 500. In this flight to safety, investors have preferred \"defensive stocks\" such as Johnson & Johnson (JNJ), UnitedHealth Group (UNH), and Walmart (WMT), all of which are now priced for exceptionally low long-term returns.In addition, the darlings of the bull market, Tesla (TSLA), Amazon (AMZN), Apple (AAPL), and Microsoft (MSFT) have benefited in a stimulus induced world of COVID-19. We're now in a world of quantitative tightening and higher interest rates. A rude awakening may have just begun for these companies. Not only do they trade at high valuations in terms of price to book, price to sales, and price to earnings, but some of them may be at a cyclical peak in earnings. Collectively, these popular and overvalued assets make up a large portion of what you're buying when you buy the Vanguard Total Stock Market Index (NYSEARCA:VTI).VTI's Largest Holdings(Vanguard)In summary, the problem with buying market-cap weighted ETF's is that you're buying more of what's popular and less of what's unpopular.While Michael Burry recently admitted he's beginning to feel greedy, his bullish call is very targeted:Michael Burry Tweet October 1, 2022(Reddit)Burry is calling for a value bull market, much like we had from 2002 to 2007. In the bubble of 2000, Coca-Cola and Microsoft traded at more than 50x earnings. As a result of this overvaluation, their stocks were flat for the next seven years. During the same seven years, emerging markets and oil companies like Exxon Mobil (XOM) absolutely crushed:Data by YChartsDuring this same period, VTI gained a volatile 3% per annum:Data by YChartsIn the words of Mark Twain, \"History doesn't repeat itself, but it often rhymes.\" In the decade ahead, we project returns of 5% per annum for VTI.Four Problems For American Stocks1) The Cyclicality Of EarningsIf we look solely at VTI's PE ratio of 17, things aren't looking too bad. The problem is, this is a backward looking number, and it doesn't account for the cyclicality of earnings. According toSiblis Research, the cyclically adjusted PE [CAPE] of the Russell 2000 was still at 60x earnings in June. The S&P 500 currently has a CAPE ratio of 28x earnings. This indicates that the price is still exceptionally high when you take into account the earnings of the entire business cycle.VTI's trailing 12 month earnings still reflect the shopping spree of a stimulus induced economy, firing on all cylinders at the end of 2021. That won't always be the case. Corporate earnings move up and down with the business cycle. With commodity prices having run up and the money supply winding down, forward earnings are likely to come in weaker than expected.Another indication that we're at a peak in earnings is what's been happening with profit margins:S&P 500 Operating Profit Margins(Charlie Bilello on Twitter)2) Reliance On GlobalizationIn 2000, Warren Buffett foresaw the bubble by looking at what is now known as the \"Buffett Indicator.\" This indicator is the U.S. stock market capitalization as a percentage of GDP. During this great period of globalization we've experienced, U.S. companies have expanded into foreign markets more than ever before causing some to say this indicator is outdated. However, the war in Ukraine and sudden departure of American business from Russia is a just a small sample of what happens when globalization reverses. The \"Buffett Indicator\" is still above where it was in 2000:The Buffett Indicator(Longtermtrends)3) An Exceptionally Strong U.S. DollarStanley Druckenmiller has been warning of a recession in 2023, and part of his thesis is that high oil prices and a strong U.S. dollar are typically bad for forward corporate earnings. As the U.S. dollar strengthens, it becomes more expensive for other countries to purchase U.S. exports. This can cause a decline in earnings as countries pivot away from American goods.Currency strength is two fold; it tends to decrease future earnings, but it makes trailing earnings look more attractive to investors. As the U.S. dollar gains against other currencies, as it did from 2008 to 2022, U.S. stocks tend to outperform. But, as the U.S. dollar falls against other currencies as it did from 2002 to 2008, international stocks usually outperform. The U.S. dollar has reached an important threshold of strength against other currencies. From these levels, the currency has fallen tremendously in the past:DXY U.S. Dollar Index((CNBC))4) The National DebtThe United States has effectively borrowed from its future to fund this boom. All of the money printing by the federal reserve has resulted in record government debt to GDP:U.S. Government Debt To GDP(Trading Economics)This debt will have to be paid back with personal and corporate tax. We could see corporate tax rates increase over the years as a result.More women joined the workforce in the 1940's, which resulted in a huge increase in productivity, allowing the government to pay down its debts. It remains to be seen how the country will deal with its enormous debt pile this time around.Long-term ReturnsS&P 500 earnings have grown at 6.5% per annum since 1980. But, as you can see, that was on the back of a very accommodative fed, globalization, and peak profit margins. We're afraid the future will not be as good as the past in this case. S&P 500 earnings hit a major peak in 2000 and again in 2007. Both times, earnings over the following 10 years barely grew at all, averaging growth of just 2.5% per annum. This may be another one of those, and we now believe our prior estimates in the article S&P 500: A Warning To All Investors may have been too bullish.Our 2032 price target for VTI is $255 per share, implying returns of just 5% per annum with dividends reinvested.This is the result of growing the current EPS ($10.96) at 4.5% per annum, reaching EPS of $17 per share in 2032. We've applied a terminal multiple of 15x. This is simply our base-case scenario.ConclusionAmerican equities have more problems ahead than investors currently realize. Namely, the cyclicality of earnings, dependence on globalization, a peaking U.S. dollar, and the national debt. Michael Burry has indicated that value's about to \"take off for years\" while VTI's market darlings decline. The VTI implications of this are low returns, in relation to both bonds and inflation over the next ten years. We'd pivot to global investing and deep value. If this is a late 2000 moment, these asset classes could be about to take off as Burry depicts. Until next time, happy investing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9050575565,"gmtCreate":1654219512757,"gmtModify":1676535415237,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9050575565","repostId":"2240305492","repostType":4,"repost":{"id":"2240305492","kind":"highlight","pubTimestamp":1654227926,"share":"https://ttm.financial/m/news/2240305492?lang=&edition=fundamental","pubTime":"2022-06-03 11:45","market":"us","language":"en","title":"3 Riskier Warren Buffett Stocks That Could Beat the Dow","url":"https://stock-news.laohu8.com/highlight/detail?id=2240305492","media":"Motley Fool","summary":"Warren Buffett and Berkshire Hathaway have produced better annual average returns than most broader market indexes.","content":"<html><head></head><body><p>Warren Buffett and his company <b>Berkshire Hathaway</b> (BRK.A -0.73%)(BRK.B -0.63%) have a long track record of beating the broader market indexes such as the <b>Dow Jones Industrial Average</b>. Between 1965 and 2020, Berkshire&#39;s stock has posted an annual average return of about 20%, while the Dow has an average annual return of roughly 7.75% between 1921 and 2019.</p><p>A big part of this is due to Buffett and Berkshire&#39;s more than $350 billion stock portfolio. While some stocks like <b>Apple</b> and <b>Bank of America</b> make up a huge percentage of the portfolio and are likely ones that Buffett and Berkshire consider to be safer, there are other smaller picks in the portfolio that Buffett and Berkshire may deem to be riskier but that also have much more potential upside. Here are three riskier Buffett stocks that can beat the Dow on a long-term basis.</p><h2>1. Citigroup</h2><p>As a shareholder, I was thrilled to see Buffett and Berkshire snag shares of <b>Citigroup</b> in the first quarter of this year. The bank has struggled for years to generate the same kind of returns as its large bank peers, leading many to believe it&#39;s a value trap. Citigroup has on numerous occasions traded below its tangible book value (TBV), or net worth, over the last decade. But this is the first time Berkshire has purchased the stock since 2001, according to Securities and Exchange Commission filings.</p><p>In my view, it looks like this time may indeed be different with CEO Jane Fraser, who only took the reins of the bank about a year ago, planning major strategic changes including selling most of the bank&#39;s international consumer banking divisions, doubling down on areas of strength, and finally investing what is needed to fix regulatory issues.</p><p>The big risk here is that the transformation could still be a multi-year journey and investors are running out of patience, so there is very little margin for error and this is a stock that could continue to be a value trap. But trading at just 67% to its TBV, the stock has about 47% upside just to get back to TBV, which would still not even be considered a good valuation in today&#39;s banking industry.</p><p>Citigroup&#39;s investment banking unit, large U.S. deposit market share, and extremely global presence are certain attributes that would be difficult to replicate. The bank also has a dividend yield of roughly 3.8%, which will compensate investors nicely while they wait for the transformation plan to play out.</p><h2>2. <a href=\"https://laohu8.com/S/GOM\">Ally Financial</a></h2><p>The large digital bank and auto lender <b>Ally Financial</b> is another stock that Berkshire scooped up at the beginning of this year that has a lot of the attributes of a classic Buffett stock. Not only does Ally trade at a cheap valuation, but it also returns a good amount of capital to shareholders. Despite generating strong returns in 2021 and guiding for smaller but still impressive returns going forward, Ally only trades at about 116% to its TBV and 5.6 times forward earnings.</p><p>Ally faces a few big risks. There could be a recession sometime in the near future that makes consumers default on their loans at higher rates than management is currently anticipating. There are also concerns over what will happen to used-car prices, which have been elevated, although Ally&#39;s management team is anticipating prices to eventually come down. Higher interest rates could also raise Ally&#39;s deposit costs and cut into margins, although the bank has significantly increased its retail deposit base in recent years.</p><p>Still, if Ally can overcome some of these near-term headwinds and still generate good returns, the stock will likely get rerated. Ally also returns a lot of capital to shareholders and is planning to execute a $2 billion stock buyback plan this year alone.</p><h2>3. Nu Holdings</h2><p>Berkshire has clearly taken an interest in Latin America&#39;s growing financial sector, and with good reason given the massive potential. Last year, Berkshire invested in the Brazilian challenger bank <b>Nu Holdings</b>, which has made massive progress with its frictionless, low-fee banking experience. Nu has acquired close to 60 million customers with a low, industry-leading customer acquisition cost. Nu currently banks 33% of the adult Brazilian population and has provided millions of its customers with their first bank account or credit card. Nu is also growing in Mexico and Colombia.</p><p>The risk here is that the Latin American market can be difficult, given high levels of inflation and volatile economic conditions. Furthermore, Nu is not yet profitable and will likely face lots of competition. But the company is growing revenue significantly and after the huge sell-off of growth stocks this year, investors have the rare opportunity to buy Nu stock at a much cheaper valuation than when Buffett or Berkshire got in. Nu is a leading digital disruptor in <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the world&#39;s fastest-growing regions for banking.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Riskier Warren Buffett Stocks That Could Beat the Dow</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Riskier Warren Buffett Stocks That Could Beat the Dow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-03 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/02/riskier-warren-buffett-stocks-that-could-beat-dow/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett and his company Berkshire Hathaway (BRK.A -0.73%)(BRK.B -0.63%) have a long track record of beating the broader market indexes such as the Dow Jones Industrial Average. Between 1965 and...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/02/riskier-warren-buffett-stocks-that-could-beat-dow/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ALLY":"Ally Financial Inc.","NU":"Nu Holdings Ltd.","C":"花旗"},"source_url":"https://www.fool.com/investing/2022/06/02/riskier-warren-buffett-stocks-that-could-beat-dow/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240305492","content_text":"Warren Buffett and his company Berkshire Hathaway (BRK.A -0.73%)(BRK.B -0.63%) have a long track record of beating the broader market indexes such as the Dow Jones Industrial Average. Between 1965 and 2020, Berkshire's stock has posted an annual average return of about 20%, while the Dow has an average annual return of roughly 7.75% between 1921 and 2019.A big part of this is due to Buffett and Berkshire's more than $350 billion stock portfolio. While some stocks like Apple and Bank of America make up a huge percentage of the portfolio and are likely ones that Buffett and Berkshire consider to be safer, there are other smaller picks in the portfolio that Buffett and Berkshire may deem to be riskier but that also have much more potential upside. Here are three riskier Buffett stocks that can beat the Dow on a long-term basis.1. CitigroupAs a shareholder, I was thrilled to see Buffett and Berkshire snag shares of Citigroup in the first quarter of this year. The bank has struggled for years to generate the same kind of returns as its large bank peers, leading many to believe it's a value trap. Citigroup has on numerous occasions traded below its tangible book value (TBV), or net worth, over the last decade. But this is the first time Berkshire has purchased the stock since 2001, according to Securities and Exchange Commission filings.In my view, it looks like this time may indeed be different with CEO Jane Fraser, who only took the reins of the bank about a year ago, planning major strategic changes including selling most of the bank's international consumer banking divisions, doubling down on areas of strength, and finally investing what is needed to fix regulatory issues.The big risk here is that the transformation could still be a multi-year journey and investors are running out of patience, so there is very little margin for error and this is a stock that could continue to be a value trap. But trading at just 67% to its TBV, the stock has about 47% upside just to get back to TBV, which would still not even be considered a good valuation in today's banking industry.Citigroup's investment banking unit, large U.S. deposit market share, and extremely global presence are certain attributes that would be difficult to replicate. The bank also has a dividend yield of roughly 3.8%, which will compensate investors nicely while they wait for the transformation plan to play out.2. Ally FinancialThe large digital bank and auto lender Ally Financial is another stock that Berkshire scooped up at the beginning of this year that has a lot of the attributes of a classic Buffett stock. Not only does Ally trade at a cheap valuation, but it also returns a good amount of capital to shareholders. Despite generating strong returns in 2021 and guiding for smaller but still impressive returns going forward, Ally only trades at about 116% to its TBV and 5.6 times forward earnings.Ally faces a few big risks. There could be a recession sometime in the near future that makes consumers default on their loans at higher rates than management is currently anticipating. There are also concerns over what will happen to used-car prices, which have been elevated, although Ally's management team is anticipating prices to eventually come down. Higher interest rates could also raise Ally's deposit costs and cut into margins, although the bank has significantly increased its retail deposit base in recent years.Still, if Ally can overcome some of these near-term headwinds and still generate good returns, the stock will likely get rerated. Ally also returns a lot of capital to shareholders and is planning to execute a $2 billion stock buyback plan this year alone.3. Nu HoldingsBerkshire has clearly taken an interest in Latin America's growing financial sector, and with good reason given the massive potential. Last year, Berkshire invested in the Brazilian challenger bank Nu Holdings, which has made massive progress with its frictionless, low-fee banking experience. Nu has acquired close to 60 million customers with a low, industry-leading customer acquisition cost. Nu currently banks 33% of the adult Brazilian population and has provided millions of its customers with their first bank account or credit card. Nu is also growing in Mexico and Colombia.The risk here is that the Latin American market can be difficult, given high levels of inflation and volatile economic conditions. Furthermore, Nu is not yet profitable and will likely face lots of competition. But the company is growing revenue significantly and after the huge sell-off of growth stocks this year, investors have the rare opportunity to buy Nu stock at a much cheaper valuation than when Buffett or Berkshire got in. Nu is a leading digital disruptor in one of the world's fastest-growing regions for banking.","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095636887,"gmtCreate":1644891993860,"gmtModify":1676533972849,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095636887","repostId":"2211507773","repostType":4,"repost":{"id":"2211507773","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1644879690,"share":"https://ttm.financial/m/news/2211507773?lang=&edition=fundamental","pubTime":"2022-02-15 07:01","market":"us","language":"en","title":"US Stocks-The S&P 500 Ends down as Russia-Ukraine Tensions Heat Up","url":"https://stock-news.laohu8.com/highlight/detail?id=2211507773","media":"Reuters","summary":"The S&P 500 index closed modestly lower on Monday, largely recovering from a sharp sell-off, as U.S.","content":"<html><head></head><body><p>The S&amp;P 500 index closed modestly lower on Monday, largely recovering from a sharp sell-off, as U.S. plans to close its Kyiv embassy in Ukraine sent simmering geopolitical tensions to a boil.</p><p>All three major U.S. stock indexes dropped sharply after U.S. Secretary of State Antony Blinken announced the relocation of U.S. diplomatic operations to western Ukraine, in a possible sign of an imminent Russian invasion.</p><p>Adding to uncertainty, Ukraine President Volodymyr Zelenskiy said Wednesday would be the day of the attack. Ukrainian officials later said Zelenskiy was not predicting an attack on that day but responding with skepticism to foreign media reports.</p><p>By the closing bell, the Dow Jones Industrial Average joined the S&amp;P 500 in negative territory, while the Nasdaq Composite Index    ended essentially unchanged.</p><p>Ongoing concerns over aggressive policy from the Federal Reserve also have contributed to recent market volatility.</p><p>&#34;There&#39;s a lot of cross currents, a lot of potential negatives in the markets,&#34; said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.</p><p>France&#39;s foreign minister said everything was in place for a Russian attack and that Europe was ready to impose massive sanctions if it happened.</p><p>Geopolitical anxieties have been simmering in recent weeks as negotiators scrambled to find a diplomatic path forward as Russia amassed troops along the Ukrainian border.</p><p>Still, market fallout due to geopolitical turmoil tends to be fleeting, according to historical data.</p><p>&#34;History actually tells investors that military and terrorist strikes tend to have short-lived shocks because they do not result in global recession,&#34; said Sam Stovall, chief investment strategist of CFRA Research in New York.</p><p>Adding to the uncertainty were increasingly hawkish comments from St. Louis Federal Reserve President James Bullard. He reiterated his call for a faster rake hike timeline and said the central bank&#39;s &#34;credibility is on the line&#34; in its battle against rising prices.</p><p>Recent data showed U.S. inflation at its hottest level in decades, ratcheting up concerns that the Fed could begin hiking key interest rates more aggressively than many had anticipated.</p><p>&#34;The market is being felled by a combination punch, with Bullard&#39;s comments as well as increased rhetoric about the imminent invasion by Russia,&#34; Stovall added.</p><p>The Dow Jones Industrial Average    fell 171.89 points, or 0.49%, to 34,566.17; the S&amp;P 500    lost 16.97 points, or 0.38%, at 4,401.67; and the Nasdaq Composite    dropped 0.24 points, or 0%, to 13,790.92.</p><p>Ten of the 11 major sectors in the S&amp;P 500 closed in negative territory, with energy stocks suffering the largest percentage drop. Consumer discretionary and communications services were the only gainers.</p><p>Fourth-quarter earnings season is approaching the home stretch, with 358 of the companies in the S&amp;P 500 having reported. Of those, 78% have beat consensus estimates, according to Refinitiv data.</p><p>Nvidia Corp and Walmart Inc are among the high profile companies posting results this week.</p><p>Tesla Inc advanced 1.8% after Chinese auto industry authorities announced the electric car maker sold nearly 60,000 China-made vehicles in January.</p><p>Drugmaker Biohaven shares rose 2.2% following positive topline trial results in the migraine treatment rimegepant. Pfizer Inc acquired the overseas marketing rights to the drug in November.</p><p>But Pfizer dropped 1.9%, joining other COVID vaccine makers in the red.</p><p>Moderna Inc tumbled 11.7% and Johnson &amp; Johnson dipped 1.3%. Novavax Inc, which on Monday submitted an application to Switzerland&#39;s drugs regulator for approval of its COVID vaccine, dropped 11.4%.</p><p>Declining issues outnumbered advancers on the NYSE by a 2.80-to-1 ratio; on Nasdaq, a 2.17-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted <a href=\"https://laohu8.com/S/AONE.U\">one</a> new 52-week high and 18 new lows; the Nasdaq Composite recorded 24 new highs and 246 new lows.</p><p>Volume on U.S. exchanges was 11.32 billion shares, compared with the 12.67 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Stocks-The S&P 500 Ends down as Russia-Ukraine Tensions Heat Up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Stocks-The S&P 500 Ends down as Russia-Ukraine Tensions Heat Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-02-15 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The S&amp;P 500 index closed modestly lower on Monday, largely recovering from a sharp sell-off, as U.S. plans to close its Kyiv embassy in Ukraine sent simmering geopolitical tensions to a boil.</p><p>All three major U.S. stock indexes dropped sharply after U.S. Secretary of State Antony Blinken announced the relocation of U.S. diplomatic operations to western Ukraine, in a possible sign of an imminent Russian invasion.</p><p>Adding to uncertainty, Ukraine President Volodymyr Zelenskiy said Wednesday would be the day of the attack. Ukrainian officials later said Zelenskiy was not predicting an attack on that day but responding with skepticism to foreign media reports.</p><p>By the closing bell, the Dow Jones Industrial Average joined the S&amp;P 500 in negative territory, while the Nasdaq Composite Index    ended essentially unchanged.</p><p>Ongoing concerns over aggressive policy from the Federal Reserve also have contributed to recent market volatility.</p><p>&#34;There&#39;s a lot of cross currents, a lot of potential negatives in the markets,&#34; said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.</p><p>France&#39;s foreign minister said everything was in place for a Russian attack and that Europe was ready to impose massive sanctions if it happened.</p><p>Geopolitical anxieties have been simmering in recent weeks as negotiators scrambled to find a diplomatic path forward as Russia amassed troops along the Ukrainian border.</p><p>Still, market fallout due to geopolitical turmoil tends to be fleeting, according to historical data.</p><p>&#34;History actually tells investors that military and terrorist strikes tend to have short-lived shocks because they do not result in global recession,&#34; said Sam Stovall, chief investment strategist of CFRA Research in New York.</p><p>Adding to the uncertainty were increasingly hawkish comments from St. Louis Federal Reserve President James Bullard. He reiterated his call for a faster rake hike timeline and said the central bank&#39;s &#34;credibility is on the line&#34; in its battle against rising prices.</p><p>Recent data showed U.S. inflation at its hottest level in decades, ratcheting up concerns that the Fed could begin hiking key interest rates more aggressively than many had anticipated.</p><p>&#34;The market is being felled by a combination punch, with Bullard&#39;s comments as well as increased rhetoric about the imminent invasion by Russia,&#34; Stovall added.</p><p>The Dow Jones Industrial Average    fell 171.89 points, or 0.49%, to 34,566.17; the S&amp;P 500    lost 16.97 points, or 0.38%, at 4,401.67; and the Nasdaq Composite    dropped 0.24 points, or 0%, to 13,790.92.</p><p>Ten of the 11 major sectors in the S&amp;P 500 closed in negative territory, with energy stocks suffering the largest percentage drop. Consumer discretionary and communications services were the only gainers.</p><p>Fourth-quarter earnings season is approaching the home stretch, with 358 of the companies in the S&amp;P 500 having reported. Of those, 78% have beat consensus estimates, according to Refinitiv data.</p><p>Nvidia Corp and Walmart Inc are among the high profile companies posting results this week.</p><p>Tesla Inc advanced 1.8% after Chinese auto industry authorities announced the electric car maker sold nearly 60,000 China-made vehicles in January.</p><p>Drugmaker Biohaven shares rose 2.2% following positive topline trial results in the migraine treatment rimegepant. Pfizer Inc acquired the overseas marketing rights to the drug in November.</p><p>But Pfizer dropped 1.9%, joining other COVID vaccine makers in the red.</p><p>Moderna Inc tumbled 11.7% and Johnson &amp; Johnson dipped 1.3%. Novavax Inc, which on Monday submitted an application to Switzerland&#39;s drugs regulator for approval of its COVID vaccine, dropped 11.4%.</p><p>Declining issues outnumbered advancers on the NYSE by a 2.80-to-1 ratio; on Nasdaq, a 2.17-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted <a href=\"https://laohu8.com/S/AONE.U\">one</a> new 52-week high and 18 new lows; the Nasdaq Composite recorded 24 new highs and 246 new lows.</p><p>Volume on U.S. exchanges was 11.32 billion shares, compared with the 12.67 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","BK4550":"红杉资本持仓","BK4534":"瑞士信贷持仓","BK4504":"桥水持仓","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4559":"巴菲特持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2211507773","content_text":"The S&P 500 index closed modestly lower on Monday, largely recovering from a sharp sell-off, as U.S. plans to close its Kyiv embassy in Ukraine sent simmering geopolitical tensions to a boil.All three major U.S. stock indexes dropped sharply after U.S. Secretary of State Antony Blinken announced the relocation of U.S. diplomatic operations to western Ukraine, in a possible sign of an imminent Russian invasion.Adding to uncertainty, Ukraine President Volodymyr Zelenskiy said Wednesday would be the day of the attack. Ukrainian officials later said Zelenskiy was not predicting an attack on that day but responding with skepticism to foreign media reports.By the closing bell, the Dow Jones Industrial Average joined the S&P 500 in negative territory, while the Nasdaq Composite Index    ended essentially unchanged.Ongoing concerns over aggressive policy from the Federal Reserve also have contributed to recent market volatility.\"There's a lot of cross currents, a lot of potential negatives in the markets,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.France's foreign minister said everything was in place for a Russian attack and that Europe was ready to impose massive sanctions if it happened.Geopolitical anxieties have been simmering in recent weeks as negotiators scrambled to find a diplomatic path forward as Russia amassed troops along the Ukrainian border.Still, market fallout due to geopolitical turmoil tends to be fleeting, according to historical data.\"History actually tells investors that military and terrorist strikes tend to have short-lived shocks because they do not result in global recession,\" said Sam Stovall, chief investment strategist of CFRA Research in New York.Adding to the uncertainty were increasingly hawkish comments from St. Louis Federal Reserve President James Bullard. He reiterated his call for a faster rake hike timeline and said the central bank's \"credibility is on the line\" in its battle against rising prices.Recent data showed U.S. inflation at its hottest level in decades, ratcheting up concerns that the Fed could begin hiking key interest rates more aggressively than many had anticipated.\"The market is being felled by a combination punch, with Bullard's comments as well as increased rhetoric about the imminent invasion by Russia,\" Stovall added.The Dow Jones Industrial Average    fell 171.89 points, or 0.49%, to 34,566.17; the S&P 500    lost 16.97 points, or 0.38%, at 4,401.67; and the Nasdaq Composite    dropped 0.24 points, or 0%, to 13,790.92.Ten of the 11 major sectors in the S&P 500 closed in negative territory, with energy stocks suffering the largest percentage drop. Consumer discretionary and communications services were the only gainers.Fourth-quarter earnings season is approaching the home stretch, with 358 of the companies in the S&P 500 having reported. Of those, 78% have beat consensus estimates, according to Refinitiv data.Nvidia Corp and Walmart Inc are among the high profile companies posting results this week.Tesla Inc advanced 1.8% after Chinese auto industry authorities announced the electric car maker sold nearly 60,000 China-made vehicles in January.Drugmaker Biohaven shares rose 2.2% following positive topline trial results in the migraine treatment rimegepant. Pfizer Inc acquired the overseas marketing rights to the drug in November.But Pfizer dropped 1.9%, joining other COVID vaccine makers in the red.Moderna Inc tumbled 11.7% and Johnson & Johnson dipped 1.3%. Novavax Inc, which on Monday submitted an application to Switzerland's drugs regulator for approval of its COVID vaccine, dropped 11.4%.Declining issues outnumbered advancers on the NYSE by a 2.80-to-1 ratio; on Nasdaq, a 2.17-to-1 ratio favored decliners.The S&P 500 posted one new 52-week high and 18 new lows; the Nasdaq Composite recorded 24 new highs and 246 new lows.Volume on U.S. exchanges was 11.32 billion shares, compared with the 12.67 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800042620,"gmtCreate":1627268178260,"gmtModify":1703486364674,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/800042620","repostId":"2154934710","repostType":4,"repost":{"id":"2154934710","kind":"highlight","pubTimestamp":1627267260,"share":"https://ttm.financial/m/news/2154934710?lang=&edition=fundamental","pubTime":"2021-07-26 10:41","market":"us","language":"en","title":"Big Tech Earnings Preview: Alphabet, Facebook, and Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=2154934710","media":"Motley Fool","summary":"Here's what to watch when the search engine, social media, and e-commerce giants report their Q2 earnings this week.","content":"<p>Three \"big techs\" scheduled to report their second-quarter 2021 results this week are Google parent <b>Alphabet</b> (NASDAQ:GOOG) (NASDAQ:GOOGL)&nbsp;on Tuesday, July 27, <b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> (NASDAQ:FB) on Wednesday, and <b>Amazon</b>&nbsp;(NASDAQ:AMZN) on Thursday. All three report after the market close.</p>\n<p>(<b>Apple</b> also reports on Tuesday, but this article doesn't discuss the iPhone giant.)</p>\n<p>Year-over-year growth expectations are unusually high for Alphabet and Facebook because their digital advertising-based businesses were significantly hurt in the year-ago period, which was the first full quarter affected by the COVID-19 pandemic. Many businesses were temporarily closed or operating at less than full capacity in that quarter. In other words, the search-engine and social-media leaders are facing easy sales comparables, and Alphabet is also facing an easy comparable on the bottom line.</p>\n<p>The same is not true with Amazon, as the e-commerce and all-around-tech titan's sales got a brisk tailwind in the year-ago period, as the pandemic drove consumers around the world to embrace online shopping. And its strong sales growth helped boost its profit.</p>\n<h2>Alphabet: Tuesday (earnings call at 4:30 p.m. EDT)</h2>\n<p>Going into the earnings week, Alphabet stock is outperforming shares of Facebook and Amazon, as well as the broader market, in 2021 to date (July 23) and over the last year. So far in 2021, Alphabet shares are up 51.8% (Class A) and 57.3% (Class C), Facebook stock is up 35.4%, and Amazon stock trails with a 12.3% gain. The e-commerce mammoth's stock is the only <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the three underperforming the <b>S&amp;P 500</b>, which has returned 18.4% so far this year.</p>\n<p>Here's what Wall Street is expecting&nbsp;in Alphabet's report:</p>\n<table>\n <thead>\n  <tr>\n   <th>Metric</th>\n   <th>Q2 2020 Result</th>\n   <th>Wall Street's Q2 2021 Consensus Estimate</th>\n   <th>Wall Street's Projected Change</th>\n  </tr>\n  <tr>\n   <td><p>Revenue</p></td>\n   <td><p>$38.3 billion</p></td>\n   <td><p>$56.0 billion</p></td>\n   <td><p>46%</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings per share (EPS)</p></td>\n   <td><p>$10.13</p></td>\n   <td><p>$19.21</p></td>\n   <td><p>90%</p></td>\n  </tr>\n </thead>\n</table>\n<p>Data sources: Alphabet and Yahoo! Finance.</p>\n<p>As to Alphabet's low-bar comparable, in the the year-ago period, its revenue edged down 2% and its EPS dropped 29% year over year.</p>\n<p>For context, in the first quarter, Alphabet's revenue jumped 34% year over year to $55.3 billion. EPS rocketed 166% to $26.29, crushing the $15.82 Wall Street was expecting.</p>\n<h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a77e9fd8c158aba668302c7d31a0fcd7\" tg-width=\"720\" tg-height=\"555\" referrerpolicy=\"no-referrer\"><span>Data by YCharts.</span></p></h2>\n<h2>Facebook: Wednesday (earnings call at 5 p.m. EDT)</h2>\n<p>Here's what the Street is expecting from the social-networking behemoth:</p>\n<table>\n <thead>\n  <tr>\n   <th>Metric</th>\n   <th>Q2 2020 Result</th>\n   <th>Wall Street's Q2 2021 Consensus Estimate</th>\n   <th>Wall Street's Projected Change</th>\n  </tr>\n  <tr>\n   <td>Revenue</td>\n   <td>$18.7 billion</td>\n   <td>$27.8 billion</td>\n   <td>49%</td>\n  </tr>\n  <tr>\n   <td>Earnings per share (EPS)</td>\n   <td>$1.80</td>\n   <td>$3.02</td>\n   <td>68%</td>\n  </tr>\n </thead>\n</table>\n<p>Data sources: Facebook and Yahoo! Finance.</p>\n<p>Facebook didn't issue specific guidance, but CFO Dave Wehner said in last quarter's release that management expects Q2's \"year-over-year total revenue growth to remain stable or modestly accelerate relative to the growth rate in the first quarter of 2021 [48%] as we lap slower growth related to the pandemic during the second quarter of 2020.\"</p>\n<p>In the first quarter, Facebook's revenue soared 48% year over year to $26.2 billion. Growth was driven by a 30% year-over-year jump in the average price per ad and a 12% increase in the number of ads delivered. The number of daily and monthly active users rose 8% and 10%, respectively, year over year. EPS surged 93% to $3.30, speeding by the analyst consensus estimate of $2.37.</p>\n<h2>Amazon: Thursday (earnings call at 5:30 p.m. EDT)</h2>\n<p>Here are numbers to use as benchmarks.</p>\n<table>\n <thead>\n  <tr>\n   <th><p><b>Metric</b></p></th>\n   <th><p><b>Q2 2020 Result</b></p></th>\n   <th><p><b>Amazon's Q2 2021 Guidance</b></p></th>\n   <th><p><b>Amazon's Projected Change</b></p></th>\n   <th><p><b>Wall Street's Q2 2021 Consensus Estimate</b></p></th>\n   <th><p><b>Wall Street's Projected Change</b></p></th>\n  </tr>\n </thead>\n <thead></thead>\n <tbody>\n  <tr>\n   <td><p>Revenue</p></td>\n   <td><p>$88.9 billion</p></td>\n   <td><p>$110 billion to $116 billion</p></td>\n   <td><p>24% to 30%</p></td>\n   <td><p>$115.1 billion</p></td>\n   <td><p>29%</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings per share (EPS)</p></td>\n   <td><p>$10.30</p></td>\n   <td><p>N/A</p></td>\n   <td><p>N/A</p></td>\n   <td><p>$12.22</p></td>\n   <td>19%</td>\n  </tr>\n </tbody>\n</table>\n<p>Data sources: Amazon and Yahoo! Finance. Note: Amazon does not provide earnings guidance.</p>\n<p>While Amazon doesn't provide earnings guidance, it does issue an operating income outlook. For Q2, management guided for operating income to range from $4.5 billion to $8 billion. This range represents operating income <i>declining</i>&nbsp;by as much as 22% to&nbsp;<i>rising</i>&nbsp;by as much as 38% year over year.</p>\n<p>The company's Q2 revenue will include sales from its big annual Prime Day event, held in June this year. Last year, this event took place in the fourth quarter, while it's traditionally been in the third quarter.</p>\n<p>In the&nbsp;first quarter, Amazon's revenue surged 44% year over year to $108.5 billion, beating the $104.5 billion analysts had expected. EPS skyrocketed 215% to $15.79, demolishing the consensus estimate of $9.54.</p>\n<p>Again, Facebook reports on Tuesday, Alphabet on Wednesday, and Amazon on Thursday, all after the closing bell.</p>","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>Big Tech Earnings Preview: Alphabet, Facebook, and Amazon</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\">\nBig Tech Earnings Preview: Alphabet, Facebook, and Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 10:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/07/25/big-tech-earnings-preview-alphabet-facebook-and-am/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Three \"big techs\" scheduled to report their second-quarter 2021 results this week are Google parent Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) on Tuesday, July 27, Facebook (NASDAQ:FB) on Wednesday, and ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/07/25/big-tech-earnings-preview-alphabet-facebook-and-am/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","AMZN":"亚马逊"},"source_url":"https://www.fool.com/investing/2021/07/25/big-tech-earnings-preview-alphabet-facebook-and-am/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154934710","content_text":"Three \"big techs\" scheduled to report their second-quarter 2021 results this week are Google parent Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) on Tuesday, July 27, Facebook (NASDAQ:FB) on Wednesday, and Amazon (NASDAQ:AMZN) on Thursday. All three report after the market close.\n(Apple also reports on Tuesday, but this article doesn't discuss the iPhone giant.)\nYear-over-year growth expectations are unusually high for Alphabet and Facebook because their digital advertising-based businesses were significantly hurt in the year-ago period, which was the first full quarter affected by the COVID-19 pandemic. Many businesses were temporarily closed or operating at less than full capacity in that quarter. In other words, the search-engine and social-media leaders are facing easy sales comparables, and Alphabet is also facing an easy comparable on the bottom line.\nThe same is not true with Amazon, as the e-commerce and all-around-tech titan's sales got a brisk tailwind in the year-ago period, as the pandemic drove consumers around the world to embrace online shopping. And its strong sales growth helped boost its profit.\nAlphabet: Tuesday (earnings call at 4:30 p.m. EDT)\nGoing into the earnings week, Alphabet stock is outperforming shares of Facebook and Amazon, as well as the broader market, in 2021 to date (July 23) and over the last year. So far in 2021, Alphabet shares are up 51.8% (Class A) and 57.3% (Class C), Facebook stock is up 35.4%, and Amazon stock trails with a 12.3% gain. The e-commerce mammoth's stock is the only one of the three underperforming the S&P 500, which has returned 18.4% so far this year.\nHere's what Wall Street is expecting in Alphabet's report:\n\n\n\nMetric\nQ2 2020 Result\nWall Street's Q2 2021 Consensus Estimate\nWall Street's Projected Change\n\n\nRevenue\n$38.3 billion\n$56.0 billion\n46%\n\n\nEarnings per share (EPS)\n$10.13\n$19.21\n90%\n\n\n\nData sources: Alphabet and Yahoo! Finance.\nAs to Alphabet's low-bar comparable, in the the year-ago period, its revenue edged down 2% and its EPS dropped 29% year over year.\nFor context, in the first quarter, Alphabet's revenue jumped 34% year over year to $55.3 billion. EPS rocketed 166% to $26.29, crushing the $15.82 Wall Street was expecting.\nData by YCharts.\nFacebook: Wednesday (earnings call at 5 p.m. EDT)\nHere's what the Street is expecting from the social-networking behemoth:\n\n\n\nMetric\nQ2 2020 Result\nWall Street's Q2 2021 Consensus Estimate\nWall Street's Projected Change\n\n\nRevenue\n$18.7 billion\n$27.8 billion\n49%\n\n\nEarnings per share (EPS)\n$1.80\n$3.02\n68%\n\n\n\nData sources: Facebook and Yahoo! Finance.\nFacebook didn't issue specific guidance, but CFO Dave Wehner said in last quarter's release that management expects Q2's \"year-over-year total revenue growth to remain stable or modestly accelerate relative to the growth rate in the first quarter of 2021 [48%] as we lap slower growth related to the pandemic during the second quarter of 2020.\"\nIn the first quarter, Facebook's revenue soared 48% year over year to $26.2 billion. Growth was driven by a 30% year-over-year jump in the average price per ad and a 12% increase in the number of ads delivered. The number of daily and monthly active users rose 8% and 10%, respectively, year over year. EPS surged 93% to $3.30, speeding by the analyst consensus estimate of $2.37.\nAmazon: Thursday (earnings call at 5:30 p.m. EDT)\nHere are numbers to use as benchmarks.\n\n\n\nMetric\nQ2 2020 Result\nAmazon's Q2 2021 Guidance\nAmazon's Projected Change\nWall Street's Q2 2021 Consensus Estimate\nWall Street's Projected Change\n\n\n\n\n\nRevenue\n$88.9 billion\n$110 billion to $116 billion\n24% to 30%\n$115.1 billion\n29%\n\n\nEarnings per share (EPS)\n$10.30\nN/A\nN/A\n$12.22\n19%\n\n\n\nData sources: Amazon and Yahoo! Finance. Note: Amazon does not provide earnings guidance.\nWhile Amazon doesn't provide earnings guidance, it does issue an operating income outlook. For Q2, management guided for operating income to range from $4.5 billion to $8 billion. This range represents operating income declining by as much as 22% to rising by as much as 38% year over year.\nThe company's Q2 revenue will include sales from its big annual Prime Day event, held in June this year. Last year, this event took place in the fourth quarter, while it's traditionally been in the third quarter.\nIn the first quarter, Amazon's revenue surged 44% year over year to $108.5 billion, beating the $104.5 billion analysts had expected. EPS skyrocketed 215% to $15.79, demolishing the consensus estimate of $9.54.\nAgain, Facebook reports on Tuesday, Alphabet on Wednesday, and Amazon on Thursday, all after the closing bell.","news_type":1},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959429793,"gmtCreate":1673053667113,"gmtModify":1676538776897,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9959429793","repostId":"2301724633","repostType":4,"repost":{"id":"2301724633","kind":"news","pubTimestamp":1673050754,"share":"https://ttm.financial/m/news/2301724633?lang=&edition=fundamental","pubTime":"2023-01-07 08:19","market":"us","language":"en","title":"Apple Stock: Buy Below $100?","url":"https://stock-news.laohu8.com/highlight/detail?id=2301724633","media":"Seeking Alpha","summary":"SummaryApple's market cap dipped below $2tn in trading for the first time since early 2021. We conti","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Apple&#39;s market cap dipped below $2tn in trading for the first time since early 2021. We continue to be hold-rated on Apple.</li><li>We expect Apple stock will drop to $100 as the company cleans up the mess of production disruptions in China.</li><li>We believe it&#39;s time to bring up the discussion of Apple diversifying its production away from China; we expect to see Apple shift away from a China-centered production toward 2024.</li><li>Despite China&#39;s reopening efforts, we expect Apple to still be pressured in the near term by risks of increased COVID cases causing worker shortages.</li><li>Hence, we recommend investors wait for a better entry point on Apple stock.</li></ul><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/478be11c7cf08bafb87068aae2a76fa8\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>Scott Olson/Getty Images News</span></p><p>We see our expectations of Apple (NASDAQ:AAPL) stock materialize and hence maintain our hold rating. Apple was the first public tech company valued at $3tn, and on Tuesday fell below $2tn in trading for the first time since 2021. Weexpect Apple to continue facing churn as it deals with the aftermath of supply chain issues in China. In late November, management warned of significant disruption just before the holiday season, forecasting subdued sales growth around Christmas, amounting to 8%. Despite China&#39;s efforts to rapidly move away from lockdown restrictions, our biggest concern for Apple is still the geographic concentration of iPhone production in China and a potential shortage of workers due to China lifting COVID regulations. We believe Apple will experience a bumpy first half of 2023. We recommend investors avoid buying the dip just yet as we forecast more downside ahead.</p><p>We expect Apple stock to fall below $100 per share. The stock has already dropped nearly 18% since we first published our hold rating in mid-September. The following graph outlines our rating history on Apple over the past year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d3a94dc450cdc6fe299b0a963005e9ee\" tg-width=\"640\" tg-height=\"187\" width=\"100%\" height=\"auto\"/><span>SeekingAlpha</span></p><p><b>Time to discuss diversifying production: Exiting China</b></p><p>Despite China&#39;s efforts to move away from lockdown restrictions, we still don&#39;t believe Apple is out of the woods. Apple is working on resorting production after the Foxconn factory went through a series of turmoil from COVID restrictions to worker protests. Apple heavily relies on Chinese Foxconn for 90% of planned production capacity, and we believe Apple&#39;s geographic concentration of production has caught up to it over the past several months. The wait time for Apple&#39;s latest iPhone models, 14 Pro and 14 Pro Max, in the U.S. reached up to 34 days before Christmas. We expect the slowed-down production to reflect negatively on Apple&#39;s earnings in 1Q23. Wedbush Securities analyst Daniel Ives estimates the production disruptions to have cost Apple roughly $1bn a week in November from losses in iPhone sales.</p><p>Despite Foxconn now shipping at 90% of peak capacity, we don&#39;t believe Apple will easily compensate for the losses created near the end of 2022. We expect the downside of production issues in China to cause the stock to drop below $100 per share. Our bearish sentiment on Apple in the first half of 2023 is based on the belief that the consequences of production disruptions are still pressuring the company. Additionally, we believe China&#39;s reopening creates a new risk for Apple&#39;s factories: potential worker shortages in factories across the country. Bindiya Vakil, Chief executive of a California-based group that tracks supply-chain services, reported expecting &#34;a lot of operations get impacted by absenteeism, not just at factories, but a warehouse, distribution, logistics and transportation facilities as well.&#34; We expect the next couple of months will be defining for Apple to be able to restore production smoothly and make up for the shortcomings of 2022.</p><p><b>Plans to move more production to India</b></p><p>Apple announced plans tomove more productionand assembly processes to India in 2024. Foxconn announced it would invest $500 mn in an Indian subsidiary to help boost operational capacity. Apple already produces iPhone models in India since 2017; we expect production outside of China to increase as Apple and other global firms adopt a &#34;plus-one strategy&#34; to de-risk themselves from overly relying on China for production.</p><p>Apple is expected to move around 5% of the production of its latest iPhone 14 to India, the second-largest smartphone market after China. Additionally, the company is expected by JP Morgan analysts to move a quarter of all Apple products&#39; production to India by 2025. We&#39;re constructive on Apple&#39;s efforts to diversify production but believe these plans are too late to save Apple from the impact of production issues that occurred late last year.</p><p><b>Valuation</b></p><p>Apple stock is not cheap, trading at 18.5x C2024 EPS $6.83 on a P/E basis compared to the peer group average of 16.8x. On an EV/Sales metric, the stock is trading at 4.8x versus the peer group average of 4.0x. We believe Apple is overvalued for the near-term risks present and recommend investors wait for a better entry point on the stock.</p><p>The following table outlines Apple&#39;s valuation compared to the peer group.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/710a8d9d5e73027c6b117b567a7866da\" tg-width=\"640\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>TechStockPros</span></p><p><b>Word on Wall Street</b></p><p>Wall Street is bullish on Apple. Of the 41 analysts covering the stock, 33 are buy-rated, seven are hold-rated, and the remaining are sell-rated. We believe most Wall Street analysts maintain a buy-rating on the stock due to the belief that Apple will be able to weather supply chain issues resulting from China&#39;s supply-chain disruptions. The stock is currently trading at $126. The median and mean sell-side price targets are $175, with a potential upside of 39%.</p><p>The following table outlines Apple&#39;s sell-side rating and price targets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c363a45422366e463159055274ebe76\" tg-width=\"560\" tg-height=\"273\" width=\"100%\" height=\"auto\"/><span>TechStockPros</span></p><p><b>What to do with the stock</b></p><p>We believe Apple is weighed down by the aftermath of production issues in China alongside weaker-than-expected consumer demand in its strongest market hold in the U.S. We expect the stock to continue to drop further by nearly 21% to trading at $100 per share. Hence, we don&#39;t expect the company to grow meaningfully in the near term. We&#39;re constructive on Apple in the longer term as it plans to outsource more production to India toward 2024. Nevertheless, we expect Apple&#39;s 1Q23 earnings scheduled for early February to reflect the negatives of the holiday season and pull the stock down further. We recommend investors wait on the sideline for the downside to being factored in.</p><p>This article is written by Tech Stock Pros for reference only. Please note the risks.</p></body></html>","source":"seekingalpha_fund","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: Buy Below $100?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: Buy Below $100?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-07 08:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4568211-aapl-stock-investors-wait-better-entry-point-hold><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple's market cap dipped below $2tn in trading for the first time since early 2021. We continue to be hold-rated on Apple.We expect Apple stock will drop to $100 as the company cleans up the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4568211-aapl-stock-investors-wait-better-entry-point-hold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4575":"芯片概念","LU0056508442.USD":"贝莱德世界科技基金A2","BK4566":"资本集团","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4559":"巴菲特持仓","BK4576":"AR","BK4501":"段永平概念","LU0109392836.USD":"富兰克林科技股A","LU0234572021.USD":"高盛美国核心股票组合Acc","AAPL":"苹果","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","BK4505":"高瓴资本持仓","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","BK4512":"苹果概念","LU0444971666.USD":"天利全球科技基金","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4170":"电脑硬件、储存设备及电脑周边","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4553":"喜马拉雅资本持仓","BK4571":"数字音乐概念","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","BK4507":"流媒体概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4585":"ETF&股票定投概念","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc"},"source_url":"https://seekingalpha.com/article/4568211-aapl-stock-investors-wait-better-entry-point-hold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2301724633","content_text":"SummaryApple's market cap dipped below $2tn in trading for the first time since early 2021. We continue to be hold-rated on Apple.We expect Apple stock will drop to $100 as the company cleans up the mess of production disruptions in China.We believe it's time to bring up the discussion of Apple diversifying its production away from China; we expect to see Apple shift away from a China-centered production toward 2024.Despite China's reopening efforts, we expect Apple to still be pressured in the near term by risks of increased COVID cases causing worker shortages.Hence, we recommend investors wait for a better entry point on Apple stock.Scott Olson/Getty Images NewsWe see our expectations of Apple (NASDAQ:AAPL) stock materialize and hence maintain our hold rating. Apple was the first public tech company valued at $3tn, and on Tuesday fell below $2tn in trading for the first time since 2021. Weexpect Apple to continue facing churn as it deals with the aftermath of supply chain issues in China. In late November, management warned of significant disruption just before the holiday season, forecasting subdued sales growth around Christmas, amounting to 8%. Despite China's efforts to rapidly move away from lockdown restrictions, our biggest concern for Apple is still the geographic concentration of iPhone production in China and a potential shortage of workers due to China lifting COVID regulations. We believe Apple will experience a bumpy first half of 2023. We recommend investors avoid buying the dip just yet as we forecast more downside ahead.We expect Apple stock to fall below $100 per share. The stock has already dropped nearly 18% since we first published our hold rating in mid-September. The following graph outlines our rating history on Apple over the past year.SeekingAlphaTime to discuss diversifying production: Exiting ChinaDespite China's efforts to move away from lockdown restrictions, we still don't believe Apple is out of the woods. Apple is working on resorting production after the Foxconn factory went through a series of turmoil from COVID restrictions to worker protests. Apple heavily relies on Chinese Foxconn for 90% of planned production capacity, and we believe Apple's geographic concentration of production has caught up to it over the past several months. The wait time for Apple's latest iPhone models, 14 Pro and 14 Pro Max, in the U.S. reached up to 34 days before Christmas. We expect the slowed-down production to reflect negatively on Apple's earnings in 1Q23. Wedbush Securities analyst Daniel Ives estimates the production disruptions to have cost Apple roughly $1bn a week in November from losses in iPhone sales.Despite Foxconn now shipping at 90% of peak capacity, we don't believe Apple will easily compensate for the losses created near the end of 2022. We expect the downside of production issues in China to cause the stock to drop below $100 per share. Our bearish sentiment on Apple in the first half of 2023 is based on the belief that the consequences of production disruptions are still pressuring the company. Additionally, we believe China's reopening creates a new risk for Apple's factories: potential worker shortages in factories across the country. Bindiya Vakil, Chief executive of a California-based group that tracks supply-chain services, reported expecting \"a lot of operations get impacted by absenteeism, not just at factories, but a warehouse, distribution, logistics and transportation facilities as well.\" We expect the next couple of months will be defining for Apple to be able to restore production smoothly and make up for the shortcomings of 2022.Plans to move more production to IndiaApple announced plans tomove more productionand assembly processes to India in 2024. Foxconn announced it would invest $500 mn in an Indian subsidiary to help boost operational capacity. Apple already produces iPhone models in India since 2017; we expect production outside of China to increase as Apple and other global firms adopt a \"plus-one strategy\" to de-risk themselves from overly relying on China for production.Apple is expected to move around 5% of the production of its latest iPhone 14 to India, the second-largest smartphone market after China. Additionally, the company is expected by JP Morgan analysts to move a quarter of all Apple products' production to India by 2025. We're constructive on Apple's efforts to diversify production but believe these plans are too late to save Apple from the impact of production issues that occurred late last year.ValuationApple stock is not cheap, trading at 18.5x C2024 EPS $6.83 on a P/E basis compared to the peer group average of 16.8x. On an EV/Sales metric, the stock is trading at 4.8x versus the peer group average of 4.0x. We believe Apple is overvalued for the near-term risks present and recommend investors wait for a better entry point on the stock.The following table outlines Apple's valuation compared to the peer group.TechStockProsWord on Wall StreetWall Street is bullish on Apple. Of the 41 analysts covering the stock, 33 are buy-rated, seven are hold-rated, and the remaining are sell-rated. We believe most Wall Street analysts maintain a buy-rating on the stock due to the belief that Apple will be able to weather supply chain issues resulting from China's supply-chain disruptions. The stock is currently trading at $126. The median and mean sell-side price targets are $175, with a potential upside of 39%.The following table outlines Apple's sell-side rating and price targets.TechStockProsWhat to do with the stockWe believe Apple is weighed down by the aftermath of production issues in China alongside weaker-than-expected consumer demand in its strongest market hold in the U.S. We expect the stock to continue to drop further by nearly 21% to trading at $100 per share. Hence, we don't expect the company to grow meaningfully in the near term. We're constructive on Apple in the longer term as it plans to outsource more production to India toward 2024. Nevertheless, we expect Apple's 1Q23 earnings scheduled for early February to reflect the negatives of the holiday season and pull the stock down further. We recommend investors wait on the sideline for the downside to being factored in.This article is written by Tech Stock Pros for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923424296,"gmtCreate":1670896029316,"gmtModify":1676538455744,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9923424296","repostId":"2291371097","repostType":4,"repost":{"id":"2291371097","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1670886099,"share":"https://ttm.financial/m/news/2291371097?lang=&edition=fundamental","pubTime":"2022-12-13 07:01","market":"us","language":"en","title":"Wall St Rallies With Inflation, Fed on Tap","url":"https://stock-news.laohu8.com/highlight/detail?id=2291371097","media":"Reuters","summary":"* Nov CPI due Tuesday, Fed policy statement set for Wed* Microsoft up on plans to buy LSE stake* Pfi","content":"<html><head></head><body><p>* Nov CPI due Tuesday, Fed policy statement set for Wed</p><p>* Microsoft up on plans to buy LSE stake</p><p>* Pfizer shares higher after drug and vaccine revenue outlook</p><p>* Dow up 1.58%, S&amp;P 500 up 1.43%, Nasdaq up 1.26%</p><p><img src=\"https://static.tigerbbs.com/11040d4e5ffe04703dfb3485f85d7d8a\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Dec 12 (Reuters) - U.S. stock indexes rallied to kick off the trading week on Monday, lifted in part by gains in Microsoft and Pfizer, as investors girded for inflation data on Tuesday and a policy announcement from the Federal Reserve later in the week.</p><p>Microsoft Corp rose 2.89% following the tech giant&#39;s deal to buy a 4% stake in the London Stock Exchange Group, helping to boost each of the three major indexes.</p><p>After strong gains in October and November, the benchmark S&amp;P 500 stumbled out of the gate in December, and suffered its biggest weekly percentage decline in nearly three months as mixed economic data helped fuel recession concerns.</p><p>Consumer inflation data will be closely monitored on Tuesday, and is expected to show prices increased by 7.3% in November on an annual basis, slowing from the 7.7% rise in the previous month, while the &#34;core&#34; reading which excludes food and energy is expected to show a 6.1% increase from the 6.3% in the prior month.</p><p>&#34;The market is pricing in a 6-handle on the CPI tomorrow versus the 7.3% that is expected, and if it has a 6-handle on it, then that would be reason enough to get all excited, at least short-term,&#34; said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.</p><p>&#34;The other thing is they are once again expecting Jay Powell to come out and have a dovish tone, which would be a huge mistake. Jay Powell needs to stop giving anyone the inclination they are softening up or they are being dovish.&#34;</p><p>The Dow Jones Industrial Average rose 528.58 points, or 1.58%, to 34,005.04, the S&amp;P 500 gained 56.18 points, or 1.43%, to 3,990.56 and the Nasdaq Composite added 139.12 points, or 1.26%, to 11,143.74.</p><p>The rally marked the biggest one-day percentage gain for each of the three major indexes since Nov. 30, and each of the 11 major S&amp;P sectors ended the session in positive territory.</p><p>Pfizer shares gained 0.85% after the drugmaker gave revenue forecasts from vaccines across its portfolio.</p><p>A cooler than expected inflation report would help support the belief the aggressive policy actions taken by the Fed this year to slow the economy are taking hold. The central bank is widely expected to hike by 50 basis points on Wednesday, which would mark a step down from the hikes of 75 basis points in the last four meetings.</p><p>Equities were weaker on Friday after a reading of producer prices for November was more than expected, even though it did show the trend was moderating.</p><p>Fears the Fed will make a policy mistake and tilt the economy into a recession have weighed heavily on Wall Street this year, with the S&amp;P 500 down about 16% and on track for its first yearly drop since 2018 and largest percentage drop since 2008.</p><p>Rivian Automotive Inc slumped 6.16% after the company paused its partnership discussions with Mercedes-Benz Vans on electric van production in Europe.</p><p>Biotech firm Horizon Therapeutics Plc surged 15.49% following a buyout offer from Amgen Inc, while <a href=\"https://laohu8.com/S/COUP\">Coupa Software Inc</a> soared 26.67% after agreeing to sell itself to private equity firm Thoma Bravo LLC.</p><p>Weber Inc climbed 23.23% after the outdoor cooking firm agreed to be taken private by controlling shareholder BDT Capital Partners LLC.</p><p>Volume on U.S. exchanges was 10.35 billion shares, compared with the 10.49 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.67-to-1 ratio; on Nasdaq, a 1.43-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 73 new highs and 264 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Rallies With Inflation, Fed on Tap</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St Rallies With Inflation, Fed on Tap\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-13 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Nov CPI due Tuesday, Fed policy statement set for Wed</p><p>* Microsoft up on plans to buy LSE stake</p><p>* Pfizer shares higher after drug and vaccine revenue outlook</p><p>* Dow up 1.58%, S&amp;P 500 up 1.43%, Nasdaq up 1.26%</p><p><img src=\"https://static.tigerbbs.com/11040d4e5ffe04703dfb3485f85d7d8a\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Dec 12 (Reuters) - U.S. stock indexes rallied to kick off the trading week on Monday, lifted in part by gains in Microsoft and Pfizer, as investors girded for inflation data on Tuesday and a policy announcement from the Federal Reserve later in the week.</p><p>Microsoft Corp rose 2.89% following the tech giant&#39;s deal to buy a 4% stake in the London Stock Exchange Group, helping to boost each of the three major indexes.</p><p>After strong gains in October and November, the benchmark S&amp;P 500 stumbled out of the gate in December, and suffered its biggest weekly percentage decline in nearly three months as mixed economic data helped fuel recession concerns.</p><p>Consumer inflation data will be closely monitored on Tuesday, and is expected to show prices increased by 7.3% in November on an annual basis, slowing from the 7.7% rise in the previous month, while the &#34;core&#34; reading which excludes food and energy is expected to show a 6.1% increase from the 6.3% in the prior month.</p><p>&#34;The market is pricing in a 6-handle on the CPI tomorrow versus the 7.3% that is expected, and if it has a 6-handle on it, then that would be reason enough to get all excited, at least short-term,&#34; said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.</p><p>&#34;The other thing is they are once again expecting Jay Powell to come out and have a dovish tone, which would be a huge mistake. Jay Powell needs to stop giving anyone the inclination they are softening up or they are being dovish.&#34;</p><p>The Dow Jones Industrial Average rose 528.58 points, or 1.58%, to 34,005.04, the S&amp;P 500 gained 56.18 points, or 1.43%, to 3,990.56 and the Nasdaq Composite added 139.12 points, or 1.26%, to 11,143.74.</p><p>The rally marked the biggest one-day percentage gain for each of the three major indexes since Nov. 30, and each of the 11 major S&amp;P sectors ended the session in positive territory.</p><p>Pfizer shares gained 0.85% after the drugmaker gave revenue forecasts from vaccines across its portfolio.</p><p>A cooler than expected inflation report would help support the belief the aggressive policy actions taken by the Fed this year to slow the economy are taking hold. The central bank is widely expected to hike by 50 basis points on Wednesday, which would mark a step down from the hikes of 75 basis points in the last four meetings.</p><p>Equities were weaker on Friday after a reading of producer prices for November was more than expected, even though it did show the trend was moderating.</p><p>Fears the Fed will make a policy mistake and tilt the economy into a recession have weighed heavily on Wall Street this year, with the S&amp;P 500 down about 16% and on track for its first yearly drop since 2018 and largest percentage drop since 2008.</p><p>Rivian Automotive Inc slumped 6.16% after the company paused its partnership discussions with Mercedes-Benz Vans on electric van production in Europe.</p><p>Biotech firm Horizon Therapeutics Plc surged 15.49% following a buyout offer from Amgen Inc, while <a href=\"https://laohu8.com/S/COUP\">Coupa Software Inc</a> soared 26.67% after agreeing to sell itself to private equity firm Thoma Bravo LLC.</p><p>Weber Inc climbed 23.23% after the outdoor cooking firm agreed to be taken private by controlling shareholder BDT Capital Partners LLC.</p><p>Volume on U.S. exchanges was 10.35 billion shares, compared with the 10.49 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.67-to-1 ratio; on Nasdaq, a 1.43-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 73 new highs and 264 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","HZNP":"Horizon Pharma","RIVN":"Rivian Automotive, Inc.",".DJI":"道琼斯","CPNG":"Coupang, Inc.","WEBR":"Weber Inc.","MSFT":"微软",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2291371097","content_text":"* Nov CPI due Tuesday, Fed policy statement set for Wed* Microsoft up on plans to buy LSE stake* Pfizer shares higher after drug and vaccine revenue outlook* Dow up 1.58%, S&P 500 up 1.43%, Nasdaq up 1.26%NEW YORK, Dec 12 (Reuters) - U.S. stock indexes rallied to kick off the trading week on Monday, lifted in part by gains in Microsoft and Pfizer, as investors girded for inflation data on Tuesday and a policy announcement from the Federal Reserve later in the week.Microsoft Corp rose 2.89% following the tech giant's deal to buy a 4% stake in the London Stock Exchange Group, helping to boost each of the three major indexes.After strong gains in October and November, the benchmark S&P 500 stumbled out of the gate in December, and suffered its biggest weekly percentage decline in nearly three months as mixed economic data helped fuel recession concerns.Consumer inflation data will be closely monitored on Tuesday, and is expected to show prices increased by 7.3% in November on an annual basis, slowing from the 7.7% rise in the previous month, while the \"core\" reading which excludes food and energy is expected to show a 6.1% increase from the 6.3% in the prior month.\"The market is pricing in a 6-handle on the CPI tomorrow versus the 7.3% that is expected, and if it has a 6-handle on it, then that would be reason enough to get all excited, at least short-term,\" said Ken Polcari, managing partner at Kace Capital Advisors in Boca Raton, Florida.\"The other thing is they are once again expecting Jay Powell to come out and have a dovish tone, which would be a huge mistake. Jay Powell needs to stop giving anyone the inclination they are softening up or they are being dovish.\"The Dow Jones Industrial Average rose 528.58 points, or 1.58%, to 34,005.04, the S&P 500 gained 56.18 points, or 1.43%, to 3,990.56 and the Nasdaq Composite added 139.12 points, or 1.26%, to 11,143.74.The rally marked the biggest one-day percentage gain for each of the three major indexes since Nov. 30, and each of the 11 major S&P sectors ended the session in positive territory.Pfizer shares gained 0.85% after the drugmaker gave revenue forecasts from vaccines across its portfolio.A cooler than expected inflation report would help support the belief the aggressive policy actions taken by the Fed this year to slow the economy are taking hold. The central bank is widely expected to hike by 50 basis points on Wednesday, which would mark a step down from the hikes of 75 basis points in the last four meetings.Equities were weaker on Friday after a reading of producer prices for November was more than expected, even though it did show the trend was moderating.Fears the Fed will make a policy mistake and tilt the economy into a recession have weighed heavily on Wall Street this year, with the S&P 500 down about 16% and on track for its first yearly drop since 2018 and largest percentage drop since 2008.Rivian Automotive Inc slumped 6.16% after the company paused its partnership discussions with Mercedes-Benz Vans on electric van production in Europe.Biotech firm Horizon Therapeutics Plc surged 15.49% following a buyout offer from Amgen Inc, while Coupa Software Inc soared 26.67% after agreeing to sell itself to private equity firm Thoma Bravo LLC.Weber Inc climbed 23.23% after the outdoor cooking firm agreed to be taken private by controlling shareholder BDT Capital Partners LLC.Volume on U.S. exchanges was 10.35 billion shares, compared with the 10.49 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.67-to-1 ratio; on Nasdaq, a 1.43-to-1 ratio favored advancers.The S&P 500 posted 2 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 73 new highs and 264 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9929782224,"gmtCreate":1670732145168,"gmtModify":1676538425263,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9929782224","repostId":"2290213223","repostType":4,"repost":{"id":"2290213223","kind":"highlight","pubTimestamp":1670723606,"share":"https://ttm.financial/m/news/2290213223?lang=&edition=fundamental","pubTime":"2022-12-11 09:53","market":"us","language":"en","title":"Why Stock-Market Investors Shouldn’t Count on a \"Santa Claus\" Rally This Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2290213223","media":"MarketWatch","summary":"‘The Santa Claus rally is canceled this year,’ says economistU.S. stocks tend to rally in the final ","content":"<html><head></head><body><p>‘The Santa Claus rally is canceled this year,’ says economist</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e0a959345916d49ecfb90abc84cc5b97\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>U.S. stocks tend to rally in the final week of December, and carry the upswing into early January. But a holiday bounce this year likely hinges on next week’s Federal Reserve rate decision and fresh inflation data.</span></p><p>Investors, like kids on Christmas Eve, have come to expect Santa Claus will get down the chimney, march over to Wall Street and deliver the rewarding gift of a stock-market rally.</p><p>This year, however, investors might be better off betting on a lump of coal, rather than waiting for tangible stock-market gains to emerge in this holiday season, market analysts said.</p><p>“The Santa Claus rally is canceled this year as the equity market navigates higher yields and contracting earnings,” said José Torres, senior economist at Interactive Brokers. “Seasonal tailwinds that have traditionally driven Santa Claus rallies pale in comparison to the plethora of headwinds the equity market currently faces.”</p><p>U.S. stock indexes tumbled this week, with the S&amp;P 500 and the Dow Jones Industrial Average both booking their sharpest weekly declines in nearly three months, according to Dow Jones Market Data. The drop occurred as stronger-than-expected economic data added to concerns that the Federal Reserve might need to be more aggressive in its inflation battle than earlier anticipated, even with alarms flashing about a potential economic recession.</p><p>Santa Claus tends to come to Wall Street almost every year, bringing a short rally in the last five trading days of December, and the first two days of January. Since 1969, the Santa Rally has boosted the S&amp;P 500 by an average of 1.3%, according to data from Stock Trader’s Almanac.</p><p>“December is the seasonally strongest month of the year, particularly in a midterm election year. So, December has been positive most of the time,” said David Keller, chief market strategist at StockCharts.com. “It would actually be very unusual for stocks to sell off dramatically in December.”</p><p><b>Will Wall Street get a Santa Claus Rally?</b></p><p>A rotten year for financial assets has begun drawing to a close under a cloud of uncertainty. Given the Federal Reserve’s tough stance on bringing inflation down to its 2% target and already volatile financial markets, many analysts think investors shouldn’t focus too much on whether Santa Claus ends up being naughty or nice.</p><p>“Next week is going to be a huge week for the markets as they attempt to find some footing heading into year end,” said Cliff Hodge, chief investment officer at Cornerstone Wealth, in emailed comments Friday.</p><p>That makes the Fed’s rate decisions next week and fresh inflation data even more crucial to equity markets. Friday’s wholesale prices rose more than expected in November, dampening hopes that inflation might be cooling off. The core producer-price index, which excludes volatile food, energy and trade prices, also rose 0.3% in November, up from a 0.2% gain in the prior month, the Labor Department said.</p><p>The corresponding November consumer-price index report, due at 8:30 a.m. Eastern on Tuesday, will further show if inflation is subsiding.The CPI increased 0.4% in October and 7.7% from a year ago. The core reading increased 0.3% for the month and 6.3% on an annual basis.</p><p>“If the CPI print comes in at 5% on core, then you’d get a real selloff in bonds and in equities. If inflation is still running hotter and you have a recession, can the Fed cut rates? Maybe not. Then you start getting into the stagflation scenarios,” said Ron Temple, head of U.S. equities at Lazard Asset Management.</p><p>Traders are pricing in a 77% probability that the Fed will raise its policy interest rate by 50 basis points to a range of 4.25% to 4.50% next Wednesday, the last day of its Dec. 13-14 meeting, according to the CME FedWatch tool.That would be a slower pace than its four consecutive 0.75 point rate hikes since June.</p><p>John Porter, chief investment officer and head of equity at Newton Investment Management, expects no surprises next week in terms of how much the Fed will raise interest rates. He does, however, anticipate stock-market investors will closely watch Fed Chair Powell’s press conference for insights into the decision and “hang on every single word.”</p><p>“Investors are contorting themselves almost into a pretzel and trying to over-interpret the language,” Porter told MarketWatch via phone. “Listen to what they say, not listen to what you want them to say. They [Fed officials] are going to continue to be vigilant, and they have to watch inflation.”</p><p><b>Does the ‘Santa’ rally really exist?</b></p><p>For years, market analysts have examined potential reasons for the typical seasonal Santa Claus pattern. But with this year still awash in red, some think a rally in late December could become a self-fulfilling prophecy, simply because investors might search for any reason to be slightly merry.</p><p>“If everyone’s focused on the positive seasonals, it could become more of this narrative that drives things rather than anything more fundamental,” David Lefkowitz, head of equities Americas of UBS Global Wealth Management, told MarketWatch via phone.</p><p>“Markets tend to like the holly-jolly spending season so much, so there’s a name for the rally that tends to happen at the end of the year,” said Liz Young, head of investment strategy at SoFi. “For what it’s worth, I think ‘Santa Claus Rally’ holds as much predictive power as ‘Sell in May and Walk Away,’ which is minimal and coincidental at best.”</p><p><b>Relief rally’s big tests</b></p><p>While the three main U.S. stock indexes booked sharply weekly losses, equities have rallied off the October lows. The S&amp;P 500 has rallied 9.9% from its October low through Friday, while the Dow Jones Industrial AverageDJIA,-0.90%gained 16.5% and the Nasdaq Composite advanced 6.6%, according to Dow Jones Market Data.</p><p>However, many top Wall Street analysts also see reasons for alarm, specifically that the stock market’s bounce off the recent lows is likely running out of room.</p><p>So, are investors ignoring warnings? Despite talk of the seeming inevitability of a year-end rally, several recent rally attempts failed, while Wall Street’s CBOE Volatility Index, or “fear gauge,” was at 22.86 at Friday’s close. A drop below 20 on the VIX can signify that investor fears about potential market ructions are easing.</p><p>U.S. stock indexes closed down on Friday with the S&amp;P 500 losing 0.7%. The Dow dropped 0.9%, and the Nasdaq shed 0.7%. Three major indexes booked a week of sizable losses with the S&amp;P 500 posting a weekly decline of 3.4%. The Dow declined by 2.8% and the Nasdaq Composite was down nearly 4% this week, according to Dow Jones Market Data.</p><p>Next week, not long after the CPI and the Fed decision, investors will also receive November retail sales data and industrial production index on Thursday, followed by the S&amp;P Global’s flash PMI readings on Friday.</p></body></html>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Stock-Market Investors Shouldn’t Count on a \"Santa Claus\" Rally This Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Stock-Market Investors Shouldn’t Count on a \"Santa Claus\" Rally This Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-11 09:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-stock-market-investors-shouldnt-count-on-a-santa-claus-rally-this-year-11670628375?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘The Santa Claus rally is canceled this year,’ says economistU.S. stocks tend to rally in the final week of December, and carry the upswing into early January. But a holiday bounce this year likely ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-stock-market-investors-shouldnt-count-on-a-santa-claus-rally-this-year-11670628375?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/why-stock-market-investors-shouldnt-count-on-a-santa-claus-rally-this-year-11670628375?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290213223","content_text":"‘The Santa Claus rally is canceled this year,’ says economistU.S. stocks tend to rally in the final week of December, and carry the upswing into early January. But a holiday bounce this year likely hinges on next week’s Federal Reserve rate decision and fresh inflation data.Investors, like kids on Christmas Eve, have come to expect Santa Claus will get down the chimney, march over to Wall Street and deliver the rewarding gift of a stock-market rally.This year, however, investors might be better off betting on a lump of coal, rather than waiting for tangible stock-market gains to emerge in this holiday season, market analysts said.“The Santa Claus rally is canceled this year as the equity market navigates higher yields and contracting earnings,” said José Torres, senior economist at Interactive Brokers. “Seasonal tailwinds that have traditionally driven Santa Claus rallies pale in comparison to the plethora of headwinds the equity market currently faces.”U.S. stock indexes tumbled this week, with the S&P 500 and the Dow Jones Industrial Average both booking their sharpest weekly declines in nearly three months, according to Dow Jones Market Data. The drop occurred as stronger-than-expected economic data added to concerns that the Federal Reserve might need to be more aggressive in its inflation battle than earlier anticipated, even with alarms flashing about a potential economic recession.Santa Claus tends to come to Wall Street almost every year, bringing a short rally in the last five trading days of December, and the first two days of January. Since 1969, the Santa Rally has boosted the S&P 500 by an average of 1.3%, according to data from Stock Trader’s Almanac.“December is the seasonally strongest month of the year, particularly in a midterm election year. So, December has been positive most of the time,” said David Keller, chief market strategist at StockCharts.com. “It would actually be very unusual for stocks to sell off dramatically in December.”Will Wall Street get a Santa Claus Rally?A rotten year for financial assets has begun drawing to a close under a cloud of uncertainty. Given the Federal Reserve’s tough stance on bringing inflation down to its 2% target and already volatile financial markets, many analysts think investors shouldn’t focus too much on whether Santa Claus ends up being naughty or nice.“Next week is going to be a huge week for the markets as they attempt to find some footing heading into year end,” said Cliff Hodge, chief investment officer at Cornerstone Wealth, in emailed comments Friday.That makes the Fed’s rate decisions next week and fresh inflation data even more crucial to equity markets. Friday’s wholesale prices rose more than expected in November, dampening hopes that inflation might be cooling off. The core producer-price index, which excludes volatile food, energy and trade prices, also rose 0.3% in November, up from a 0.2% gain in the prior month, the Labor Department said.The corresponding November consumer-price index report, due at 8:30 a.m. Eastern on Tuesday, will further show if inflation is subsiding.The CPI increased 0.4% in October and 7.7% from a year ago. The core reading increased 0.3% for the month and 6.3% on an annual basis.“If the CPI print comes in at 5% on core, then you’d get a real selloff in bonds and in equities. If inflation is still running hotter and you have a recession, can the Fed cut rates? Maybe not. Then you start getting into the stagflation scenarios,” said Ron Temple, head of U.S. equities at Lazard Asset Management.Traders are pricing in a 77% probability that the Fed will raise its policy interest rate by 50 basis points to a range of 4.25% to 4.50% next Wednesday, the last day of its Dec. 13-14 meeting, according to the CME FedWatch tool.That would be a slower pace than its four consecutive 0.75 point rate hikes since June.John Porter, chief investment officer and head of equity at Newton Investment Management, expects no surprises next week in terms of how much the Fed will raise interest rates. He does, however, anticipate stock-market investors will closely watch Fed Chair Powell’s press conference for insights into the decision and “hang on every single word.”“Investors are contorting themselves almost into a pretzel and trying to over-interpret the language,” Porter told MarketWatch via phone. “Listen to what they say, not listen to what you want them to say. They [Fed officials] are going to continue to be vigilant, and they have to watch inflation.”Does the ‘Santa’ rally really exist?For years, market analysts have examined potential reasons for the typical seasonal Santa Claus pattern. But with this year still awash in red, some think a rally in late December could become a self-fulfilling prophecy, simply because investors might search for any reason to be slightly merry.“If everyone’s focused on the positive seasonals, it could become more of this narrative that drives things rather than anything more fundamental,” David Lefkowitz, head of equities Americas of UBS Global Wealth Management, told MarketWatch via phone.“Markets tend to like the holly-jolly spending season so much, so there’s a name for the rally that tends to happen at the end of the year,” said Liz Young, head of investment strategy at SoFi. “For what it’s worth, I think ‘Santa Claus Rally’ holds as much predictive power as ‘Sell in May and Walk Away,’ which is minimal and coincidental at best.”Relief rally’s big testsWhile the three main U.S. stock indexes booked sharply weekly losses, equities have rallied off the October lows. The S&P 500 has rallied 9.9% from its October low through Friday, while the Dow Jones Industrial AverageDJIA,-0.90%gained 16.5% and the Nasdaq Composite advanced 6.6%, according to Dow Jones Market Data.However, many top Wall Street analysts also see reasons for alarm, specifically that the stock market’s bounce off the recent lows is likely running out of room.So, are investors ignoring warnings? Despite talk of the seeming inevitability of a year-end rally, several recent rally attempts failed, while Wall Street’s CBOE Volatility Index, or “fear gauge,” was at 22.86 at Friday’s close. A drop below 20 on the VIX can signify that investor fears about potential market ructions are easing.U.S. stock indexes closed down on Friday with the S&P 500 losing 0.7%. The Dow dropped 0.9%, and the Nasdaq shed 0.7%. Three major indexes booked a week of sizable losses with the S&P 500 posting a weekly decline of 3.4%. The Dow declined by 2.8% and the Nasdaq Composite was down nearly 4% this week, according to Dow Jones Market Data.Next week, not long after the CPI and the Fed decision, investors will also receive November retail sales data and industrial production index on Thursday, followed by the S&P Global’s flash PMI readings on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967838223,"gmtCreate":1670291374263,"gmtModify":1676538338180,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9967838223","repostId":"2289919187","repostType":4,"repost":{"id":"2289919187","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1670275924,"share":"https://ttm.financial/m/news/2289919187?lang=&edition=fundamental","pubTime":"2022-12-06 05:32","market":"us","language":"en","title":"US STOCKS-Wall St Slides As Services Data Spooks Investors About Fed Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=2289919187","media":"Reuters","summary":"(Reuters) - U.S. markets ended Monday lower, as investors spooked by better-than-expected data from ","content":"<html><head></head><body><p>(Reuters) - U.S. markets ended Monday lower, as investors spooked by better-than-expected data from the services sector re-evaluated whether the Federal Reserve could hike interest rates for longer, while shares of Tesla slid on reports of a production cut in China.</p><p>The electric-vehicle maker slumped 6.4% on plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month.</p><p>This weighed on the Nasdaq, where Tesla was one of the biggest fallers, pulling the tech-heavy index to its second straight decline.</p><p>Broadly, indexes suffered as data showed U.S. services industry activity unexpectedly picked up in November, with employment rebounding, offering more evidence of underlying momentum in the economy.</p><p>The data came on the heels of a survey last week that showed stronger-than-expected job and wage growth in November, challenging hopes that the Fed might slow the pace and intensity of its rate hikes amid recent signs of ebbing inflation.</p><p>&#34;Today is a bit of a response to Friday, because that jobs report, showing the economy was not slowing down that much, was contrary to the message which (Chair Jerome) Powell had delivered on Wednesday afternoon,&#34; said Bernard Drury, CEO of Drury Capital, referencing comments made by the head of the Federal Reserve saying it was time to slow the pace of coming interest rate hikes.</p><p>&#34;We&#39;re back to inflation-fighting mode,&#34; Drury added.</p><p>Investors see an 89% chance that the U.S. central bank will increase interest rates by 50 basis points next week to 4.25%-4.50%, with the rates peaking at 4.984% in May 2023.</p><p>The rate-setting Federal Open Market Committee meets on Dec. 13-14, the final meeting in a volatile year, which saw the central bank attempt to arrest a multi-decade rise in inflation with record interest rate hikes.</p><p>The aggressive policy tightening has also triggered worries of an economic downturn, with JPMorgan, Citigroup and BlackRock among those that believe a recession is likely in 2023.</p><p>The Dow Jones Industrial Average fell 482.78 points, or 1.4%, to close at 33,947.1, the S&amp;P 500 lost 72.86 points, or 1.79%, to end on 3,998.84, and the Nasdaq Composite dropped 221.56 points, or 1.93%, to finish on 11,239.94.</p><p>In other economic data this week, investors will also monitor weekly jobless claims, producer prices and the University of Michigan&#39;s consumer sentiment survey for more clues on the health of the U.S. economy.</p><p>Energy was among the biggest S&amp;P sectoral losers, dropping 2.9%. It was weighed by U.S. natural gas futures slumping more than 10% on Monday, as the outlook dimmed due to forecasts for milder weather and the delayed restart of the Freeport liquefied natural gas (LNG) export plant.</p><p>EQT Corp, one of the largest U.S. natural gas producers, was the steepest faller on the energy index, closing 7.2% lower.</p><p>Financials were also hit hard, slipping 2.5%. Although bank profits are typically boosted by rising interest rates, they are also sensitive to concerns about bad loans or slowing loan growth amid an economic downturn.</p><p>Meanwhile, apparel maker VF Corp dropped 11.2% - its largest one-day decline since March 2020 - after announcing the sudden retirement of CEO Steve Rendle. The firm, which owns names including outdoor wear brand The North Face and sneaker maker Vans, also cut its full-year sales and profit forecasts, blaming weaker-than-anticipated consumer demand.</p><p>Volume on U.S. exchanges was 10.78 billion shares, compared with the 11.04 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted six new 52-week highs and four new lows; the Nasdaq Composite recorded 105 new highs and 133 new lows. (Reporting by Shubham Batra, Ankika Biswas, Johann M Cherian and Devik Jain in Bengaluru and David French in New York; Editing by Anil D&#39;Silva, Shounak Dasgupta and Lisa Shumaker)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Slides As Services Data Spooks Investors About Fed Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Slides As Services Data Spooks Investors About Fed Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-06 05:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. markets ended Monday lower, as investors spooked by better-than-expected data from the services sector re-evaluated whether the Federal Reserve could hike interest rates for longer, while shares of Tesla slid on reports of a production cut in China.</p><p>The electric-vehicle maker slumped 6.4% on plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month.</p><p>This weighed on the Nasdaq, where Tesla was one of the biggest fallers, pulling the tech-heavy index to its second straight decline.</p><p>Broadly, indexes suffered as data showed U.S. services industry activity unexpectedly picked up in November, with employment rebounding, offering more evidence of underlying momentum in the economy.</p><p>The data came on the heels of a survey last week that showed stronger-than-expected job and wage growth in November, challenging hopes that the Fed might slow the pace and intensity of its rate hikes amid recent signs of ebbing inflation.</p><p>&#34;Today is a bit of a response to Friday, because that jobs report, showing the economy was not slowing down that much, was contrary to the message which (Chair Jerome) Powell had delivered on Wednesday afternoon,&#34; said Bernard Drury, CEO of Drury Capital, referencing comments made by the head of the Federal Reserve saying it was time to slow the pace of coming interest rate hikes.</p><p>&#34;We&#39;re back to inflation-fighting mode,&#34; Drury added.</p><p>Investors see an 89% chance that the U.S. central bank will increase interest rates by 50 basis points next week to 4.25%-4.50%, with the rates peaking at 4.984% in May 2023.</p><p>The rate-setting Federal Open Market Committee meets on Dec. 13-14, the final meeting in a volatile year, which saw the central bank attempt to arrest a multi-decade rise in inflation with record interest rate hikes.</p><p>The aggressive policy tightening has also triggered worries of an economic downturn, with JPMorgan, Citigroup and BlackRock among those that believe a recession is likely in 2023.</p><p>The Dow Jones Industrial Average fell 482.78 points, or 1.4%, to close at 33,947.1, the S&amp;P 500 lost 72.86 points, or 1.79%, to end on 3,998.84, and the Nasdaq Composite dropped 221.56 points, or 1.93%, to finish on 11,239.94.</p><p>In other economic data this week, investors will also monitor weekly jobless claims, producer prices and the University of Michigan&#39;s consumer sentiment survey for more clues on the health of the U.S. economy.</p><p>Energy was among the biggest S&amp;P sectoral losers, dropping 2.9%. It was weighed by U.S. natural gas futures slumping more than 10% on Monday, as the outlook dimmed due to forecasts for milder weather and the delayed restart of the Freeport liquefied natural gas (LNG) export plant.</p><p>EQT Corp, one of the largest U.S. natural gas producers, was the steepest faller on the energy index, closing 7.2% lower.</p><p>Financials were also hit hard, slipping 2.5%. Although bank profits are typically boosted by rising interest rates, they are also sensitive to concerns about bad loans or slowing loan growth amid an economic downturn.</p><p>Meanwhile, apparel maker VF Corp dropped 11.2% - its largest one-day decline since March 2020 - after announcing the sudden retirement of CEO Steve Rendle. The firm, which owns names including outdoor wear brand The North Face and sneaker maker Vans, also cut its full-year sales and profit forecasts, blaming weaker-than-anticipated consumer demand.</p><p>Volume on U.S. exchanges was 10.78 billion shares, compared with the 11.04 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted six new 52-week highs and four new lows; the Nasdaq Composite recorded 105 new highs and 133 new lows. (Reporting by Shubham Batra, Ankika Biswas, Johann M Cherian and Devik Jain in Bengaluru and David French in New York; Editing by Anil D&#39;Silva, Shounak Dasgupta and Lisa Shumaker)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289919187","content_text":"(Reuters) - U.S. markets ended Monday lower, as investors spooked by better-than-expected data from the services sector re-evaluated whether the Federal Reserve could hike interest rates for longer, while shares of Tesla slid on reports of a production cut in China.The electric-vehicle maker slumped 6.4% on plans to cut December output of the Model Y at its Shanghai plant by more than 20% from the previous month.This weighed on the Nasdaq, where Tesla was one of the biggest fallers, pulling the tech-heavy index to its second straight decline.Broadly, indexes suffered as data showed U.S. services industry activity unexpectedly picked up in November, with employment rebounding, offering more evidence of underlying momentum in the economy.The data came on the heels of a survey last week that showed stronger-than-expected job and wage growth in November, challenging hopes that the Fed might slow the pace and intensity of its rate hikes amid recent signs of ebbing inflation.\"Today is a bit of a response to Friday, because that jobs report, showing the economy was not slowing down that much, was contrary to the message which (Chair Jerome) Powell had delivered on Wednesday afternoon,\" said Bernard Drury, CEO of Drury Capital, referencing comments made by the head of the Federal Reserve saying it was time to slow the pace of coming interest rate hikes.\"We're back to inflation-fighting mode,\" Drury added.Investors see an 89% chance that the U.S. central bank will increase interest rates by 50 basis points next week to 4.25%-4.50%, with the rates peaking at 4.984% in May 2023.The rate-setting Federal Open Market Committee meets on Dec. 13-14, the final meeting in a volatile year, which saw the central bank attempt to arrest a multi-decade rise in inflation with record interest rate hikes.The aggressive policy tightening has also triggered worries of an economic downturn, with JPMorgan, Citigroup and BlackRock among those that believe a recession is likely in 2023.The Dow Jones Industrial Average fell 482.78 points, or 1.4%, to close at 33,947.1, the S&P 500 lost 72.86 points, or 1.79%, to end on 3,998.84, and the Nasdaq Composite dropped 221.56 points, or 1.93%, to finish on 11,239.94.In other economic data this week, investors will also monitor weekly jobless claims, producer prices and the University of Michigan's consumer sentiment survey for more clues on the health of the U.S. economy.Energy was among the biggest S&P sectoral losers, dropping 2.9%. It was weighed by U.S. natural gas futures slumping more than 10% on Monday, as the outlook dimmed due to forecasts for milder weather and the delayed restart of the Freeport liquefied natural gas (LNG) export plant.EQT Corp, one of the largest U.S. natural gas producers, was the steepest faller on the energy index, closing 7.2% lower.Financials were also hit hard, slipping 2.5%. Although bank profits are typically boosted by rising interest rates, they are also sensitive to concerns about bad loans or slowing loan growth amid an economic downturn.Meanwhile, apparel maker VF Corp dropped 11.2% - its largest one-day decline since March 2020 - after announcing the sudden retirement of CEO Steve Rendle. The firm, which owns names including outdoor wear brand The North Face and sneaker maker Vans, also cut its full-year sales and profit forecasts, blaming weaker-than-anticipated consumer demand.Volume on U.S. exchanges was 10.78 billion shares, compared with the 11.04 billion average for the full session over the last 20 trading days.The S&P 500 posted six new 52-week highs and four new lows; the Nasdaq Composite recorded 105 new highs and 133 new lows. (Reporting by Shubham Batra, Ankika Biswas, Johann M Cherian and Devik Jain in Bengaluru and David French in New York; Editing by Anil D'Silva, Shounak Dasgupta and Lisa Shumaker)","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980733455,"gmtCreate":1665809102877,"gmtModify":1676537668375,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9980733455","repostId":"2275952060","repostType":4,"repost":{"id":"2275952060","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1665788512,"share":"https://ttm.financial/m/news/2275952060?lang=&edition=fundamental","pubTime":"2022-10-15 07:01","market":"us","language":"en","title":"US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry","url":"https://stock-news.laohu8.com/highlight/detail?id=2275952060","media":"Reuters","summary":"* JPM reports higher-than-expected Q3 profit* S&P 500, Nasdaq post weekly declines* U.S. consumer se","content":"<html><head></head><body><p>* JPM reports higher-than-expected Q3 profit</p><p>* S&amp;P 500, Nasdaq post weekly declines</p><p>* U.S. consumer sentiment edges up October; inflation ests. worsen</p><p>* Dow down 1.34%, S&amp;P 500 down 2.37%, Nasdaq down 3.08%</p><p>NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve&#39;s aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.</p><p>In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.</p><p>&#34;The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher,&#34; said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>&#34;The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market.&#34;</p><p>On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.</p><p>Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued &#34;frontloading&#34; through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank&#39;s most recent projections.</p><p>The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&amp;P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.</p><p>Friday&#39;s decline marked the 37th time the S&amp;P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&amp;P 500 lost 1.56% and the Nasdaq fell 3.11%.</p><p>Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase &amp; Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo &amp; Co, up 1.86%, boosted the shares of each.</p><p>&#34;The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing,&#34; said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p><p>UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.</p><p>Analysts now expect third-quarter profits for S&amp;P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.</p><p>Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.</p><p>Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.</p><p>Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 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>US STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Drops As Consumer Data Stokes Inflation Worry\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-10-15 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* JPM reports higher-than-expected Q3 profit</p><p>* S&amp;P 500, Nasdaq post weekly declines</p><p>* U.S. consumer sentiment edges up October; inflation ests. worsen</p><p>* Dow down 1.34%, S&amp;P 500 down 2.37%, Nasdaq down 3.08%</p><p>NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve&#39;s aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.</p><p>In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.</p><p>&#34;The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher,&#34; said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>&#34;The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market.&#34;</p><p>On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.</p><p>Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued &#34;frontloading&#34; through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank&#39;s most recent projections.</p><p>The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&amp;P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.</p><p>Friday&#39;s decline marked the 37th time the S&amp;P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&amp;P 500 lost 1.56% and the Nasdaq fell 3.11%.</p><p>Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase &amp; Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo &amp; Co, up 1.86%, boosted the shares of each.</p><p>&#34;The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing,&#34; said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.</p><p>UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.</p><p>Analysts now expect third-quarter profits for S&amp;P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.</p><p>Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.</p><p>Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.</p><p>Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行","KR":"克罗格",".DJI":"道琼斯","UNH":"联合健康",".IXIC":"NASDAQ Composite","JPM":"摩根大通","TSLA":"特斯拉",".SPX":"S&P 500 Index","C":"花旗"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275952060","content_text":"* JPM reports higher-than-expected Q3 profit* S&P 500, Nasdaq post weekly declines* U.S. consumer sentiment edges up October; inflation ests. worsen* Dow down 1.34%, S&P 500 down 2.37%, Nasdaq down 3.08%NEW YORK, Oct 14 (Reuters) - U.S. stocks dropped on Friday as worsening inflation expectations kept intact worries that the Federal Reserve's aggressive rate hike path could trigger a recession, while investors digested the early stages of earnings season.In the last session of a volatile week, equities opened higher, then reversed course after data from the University of Michigan showed consumer sentiment improved in October but inflation expectations worsened as gasoline prices moved higher. Retail sales data also indicated resilience among consumers.\"The main thrust for the market right now is higher interest rates, higher inflation and the Fed is going to continue to move its fed funds target higher,\" said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.\"The narrative that we’ve seen peak inflation is not evident yet and that’s depressing the market.\"On Thursday, a reading on consumer prices (CPI) showed inflation remained stubbornly high.Fed officials have been largely in sync when commenting on the need to raise rates and St. Louis Fed President James Bullard said in a Reuters interview the recent CPI data warrants a continued \"frontloading\" through larger three-quarter-percentage point steps, although that does not necessarily mean rates need to be raised above the central bank's most recent projections.The Dow Jones Industrial Average fell 403.89 points, or 1.34%, to 29,634.83, the S&P 500 lost 86.84 points, or 2.37%, to 3,583.07 and the Nasdaq Composite dropped 327.76 points, or 3.08%, to 10,321.39.Friday's decline marked the 37th time the S&P 500 recorded a gain or loss of at least 2% compared with only seven such session in all of 2021. For the week, the Dow gained 1.15%, the S&P 500 lost 1.56% and the Nasdaq fell 3.11%.Corporate earnings season started to pick up steam and helped the bank index, which posted a narrow 0.03% gain after quarterly results from JPMorgan Chase & Co, up 1.66%, Citigroup Inc, up 0.65%, and Wells Fargo & Co, up 1.86%, boosted the shares of each.\"The message I got from them is things are looking pretty good from an economic perspective despite the challenges but they increased loan-loss reserves just in anticipation that you are going to see some more slowing,\" said Brian Jacobsen, senior investment strategist at Allspring Global Investments in Menomonee Falls, Wisconsin.UnitedHealth gained 0.63% as one of only three Dow components to move higher on the day after the health insurer posted better-than-expected quarterly results while raising its annual forecast.Analysts now expect third-quarter profits for S&P 500 companies to have risen just 3.6% from a year ago, much lower than an 11.1% increase expected at the start of July, according to Refinitiv data.Kroger Co shares dropped 7.32% after the supermarket chain said it would buy smaller rival Albertsons Companies Inc in a $24.6 billion deal.Tesla Inc slumped 7.55% following media reports that the electric vehicle maker has put on hold plans to launch battery cell production at its plant outside Berlin due to technical issues.Volume on U.S. exchanges was 10.88 billion shares, compared with the 11.48 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 4.20-to-1 ratio; on Nasdaq, a 2.87-to-1 ratio favored decliners.The S&P 500 posted 5 new 52-week highs and 7 new lows; the Nasdaq Composite recorded 71 new highs and 235 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}