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2023-03-11
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Elon Musk Exercises Options to Acquire 10,500 Tesla Shares - Filing
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2023-01-16
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Big Tech Companies Prep for a Tough Year
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2023-01-16
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US Dollar Shorts Become Favorite Trade as Fed Seen Slowing Hikes
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2022-12-16
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Top Calls on Wall Street: Meta, American Airlines, Trip.com and More
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2022-12-15
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Chinese Stock Delisting Threat Eases as US Gets Access to Audit Data
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2022-12-14
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The Fed Should Pause Its Rate Hikes Now That Inflation Has Slowed Significantly. But It Won’t
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2022-12-12
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Half-Price Tesla Stock Is Still No Bargain
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2022-12-07
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S&P 500 Opens Lower, Falling for a Fifth Day As Recession Risks Mount
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2022-12-06
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Dow Opens Lower As Markets Continue to Struggle This Week From Recession Worries
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2022-12-05
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Dow Opens 200 Points Lower on Fears the Fed Will Keep Tightening Into a Recession
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2022-12-04
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EU Backs Russian Oil Price Cap of $60 a Barrel
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2022-12-01
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2 Green Flags for Tesla's Future
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2022-11-30
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Powell Will Offer a New Mantra: Slow and Steady
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2022-11-28
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Taboola Surges 60% After Yahoo Enters Commercial Pact, Takes Stake
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2022-11-28
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Musk Says He Will Support DeSantis If Florida Governor Runs for President
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2022-11-28
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3 Tech Stocks You Can Count on in This Uncertain Market
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2022-11-25
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aliciatng
2022-11-23
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Tesla’s Stock Slump Has Gone Too Far, Morgan Stanley Says
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2022-11-22
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Apple And Taiwan Semiconductor: Let's Ask Buffett
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2022-11-21
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Top Calls on Wall Street: Disney, Amazon, Microsoft, Nio, Intel, Coinbase and More
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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":1678505326,"share":"https://www.laohu8.com/m/news/2318875225?lang=&edition=full","pubTime":"2023-03-11 11:28","market":"us","language":"en","title":"Elon Musk Exercises Options to Acquire 10,500 Tesla Shares - Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2318875225","media":"Reuters","summary":"(Reuters) - Tesla Inc Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shar","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a> Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shares of the electric-vehicle maker, U.S. securities filing showed on Friday.</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>Elon Musk Exercises Options to Acquire 10,500 Tesla Shares - Filing</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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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\">\nElon Musk Exercises Options to Acquire 10,500 Tesla Shares - Filing\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-11 11:28</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 Officer Elon Musk has exercised options to acquire 10,500 shares of the electric-vehicle maker, U.S. securities filing showed on Friday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318875225","content_text":"(Reuters) - Tesla Inc Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shares of the electric-vehicle maker, U.S. securities filing showed on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956908178,"gmtCreate":1673870502995,"gmtModify":1676538896686,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956908178","repostId":"2303310793","repostType":4,"repost":{"id":"2303310793","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":1673856215,"share":"https://www.laohu8.com/m/news/2303310793?lang=&edition=full","pubTime":"2023-01-16 16:03","market":"us","language":"en","title":"Big Tech Companies Prep for a Tough Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2303310793","media":"Dow Jones","summary":"Competitors, regulators and an economic slowdown have started to make a meaningful dent in the fortu","content":"<html><head></head><body><p>Competitors, regulators and an economic slowdown have started to make a meaningful dent in the fortunes of the largest tech companies</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1eb95977e567ba5ca770e314a77c3752\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/><span>Tighter regulation, a possible recession and retrenchment from their pandemic boom add up to a storm heading toward big tech companies.</span></p><p>A newly humbled cadre of globe-spanning tech giants are about to see their resilience tested.</p><p>For years, the biggest tech companies have been lauded by investors -- and at times assailed by smaller rivals and investigated by regulators -- for how they appeared to be unstoppable juggernauts. Competitors, big fines and even a global recession brought on by the Covid-19 pandemic didn't stop revenue and profit from going up.</p><p>Now the tide has turned.</p><p>Another recession is looming. Europe is starting to put teeth behind its efforts to be tech's global regulator. And new competitors and technologies are threatening some big companies' holds on their markets. On top of that, big tech companies were seduced during the pandemic into heavy investments in personnel and new products predicated on the idea that the shift to virtual life would be enduring -- something that hasn't panned out.</p><p>In response, big tech companies are retrenching, cutting expenses faster than they have in decades in an effort to navigate what tech executives and even bullish investors say is likely to be a tough 2023.</p><p>On Jan. 5, Amazon.com Inc. said its layoffs would affect some 18,000 employees. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. said it would cut 13% of its workforce, or around 11,000 people. Google parent Alphabet Inc. on Jan 11 announced staff reductions of 15% at its healthcare unit Verily. Collectively, employers in the tech sector cut more than 170,000 jobs in the past year, based on estimates from Layoffs.fyi, which tracks media reports and company announcements.</p><p>"They've proven they can thrive in the go-go times, but the free-money era is gone," says Dan Ives, an analyst for Wedbush Securities, adding that he thinks big tech companies will ultimately navigate their troubles -- which he calls a Category 5 storm -- and stage a rebound. "Tech companies have spent like 1980s rock stars. Now they're starting to spend like senior citizens on a fixed budget."</p><h2>No easy road</h2><p>The economic factors behind the pivot to austerity are several, analysts say. Quickening inflation has led to higher interest rates. Ukraine war has put new focus on supply-chain bottlenecks. And a recession would further damp demand -- hitting advertising revenue that sustains some big tech companies, as well as consumer spending on electronics that feeds others.</p><p>The new attitude comes as competition for big tech companies is becoming tougher -- at least in some segments.</p><p>Google and Meta saw their share of U.S. digital-ad spending last year fall below 50% for the first time since 2014 because they are growing more slowly than the rest of the market, according to research firm Insider Intelligence Inc. That is, in part, because Amazon and upstarts like ByteDance Ltd.'s TikTok have seen their share of digital ads grow. But video-streaming services are also taking a growing share -- a trend that should accelerate the launch of ad-supported versions of Netflix Inc. and Walt Disney Co.'s Disney+.</p><p>Advances in artificial intelligence could also reorganize the digital playing field. The ChatGPT chatbot released last year, which can produce plausible-sounding answers to an array of questions, has been lauded by some industry observers as an eventual alternative to current search engines like Google, even though the program can sometimes make factual errors. OpenAI, which makes the chatbot, among other tools, is currently in talks to sell existing shares in an offer that would value the company at around $29 billion, roughly double a prior offer completed in 2021, the Journal reported earlier this month.</p><h2>Tougher regulation</h2><p>These challenges are coming to a head at the same time that tech regulation, long an amorphous and looming threat largely ignored by investors, has started to take a significant bite, too. European Union regulators earlier this month struck down Meta's legal justification for its highly targeted ads. That is leaving the company scrambling for a way to keep showing ads targeted based on its Facebook and Instagram users' online activity in the bloc.</p><p>The EU is also starting to implement two other new laws it passed last year -- over objections from big tech companies -- aimed at ensuring they give more of an opening to smaller competitors, and forcing them to more heavily police content on their platforms.</p><p>Even though companies subject to the Digital Markets Act -- the law focused on tech competition -- won't be officially named until later this year, and its provisions won't be enforced until 2024, the law is already pushing companies to change their business practices. Apple Inc., for instance, is now preparing to let applications be downloaded onto iPhones and iPads outside its App Store, something the company had long said would compromise security, to comply with the law.</p><p>Amazon recently promised to give better treatment and prominence to third-party sellers in ways a company executive said were meant to comply with the new law, as part of its settlement of an antitrust lawsuit in Europe.</p><p>Other provisions of the law include a ban on a company with a search function giving priority in its results for its own products and tools over those from other companies -- a provision that could require changes to how Google operates in the bloc -- and a mandate that messaging apps from digital giants must allow smaller rivals to interoperate with them. That could cut into Apple's walled-garden approach to its Messages app on iPhones.</p><p>Big tech companies have been moderating their tone on regulation, saying they plan to comply with the new laws.</p><p>"We're now hard at work exploring new processes and product changes to comply fully," a spokesman at Google says. "For us, it's key to keep a constructive, hands-on regulatory dialogue with the European Commission for many months to come."</p><p>Apple and Amazon declined to comment. A Meta spokesperson pointed to a statement from Mark Zuckerberg on a recent earnings call: "I believe the tougher prioritization, discipline and efficiency that we're driving across the organization will help us navigate the current environment and emerge an even stronger company."</p><p>What happens in the EU in the coming year could end up being a template for other parts of the world now considering legislation with some similar provisions, including the U.K. and India.</p><p>"The looming [Digital Markets Act] is already having an impact," says Anne Witt, a law professor at the EDHEC Business School's Augmented Law Institute, based in Lille, France. "If the pressure piles up internationally, sooner or later it may make sense for these companies to align their behavior globally."</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>Big Tech Companies Prep for a Tough 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\">\nBig Tech Companies Prep for a Tough Year\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\">2023-01-16 16:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Competitors, regulators and an economic slowdown have started to make a meaningful dent in the fortunes of the largest tech companies</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1eb95977e567ba5ca770e314a77c3752\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/><span>Tighter regulation, a possible recession and retrenchment from their pandemic boom add up to a storm heading toward big tech companies.</span></p><p>A newly humbled cadre of globe-spanning tech giants are about to see their resilience tested.</p><p>For years, the biggest tech companies have been lauded by investors -- and at times assailed by smaller rivals and investigated by regulators -- for how they appeared to be unstoppable juggernauts. Competitors, big fines and even a global recession brought on by the Covid-19 pandemic didn't stop revenue and profit from going up.</p><p>Now the tide has turned.</p><p>Another recession is looming. Europe is starting to put teeth behind its efforts to be tech's global regulator. And new competitors and technologies are threatening some big companies' holds on their markets. On top of that, big tech companies were seduced during the pandemic into heavy investments in personnel and new products predicated on the idea that the shift to virtual life would be enduring -- something that hasn't panned out.</p><p>In response, big tech companies are retrenching, cutting expenses faster than they have in decades in an effort to navigate what tech executives and even bullish investors say is likely to be a tough 2023.</p><p>On Jan. 5, Amazon.com Inc. said its layoffs would affect some 18,000 employees. <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. said it would cut 13% of its workforce, or around 11,000 people. Google parent Alphabet Inc. on Jan 11 announced staff reductions of 15% at its healthcare unit Verily. Collectively, employers in the tech sector cut more than 170,000 jobs in the past year, based on estimates from Layoffs.fyi, which tracks media reports and company announcements.</p><p>"They've proven they can thrive in the go-go times, but the free-money era is gone," says Dan Ives, an analyst for Wedbush Securities, adding that he thinks big tech companies will ultimately navigate their troubles -- which he calls a Category 5 storm -- and stage a rebound. "Tech companies have spent like 1980s rock stars. Now they're starting to spend like senior citizens on a fixed budget."</p><h2>No easy road</h2><p>The economic factors behind the pivot to austerity are several, analysts say. Quickening inflation has led to higher interest rates. Ukraine war has put new focus on supply-chain bottlenecks. And a recession would further damp demand -- hitting advertising revenue that sustains some big tech companies, as well as consumer spending on electronics that feeds others.</p><p>The new attitude comes as competition for big tech companies is becoming tougher -- at least in some segments.</p><p>Google and Meta saw their share of U.S. digital-ad spending last year fall below 50% for the first time since 2014 because they are growing more slowly than the rest of the market, according to research firm Insider Intelligence Inc. That is, in part, because Amazon and upstarts like ByteDance Ltd.'s TikTok have seen their share of digital ads grow. But video-streaming services are also taking a growing share -- a trend that should accelerate the launch of ad-supported versions of Netflix Inc. and Walt Disney Co.'s Disney+.</p><p>Advances in artificial intelligence could also reorganize the digital playing field. The ChatGPT chatbot released last year, which can produce plausible-sounding answers to an array of questions, has been lauded by some industry observers as an eventual alternative to current search engines like Google, even though the program can sometimes make factual errors. OpenAI, which makes the chatbot, among other tools, is currently in talks to sell existing shares in an offer that would value the company at around $29 billion, roughly double a prior offer completed in 2021, the Journal reported earlier this month.</p><h2>Tougher regulation</h2><p>These challenges are coming to a head at the same time that tech regulation, long an amorphous and looming threat largely ignored by investors, has started to take a significant bite, too. European Union regulators earlier this month struck down Meta's legal justification for its highly targeted ads. That is leaving the company scrambling for a way to keep showing ads targeted based on its Facebook and Instagram users' online activity in the bloc.</p><p>The EU is also starting to implement two other new laws it passed last year -- over objections from big tech companies -- aimed at ensuring they give more of an opening to smaller competitors, and forcing them to more heavily police content on their platforms.</p><p>Even though companies subject to the Digital Markets Act -- the law focused on tech competition -- won't be officially named until later this year, and its provisions won't be enforced until 2024, the law is already pushing companies to change their business practices. Apple Inc., for instance, is now preparing to let applications be downloaded onto iPhones and iPads outside its App Store, something the company had long said would compromise security, to comply with the law.</p><p>Amazon recently promised to give better treatment and prominence to third-party sellers in ways a company executive said were meant to comply with the new law, as part of its settlement of an antitrust lawsuit in Europe.</p><p>Other provisions of the law include a ban on a company with a search function giving priority in its results for its own products and tools over those from other companies -- a provision that could require changes to how Google operates in the bloc -- and a mandate that messaging apps from digital giants must allow smaller rivals to interoperate with them. That could cut into Apple's walled-garden approach to its Messages app on iPhones.</p><p>Big tech companies have been moderating their tone on regulation, saying they plan to comply with the new laws.</p><p>"We're now hard at work exploring new processes and product changes to comply fully," a spokesman at Google says. "For us, it's key to keep a constructive, hands-on regulatory dialogue with the European Commission for many months to come."</p><p>Apple and Amazon declined to comment. A Meta spokesperson pointed to a statement from Mark Zuckerberg on a recent earnings call: "I believe the tougher prioritization, discipline and efficiency that we're driving across the organization will help us navigate the current environment and emerge an even stronger company."</p><p>What happens in the EU in the coming year could end up being a template for other parts of the world now considering legislation with some similar provisions, including the U.K. and India.</p><p>"The looming [Digital Markets Act] is already having an impact," says Anne Witt, a law professor at the EDHEC Business School's Augmented Law Institute, based in Lille, France. "If the pressure piles up internationally, sooner or later it may make sense for these companies to align their behavior globally."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4524":"宅经济概念","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4559":"巴菲特持仓","BK4527":"明星科技股","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","BK4579":"人工智能","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","GOOG":"谷歌","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","GOOGL":"谷歌A","LU1201861165.SGD":"Natixis Harris Associates Global Equity PA SGD","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","NVDA":"英伟达","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY \"A\" (USD) ACC","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4514":"搜索引擎","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","AAPL":"苹果","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU0082616367.USD":"摩根大通美国科技A(dist)","AMZN":"亚马逊","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1",".DJI":"道琼斯","LU0061474960.USD":"天利环球焦点基金AU Acc","SGXZ81514606.USD":"大华环球创新基金A Acc USD",".IXIC":"NASDAQ Composite","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4532":"文艺复兴科技持仓","BK4515":"5G概念",".SPX":"S&P 500 Index","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","BK4191":"家用电器","BK4571":"数字音乐概念","BK4507":"流媒体概念","BK4585":"ETF&股票定投概念","TSLA":"特斯拉","MSFT":"微软","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2303310793","content_text":"Competitors, regulators and an economic slowdown have started to make a meaningful dent in the fortunes of the largest tech companiesTighter regulation, a possible recession and retrenchment from their pandemic boom add up to a storm heading toward big tech companies.A newly humbled cadre of globe-spanning tech giants are about to see their resilience tested.For years, the biggest tech companies have been lauded by investors -- and at times assailed by smaller rivals and investigated by regulators -- for how they appeared to be unstoppable juggernauts. Competitors, big fines and even a global recession brought on by the Covid-19 pandemic didn't stop revenue and profit from going up.Now the tide has turned.Another recession is looming. Europe is starting to put teeth behind its efforts to be tech's global regulator. And new competitors and technologies are threatening some big companies' holds on their markets. On top of that, big tech companies were seduced during the pandemic into heavy investments in personnel and new products predicated on the idea that the shift to virtual life would be enduring -- something that hasn't panned out.In response, big tech companies are retrenching, cutting expenses faster than they have in decades in an effort to navigate what tech executives and even bullish investors say is likely to be a tough 2023.On Jan. 5, Amazon.com Inc. said its layoffs would affect some 18,000 employees. Meta Platforms Inc. said it would cut 13% of its workforce, or around 11,000 people. Google parent Alphabet Inc. on Jan 11 announced staff reductions of 15% at its healthcare unit Verily. Collectively, employers in the tech sector cut more than 170,000 jobs in the past year, based on estimates from Layoffs.fyi, which tracks media reports and company announcements.\"They've proven they can thrive in the go-go times, but the free-money era is gone,\" says Dan Ives, an analyst for Wedbush Securities, adding that he thinks big tech companies will ultimately navigate their troubles -- which he calls a Category 5 storm -- and stage a rebound. \"Tech companies have spent like 1980s rock stars. Now they're starting to spend like senior citizens on a fixed budget.\"No easy roadThe economic factors behind the pivot to austerity are several, analysts say. Quickening inflation has led to higher interest rates. Ukraine war has put new focus on supply-chain bottlenecks. And a recession would further damp demand -- hitting advertising revenue that sustains some big tech companies, as well as consumer spending on electronics that feeds others.The new attitude comes as competition for big tech companies is becoming tougher -- at least in some segments.Google and Meta saw their share of U.S. digital-ad spending last year fall below 50% for the first time since 2014 because they are growing more slowly than the rest of the market, according to research firm Insider Intelligence Inc. That is, in part, because Amazon and upstarts like ByteDance Ltd.'s TikTok have seen their share of digital ads grow. But video-streaming services are also taking a growing share -- a trend that should accelerate the launch of ad-supported versions of Netflix Inc. and Walt Disney Co.'s Disney+.Advances in artificial intelligence could also reorganize the digital playing field. The ChatGPT chatbot released last year, which can produce plausible-sounding answers to an array of questions, has been lauded by some industry observers as an eventual alternative to current search engines like Google, even though the program can sometimes make factual errors. OpenAI, which makes the chatbot, among other tools, is currently in talks to sell existing shares in an offer that would value the company at around $29 billion, roughly double a prior offer completed in 2021, the Journal reported earlier this month.Tougher regulationThese challenges are coming to a head at the same time that tech regulation, long an amorphous and looming threat largely ignored by investors, has started to take a significant bite, too. European Union regulators earlier this month struck down Meta's legal justification for its highly targeted ads. That is leaving the company scrambling for a way to keep showing ads targeted based on its Facebook and Instagram users' online activity in the bloc.The EU is also starting to implement two other new laws it passed last year -- over objections from big tech companies -- aimed at ensuring they give more of an opening to smaller competitors, and forcing them to more heavily police content on their platforms.Even though companies subject to the Digital Markets Act -- the law focused on tech competition -- won't be officially named until later this year, and its provisions won't be enforced until 2024, the law is already pushing companies to change their business practices. Apple Inc., for instance, is now preparing to let applications be downloaded onto iPhones and iPads outside its App Store, something the company had long said would compromise security, to comply with the law.Amazon recently promised to give better treatment and prominence to third-party sellers in ways a company executive said were meant to comply with the new law, as part of its settlement of an antitrust lawsuit in Europe.Other provisions of the law include a ban on a company with a search function giving priority in its results for its own products and tools over those from other companies -- a provision that could require changes to how Google operates in the bloc -- and a mandate that messaging apps from digital giants must allow smaller rivals to interoperate with them. That could cut into Apple's walled-garden approach to its Messages app on iPhones.Big tech companies have been moderating their tone on regulation, saying they plan to comply with the new laws.\"We're now hard at work exploring new processes and product changes to comply fully,\" a spokesman at Google says. \"For us, it's key to keep a constructive, hands-on regulatory dialogue with the European Commission for many months to come.\"Apple and Amazon declined to comment. A Meta spokesperson pointed to a statement from Mark Zuckerberg on a recent earnings call: \"I believe the tougher prioritization, discipline and efficiency that we're driving across the organization will help us navigate the current environment and emerge an even stronger company.\"What happens in the EU in the coming year could end up being a template for other parts of the world now considering legislation with some similar provisions, including the U.K. and India.\"The looming [Digital Markets Act] is already having an impact,\" says Anne Witt, a law professor at the EDHEC Business School's Augmented Law Institute, based in Lille, France. \"If the pressure piles up internationally, sooner or later it may make sense for these companies to align their behavior globally.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956908333,"gmtCreate":1673870473423,"gmtModify":1676538896687,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956908333","repostId":"1159330224","repostType":2,"repost":{"id":"1159330224","pubTimestamp":1673869379,"share":"https://www.laohu8.com/m/news/1159330224?lang=&edition=full","pubTime":"2023-01-16 19:42","market":"fut","language":"en","title":"US Dollar Shorts Become Favorite Trade as Fed Seen Slowing Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1159330224","media":"Bloomberg","summary":"Buy dollar trade is swiftly turning into top macro short: CIBCChina’s reopening optimism fuels gains in commodity currenciesThe dollar’s rally from an eight-month low could be fleeting as the growing ","content":"<html><head></head><body><ul><li>Buy dollar trade is swiftly turning into top macro short: CIBC</li><li>China’s reopening optimism fuels gains in commodity currencies</li></ul><p>The dollar’s rally from an eight-month low could be fleeting as the growing view that the Federal Reserve will slow the pace of interest-rate hikes is likely to keep selling pressure on the US currency.</p><p>The Bloomberg Dollar Spot Index made slight gains on Monday, but remains down nearly 2% since the start of the year as investors have sold the greenback in droves. Easing US inflation expectations has prompted funds to ditch the ultimate haven asset, triggering a rebound in most major currencies.</p><p>“Just two weeks into the year, and it feels like the big ‘buy dollar’ trade of 2022 is turning into the hottest macro short now,” said Patrick Bennett, strategist at Canadian Imperial Bank of Commerce in Hong Kong. In addition to the Fed, “we are also being driven by a reversal in China with Zero Covid scrapped well ahead of when it was expected.”</p><p><img src=\"https://static.tigerbbs.com/04f520e631d725ac4528590c0049d91f\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"/></p><p>The dollar’s fortunes have suffered a dramatic U-turn in recent months as funds from JPMorgan Asset Management to Goldman Sachs Group Inc. predict the Fed will soon rein in the pace of its tightening. Traders are now expecting the Fed fund rate to peak at 4.94% from more than 5% earlier this month.</p><p>The Bloomberg Dollar Spot Index dropped as much as 0.4% to reach the lowest since April 2022 early on Monday, before clawing back losses to trade 0.1% higher on the day. Yet more selling may be in store this year, with strategists at Morgan Stanley forecasting the euro to end the year at 1.15, ratcheting up its previous call for 1.08.</p><p>“Macro forces once constraining USD weakness are now amplifying it,” they wrote in a note. “Global growth is showing signs of buoyancy, macro and inflation uncertainty are waning, and the USD is rapidly losing its carry advantage.”</p><p>The greenback’s decline comes as data from the Commodity Futures Trading Commission show leveraged funds have cut yen shorts to the lowest level since February 2021. They also trimmed bearish bets on the Aussie while switching to net longs on the New Zealand dollar.</p><h2>Fed Pause</h2><p>The resumption of economic activity in China is bolstering demand for risk-sensitive currencies, with the Australian dollar rising above 70 US cents for the first time since August on Monday. Indonesia’s rupiah climbed more than 1%, the South Korean won advanced 0.8% and the offshore yuan rose to the strongest since July.</p><p>“The dollar is under pressure as the market becomes more confident a Fed pause is coming,” said Rodrigo Catril, strategist at National Australia Bank Ltd. in Sydney. The rise of the yuan is “just as important” for commodity-linked currencies like the Australian dollar as risk sentiment improves, he 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>US Dollar Shorts Become Favorite Trade as Fed Seen Slowing 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; 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 Dollar Shorts Become Favorite Trade as Fed Seen Slowing Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-16 19:42 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-01-16/dollar-shorts-become-favorite-trade-as-fed-seen-slowing-hikes><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Buy dollar trade is swiftly turning into top macro short: CIBCChina’s reopening optimism fuels gains in commodity currenciesThe dollar’s rally from an eight-month low could be fleeting as the growing ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-16/dollar-shorts-become-favorite-trade-as-fed-seen-slowing-hikes\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UDN":"做空美元指数-PowerShares","UUP":"美元ETF-PowerShares DB"},"source_url":"https://www.bloomberg.com/news/articles/2023-01-16/dollar-shorts-become-favorite-trade-as-fed-seen-slowing-hikes","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159330224","content_text":"Buy dollar trade is swiftly turning into top macro short: CIBCChina’s reopening optimism fuels gains in commodity currenciesThe dollar’s rally from an eight-month low could be fleeting as the growing view that the Federal Reserve will slow the pace of interest-rate hikes is likely to keep selling pressure on the US currency.The Bloomberg Dollar Spot Index made slight gains on Monday, but remains down nearly 2% since the start of the year as investors have sold the greenback in droves. Easing US inflation expectations has prompted funds to ditch the ultimate haven asset, triggering a rebound in most major currencies.“Just two weeks into the year, and it feels like the big ‘buy dollar’ trade of 2022 is turning into the hottest macro short now,” said Patrick Bennett, strategist at Canadian Imperial Bank of Commerce in Hong Kong. In addition to the Fed, “we are also being driven by a reversal in China with Zero Covid scrapped well ahead of when it was expected.”The dollar’s fortunes have suffered a dramatic U-turn in recent months as funds from JPMorgan Asset Management to Goldman Sachs Group Inc. predict the Fed will soon rein in the pace of its tightening. Traders are now expecting the Fed fund rate to peak at 4.94% from more than 5% earlier this month.The Bloomberg Dollar Spot Index dropped as much as 0.4% to reach the lowest since April 2022 early on Monday, before clawing back losses to trade 0.1% higher on the day. Yet more selling may be in store this year, with strategists at Morgan Stanley forecasting the euro to end the year at 1.15, ratcheting up its previous call for 1.08.“Macro forces once constraining USD weakness are now amplifying it,” they wrote in a note. “Global growth is showing signs of buoyancy, macro and inflation uncertainty are waning, and the USD is rapidly losing its carry advantage.”The greenback’s decline comes as data from the Commodity Futures Trading Commission show leveraged funds have cut yen shorts to the lowest level since February 2021. They also trimmed bearish bets on the Aussie while switching to net longs on the New Zealand dollar.Fed PauseThe resumption of economic activity in China is bolstering demand for risk-sensitive currencies, with the Australian dollar rising above 70 US cents for the first time since August on Monday. Indonesia’s rupiah climbed more than 1%, the South Korean won advanced 0.8% and the offshore yuan rose to the strongest since July.“The dollar is under pressure as the market becomes more confident a Fed pause is coming,” said Rodrigo Catril, strategist at National Australia Bank Ltd. in Sydney. The rise of the yuan is “just as important” for commodity-linked currencies like the Australian dollar as risk sentiment improves, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9928346582,"gmtCreate":1671203868147,"gmtModify":1676538508648,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9928346582","repostId":"1113454322","repostType":4,"repost":{"id":"1113454322","pubTimestamp":1671202950,"share":"https://www.laohu8.com/m/news/1113454322?lang=&edition=full","pubTime":"2022-12-16 23:02","market":"us","language":"en","title":"Top Calls on Wall Street: Meta, American Airlines, Trip.com and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1113454322","media":"TheFly","summary":"Top 5 Upgrades:JPMorgan analyst Doug Anmuth upgraded Meta Platforms(META) to Overweight from Neutral","content":"<html><head></head><body><h2><b>Top 5 Upgrades:</b></h2><ul><li>JPMorgan analyst Doug Anmuth upgraded <b>Meta Platforms</b>(META) to Overweight from Neutral with a price target of $150, up from $115. The shares are down 65% year-to-date as Meta has been impacted by Apple (AAPL) privacy changes, TikTok competition, Reels headwinds, heavy hiring and expense growth, an uncertain build-out of the metaverse, and macro pressures, but some of these pressures will ease heading into 2023, Anmuth tells investors in a research note.</li><li>BTIG analyst Matthew VanVliet upgraded <b>Agilysys</b>(AGYS) to Buy from Neutral with an $83 price target. The company announced a "game-changing contract win" with Marriott (MAR) to deploy its property management system across U.S. and Canada luxury, premium and select service hotels over the next several years, VanVliet tells investors in a research note.</li><li>BofA analyst Vivek Arya upgraded <b>Cadence Design</b>(CDNS) and <b>Synopsys</b>(SNPS) to Buy from Neutral. His prior concerns about the impact from China restrictions on electronic design automation, or EDA, demand "have proven to be overly conservative," said Arya, who notes that most U.S. restrictions were focused on the delivery of fab equipment and not EDA.</li><li>UBS analyst Wei Xiong upgraded <b>Trip.com Group</b>(TCOM) to Buy from Neutral with a price target of $41, up from $28. The recent accelerated easing of COVID controls in China, a likely faster-than-expected outbound travel recovery, and continued momentum in overseas markets provides better visibility on improving fundamentals, said Xiong, who raised 2023 and 2024 revenue and earnings estimates for Trip.com.</li><li>UBS analyst Colin Bristow upgraded <b>Sarepta</b>(SRPT) to Buy from Neutral with a price target of $158, up from $100, telling investors that he views it as "highly likely" that accelerated approval is granted for SRP-9001 in Duchenne muscular dystrophy, or DMD, by the PDUFA date of May 29.</li></ul><h2><b>Top 5 Downgrades:</b></h2><ul><li>BMO Capital analyst John Kim downgraded <b>Equity Residential</b>(EQR) to Underperform from Market Perform with a price target of $61, down from $70. The analyst cites the "looming" recession and rising unemployment for the downgrade. He says Equity Residential screens expensive and is cautious on the multifamily sector.</li><li>RBC Capital analyst Ken Herbert downgraded <b>Mercury Systems</b>(MRCY) to Sector Perform from Outperform with a price target of $54, down from $66. Heading into 2023, the defense supply chain remains a risk for Mercury, one of the most impacted by the supply chain disruptions in the group, Herbert tells investors in a research note.</li><li>JPMorgan analyst Anthony Paolone downgraded <b>AvalonBay</b>(AVB) to Underweight from Neutral with a price target of $197, down from $206. The analyst is "more constructive" on real estate investment trusts going into next year.</li><li>Wells Fargo analyst Elyse Greenspan downgraded <b>Prudential Financial</b>(PRU) to Underweight from Equal Weight with an unchanged price target of $101. The analyst cites relative value for the downgrade, saying Prudential's valuation has expanded relative to MetLife (MET) versus historical levels.</li><li>Morgan Stanley analyst Thomas Yeh downgraded <b>New York Times</b>(NYT) to Equal Weight from Overweight with an unchanged price target of $37. Recent underperformance in net adds lowers his confidence in capturing the long-term opportunity while growing macro headwinds for advertising revenues "put 2023 expectations at risk," Yeh tells investors.</li></ul><h2><b>Top 5 Initiations:</b></h2><ul><li>Goldman Sachs analyst Catherine O'Brien resumed coverage of <b>American Airlines</b>(AAL) with a Neutral rating and $13 price target. While positive on the backdrop for airlines, the analyst says the economic outlook is uncertain. In this environment, she favors stocks with "idiosyncratic earnings drivers, relatively more recovery tailwinds remaining, or characteristics that reduce downside risk."</li><li>DA Davidson analyst Rudy Kessinger initiated coverage of <b>CyberArk</b>(CYBR) with a Buy rating and $175 price target. The company has a clear market leadership position in privileged access management, the most critical pillar of identity security, Kessinger tells investors in a research note.</li><li>JPMorgan analyst Brian Cheng initiated coverage of <b>Senti Bio</b>(SNTI) with a Neutral rating and no price target. Senti is a preclinical-stage biotech company leveraging modified natural killer immune cells to treat blood and solid tumors, Cheng tells investors in a research note.</li><li>UBS analyst Dennis Geiger initiated coverage of <b>Cracker Barrel</b>(CBRL) with a Neutral rating and $105 price target. Cracker Barrel's differentiated brands and enhancements to menu, off-premise, and digital highlight improvements in recent years support same-store sales growth, free cash flow generation and capital returns to shareholders, Geiger says in a research note.</li><li>Barclays analyst Ryan MacWilliams initiated coverage of <b>Atlassian</b>(TEAM) with an Equal Weight rating and $155 price target. The analyst believes the consolidation of broader developer tools is an "attractive value creation opportunity for leading platform players."</li></ul></body></html>","source":"lsy1666364704704","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top Calls on Wall Street: Meta, American Airlines, Trip.com and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop Calls on Wall Street: Meta, American Airlines, Trip.com and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-16 23:02 GMT+8 <a href=https://thefly.com/landingPageNews.php?id=3634532&headline=META;EQR;MRCY;AAL;AGYS;SNTI;SNPS;CDNS;TCOM;SRPT;AVB;PRU;CBRL;TEAM-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations><strong>TheFly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Top 5 Upgrades:JPMorgan analyst Doug Anmuth upgraded Meta Platforms(META) to Overweight from Neutral with a price target of $150, up from $115. The shares are down 65% year-to-date as Meta has been ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=3634532&headline=META;EQR;MRCY;AAL;AGYS;SNTI;SNPS;CDNS;TCOM;SRPT;AVB;PRU;CBRL;TEAM-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAL":"美国航空","TCOM":"携程网","META":"Meta Platforms"},"source_url":"https://thefly.com/landingPageNews.php?id=3634532&headline=META;EQR;MRCY;AAL;AGYS;SNTI;SNPS;CDNS;TCOM;SRPT;AVB;PRU;CBRL;TEAM-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113454322","content_text":"Top 5 Upgrades:JPMorgan analyst Doug Anmuth upgraded Meta Platforms(META) to Overweight from Neutral with a price target of $150, up from $115. The shares are down 65% year-to-date as Meta has been impacted by Apple (AAPL) privacy changes, TikTok competition, Reels headwinds, heavy hiring and expense growth, an uncertain build-out of the metaverse, and macro pressures, but some of these pressures will ease heading into 2023, Anmuth tells investors in a research note.BTIG analyst Matthew VanVliet upgraded Agilysys(AGYS) to Buy from Neutral with an $83 price target. The company announced a \"game-changing contract win\" with Marriott (MAR) to deploy its property management system across U.S. and Canada luxury, premium and select service hotels over the next several years, VanVliet tells investors in a research note.BofA analyst Vivek Arya upgraded Cadence Design(CDNS) and Synopsys(SNPS) to Buy from Neutral. His prior concerns about the impact from China restrictions on electronic design automation, or EDA, demand \"have proven to be overly conservative,\" said Arya, who notes that most U.S. restrictions were focused on the delivery of fab equipment and not EDA.UBS analyst Wei Xiong upgraded Trip.com Group(TCOM) to Buy from Neutral with a price target of $41, up from $28. The recent accelerated easing of COVID controls in China, a likely faster-than-expected outbound travel recovery, and continued momentum in overseas markets provides better visibility on improving fundamentals, said Xiong, who raised 2023 and 2024 revenue and earnings estimates for Trip.com.UBS analyst Colin Bristow upgraded Sarepta(SRPT) to Buy from Neutral with a price target of $158, up from $100, telling investors that he views it as \"highly likely\" that accelerated approval is granted for SRP-9001 in Duchenne muscular dystrophy, or DMD, by the PDUFA date of May 29.Top 5 Downgrades:BMO Capital analyst John Kim downgraded Equity Residential(EQR) to Underperform from Market Perform with a price target of $61, down from $70. The analyst cites the \"looming\" recession and rising unemployment for the downgrade. He says Equity Residential screens expensive and is cautious on the multifamily sector.RBC Capital analyst Ken Herbert downgraded Mercury Systems(MRCY) to Sector Perform from Outperform with a price target of $54, down from $66. Heading into 2023, the defense supply chain remains a risk for Mercury, one of the most impacted by the supply chain disruptions in the group, Herbert tells investors in a research note.JPMorgan analyst Anthony Paolone downgraded AvalonBay(AVB) to Underweight from Neutral with a price target of $197, down from $206. The analyst is \"more constructive\" on real estate investment trusts going into next year.Wells Fargo analyst Elyse Greenspan downgraded Prudential Financial(PRU) to Underweight from Equal Weight with an unchanged price target of $101. The analyst cites relative value for the downgrade, saying Prudential's valuation has expanded relative to MetLife (MET) versus historical levels.Morgan Stanley analyst Thomas Yeh downgraded New York Times(NYT) to Equal Weight from Overweight with an unchanged price target of $37. Recent underperformance in net adds lowers his confidence in capturing the long-term opportunity while growing macro headwinds for advertising revenues \"put 2023 expectations at risk,\" Yeh tells investors.Top 5 Initiations:Goldman Sachs analyst Catherine O'Brien resumed coverage of American Airlines(AAL) with a Neutral rating and $13 price target. While positive on the backdrop for airlines, the analyst says the economic outlook is uncertain. In this environment, she favors stocks with \"idiosyncratic earnings drivers, relatively more recovery tailwinds remaining, or characteristics that reduce downside risk.\"DA Davidson analyst Rudy Kessinger initiated coverage of CyberArk(CYBR) with a Buy rating and $175 price target. The company has a clear market leadership position in privileged access management, the most critical pillar of identity security, Kessinger tells investors in a research note.JPMorgan analyst Brian Cheng initiated coverage of Senti Bio(SNTI) with a Neutral rating and no price target. Senti is a preclinical-stage biotech company leveraging modified natural killer immune cells to treat blood and solid tumors, Cheng tells investors in a research note.UBS analyst Dennis Geiger initiated coverage of Cracker Barrel(CBRL) with a Neutral rating and $105 price target. Cracker Barrel's differentiated brands and enhancements to menu, off-premise, and digital highlight improvements in recent years support same-store sales growth, free cash flow generation and capital returns to shareholders, Geiger says in a research note.Barclays analyst Ryan MacWilliams initiated coverage of Atlassian(TEAM) with an Equal Weight rating and $155 price target. The analyst believes the consolidation of broader developer tools is an \"attractive value creation opportunity for leading platform players.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921457968,"gmtCreate":1671117732055,"gmtModify":1676538493567,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9921457968","repostId":"1137906061","repostType":4,"repost":{"id":"1137906061","pubTimestamp":1671114130,"share":"https://www.laohu8.com/m/news/1137906061?lang=&edition=full","pubTime":"2022-12-15 22:22","market":"us","language":"en","title":"Chinese Stock Delisting Threat Eases as US Gets Access to Audit Data","url":"https://stock-news.laohu8.com/highlight/detail?id=1137906061","media":"Bloomberg","summary":"US watchdog says that it has been able to review audit papersShares jumped after the PCAOB’s announcement on ThursdayAbout 200 companies based in China and Hong Kong are no longer facing an acute thre","content":"<html><head></head><body><ul><li>US watchdog says that it has been able to review audit papers</li><li>Shares jumped after the PCAOB’s announcement on Thursday</li></ul><p><img src=\"https://static.tigerbbs.com/c0a01629590da18205cbfed927c2ea25\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/></p><p>About 200 companies based in China and Hong Kong are no longer facing an acute threat of being booted off American stock exchanges.</p><p>The US Public Company Accounting Oversight Board said its inspectors have been able to sufficiently review audit documents from firms based in the two jurisdictions. The determination diminishes the chances that companies includingAlibaba Group Holding LtdandJD.com Inc.will be delisted in New York.</p><p>Shares of US-listed China stocks jumped across the board in premarket trading.</p><p>“Inspectors and investigators were able to view complete audit work papers with all information included, and the PCAOB was able to retain information as needed,” the watchdog said in a statement.</p><p>PCAOB Chair Erica Williams told reporters after the announcement that the agency would re-assess if access started be less available.</p><p>China and Hong Kong are the only places that historically haven’t allowed the reviews, with officials citing national security and confidentiality concerns. The auditor watchdog’s announcement follows a recent high-stakes round of PCAOB inspections in Hong Kong, which represented a major break through in a long-running dispute.</p><p>The clash over audits became a political sticking point after a US law in 2020 said firms whose work papers can’t be inspected face being kicked off theNew York Stock Exchangeand Nasdaq. The legislation set a three-year timeframe for the delisting companies.</p><p>In a separate statement, SEC Chair Gary Gensler lauded the announcement. “This marks the first time that Chinese authorities allowed access for complete inspections and investigations meeting US standards,” he said in a statement, adding that inspectors must continue to be able to review the papers.</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>Chinese Stock Delisting Threat Eases as US Gets Access to Audit Data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChinese Stock Delisting Threat Eases as US Gets Access to Audit Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-15 22:22 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-12-15/chinese-stock-delisting-risk-falls-after-us-watchdog-got-access><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>US watchdog says that it has been able to review audit papersShares jumped after the PCAOB’s announcement on ThursdayAbout 200 companies based in China and Hong Kong are no longer facing an acute ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-15/chinese-stock-delisting-risk-falls-after-us-watchdog-got-access\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","NIO":"蔚来","BABA":"阿里巴巴","PDD":"拼多多","LI":"理想汽车","BIDU":"百度","JD":"京东"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-15/chinese-stock-delisting-risk-falls-after-us-watchdog-got-access","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137906061","content_text":"US watchdog says that it has been able to review audit papersShares jumped after the PCAOB’s announcement on ThursdayAbout 200 companies based in China and Hong Kong are no longer facing an acute threat of being booted off American stock exchanges.The US Public Company Accounting Oversight Board said its inspectors have been able to sufficiently review audit documents from firms based in the two jurisdictions. The determination diminishes the chances that companies includingAlibaba Group Holding LtdandJD.com Inc.will be delisted in New York.Shares of US-listed China stocks jumped across the board in premarket trading.“Inspectors and investigators were able to view complete audit work papers with all information included, and the PCAOB was able to retain information as needed,” the watchdog said in a statement.PCAOB Chair Erica Williams told reporters after the announcement that the agency would re-assess if access started be less available.China and Hong Kong are the only places that historically haven’t allowed the reviews, with officials citing national security and confidentiality concerns. The auditor watchdog’s announcement follows a recent high-stakes round of PCAOB inspections in Hong Kong, which represented a major break through in a long-running dispute.The clash over audits became a political sticking point after a US law in 2020 said firms whose work papers can’t be inspected face being kicked off theNew York Stock Exchangeand Nasdaq. The legislation set a three-year timeframe for the delisting companies.In a separate statement, SEC Chair Gary Gensler lauded the announcement. “This marks the first time that Chinese authorities allowed access for complete inspections and investigations meeting US standards,” he said in a statement, adding that inspectors must continue to be able to review the papers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921849537,"gmtCreate":1671032549730,"gmtModify":1676538479157,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9921849537","repostId":"1132223607","repostType":4,"repost":{"id":"1132223607","pubTimestamp":1671009006,"share":"https://www.laohu8.com/m/news/1132223607?lang=&edition=full","pubTime":"2022-12-14 17:10","market":"us","language":"en","title":"The Fed Should Pause Its Rate Hikes Now That Inflation Has Slowed Significantly. But It Won’t","url":"https://stock-news.laohu8.com/highlight/detail?id=1132223607","media":"MarketWatch","summary":"The Federal Reserve should declare an immediate cease fire in its war against inflation and hold its","content":"<html><head></head><body><p>The Federal Reserve should declare an immediate cease fire in its war against inflation and hold its benchmark interest rate steady instead of raising the federal funds by a half percentage point to a range of 4.25% to 4.50%, as expected at its meeting that ends Wednesday.</p><p>With the relatively benign report on the consumer price index in November released on Tuesday, the Fed now has “compelling evidence” that it has achieved its immediate goal of seeing a significant slowing in inflation.</p><p>The CPI was better than expected in November, with headline inflation rising just 0.1% (1.2% annualized) and core inflation up 0.2% (2.4% annualized).</p><p>The U.S. stock market SPX, DJIA, COMP on Tuesday initially greeted the CPI report as confirmation that the Fed could begin to let up, but by midday the realization hit that the Fed is going to keep hiking rates.</p><h2>Better than the media says</h2><p>The CPI report was actually better than it’s being portrayed by the media, which continue to focus irrationally on year-over-year changes in inflation rather than looking at what has happened since the Fed began raising interest rates nine months ago. For instance, what are we to make of. this incoherent headline in the New York Times: “U.S. Inflation Cools as Consumer Prices Rise 7.1 Percent”?</p><p>If we don’t want to miss the turning points, we have to shorten our horizon to something less than a year, but not so short that it’s all noise and no signal. Three months is about right.</p><p>In March 2022, when the Fed first raised rates, inflation was accelerating. From January to March, the CPI had risen at an 11.3% annual rate. That was an alarming inflation rate which called for action by the Fed.</p><p>But then the Fed raised interest rates at six straight meetings, going from near zero to near 4% and now inflation is decelerating. From September to November, inflation rose at a 3.7% annual rate.</p><p>That is significant progress in the most relevant measure of inflation.</p><h2>The wrong perspective</h2><p>The progress is much less apparent when the figures are reported on a year-over-year basis, as most media outlets do. From November 2021 to November 2022, inflation rose 7.1% — but that figure is meaningless to our understanding of what the Fed has accomplished because that time frame also includes five months of high inflation from before the Fed acted.</p><p>Because rate hikes take some time to have an impact on prices and on the economy, they didn’t really start to bite until July. In the five months since then, inflation has slowed to a 2.5% annualized rate, noticeable to anyone who’s looking. The unprecedented rise in interest rates is working to cool off price increases.</p><p>The progress is even greater when you take into account that almost all of the inflation we’ve suffered recently is coming from higher rents, which are now rising at a 10% annual rate in a lagged response to last year’s incredible 20%+ increase in home prices and tight rental markets.</p><h2>Rents still rising as home prices fall</h2><p>Home prices have now begun to fall in most regions of the U.S. Rents for new tenants have also begun to fall, but rents paid by continuing tenants have lagged behind and could take another year or longer to catch up, according to research by economists at Goldman Sachs. That’s because rents on existing leases tend to reset on an annual basis.</p><p>Rents are used to compute the costs not only of renters but of homeowners as well. It’s as if we measured champagne prices by looking at how much beer costs.</p><p>With more than 900,000 multifamily housing units now under construction, the supply constraints will soon begin to ease, reducing pressure on rents, when those units hit the market, likely in the next year or so.</p><p>Rents have an outsized influence on the CPI, because rents are used to compute the costs not only of renters but of homeowners as well. It’s as if we measured champagne prices by looking at how much beer costs. Yes, there’s some correlation most of the time, but not always.</p><p>Using rents to measure homeowners’ costs might be an acceptable methodology in normal times, but not now. Based on the increase in rents, the CPI showed that shelter costs for homeowners rose at a 8% annual rate in November. No one believes that’s true. Most homeowners have a fixed-rate mortgage, so principal and interest payments haven’t gone up.</p><h2>The right perspective</h2><p>The best thing to do in this situation is to recognize that we need to exclude shelter costs (which accounts for a third of the CPI) if we want to see where underlying inflation is heading.</p><p>“Substantial disagreement about the correct way to measure shelter inflation argues for looking at inflation measures that put less weight on shelter inflation, not more, when the decision is of greater consequence,” wrote Goldman Sachs economists Ronnie Walker and David Mericle in a note published in October.</p><p>The CPI excluding shelter fell 0.2% in November and has risen at just a 1.3% annual rate over the past three months.</p><p>Even Fed Chair Jerome Powell has acknowledged that a sudden drop in home prices won’t show up in the headline CPI for months, but he’s not acting like he quite believes it. If he did, he’d urge his colleagues at the Fed to pause now and let the full impact of 375 basis points of tightening work on the economy.</p><p>We know, however, that the Fed won’t pause. The Fed lost too much credibility last year when it missed the rapid increase in inflation as the economy emerged from its pandemic lockdown, and now the Fed is scrambling to restore the public’s trust as an inflation fighter.</p><p>Unfortunately, that makes a recession nearly inevitable, because the Fed is going to do what it always does: Raise rates too far and push the economy into a job-killing recession.</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>The Fed Should Pause Its Rate Hikes Now That Inflation Has Slowed Significantly. But It Won’t</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 Should Pause Its Rate Hikes Now That Inflation Has Slowed Significantly. But It Won’t\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-14 17:10 GMT+8 <a href=https://www.marketwatch.com/story/the-u-s-inflation-rate-in-november-was-not-7-1-as-you-were-told-it-was-3-7-11670968283?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve should declare an immediate cease fire in its war against inflation and hold its benchmark interest rate steady instead of raising the federal funds by a half percentage point to a...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-u-s-inflation-rate-in-november-was-not-7-1-as-you-were-told-it-was-3-7-11670968283?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":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/the-u-s-inflation-rate-in-november-was-not-7-1-as-you-were-told-it-was-3-7-11670968283?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132223607","content_text":"The Federal Reserve should declare an immediate cease fire in its war against inflation and hold its benchmark interest rate steady instead of raising the federal funds by a half percentage point to a range of 4.25% to 4.50%, as expected at its meeting that ends Wednesday.With the relatively benign report on the consumer price index in November released on Tuesday, the Fed now has “compelling evidence” that it has achieved its immediate goal of seeing a significant slowing in inflation.The CPI was better than expected in November, with headline inflation rising just 0.1% (1.2% annualized) and core inflation up 0.2% (2.4% annualized).The U.S. stock market SPX, DJIA, COMP on Tuesday initially greeted the CPI report as confirmation that the Fed could begin to let up, but by midday the realization hit that the Fed is going to keep hiking rates.Better than the media saysThe CPI report was actually better than it’s being portrayed by the media, which continue to focus irrationally on year-over-year changes in inflation rather than looking at what has happened since the Fed began raising interest rates nine months ago. For instance, what are we to make of. this incoherent headline in the New York Times: “U.S. Inflation Cools as Consumer Prices Rise 7.1 Percent”?If we don’t want to miss the turning points, we have to shorten our horizon to something less than a year, but not so short that it’s all noise and no signal. Three months is about right.In March 2022, when the Fed first raised rates, inflation was accelerating. From January to March, the CPI had risen at an 11.3% annual rate. That was an alarming inflation rate which called for action by the Fed.But then the Fed raised interest rates at six straight meetings, going from near zero to near 4% and now inflation is decelerating. From September to November, inflation rose at a 3.7% annual rate.That is significant progress in the most relevant measure of inflation.The wrong perspectiveThe progress is much less apparent when the figures are reported on a year-over-year basis, as most media outlets do. From November 2021 to November 2022, inflation rose 7.1% — but that figure is meaningless to our understanding of what the Fed has accomplished because that time frame also includes five months of high inflation from before the Fed acted.Because rate hikes take some time to have an impact on prices and on the economy, they didn’t really start to bite until July. In the five months since then, inflation has slowed to a 2.5% annualized rate, noticeable to anyone who’s looking. The unprecedented rise in interest rates is working to cool off price increases.The progress is even greater when you take into account that almost all of the inflation we’ve suffered recently is coming from higher rents, which are now rising at a 10% annual rate in a lagged response to last year’s incredible 20%+ increase in home prices and tight rental markets.Rents still rising as home prices fallHome prices have now begun to fall in most regions of the U.S. Rents for new tenants have also begun to fall, but rents paid by continuing tenants have lagged behind and could take another year or longer to catch up, according to research by economists at Goldman Sachs. That’s because rents on existing leases tend to reset on an annual basis.Rents are used to compute the costs not only of renters but of homeowners as well. It’s as if we measured champagne prices by looking at how much beer costs.With more than 900,000 multifamily housing units now under construction, the supply constraints will soon begin to ease, reducing pressure on rents, when those units hit the market, likely in the next year or so.Rents have an outsized influence on the CPI, because rents are used to compute the costs not only of renters but of homeowners as well. It’s as if we measured champagne prices by looking at how much beer costs. Yes, there’s some correlation most of the time, but not always.Using rents to measure homeowners’ costs might be an acceptable methodology in normal times, but not now. Based on the increase in rents, the CPI showed that shelter costs for homeowners rose at a 8% annual rate in November. No one believes that’s true. Most homeowners have a fixed-rate mortgage, so principal and interest payments haven’t gone up.The right perspectiveThe best thing to do in this situation is to recognize that we need to exclude shelter costs (which accounts for a third of the CPI) if we want to see where underlying inflation is heading.“Substantial disagreement about the correct way to measure shelter inflation argues for looking at inflation measures that put less weight on shelter inflation, not more, when the decision is of greater consequence,” wrote Goldman Sachs economists Ronnie Walker and David Mericle in a note published in October.The CPI excluding shelter fell 0.2% in November and has risen at just a 1.3% annual rate over the past three months.Even Fed Chair Jerome Powell has acknowledged that a sudden drop in home prices won’t show up in the headline CPI for months, but he’s not acting like he quite believes it. If he did, he’d urge his colleagues at the Fed to pause now and let the full impact of 375 basis points of tightening work on the economy.We know, however, that the Fed won’t pause. The Fed lost too much credibility last year when it missed the rapid increase in inflation as the economy emerged from its pandemic lockdown, and now the Fed is scrambling to restore the public’s trust as an inflation fighter.Unfortunately, that makes a recession nearly inevitable, because the Fed is going to do what it always does: Raise rates too far and push the economy into a job-killing recession.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923201806,"gmtCreate":1670858365806,"gmtModify":1676538447434,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay ","listText":"Okay ","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923201806","repostId":"1184694706","repostType":4,"repost":{"id":"1184694706","pubTimestamp":1670852410,"share":"https://www.laohu8.com/m/news/1184694706?lang=&edition=full","pubTime":"2022-12-12 21:40","market":"us","language":"en","title":"Half-Price Tesla Stock Is Still No Bargain","url":"https://stock-news.laohu8.com/highlight/detail?id=1184694706","media":"The Wall Street Journal","summary":"Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison g","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/dc8968228b4ab59af5ba4350d1c39662\" tg-width=\"860\" tg-height=\"556\" referrerpolicy=\"no-referrer\"/>Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison goes.</p><p>Tesla shares have roughly halved this year, worse than most of the EV maker’s big peers in both the auto and tech industries. Much of the underperformance has come in the past three months, amid two broad concerns. One is that demand for its products is no longer racing ahead of increasing supply,particularly in China. The other relates to risks surrounding Chief Executive Elon Musk’s purchase of Twitter, which came together in October.</p><p>The past week has been particularly bad for demand worries. Following earlier news that the company has been cutting prices and offering sales incentives in China, Bloomberg and Reuters reported that it was planning to trim production at its Shanghai factory. Tesla denied the reports, but Bloomberg followed up with details of shorter production shifts.</p><p>Lower output isn’t completely surprising given that EV sales in China have been on a hot streak ahead of the expiration of some government subsidies, potentially leading to a hangover next year. Still, the news plays into fears that Tesla’s prospects in the world’s largest car market aren’t quite as spectacular as hoped.</p><p>Meanwhile, Mr. Musk’s chaotic turnaround of Twitter can be seen variously as a management distraction, a financial liability that needs to be funded by sales of Tesla shares or loans to Mr. Musk backed by those shares, apolitical hot potatothat doesn’t sit well with a global mass-market car brand, and generally a high-risk, high-profile enterprise that could take the shine off Mr. Musk’s reputation and by extension Tesla’s brand.</p><p>These risks are hard to relate directly to profit, but so is Tesla’s valuation: The stock hasalways been hard to explainin terms of so-called fundamentals. This year’s selloff has made it easier, though.</p><p>Tesla shares now trade at about 32 times next year’sFactSetconsensus earnings—higher than most stocks but close to the lowest number in their history. Also, earnings per share are expected to grow rapidly, by 41% next year. Compare the earnings multiple with the earnings growth and you get a so-called price-earnings-growth or PEG ratio below one, often a signal that a stock is undervalued. This may be the first time Tesla shares have ever screened as cheap according to a conventional valuation metric.</p><p><img src=\"https://static.tigerbbs.com/ac4dc71f1a460e6f9f10abd665d5e04e\" tg-width=\"738\" tg-height=\"510\" width=\"100%\" height=\"auto\"/></p><p>The catch is that earnings growth needs to remain very rapid for the metric to hold much meaning. The big valuation question for Tesla investors is therefore how easily it can carry on ramping up output while maintaining the current high level of profitability. The only reasonable answer is: not at all easily. Crucially for bulls, though, the dream scenario is just about imaginable if you look at the company from the mobile-phone industry’s perspective.</p><p>IfEVs are like smartphones, Tesla can be seen as the nextApple. In the years after the iPhone’s invention, investors gave the product’s inventor a low valuation because they assumed its profit would fall in line with those of other device makers. As it turned out, the iPhone could be parlayed into an entire ecosystem, including subscriptions and other high-margin software, that has kept Apple’s profit for the most part growing.</p><p>Tesla teases the parallel with its guidance that, “over time,” profit from selling cars will be accompanied with “an acceleration of software-related profit.” The big hope here is driver-assistance software, with the company already charging $15,000 for its most advanced package.</p><p>The Apple comparison, which Mr. Musk made directly in Tesla’sthird-quarter earnings call, has enough substance to keep plenty of Tesla fans onside. But it ignores important differences. Perhaps the most fundamental one is that choosing a car brand has long been a form of personal expression, leading to a variety of brands and vehicle types. Will that change as cars go digital, with individual app and software preferences replacing differences in brand and styling? Maybe, but it is a bet against a century of automotive history.</p><p>More likely, Tesla’s ambition to increase vehicle deliveries consistently by 50% a year will dilute its margins. Today, these are high because it makes few models on a large scale and sells them for premium prices, helped by the shortage of vehicles in general and EVs in particular. Neither shortage will last forever, and Tesla’s own growth will undercut the combination of exclusivity and operational simplicity that support its current financial performance.</p><p>As for software, Tesla continues to struggle with its project to automate driving in a way more than a few of its biggest fans might be prepared to pay meaningful sums for. It isn’t alone: The entire industry hasn’t madeas much progress toward commercializing self-driving technology as it once hoped. Even if a breakthrough emerges, there islittle reason to think Tesla would make it. It doesn’t appear to have a lead over Intel’sMobileye, which supplies competitors. Recent hints that Tesla might return to using radar, a tool it previously rejected, underline the point.</p><p>Even at half-price, investors need to make some very bold assumptions to see value in Tesla’s stock.</p><p></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>Half-Price Tesla Stock Is Still No Bargain</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\">\nHalf-Price Tesla Stock Is Still No Bargain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-12 21:40 GMT+8 <a href=https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison ...</p>\n\n<a href=\"https://www.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main\">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.wsj.com/articles/half-price-tesla-stock-is-still-no-bargain-11670851513?mod=rss_markets_main","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184694706","content_text":"Electric vehicles are often described as iPhones on wheels. After a horrible few months forTeslaTSLA3.23%increase; green up pointing triangleshareholders, the question is just how far the comparison goes.Tesla shares have roughly halved this year, worse than most of the EV maker’s big peers in both the auto and tech industries. Much of the underperformance has come in the past three months, amid two broad concerns. One is that demand for its products is no longer racing ahead of increasing supply,particularly in China. The other relates to risks surrounding Chief Executive Elon Musk’s purchase of Twitter, which came together in October.The past week has been particularly bad for demand worries. Following earlier news that the company has been cutting prices and offering sales incentives in China, Bloomberg and Reuters reported that it was planning to trim production at its Shanghai factory. Tesla denied the reports, but Bloomberg followed up with details of shorter production shifts.Lower output isn’t completely surprising given that EV sales in China have been on a hot streak ahead of the expiration of some government subsidies, potentially leading to a hangover next year. Still, the news plays into fears that Tesla’s prospects in the world’s largest car market aren’t quite as spectacular as hoped.Meanwhile, Mr. Musk’s chaotic turnaround of Twitter can be seen variously as a management distraction, a financial liability that needs to be funded by sales of Tesla shares or loans to Mr. Musk backed by those shares, apolitical hot potatothat doesn’t sit well with a global mass-market car brand, and generally a high-risk, high-profile enterprise that could take the shine off Mr. Musk’s reputation and by extension Tesla’s brand.These risks are hard to relate directly to profit, but so is Tesla’s valuation: The stock hasalways been hard to explainin terms of so-called fundamentals. This year’s selloff has made it easier, though.Tesla shares now trade at about 32 times next year’sFactSetconsensus earnings—higher than most stocks but close to the lowest number in their history. Also, earnings per share are expected to grow rapidly, by 41% next year. Compare the earnings multiple with the earnings growth and you get a so-called price-earnings-growth or PEG ratio below one, often a signal that a stock is undervalued. This may be the first time Tesla shares have ever screened as cheap according to a conventional valuation metric.The catch is that earnings growth needs to remain very rapid for the metric to hold much meaning. The big valuation question for Tesla investors is therefore how easily it can carry on ramping up output while maintaining the current high level of profitability. The only reasonable answer is: not at all easily. Crucially for bulls, though, the dream scenario is just about imaginable if you look at the company from the mobile-phone industry’s perspective.IfEVs are like smartphones, Tesla can be seen as the nextApple. In the years after the iPhone’s invention, investors gave the product’s inventor a low valuation because they assumed its profit would fall in line with those of other device makers. As it turned out, the iPhone could be parlayed into an entire ecosystem, including subscriptions and other high-margin software, that has kept Apple’s profit for the most part growing.Tesla teases the parallel with its guidance that, “over time,” profit from selling cars will be accompanied with “an acceleration of software-related profit.” The big hope here is driver-assistance software, with the company already charging $15,000 for its most advanced package.The Apple comparison, which Mr. Musk made directly in Tesla’sthird-quarter earnings call, has enough substance to keep plenty of Tesla fans onside. But it ignores important differences. Perhaps the most fundamental one is that choosing a car brand has long been a form of personal expression, leading to a variety of brands and vehicle types. Will that change as cars go digital, with individual app and software preferences replacing differences in brand and styling? Maybe, but it is a bet against a century of automotive history.More likely, Tesla’s ambition to increase vehicle deliveries consistently by 50% a year will dilute its margins. Today, these are high because it makes few models on a large scale and sells them for premium prices, helped by the shortage of vehicles in general and EVs in particular. Neither shortage will last forever, and Tesla’s own growth will undercut the combination of exclusivity and operational simplicity that support its current financial performance.As for software, Tesla continues to struggle with its project to automate driving in a way more than a few of its biggest fans might be prepared to pay meaningful sums for. It isn’t alone: The entire industry hasn’t madeas much progress toward commercializing self-driving technology as it once hoped. Even if a breakthrough emerges, there islittle reason to think Tesla would make it. It doesn’t appear to have a lead over Intel’sMobileye, which supplies competitors. Recent hints that Tesla might return to using radar, a tool it previously rejected, underline the point.Even at half-price, investors need to make some very bold assumptions to see value in Tesla’s stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920978561,"gmtCreate":1670426242653,"gmtModify":1676538365651,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9920978561","repostId":"1181712898","repostType":4,"repost":{"id":"1181712898","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1670423592,"share":"https://www.laohu8.com/m/news/1181712898?lang=&edition=full","pubTime":"2022-12-07 22:33","market":"us","language":"en","title":"S&P 500 Opens Lower, Falling for a Fifth Day As Recession Risks Mount","url":"https://stock-news.laohu8.com/highlight/detail?id=1181712898","media":"Tiger Newspress","summary":"Stocks opened lower Wednesday as traders fretted over the possibility of a recession and the likelih","content":"<html><head></head><body><p>Stocks opened lower Wednesday as traders fretted over the possibility of a recession and the likelihood of a longer-than-expected hiking cycle from the Federal Reserve.</p><p>The Dow Jones Industrial Average dipped 34 points, or 0.1%, while the S&P 500 futures lost 0.2%. The Nasdaq Composite traded lower by 0.4%.</p><p>Wall Street is coming off another tough session, with the Dow falling more than 350 points, or 1.03%. The S&P 500 and Nasdaq Composite lost 1.4% and 2%, respectively.</p><p>Investors have been losing hope that the Fed will be able to engineer a so-called soft landing that successfully tamps down inflation through higher rates and also avoids a recession. Instead, concerns are swirling around the state of the economy and the likelihood of a downturn in 2023.</p><p>“All told, financial indicators point to a recession on the horizon,” wrote Wells Fargo’s Azhar Iqbal in a note to clients Wednesday. “The S&P 500 has peaked ahead of recessions with an average lead time of four months over the past few business cycles. Taken together with the inverted yield curve, markets are clearly braced for a recession in 2023.”</p><p>Investors await more economic data this week for clues on what to expect from the Fed. Mortgage loan application data showed a decline last week despite a fall in rates.</p><p>The tail end of earnings season continued with a solid report from Campbell Soup.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 Opens Lower, Falling for a Fifth Day As Recession Risks Mount</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 Opens Lower, Falling for a Fifth Day As Recession Risks Mount\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-12-07 22:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks opened lower Wednesday as traders fretted over the possibility of a recession and the likelihood of a longer-than-expected hiking cycle from the Federal Reserve.</p><p>The Dow Jones Industrial Average dipped 34 points, or 0.1%, while the S&P 500 futures lost 0.2%. The Nasdaq Composite traded lower by 0.4%.</p><p>Wall Street is coming off another tough session, with the Dow falling more than 350 points, or 1.03%. The S&P 500 and Nasdaq Composite lost 1.4% and 2%, respectively.</p><p>Investors have been losing hope that the Fed will be able to engineer a so-called soft landing that successfully tamps down inflation through higher rates and also avoids a recession. Instead, concerns are swirling around the state of the economy and the likelihood of a downturn in 2023.</p><p>“All told, financial indicators point to a recession on the horizon,” wrote Wells Fargo’s Azhar Iqbal in a note to clients Wednesday. “The S&P 500 has peaked ahead of recessions with an average lead time of four months over the past few business cycles. Taken together with the inverted yield curve, markets are clearly braced for a recession in 2023.”</p><p>Investors await more economic data this week for clues on what to expect from the Fed. Mortgage loan application data showed a decline last week despite a fall in rates.</p><p>The tail end of earnings season continued with a solid report from Campbell Soup.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181712898","content_text":"Stocks opened lower Wednesday as traders fretted over the possibility of a recession and the likelihood of a longer-than-expected hiking cycle from the Federal Reserve.The Dow Jones Industrial Average dipped 34 points, or 0.1%, while the S&P 500 futures lost 0.2%. The Nasdaq Composite traded lower by 0.4%.Wall Street is coming off another tough session, with the Dow falling more than 350 points, or 1.03%. The S&P 500 and Nasdaq Composite lost 1.4% and 2%, respectively.Investors have been losing hope that the Fed will be able to engineer a so-called soft landing that successfully tamps down inflation through higher rates and also avoids a recession. Instead, concerns are swirling around the state of the economy and the likelihood of a downturn in 2023.“All told, financial indicators point to a recession on the horizon,” wrote Wells Fargo’s Azhar Iqbal in a note to clients Wednesday. “The S&P 500 has peaked ahead of recessions with an average lead time of four months over the past few business cycles. Taken together with the inverted yield curve, markets are clearly braced for a recession in 2023.”Investors await more economic data this week for clues on what to expect from the Fed. Mortgage loan application data showed a decline last week despite a fall in rates.The tail end of earnings season continued with a solid report from Campbell Soup.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967254973,"gmtCreate":1670339511493,"gmtModify":1676538347650,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9967254973","repostId":"1183376534","repostType":4,"repost":{"id":"1183376534","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1670337280,"share":"https://www.laohu8.com/m/news/1183376534?lang=&edition=full","pubTime":"2022-12-06 22:34","market":"us","language":"en","title":"Dow Opens Lower As Markets Continue to Struggle This Week From Recession Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=1183376534","media":"Tiger Newspress","summary":"The Dow Jones Industrial Average dipped slightly Tuesday after fears of even higher rates and a loom","content":"<html><head></head><body><p>The Dow Jones Industrial Average dipped slightly Tuesday after fears of even higher rates and a looming recession sparked a sell-off during the previous session.</p><p>The Dow opened 20 points lower, while the S&P 500 and Nasdaq Composite traded flat.</p><p>The Nasdaq Composite led Monday’s downward charge, dropping 1.93% for its biggest one-day drop since Nov. 9. The S&P 500 shed 1.79%, also notching its worst day in nearly a month. The Dow, meanwhile, lost 482 points, or 1.4%.</p><p>Better-than-expected November ISM Services data, which looks at the purchasing level of manufacturers as a gauge the health of the broader economy, pressured equities Monday. The report stoked fears that the Federal Reserve will need to hike rates for longer than anticipated to bring down inflation. The release aligns with the payrolls report late last week in pointing to resilience within some areas of the economy.</p><p>Markets are largely expecting a 50 basis point rate hike at the Fed’s December meeting, but remain conflicted over how long the central bank’s interest rate hiking campaign will need to last.</p><p>Despite this backdrop, markets could still move higher in the months ahead, even though slowing growth and higher rates will persist into the new year, wrote Jason Draho, UBS’ head of asset allocation, in a note to clients.</p><p>“A year-end rally may still be in the offing, though investors are likely to remain skittish until November CPI is released on the 13th and the FOMC meeting concludes on the 14th,” he said. “If there are no surprises with these events, momentum could continue.”</p><p>Investors will look ahead to data Tuesday morning on international trade for insight into the strength of the U.S. and global economy. Later in the day, they will watch for post-bell earnings reports from Smith & Wesson and Stitch Fix.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Opens Lower As Markets Continue to Struggle This Week From Recession Worries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Opens Lower As Markets Continue to Struggle This Week From Recession Worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-12-06 22:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Dow Jones Industrial Average dipped slightly Tuesday after fears of even higher rates and a looming recession sparked a sell-off during the previous session.</p><p>The Dow opened 20 points lower, while the S&P 500 and Nasdaq Composite traded flat.</p><p>The Nasdaq Composite led Monday’s downward charge, dropping 1.93% for its biggest one-day drop since Nov. 9. The S&P 500 shed 1.79%, also notching its worst day in nearly a month. The Dow, meanwhile, lost 482 points, or 1.4%.</p><p>Better-than-expected November ISM Services data, which looks at the purchasing level of manufacturers as a gauge the health of the broader economy, pressured equities Monday. The report stoked fears that the Federal Reserve will need to hike rates for longer than anticipated to bring down inflation. The release aligns with the payrolls report late last week in pointing to resilience within some areas of the economy.</p><p>Markets are largely expecting a 50 basis point rate hike at the Fed’s December meeting, but remain conflicted over how long the central bank’s interest rate hiking campaign will need to last.</p><p>Despite this backdrop, markets could still move higher in the months ahead, even though slowing growth and higher rates will persist into the new year, wrote Jason Draho, UBS’ head of asset allocation, in a note to clients.</p><p>“A year-end rally may still be in the offing, though investors are likely to remain skittish until November CPI is released on the 13th and the FOMC meeting concludes on the 14th,” he said. “If there are no surprises with these events, momentum could continue.”</p><p>Investors will look ahead to data Tuesday morning on international trade for insight into the strength of the U.S. and global economy. Later in the day, they will watch for post-bell earnings reports from Smith & Wesson and Stitch Fix.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183376534","content_text":"The Dow Jones Industrial Average dipped slightly Tuesday after fears of even higher rates and a looming recession sparked a sell-off during the previous session.The Dow opened 20 points lower, while the S&P 500 and Nasdaq Composite traded flat.The Nasdaq Composite led Monday’s downward charge, dropping 1.93% for its biggest one-day drop since Nov. 9. The S&P 500 shed 1.79%, also notching its worst day in nearly a month. The Dow, meanwhile, lost 482 points, or 1.4%.Better-than-expected November ISM Services data, which looks at the purchasing level of manufacturers as a gauge the health of the broader economy, pressured equities Monday. The report stoked fears that the Federal Reserve will need to hike rates for longer than anticipated to bring down inflation. The release aligns with the payrolls report late last week in pointing to resilience within some areas of the economy.Markets are largely expecting a 50 basis point rate hike at the Fed’s December meeting, but remain conflicted over how long the central bank’s interest rate hiking campaign will need to last.Despite this backdrop, markets could still move higher in the months ahead, even though slowing growth and higher rates will persist into the new year, wrote Jason Draho, UBS’ head of asset allocation, in a note to clients.“A year-end rally may still be in the offing, though investors are likely to remain skittish until November CPI is released on the 13th and the FOMC meeting concludes on the 14th,” he said. “If there are no surprises with these events, momentum could continue.”Investors will look ahead to data Tuesday morning on international trade for insight into the strength of the U.S. and global economy. Later in the day, they will watch for post-bell earnings reports from Smith & Wesson and Stitch Fix.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967950033,"gmtCreate":1670252574922,"gmtModify":1676538329942,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967950033","repostId":"1144784524","repostType":4,"repost":{"id":"1144784524","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1670250830,"share":"https://www.laohu8.com/m/news/1144784524?lang=&edition=full","pubTime":"2022-12-05 22:33","market":"us","language":"en","title":"Dow Opens 200 Points Lower on Fears the Fed Will Keep Tightening Into a Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=1144784524","media":"Tiger Newspress","summary":"Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the eco","content":"<html><head></head><body><p>Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession.</p><p>The Dow Jones Industrial Average fell by 210 points, or 0.6%, while the S&P 500 and Nasdaq Composite slid by 0.6% each.</p><p>Investors are looking ahead to the next week’s Federal Reserve’s interest rate decision at the conclusion of the central bank’s December policy meeting.</p><p>Following a speech last week by Fed Chairman Jerome Powell, markets largely expect the central bank will approve a 0.5 percentage point interest rate increase. That would make a step down from a series of four straight 0.75 percentage point hikes.</p><p>However, Powell also said the “terminal rate,” or point where the Fed stops raising, likely “will need to be somewhat higher” than indicated at the September meeting. That could mean a fed funds rate that ends up in excess of 5%, from its current target range of 3.75%-4%.</p><p>Friday’s nonfarm payrolls report helped add to Fed anxiety. Average hourly earnings rose 0.6% for November, twice the Dow Jones estimate, and the 12-month increase was 5.1%, half a percentage point above expectations. Wage pressures on inflation could force the Fed into an even more aggressive stance.</p><p>Wall Street is coming off its second positive week in a row, with the S&P 500 and Nasdaq advancing 1.1% and 2.1%, respectively. The Dow advanced 0.2% last week.</p><p>Despite the recent rally, Morgan Stanley strategist Mike Wilson said the risk-reward for equities has likely reached its cap as it nears the bank’s original tactical target range of 4,000 to 4,150.</p><p>“As suggested two weeks ago, for this tactical rally to go higher, back end rates would need to fall,” he said in a note to clients Monday. “Fast forward to today and that’s what has happened. However, we are now right into our original upside targets and we recommend taking profits before the Bear returns in earnest.”</p><p>In other news, Tesla shares slumped more than 4% Monday on reports of an output cut at its Shanghai factory. Macao-linked casino stocks gained on hopes of easing Covid-19 restrictions.</p><p>On the economic front, investors are expecting the November ISM services data at 10 a.m. ET on Monday. Economists polled by the Dow Jones expected a reading of 53.7.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Opens 200 Points Lower on Fears the Fed Will Keep Tightening Into a Recession</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Opens 200 Points Lower on Fears the Fed Will Keep Tightening Into a Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-12-05 22:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession.</p><p>The Dow Jones Industrial Average fell by 210 points, or 0.6%, while the S&P 500 and Nasdaq Composite slid by 0.6% each.</p><p>Investors are looking ahead to the next week’s Federal Reserve’s interest rate decision at the conclusion of the central bank’s December policy meeting.</p><p>Following a speech last week by Fed Chairman Jerome Powell, markets largely expect the central bank will approve a 0.5 percentage point interest rate increase. That would make a step down from a series of four straight 0.75 percentage point hikes.</p><p>However, Powell also said the “terminal rate,” or point where the Fed stops raising, likely “will need to be somewhat higher” than indicated at the September meeting. That could mean a fed funds rate that ends up in excess of 5%, from its current target range of 3.75%-4%.</p><p>Friday’s nonfarm payrolls report helped add to Fed anxiety. Average hourly earnings rose 0.6% for November, twice the Dow Jones estimate, and the 12-month increase was 5.1%, half a percentage point above expectations. Wage pressures on inflation could force the Fed into an even more aggressive stance.</p><p>Wall Street is coming off its second positive week in a row, with the S&P 500 and Nasdaq advancing 1.1% and 2.1%, respectively. The Dow advanced 0.2% last week.</p><p>Despite the recent rally, Morgan Stanley strategist Mike Wilson said the risk-reward for equities has likely reached its cap as it nears the bank’s original tactical target range of 4,000 to 4,150.</p><p>“As suggested two weeks ago, for this tactical rally to go higher, back end rates would need to fall,” he said in a note to clients Monday. “Fast forward to today and that’s what has happened. However, we are now right into our original upside targets and we recommend taking profits before the Bear returns in earnest.”</p><p>In other news, Tesla shares slumped more than 4% Monday on reports of an output cut at its Shanghai factory. Macao-linked casino stocks gained on hopes of easing Covid-19 restrictions.</p><p>On the economic front, investors are expecting the November ISM services data at 10 a.m. ET on Monday. Economists polled by the Dow Jones expected a reading of 53.7.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144784524","content_text":"Stocks fell Monday on fears that the Federal Reserve may continue tightening until it steers the economy into a recession.The Dow Jones Industrial Average fell by 210 points, or 0.6%, while the S&P 500 and Nasdaq Composite slid by 0.6% each.Investors are looking ahead to the next week’s Federal Reserve’s interest rate decision at the conclusion of the central bank’s December policy meeting.Following a speech last week by Fed Chairman Jerome Powell, markets largely expect the central bank will approve a 0.5 percentage point interest rate increase. That would make a step down from a series of four straight 0.75 percentage point hikes.However, Powell also said the “terminal rate,” or point where the Fed stops raising, likely “will need to be somewhat higher” than indicated at the September meeting. That could mean a fed funds rate that ends up in excess of 5%, from its current target range of 3.75%-4%.Friday’s nonfarm payrolls report helped add to Fed anxiety. Average hourly earnings rose 0.6% for November, twice the Dow Jones estimate, and the 12-month increase was 5.1%, half a percentage point above expectations. Wage pressures on inflation could force the Fed into an even more aggressive stance.Wall Street is coming off its second positive week in a row, with the S&P 500 and Nasdaq advancing 1.1% and 2.1%, respectively. The Dow advanced 0.2% last week.Despite the recent rally, Morgan Stanley strategist Mike Wilson said the risk-reward for equities has likely reached its cap as it nears the bank’s original tactical target range of 4,000 to 4,150.“As suggested two weeks ago, for this tactical rally to go higher, back end rates would need to fall,” he said in a note to clients Monday. “Fast forward to today and that’s what has happened. However, we are now right into our original upside targets and we recommend taking profits before the Bear returns in earnest.”In other news, Tesla shares slumped more than 4% Monday on reports of an output cut at its Shanghai factory. Macao-linked casino stocks gained on hopes of easing Covid-19 restrictions.On the economic front, investors are expecting the November ISM services data at 10 a.m. ET on Monday. Economists polled by the Dow Jones expected a reading of 53.7.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964113787,"gmtCreate":1670108378050,"gmtModify":1676538302078,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964113787","repostId":"1103525840","repostType":4,"repost":{"id":"1103525840","pubTimestamp":1670024554,"share":"https://www.laohu8.com/m/news/1103525840?lang=&edition=full","pubTime":"2022-12-03 07:42","market":"us","language":"en","title":"EU Backs Russian Oil Price Cap of $60 a Barrel","url":"https://stock-news.laohu8.com/highlight/detail?id=1103525840","media":"The Wall Street Journal","summary":"The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months aft","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/03f9343343cdf98f03443da12104c2a7\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/>The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months after its invasion of Ukraine.</p><p>The agreement among Australia and the G-7—Canada, France, Germany, Italy, Japan, the U.K. and the U.S.—came just hours after the European Union united behind the figure. Poland, a holdout over the past few days for a lower cap, agreed to $60 a barrel earlier on Friday, clearing the way for the deal. The European Commission, the EU’s executive arm, had initially proposed setting the cap between $65 to $70 a barrel.</p><p>The cap will ban Western companies from insuring, financing or shipping Russian oil unless the oil is sold below $60 a barrel. The U.S. and its allies designed the system in an attempt to cut intoMoscow’s oil revenueswhile keeping Russian crude—an important part of global supply—available on the market. It aims to leverage the concentration of maritime services in the West to curb Moscow’s ability to wagewar in Ukraine.</p><p>“With Russia’s economy already contracting and its budget increasingly stretched thin, the price cap will immediately cut into [Russian President Vladimir] Putin’s most important source of revenue,” Treasury SecretaryJanet Yellen, the lead architect of the plan, said in a statement.</p><p>Russian officials have threatened to cut off oil exports in response to the cap, arguing that the sanction distorts market dynamics and could lead to an increase in global prices. But as of Friday, there were no signs on markets that Russia had started to withdraw its oil from global markets.</p><p>Brent crude, the global oil benchmark, traded around $85 a barrel Friday, dropping after the EU reached its agreement. Analysts and U.S. officials view the price of Russian crude, or Urals, as opaque and difficult to discover. Data provider Refinitiv listed the price of Urals at about $69 a barrel on Thursday, while Argus Media pegged the price at about $48 a barrel in the Baltic port of Primorsk on Wednesday. Western officials maintain that a cap at $60 a barrel will still cut into Russia’s profits and have said they could lower the price over time.</p><p>“The EU agreement on an oil price cap, coordinated with G-7 and others, will reduce Russia’s revenues significantly,” European Commission PresidentUrsula von der Leyensaid in a tweet Friday. “It will help us stabilize global energy prices, benefiting emerging economies around the world.”</p><p>Biden administration officials had hoped to have selected the price cap several weeks ago, but disagreements with Europe about how harsh to make the penalty delayed the effort.</p><p>Ms. Yellen and other U.S. officials pushed the plan hard to get it into place this year. Within half an hour of Poland saying Thursday it needed extra time to consider the price cap, Polish government officials were receiving phone calls from senior U.S. officials pushing them to sign off, according to a Polish official.</p><p>The governments of India and China, two of the largest buyers of Russian crude, haven’t embraced the price-cap proposal, wary of joining a U.S.-led sanction program against Russia. Biden administration officials say they hope that refineries and other buyers in India might opt to comply with the cap so they can access cheaper and more reliable Western maritime services.</p><p>In general, the U.S. is relying on the lure of cheaper oil—and the centrality of Western maritime services—to woo buyers worldwide to buy oil under the cap. Earlier efforts to encourage countries to affirmatively commit to buying Russian oil at a price set by the West largely fizzled, as countries that haven't joined sanctions on Russia remained neutral. Some countries, though, including Indonesia, have indicated that they would buy cheaper oil if it is available through the plan.</p><p>The EU and U.K. will also ban the import of Russian crude on Monday, meaning the cap is aimed at Russia’s sales to the rest of the global market. They will ban the import of Russian refinery products on Feb. 5, 2023, when the West is also hoping to set price caps on the export of Russian petroleum products.</p><p>Poland, Lithuania and Estonia argued during talks that the cap should be set below Russia’s current market rates. They secured a commitment to review the price level every two months starting in mid-January. The EU says the aim would be to set the cap at least 5% below Russia’s market prices.</p><p>Adjusting the price will renew a debate that has been at the center of the price cap effort: how tightly to squeeze Russia’s oil industry. U.S. officials, wary of upsetting global oil markets after oil climbed to roughly $120 a barrel earlier this year, have pushed to make the sanction a relatively relaxed program. In Eastern Europe, as well as in Ukraine and in some offices on Capitol Hill, officials have sought to impose stricter sanctions on Russian oil to try to squeeze a central source of tax revenue for Moscow.</p><p>When negotiations over the price started last week in Brussels, Polish officials sought a cap at $30 a barrel, a level they said was in line with Russia’s production costs. U.S. officials wanted to a limit near Russia’s historical sales prices of around $65 a barrel, hoping to preserve Russia’s incentive to keep supplying global markets.</p><p>The U.S. has tried to roll back elements of Europe’s sanctions on Russian oil this year. Biden administration officials conceived of the price cap itself as a way to relax Europe’s original plan to completelyban the insurance and financing of Russian oil shipments. Because much of the world’s maritime insurance is concentrated in London, U.S. officials worried that a full ban could jeopardize global oil markets and send crude as high as $140 a barrel. The price cap is a carve-out to those original plans.</p><p>U.S. officials tried to craft the plan so that banks, insurers and traders will feel comfortable handling Russian oil, pushing so that only firms that intentionally handle oil traded above the cap will face penalties.</p><p>The plan nevertheless faced steep skepticism from oil traders and financiers after it was introduced in the spring. They raised a number of concerns about the plan: Russia could refuse to sell its crude under the cap, large buyers of Russian oil may not respect the Western rules and the private sector would struggle to comply with new requirements.</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>EU Backs Russian Oil Price Cap of $60 a Barrel</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\">\nEU Backs Russian Oil Price Cap of $60 a Barrel\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:42 GMT+8 <a href=https://www.wsj.com/articles/eu-g-7-wait-on-poland-to-advance-with-russian-oil-price-cap-11669983529?mod=hp_lead_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months ...</p>\n\n<a href=\"https://www.wsj.com/articles/eu-g-7-wait-on-poland-to-advance-with-russian-oil-price-cap-11669983529?mod=hp_lead_pos1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/eu-g-7-wait-on-poland-to-advance-with-russian-oil-price-cap-11669983529?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103525840","content_text":"The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months after its invasion of Ukraine.The agreement among Australia and the G-7—Canada, France, Germany, Italy, Japan, the U.K. and the U.S.—came just hours after the European Union united behind the figure. Poland, a holdout over the past few days for a lower cap, agreed to $60 a barrel earlier on Friday, clearing the way for the deal. The European Commission, the EU’s executive arm, had initially proposed setting the cap between $65 to $70 a barrel.The cap will ban Western companies from insuring, financing or shipping Russian oil unless the oil is sold below $60 a barrel. The U.S. and its allies designed the system in an attempt to cut intoMoscow’s oil revenueswhile keeping Russian crude—an important part of global supply—available on the market. It aims to leverage the concentration of maritime services in the West to curb Moscow’s ability to wagewar in Ukraine.“With Russia’s economy already contracting and its budget increasingly stretched thin, the price cap will immediately cut into [Russian President Vladimir] Putin’s most important source of revenue,” Treasury SecretaryJanet Yellen, the lead architect of the plan, said in a statement.Russian officials have threatened to cut off oil exports in response to the cap, arguing that the sanction distorts market dynamics and could lead to an increase in global prices. But as of Friday, there were no signs on markets that Russia had started to withdraw its oil from global markets.Brent crude, the global oil benchmark, traded around $85 a barrel Friday, dropping after the EU reached its agreement. Analysts and U.S. officials view the price of Russian crude, or Urals, as opaque and difficult to discover. Data provider Refinitiv listed the price of Urals at about $69 a barrel on Thursday, while Argus Media pegged the price at about $48 a barrel in the Baltic port of Primorsk on Wednesday. Western officials maintain that a cap at $60 a barrel will still cut into Russia’s profits and have said they could lower the price over time.“The EU agreement on an oil price cap, coordinated with G-7 and others, will reduce Russia’s revenues significantly,” European Commission PresidentUrsula von der Leyensaid in a tweet Friday. “It will help us stabilize global energy prices, benefiting emerging economies around the world.”Biden administration officials had hoped to have selected the price cap several weeks ago, but disagreements with Europe about how harsh to make the penalty delayed the effort.Ms. Yellen and other U.S. officials pushed the plan hard to get it into place this year. Within half an hour of Poland saying Thursday it needed extra time to consider the price cap, Polish government officials were receiving phone calls from senior U.S. officials pushing them to sign off, according to a Polish official.The governments of India and China, two of the largest buyers of Russian crude, haven’t embraced the price-cap proposal, wary of joining a U.S.-led sanction program against Russia. Biden administration officials say they hope that refineries and other buyers in India might opt to comply with the cap so they can access cheaper and more reliable Western maritime services.In general, the U.S. is relying on the lure of cheaper oil—and the centrality of Western maritime services—to woo buyers worldwide to buy oil under the cap. Earlier efforts to encourage countries to affirmatively commit to buying Russian oil at a price set by the West largely fizzled, as countries that haven't joined sanctions on Russia remained neutral. Some countries, though, including Indonesia, have indicated that they would buy cheaper oil if it is available through the plan.The EU and U.K. will also ban the import of Russian crude on Monday, meaning the cap is aimed at Russia’s sales to the rest of the global market. They will ban the import of Russian refinery products on Feb. 5, 2023, when the West is also hoping to set price caps on the export of Russian petroleum products.Poland, Lithuania and Estonia argued during talks that the cap should be set below Russia’s current market rates. They secured a commitment to review the price level every two months starting in mid-January. The EU says the aim would be to set the cap at least 5% below Russia’s market prices.Adjusting the price will renew a debate that has been at the center of the price cap effort: how tightly to squeeze Russia’s oil industry. U.S. officials, wary of upsetting global oil markets after oil climbed to roughly $120 a barrel earlier this year, have pushed to make the sanction a relatively relaxed program. In Eastern Europe, as well as in Ukraine and in some offices on Capitol Hill, officials have sought to impose stricter sanctions on Russian oil to try to squeeze a central source of tax revenue for Moscow.When negotiations over the price started last week in Brussels, Polish officials sought a cap at $30 a barrel, a level they said was in line with Russia’s production costs. U.S. officials wanted to a limit near Russia’s historical sales prices of around $65 a barrel, hoping to preserve Russia’s incentive to keep supplying global markets.The U.S. has tried to roll back elements of Europe’s sanctions on Russian oil this year. Biden administration officials conceived of the price cap itself as a way to relax Europe’s original plan to completelyban the insurance and financing of Russian oil shipments. Because much of the world’s maritime insurance is concentrated in London, U.S. officials worried that a full ban could jeopardize global oil markets and send crude as high as $140 a barrel. The price cap is a carve-out to those original plans.U.S. officials tried to craft the plan so that banks, insurers and traders will feel comfortable handling Russian oil, pushing so that only firms that intentionally handle oil traded above the cap will face penalties.The plan nevertheless faced steep skepticism from oil traders and financiers after it was introduced in the spring. They raised a number of concerns about the plan: Russia could refuse to sell its crude under the cap, large buyers of Russian oil may not respect the Western rules and the private sector would struggle to comply with new requirements.","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965133646,"gmtCreate":1669907690385,"gmtModify":1676538267891,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Kah","listText":"Kah","text":"Kah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9965133646","repostId":"2288677085","repostType":4,"repost":{"id":"2288677085","pubTimestamp":1669909536,"share":"https://www.laohu8.com/m/news/2288677085?lang=&edition=full","pubTime":"2022-12-01 23:45","market":"us","language":"en","title":"2 Green Flags for Tesla's Future","url":"https://stock-news.laohu8.com/highlight/detail?id=2288677085","media":"Motley Fool","summary":"Now's the time to buy Tesla stock, as it's backed by an important growth catalyst.","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TSLA\">Tesla</a> has delivered astounding returns for investors in recent years. It's emerging as an iconic brand that people aspire to own. Most importantly, Tesla has found a profitable path to deliver long-term growth, which the top automakers are struggling to do these days.</p><p>Despite tremendous brand power, Tesla faces mounting pressures in the near term, including softening demand in China, which may force the company to lower selling prices on certain models. These headwinds have sent the stock down 56% from its peak in 2021.</p><p>I believe the bear market is the perfect opportunity for those who have been on the fence over Tesla's high valuation to add shares to their portfolio. Here are two signs that Tesla's remarkable run is not over.</p><h2>1. Cybertruck is coming</h2><p>Tesla CEO Elon Musk unveiled the company's first truck in 2019 to much fanfare. The company planned to launch its first pickup at an affordable price of less than $40,000. With delays in production and high inflation driving up the cost of parts and labor, it will likely debut a bit pricier than originally projected. Regardless, it seems Tesla will try to price the vehicle to compete with the <b>Ford</b> F-150 -- the top-selling vehicle in the U.S. last year.</p><p>The F-150 is Ford's highest-volume vehicle, but Tesla could take some share away from the industry leader. Cybertruck might be the most highly anticipated electric vehicle launch to date, with a reported 3 million already having placed a reservation to order. For context, that is nearly 10 times the total amount of deliveries Tesla made in the third quarter alone, which indicates a major future sales driver.</p><p>Americans love their trucks, so it wouldn't be surprising for Cybertruck to become Tesla's best-selling vehicle. During the third-quarter earnings call, Musk said, "We're in the final lap for Cybertruck," with production scheduled to begin by the middle of 2023.</p><h2>2. Tesla is rapidly growing profits</h2><p>Tesla not only has a major upcoming growth catalyst in Cybertruck, but investors should also take comfort in the fact that Tesla is a rare electric vehicle maker that is profitable. <b>Morgan Stanley</b> analyst Adam Jonas recently noted that "Tesla is the only name we cover that generates a profit (before incentives) on the sale of EVs."</p><p>Through the first three quarters of 2022, Tesla earned a net profit of $8.9 billion on $57 billion of revenue. That is much better than Ford's net loss of $3.3 billion on revenue of $114 billion.</p><p>Tesla has a superior record of generating profitable growth compared to leading car manufacturers, which is why the stock has soared. Tesla is currently generating about 10 times the level of profit it produced five years ago, while Ford and <b>General Motors</b> have struggled to generate an adequate profit margin.</p><p><img src=\"https://static.tigerbbs.com/723f5933f925fd43645deac49d276461\" tg-width=\"720\" tg-height=\"410\" referrerpolicy=\"no-referrer\"/></p><p>Data by YCharts.</p><p>As Ford and GM crank up their EV operations to compete, Tesla's profitability gives it a major financial advantage to build a better product and provide superior service to its customers.</p><p>Tesla is on pace to increase production by 50% heading into 2023. This is clearly in preparation to meet growing demand, which will only continue to increase with its first truck. Musk has called Cybertruck a "hall of famer, next level" vehicle that is going to be "sick and sick."</p><p>These are the reasons I believe now is a great opportunity to invest in Tesla stock. It's trading at a discount to where it will likely trade when the market is in a better mood.</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>2 Green Flags for Tesla's Future</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\">\n2 Green Flags for Tesla's Future\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-01 23:45 GMT+8 <a href=https://www.fool.com/investing/2022/12/01/2-green-flags-for-teslas-future/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla has delivered astounding returns for investors in recent years. It's emerging as an iconic brand that people aspire to own. Most importantly, Tesla has found a profitable path to deliver long-...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/01/2-green-flags-for-teslas-future/\">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.fool.com/investing/2022/12/01/2-green-flags-for-teslas-future/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288677085","content_text":"Tesla has delivered astounding returns for investors in recent years. It's emerging as an iconic brand that people aspire to own. Most importantly, Tesla has found a profitable path to deliver long-term growth, which the top automakers are struggling to do these days.Despite tremendous brand power, Tesla faces mounting pressures in the near term, including softening demand in China, which may force the company to lower selling prices on certain models. These headwinds have sent the stock down 56% from its peak in 2021.I believe the bear market is the perfect opportunity for those who have been on the fence over Tesla's high valuation to add shares to their portfolio. Here are two signs that Tesla's remarkable run is not over.1. Cybertruck is comingTesla CEO Elon Musk unveiled the company's first truck in 2019 to much fanfare. The company planned to launch its first pickup at an affordable price of less than $40,000. With delays in production and high inflation driving up the cost of parts and labor, it will likely debut a bit pricier than originally projected. Regardless, it seems Tesla will try to price the vehicle to compete with the Ford F-150 -- the top-selling vehicle in the U.S. last year.The F-150 is Ford's highest-volume vehicle, but Tesla could take some share away from the industry leader. Cybertruck might be the most highly anticipated electric vehicle launch to date, with a reported 3 million already having placed a reservation to order. For context, that is nearly 10 times the total amount of deliveries Tesla made in the third quarter alone, which indicates a major future sales driver.Americans love their trucks, so it wouldn't be surprising for Cybertruck to become Tesla's best-selling vehicle. During the third-quarter earnings call, Musk said, \"We're in the final lap for Cybertruck,\" with production scheduled to begin by the middle of 2023.2. Tesla is rapidly growing profitsTesla not only has a major upcoming growth catalyst in Cybertruck, but investors should also take comfort in the fact that Tesla is a rare electric vehicle maker that is profitable. Morgan Stanley analyst Adam Jonas recently noted that \"Tesla is the only name we cover that generates a profit (before incentives) on the sale of EVs.\"Through the first three quarters of 2022, Tesla earned a net profit of $8.9 billion on $57 billion of revenue. That is much better than Ford's net loss of $3.3 billion on revenue of $114 billion.Tesla has a superior record of generating profitable growth compared to leading car manufacturers, which is why the stock has soared. Tesla is currently generating about 10 times the level of profit it produced five years ago, while Ford and General Motors have struggled to generate an adequate profit margin.Data by YCharts.As Ford and GM crank up their EV operations to compete, Tesla's profitability gives it a major financial advantage to build a better product and provide superior service to its customers.Tesla is on pace to increase production by 50% heading into 2023. This is clearly in preparation to meet growing demand, which will only continue to increase with its first truck. Musk has called Cybertruck a \"hall of famer, next level\" vehicle that is going to be \"sick and sick.\"These are the reasons I believe now is a great opportunity to invest in Tesla stock. It's trading at a discount to where it will likely trade when the market is in a better mood.","news_type":1},"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962410636,"gmtCreate":1669821964125,"gmtModify":1676538250641,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9962410636","repostId":"1118460536","repostType":4,"repost":{"id":"1118460536","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":1669821732,"share":"https://www.laohu8.com/m/news/1118460536?lang=&edition=full","pubTime":"2022-11-30 23:22","market":"us","language":"en","title":"Powell Will Offer a New Mantra: Slow and Steady","url":"https://stock-news.laohu8.com/highlight/detail?id=1118460536","media":"Dow Jones","summary":"Federal Reserve Chairman Jerome Powell will have an opportunity on Wednesday to lay the groundwork f","content":"<html><head></head><body><p>Federal Reserve Chairman Jerome Powell will have an opportunity on Wednesday to lay the groundwork for where the central bank is headed when policy makers meet next month—and he’ll likely use it to make the case for slower but steady interest rate hikes.</p><p>In a speech Wednesday afternoon at the Brookings Institution, Powell is expected to reinforce the dual message central bank officials have been making for weeks: that the Fed is on track to ease up slightly on its pace of monetary policy tightening, likely slowing to a 50 basis point increase next month after four straight 75 basis point hikes.</p><p>But at the same time, Powell will likely note as well the central bank is still focused on reining in inflation and will continue raising interest rates for months to come—and policy makers may ultimately lift rates higher than they had once expected.</p><p>“There’s no way he’s going in there tomorrow to shock and awe,” says Claudia Sahm, a former Fed economist and the founder of Sahm Consulting. “This is going to be a really strong signal to 50 [basis points].”</p><p>The speech will be one of the last and highest-profile opportunities for the Fed to set the narrative before central bank officials enter their “blackout period” ahead of the Dec. 13-14 policy meeting. It comes just two days before the release of the November jobs report, which will offer the clearest indication yet of whether the Fed’s steps to tighten monetary policy so far have begun to weaken the labor market.</p><p>It also comes less than two weeks before the release of November’s consumer price data, which will show whether the central bank is continuing to make progress in its quest to return the economy to price stability.</p><p>But the Fed is likely to proceed with its carefully laid out path forward and vote for a half-point rate hike in December regardless of what either of the forthcoming data reports show, economists say. The bigger question will be what comes after that, and Powell’s remarks could offer some insight as to how the central bank is thinking about the months ahead.</p><p>Most investors and economists expect the Fed will downshift once again at its first meeting of 2023 in early February to a quarter-point hike, and then pause rates for some time as it waits to see how the economy reacts. But those decisions will depend largely on whether the data show inflation slowing and the labor market holding relatively steady, as the Fed wants to see.</p><p>“The key for the Fed now will be to strike a delicate balance. It needs to go slow enough so as to not ‘break something,’” Richard de Chazal, a macro analyst with William Blair, wrote on Tuesday. “But the Fed also still needs to increase rates at a fast enough pace to ensure longer-term inflationary expectations remain well anchored.”</p><p>Powell’s remarks are set to begin at 1:30 p.m.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Powell Will Offer a New Mantra: Slow and Steady</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\">\nPowell Will Offer a New Mantra: Slow and Steady\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\">2022-11-30 23:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Federal Reserve Chairman Jerome Powell will have an opportunity on Wednesday to lay the groundwork for where the central bank is headed when policy makers meet next month—and he’ll likely use it to make the case for slower but steady interest rate hikes.</p><p>In a speech Wednesday afternoon at the Brookings Institution, Powell is expected to reinforce the dual message central bank officials have been making for weeks: that the Fed is on track to ease up slightly on its pace of monetary policy tightening, likely slowing to a 50 basis point increase next month after four straight 75 basis point hikes.</p><p>But at the same time, Powell will likely note as well the central bank is still focused on reining in inflation and will continue raising interest rates for months to come—and policy makers may ultimately lift rates higher than they had once expected.</p><p>“There’s no way he’s going in there tomorrow to shock and awe,” says Claudia Sahm, a former Fed economist and the founder of Sahm Consulting. “This is going to be a really strong signal to 50 [basis points].”</p><p>The speech will be one of the last and highest-profile opportunities for the Fed to set the narrative before central bank officials enter their “blackout period” ahead of the Dec. 13-14 policy meeting. It comes just two days before the release of the November jobs report, which will offer the clearest indication yet of whether the Fed’s steps to tighten monetary policy so far have begun to weaken the labor market.</p><p>It also comes less than two weeks before the release of November’s consumer price data, which will show whether the central bank is continuing to make progress in its quest to return the economy to price stability.</p><p>But the Fed is likely to proceed with its carefully laid out path forward and vote for a half-point rate hike in December regardless of what either of the forthcoming data reports show, economists say. The bigger question will be what comes after that, and Powell’s remarks could offer some insight as to how the central bank is thinking about the months ahead.</p><p>Most investors and economists expect the Fed will downshift once again at its first meeting of 2023 in early February to a quarter-point hike, and then pause rates for some time as it waits to see how the economy reacts. But those decisions will depend largely on whether the data show inflation slowing and the labor market holding relatively steady, as the Fed wants to see.</p><p>“The key for the Fed now will be to strike a delicate balance. It needs to go slow enough so as to not ‘break something,’” Richard de Chazal, a macro analyst with William Blair, wrote on Tuesday. “But the Fed also still needs to increase rates at a fast enough pace to ensure longer-term inflationary expectations remain well anchored.”</p><p>Powell’s remarks are set to begin at 1:30 p.m.</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":"1118460536","content_text":"Federal Reserve Chairman Jerome Powell will have an opportunity on Wednesday to lay the groundwork for where the central bank is headed when policy makers meet next month—and he’ll likely use it to make the case for slower but steady interest rate hikes.In a speech Wednesday afternoon at the Brookings Institution, Powell is expected to reinforce the dual message central bank officials have been making for weeks: that the Fed is on track to ease up slightly on its pace of monetary policy tightening, likely slowing to a 50 basis point increase next month after four straight 75 basis point hikes.But at the same time, Powell will likely note as well the central bank is still focused on reining in inflation and will continue raising interest rates for months to come—and policy makers may ultimately lift rates higher than they had once expected.“There’s no way he’s going in there tomorrow to shock and awe,” says Claudia Sahm, a former Fed economist and the founder of Sahm Consulting. “This is going to be a really strong signal to 50 [basis points].”The speech will be one of the last and highest-profile opportunities for the Fed to set the narrative before central bank officials enter their “blackout period” ahead of the Dec. 13-14 policy meeting. It comes just two days before the release of the November jobs report, which will offer the clearest indication yet of whether the Fed’s steps to tighten monetary policy so far have begun to weaken the labor market.It also comes less than two weeks before the release of November’s consumer price data, which will show whether the central bank is continuing to make progress in its quest to return the economy to price stability.But the Fed is likely to proceed with its carefully laid out path forward and vote for a half-point rate hike in December regardless of what either of the forthcoming data reports show, economists say. The bigger question will be what comes after that, and Powell’s remarks could offer some insight as to how the central bank is thinking about the months ahead.Most investors and economists expect the Fed will downshift once again at its first meeting of 2023 in early February to a quarter-point hike, and then pause rates for some time as it waits to see how the economy reacts. But those decisions will depend largely on whether the data show inflation slowing and the labor market holding relatively steady, as the Fed wants to see.“The key for the Fed now will be to strike a delicate balance. It needs to go slow enough so as to not ‘break something,’” Richard de Chazal, a macro analyst with William Blair, wrote on Tuesday. “But the Fed also still needs to increase rates at a fast enough pace to ensure longer-term inflationary expectations remain well anchored.”Powell’s remarks are set to begin at 1:30 p.m.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966769113,"gmtCreate":1669647765833,"gmtModify":1676538218315,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966769113","repostId":"1146946352","repostType":4,"repost":{"id":"1146946352","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1669647283,"share":"https://www.laohu8.com/m/news/1146946352?lang=&edition=full","pubTime":"2022-11-28 22:54","market":"us","language":"en","title":"Taboola Surges 60% After Yahoo Enters Commercial Pact, Takes Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1146946352","media":"Tiger Newspress","summary":"Taboola surged nearly 60% in morning trading after the Internet advertising firm entered into 30-yea","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/TBLA\">Taboola</a> surged nearly 60% in morning trading after the Internet advertising firm entered into 30-year exclusive agreement with Yahoo.</p><p><img src=\"https://static.tigerbbs.com/bd7bbbb8f2e299f3d47c1f457b3ad16e\" tg-width=\"834\" tg-height=\"721\" referrerpolicy=\"no-referrer\"/></p><p>Under the partnership, which is expected to generate $1 billion in annual revenue, Taboola (TBLA) will power native advertising exclusively across Yahoo's digital properties, according to a statement. Yahoo will take a 25% stake in Taboola and will add one representative on the company's board.</p><p>The agreement is expected to close in the Q1 of next year. Taboola (TBLA) will hold a special meeting of shareholders on Dec. 30 to seek holder approval for the deal.</p><p>The agreement is expected to be "highly" accretive to Taboola (TBLA) revenue, adj. EBITDA and free cash flow.</p><p>LionTree, which is a co-investor in Yahoo, served as financial advisor to the transaction. Evercore served as advisor to Yahoo. LUMA Partners also served as an advisor.</p><p>Earlier this month Taboola (TBLA) announced a new partnership with BuzzFeed to provide ads and content recommendations on BuzzFeed's premium websites.</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>Taboola Surges 60% After Yahoo Enters Commercial Pact, Takes Stake</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\">\nTaboola Surges 60% After Yahoo Enters Commercial Pact, Takes Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-28 22:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/TBLA\">Taboola</a> surged nearly 60% in morning trading after the Internet advertising firm entered into 30-year exclusive agreement with Yahoo.</p><p><img src=\"https://static.tigerbbs.com/bd7bbbb8f2e299f3d47c1f457b3ad16e\" tg-width=\"834\" tg-height=\"721\" referrerpolicy=\"no-referrer\"/></p><p>Under the partnership, which is expected to generate $1 billion in annual revenue, Taboola (TBLA) will power native advertising exclusively across Yahoo's digital properties, according to a statement. Yahoo will take a 25% stake in Taboola and will add one representative on the company's board.</p><p>The agreement is expected to close in the Q1 of next year. Taboola (TBLA) will hold a special meeting of shareholders on Dec. 30 to seek holder approval for the deal.</p><p>The agreement is expected to be "highly" accretive to Taboola (TBLA) revenue, adj. EBITDA and free cash flow.</p><p>LionTree, which is a co-investor in Yahoo, served as financial advisor to the transaction. Evercore served as advisor to Yahoo. LUMA Partners also served as an advisor.</p><p>Earlier this month Taboola (TBLA) announced a new partnership with BuzzFeed to provide ads and content recommendations on BuzzFeed's premium websites.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TBLA":"Taboola Com Ltd"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146946352","content_text":"Taboola surged nearly 60% in morning trading after the Internet advertising firm entered into 30-year exclusive agreement with Yahoo.Under the partnership, which is expected to generate $1 billion in annual revenue, Taboola (TBLA) will power native advertising exclusively across Yahoo's digital properties, according to a statement. Yahoo will take a 25% stake in Taboola and will add one representative on the company's board.The agreement is expected to close in the Q1 of next year. Taboola (TBLA) will hold a special meeting of shareholders on Dec. 30 to seek holder approval for the deal.The agreement is expected to be \"highly\" accretive to Taboola (TBLA) revenue, adj. EBITDA and free cash flow.LionTree, which is a co-investor in Yahoo, served as financial advisor to the transaction. Evercore served as advisor to Yahoo. LUMA Partners also served as an advisor.Earlier this month Taboola (TBLA) announced a new partnership with BuzzFeed to provide ads and content recommendations on BuzzFeed's premium websites.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966253873,"gmtCreate":1669565135293,"gmtModify":1676538207847,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966253873","repostId":"2286634235","repostType":4,"repost":{"id":"2286634235","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":1669512318,"share":"https://www.laohu8.com/m/news/2286634235?lang=&edition=full","pubTime":"2022-11-27 09:25","market":"us","language":"en","title":"Musk Says He Will Support DeSantis If Florida Governor Runs for President","url":"https://stock-news.laohu8.com/highlight/detail?id=2286634235","media":"Reuters","summary":"Billionaire Elon Musk said on Friday he would support Ron DeSantis in 2024 if the Florida governor, ","content":"<html><head></head><body><p>Billionaire Elon Musk said on Friday he would support Ron DeSantis in 2024 if the Florida governor, who recently coasted to a second term, were to run for president.</p><p>DeSantis earlier this month defeated Democratic opponent Charlie Crist by nearly 20 percentage points to be re-elected as Florida governor and cemented himself as the Republican Party's top rising star.</p><p>Political pundits have been doling out high marks to DeSantis, who is seen as a potential challenger to former president Donald Trump in the 2024 field of Republican presidential candidates. Trump announced 10 days ago he was running for election again in 2024.</p><p>"My preference for the 2024 presidency is someone sensible and centrist. I had hoped that would the case for the Biden administration, but have been disappointed so far," Musk said on Twitter.</p><p>"Yes", he replied in a tweet when asked if he would support DeSantis in 2024.</p><p>"As a reminder, I was a significant supporter of the Obama-Biden presidency and (reluctantly) voted for Biden over Trump," the Twitter owner said.</p><p>Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024, and added the Florida governor would easily defeat Biden in the election.</p><p>When asked back then about Musk's support, DeSantis joked, "I welcome support from African-Americans, what can I say." Musk, who is white, grew up in South Africa.</p><p>DeSantis is especially popular with conservatives for taking the lead on culture war issues concerning race and gender. His governorship has been marked by his rejection of pandemic-related health restrictions, passage of a law limiting discussion of LGBTQ issues in schools, and a feud with Walt Disney over the law.</p><p>Musk urged Americans to elect a Republican Congress in the U.S. midterm elections earlier this month to counterbalance Biden's Democrats. However, the Democrats defied Republican hopes for a "red wave" in the midterms and retained control of the Senate while the Republicans only won a narrow majority in the House of Representatives.</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>Musk Says He Will Support DeSantis If Florida Governor Runs for President</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\">\nMusk Says He Will Support DeSantis If Florida Governor Runs for President\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-27 09:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Billionaire Elon Musk said on Friday he would support Ron DeSantis in 2024 if the Florida governor, who recently coasted to a second term, were to run for president.</p><p>DeSantis earlier this month defeated Democratic opponent Charlie Crist by nearly 20 percentage points to be re-elected as Florida governor and cemented himself as the Republican Party's top rising star.</p><p>Political pundits have been doling out high marks to DeSantis, who is seen as a potential challenger to former president Donald Trump in the 2024 field of Republican presidential candidates. Trump announced 10 days ago he was running for election again in 2024.</p><p>"My preference for the 2024 presidency is someone sensible and centrist. I had hoped that would the case for the Biden administration, but have been disappointed so far," Musk said on Twitter.</p><p>"Yes", he replied in a tweet when asked if he would support DeSantis in 2024.</p><p>"As a reminder, I was a significant supporter of the Obama-Biden presidency and (reluctantly) voted for Biden over Trump," the Twitter owner said.</p><p>Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024, and added the Florida governor would easily defeat Biden in the election.</p><p>When asked back then about Musk's support, DeSantis joked, "I welcome support from African-Americans, what can I say." Musk, who is white, grew up in South Africa.</p><p>DeSantis is especially popular with conservatives for taking the lead on culture war issues concerning race and gender. His governorship has been marked by his rejection of pandemic-related health restrictions, passage of a law limiting discussion of LGBTQ issues in schools, and a feud with Walt Disney over the law.</p><p>Musk urged Americans to elect a Republican Congress in the U.S. midterm elections earlier this month to counterbalance Biden's Democrats. However, the Democrats defied Republican hopes for a "red wave" in the midterms and retained control of the Senate while the Republicans only won a narrow majority in the House of Representatives.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286634235","content_text":"Billionaire Elon Musk said on Friday he would support Ron DeSantis in 2024 if the Florida governor, who recently coasted to a second term, were to run for president.DeSantis earlier this month defeated Democratic opponent Charlie Crist by nearly 20 percentage points to be re-elected as Florida governor and cemented himself as the Republican Party's top rising star.Political pundits have been doling out high marks to DeSantis, who is seen as a potential challenger to former president Donald Trump in the 2024 field of Republican presidential candidates. Trump announced 10 days ago he was running for election again in 2024.\"My preference for the 2024 presidency is someone sensible and centrist. I had hoped that would the case for the Biden administration, but have been disappointed so far,\" Musk said on Twitter.\"Yes\", he replied in a tweet when asked if he would support DeSantis in 2024.\"As a reminder, I was a significant supporter of the Obama-Biden presidency and (reluctantly) voted for Biden over Trump,\" the Twitter owner said.Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024, and added the Florida governor would easily defeat Biden in the election.When asked back then about Musk's support, DeSantis joked, \"I welcome support from African-Americans, what can I say.\" Musk, who is white, grew up in South Africa.DeSantis is especially popular with conservatives for taking the lead on culture war issues concerning race and gender. His governorship has been marked by his rejection of pandemic-related health restrictions, passage of a law limiting discussion of LGBTQ issues in schools, and a feud with Walt Disney over the law.Musk urged Americans to elect a Republican Congress in the U.S. midterm elections earlier this month to counterbalance Biden's Democrats. However, the Democrats defied Republican hopes for a \"red wave\" in the midterms and retained control of the Senate while the Republicans only won a narrow majority in the House of Representatives.","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966253001,"gmtCreate":1669565091403,"gmtModify":1676538207840,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9966253001","repostId":"1170146184","repostType":4,"repost":{"id":"1170146184","pubTimestamp":1669522674,"share":"https://www.laohu8.com/m/news/1170146184?lang=&edition=full","pubTime":"2022-11-27 12:17","market":"us","language":"en","title":"3 Tech Stocks You Can Count on in This Uncertain Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1170146184","media":"InvestorPlace","summary":"Here are three top-quality tech stocks investors can count on in the long term.Apple(AAPL): Warren B","content":"<html><head></head><body><ul><li>Here are three top-quality tech stocks investors can count on in the long term.</li><li><b>Apple</b>(<b>AAPL</b>): Warren Buffett continues to buy because of its economic moat.</li><li><b>Advanced Micro Devices</b>(<b>AMD</b>): Analysts love this beaten-down tech name.</li><li><b>Nvidia</b>(<b>NVDA</b>): The bad news is already priced into downed stocks like Nvidia.</li></ul><p>2022 was a tough one for tech stocks. Most were walloped with higher interest rates, fears of aggressive rate hikes, geopolitical issues, economic concerns, and fed-up consumers. It chased even the sanest investors from the market. While it’s impossible to find a risk-free investment, some are safer than others – especially if they’re leaders in their sectors, with wide economic moats.</p><p>In fact, one of the best ways to spot strong tech stocks is to follow the Warren Buffett model, which is to invest in simple companies that are easy to understand; companies with predictable and proven earnings; companies that can be bought at a reasonable price; and companies with“economic moat,”or a unique advantage over its competition. Seeing that Warren Buffett is now worth about $108.2 billion, it’s a safe bet he knows a thing or two about safe investing.</p><p><b>Apple (AAPL)</b></p><p>With a diversified revenue stream, and an ability to adapt to new consumer trends, <b>Apple</b> (NASDAQ:<b>AAPL</b>) will always be one of the strong tech stocks to bet on. Even Warren Buffett once said he continues to invest in Apple because of its brand, ecosystem, and strong economic moat.</p><p>In addition, we have to consider that Apple is a global leader in innovation. Just look at the iPhone alone. First introduced to the public in 2007, it’s now one of the most popular mobile phones in the world, with a growing market share. Better, earnings have been solid.</p><p>The company just beat expectations on revenue and profits, and it showed that global demand for its products is still high. In its fourth quarter, the company’s revenue was up 8% to $90 billion. Mac sales were up 25% to $11.5 billion in the quarter. iPhone sales were up 10% to $42.6 billion. Operating income was up by 5% to $25 billion. EPS was up 4% to $1.29, putting it above expectations for $1.27.</p><p>Also, analysts, such as Deutsche Bank’s Sidney Ho, say Apple is trading at a reasonable valuation and has a buy rating with a price target of $175. Apple also carries a dividend yield of 0.66%, and it’s been aggressive with stock buybacks.</p><p><b>Tech Stocks: Advanced Micro Devices (AMD)</b></p><p><b>Advanced Micro Devices</b> (NASDAQ: <b>AMD</b>) was butchered for most of the year. But that’ll happen when most of the tech stock sector is dragging just about everything lower. However, after falling from about $150 to a low of about $60, the AMD stock is showing strong signs of life. With patience, I’d like to see the AMD stock run from its current price of $75.25 to $120 in the near term.</p><p>Analysts like the AMD stock, too. UBS upgraded AMD to a buy rating with a price target of $95 a share. Baird analyst Tristan Gerra also just upgraded the beaten-down tech name to outperform with a price target of $100. He believes the company’s newest Genoa chips could widen the company’s competitive moat. Credit Suisse analyst Chris Caso also initiated coverage of AMD with an outperform rating, with a price target of $90.</p><p>Piper Sandler analyst Harsh Kumar is also overweight on the stock, with a price target of $90. He added that earnings appear to be bottoming and that PC inventory should start to clear out in the early part of 2023. In addition, he believes AMD is a great way to trade the server uptrend and cloud strength.</p><p><b>Tech Stocks: Nvidia (NVDA)</b></p><p>While <b>Nvidia</b> (NASDAQ:<b>NVDA</b>) was cut in half this year, it’s still one quality, safe name investors can count on. For one, the company makes the chips that are used to power some of the world’s most advanced technologies, including gaming, supercomputing, the cloud, artificial intelligence, machine learning, virtual reality, augmented reality, autonomous driving, etc. Again, NVDA was destroyed in 2022. But it’s still a high-quality name to count on.</p><p>Better, it’s also getting a jump on the Industrial Omniverse, which is already being used by major companies, like <b>Lowe’s</b> (NYSE:LOW), <b>BMW</b>(OTCMKTS:BMWYY), <b>Siemens</b>(OTCMKTS:SIEGY), and <b>Lockheed Martin</b> (NYSE:LMT).</p><p>Analysts, like Credit Suisse’s Chris Casso, say there’s been enough bad news for semiconductors to lower the risk of investing. The firm also said Nvidia was one of its top picks thanks to its strength in artificial intelligence, computing, and data centers. Better, the firm now has an outperform rating on the stock, with a $210 price target. Piper Sandler analyst Harsh Kumar also sees a near-term turnaround for Nvidia and has an overweight rating on the stock. For me, from a current price of $160.38, I’d like to see the stock run back to $195 by the first half of the New Year.</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>3 Tech Stocks You Can Count on in This Uncertain Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Tech Stocks You Can Count on in This Uncertain Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-27 12:17 GMT+8 <a href=https://investorplace.com/2022/11/3-tech-stocks-you-can-count-on-in-this-uncertain-market/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Here are three top-quality tech stocks investors can count on in the long term.Apple(AAPL): Warren Buffett continues to buy because of its economic moat.Advanced Micro Devices(AMD): Analysts love this...</p>\n\n<a href=\"https://investorplace.com/2022/11/3-tech-stocks-you-can-count-on-in-this-uncertain-market/\">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","AAPL":"苹果","NVDA":"英伟达"},"source_url":"https://investorplace.com/2022/11/3-tech-stocks-you-can-count-on-in-this-uncertain-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170146184","content_text":"Here are three top-quality tech stocks investors can count on in the long term.Apple(AAPL): Warren Buffett continues to buy because of its economic moat.Advanced Micro Devices(AMD): Analysts love this beaten-down tech name.Nvidia(NVDA): The bad news is already priced into downed stocks like Nvidia.2022 was a tough one for tech stocks. Most were walloped with higher interest rates, fears of aggressive rate hikes, geopolitical issues, economic concerns, and fed-up consumers. It chased even the sanest investors from the market. While it’s impossible to find a risk-free investment, some are safer than others – especially if they’re leaders in their sectors, with wide economic moats.In fact, one of the best ways to spot strong tech stocks is to follow the Warren Buffett model, which is to invest in simple companies that are easy to understand; companies with predictable and proven earnings; companies that can be bought at a reasonable price; and companies with“economic moat,”or a unique advantage over its competition. Seeing that Warren Buffett is now worth about $108.2 billion, it’s a safe bet he knows a thing or two about safe investing.Apple (AAPL)With a diversified revenue stream, and an ability to adapt to new consumer trends, Apple (NASDAQ:AAPL) will always be one of the strong tech stocks to bet on. Even Warren Buffett once said he continues to invest in Apple because of its brand, ecosystem, and strong economic moat.In addition, we have to consider that Apple is a global leader in innovation. Just look at the iPhone alone. First introduced to the public in 2007, it’s now one of the most popular mobile phones in the world, with a growing market share. Better, earnings have been solid.The company just beat expectations on revenue and profits, and it showed that global demand for its products is still high. In its fourth quarter, the company’s revenue was up 8% to $90 billion. Mac sales were up 25% to $11.5 billion in the quarter. iPhone sales were up 10% to $42.6 billion. Operating income was up by 5% to $25 billion. EPS was up 4% to $1.29, putting it above expectations for $1.27.Also, analysts, such as Deutsche Bank’s Sidney Ho, say Apple is trading at a reasonable valuation and has a buy rating with a price target of $175. Apple also carries a dividend yield of 0.66%, and it’s been aggressive with stock buybacks.Tech Stocks: Advanced Micro Devices (AMD)Advanced Micro Devices (NASDAQ: AMD) was butchered for most of the year. But that’ll happen when most of the tech stock sector is dragging just about everything lower. However, after falling from about $150 to a low of about $60, the AMD stock is showing strong signs of life. With patience, I’d like to see the AMD stock run from its current price of $75.25 to $120 in the near term.Analysts like the AMD stock, too. UBS upgraded AMD to a buy rating with a price target of $95 a share. Baird analyst Tristan Gerra also just upgraded the beaten-down tech name to outperform with a price target of $100. He believes the company’s newest Genoa chips could widen the company’s competitive moat. Credit Suisse analyst Chris Caso also initiated coverage of AMD with an outperform rating, with a price target of $90.Piper Sandler analyst Harsh Kumar is also overweight on the stock, with a price target of $90. He added that earnings appear to be bottoming and that PC inventory should start to clear out in the early part of 2023. In addition, he believes AMD is a great way to trade the server uptrend and cloud strength.Tech Stocks: Nvidia (NVDA)While Nvidia (NASDAQ:NVDA) was cut in half this year, it’s still one quality, safe name investors can count on. For one, the company makes the chips that are used to power some of the world’s most advanced technologies, including gaming, supercomputing, the cloud, artificial intelligence, machine learning, virtual reality, augmented reality, autonomous driving, etc. Again, NVDA was destroyed in 2022. But it’s still a high-quality name to count on.Better, it’s also getting a jump on the Industrial Omniverse, which is already being used by major companies, like Lowe’s (NYSE:LOW), BMW(OTCMKTS:BMWYY), Siemens(OTCMKTS:SIEGY), and Lockheed Martin (NYSE:LMT).Analysts, like Credit Suisse’s Chris Casso, say there’s been enough bad news for semiconductors to lower the risk of investing. The firm also said Nvidia was one of its top picks thanks to its strength in artificial intelligence, computing, and data centers. Better, the firm now has an outperform rating on the stock, with a $210 price target. Piper Sandler analyst Harsh Kumar also sees a near-term turnaround for Nvidia and has an overweight rating on the stock. For me, from a current price of $160.38, I’d like to see the stock run back to $195 by the first half of the New Year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966951463,"gmtCreate":1669389672652,"gmtModify":1676538192513,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9966951463","repostId":"2285438248","repostType":4,"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968652909,"gmtCreate":1669217177501,"gmtModify":1676538168961,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9968652909","repostId":"1168042484","repostType":4,"repost":{"id":"1168042484","pubTimestamp":1669207575,"share":"https://www.laohu8.com/m/news/1168042484?lang=&edition=full","pubTime":"2022-11-23 20:46","market":"us","language":"en","title":"Tesla’s Stock Slump Has Gone Too Far, Morgan Stanley Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1168042484","media":"Bloomberg","summary":"Shares slumped 52% this year with $300b wipeout in two monthsMorgan Stanley sees value opportunity while Citi upgradesElon Musk.Photographer: Carina Johansen/AFPAfter losing nearly $300 billion in mar","content":"<html><head></head><body><ul><li>Shares slumped 52% this year with $300b wipeout in two months</li><li>Morgan Stanley sees value opportunity while Citi upgrades</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/76d786e2fc285c0e8faa9755ba109fa5\" tg-width=\"1000\" tg-height=\"665\" referrerpolicy=\"no-referrer\"/><span>Elon Musk.Photographer: Carina Johansen/AFP</span></p><p>After losing nearly $300 billion in market value in two months, a growing chorus of Tesla Inc. analysts say the share-price decline has gone far enough.</p><p>Morgan Stanley analyst Adam Jonas said on Wednesday that Tesla is approaching his “bear case” price target of $150, presenting an opportunity for investors to buy at a bargain price. Citi analysts upgraded the shares to neutral from sell, saying that a more than 50% slump this year “has balanced out the near-term risk/reward.”</p><p>Despite challenges including decelerating demand andprice cutsin China, Tesla is the only electric vehicle maker covered by Morgan Stanley that generates a profit on the sale of its cars, Jonas wrote in a note. The analyst -- who also highlighted Tesla’s potential to benefit from consumer tax credits in the US -- reiterated his $330 price target.</p><p>Shares rose as much as 1.9% in premarket trading to $173.11. The stock has slumped this year amid rising raw materials costs,issueswith production and sales in China and pressure on customer budgets. Latterly, Chief Executive Officer Elon Musk’s focus on turning around Twitter Inc. has also hit sentiment, with $300 billion wiped off Tesla’s market cap in the past two months, according to Bloomberg calculations.</p><p><img src=\"https://static.tigerbbs.com/28418b2c1e10b82bdeec4788d9133a29\" tg-width=\"1235\" tg-height=\"695\" referrerpolicy=\"no-referrer\"/></p><p>The distraction caused by Twitter needs to end to stop the stock slide, according to Jonas. “There must be some form of sentiment ‘circuit breaker’ around the Twitter situation to calm investor concerns around Tesla,” he wrote.</p><p>Despite all of the challenges Tesla has faced this year, Wall Street has mainly stayed bullish. The majority of Tesla analysts tracked by Bloomberg rate the stock a buy or equivalent, while the shares would need to rally a whopping 80% to hit the median analyst target price. This year’s slump has left the stock trading at 31 times forward earnings, down from more than 200 times in early 2021.</p><p>Citi analyst Itay Michaeli, who upgraded the stock on Wednesday, has one of the lowest price targets on the Street, at $176. The analyst said he was turning more positive because Tesla’s slump means that some of the overly-bullish expectations in the stock, including on unit sales, have now been priced out.</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’s Stock Slump Has Gone Too Far, Morgan Stanley 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; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla’s Stock Slump Has Gone Too Far, Morgan Stanley Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-23 20:46 GMT+8 <a href=https://www.bloomberg.com/news/articles/2022-11-23/tesla-is-value-opportunity-as-it-nears-morgan-stanley-bear-case?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares slumped 52% this year with $300b wipeout in two monthsMorgan Stanley sees value opportunity while Citi upgradesElon Musk.Photographer: Carina Johansen/AFPAfter losing nearly $300 billion in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-23/tesla-is-value-opportunity-as-it-nears-morgan-stanley-bear-case?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/2022-11-23/tesla-is-value-opportunity-as-it-nears-morgan-stanley-bear-case?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168042484","content_text":"Shares slumped 52% this year with $300b wipeout in two monthsMorgan Stanley sees value opportunity while Citi upgradesElon Musk.Photographer: Carina Johansen/AFPAfter losing nearly $300 billion in market value in two months, a growing chorus of Tesla Inc. analysts say the share-price decline has gone far enough.Morgan Stanley analyst Adam Jonas said on Wednesday that Tesla is approaching his “bear case” price target of $150, presenting an opportunity for investors to buy at a bargain price. Citi analysts upgraded the shares to neutral from sell, saying that a more than 50% slump this year “has balanced out the near-term risk/reward.”Despite challenges including decelerating demand andprice cutsin China, Tesla is the only electric vehicle maker covered by Morgan Stanley that generates a profit on the sale of its cars, Jonas wrote in a note. The analyst -- who also highlighted Tesla’s potential to benefit from consumer tax credits in the US -- reiterated his $330 price target.Shares rose as much as 1.9% in premarket trading to $173.11. The stock has slumped this year amid rising raw materials costs,issueswith production and sales in China and pressure on customer budgets. Latterly, Chief Executive Officer Elon Musk’s focus on turning around Twitter Inc. has also hit sentiment, with $300 billion wiped off Tesla’s market cap in the past two months, according to Bloomberg calculations.The distraction caused by Twitter needs to end to stop the stock slide, according to Jonas. “There must be some form of sentiment ‘circuit breaker’ around the Twitter situation to calm investor concerns around Tesla,” he wrote.Despite all of the challenges Tesla has faced this year, Wall Street has mainly stayed bullish. The majority of Tesla analysts tracked by Bloomberg rate the stock a buy or equivalent, while the shares would need to rally a whopping 80% to hit the median analyst target price. This year’s slump has left the stock trading at 31 times forward earnings, down from more than 200 times in early 2021.Citi analyst Itay Michaeli, who upgraded the stock on Wednesday, has one of the lowest price targets on the Street, at $176. The analyst said he was turning more positive because Tesla’s slump means that some of the overly-bullish expectations in the stock, including on unit sales, have now been priced out.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968363065,"gmtCreate":1669130852157,"gmtModify":1676538156547,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9968363065","repostId":"2285386886","repostType":4,"repost":{"id":"2285386886","pubTimestamp":1669104486,"share":"https://www.laohu8.com/m/news/2285386886?lang=&edition=full","pubTime":"2022-11-22 16:08","market":"us","language":"en","title":"Apple And Taiwan Semiconductor: Let's Ask Buffett","url":"https://stock-news.laohu8.com/highlight/detail?id=2285386886","media":"Seeking Alpha","summary":"SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his","content":"<html><head></head><body><h2>Summary</h2><ul><li>As a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.</li><li>But from time to time, some of his choices still come as a surprise and his recent position in Taiwan Semiconductor is a notable example.</li><li>The choice is even more puzzling when viewed under the context of his largest holding, Apple.</li><li>There are certainly positives with Taiwan Semiconductor, that is, even when compared to Apple.</li><li>However, I see these positives easily overshadowed by the developing tension between them, which produces mutual but asymmetric damage.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/511f126f81b7dac4ef1687fe1d622bbe\" tg-width=\"1080\" tg-height=\"719\" referrerpolicy=\"no-referrer\"/><span>Jamie McCarthy</span></p><h2>The investment thesis</h2><p>As a long-time Buffett cultist, I feel comfortable saying that I understand most of his investment choices. But occasionally, the grandmaster still manages to make a move that surprises me such as his recent position in TaiwanSemiconductor (NYSE:TSM). To wit, the recent 13F disclosure showed that Buffett opened a sizable position in TSM for the Berkshire Hathaway (BRK.A) (BRK.B) equity portfolio. As you can see from the following chart, his BRK portfolio now holds more than 60.06M shares of TSM with a total worth of over $4.11B. The TSM position is currently the 10thlargest position in the BRK portfolio.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79878ff126c58641fbbd5a5aa3c0b334\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"/><span>Source: Dataroma.com</span></p><p>The surprise comes in several ways. And the more obvious ways (like Buffett’s allergy to tech businesses) have already been discussed by several other SA authors and I won’t further add to it anymore. Here, I want to explore an angle that is less discussed so far. I want to explain why it feels more puzzling to me, that is besides the fact that Buffett added another tech name to his BRK portfolio, when the TSM position is viewed under the context of his largest holding, Apple (NASDAQ:AAPL). There are certainly positives with TSM, that is, even when compared to AAPL. As we will detail in the next section, it is a high-quality stock in its own right. It boasts a large technological lead in its space and an R&D yield that is even better than AAPL.</p><p>However, I see these positives easily overshadowed by the developing tension between them and also the ongoing deglobalization mega-trend. According to a recentnews report, TSM’s scheduled price raises in 2023 were rejected by AAPL, by far its largest customer. AAPL currently outsources almost all of its processor manufacturing to factories in Taiwan. However, with the U.S. strategic initiatives to push to develop domestic semiconductor foundry capabilities, AAPL (and other U.S. chip players such Advanced Micro Devices (AMD) and NVIDIA (NVDA) too) would be very likely to diversify its chip manufacturing away from TSM. And the damage will be mutual but asymmetric. It is easier for AAPL to find other foundry services to manufacture its chips, and a lot harder for TSM to find such large clients as AAPL.</p><p>The full impact of such tension and diversification will take time to fully manifest. And TSM’s role as the dominating high-end chipmaker in the world won’t change in the near term. But I see these recent events (such as AAPL’s rejection of the price raises and the recent passing of the CHIPS act) as the turning point. Taking a broader view, I see these events as a logical step, or even an inevitable step, in the deglobalization process – a mega force that has been unfolding for over 10 years as shown in the chart below. The chart illustrates how globalization, measured as the percentage of total exports out of global GDP, has been in decline since its peak in 2008. The percentage has declined from 61% in 2008 to the to 51.6% in 2020. And since 2020, the China-U.S. trade tension, the COVID, and the Russian/Ukraine war have further quickened its pace.</p><p>In the remainder of this article, I will further analyze the details of these above considerations in more detail.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df9d37af226f63d9047697f699ffa010\" tg-width=\"640\" tg-height=\"527\" referrerpolicy=\"no-referrer\"/><span>Source: The World Bank</span></p><h2>TSM’s valuation advantage</h2><p>First, as mentioned above, there are definitely many positives with TSM even when compared to AAPL. And valuation is an obvious place to start with. As a global leader in the foundry space, it is for sale at a fraction of the overall market and AAPL’s valuation as seen in the chart below.</p><p>To cite a few examples, TSM’s FY1 PE of 12.8x is almost only 1/2 of AAPL’s 24.2x. Its TTM PE of 13.08x is also about only 1/2 of AAPL’s 24.2x. Considering that these stocks have different leverages and enterprise values (“EV”), let's compare their multiples with leverages adjusted too. As you can see, TSM’s discount is even more dramatic in terms of EV/EBITDA multiples. TSM’s FW EV/EBITDA ratio sits at 7.64x only, less than ½ of AAPL’s 18.18x.</p><p>Yes, as you will see in the next section, TSM is a high-quality stock in its own right. It boasts a large technological lead in its space, further bolstered by its consistent R&D investments and also superb R&D yield that even surpasses AAPL.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd9101b641f06753dca5fee60c5e18ff\" tg-width=\"640\" tg-height=\"496\" referrerpolicy=\"no-referrer\"/><span>Source: Seeking Alpha data</span></p><h2>TSM’s more consistent and aggressive R&D</h2><p>As detailed in our earlier articles:</p><blockquote><i>We do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&D efforts sustainably, and B) the overall efficiency of the R&D PROCESS. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&D expenditures, and B) has demonstrated a consistent R&D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).</i></blockquote><p>And both TSM and AAPL can sustainably fund their new R&D efforts with no problem in the long term, as illustrated in the next chart. It shows their R&D expenses over the past 10 years as a percentage of their total sales. A few key observations:</p><ul><li>TSM has been investing very consistently in R&D efforts, on average about 8.0% of its total sales.</li><li>AAPL's R&D expenses have been climbing since Tim Cook took over the company from Jobs. Jobs believed that innovation is not about money and it "has nothing to do with how much R&D money” a business put in. Then Cook gradually increased the R&D investments to the current level of around 6.1% since 2018.</li><li>So even at AAPL’s current R&D level, TSM is still outspending AAPL by about 200 basis points. And also note TSM’s consistency: the R&D expenses only fluctuated in a very narrow range over the past 10 years.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68ba62925d409c0646d95b62223ef4b9\" tg-width=\"640\" tg-height=\"355\" referrerpolicy=\"no-referrer\"/><span>Source: Author</span></p><p>More impressively, TSM’s yield on the R&D investment is also superior to AAPL, which is already at a remarkable level by itself as shown in the next chart. The chart used Buffett’s $1 test on R&D expenses. More specifically, the chart quantifies the R&D yield by taking the ratio between profit and R&D expenditures. Thus, the results show how many dollars of profit are generated per $1 of R&D expenses. In particular, in this chart, my analysis used the operating cash flow (“OPC”) as the profit and also took a 3-year moving average on the OPC to approximate a 3-year R&D cycle. And the key observations are:</p><ul><li>The R&D yield is also consistent for TSM, with an average of $6.75 since 2014.</li><li>AAPL’s picture is a bit more colorful. Its R&D yield has been astronomical ($10+ in 2013 and $8+ in 2014 and 2015) thanks to its almost monopoly status in key market segments in those days. Its R&D yield has gradually declined to around ~$4.0 in recent years. And its long-term average was about $5.3.</li><li>To provide a broader view, the FAAMG group features an average R&D yield of ~$2.5 in recent years.</li><li>Thus, both AAPL and TSM boast superb R&D yields even when compared to the overachievers in the FAAMG pack, and TSM’s yield is even higher than AAPL by a large gap.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72e8c1b1427c0babf39d38ec60269d28\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/><span>Source: Author based on Seeking Alpha data</span></p><h2>Both enjoy high ROCE too, but AAPL is in its own category</h2><p>To me, ROCE (return on capital employed) is the most fundamental profitability metric as detailed in my blog article (with differences compared to ROE and Q&A on the most frequently received questions from our readers). One key reason for its fundamental importance is that the long-term growth rate is governed by ROCE and reinvestment rate (“RR”) in the following simple way:</p><p>Long-Term Growth Rate = ROCE * RR</p><p>The ROCE of TSM and AAPL are shown below for the past 10 years. As you can see, TSM has been maintaining a high ROCE with remarkable consistency here. Its average ROCE has been about 42%. And I cannot overemphasize the consistency – which is a strong indicator of its stable moat. However, AAPL certainly has the upper hand here. Its ROCE is simply a category of its own. It has been hovering around an average of 125% since 2018 after its “declines” from an astronomical (and also unsustainable level in my view) of 200%+ earlier in the decade.</p><p>In terms of RR, both companies have sustainable capital allocation flexibility thanks to their strong cash generation. All told, my analysis shows that TSM has been maintaining an RR in the range between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%.</p><p>So even without the trade tensions and deglobalization process aforementioned, I would project AAPL to have a much better perpetual growth curve ahead than TSM. I projected AAPL’s LT growth rate to be up to 10% (7.5% RR * 125% ROCE ~ 10% annual growth rate). And TSM’s growth rate, on the hand, would be limited to be in the mid-single digit range (say 4% = 10% RR * 42% ROCE).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98b3ddd710705df7ba8e09cb93f9b81a\" tg-width=\"640\" tg-height=\"334\" referrerpolicy=\"no-referrer\"/><span>Source: Author based on Seeking Alpha data</span></p><h2>Risks and final thought</h2><p>But to reiterate, I do see the developing tension between TSM and AAPL and the deglobalization process as the overarching forces here. And I only see the differences in terms of valuation, R&D yields, and profitability to be secondary forces in the years to come. The deglobalization mega-trend has been unfolding since 2008. And I see a series of recent events (such as AAPL’s rejection of TSM’s price raises, the CHIPS act, the ongoing U.S.-China trade frictions, and also the Russian/Ukraine war) to further exacerbate and accelerate the trend. Under such a mega-trend, I see it as inevitable that key chip clients (such as AAPL, AMD, and NVDA) diversify their manufacturing needs away from TSM.</p><p>And the bottom line is that damage will be mutual but asymmetric the way I see things. It is easier for AAPL to find replacement foundry services but a lot harder for TSM to find replacement clients at the scale of AAPL.</p><p><i>This article is written by Envision Research for reference only. Please note the risks.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple And Taiwan Semiconductor: Let's Ask Buffett</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 And Taiwan Semiconductor: Let's Ask Buffett\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-22 16:08 GMT+8 <a href=https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.But from time to time, some of his choices still come as a surprise and his recent ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","TSM":"台积电"},"source_url":"https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285386886","content_text":"SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.But from time to time, some of his choices still come as a surprise and his recent position in Taiwan Semiconductor is a notable example.The choice is even more puzzling when viewed under the context of his largest holding, Apple.There are certainly positives with Taiwan Semiconductor, that is, even when compared to Apple.However, I see these positives easily overshadowed by the developing tension between them, which produces mutual but asymmetric damage.Jamie McCarthyThe investment thesisAs a long-time Buffett cultist, I feel comfortable saying that I understand most of his investment choices. But occasionally, the grandmaster still manages to make a move that surprises me such as his recent position in TaiwanSemiconductor (NYSE:TSM). To wit, the recent 13F disclosure showed that Buffett opened a sizable position in TSM for the Berkshire Hathaway (BRK.A) (BRK.B) equity portfolio. As you can see from the following chart, his BRK portfolio now holds more than 60.06M shares of TSM with a total worth of over $4.11B. The TSM position is currently the 10thlargest position in the BRK portfolio.Source: Dataroma.comThe surprise comes in several ways. And the more obvious ways (like Buffett’s allergy to tech businesses) have already been discussed by several other SA authors and I won’t further add to it anymore. Here, I want to explore an angle that is less discussed so far. I want to explain why it feels more puzzling to me, that is besides the fact that Buffett added another tech name to his BRK portfolio, when the TSM position is viewed under the context of his largest holding, Apple (NASDAQ:AAPL). There are certainly positives with TSM, that is, even when compared to AAPL. As we will detail in the next section, it is a high-quality stock in its own right. It boasts a large technological lead in its space and an R&D yield that is even better than AAPL.However, I see these positives easily overshadowed by the developing tension between them and also the ongoing deglobalization mega-trend. According to a recentnews report, TSM’s scheduled price raises in 2023 were rejected by AAPL, by far its largest customer. AAPL currently outsources almost all of its processor manufacturing to factories in Taiwan. However, with the U.S. strategic initiatives to push to develop domestic semiconductor foundry capabilities, AAPL (and other U.S. chip players such Advanced Micro Devices (AMD) and NVIDIA (NVDA) too) would be very likely to diversify its chip manufacturing away from TSM. And the damage will be mutual but asymmetric. It is easier for AAPL to find other foundry services to manufacture its chips, and a lot harder for TSM to find such large clients as AAPL.The full impact of such tension and diversification will take time to fully manifest. And TSM’s role as the dominating high-end chipmaker in the world won’t change in the near term. But I see these recent events (such as AAPL’s rejection of the price raises and the recent passing of the CHIPS act) as the turning point. Taking a broader view, I see these events as a logical step, or even an inevitable step, in the deglobalization process – a mega force that has been unfolding for over 10 years as shown in the chart below. The chart illustrates how globalization, measured as the percentage of total exports out of global GDP, has been in decline since its peak in 2008. The percentage has declined from 61% in 2008 to the to 51.6% in 2020. And since 2020, the China-U.S. trade tension, the COVID, and the Russian/Ukraine war have further quickened its pace.In the remainder of this article, I will further analyze the details of these above considerations in more detail.Source: The World BankTSM’s valuation advantageFirst, as mentioned above, there are definitely many positives with TSM even when compared to AAPL. And valuation is an obvious place to start with. As a global leader in the foundry space, it is for sale at a fraction of the overall market and AAPL’s valuation as seen in the chart below.To cite a few examples, TSM’s FY1 PE of 12.8x is almost only 1/2 of AAPL’s 24.2x. Its TTM PE of 13.08x is also about only 1/2 of AAPL’s 24.2x. Considering that these stocks have different leverages and enterprise values (“EV”), let's compare their multiples with leverages adjusted too. As you can see, TSM’s discount is even more dramatic in terms of EV/EBITDA multiples. TSM’s FW EV/EBITDA ratio sits at 7.64x only, less than ½ of AAPL’s 18.18x.Yes, as you will see in the next section, TSM is a high-quality stock in its own right. It boasts a large technological lead in its space, further bolstered by its consistent R&D investments and also superb R&D yield that even surpasses AAPL.Source: Seeking Alpha dataTSM’s more consistent and aggressive R&DAs detailed in our earlier articles:We do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&D efforts sustainably, and B) the overall efficiency of the R&D PROCESS. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&D expenditures, and B) has demonstrated a consistent R&D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).And both TSM and AAPL can sustainably fund their new R&D efforts with no problem in the long term, as illustrated in the next chart. It shows their R&D expenses over the past 10 years as a percentage of their total sales. A few key observations:TSM has been investing very consistently in R&D efforts, on average about 8.0% of its total sales.AAPL's R&D expenses have been climbing since Tim Cook took over the company from Jobs. Jobs believed that innovation is not about money and it \"has nothing to do with how much R&D money” a business put in. Then Cook gradually increased the R&D investments to the current level of around 6.1% since 2018.So even at AAPL’s current R&D level, TSM is still outspending AAPL by about 200 basis points. And also note TSM’s consistency: the R&D expenses only fluctuated in a very narrow range over the past 10 years.Source: AuthorMore impressively, TSM’s yield on the R&D investment is also superior to AAPL, which is already at a remarkable level by itself as shown in the next chart. The chart used Buffett’s $1 test on R&D expenses. More specifically, the chart quantifies the R&D yield by taking the ratio between profit and R&D expenditures. Thus, the results show how many dollars of profit are generated per $1 of R&D expenses. In particular, in this chart, my analysis used the operating cash flow (“OPC”) as the profit and also took a 3-year moving average on the OPC to approximate a 3-year R&D cycle. And the key observations are:The R&D yield is also consistent for TSM, with an average of $6.75 since 2014.AAPL’s picture is a bit more colorful. Its R&D yield has been astronomical ($10+ in 2013 and $8+ in 2014 and 2015) thanks to its almost monopoly status in key market segments in those days. Its R&D yield has gradually declined to around ~$4.0 in recent years. And its long-term average was about $5.3.To provide a broader view, the FAAMG group features an average R&D yield of ~$2.5 in recent years.Thus, both AAPL and TSM boast superb R&D yields even when compared to the overachievers in the FAAMG pack, and TSM’s yield is even higher than AAPL by a large gap.Source: Author based on Seeking Alpha dataBoth enjoy high ROCE too, but AAPL is in its own categoryTo me, ROCE (return on capital employed) is the most fundamental profitability metric as detailed in my blog article (with differences compared to ROE and Q&A on the most frequently received questions from our readers). One key reason for its fundamental importance is that the long-term growth rate is governed by ROCE and reinvestment rate (“RR”) in the following simple way:Long-Term Growth Rate = ROCE * RRThe ROCE of TSM and AAPL are shown below for the past 10 years. As you can see, TSM has been maintaining a high ROCE with remarkable consistency here. Its average ROCE has been about 42%. And I cannot overemphasize the consistency – which is a strong indicator of its stable moat. However, AAPL certainly has the upper hand here. Its ROCE is simply a category of its own. It has been hovering around an average of 125% since 2018 after its “declines” from an astronomical (and also unsustainable level in my view) of 200%+ earlier in the decade.In terms of RR, both companies have sustainable capital allocation flexibility thanks to their strong cash generation. All told, my analysis shows that TSM has been maintaining an RR in the range between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%.So even without the trade tensions and deglobalization process aforementioned, I would project AAPL to have a much better perpetual growth curve ahead than TSM. I projected AAPL’s LT growth rate to be up to 10% (7.5% RR * 125% ROCE ~ 10% annual growth rate). And TSM’s growth rate, on the hand, would be limited to be in the mid-single digit range (say 4% = 10% RR * 42% ROCE).Source: Author based on Seeking Alpha dataRisks and final thoughtBut to reiterate, I do see the developing tension between TSM and AAPL and the deglobalization process as the overarching forces here. And I only see the differences in terms of valuation, R&D yields, and profitability to be secondary forces in the years to come. The deglobalization mega-trend has been unfolding since 2008. And I see a series of recent events (such as AAPL’s rejection of TSM’s price raises, the CHIPS act, the ongoing U.S.-China trade frictions, and also the Russian/Ukraine war) to further exacerbate and accelerate the trend. Under such a mega-trend, I see it as inevitable that key chip clients (such as AAPL, AMD, and NVDA) diversify their manufacturing needs away from TSM.And the bottom line is that damage will be mutual but asymmetric the way I see things. It is easier for AAPL to find replacement foundry services but a lot harder for TSM to find replacement clients at the scale of AAPL.This article is written by Envision Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961738099,"gmtCreate":1669043894212,"gmtModify":1676538143980,"author":{"id":"3572214398550610","authorId":"3572214398550610","name":"aliciatng","avatar":"https://static.tigerbbs.com/c4b23ee891a1061c7907495a9c7da890","crmLevel":3,"crmLevelSwitch":0},"themes":[],"htmlText":"Kay","listText":"Kay","text":"Kay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9961738099","repostId":"1103039715","repostType":4,"repost":{"id":"1103039715","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1669043830,"share":"https://www.laohu8.com/m/news/1103039715?lang=&edition=full","pubTime":"2022-11-21 23:17","market":"us","language":"en","title":"Top Calls on Wall Street: Disney, Amazon, Microsoft, Nio, Intel, Coinbase and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1103039715","media":"Tiger Newspress","summary":"Here are Monday’s biggest calls on Wall Street:MoffettNathanson upgrades Disney to outperform from m","content":"<html><head></head><body><p>Here are Monday’s biggest calls on Wall Street:</p><h2>MoffettNathanson upgrades Disney to outperform from market perform</h2><p>Moffett upgraded Disney shares after the entertainment giant announced it was bringing back former CEO Bob Iger.</p><blockquote>“We applaudDisney’s Board for the courage to make this change.”</blockquote><h2>Loop downgrades Workday to hold from buy</h2><p>Loop said it’s concerned about slowing growth for the the human capital software company.</p><blockquote>“Our most recent checks indicate that its core HCM (human capital management) business is slowing, which we believe could lead the company to issue a conservative 24-month subscription revenue growth guidance for next year (FY24) that could be well below our/Street estimate of 20%.”</blockquote><h2>JPMorgan reiterates Amazon as top idea</h2><p>JPMorgan said the e-commerce giant is well positioned heading into the holiday season.</p><blockquote>“AMZN remains our best idea, but of course it is also subject to macro headwinds, as evident in the company’s 4Q revenue outlook.”</blockquote><h2>JPMorgan names Target and Costco top holiday picks</h2><p>JPMorgan said Target and Costco are well positioned heading into the holiday shopping season.</p><blockquote>“Third, from a category perspective, we see festive apparel (not athletic) and beauty (TGT, ULTA) as the biggest winners along with food (BJ, COST, TGT, WMT) driven by inflation and the ongoing shift back to experiences (entertaining and travel) vs. goods wallet normalization, as we’ve long discussed.”</blockquote><h2>Raymond James upgrades Comerica to outperform from market perform</h2><p>Raymond James said the bank is well positioned for a recession.</p><blockquote>“We are upgrading CMA shares to Outperform and establishing an $85 price target following the recent selloff in the stock post earnings juxtaposed with its relatively solid fundamental positioning heading into a potential recession.”</blockquote><h2>Wells Fargo upgrades Silvergate to equal weight from underweight</h2><p>Wells said shares are at a “fundamental floor.”</p><blockquote>“Our downside scenario played out faster than expected, and crypto winter has morphed into an existential question of survival. This is difficult for SI, as all current and future growth engines are essentially on hold.”</blockquote><h2>Goldman Sachs upgrades On Holding to buy from neutral</h2><p>Goldman said the footwear and sports apparel company has an “attractive business model.”</p><blockquote>“We expect On’s strong product proposition centred on innovation to drive continued rapid growth and best-in-class gross margins.”</blockquote><h2>Raymond James downgrades Cigna and UnitedHealth to outperform from strong buy</h2><p>Raymond James downgraded several insurers on Monday and said it still likes the stocks but that it sees some near-term headwinds.</p><blockquote>“While we are moving our ratings on UNH and CI down a notch, we remain generally constructive on these names. In the case of CI, we note the relatively low exposure to MA (medicare advantage) and continued strong performance of the PBM with 2023 upside from biosimilars. In the case of UNH, we note the offsets from its diverse revenue streams, the tail effect from $20B of YTD M&A, and some offset from its fee for service exposure in Optum Health.”</blockquote><h2>Argus downgrades Carvana to sell from hold</h2><p>Argus said in its downgrade of the used car company that it thinks Carvana will struggle to be profitable.</p><blockquote>“Carvana appears to have lost some of its competitive advantage as many traditional dealerships have expanded online sales.”</blockquote><h2>UBS initiates American Express as neutral</h2><p>UBS said American Express has “limited upside potential.”</p><blockquote>“But, we think consumer-sensitive stocks like AXP may have limited absolute upside potential as investors anticipate a recession, and deteriorating credit drives our ’23E EPS 12% below consensus, and our ’24E is 11% below.”</blockquote><h2>Morgan Stanley initiates Las Vegas Sands as overweight and names DraftKings as a top pick</h2><p>Morgan Stanley said in its initiation of Las Vegas Sands that it sees an attractive risk/reward. After a change in analyst coverage, the firm also called DraftKings a top “secular growth story.”</p><blockquote>“DraftKings (DKNG.O, Top Pick - 34% Upside): Best Secular Growth Story Poised for Profit Inflection. Las Vegas Sands (LVS.N - 11% Upside): Leader in Macau Mass + best balance sheet = attractive risk-reward.”</blockquote><h2>Goldman Sachs initiates Mobileye as buy</h2><p>Goldman says the autonomous vehicle company is a market leader in the race to autonomous vehicle technology.</p><blockquote>“We believe that Mobileye is the leading auto tech enabler for ADAS (advanced driver assistance systems) and AV (autonomous vehicle) applications, and we view the company as well positioned for growth given its vision/AI capabilities that are applicable for both ADAS and AVs, its ability to provide full solutions, and its strong market share.”</blockquote><h2>Morgan Stanley downgrades MongoDB to equal weight from overweight</h2><p>Morgan Stanley said in its downgrade of the database platform company that it’s concerned about slowing growth for MongoDB.</p><blockquote>“While still a favorite LT growth story, a challenging spend environment will likely weigh on growth for the next few quarters resulting in FY24 cons expectations that may be too high.”</blockquote><h2>Cowen downgrades Intel to market perform from outperform</h2><p>Cowen reinstated coverage of Intel and downgraded the stock, saying it sees “tough fundamentals.”</p><blockquote>“Reinstating At Market Perform As Tough Fundamentals In 2023/24 To Be Offset By A Protected Dividend, Opportunities In 2025.”</blockquote><h2>Barclays downgrades RH and Williams-Sonoma to equal weight from overweight</h2><p>Barclays said in its downgrade of the stocks’ that it’s concerned about a “weakening housing cycle.”</p><blockquote>“We are downgrading both WSM and RH on a weakening housing cycle that we believe will have a trickle-down impact on home furnishing spending over the next 12 to 24 months and high-end wallet pressure.</blockquote><h2>UBS reiterates Microsoft as buy</h2><p>UBS said it likes that Microsoft is relying on price increases to drive greater revenue.</p><p>“Combined with the big O365/M365 (and other) price increases earlier this year, Microsoft is now clearly leaning far more heavily on price as a revs driver than it has in many years.”</p><h2>JPMorgan reiterates Charles Schwab as overweight</h2><p>JPMorgan said Charles Schwab is well positioned as one of the biggest “distributors of third-party mutual funds.”</p><blockquote>“We see Schwab continuing to better monetize its platform, leveraging its position as one of the largest distributors of third-party mutual funds.”</blockquote><h2>Deutsche Bank reiterates Nio</h2><p>Deutsche said it thinks the worst operational issues for Nio may be over.</p><blockquote>“NIO continues to frustrate us/investors with another round of operational issues which are holding back volume in 4Q but we are optimistic that the worse may finally be over, further supported by the government’s gradual pivot away from COVID zero.”</blockquote><h2>Morgan Stanley upgrades Restaurant Brands to equal weight from underweight</h2><p>Morgan Stanley said it likes that the owner of brands such as Burger King appointed the former Domino’s CEO as executive chairman.</p><blockquote>“We are upgrading the shares of QSR to EW, PT to $71; the appointment of Patrick Doyle, former CEO of DPZ, as executive chairman is the catalyst.”</blockquote><h2>Cowen reiterates Coinbase as outperform</h2><p>Cowen said trading volumes for the crypto company remain “above pre-FTX turmoil levels.”</p><blockquote>“An updated analysis suggests COIN avg. daily spot trading volumes remain above pre-FTX turmoil levels, albeit at a smaller margin than our prior analysis from 11/14.”</blockquote><h2>Goldman Sachs reiterates Salesforce as buy</h2><p>Goldman Sachs said it’s bullish heading into Salesforce earnings next week.</p><blockquote>“Adjusting estimates to reflect trough top-line growth in FY24; remain constructive on path to profitability.”</blockquote></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>Top Calls on Wall Street: Disney, Amazon, Microsoft, Nio, Intel, Coinbase and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nTop Calls on Wall Street: Disney, Amazon, Microsoft, Nio, Intel, Coinbase and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-21 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Here are Monday’s biggest calls on Wall Street:</p><h2>MoffettNathanson upgrades Disney to outperform from market perform</h2><p>Moffett upgraded Disney shares after the entertainment giant announced it was bringing back former CEO Bob Iger.</p><blockquote>“We applaudDisney’s Board for the courage to make this change.”</blockquote><h2>Loop downgrades Workday to hold from buy</h2><p>Loop said it’s concerned about slowing growth for the the human capital software company.</p><blockquote>“Our most recent checks indicate that its core HCM (human capital management) business is slowing, which we believe could lead the company to issue a conservative 24-month subscription revenue growth guidance for next year (FY24) that could be well below our/Street estimate of 20%.”</blockquote><h2>JPMorgan reiterates Amazon as top idea</h2><p>JPMorgan said the e-commerce giant is well positioned heading into the holiday season.</p><blockquote>“AMZN remains our best idea, but of course it is also subject to macro headwinds, as evident in the company’s 4Q revenue outlook.”</blockquote><h2>JPMorgan names Target and Costco top holiday picks</h2><p>JPMorgan said Target and Costco are well positioned heading into the holiday shopping season.</p><blockquote>“Third, from a category perspective, we see festive apparel (not athletic) and beauty (TGT, ULTA) as the biggest winners along with food (BJ, COST, TGT, WMT) driven by inflation and the ongoing shift back to experiences (entertaining and travel) vs. goods wallet normalization, as we’ve long discussed.”</blockquote><h2>Raymond James upgrades Comerica to outperform from market perform</h2><p>Raymond James said the bank is well positioned for a recession.</p><blockquote>“We are upgrading CMA shares to Outperform and establishing an $85 price target following the recent selloff in the stock post earnings juxtaposed with its relatively solid fundamental positioning heading into a potential recession.”</blockquote><h2>Wells Fargo upgrades Silvergate to equal weight from underweight</h2><p>Wells said shares are at a “fundamental floor.”</p><blockquote>“Our downside scenario played out faster than expected, and crypto winter has morphed into an existential question of survival. This is difficult for SI, as all current and future growth engines are essentially on hold.”</blockquote><h2>Goldman Sachs upgrades On Holding to buy from neutral</h2><p>Goldman said the footwear and sports apparel company has an “attractive business model.”</p><blockquote>“We expect On’s strong product proposition centred on innovation to drive continued rapid growth and best-in-class gross margins.”</blockquote><h2>Raymond James downgrades Cigna and UnitedHealth to outperform from strong buy</h2><p>Raymond James downgraded several insurers on Monday and said it still likes the stocks but that it sees some near-term headwinds.</p><blockquote>“While we are moving our ratings on UNH and CI down a notch, we remain generally constructive on these names. In the case of CI, we note the relatively low exposure to MA (medicare advantage) and continued strong performance of the PBM with 2023 upside from biosimilars. In the case of UNH, we note the offsets from its diverse revenue streams, the tail effect from $20B of YTD M&A, and some offset from its fee for service exposure in Optum Health.”</blockquote><h2>Argus downgrades Carvana to sell from hold</h2><p>Argus said in its downgrade of the used car company that it thinks Carvana will struggle to be profitable.</p><blockquote>“Carvana appears to have lost some of its competitive advantage as many traditional dealerships have expanded online sales.”</blockquote><h2>UBS initiates American Express as neutral</h2><p>UBS said American Express has “limited upside potential.”</p><blockquote>“But, we think consumer-sensitive stocks like AXP may have limited absolute upside potential as investors anticipate a recession, and deteriorating credit drives our ’23E EPS 12% below consensus, and our ’24E is 11% below.”</blockquote><h2>Morgan Stanley initiates Las Vegas Sands as overweight and names DraftKings as a top pick</h2><p>Morgan Stanley said in its initiation of Las Vegas Sands that it sees an attractive risk/reward. After a change in analyst coverage, the firm also called DraftKings a top “secular growth story.”</p><blockquote>“DraftKings (DKNG.O, Top Pick - 34% Upside): Best Secular Growth Story Poised for Profit Inflection. Las Vegas Sands (LVS.N - 11% Upside): Leader in Macau Mass + best balance sheet = attractive risk-reward.”</blockquote><h2>Goldman Sachs initiates Mobileye as buy</h2><p>Goldman says the autonomous vehicle company is a market leader in the race to autonomous vehicle technology.</p><blockquote>“We believe that Mobileye is the leading auto tech enabler for ADAS (advanced driver assistance systems) and AV (autonomous vehicle) applications, and we view the company as well positioned for growth given its vision/AI capabilities that are applicable for both ADAS and AVs, its ability to provide full solutions, and its strong market share.”</blockquote><h2>Morgan Stanley downgrades MongoDB to equal weight from overweight</h2><p>Morgan Stanley said in its downgrade of the database platform company that it’s concerned about slowing growth for MongoDB.</p><blockquote>“While still a favorite LT growth story, a challenging spend environment will likely weigh on growth for the next few quarters resulting in FY24 cons expectations that may be too high.”</blockquote><h2>Cowen downgrades Intel to market perform from outperform</h2><p>Cowen reinstated coverage of Intel and downgraded the stock, saying it sees “tough fundamentals.”</p><blockquote>“Reinstating At Market Perform As Tough Fundamentals In 2023/24 To Be Offset By A Protected Dividend, Opportunities In 2025.”</blockquote><h2>Barclays downgrades RH and Williams-Sonoma to equal weight from overweight</h2><p>Barclays said in its downgrade of the stocks’ that it’s concerned about a “weakening housing cycle.”</p><blockquote>“We are downgrading both WSM and RH on a weakening housing cycle that we believe will have a trickle-down impact on home furnishing spending over the next 12 to 24 months and high-end wallet pressure.</blockquote><h2>UBS reiterates Microsoft as buy</h2><p>UBS said it likes that Microsoft is relying on price increases to drive greater revenue.</p><p>“Combined with the big O365/M365 (and other) price increases earlier this year, Microsoft is now clearly leaning far more heavily on price as a revs driver than it has in many years.”</p><h2>JPMorgan reiterates Charles Schwab as overweight</h2><p>JPMorgan said Charles Schwab is well positioned as one of the biggest “distributors of third-party mutual funds.”</p><blockquote>“We see Schwab continuing to better monetize its platform, leveraging its position as one of the largest distributors of third-party mutual funds.”</blockquote><h2>Deutsche Bank reiterates Nio</h2><p>Deutsche said it thinks the worst operational issues for Nio may be over.</p><blockquote>“NIO continues to frustrate us/investors with another round of operational issues which are holding back volume in 4Q but we are optimistic that the worse may finally be over, further supported by the government’s gradual pivot away from COVID zero.”</blockquote><h2>Morgan Stanley upgrades Restaurant Brands to equal weight from underweight</h2><p>Morgan Stanley said it likes that the owner of brands such as Burger King appointed the former Domino’s CEO as executive chairman.</p><blockquote>“We are upgrading the shares of QSR to EW, PT to $71; the appointment of Patrick Doyle, former CEO of DPZ, as executive chairman is the catalyst.”</blockquote><h2>Cowen reiterates Coinbase as outperform</h2><p>Cowen said trading volumes for the crypto company remain “above pre-FTX turmoil levels.”</p><blockquote>“An updated analysis suggests COIN avg. daily spot trading volumes remain above pre-FTX turmoil levels, albeit at a smaller margin than our prior analysis from 11/14.”</blockquote><h2>Goldman Sachs reiterates Salesforce as buy</h2><p>Goldman Sachs said it’s bullish heading into Salesforce earnings next week.</p><blockquote>“Adjusting estimates to reflect trough top-line growth in FY24; remain constructive on path to profitability.”</blockquote></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVNA":"Carvana Co.","CRM":"赛富时","MSFT":"微软","CMA":"联信银行","ONON":"On Holding AG","NIO":"蔚来","MDB":"MongoDB Inc.","RSTRF":"Restaurant Brands International Limited Partnership","SCHW":"嘉信理财","WSM":"Williams-Sonoma Inc","DIS":"迪士尼","COST":"好市多","MBLY":"Mobileye Global Inc.","DKNG":"DraftKings Inc.","WDAY":"Workday","LVS":"金沙集团","RH":"Restoration Hardware Holdings","UNH":"联合健康","CI":"信诺保险","AXP":"美国运通","INTC":"英特尔","TGT":"塔吉特","COIN":"Coinbase Global, Inc.","AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103039715","content_text":"Here are Monday’s biggest calls on Wall Street:MoffettNathanson upgrades Disney to outperform from market performMoffett upgraded Disney shares after the entertainment giant announced it was bringing back former CEO Bob Iger.“We applaudDisney’s Board for the courage to make this change.”Loop downgrades Workday to hold from buyLoop said it’s concerned about slowing growth for the the human capital software company.“Our most recent checks indicate that its core HCM (human capital management) business is slowing, which we believe could lead the company to issue a conservative 24-month subscription revenue growth guidance for next year (FY24) that could be well below our/Street estimate of 20%.”JPMorgan reiterates Amazon as top ideaJPMorgan said the e-commerce giant is well positioned heading into the holiday season.“AMZN remains our best idea, but of course it is also subject to macro headwinds, as evident in the company’s 4Q revenue outlook.”JPMorgan names Target and Costco top holiday picksJPMorgan said Target and Costco are well positioned heading into the holiday shopping season.“Third, from a category perspective, we see festive apparel (not athletic) and beauty (TGT, ULTA) as the biggest winners along with food (BJ, COST, TGT, WMT) driven by inflation and the ongoing shift back to experiences (entertaining and travel) vs. goods wallet normalization, as we’ve long discussed.”Raymond James upgrades Comerica to outperform from market performRaymond James said the bank is well positioned for a recession.“We are upgrading CMA shares to Outperform and establishing an $85 price target following the recent selloff in the stock post earnings juxtaposed with its relatively solid fundamental positioning heading into a potential recession.”Wells Fargo upgrades Silvergate to equal weight from underweightWells said shares are at a “fundamental floor.”“Our downside scenario played out faster than expected, and crypto winter has morphed into an existential question of survival. This is difficult for SI, as all current and future growth engines are essentially on hold.”Goldman Sachs upgrades On Holding to buy from neutralGoldman said the footwear and sports apparel company has an “attractive business model.”“We expect On’s strong product proposition centred on innovation to drive continued rapid growth and best-in-class gross margins.”Raymond James downgrades Cigna and UnitedHealth to outperform from strong buyRaymond James downgraded several insurers on Monday and said it still likes the stocks but that it sees some near-term headwinds.“While we are moving our ratings on UNH and CI down a notch, we remain generally constructive on these names. In the case of CI, we note the relatively low exposure to MA (medicare advantage) and continued strong performance of the PBM with 2023 upside from biosimilars. In the case of UNH, we note the offsets from its diverse revenue streams, the tail effect from $20B of YTD M&A, and some offset from its fee for service exposure in Optum Health.”Argus downgrades Carvana to sell from holdArgus said in its downgrade of the used car company that it thinks Carvana will struggle to be profitable.“Carvana appears to have lost some of its competitive advantage as many traditional dealerships have expanded online sales.”UBS initiates American Express as neutralUBS said American Express has “limited upside potential.”“But, we think consumer-sensitive stocks like AXP may have limited absolute upside potential as investors anticipate a recession, and deteriorating credit drives our ’23E EPS 12% below consensus, and our ’24E is 11% below.”Morgan Stanley initiates Las Vegas Sands as overweight and names DraftKings as a top pickMorgan Stanley said in its initiation of Las Vegas Sands that it sees an attractive risk/reward. After a change in analyst coverage, the firm also called DraftKings a top “secular growth story.”“DraftKings (DKNG.O, Top Pick - 34% Upside): Best Secular Growth Story Poised for Profit Inflection. Las Vegas Sands (LVS.N - 11% Upside): Leader in Macau Mass + best balance sheet = attractive risk-reward.”Goldman Sachs initiates Mobileye as buyGoldman says the autonomous vehicle company is a market leader in the race to autonomous vehicle technology.“We believe that Mobileye is the leading auto tech enabler for ADAS (advanced driver assistance systems) and AV (autonomous vehicle) applications, and we view the company as well positioned for growth given its vision/AI capabilities that are applicable for both ADAS and AVs, its ability to provide full solutions, and its strong market share.”Morgan Stanley downgrades MongoDB to equal weight from overweightMorgan Stanley said in its downgrade of the database platform company that it’s concerned about slowing growth for MongoDB.“While still a favorite LT growth story, a challenging spend environment will likely weigh on growth for the next few quarters resulting in FY24 cons expectations that may be too high.”Cowen downgrades Intel to market perform from outperformCowen reinstated coverage of Intel and downgraded the stock, saying it sees “tough fundamentals.”“Reinstating At Market Perform As Tough Fundamentals In 2023/24 To Be Offset By A Protected Dividend, Opportunities In 2025.”Barclays downgrades RH and Williams-Sonoma to equal weight from overweightBarclays said in its downgrade of the stocks’ that it’s concerned about a “weakening housing cycle.”“We are downgrading both WSM and RH on a weakening housing cycle that we believe will have a trickle-down impact on home furnishing spending over the next 12 to 24 months and high-end wallet pressure.UBS reiterates Microsoft as buyUBS said it likes that Microsoft is relying on price increases to drive greater revenue.“Combined with the big O365/M365 (and other) price increases earlier this year, Microsoft is now clearly leaning far more heavily on price as a revs driver than it has in many years.”JPMorgan reiterates Charles Schwab as overweightJPMorgan said Charles Schwab is well positioned as one of the biggest “distributors of third-party mutual funds.”“We see Schwab continuing to better monetize its platform, leveraging its position as one of the largest distributors of third-party mutual funds.”Deutsche Bank reiterates NioDeutsche said it thinks the worst operational issues for Nio may be over.“NIO continues to frustrate us/investors with another round of operational issues which are holding back volume in 4Q but we are optimistic that the worse may finally be over, further supported by the government’s gradual pivot away from COVID zero.”Morgan Stanley upgrades Restaurant Brands to equal weight from underweightMorgan Stanley said it likes that the owner of brands such as Burger King appointed the former Domino’s CEO as executive chairman.“We are upgrading the shares of QSR to EW, PT to $71; the appointment of Patrick Doyle, former CEO of DPZ, as executive chairman is the catalyst.”Cowen reiterates Coinbase as outperformCowen said trading volumes for the crypto company remain “above pre-FTX turmoil levels.”“An updated analysis suggests COIN avg. daily spot trading volumes remain above pre-FTX turmoil levels, albeit at a smaller margin than our prior analysis from 11/14.”Goldman Sachs reiterates Salesforce as buyGoldman Sachs said it’s bullish heading into Salesforce earnings next week.“Adjusting estimates to reflect trough top-line growth in FY24; remain constructive on path to profitability.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}