TW1 personal page - To The Moon

TW1

No personal profile

574Follow

17Followers

0Topic

0Badge

2022-11-03

Like

Apple Now Valued at More Than Amazon, Alphabet and Meta — Combined

2022-12-09

Like

Sorry, the original content has been removed

2022-12-08

Gd

3 Best High-Yield Dividend Stocks to Buy in December, According to OpenAI's Amazing New ChatBot

2022-11-01

Like

Apple and Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation

2022-12-04

Like

Sorry, the original content has been removed

2022-10-23

Like

Sorry, the original content has been removed

2022-11-12

Like

US STOCKS-Nasdaq and S&P 500 End Higher, Fueled By Inflation Optimism

2022-11-30

Like

"Who Can Turn off the Websites?": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX

2022-11-06

Glike

Berkshire Hathaway Posts Quarterly Loss As Stock Holdings Fall

2022-10-16

Like

Sorry, the original content has been removed

2021-06-19

Pls like n comment

Dow falls more than 500 points to close out its worst week since October

2021-05-13

Like and comment!

Wall Street ends with broad sell-off on spiking inflation fears

2022-11-05

Like

US STOCKS-Wall St Rallies to Close Out Soft Week After Jobs Report

2022-10-25

Like

Is NIO Stock A Buy During The Dip? What To Consider

2022-08-29

Like

Sorry, the original content has been removed

2021-09-15

Gd

U.S. stocks close lower on worries over recovery, corporate tax hikes

2022-11-15

Like

Brainard Says Fed Should Probably "Soon" Slow Pace of Rate Hikes

2022-10-31

Like

Sorry, the original content has been removed

2022-10-11

Like

US STOCKS-Nasdaq Registers Lowest Close Since July 2020; Chips Stocks Fall

2021-09-04

Gd

Sorry, the original content has been removed

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":3575414666461571,"uuid":"3575414666461571","gmtCreate":1612321025217,"gmtModify":1612321025217,"name":"TW1","pinyin":"tw1","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":17,"headSize":574,"tweetSize":484,"questionSize":0,"limitLevel":999,"accountStatus":3,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.01","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001}],"userBadgeCount":1,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":1,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":623345608,"gmtCreate":1671089698106,"gmtModify":1676538488212,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/623345608","repostId":"1145285433","repostType":4,"isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629473779,"gmtCreate":1670827495093,"gmtModify":1676538441655,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/629473779","repostId":"1160689342","repostType":4,"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629521568,"gmtCreate":1670633384156,"gmtModify":1676538408049,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/629521568","repostId":"2290253511","repostType":4,"repost":{"id":"2290253511","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":1670626997,"share":"https://ttm.financial/m/news/2290253511?lang=&edition=fundamental","pubTime":"2022-12-10 07:03","market":"us","language":"en","title":"Wall Street Ends Lower As Investors Digest Economic Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2290253511","media":"Reuters","summary":"*U.S. producer prices increase in November*Consumer sentiment improves in December*Lululemon tumbles after downbeat forecast*Indexes close: S&P 500 -0.73%, Nasdaq -0.70%, Dow -0.90%Dec 9 (Reuters) - W","content":"<html><head></head><body><p>* U.S. producer prices increase in November</p><p>* Consumer sentiment improves in December</p><p>* Lululemon tumbles after downbeat forecast</p><p>* Indexes close: S&amp;P 500 -0.73%, Nasdaq -0.70%, Dow -0.90%</p><p>Dec 9 (Reuters) - Wall Street ended lower on Friday as investors assessed economic data and awaited a potential 50-basis point interest rate hike by the U.S. Federal Reserve at its policy meeting next week, while apparel company Lululemon slumped following a disappointing profit forecast.</p><p>U.S. producer prices rose slightly more than expected in November amid a jump in the costs of services, but the trend is moderating, with annual inflation at the factory gate posting its smallest increase in 1-1/2 years, data showed.</p><p>&#34;Today&#39;s data shows that inflation is coming down, but it&#39;s lingering and is stickier than most assume,&#34; said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>However, in December, consumer sentiment improved, while inflation expectations eased to a 15-month low, a University of Michigan survey showed.</p><p>Futures trades suggest a 77% chance the Fed will raise interest rates by 50 basis points next week, with a 23% chance of a 75-basis point hike, with those odds little changed after Friday&#39;s economic data.</p><p>Consumer prices data for November, due Tuesday, will provide fresh clues on the central bank&#39;s monetary tightening plans.</p><p>Lululemon Athletica Inc tumbled almost 13% after the Canadian athletic apparel maker forecast lower-than-expected holiday-quarter revenue and profit.</p><p>Netflix Inc gained 3.1% after Wells Fargo upgraded the video streaming giant to &#34;overweight&#34; from &#34;equal weight&#34;.</p><p>The S&amp;P 500 declined 0.73% to end the session at 3,934.38 points.</p><p>The Nasdaq declined 0.70% to 11,004.62 points, while Dow Jones Industrial Average declined 0.90% to 33,476.46 points.</p><p>Of the 11 S&amp;P 500 sector indexes, 10 declined, led lower by energy, down 2.33%, followed by a 1.28% loss in health care   .</p><p>The energy index recorded a seventh straight session of losses, its longest losing streak since December 2018, as oil prices looked set for weekly losses on recession concerns.</p><p>Wall Street&#39;s main indexes have fallen this week after logging two straight weekly gains. Weighing heavily on investors are fears of a potential recession next year due to extended the central bank&#39;s rate hikes.</p><p>For the week, the S&amp;P 500 dropped 3.4%, the Dow lost 2.8% and the Nasdaq shed 4%.</p><p>U.S. stocks ended a recent run of losses on Thursday after data showed initial jobless claims rose modestly last week.</p><p>Broadcom Inc jumped 2.6% after the chipmaker forecast current-quarter revenue above Wall Street estimates.</p><p>Boeing Co climbed 0.3% after Reuters report the plane maker plans to announce a deal with United Airlines    for orders of 787 Dreamliner next week.</p><p>Declining stocks outnumbered rising ones within the S&amp;P 500 by a 3.3-to-one ratio.</p><p>The S&amp;P 500 posted 5 new highs and 1 new lows; the Nasdaq recorded 54 new highs and 213 new lows.</p><p>Volume on U.S. exchanges was relatively light, with 9.9 billion shares traded, compared to an average of 10.9 billion shares over the previous 20 sessions.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Ends Lower As Investors Digest Economic 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\">\nWall Street Ends Lower As Investors Digest Economic Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-12-10 07:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. producer prices increase in November</p><p>* Consumer sentiment improves in December</p><p>* Lululemon tumbles after downbeat forecast</p><p>* Indexes close: S&amp;P 500 -0.73%, Nasdaq -0.70%, Dow -0.90%</p><p>Dec 9 (Reuters) - Wall Street ended lower on Friday as investors assessed economic data and awaited a potential 50-basis point interest rate hike by the U.S. Federal Reserve at its policy meeting next week, while apparel company Lululemon slumped following a disappointing profit forecast.</p><p>U.S. producer prices rose slightly more than expected in November amid a jump in the costs of services, but the trend is moderating, with annual inflation at the factory gate posting its smallest increase in 1-1/2 years, data showed.</p><p>&#34;Today&#39;s data shows that inflation is coming down, but it&#39;s lingering and is stickier than most assume,&#34; said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>However, in December, consumer sentiment improved, while inflation expectations eased to a 15-month low, a University of Michigan survey showed.</p><p>Futures trades suggest a 77% chance the Fed will raise interest rates by 50 basis points next week, with a 23% chance of a 75-basis point hike, with those odds little changed after Friday&#39;s economic data.</p><p>Consumer prices data for November, due Tuesday, will provide fresh clues on the central bank&#39;s monetary tightening plans.</p><p>Lululemon Athletica Inc tumbled almost 13% after the Canadian athletic apparel maker forecast lower-than-expected holiday-quarter revenue and profit.</p><p>Netflix Inc gained 3.1% after Wells Fargo upgraded the video streaming giant to &#34;overweight&#34; from &#34;equal weight&#34;.</p><p>The S&amp;P 500 declined 0.73% to end the session at 3,934.38 points.</p><p>The Nasdaq declined 0.70% to 11,004.62 points, while Dow Jones Industrial Average declined 0.90% to 33,476.46 points.</p><p>Of the 11 S&amp;P 500 sector indexes, 10 declined, led lower by energy, down 2.33%, followed by a 1.28% loss in health care   .</p><p>The energy index recorded a seventh straight session of losses, its longest losing streak since December 2018, as oil prices looked set for weekly losses on recession concerns.</p><p>Wall Street&#39;s main indexes have fallen this week after logging two straight weekly gains. Weighing heavily on investors are fears of a potential recession next year due to extended the central bank&#39;s rate hikes.</p><p>For the week, the S&amp;P 500 dropped 3.4%, the Dow lost 2.8% and the Nasdaq shed 4%.</p><p>U.S. stocks ended a recent run of losses on Thursday after data showed initial jobless claims rose modestly last week.</p><p>Broadcom Inc jumped 2.6% after the chipmaker forecast current-quarter revenue above Wall Street estimates.</p><p>Boeing Co climbed 0.3% after Reuters report the plane maker plans to announce a deal with United Airlines    for orders of 787 Dreamliner next week.</p><p>Declining stocks outnumbered rising ones within the S&amp;P 500 by a 3.3-to-one ratio.</p><p>The S&amp;P 500 posted 5 new highs and 1 new lows; the Nasdaq recorded 54 new highs and 213 new lows.</p><p>Volume on U.S. exchanges was relatively light, with 9.9 billion shares traded, compared to an average of 10.9 billion shares over the previous 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","NFLX":"奈飞",".SPX":"S&P 500 Index","BA":"波音","AVGO":"博通","LULU":"lululemon athletica",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2290253511","content_text":"* U.S. producer prices increase in November* Consumer sentiment improves in December* Lululemon tumbles after downbeat forecast* Indexes close: S&P 500 -0.73%, Nasdaq -0.70%, Dow -0.90%Dec 9 (Reuters) - Wall Street ended lower on Friday as investors assessed economic data and awaited a potential 50-basis point interest rate hike by the U.S. Federal Reserve at its policy meeting next week, while apparel company Lululemon slumped following a disappointing profit forecast.U.S. producer prices rose slightly more than expected in November amid a jump in the costs of services, but the trend is moderating, with annual inflation at the factory gate posting its smallest increase in 1-1/2 years, data showed.\"Today's data shows that inflation is coming down, but it's lingering and is stickier than most assume,\" said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.However, in December, consumer sentiment improved, while inflation expectations eased to a 15-month low, a University of Michigan survey showed.Futures trades suggest a 77% chance the Fed will raise interest rates by 50 basis points next week, with a 23% chance of a 75-basis point hike, with those odds little changed after Friday's economic data.Consumer prices data for November, due Tuesday, will provide fresh clues on the central bank's monetary tightening plans.Lululemon Athletica Inc tumbled almost 13% after the Canadian athletic apparel maker forecast lower-than-expected holiday-quarter revenue and profit.Netflix Inc gained 3.1% after Wells Fargo upgraded the video streaming giant to \"overweight\" from \"equal weight\".The S&P 500 declined 0.73% to end the session at 3,934.38 points.The Nasdaq declined 0.70% to 11,004.62 points, while Dow Jones Industrial Average declined 0.90% to 33,476.46 points.Of the 11 S&P 500 sector indexes, 10 declined, led lower by energy, down 2.33%, followed by a 1.28% loss in health care   .The energy index recorded a seventh straight session of losses, its longest losing streak since December 2018, as oil prices looked set for weekly losses on recession concerns.Wall Street's main indexes have fallen this week after logging two straight weekly gains. Weighing heavily on investors are fears of a potential recession next year due to extended the central bank's rate hikes.For the week, the S&P 500 dropped 3.4%, the Dow lost 2.8% and the Nasdaq shed 4%.U.S. stocks ended a recent run of losses on Thursday after data showed initial jobless claims rose modestly last week.Broadcom Inc jumped 2.6% after the chipmaker forecast current-quarter revenue above Wall Street estimates.Boeing Co climbed 0.3% after Reuters report the plane maker plans to announce a deal with United Airlines    for orders of 787 Dreamliner next week.Declining stocks outnumbered rising ones within the S&P 500 by a 3.3-to-one ratio.The S&P 500 posted 5 new highs and 1 new lows; the Nasdaq recorded 54 new highs and 213 new lows.Volume on U.S. exchanges was relatively light, with 9.9 billion shares traded, compared to an average of 10.9 billion shares over the previous 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629227424,"gmtCreate":1670564020469,"gmtModify":1676538395061,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/629227424","repostId":"2289441363","repostType":4,"repost":{"id":"2289441363","pubTimestamp":1670557802,"share":"https://ttm.financial/m/news/2289441363?lang=&edition=fundamental","pubTime":"2022-12-09 11:50","market":"us","language":"en","title":"3 Tech Growth Stocks With More Potential Than Any Cryptocurrency","url":"https://stock-news.laohu8.com/highlight/detail?id=2289441363","media":"Motley Fool","summary":"Even though tech stocks are deep in bear market territory, they're still a better play than crypto.","content":"<html><head></head><body><p>As bad as the stock market is this year, cryptocurrencies have been worse. In fact, every asset class is doing better than crypto, and you can just about throw a dart at a list of stocks these days and do better than your favorite cryptocurrency token.</p><p>But that doesn&#39;t mean stocks have a smooth ride ahead, as many believe we&#39;re heading into a recession early next year. Growth stocks, which led the <b>Nasdaq 100</b> on a 13-year-long bull market, have lost nearly 30% in 2022, and a potential sharp economic downturn doesn&#39;t bode well for a reversal.</p><p>Some businesses, however, are resilient regardless, and buying them now may reward patient investors with substantial wealth over the long run. The following trio of stocks is an example of companies with far more potential than any cryptocurrency.</p><p><img src=\"https://static.tigerbbs.com/2e0f6cb765d973f7f515e7452481c579\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><h2>Zscaler</h2><p>Recession fears are hurting corporate spending. Cloud-based capital projects are slowing, hurting cloud and software-as-a-service (SaaS) stocks, generally, but cybersecurity-expert <b>Zscaler</b> (ZS -1.49%), in particular.</p><p>The company&#39;s stock tumbled hard the other day after Zscaler reported fiscal first-quarter revenue, earnings, and billings that beat analyst expectations. That&#39;s because it gave a forecast that, while still better than Wall Street forecasts, grew at a significantly lower rate than previously.</p><p>While there are spending headwinds, demand for Zscaler&#39;s business remains robust. The company is seeing its sales cycle &#34;elongating&#34; -- stretching out over wider periods -- but only because the size of the deals it&#39;s closing are getting bigger. That requires more time to scrutinize and review the contracts.</p><p>Zscaler ended the quarter with over 340 customers that have $1 million or more in annual recovering revenue with it -- a 55% increase from last year. All of the company&#39;s customers have been impacted by macroeconomic events, but the low end of its client base actually ended better off than the upper end. As a result, Zscaler sees more opportunities to help customers adopt more products, which will continue to increase its deal size.</p><p>Zscaler stock is down 57% over the past year, but with the market analysts at Gartner predicting global cybersecurity spending to hit $262 billion by 2026, there&#39;s a substantial runway for future growth in this stock.</p><h2>AT&amp;T</h2><p><b>AT&amp;T</b>&#39;s (T 0.68%) narrow focus on its telecom operations to the exclusion of virtually anything else is paying off for investors. It continues to add more customers, while rivals like <b>Verizon</b> are shedding them as the rollout of 5G networks and fiber-optic wired broadband is providing the biggest catalyst for future growth.</p><p>The telecom giant is well on its way to achieving its goal of reaching over 30 million locations, including businesses, by the end of 2025 with its fiber network, and is doing so without being overly promotional. At a recent analyst conference, AT&amp;T said that as of the end of the third quarter, it could serve 18.5 million consumer locations and approximately 3 million business locations in more than 100 metro areas.</p><p>COO Jeff McElfresh said AT&amp;T refrained from being &#34;aggressive&#34; with deals on Black Friday to attract customers and has not &#34;been the most aggressive in the market for quite some time.&#34;</p><p>That bodes well for profitability and growing free cash flow (FCF), which the company maintains should hit $14 billion this year. That&#39;s notable because AT&amp;T&#39;s stock is cheap. The telecom trades for seven times trailing earnings and next year&#39;s estimates, 1.1 times sales, and a bargain-basement three times the FCF it produces.</p><p>The company is longer a Dividend Aristocrat after having slashed its payout in half following the spinoff and merger of its entertainment business into <b>Warner Bros Discovery</b> (WBD 1.23%). The dividend, however, still yields a lucrative 5.8% annually. The company&#39;s payout ratio is just 41%, so the dividend is much safer now, with room for future growth.</p><p><img src=\"https://static.tigerbbs.com/515f1a7540ca000e5cf0b96ca0dc934d\" tg-width=\"700\" tg-height=\"369\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><h2>Taiwan Semiconductor</h2><p><b>Taiwan Semiconductor</b> (TSM -0.40%) is the world&#39;s largest semiconductor foundry that manufactures integrated circuits based on designs provided by its clients. Despite the vaunted chip shortage that&#39;s still impacting the industry today, Taiwan Semi has not felt the effects as much as its rivals because its customer base is some of the industry&#39;s biggest tech companies, and its long-term demand remains &#34;firmly in place.&#34;</p><p>Demand is so strong, in fact, that the company began construction of a $12 billion 5-nanometer chip fabrication plant in Arizona last year and recently said it would be building a second factory in the Grand Canyon State. Due to many of its customers being U.S.-based businesses, these facilities should strengthen its ability to meet demand.</p><p>The long-term growth prospects for Taiwan Semiconductor attracted the attention of Warren Buffett, whose <b>Berkshire Hathaway</b> established a 60 million share, $4.8 billion stake in the chipmaker.</p><p>TSM is also offering a discount valuation, going for 13 times trailing and estimated earnings. At just 0.6 times its earnings growth rate, the semiconductor stock represents a better opportunity than any cryptocurrency.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Tech Growth Stocks With More Potential Than Any Cryptocurrency</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 Growth Stocks With More Potential Than Any Cryptocurrency\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-09 11:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/08/3-tech-stocks-more-promising-than-any-crypto/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As bad as the stock market is this year, cryptocurrencies have been worse. In fact, every asset class is doing better than crypto, and you can just about throw a dart at a list of stocks these days ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/08/3-tech-stocks-more-promising-than-any-crypto/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","T":"美国电话电报","ZS":"Zscaler Inc."},"source_url":"https://www.fool.com/investing/2022/12/08/3-tech-stocks-more-promising-than-any-crypto/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289441363","content_text":"As bad as the stock market is this year, cryptocurrencies have been worse. In fact, every asset class is doing better than crypto, and you can just about throw a dart at a list of stocks these days and do better than your favorite cryptocurrency token.But that doesn't mean stocks have a smooth ride ahead, as many believe we're heading into a recession early next year. Growth stocks, which led the Nasdaq 100 on a 13-year-long bull market, have lost nearly 30% in 2022, and a potential sharp economic downturn doesn't bode well for a reversal.Some businesses, however, are resilient regardless, and buying them now may reward patient investors with substantial wealth over the long run. The following trio of stocks is an example of companies with far more potential than any cryptocurrency.Image source: Getty Images.ZscalerRecession fears are hurting corporate spending. Cloud-based capital projects are slowing, hurting cloud and software-as-a-service (SaaS) stocks, generally, but cybersecurity-expert Zscaler (ZS -1.49%), in particular.The company's stock tumbled hard the other day after Zscaler reported fiscal first-quarter revenue, earnings, and billings that beat analyst expectations. That's because it gave a forecast that, while still better than Wall Street forecasts, grew at a significantly lower rate than previously.While there are spending headwinds, demand for Zscaler's business remains robust. The company is seeing its sales cycle \"elongating\" -- stretching out over wider periods -- but only because the size of the deals it's closing are getting bigger. That requires more time to scrutinize and review the contracts.Zscaler ended the quarter with over 340 customers that have $1 million or more in annual recovering revenue with it -- a 55% increase from last year. All of the company's customers have been impacted by macroeconomic events, but the low end of its client base actually ended better off than the upper end. As a result, Zscaler sees more opportunities to help customers adopt more products, which will continue to increase its deal size.Zscaler stock is down 57% over the past year, but with the market analysts at Gartner predicting global cybersecurity spending to hit $262 billion by 2026, there's a substantial runway for future growth in this stock.AT&TAT&T's (T 0.68%) narrow focus on its telecom operations to the exclusion of virtually anything else is paying off for investors. It continues to add more customers, while rivals like Verizon are shedding them as the rollout of 5G networks and fiber-optic wired broadband is providing the biggest catalyst for future growth.The telecom giant is well on its way to achieving its goal of reaching over 30 million locations, including businesses, by the end of 2025 with its fiber network, and is doing so without being overly promotional. At a recent analyst conference, AT&T said that as of the end of the third quarter, it could serve 18.5 million consumer locations and approximately 3 million business locations in more than 100 metro areas.COO Jeff McElfresh said AT&T refrained from being \"aggressive\" with deals on Black Friday to attract customers and has not \"been the most aggressive in the market for quite some time.\"That bodes well for profitability and growing free cash flow (FCF), which the company maintains should hit $14 billion this year. That's notable because AT&T's stock is cheap. The telecom trades for seven times trailing earnings and next year's estimates, 1.1 times sales, and a bargain-basement three times the FCF it produces.The company is longer a Dividend Aristocrat after having slashed its payout in half following the spinoff and merger of its entertainment business into Warner Bros Discovery (WBD 1.23%). The dividend, however, still yields a lucrative 5.8% annually. The company's payout ratio is just 41%, so the dividend is much safer now, with room for future growth.Image source: Getty Images.Taiwan SemiconductorTaiwan Semiconductor (TSM -0.40%) is the world's largest semiconductor foundry that manufactures integrated circuits based on designs provided by its clients. Despite the vaunted chip shortage that's still impacting the industry today, Taiwan Semi has not felt the effects as much as its rivals because its customer base is some of the industry's biggest tech companies, and its long-term demand remains \"firmly in place.\"Demand is so strong, in fact, that the company began construction of a $12 billion 5-nanometer chip fabrication plant in Arizona last year and recently said it would be building a second factory in the Grand Canyon State. Due to many of its customers being U.S.-based businesses, these facilities should strengthen its ability to meet demand.The long-term growth prospects for Taiwan Semiconductor attracted the attention of Warren Buffett, whose Berkshire Hathaway established a 60 million share, $4.8 billion stake in the chipmaker.TSM is also offering a discount valuation, going for 13 times trailing and estimated earnings. At just 0.6 times its earnings growth rate, the semiconductor stock represents a better opportunity than any cryptocurrency.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629659732,"gmtCreate":1670491862828,"gmtModify":1676538379423,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/629659732","repostId":"2289551436","repostType":4,"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629144778,"gmtCreate":1670380836996,"gmtModify":1676538356887,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/629144778","repostId":"1112917688","repostType":4,"repost":{"id":"1112917688","pubTimestamp":1670373117,"share":"https://ttm.financial/m/news/1112917688?lang=&edition=fundamental","pubTime":"2022-12-07 08:31","market":"us","language":"en","title":"Megacap Earnings to See \"Rude Awakening\" in 2023, Morgan Stanley’s Shalett Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1112917688","media":"Bloomberg","summary":"Shalett says expectations from some big companies ‘delusional’Pinched consumer will fuel economic sl","content":"<html><head></head><body><ul><li>Shalett says expectations from some big companies ‘delusional’</li><li>Pinched consumer will fuel economic slump next year, she adds</li></ul><p>Morgan Stanley Wealth Management’s Lisa Shalett said some of the stock market’s biggest companies may see earnings hit far more than expected next year as economic growth slows and inflation erodes the purchasing power of consumers.</p><p>Such an outlook, she added, is not reflected in current earnings estimates, which remain too high despite multiple downward revisions.</p><p>“A lot of corporate guidance is delusional,” Shalett, the division’s chief investment officer, told Bloomberg TV Tuesday, blaming not only analysts but chief executive officers as well. “I just think it’s going to be a rude awakening for a lot of folks.”</p><p>Shalett said the brunt of the downside surprises will likely be born by e-commerce, social media and other companies whose fortunes are closely tied to swings in the economy, including those selling discretionary consumer goods, rather than the whole of corporate America.</p><p>“It’s more the specific slice of it, but it’s the slice that, unfortunately, at the minute, dominates the market cap and the weight of how we are comprising consensus estimates,” she added.</p><p>Bloomberg Intelligence expects full-year 2022 earnings per share for the companies in the S&amp;P 500 to come in at $223.6 and rise to $229.7 in 2023, based on the note published on Dec. 2 by Wendy Soong. Estimates for next year continue to drift lower though remain relatively high.</p><p>Shalett said earnings forecasts in general remain too optimistic given the unprecedented confluence of factors weighing on the outlook, including Federal Reserve rate hikes and the risk of a recession.</p><p>“If the Fed succeeds, if the Fed pauses, which is what all the enthusiasm is about, that pricing power at best is going to halve and at worst is going to go away completely at the same time that your volume is slowing,” she said. “It’s that kind of negative operating leverage that I just don’t think is in the numbers.”</p><p>And despite the strength of the labor market, a pinched consumer might lead to further economic slowing as they burn through pandemic-era savings.</p><p>“Consumers are starting to run out of dough,” she said. “As we get into 2023, we think everything rests with the consumer.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Megacap Earnings to See \"Rude Awakening\" in 2023, Morgan Stanley’s Shalett Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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\">\nMegacap Earnings to See \"Rude Awakening\" in 2023, Morgan Stanley’s Shalett Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-07 08:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-06/morgan-stanley-warns-megacap-company-profits-due-for-rude-awakening-in-2023?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shalett says expectations from some big companies ‘delusional’Pinched consumer will fuel economic slump next year, she addsMorgan Stanley Wealth Management’s Lisa Shalett said some of the stock market...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-06/morgan-stanley-warns-megacap-company-profits-due-for-rude-awakening-in-2023?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-06/morgan-stanley-warns-megacap-company-profits-due-for-rude-awakening-in-2023?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112917688","content_text":"Shalett says expectations from some big companies ‘delusional’Pinched consumer will fuel economic slump next year, she addsMorgan Stanley Wealth Management’s Lisa Shalett said some of the stock market’s biggest companies may see earnings hit far more than expected next year as economic growth slows and inflation erodes the purchasing power of consumers.Such an outlook, she added, is not reflected in current earnings estimates, which remain too high despite multiple downward revisions.“A lot of corporate guidance is delusional,” Shalett, the division’s chief investment officer, told Bloomberg TV Tuesday, blaming not only analysts but chief executive officers as well. “I just think it’s going to be a rude awakening for a lot of folks.”Shalett said the brunt of the downside surprises will likely be born by e-commerce, social media and other companies whose fortunes are closely tied to swings in the economy, including those selling discretionary consumer goods, rather than the whole of corporate America.“It’s more the specific slice of it, but it’s the slice that, unfortunately, at the minute, dominates the market cap and the weight of how we are comprising consensus estimates,” she added.Bloomberg Intelligence expects full-year 2022 earnings per share for the companies in the S&P 500 to come in at $223.6 and rise to $229.7 in 2023, based on the note published on Dec. 2 by Wendy Soong. Estimates for next year continue to drift lower though remain relatively high.Shalett said earnings forecasts in general remain too optimistic given the unprecedented confluence of factors weighing on the outlook, including Federal Reserve rate hikes and the risk of a recession.“If the Fed succeeds, if the Fed pauses, which is what all the enthusiasm is about, that pricing power at best is going to halve and at worst is going to go away completely at the same time that your volume is slowing,” she said. “It’s that kind of negative operating leverage that I just don’t think is in the numbers.”And despite the strength of the labor market, a pinched consumer might lead to further economic slowing as they burn through pandemic-era savings.“Consumers are starting to run out of dough,” she said. “As we get into 2023, we think everything rests with the consumer.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629352704,"gmtCreate":1670298369409,"gmtModify":1676538340254,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/629352704","repostId":"2289286198","repostType":4,"repost":{"id":"2289286198","pubTimestamp":1670293847,"share":"https://ttm.financial/m/news/2289286198?lang=&edition=fundamental","pubTime":"2022-12-06 10:30","market":"us","language":"en","title":"NIO Is Taking Off - Buy The Bottom","url":"https://stock-news.laohu8.com/highlight/detail?id=2289286198","media":"Seeking Alpha","summary":"SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, ","content":"<html><head></head><body><h2>Summary</h2><ul><li>It&#39;s been a while since NIO could be called cheap.</li><li>NIO&#39;s stock went on a roller coaster ride, declining by 85% from peak to trough.</li><li>Now with shares back around their 2020 levels NIO is a strong buy again.</li><li>Economies of scale, competitive advantages, and other elements should enable NIO to surpass future earnings estimates.</li><li>NIO&#39;s stock likely bottomed and should continue moving higher in the coming years.</li></ul><h2>NIO - Finally Cheap Again</h2><p>It&#39;s been a long time since <a href=\"https://laohu8.com/S/NIO\">NIO</a> was considered a bargain, but we are at that stage now. Its share price has remained relatively high since the early and mid days of 2020. That was the first time I bought this stock in the $10-$13 price range. Then, NIO&#39;s price increased, and I added in the $17-$20 range. I unloaded most of my NIO shares in the $50-$60 range in late 2020 and early 2021. With the stock back in the $10-$15 range, it may be an excellent time to build another longer-term position in NIO.</p><p><img src=\"https://static.seekingalpha.com/uploads/2022/12/4/48200183-1670154716115186.png\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>NIO (StockCharts.com)</p><p>NIO is gaining momentum, and as sentiment improves, the company&#39;s stock price could go much higher. Higher than anticipated revenue growth and more significant profitability may push NIO&#39;s stock price substantially higher in the coming years. At these extreme lows, NIO is a strong candidate for a 5x return by 2025 and remains a leading China segment portfolio pick for 2023 and beyond.</p><h2>NIO&#39;s Recent Results</h2><p>NIO recently missed earnings estimates by 14 cents, yet, revenue came in at $1.83 billion, beating estimates by $50 million. NIO also provided solid guidance for Q4, with expected deliveries in the 43,000-48,000 range for the fourth quarter (72-92% YoY increase). In November, NIO reported a record-high delivery number of 14,178 vehicles, a 30.3% YoY increase. NIO&#39;s delivery capacity continues to rise, while demand for NIO&#39;s vehicles remains robust. NIO should continue delivering solid revenue growth and could improve its profitability substantially as the company advances. </p><h2>NIO is a Special Case</h2><p>Many Chinese stocks may be undervalued here, but NIO is a particular case. NIO is a premium pure-play EV manufacturer, producing some of the best EVs globally. Moreover, NIO is a Chinese company, providing it with a home court advantage in the most significant EV market in the world. Furthermore, NIO is remarkably cheap relative to its Western counterparts, some of which still need to demonstrate the ability to mass-produce vehicles. </p><h2>NIO vs. Others Valuation</h2><p><b>Forward P/S Ratio </b></p><ul><li>NIO: 1.5</li><li>XPeng (XPEV): 1.34</li><li>Li Auto (LI): 1.6</li><li>Tesla (TSLA): 5</li><li>Lucid (LCID): 7</li><li>Rivian (RIVN): 5</li></ul><h4><b>The Takeaway</b></h4><p>The Chinese companies trade at significantly discounted multiples relative to their American counterparts. If NIO were valued close to Lucid&#39;s or Rivian&#39;s valuation, its stock would be around $50-$75. At about 1.5 times forward sales, NIO is dirt cheap, and the stock is a bargain.</p><h2><b>NIO&#39;s Revenues Projections </b></h2><p><img src=\"https://static.seekingalpha.com/uploads/2022/12/5/48200183-16702274033175266.png\" tg-width=\"640\" tg-height=\"221\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Revenue projections (SeekingAlpha.com )</p><p>Consensus revenue estimates are around $14 billion next year and roughly $18 billion in 2024. However, provided the negative sentiment associated with China, the economic slowdown, and other variables, revenue and EPS estimates have been adjusted lower in recent quarters and maybe lowballed. Realistically, NIO could generate around $15 billion in revenues next year, roughly $20 billion in 2024, and should expand sales to $25 billion or more in 2025. NIO&#39;s market cap is around $20 billion, implying a forward P/S ratio of only 1.33. Additionally, considering that NIO could bring in about <i>$25 billion</i> in revenues in 2025, its stock is trading at only around 0.8 times 2025 sales estimates now.</p><h2>Significant EPS Growth Potential</h2><p><img src=\"https://static.tigerbbs.com/fe8d5f7bf8fcedb8824d2a90edaddda9\" tg-width=\"640\" tg-height=\"242\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>EPS growth (SeekingAlpha.com)</p><p>NIO has significant earning potential, and it&#39;s well-positioned to benefit from cheap labor and improved efficiency as it expands its economies of scale. There is a high probability that due to higher productivity and efficiency, NIO can become more profitable sooner than many analysts expect now. Higher-end EPS estimates are for $0.50 in 2025, but as NIO revenue growth explodes, the company may become more profitable sooner, possibly delivering $1-$2 in EPS around the 2025-2027 timeline.</p><p><b>What NIO&#39;s stock price may look like in future years: </b></p><table><tbody><tr><td>Year</td><td>2022</td><td>2023</td><td>2024</td><td>2025</td><td>2026</td><td>2027</td><td>2028</td></tr><tr><td>Revenue Bs</td><td>$7.5</td><td>$15</td><td>$20</td><td>$26</td><td>$33</td><td>$42</td><td>$53</td></tr><tr><td>Revenue growth</td><td>32%</td><td>100%</td><td>33%</td><td>30%</td><td>28%</td><td>26%</td><td>25%</td></tr><tr><td>EPS</td><td>N/A</td><td>$0.20</td><td>$0.40</td><td>$0.95</td><td>$1.45</td><td>$1.95</td><td>$2.50</td></tr><tr><td>Forward P/E</td><td>65</td><td>60</td><td>55</td><td>50</td><td>45</td><td>40</td><td>35</td></tr><tr><td>Stock Price</td><td>$13</td><td>$24</td><td>$52</td><td>$73</td><td>$88</td><td>$100</td><td>$120</td></tr></tbody></table><p>Click to enlarge</p><p>Source: The Financial Prophet</p><h2><b>The Bottom Line - It&#39;s All About Sentiment </b></h2><p>The sentiment is crucial to any company, especially to a hyper-growth one like NIO. We see enormous revenue growth potential for NIO in future years. After the company streamlines revenues by 100% next year, we expect significant 25-35% annual revenue growth for several years. Therefore, there should be great demand and opportunity around the upcoming revenue increase phase. NIO should also improve its operations through increased efficiency and its economies of scale implementation. There is also a distinct probability that we will see gross, operating, and other income margins strengthening. Therefore, NIO&#39;s profitability and EPS could expand more significantly than expected in the coming years, and we could see NIO&#39;s stock price around $100 in several years.</p><h2>Risks to NIO</h2><p>Despite my bullish outlook, there are various risks to my thesis. Delisting fears and other detrimental factors related to China could continue to pressure NIO&#39;s stock price. Also, the company could run into various production issues and may not reach the production capacity I envision in time. Moreover, NIO&#39;s vehicles may experience a drop-off in demand, in which case the company&#39;s share price would suffer. NIO remains an elevated-risk investment, but there is substantial reward potential if everything goes right.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO Is Taking Off - Buy The Bottom</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Is Taking Off - Buy The Bottom\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-06 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, declining by 85% from peak to trough.Now with shares back around their 2020 levels NIO is a strong ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4562414-nio-is-taking-off-buy-the-bottom","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2289286198","content_text":"SummaryIt's been a while since NIO could be called cheap.NIO's stock went on a roller coaster ride, declining by 85% from peak to trough.Now with shares back around their 2020 levels NIO is a strong buy again.Economies of scale, competitive advantages, and other elements should enable NIO to surpass future earnings estimates.NIO's stock likely bottomed and should continue moving higher in the coming years.NIO - Finally Cheap AgainIt's been a long time since NIO was considered a bargain, but we are at that stage now. Its share price has remained relatively high since the early and mid days of 2020. That was the first time I bought this stock in the $10-$13 price range. Then, NIO's price increased, and I added in the $17-$20 range. I unloaded most of my NIO shares in the $50-$60 range in late 2020 and early 2021. With the stock back in the $10-$15 range, it may be an excellent time to build another longer-term position in NIO.NIO (StockCharts.com)NIO is gaining momentum, and as sentiment improves, the company's stock price could go much higher. Higher than anticipated revenue growth and more significant profitability may push NIO's stock price substantially higher in the coming years. At these extreme lows, NIO is a strong candidate for a 5x return by 2025 and remains a leading China segment portfolio pick for 2023 and beyond.NIO's Recent ResultsNIO recently missed earnings estimates by 14 cents, yet, revenue came in at $1.83 billion, beating estimates by $50 million. NIO also provided solid guidance for Q4, with expected deliveries in the 43,000-48,000 range for the fourth quarter (72-92% YoY increase). In November, NIO reported a record-high delivery number of 14,178 vehicles, a 30.3% YoY increase. NIO's delivery capacity continues to rise, while demand for NIO's vehicles remains robust. NIO should continue delivering solid revenue growth and could improve its profitability substantially as the company advances. NIO is a Special CaseMany Chinese stocks may be undervalued here, but NIO is a particular case. NIO is a premium pure-play EV manufacturer, producing some of the best EVs globally. Moreover, NIO is a Chinese company, providing it with a home court advantage in the most significant EV market in the world. Furthermore, NIO is remarkably cheap relative to its Western counterparts, some of which still need to demonstrate the ability to mass-produce vehicles. NIO vs. Others ValuationForward P/S Ratio NIO: 1.5XPeng (XPEV): 1.34Li Auto (LI): 1.6Tesla (TSLA): 5Lucid (LCID): 7Rivian (RIVN): 5The TakeawayThe Chinese companies trade at significantly discounted multiples relative to their American counterparts. If NIO were valued close to Lucid's or Rivian's valuation, its stock would be around $50-$75. At about 1.5 times forward sales, NIO is dirt cheap, and the stock is a bargain.NIO's Revenues Projections Revenue projections (SeekingAlpha.com )Consensus revenue estimates are around $14 billion next year and roughly $18 billion in 2024. However, provided the negative sentiment associated with China, the economic slowdown, and other variables, revenue and EPS estimates have been adjusted lower in recent quarters and maybe lowballed. Realistically, NIO could generate around $15 billion in revenues next year, roughly $20 billion in 2024, and should expand sales to $25 billion or more in 2025. NIO's market cap is around $20 billion, implying a forward P/S ratio of only 1.33. Additionally, considering that NIO could bring in about $25 billion in revenues in 2025, its stock is trading at only around 0.8 times 2025 sales estimates now.Significant EPS Growth PotentialEPS growth (SeekingAlpha.com)NIO has significant earning potential, and it's well-positioned to benefit from cheap labor and improved efficiency as it expands its economies of scale. There is a high probability that due to higher productivity and efficiency, NIO can become more profitable sooner than many analysts expect now. Higher-end EPS estimates are for $0.50 in 2025, but as NIO revenue growth explodes, the company may become more profitable sooner, possibly delivering $1-$2 in EPS around the 2025-2027 timeline.What NIO's stock price may look like in future years: Year2022202320242025202620272028Revenue Bs$7.5$15$20$26$33$42$53Revenue growth32%100%33%30%28%26%25%EPSN/A$0.20$0.40$0.95$1.45$1.95$2.50Forward P/E65605550454035Stock Price$13$24$52$73$88$100$120Click to enlargeSource: The Financial ProphetThe Bottom Line - It's All About Sentiment The sentiment is crucial to any company, especially to a hyper-growth one like NIO. We see enormous revenue growth potential for NIO in future years. After the company streamlines revenues by 100% next year, we expect significant 25-35% annual revenue growth for several years. Therefore, there should be great demand and opportunity around the upcoming revenue increase phase. NIO should also improve its operations through increased efficiency and its economies of scale implementation. There is also a distinct probability that we will see gross, operating, and other income margins strengthening. Therefore, NIO's profitability and EPS could expand more significantly than expected in the coming years, and we could see NIO's stock price around $100 in several years.Risks to NIODespite my bullish outlook, there are various risks to my thesis. Delisting fears and other detrimental factors related to China could continue to pressure NIO's stock price. Also, the company could run into various production issues and may not reach the production capacity I envision in time. Moreover, NIO's vehicles may experience a drop-off in demand, in which case the company's share price would suffer. NIO remains an elevated-risk investment, but there is substantial reward potential if everything goes right.","news_type":1},"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629950388,"gmtCreate":1670225912246,"gmtModify":1676538324399,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/629950388","repostId":"2289907175","repostType":4,"repost":{"id":"2289907175","pubTimestamp":1670223163,"share":"https://ttm.financial/m/news/2289907175?lang=&edition=fundamental","pubTime":"2022-12-05 14:52","market":"us","language":"en","title":"3 Tech Stocks Hedge Funds Are Buying Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2289907175","media":"InvestorPlace","summary":"Tech stocks are trading at a steep discount, and hedge funds are buying.$Shopify(SHOP)$: The company scored record sales during Black Friday & Cyber Monday.$Uber(UBER)$: Uber is continuing to innovate","content":"<html><head></head><body><ul><li>Tech stocks are trading at a steep discount, and hedge funds are buying.</li><li><a href=\"https://laohu8.com/S/SHOP\">Shopify</a>: The company scored record sales during Black Friday &amp; Cyber Monday.</li><li><a href=\"https://laohu8.com/S/UBER\">Uber</a>: Uber is continuing to innovate by launching a dedicated ad business.</li><li><a href=\"https://laohu8.com/S/QCOM\">Qualcomm</a>: Despite strong performance, softer-than-expected guidance has led to an unreasonably low valuation.</li></ul><p>While many different factors can influence the stock market, one of the most important to many retail investors may be the actions of hedge funds. That’s because hedge funds are often known as the smart money to be followed, particularly in times of uncertainty. Notably, one group of stocks that hedge funds have been buying in recent months are tech stocks.</p><p>While the tech sector has been volatile recently, many analysts believe it is due for a rebound. Thus, it shouldn’t be surprising to see that hedge funds have been scooping up shares of specific companies. Of course, there is no guarantee that these stocks will go up in value, but they could provide substantial profits for hedge fund investors if the markets rebound next year.</p><p>These large institutional investors have the resources and expertise to buy or sell large amounts of stock rapidly, and their decisions can significantly impact the market. If you’re looking for an edge in the tech corner of the stock market, you may want to take a closer look at hedge fund activity. That’s because hedge fund managers are some of the savviest investors and often have access to information that the general public doesn’t.</p><p>In picking companies for this list, we include only those growth stocks that saw positive hedge fund activity last quarter. Hence, even if a growth stock experienced a selloff in the last quarter, it is not included in this list.</p><p>With that out of the way, let’s look at some tech stocks that hedge funds are buying.</p><table border=\"1\"><tbody><tr><td><b>SHOP</b></td><td>Shopify</td><td>$43.06</td></tr><tr><td><b>UBER</b></td><td>Uber</td><td>$28.75</td></tr><tr><td><b>QCOM</b></td><td>Qualcomm</td><td>$125.66</td></tr></tbody></table><h2><a href=\"https://laohu8.com/S/SHOP\">Shopify </a></h2><p><i>Hedge funds increased their holdings by about 9 million shares last quarter.</i></p><p><b>Shopify</b> (NYSE:<b><u>SHOP</u></b>) provides an online platform for e-commerce businesses. Recent sales across Shopify’s ecosystem have been impressive, but a net loss in the third quarter has some investors concerned. This has led to a declining stock price, with SHOP stock dipping more than 68% in the year, as macro concerns compound uncertainty around profitability.</p><p>That said, unlike the broader markets, Shopify is one of the tech stocks that hedge funds are taking an interest in right now. The stock has been battered this year, but hedge funds apparently see the long-term value in the company.</p><p>There are solid reasons why hedge funds are investing in this e-commerce player. Shopify is a leading back-end processing and middleware service provider for entrepreneurs to develop, manage, and scale their e-commerce businesses globally. Corporations use Shopify to increase sales by cutting operational costs, including manufacturing and marketing expenses.</p><p>Recent results for this company’s platform have also been impressive. During this year’s Black Friday and Cyber Monday selling spree, its merchants sold a record $7.5 billion of goods globally. This represents 19% growth from the previous year, despite the unfavorable impact foreign currency rates have had on this metric.</p><p>This growth rate shows that Shopify is continuing to provide value to its clientele and end customers. Despite bearish economic conditions, e-commerce activity remains strong. For those taking a long-term view of this sector, now may be the time to consider SHOP stock.</p><h2><a href=\"https://laohu8.com/S/UBER\">Uber </a></h2><p><i>Hedge funds are becoming increasingly active and purchased  3.8 million UBER shares last quarter.</i></p><p>Ride-hailing company <b>Uber</b> (NYSE:<b><u>UBER</u></b>) is evolving, and hedge funds appear to be buying into the vision. This vote of confidence from hedge funds comes amid relatively mixed results of late.</p><p>While the company was able to offset pandemic losses through its Uber Eats service, write downs for equity investments led the company to report a loss in the latest quarter. That said, bulls on UBER stock may note that the company is working to improve its model. The company is becoming more efficient and is thus becoming more attractive to hedge funds and other investors, particularly at these levels.</p><p>Despite inflationary pressures, Uber’s revenue in the third quarter jumped 72% to $8.34 billion from $4.85 billion in the year-ago quarter. A significant chunk of revenue growth is attributable to its November 2021 acquisition of Transplace, a freight company. All of the Transplace bookings were noted as revenue. Nevertheless, Uber’s gross bookings increased by 26% year-over-year, which means the platform remains very popular.</p><p>In addition, Uber is looking to diversify its revenue streams. This diversification will allow Uber to maintain its revenue growth, should economic conditions deteriorate. Given the company’s strategic vision for the future, this should bode well for long-term investors. Uber Eats is among the best examples of a strategic pivot that has worked for the company.</p><p>The latest potential diversification-based pivot I’m watching is the company’s push into the advertising space. In October, the ride-hailing giant launched a new advertising division that it believes could result in a “$1 billion-plus revenue opportunity by 2024.” Creating a dedicated ad division is a great way to diversify and grow revenue. At the same time, it has the potential to benefit investors greatly over the long-term.</p><h2><a href=\"https://laohu8.com/S/QCOM\">Qualcomm </a></h2><p><i>Hedge funds increased their holdings of Qualcomm stock by 101,600 shares in the last quarter.</i></p><p><b>Qualcomm</b> (NASDAQ:<b><u>QCOM</u></b>) has long been a powerhouse in the semiconductor and 5G markets. That said, even this industry leader hasn’t been immune to the recent tech selloff.</p><p>Despite poor momentum and price performance of late, hedge funds appear to be seizing on the opportunity to buy shares of Qualcomm at a discount. It appears many in the hedge fund world are betting that the stock will rebound in the coming months. There are a number of reasons for such a view, as Qualcomm’s stock is trading well below its 52-week high.</p><p>For the fourth quarter, Qualcomm’s non-GAAP net income rose 22% year-over-year, and revenues of $11.4 billion were also up by 22.1%. For the fiscal year 2022, revenue rose 32% to $44.2 billion, and EPS increased 45% to $12.53 per share.</p><p>However, the markets have not responded kindly to these earnings. That’s because muted guidance for Q1 of next year, stemming from softness in demand as a result of lockdowns in China, has investors concerned about the company’s forward-looking growth rate. Growth stocks are skating on thin ice at the moment. Even the slightest hint of negative news around future growth, valuations are prone to compress significantly.</p><p>But for long-term bulls, this is the ideal time to strike. Qualcomm did well in a challenging year, and is more than just a chip company. The company holds a massive automotive design-win pipeline of $30 billion. Revenues for this segment grew from $975 million in 2021 to $1.37 billion in 2022. That’s not too shabby, considering where we are in the current cycle.</p><p>Even after factoring in the recent selloff, Qualcomm remains one of the most attractive opportunities in the tech sector.</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 Hedge Funds Are Buying Now</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 Hedge Funds Are Buying Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-05 14:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/12/3-tech-stocks-hedge-funds-are-buying-now-shop-uber-qcom/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks are trading at a steep discount, and hedge funds are buying.Shopify: The company scored record sales during Black Friday & Cyber Monday.Uber: Uber is continuing to innovate by launching a ...</p>\n\n<a href=\"https://investorplace.com/2022/12/3-tech-stocks-hedge-funds-are-buying-now-shop-uber-qcom/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","SHOP":"Shopify Inc","QCOM":"高通"},"source_url":"https://investorplace.com/2022/12/3-tech-stocks-hedge-funds-are-buying-now-shop-uber-qcom/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289907175","content_text":"Tech stocks are trading at a steep discount, and hedge funds are buying.Shopify: The company scored record sales during Black Friday & Cyber Monday.Uber: Uber is continuing to innovate by launching a dedicated ad business.Qualcomm: Despite strong performance, softer-than-expected guidance has led to an unreasonably low valuation.While many different factors can influence the stock market, one of the most important to many retail investors may be the actions of hedge funds. That’s because hedge funds are often known as the smart money to be followed, particularly in times of uncertainty. Notably, one group of stocks that hedge funds have been buying in recent months are tech stocks.While the tech sector has been volatile recently, many analysts believe it is due for a rebound. Thus, it shouldn’t be surprising to see that hedge funds have been scooping up shares of specific companies. Of course, there is no guarantee that these stocks will go up in value, but they could provide substantial profits for hedge fund investors if the markets rebound next year.These large institutional investors have the resources and expertise to buy or sell large amounts of stock rapidly, and their decisions can significantly impact the market. If you’re looking for an edge in the tech corner of the stock market, you may want to take a closer look at hedge fund activity. That’s because hedge fund managers are some of the savviest investors and often have access to information that the general public doesn’t.In picking companies for this list, we include only those growth stocks that saw positive hedge fund activity last quarter. Hence, even if a growth stock experienced a selloff in the last quarter, it is not included in this list.With that out of the way, let’s look at some tech stocks that hedge funds are buying.SHOPShopify$43.06UBERUber$28.75QCOMQualcomm$125.66Shopify Hedge funds increased their holdings by about 9 million shares last quarter.Shopify (NYSE:SHOP) provides an online platform for e-commerce businesses. Recent sales across Shopify’s ecosystem have been impressive, but a net loss in the third quarter has some investors concerned. This has led to a declining stock price, with SHOP stock dipping more than 68% in the year, as macro concerns compound uncertainty around profitability.That said, unlike the broader markets, Shopify is one of the tech stocks that hedge funds are taking an interest in right now. The stock has been battered this year, but hedge funds apparently see the long-term value in the company.There are solid reasons why hedge funds are investing in this e-commerce player. Shopify is a leading back-end processing and middleware service provider for entrepreneurs to develop, manage, and scale their e-commerce businesses globally. Corporations use Shopify to increase sales by cutting operational costs, including manufacturing and marketing expenses.Recent results for this company’s platform have also been impressive. During this year’s Black Friday and Cyber Monday selling spree, its merchants sold a record $7.5 billion of goods globally. This represents 19% growth from the previous year, despite the unfavorable impact foreign currency rates have had on this metric.This growth rate shows that Shopify is continuing to provide value to its clientele and end customers. Despite bearish economic conditions, e-commerce activity remains strong. For those taking a long-term view of this sector, now may be the time to consider SHOP stock.Uber Hedge funds are becoming increasingly active and purchased  3.8 million UBER shares last quarter.Ride-hailing company Uber (NYSE:UBER) is evolving, and hedge funds appear to be buying into the vision. This vote of confidence from hedge funds comes amid relatively mixed results of late.While the company was able to offset pandemic losses through its Uber Eats service, write downs for equity investments led the company to report a loss in the latest quarter. That said, bulls on UBER stock may note that the company is working to improve its model. The company is becoming more efficient and is thus becoming more attractive to hedge funds and other investors, particularly at these levels.Despite inflationary pressures, Uber’s revenue in the third quarter jumped 72% to $8.34 billion from $4.85 billion in the year-ago quarter. A significant chunk of revenue growth is attributable to its November 2021 acquisition of Transplace, a freight company. All of the Transplace bookings were noted as revenue. Nevertheless, Uber’s gross bookings increased by 26% year-over-year, which means the platform remains very popular.In addition, Uber is looking to diversify its revenue streams. This diversification will allow Uber to maintain its revenue growth, should economic conditions deteriorate. Given the company’s strategic vision for the future, this should bode well for long-term investors. Uber Eats is among the best examples of a strategic pivot that has worked for the company.The latest potential diversification-based pivot I’m watching is the company’s push into the advertising space. In October, the ride-hailing giant launched a new advertising division that it believes could result in a “$1 billion-plus revenue opportunity by 2024.” Creating a dedicated ad division is a great way to diversify and grow revenue. At the same time, it has the potential to benefit investors greatly over the long-term.Qualcomm Hedge funds increased their holdings of Qualcomm stock by 101,600 shares in the last quarter.Qualcomm (NASDAQ:QCOM) has long been a powerhouse in the semiconductor and 5G markets. That said, even this industry leader hasn’t been immune to the recent tech selloff.Despite poor momentum and price performance of late, hedge funds appear to be seizing on the opportunity to buy shares of Qualcomm at a discount. It appears many in the hedge fund world are betting that the stock will rebound in the coming months. There are a number of reasons for such a view, as Qualcomm’s stock is trading well below its 52-week high.For the fourth quarter, Qualcomm’s non-GAAP net income rose 22% year-over-year, and revenues of $11.4 billion were also up by 22.1%. For the fiscal year 2022, revenue rose 32% to $44.2 billion, and EPS increased 45% to $12.53 per share.However, the markets have not responded kindly to these earnings. That’s because muted guidance for Q1 of next year, stemming from softness in demand as a result of lockdowns in China, has investors concerned about the company’s forward-looking growth rate. Growth stocks are skating on thin ice at the moment. Even the slightest hint of negative news around future growth, valuations are prone to compress significantly.But for long-term bulls, this is the ideal time to strike. Qualcomm did well in a challenging year, and is more than just a chip company. The company holds a massive automotive design-win pipeline of $30 billion. Revenues for this segment grew from $975 million in 2021 to $1.37 billion in 2022. That’s not too shabby, considering where we are in the current cycle.Even after factoring in the recent selloff, Qualcomm remains one of the most attractive opportunities in the tech sector.","news_type":1},"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629041479,"gmtCreate":1670131392793,"gmtModify":1676538308329,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/629041479","repostId":"2288925832","repostType":4,"repost":{"id":"2288925832","pubTimestamp":1670121245,"share":"https://ttm.financial/m/news/2288925832?lang=&edition=fundamental","pubTime":"2022-12-04 10:34","market":"us","language":"en","title":"NIO And XPeng: Don't Choose The One Getting Squeezed Out","url":"https://stock-news.laohu8.com/highlight/detail?id=2288925832","media":"seekingalpha","summary":"ThesisLeading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish inves","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/0148afb1415d9966a462d316514fd0e2\" tg-width=\"750\" tg-height=\"500\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><h2>Thesis</h2><p>Leading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish investors/weak holders to flee at its October lows. In contrast, NIO posted a 1M total return of 24.5%, as buying sentiments returned strongly to China&#39;s embattled pure-play BEV makers.</p><p>Notwithstanding, Chinese EV bears will point out that both stocks remain well below their starting point in 2022. Accordingly, XPEV&#39;s YTD total return of -80% suggests buyers have been decimated, while NIO posted a better YTD performance of -62%.</p><p>Hence, we believe it&#39;s opportune to update investors on whether the buying opportunity on the recent rally still has legs, as China seems to be progressively easing its COVID restrictions.</p><p>Our assessment indicates that one company has executed much better as China&#39;s economy worsened in 2022. China&#39;s stringent COVID restrictions and harsh property cooling measures have weakened its GDP growth significantly. Accordingly, China&#39;s manufacturing PMI also came below consensus estimates, behooving China to accelerate its reopening moves.</p><p>Coupled with heightened competition, higher input costs, supply chain disruptions, and a weaker economy, NIO has proved its mettle against XPeng. However, both companies remain unprofitable. With a narrowed route toward external financing, given the current market conditions, we believe investors will likely focus on the company that has executed better, with clearer visibility toward reaching profitability.</p><p>We believe the competitive landscape would likely intensify further. Legacy OEMs such as General Motors (GM), Ford (F), and Volkswagen (OTCPK:VWAGY) have telegraphed ambitious plans to assume EV leadership by 2025/26. In addition, China&#39;s NEV leader BYD Company (OTCPK:BYDDY) has continued to penetrate the EV market further, consolidating its position as the global NEV leader (including hybrids) in Q3&#39;22, ahead of Tesla (TSLA).</p><p>Therefore, we urge investors to consider the business models and execution prowess of NIO and XPeng carefully as they take on profitable leading auto behemoths as they chart their path to profitability.</p><p>We discuss why we continue to put our bet in NIO as a potential multi-bagger speculative opportunity ahead of XPEV.</p><p>Maintain Speculative Buy on NIO and Hold on XPEV.</p><h2>Competition In China Has Intensified</h2><p>China&#39;s economic malaise has battered its consumer discretionary spending, including automobiles. Yet, China&#39;s leading NEV makers have made robust progress in 2022.</p><p>For instance, BYD delivered more than 230K of NEV in November, notching another monthly record, up nearly 153% YoY. Notably, BYD has continued to post consistent MoM gains since April 2022, corroborating the resilience of its highly vertically-integrated operating model.</p><p>Moreover, Volkswagen has continued to invest heavily in its prized Chinese market. General Motors have also stepped up on its endeavor, looking to introduce 15 EV models for the Chinese market by 2025.</p><p>Hence, we postulate that the competitive landscape in China could indicate that some unprofitable/less profitable upstarts could be squeezed out of the leading pack subsequently. With NIO and XPeng continuing to struggle for profitability, it&#39;s vital to assess which company could emerge as the stronger competitor to take on these behemoths.</p><p>Furthermore, China&#39;s NEV subsidies are due to be eliminated by 2023, even though Chinese media reported that there could be some revisions. Notwithstanding, it could neutralize/lessen a constructive tailwind that has driven sales over the past few years.</p><p>Therefore the market outlook remains uncertain while competition has intensified. As such, nothing short of excellent execution is required to navigate these challenges. And it&#39;s one that XPeng has fallen short in 2022.</p><h2>XPeng Restructures</h2><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61e462b6ef38ba6c0893c716ae23dcdc\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>XPeng Vehicle margins % (Company filings)</span></p><p>Given XPeng&#39;s low vehicle margins operating model, it&#39;s imperative for the company to continue posting robust production and deliveries growth to benefit significantly from fixed costs leverage.</p><p>However, XPeng&#39;s massive Q3 deliveries disappointment highlighted the execution weakness in a challenging macro and supply chain environment, in which leaders BYD and NIO performed admirably.</p><p>With a vehicle margin of just 11.6% in Q3 (up from Q2&#39;s 9.1%), XPeng&#39;s profitability has improved QoQ.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e172d47aa15683ff6c89cf5c9e8dbd2\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"/><span>XPeng Deliveries (Company filings)</span></p><p>However, the company posted deliveries growth of just 15% in FQ3; a massive downshift from FQ2&#39;s 98%. As such, we believe it triggered a rethinking of its strategies, leading the company to announce an organizational restructuring, as CEO He Xiaoping emphasized:</p><blockquote>Frankly, we&#39;re going through a very challenging period in pursuing our long-term goals. In response, we recently conducted an in-depth strategic review and implemented organizational restructure. As market competition intensifies, we&#39;ll sharpen our marketing to highlight the great value in our industry-leading smart and electrification technologies and further enhance our branding, sales, and service capabilities. (XPeng FQ3&#39;22 earnings call)</blockquote><p>Hence, we believe there&#39;s little doubt that the increasingly competitive landscape hammered XPeng&#39;s execution. Therefore, moving forward, we think it&#39;s better to watch the action from the sidelines unless you have a very high conviction in XPeng&#39;s management.</p><p>XPeng announced October and November deliveries of 5.1K and 5.81K, respectively. As such, the company needs to deliver about 9.59K of NEV (midpoint) in Q4, predicated on the ramp of its G9. XPeng emphasized: &#34;The Company expects that deliveries will significantly increase in December 2022 as G9&#39;s production ramp-up accelerates under normalized operating conditions.&#34;</p><p>We believe that XPEV&#39;s battering toward its October lows has likely reflected significant pessimism. But, we don&#39;t think the recent rally is sustainable, as its price action suggests a massive covering rally.</p><p>As such, we urge investors thinking of cutting exposure to leverage on the recent recovery to take some risks off the table and rotate.</p><h2>Rotate To NIO<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b388563a2b413a07256e586ffbaa59a0\" tg-width=\"640\" tg-height=\"395\" width=\"100%\" height=\"auto\"/><span>NIO Deliveries (Company filings)</span></p></h2><p>NIO posted 14.18K in NEV deliveries for November, up nearly 41% MoM. As such, NIO demonstrated that its premium EV strategy is working well, despite China&#39;s economic malaise.</p><p>While China&#39;s COVID restrictions have impacted its production cadence, we believe it could be less material moving forward as China progressively eases.</p><p>Hence, NIO should be able to focus primarily on its execution as it looks to deliver its Q4 guidance of 45.5K NEVs (midpoint). The company appears confident in its recent deliveries outlook as NIO emphasized: &#34;NIO will further accelerate the production and delivery in December 2022.&#34;</p><p>NIO CEO William Li also telegraphed recently why it&#39;s critical for NIO to remain deeply entrenched as one of China&#39;s leading NEV leaders, given intensifying competition. Li accentuated:</p><blockquote>If a company is squeezed into the second tier in the final round [of competition in 2024/25], it is basically impossible for it to catch up to the first tier if it wants to. You can only be a second-tier languishing, barely alive person. - CnEVPost</blockquote><p>Therefore, we believe it&#39;s no surprise that the timeline aligns well with the milestones indicated by the legacy OEMs makers as they transform into EV companies.</p><p>Don&#39;t assume these OEM makers are &#34;dead&#34; yet, as they invest profits from their ICE segments to take on unprofitable EV makers. The battle is far from over, and we believe only the fittest EV makers could survive the increasingly competitive landscape.</p><h2>Is NIO Or XPEV Stock A Buy, Sell, Or Hold?</h2><p><i>Maintain Speculative Buy on NIO and Hold on XPEV.</i></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fbee3aba450db5a7c84dee25b0094d59\" tg-width=\"640\" tg-height=\"340\" width=\"100%\" height=\"auto\"/><span>XPEV price chart (weekly) (TradingView)</span></p><p>The market had gotten XPEV spot on, knowing that it could face significant competitive pressures that could impact its operating model considerably.</p><p>As such, the market&#39;s battering from its June highs has likely reflected its positioning. Hence, the recent sharp rally from its October lows resembled a covering move from bearish investors taking profit and cutting exposure.</p><p>As such, we urge investors not to join this rally but consider taking the opportunity to take some risks off the table.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/315a624b01e18068ea47037b78f4f8b6\" tg-width=\"640\" tg-height=\"340\" width=\"100%\" height=\"auto\"/><span>NIO price chart (weekly) (TradingView)</span></p><p>NIO&#39;s price action looks much more robust than XPEV, with no clear signs of a massive covering rally. Therefore, buyers are likely accumulating, trapping bearish investors at its long-term support and holding that defense line constructively.</p><p>Hence, we believe the opportunity for a mean-reversion rally for NIO is still attractive at these levels. XPEV investors who decide to cut exposure can consider rotating some exposure to NIO to take them toward the next stage of the competition in China&#39;s increasingly competitive EV market.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NIO And XPeng: Don't Choose The One Getting Squeezed Out</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO And XPeng: Don't Choose The One Getting Squeezed Out\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-04 10:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562162-nio-vs-xpeng-dont-choose-one-getting-squeezed-out><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ThesisLeading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562162-nio-vs-xpeng-dont-choose-one-getting-squeezed-out\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4509":"腾讯概念","NIO.SI":"蔚来","BK4526":"热门中概股","NIO":"蔚来","LU0052750758.USD":"富兰克林中国基金A Acc","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4574":"无人驾驶","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","09866":"蔚来-SW","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4532":"文艺复兴科技持仓","BK4531":"中概回港概念","BK4534":"瑞士信贷持仓","BK4555":"新能源车"},"source_url":"https://seekingalpha.com/article/4562162-nio-vs-xpeng-dont-choose-one-getting-squeezed-out","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2288925832","content_text":"ThesisLeading Chinese pure-play EV makers NIO Inc. (NYSE:NIO) and XPeng Inc. (NYSE:XPEV) enjoyed a solid recovery in November. XPEV posted a 1M total return of 55.5% as the market forced bearish investors/weak holders to flee at its October lows. In contrast, NIO posted a 1M total return of 24.5%, as buying sentiments returned strongly to China's embattled pure-play BEV makers.Notwithstanding, Chinese EV bears will point out that both stocks remain well below their starting point in 2022. Accordingly, XPEV's YTD total return of -80% suggests buyers have been decimated, while NIO posted a better YTD performance of -62%.Hence, we believe it's opportune to update investors on whether the buying opportunity on the recent rally still has legs, as China seems to be progressively easing its COVID restrictions.Our assessment indicates that one company has executed much better as China's economy worsened in 2022. China's stringent COVID restrictions and harsh property cooling measures have weakened its GDP growth significantly. Accordingly, China's manufacturing PMI also came below consensus estimates, behooving China to accelerate its reopening moves.Coupled with heightened competition, higher input costs, supply chain disruptions, and a weaker economy, NIO has proved its mettle against XPeng. However, both companies remain unprofitable. With a narrowed route toward external financing, given the current market conditions, we believe investors will likely focus on the company that has executed better, with clearer visibility toward reaching profitability.We believe the competitive landscape would likely intensify further. Legacy OEMs such as General Motors (GM), Ford (F), and Volkswagen (OTCPK:VWAGY) have telegraphed ambitious plans to assume EV leadership by 2025/26. In addition, China's NEV leader BYD Company (OTCPK:BYDDY) has continued to penetrate the EV market further, consolidating its position as the global NEV leader (including hybrids) in Q3'22, ahead of Tesla (TSLA).Therefore, we urge investors to consider the business models and execution prowess of NIO and XPeng carefully as they take on profitable leading auto behemoths as they chart their path to profitability.We discuss why we continue to put our bet in NIO as a potential multi-bagger speculative opportunity ahead of XPEV.Maintain Speculative Buy on NIO and Hold on XPEV.Competition In China Has IntensifiedChina's economic malaise has battered its consumer discretionary spending, including automobiles. Yet, China's leading NEV makers have made robust progress in 2022.For instance, BYD delivered more than 230K of NEV in November, notching another monthly record, up nearly 153% YoY. Notably, BYD has continued to post consistent MoM gains since April 2022, corroborating the resilience of its highly vertically-integrated operating model.Moreover, Volkswagen has continued to invest heavily in its prized Chinese market. General Motors have also stepped up on its endeavor, looking to introduce 15 EV models for the Chinese market by 2025.Hence, we postulate that the competitive landscape in China could indicate that some unprofitable/less profitable upstarts could be squeezed out of the leading pack subsequently. With NIO and XPeng continuing to struggle for profitability, it's vital to assess which company could emerge as the stronger competitor to take on these behemoths.Furthermore, China's NEV subsidies are due to be eliminated by 2023, even though Chinese media reported that there could be some revisions. Notwithstanding, it could neutralize/lessen a constructive tailwind that has driven sales over the past few years.Therefore the market outlook remains uncertain while competition has intensified. As such, nothing short of excellent execution is required to navigate these challenges. And it's one that XPeng has fallen short in 2022.XPeng RestructuresXPeng Vehicle margins % (Company filings)Given XPeng's low vehicle margins operating model, it's imperative for the company to continue posting robust production and deliveries growth to benefit significantly from fixed costs leverage.However, XPeng's massive Q3 deliveries disappointment highlighted the execution weakness in a challenging macro and supply chain environment, in which leaders BYD and NIO performed admirably.With a vehicle margin of just 11.6% in Q3 (up from Q2's 9.1%), XPeng's profitability has improved QoQ.XPeng Deliveries (Company filings)However, the company posted deliveries growth of just 15% in FQ3; a massive downshift from FQ2's 98%. As such, we believe it triggered a rethinking of its strategies, leading the company to announce an organizational restructuring, as CEO He Xiaoping emphasized:Frankly, we're going through a very challenging period in pursuing our long-term goals. In response, we recently conducted an in-depth strategic review and implemented organizational restructure. As market competition intensifies, we'll sharpen our marketing to highlight the great value in our industry-leading smart and electrification technologies and further enhance our branding, sales, and service capabilities. (XPeng FQ3'22 earnings call)Hence, we believe there's little doubt that the increasingly competitive landscape hammered XPeng's execution. Therefore, moving forward, we think it's better to watch the action from the sidelines unless you have a very high conviction in XPeng's management.XPeng announced October and November deliveries of 5.1K and 5.81K, respectively. As such, the company needs to deliver about 9.59K of NEV (midpoint) in Q4, predicated on the ramp of its G9. XPeng emphasized: \"The Company expects that deliveries will significantly increase in December 2022 as G9's production ramp-up accelerates under normalized operating conditions.\"We believe that XPEV's battering toward its October lows has likely reflected significant pessimism. But, we don't think the recent rally is sustainable, as its price action suggests a massive covering rally.As such, we urge investors thinking of cutting exposure to leverage on the recent recovery to take some risks off the table and rotate.Rotate To NIONIO Deliveries (Company filings)NIO posted 14.18K in NEV deliveries for November, up nearly 41% MoM. As such, NIO demonstrated that its premium EV strategy is working well, despite China's economic malaise.While China's COVID restrictions have impacted its production cadence, we believe it could be less material moving forward as China progressively eases.Hence, NIO should be able to focus primarily on its execution as it looks to deliver its Q4 guidance of 45.5K NEVs (midpoint). The company appears confident in its recent deliveries outlook as NIO emphasized: \"NIO will further accelerate the production and delivery in December 2022.\"NIO CEO William Li also telegraphed recently why it's critical for NIO to remain deeply entrenched as one of China's leading NEV leaders, given intensifying competition. Li accentuated:If a company is squeezed into the second tier in the final round [of competition in 2024/25], it is basically impossible for it to catch up to the first tier if it wants to. You can only be a second-tier languishing, barely alive person. - CnEVPostTherefore, we believe it's no surprise that the timeline aligns well with the milestones indicated by the legacy OEMs makers as they transform into EV companies.Don't assume these OEM makers are \"dead\" yet, as they invest profits from their ICE segments to take on unprofitable EV makers. The battle is far from over, and we believe only the fittest EV makers could survive the increasingly competitive landscape.Is NIO Or XPEV Stock A Buy, Sell, Or Hold?Maintain Speculative Buy on NIO and Hold on XPEV.XPEV price chart (weekly) (TradingView)The market had gotten XPEV spot on, knowing that it could face significant competitive pressures that could impact its operating model considerably.As such, the market's battering from its June highs has likely reflected its positioning. Hence, the recent sharp rally from its October lows resembled a covering move from bearish investors taking profit and cutting exposure.As such, we urge investors not to join this rally but consider taking the opportunity to take some risks off the table.NIO price chart (weekly) (TradingView)NIO's price action looks much more robust than XPEV, with no clear signs of a massive covering rally. Therefore, buyers are likely accumulating, trapping bearish investors at its long-term support and holding that defense line constructively.Hence, we believe the opportunity for a mean-reversion rally for NIO is still attractive at these levels. XPEV investors who decide to cut exposure can consider rotating some exposure to NIO to take them toward the next stage of the competition in China's increasingly competitive EV market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629095698,"gmtCreate":1670031852115,"gmtModify":1676538291864,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/629095698","repostId":"1152464265","repostType":4,"repost":{"id":"1152464265","pubTimestamp":1670022054,"share":"https://ttm.financial/m/news/1152464265?lang=&edition=fundamental","pubTime":"2022-12-03 07:00","market":"us","language":"en","title":"11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1152464265","media":"Bloomberg","summary":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Ha","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cb8b5a354d9d687bd95cdff74dddc508\" tg-width=\"1214\" tg-height=\"811\" width=\"100%\" height=\"auto\"/></p><p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.</p><p>“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.</p><p>This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’s<i>Charging Bull</i>statue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.</p><p>Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)</p><p>“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”</p><p>But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at a<i>New York Times</i>conference and an interview on<i>Good Morning America</i>. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?</p><p><img src=\"https://static.tigerbbs.com/79b2ba9ef6da8454146f200cdc460f6e\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Bankman-Fried after an interview on<i>Bloomberg Wealth With David Rubenstein</i>on Aug. 17, 2022.Photographer: Jeenah Moon/Bloomberg</p><p>He doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.</p><p>It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.</p><p>I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith a<i>Vox</i>reporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” the<i>Vox</i>reporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.</p><p>I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.</p><p>To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messaged<i>Vox</i>, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.</p><p>I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”</p><p>“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”</p><p>That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he got<i>un</i>lucky, or miscalculated the odds.</p><p>Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end of<i>Scarface</i>, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.</p><p>Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.</p><p>The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.</p><p>Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.</p><p>“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”</p><p>The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)</p><p>The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.</p><p>The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”</p><p>“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”</p><p>Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.</p><p>Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.</p><p>That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.</p><p>As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,<i>Reminiscences of a Stock Operator.</i>Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.</p><p>The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.</p><p>Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.</p><p>But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”</p><p>“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”</p><p>Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.</p><p>The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.</p><p>There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)</p><p>When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.</p><p>“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)</p><p>“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”</p><p>“You were all aware there was a chance this would not work,” I say.</p><p>“That’s right,” he says. “But I thought that the risk was substantially smaller.”</p><p>I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.</p><p>“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”</p><p>“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”</p><p>Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.</p><p>“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.</p><p>“So what’s the problem, then?”</p><p>Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.</p><p>“What’s the difference between these two rows here?” he asks.</p><p>“You didn’t have $8 billion in cash that you thought you had,” I say.</p><p>“That’s correct. Yes.”</p><p>“You misplaced $8 billion?” I ask.</p><p>“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.</p><p>That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.</p><p>To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.</p><p>Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.</p><p>It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”</p><p>“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.</p><p>Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.</p><p>With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.</p><p>The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this big<i>Wolf of Wall Street</i>thing,” he said. “Bro, it was a bunch of nerds.”</p><p><img src=\"https://static.tigerbbs.com/b87535c118f069e782e80762398d0a9c\" tg-width=\"1000\" tg-height=\"1000\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Illustration: Maxime Mouysset for Bloomberg Businessweek</p><p>By the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.</p><p>I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.</p><p>I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.</p><p>“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”</p><p>I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”</p><p>Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.</p><p>I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.</p><p>“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”</p><p>“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”</p><p>To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”</p><p>“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”</p><p>“You had a rule on your platform. You didn’t follow it,” I say.</p><p>By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152464265","content_text":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’sCharging Bullstatue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at aNew York Timesconference and an interview onGood Morning America. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?Bankman-Fried after an interview onBloomberg Wealth With David Rubensteinon Aug. 17, 2022.Photographer: Jeenah Moon/BloombergHe doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith aVoxreporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” theVoxreporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messagedVox, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he gotunlucky, or miscalculated the odds.Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end ofScarface, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,Reminiscences of a Stock Operator.Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”“You were all aware there was a chance this would not work,” I say.“That’s right,” he says. “But I thought that the risk was substantially smaller.”I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.“So what’s the problem, then?”Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.“What’s the difference between these two rows here?” he asks.“You didn’t have $8 billion in cash that you thought you had,” I say.“That’s correct. Yes.”“You misplaced $8 billion?” I ask.“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this bigWolf of Wall Streetthing,” he said. “Bro, it was a bunch of nerds.”Illustration: Maxime Mouysset for Bloomberg BusinessweekBy the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”“You had a rule on your platform. You didn’t follow it,” I say.By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":620549521,"gmtCreate":1669870138664,"gmtModify":1676538260637,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/620549521","repostId":"2288162926","repostType":4,"repost":{"id":"2288162926","pubTimestamp":1669851772,"share":"https://ttm.financial/m/news/2288162926?lang=&edition=fundamental","pubTime":"2022-12-01 07:42","market":"us","language":"en","title":"Elon Musk Thanks Tim Cook for Taking Him Around Apple HQ","url":"https://stock-news.laohu8.com/highlight/detail?id=2288162926","media":"seekingalpha","summary":"Twitter  CEO Elon Musk thanked Apple  CEO Tim Cook for taking him around Apple's headquarters on Wednesday.The meeting between the two chieftains is notable, given that Musk has needled Apple  in recent days.On Monday, Musk questioned why Apple , the world's largest company by market cap, had recently cut its advertising on Twitter.\"Apple has mostly stopped advertising on Twitter,\" Musk tweeted at the time. \"Do they hate free speech in America?\"Musk followed that up with a tweet to Cook, asking ","content":"<html><head></head><body><p>Twitter (TWTR) CEO Elon Musk thanked Apple (NASDAQ:AAPL) CEO Tim Cook for taking him around Apple&#39;s headquarters on Wednesday.</p><p><img src=\"https://static.tigerbbs.com/20673749f88fcad19415eb96477d2bc5\" tg-width=\"766\" tg-height=\"1167\" width=\"100%\" height=\"auto\"/></p><p>The meeting between the two chieftains is notable, given that Musk has needled Apple (AAPL) in recent days.</p><p>On Monday, Musk questioned why Apple (AAPL), the world&#39;s largest company by market cap, had recently cut its advertising on Twitter.</p><p>&#34;Apple has mostly stopped advertising on Twitter,&#34; Musk tweeted at the time. &#34;Do they hate free speech in America?&#34;</p><p>Musk followed that up with a tweet to Cook, asking &#34;What&#39;s going on here?&#34;</p><p>In addition to questioning Apple&#39;s (AAPL) advertising spending, Musk also claimed that Apple (AAPL) had threatened to take Twitter off the App Store, but that the company did not give a reason why.</p><p>Musk subsequently posted a meme bemoaning Apple&#39;s (AAPL) 30% commission for certain revenue generated via its App Store.</p><p>He also published a poll asking his 119M followers whether Apple (AAPL) &#34;should publish all censorship actions it has taken that affect its customers.&#34;</p><p>On Tuesday, Musk tweeted &#34;the people have spoken,&#34; showing that nearly 85% of respondents to the poll said that Apple (AAPL) should show the censorship actions it has taken.</p><p>Over the weekend, Musk said he would build his own smartphone if Twitter was removed from Apple&#39;s (AAPL) and Google&#39;s (GOOG) (GOOGL) platforms, but added he hoped it would not come to that.</p><p>The history between the two is long and extensive, as Musk claimed in 2020 that he offered to sell Tesla (NASDAQ:TSLA) to Apple (AAPL), but that Cook &#34;refused to take the meeting.&#34;</p><p>A book published in 2021 claimed that Cook shouted an expletive at Musk during a 2016 meeting when Musk demanded to be made Apple (AAPL) CEO if Apple were to acquire the car company, but Apple (AAPL) denied a meeting ever took place.</p><p>A notable analyst said earlier this week that Apple&#39;s (AAPL) iPhone 14 Pro shipments could be up to 20M units less than expected because of China-related supply chain disruptions.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Thanks Tim Cook for Taking Him Around Apple HQ</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\">\nElon Musk Thanks Tim Cook for Taking Him Around Apple HQ\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-01 07:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3912673-elon-musk-thanks-tim-cook-for-taking-him-around-apple-hq><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Twitter (TWTR) CEO Elon Musk thanked Apple (NASDAQ:AAPL) CEO Tim Cook for taking him around Apple's headquarters on Wednesday.The meeting between the two chieftains is notable, given that Musk has ...</p>\n\n<a href=\"https://seekingalpha.com/news/3912673-elon-musk-thanks-tim-cook-for-taking-him-around-apple-hq\">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","TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/news/3912673-elon-musk-thanks-tim-cook-for-taking-him-around-apple-hq","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2288162926","content_text":"Twitter (TWTR) CEO Elon Musk thanked Apple (NASDAQ:AAPL) CEO Tim Cook for taking him around Apple's headquarters on Wednesday.The meeting between the two chieftains is notable, given that Musk has needled Apple (AAPL) in recent days.On Monday, Musk questioned why Apple (AAPL), the world's largest company by market cap, had recently cut its advertising on Twitter.\"Apple has mostly stopped advertising on Twitter,\" Musk tweeted at the time. \"Do they hate free speech in America?\"Musk followed that up with a tweet to Cook, asking \"What's going on here?\"In addition to questioning Apple's (AAPL) advertising spending, Musk also claimed that Apple (AAPL) had threatened to take Twitter off the App Store, but that the company did not give a reason why.Musk subsequently posted a meme bemoaning Apple's (AAPL) 30% commission for certain revenue generated via its App Store.He also published a poll asking his 119M followers whether Apple (AAPL) \"should publish all censorship actions it has taken that affect its customers.\"On Tuesday, Musk tweeted \"the people have spoken,\" showing that nearly 85% of respondents to the poll said that Apple (AAPL) should show the censorship actions it has taken.Over the weekend, Musk said he would build his own smartphone if Twitter was removed from Apple's (AAPL) and Google's (GOOG) (GOOGL) platforms, but added he hoped it would not come to that.The history between the two is long and extensive, as Musk claimed in 2020 that he offered to sell Tesla (NASDAQ:TSLA) to Apple (AAPL), but that Cook \"refused to take the meeting.\"A book published in 2021 claimed that Cook shouted an expletive at Musk during a 2016 meeting when Musk demanded to be made Apple (AAPL) CEO if Apple were to acquire the car company, but Apple (AAPL) denied a meeting ever took place.A notable analyst said earlier this week that Apple's (AAPL) iPhone 14 Pro shipments could be up to 20M units less than expected because of China-related supply chain disruptions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":620234498,"gmtCreate":1669778572315,"gmtModify":1676538241645,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/620234498","repostId":"2287859746","repostType":4,"repost":{"id":"2287859746","pubTimestamp":1669768217,"share":"https://ttm.financial/m/news/2287859746?lang=&edition=fundamental","pubTime":"2022-11-30 08:30","market":"us","language":"en","title":"\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX","url":"https://stock-news.laohu8.com/highlight/detail?id=2287859746","media":"The Sydney Morning Herald","summary":"When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam","content":"<html><head></head><body><p>When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.</p><p>But his attempt to calm the situation belied what had just taken place within the company. As the crisis unfolded, a group of FTX lawyers and executives moved to strip authority from Bankman-Fried and urged the company’s top leaders to prepare for bankruptcy. For days, Bankman-Fried ignored their warnings and clung to power, seemingly convinced that he could save the firm, despite mounting evidence to the contrary.</p><p><img src=\"https://static.tigerbbs.com/7817164bdd32445ac4f1e4197abf2ee9\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>Before his empire fell, FTX founder Sam Bankman-Fried had agreed to several deals that are now in limbo, including the purchase of Voyager.Credit:Bloomberg</p><p>“The exchanges must be halted immediately,” Ryne Miller, a top FTX lawyer, wrote in an email to Bankman-Fried and other staff November 10. “The founding team is not currently in a cooperative posture.”</p><p>Bankman-Fried eventually relented, stepping down as FTX’s chief executive and authorising the company to file for bankruptcy. Dozens of pages of internal company emails and texts obtained by <i>The New York Times</i> offer a detailed look at those chaotic final days, as messages flew back and forth among FTX officials who seemed to be growing increasingly irritated with the 30-year-old founder.</p><p>Throughout, Bankman-Fried appeared deluded about FTX’s prospects, insisting that he could find a way to keep the company running, the documents show. A day before the bankruptcy filing, he told employees that he was trying to raise new funding, and as recently as last week he said he regretted authorising the bankruptcy.</p><p>The messages reviewed by <i>The Times</i> and interviews with insiders show how a small group of lawyers and executives struggled to get through to Bankman-Fried, even appealing to his father as they pressed their case. While Bankman-Fried was scrambling to line up investors, Miller sent a text to top staff describing the prospect of a fundraise as “0% likelihood.”</p><p>The push and pull continued into the early hours of November 11, when Miller sent a series of messages urging Bankman-Fried to sign papers so the company could file for bankruptcy.</p><p>“Please can you sign the document,” he wrote at 2:29 a.m.</p><p>FTX’s implosion has set off one of the worst upheavals in the history of crypto. Until this month, Bankman-Fried was regarded as one of the few trustworthy figures in a freewheeling, loosely regulated industry. He built a business empire, invested in smaller crypto firms and lobbied aggressively in Washington.</p><p>Now his actions are devastating the industry. Hundreds of thousands of customers stored their funds on FTX, which provided a marketplace for people to buy and sell digital coins; the exchange owes its creditors an estimated $US8 billion ($12 billion). And since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure, as fears grow that the collapse could cause other companies to fail. On Monday, the crypto lender BlockFi filed for bankruptcy, citing the fallout from FTX’s disintegration.</p><p><img src=\"https://static.tigerbbs.com/32f2132b7d404efd1ddccd3bc0e6eb7d\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>The FTX saga has left the entire industry crypto industry rattled. Credit:Getty</p><p>The legal ramifications are only beginning to take shape. Justice Department prosecutors are investigating FTX’s downfall, focusing on whether the exchange broke the law by lending its customers’ funds to the hedge fund Alameda Research, which Bankman-Fried also founded and owned. In bankruptcy court, FTX’s new chief executive has harshly criticised Bankman-Fried’s management of the company, calling it a “complete failure of corporate control.”</p><p>Reached by phone Sunday night, Bankman-Fried declined to address the messages that top executives exchanged leading up to the bankruptcy filing. But he said that even after FTX’s collapse, he had found “numerous parties” willing to invest funds. He declined to name any of the possible investors.</p><p>Miller and an FTX spokesman declined to comment.</p><p>The crisis began November 8, when Bankman-Fried announced that a run on deposits at FTX had forced him to sell the company to one of its bitterest rivals, Binance. For about a day, the deal raised the prospect that FTX could survive as part of a giant exchange run by Binance. But after reviewing FTX’s financial records, Binance pulled out of the agreement, citing issues with “corporate due diligence.”</p><p>“Sam, I’m sorry,” Binance’s founder, Changpeng Zhao, wrote in a text message to Bankman-Fried. “But we won’t be able to continue this deal. Way too many issues. CZ.”</p><p>With FTX swiftly unravelling, Miller tried to seize control of the situation. A former lawyer for the Commodity Futures Trading Commission, Miller had served as general counsel of FTX’s U.S. arm since August 2021. While he never belonged to Bankman-Fried’s main circle of advisers in the Bahamas, where FTX was based, he had accompanied the young executive in meetings with regulators in Washington.</p><p>Early in the crisis, Caroline Ellison, the chief executive of Alameda, wrote in a group chat with Miller that she was “kinda worried that everyone is gonna quit/take time off,” adding an emoticon of a sweating face. Miller responded November 9 that FTX needed “a professional manager vested with decision-making authority.”</p><p>That afternoon, Miller asked Bankman-Fried and two other executives to shut down trading on FTX’s platforms</p><p>“Who can turn off the websites?” he asked in a group chat at 4:41 p.m.</p><p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> minutes later, he got a response from Constance Wang, FTX’s chief operating officer and one of Bankman-Fried’s top lieutenants.</p><p>“Ryne, I love you,” she wrote, “but I don’t want to stop trying yet.”</p><p>Miller and other FTX executives also urged Bankman-Fried to give up some control of his business empire. At one point, Zach Dexter, an executive who worked on FTX’s American business, asked Bankman-Fried to delegate authority over US operations to him and Miller. In an exchange on the messaging system Slack, Bankman-Fried at first appeared to dodge Dexter’s question. Instead, he responded with proposed language for a banner on FTX’s US website.</p><p><img src=\"https://static.tigerbbs.com/116265319d5567b7160bed4ca533e339\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>Since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure,Credit:AP</p><p>Soon other FTX officials joined in, urging Bankman-Fried to forgo some control.</p><p>But Bankman-Fried seemed convinced he could save FTX. In a message to employees November 10, he announced that he was hoping to secure new financing from crypto entrepreneur Justin Sun. FTX had “a lot theoretically in and/or potentially for the raise,” he wrote.</p><p>Behind the scenes, pressure was growing to appoint a new executive to lead the exchange. On the night of November 9, Andrew Dietderich, a lawyer at Sullivan &amp; Cromwell, sent FTX executives the resume of John Jay Ray III, a corporate turnaround expert who had led the unwinding of Enron after the energy company’s collapse in an accounting scandal in 2001.</p><p>“Sam this is an excellent pick and I wholeheartedly hope you sign this tonight,” Dexter wrote in an email on the evening of November 10. “The faster John is in place, the faster the company can resolve issues that require urgent progress.”</p><p>A flurry of emails followed. In a message at 3:38 a.m. on November 11, Miller asked for an update on Bankman-Fried’s decision.</p><p>“I am chatting with Sam,” responded Ken Ziman, a lawyer at the firm Paul Weiss who was representing Bankman-Fried.</p><p>Ten minutes later, Ziman confirmed that Bankman-Fried had signed the document, authorising Ray to take over FTX. The company filed for bankruptcy a few hours later.</p><p>Bankman-Fried was also frustrated. Despite giving up control of FTX, he continued contacting possible investors about new funding for the exchange. In a letter to former colleagues last week, he said he regretted filing for bankruptcy, claiming that “potential interest in billions of dollars of funding came in roughly eight minutes after I signed the Chapter 11 docs.”</p><p>He presented no evidence for that claim, and in any case, FTX was no longer his company to run. On the morning of November 11, Miller moved quickly to make that clear, requesting the deletion of information about the firm’s old leadership from its website.</p><p>“Who can go to FTX.com and FTX US and remove the pictures and bios of the people under ‘about,’” he asked in a group chat with other executives.</p></body></html>","source":"smh_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>\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX</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\">\n\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-30 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html><strong>The Sydney Morning Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.But his attempt to calm the ...</p>\n\n<a href=\"https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287859746","content_text":"When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.But his attempt to calm the situation belied what had just taken place within the company. As the crisis unfolded, a group of FTX lawyers and executives moved to strip authority from Bankman-Fried and urged the company’s top leaders to prepare for bankruptcy. For days, Bankman-Fried ignored their warnings and clung to power, seemingly convinced that he could save the firm, despite mounting evidence to the contrary.Before his empire fell, FTX founder Sam Bankman-Fried had agreed to several deals that are now in limbo, including the purchase of Voyager.Credit:Bloomberg“The exchanges must be halted immediately,” Ryne Miller, a top FTX lawyer, wrote in an email to Bankman-Fried and other staff November 10. “The founding team is not currently in a cooperative posture.”Bankman-Fried eventually relented, stepping down as FTX’s chief executive and authorising the company to file for bankruptcy. Dozens of pages of internal company emails and texts obtained by The New York Times offer a detailed look at those chaotic final days, as messages flew back and forth among FTX officials who seemed to be growing increasingly irritated with the 30-year-old founder.Throughout, Bankman-Fried appeared deluded about FTX’s prospects, insisting that he could find a way to keep the company running, the documents show. A day before the bankruptcy filing, he told employees that he was trying to raise new funding, and as recently as last week he said he regretted authorising the bankruptcy.The messages reviewed by The Times and interviews with insiders show how a small group of lawyers and executives struggled to get through to Bankman-Fried, even appealing to his father as they pressed their case. While Bankman-Fried was scrambling to line up investors, Miller sent a text to top staff describing the prospect of a fundraise as “0% likelihood.”The push and pull continued into the early hours of November 11, when Miller sent a series of messages urging Bankman-Fried to sign papers so the company could file for bankruptcy.“Please can you sign the document,” he wrote at 2:29 a.m.FTX’s implosion has set off one of the worst upheavals in the history of crypto. Until this month, Bankman-Fried was regarded as one of the few trustworthy figures in a freewheeling, loosely regulated industry. He built a business empire, invested in smaller crypto firms and lobbied aggressively in Washington.Now his actions are devastating the industry. Hundreds of thousands of customers stored their funds on FTX, which provided a marketplace for people to buy and sell digital coins; the exchange owes its creditors an estimated $US8 billion ($12 billion). And since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure, as fears grow that the collapse could cause other companies to fail. On Monday, the crypto lender BlockFi filed for bankruptcy, citing the fallout from FTX’s disintegration.The FTX saga has left the entire industry crypto industry rattled. Credit:GettyThe legal ramifications are only beginning to take shape. Justice Department prosecutors are investigating FTX’s downfall, focusing on whether the exchange broke the law by lending its customers’ funds to the hedge fund Alameda Research, which Bankman-Fried also founded and owned. In bankruptcy court, FTX’s new chief executive has harshly criticised Bankman-Fried’s management of the company, calling it a “complete failure of corporate control.”Reached by phone Sunday night, Bankman-Fried declined to address the messages that top executives exchanged leading up to the bankruptcy filing. But he said that even after FTX’s collapse, he had found “numerous parties” willing to invest funds. He declined to name any of the possible investors.Miller and an FTX spokesman declined to comment.The crisis began November 8, when Bankman-Fried announced that a run on deposits at FTX had forced him to sell the company to one of its bitterest rivals, Binance. For about a day, the deal raised the prospect that FTX could survive as part of a giant exchange run by Binance. But after reviewing FTX’s financial records, Binance pulled out of the agreement, citing issues with “corporate due diligence.”“Sam, I’m sorry,” Binance’s founder, Changpeng Zhao, wrote in a text message to Bankman-Fried. “But we won’t be able to continue this deal. Way too many issues. CZ.”With FTX swiftly unravelling, Miller tried to seize control of the situation. A former lawyer for the Commodity Futures Trading Commission, Miller had served as general counsel of FTX’s U.S. arm since August 2021. While he never belonged to Bankman-Fried’s main circle of advisers in the Bahamas, where FTX was based, he had accompanied the young executive in meetings with regulators in Washington.Early in the crisis, Caroline Ellison, the chief executive of Alameda, wrote in a group chat with Miller that she was “kinda worried that everyone is gonna quit/take time off,” adding an emoticon of a sweating face. Miller responded November 9 that FTX needed “a professional manager vested with decision-making authority.”That afternoon, Miller asked Bankman-Fried and two other executives to shut down trading on FTX’s platforms“Who can turn off the websites?” he asked in a group chat at 4:41 p.m.Two minutes later, he got a response from Constance Wang, FTX’s chief operating officer and one of Bankman-Fried’s top lieutenants.“Ryne, I love you,” she wrote, “but I don’t want to stop trying yet.”Miller and other FTX executives also urged Bankman-Fried to give up some control of his business empire. At one point, Zach Dexter, an executive who worked on FTX’s American business, asked Bankman-Fried to delegate authority over US operations to him and Miller. In an exchange on the messaging system Slack, Bankman-Fried at first appeared to dodge Dexter’s question. Instead, he responded with proposed language for a banner on FTX’s US website.Since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure,Credit:APSoon other FTX officials joined in, urging Bankman-Fried to forgo some control.But Bankman-Fried seemed convinced he could save FTX. In a message to employees November 10, he announced that he was hoping to secure new financing from crypto entrepreneur Justin Sun. FTX had “a lot theoretically in and/or potentially for the raise,” he wrote.Behind the scenes, pressure was growing to appoint a new executive to lead the exchange. On the night of November 9, Andrew Dietderich, a lawyer at Sullivan & Cromwell, sent FTX executives the resume of John Jay Ray III, a corporate turnaround expert who had led the unwinding of Enron after the energy company’s collapse in an accounting scandal in 2001.“Sam this is an excellent pick and I wholeheartedly hope you sign this tonight,” Dexter wrote in an email on the evening of November 10. “The faster John is in place, the faster the company can resolve issues that require urgent progress.”A flurry of emails followed. In a message at 3:38 a.m. on November 11, Miller asked for an update on Bankman-Fried’s decision.“I am chatting with Sam,” responded Ken Ziman, a lawyer at the firm Paul Weiss who was representing Bankman-Fried.Ten minutes later, Ziman confirmed that Bankman-Fried had signed the document, authorising Ray to take over FTX. The company filed for bankruptcy a few hours later.Bankman-Fried was also frustrated. Despite giving up control of FTX, he continued contacting possible investors about new funding for the exchange. In a letter to former colleagues last week, he said he regretted filing for bankruptcy, claiming that “potential interest in billions of dollars of funding came in roughly eight minutes after I signed the Chapter 11 docs.”He presented no evidence for that claim, and in any case, FTX was no longer his company to run. On the morning of November 11, Miller moved quickly to make that clear, requesting the deletion of information about the firm’s old leadership from its website.“Who can go to FTX.com and FTX US and remove the pictures and bios of the people under ‘about,’” he asked in a group chat with other executives.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":620855024,"gmtCreate":1669686040369,"gmtModify":1676538223041,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/620855024","repostId":"2287251460","repostType":4,"repost":{"id":"2287251460","pubTimestamp":1669676011,"share":"https://ttm.financial/m/news/2287251460?lang=&edition=fundamental","pubTime":"2022-11-29 06:53","market":"us","language":"en","title":"Elon Musk Calls Out Apple and CEO Tim Cook","url":"https://stock-news.laohu8.com/highlight/detail?id=2287251460","media":"TheStreet","summary":"'It is in this context that Musk said on Nov. 28 that Apple  - Get Free Reporthad stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.\"Apple has mostly stopped advertising on Twitter,\" the billionaire wrote. \"Do they hate free speech in America?\" Musk asked.Apple didn't immediately respond to a request for comment.\"Apple has spent $40 million on Twitter advertising so far this year,\" which makes the tech giant \"one of Twitter’s top advertisers in 202","content":"<html><head></head><body><p>The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.</p><p>For several months now the question was when Musk would declare war with the iPhone maker and CEO Tim Cook. It is now done.</p><p>Since Musk took over the social network Twitter  (<b>TWTR</b>) - Get Free Report, he&#39;s been trying to find new sources of revenue.</p><p>Meantime, he&#39;s facing a boycott from many advertisers, including General Motors  (<b>GM</b>) - Get Free Report, General Mills  (<b>GIS</b>) - Get Free Report, Pfizer  (<b>PFE</b>) - Get Free Report, and Stellantis  (<b>STLA</b>) - Get Free Report. These companies have paused their ads as they await the details of Musk&#39;s content-management plans for Twitter.</p><p>They fear that the social network will become a &#34;hellscape,&#34; following assertions by Musk, who defines himself as a free-speech absolutist. This means he considers any message on the platform acceptable so long as it does not violate the law of the country in which it is posted.</p><h2>Free Speech vs. Brand Safety</h2><p>Top advertisers are also worried about brand safety and a lack of clarity regarding advertising leadership at Twitter after Musk fired most of the site&#39;s executives.</p><p>&#34;Freedom of speech is the bedrock of a strong democracy and must take precedence,&#34; the billionaire argued on Nov. 25.</p><p>In the name of free speech, Musk has reactivated former President Donald Trump&#39;s account and accounts known for anti-transgender posts like those of the conservative satirical site Babylon Bee and the Canadian conservative psychologist Jordan Peterson.</p><p>Musk also announced a general amnesty for all banned accounts, after having organized a related survey on the platform.</p><p>&#34;The people have spoken,&#34; he wrote on Nov. 24. &#34;Amnesty begins next week. Vox Populi, Vox Dei.&#34;</p><h2>&#39;What&#39;s Going On?&#39;</h2><p>It is in this context that Musk said on Nov. 28 that Apple  (<b>AAPL</b>) - Get Free Report had stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.</p><p>&#34;Apple has mostly stopped advertising on Twitter,&#34; the billionaire wrote. &#34;Do they hate free speech in America?&#34;</p><p>A few minutes later he tweeted to Cook directly.</p><p>&#34;What’s going on here @tim_cook?&#34; Musk asked.</p><p>Apple didn&#39;t immediately respond to a request for comment.</p><p>&#34;Apple has spent $40 million on Twitter advertising so far this year,&#34; which makes the tech giant &#34;one of Twitter’s top advertisers in 2022, according to Mediaradar.</p><p>“Apple has been a major advertiser on Twitter and, even before Elon’s statement today, we’ve seen spend taper in recent months given continued controversy,” said Todd Krizelman, CEO of MediaRadar, the New York provider of advertising intelligence.</p><p>He added that Apple’s ad investment in Twitter represents most of its social ad spend overall. To date, 84% of Apple&#39;s total social-media spend has gone to Twitter.</p><p>Ad revenue made up more than 91% of Twitter&#39;s revenue in the second quarter, with the rest coming from subscriptions. Musk is trying to rebalance things, but the billionaire is aware that he needs advertisers. At the beginning of November he had threatened them that he was going to publicly shame them.</p><p>By first attacking Apple, the largest company in the world based on market value, the Techno King seems to want to send a message to other advertisers that he was not kidding.</p><p>Besides advertising, Musk and Apple are also in conflict over their approach to acceptable content.</p><p>As app distributors, Apple via the Apple Store and Alphabet&#39;s  (<b>GOOGL</b>) - Get Free Report Google via Google Play have strict policies regarding hateful speech.</p><p>&#34;When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,&#34; the iPhone maker says in the Apple Store guidelines. &#34;If you’re looking to shock and offend people, the App Store isn’t the right place for your app.&#34;</p><p>Phil Schiller, who is responsible for leading the App Store and Apple Events, left Twitter after Musk said he was reactivating Trump&#39;s account. Schiller didn&#39;t give an explanation for his decision to deactivate his account, but it&#39;s curious that it happened right after Musk&#39;s announcement.</p><p>Musk has threatened to make a phone if Apple and Alphabet blocked Twitter.</p></body></html>","source":"thestreet_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>Elon Musk Calls Out Apple and CEO Tim Cook</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\">\nElon Musk Calls Out Apple and CEO Tim Cook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-29 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.For several months now the question was when Musk would declare war ...</p>\n\n<a href=\"https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4532":"文艺复兴科技持仓","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4515":"5G概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0823411888.USD":"法巴消费创新基金 Cap","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2063271972.USD":"富兰克林创新领域基金","BK4559":"巴菲特持仓","BK4527":"明星科技股","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4574":"无人驾驶","AAPL":"苹果","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4573":"虚拟现实","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4581":"高盛持仓","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4099":"汽车制造商","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4511":"特斯拉概念","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD"},"source_url":"https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287251460","content_text":"The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.For several months now the question was when Musk would declare war with the iPhone maker and CEO Tim Cook. It is now done.Since Musk took over the social network Twitter  (TWTR) - Get Free Report, he's been trying to find new sources of revenue.Meantime, he's facing a boycott from many advertisers, including General Motors  (GM) - Get Free Report, General Mills  (GIS) - Get Free Report, Pfizer  (PFE) - Get Free Report, and Stellantis  (STLA) - Get Free Report. These companies have paused their ads as they await the details of Musk's content-management plans for Twitter.They fear that the social network will become a \"hellscape,\" following assertions by Musk, who defines himself as a free-speech absolutist. This means he considers any message on the platform acceptable so long as it does not violate the law of the country in which it is posted.Free Speech vs. Brand SafetyTop advertisers are also worried about brand safety and a lack of clarity regarding advertising leadership at Twitter after Musk fired most of the site's executives.\"Freedom of speech is the bedrock of a strong democracy and must take precedence,\" the billionaire argued on Nov. 25.In the name of free speech, Musk has reactivated former President Donald Trump's account and accounts known for anti-transgender posts like those of the conservative satirical site Babylon Bee and the Canadian conservative psychologist Jordan Peterson.Musk also announced a general amnesty for all banned accounts, after having organized a related survey on the platform.\"The people have spoken,\" he wrote on Nov. 24. \"Amnesty begins next week. Vox Populi, Vox Dei.\"'What's Going On?'It is in this context that Musk said on Nov. 28 that Apple  (AAPL) - Get Free Report had stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.\"Apple has mostly stopped advertising on Twitter,\" the billionaire wrote. \"Do they hate free speech in America?\"A few minutes later he tweeted to Cook directly.\"What’s going on here @tim_cook?\" Musk asked.Apple didn't immediately respond to a request for comment.\"Apple has spent $40 million on Twitter advertising so far this year,\" which makes the tech giant \"one of Twitter’s top advertisers in 2022, according to Mediaradar.“Apple has been a major advertiser on Twitter and, even before Elon’s statement today, we’ve seen spend taper in recent months given continued controversy,” said Todd Krizelman, CEO of MediaRadar, the New York provider of advertising intelligence.He added that Apple’s ad investment in Twitter represents most of its social ad spend overall. To date, 84% of Apple's total social-media spend has gone to Twitter.Ad revenue made up more than 91% of Twitter's revenue in the second quarter, with the rest coming from subscriptions. Musk is trying to rebalance things, but the billionaire is aware that he needs advertisers. At the beginning of November he had threatened them that he was going to publicly shame them.By first attacking Apple, the largest company in the world based on market value, the Techno King seems to want to send a message to other advertisers that he was not kidding.Besides advertising, Musk and Apple are also in conflict over their approach to acceptable content.As app distributors, Apple via the Apple Store and Alphabet's  (GOOGL) - Get Free Report Google via Google Play have strict policies regarding hateful speech.\"When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,\" the iPhone maker says in the Apple Store guidelines. \"If you’re looking to shock and offend people, the App Store isn’t the right place for your app.\"Phil Schiller, who is responsible for leading the App Store and Apple Events, left Twitter after Musk said he was reactivating Trump's account. Schiller didn't give an explanation for his decision to deactivate his account, but it's curious that it happened right after Musk's announcement.Musk has threatened to make a phone if Apple and Alphabet blocked Twitter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":620805442,"gmtCreate":1669623278587,"gmtModify":1676538214957,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/620805442","repostId":"2286568077","repostType":4,"repost":{"id":"2286568077","pubTimestamp":1669622739,"share":"https://ttm.financial/m/news/2286568077?lang=&edition=fundamental","pubTime":"2022-11-28 16:05","market":"us","language":"en","title":"Amazon Is Shuttering Some India Businesses Amid Global Cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=2286568077","media":"Bloomberg","summary":"(Bloomberg) -- Amazon.com Inc. will wind down parts of its Indian operations, showing that even the ","content":"<html><head></head><body><p>(Bloomberg) -- <a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc.</a> will wind down parts of its Indian operations, showing that even the crucial growth market with 1.4 billion consumers isn’t immune to Chief Executive Officer Andy Jassy’s cost-reduction campaign.</p><p>The company said it is exiting meal deliveries as well as a service providing bulk doorstep deliveries of packaged consumer goods to small businesses. The exits will involve layoffs of just several hundred out of a workforce of thousands, leaving Amazon relying on its core offerings such as online retail in the country, according to a person familiar with the matter.</p><p>Jassy is reducing expenses and jobs around the world amid slowing growth in several areas of Amazon’s business. In India, the pullback underscores Amazon’s struggles in one of the world’s fastest growing e-commerce markets, where it’s facing regulatory heat and competition from homegrown conglomerates Reliance Industries Ltd. and Tata Group as well as Walmart Inc.’s Flipkart. After plowing billions of dollars in everything from grocery delivery to payments in India during the past decade, the company has failed to achieve the sort of dominance it enjoys in markets such as the US.</p><p>Several projects in beta testing are also likely to be shelved, said the person, who asked not to be named discussing internal deliberations. Amazon has announced that its Amazon Academy learning platform, which offers online test prep resources for students competing to enter India’s medical and engineering schools, will shut down in the coming months.</p><p>Job losses in the country are likely to be in the low hundreds, the person said, or just a fraction of Amazon’s India e-commerce workforce of over 10,000. Overall, Amazon employs more than 100,000 people full time in the country for its worldwide operations.</p><p>The company has attracted the wrath of a labor union assembling tech workers for making what it calls “voluntary separation” offers and giving employees limited time -- only until Dec. 6 -- to decide. Amazon itself doesn’t have a labor union.</p><p>Globally, Amazon plans to cut about 10,000 jobs, its largest ever headcount reduction, people familiar with the matter have said. It has projected the smallest revenue increase ever for its holiday quarter, and Jassy had put in place a hiring freeze on some corporate roles and shut down several experimental and smaller programs.</p><p>Amazon launched Amazon Food, the meal delivery service it’s now shuttering, in India in 2020. It offers food from restaurants and other providers serving everything from paratha stuffed bread to McDonald’s burgers and fries. Amazon’s business-customer unit will continue to provide small retailers and bulk buyers with goods such as groceries and medical supplies but will no longer offer door delivery of packaged consumer goods.</p><p>“We are discontinuing these programs in a phased manner to take care of current customers and partners,” the company said in an emailed statement. “We remain committed to India and will continue to invest across those areas where we can bring value to our customers.”</p><p>During the past decade, Amazon has added millions of sellers on its platform in India and expanded in segments like groceries and digital payments, while selling fashion, beauty products and flight tickets. The company said groceries, consumer electronics, fashion and business-to-business offerings will be among its focus areas in India.</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>Amazon Is Shuttering Some India Businesses Amid Global Cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Is Shuttering Some India Businesses Amid Global Cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-28 16:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-28/amazon-is-shuttering-some-india-businesses-amid-global-cuts><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Amazon.com Inc. will wind down parts of its Indian operations, showing that even the crucial growth market with 1.4 billion consumers isn’t immune to Chief Executive Officer Andy Jassy’...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-28/amazon-is-shuttering-some-india-businesses-amid-global-cuts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-28/amazon-is-shuttering-some-india-businesses-amid-global-cuts","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286568077","content_text":"(Bloomberg) -- Amazon.com Inc. will wind down parts of its Indian operations, showing that even the crucial growth market with 1.4 billion consumers isn’t immune to Chief Executive Officer Andy Jassy’s cost-reduction campaign.The company said it is exiting meal deliveries as well as a service providing bulk doorstep deliveries of packaged consumer goods to small businesses. The exits will involve layoffs of just several hundred out of a workforce of thousands, leaving Amazon relying on its core offerings such as online retail in the country, according to a person familiar with the matter.Jassy is reducing expenses and jobs around the world amid slowing growth in several areas of Amazon’s business. In India, the pullback underscores Amazon’s struggles in one of the world’s fastest growing e-commerce markets, where it’s facing regulatory heat and competition from homegrown conglomerates Reliance Industries Ltd. and Tata Group as well as Walmart Inc.’s Flipkart. After plowing billions of dollars in everything from grocery delivery to payments in India during the past decade, the company has failed to achieve the sort of dominance it enjoys in markets such as the US.Several projects in beta testing are also likely to be shelved, said the person, who asked not to be named discussing internal deliberations. Amazon has announced that its Amazon Academy learning platform, which offers online test prep resources for students competing to enter India’s medical and engineering schools, will shut down in the coming months.Job losses in the country are likely to be in the low hundreds, the person said, or just a fraction of Amazon’s India e-commerce workforce of over 10,000. Overall, Amazon employs more than 100,000 people full time in the country for its worldwide operations.The company has attracted the wrath of a labor union assembling tech workers for making what it calls “voluntary separation” offers and giving employees limited time -- only until Dec. 6 -- to decide. Amazon itself doesn’t have a labor union.Globally, Amazon plans to cut about 10,000 jobs, its largest ever headcount reduction, people familiar with the matter have said. It has projected the smallest revenue increase ever for its holiday quarter, and Jassy had put in place a hiring freeze on some corporate roles and shut down several experimental and smaller programs.Amazon launched Amazon Food, the meal delivery service it’s now shuttering, in India in 2020. It offers food from restaurants and other providers serving everything from paratha stuffed bread to McDonald’s burgers and fries. Amazon’s business-customer unit will continue to provide small retailers and bulk buyers with goods such as groceries and medical supplies but will no longer offer door delivery of packaged consumer goods.“We are discontinuing these programs in a phased manner to take care of current customers and partners,” the company said in an emailed statement. “We remain committed to India and will continue to invest across those areas where we can bring value to our customers.”During the past decade, Amazon has added millions of sellers on its platform in India and expanded in segments like groceries and digital payments, while selling fashion, beauty products and flight tickets. The company said groceries, consumer electronics, fashion and business-to-business offerings will be among its focus areas in India.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":620113235,"gmtCreate":1669513513529,"gmtModify":1676538203018,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/620113235","repostId":"1170146184","repostType":4,"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":620100609,"gmtCreate":1669426839803,"gmtModify":1676538195649,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/620100609","repostId":"2286839697","repostType":4,"repost":{"id":"2286839697","pubTimestamp":1669424518,"share":"https://ttm.financial/m/news/2286839697?lang=&edition=fundamental","pubTime":"2022-11-26 09:01","market":"other","language":"en","title":"3 Cryptos to Buy in a Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2286839697","media":"Motley Fool","summary":"The crypto winter just got a whole lot colder, but these top cryptos could be heating up.","content":"<html><head></head><body><p>The implosion of FTX, a previously trusted exchange that had a high profile with even casual investors, thanks to its extensive marketing, gave a black eye to a space that has already taken its lumps this year.</p><p>However, while many investors have sold their cryptocurrencies during the current crypto winter, for every seller there is a buyer, and some of them are long-term investors who have conviction in the crypto&#39;s potential. Chaos can provide good buying opportunities. Here are three cryptos for risk-tolerant investors to consider buying during the current bear market.</p><h2><b>1. Ethereum</b></h2><p><b>Ethereum</b> has rallied 26% since its June low, but has sold off following the FTX bankruptcy filing. However, this could be a case of the baby being thrown out with the bathwater as Ethereum is a decentralized, established cryptocurrency that has little to do with FTX. No single entity controls Ethereum, and over 70 million users worldwide help to validate transactions and secure the Ethereum network, putting it in stark contrast with cryptocurrencies like <b>FTX Token</b> and many of the other newer cryptocurrencies issued by exchanges and other centralized entities.</p><p>This year, Ethereum users welcomed its long-awaited transition to proof-of-stake consensus, known as The Merge, which drastically reduced Ethereum&#39;s carbon footprint, paved the way for sharding (which will eventually lead to faster transactions and lower fees when implemented in the next upgrade), and opened up the ability for more Ethereum users to earn rewards for participating in the network by staking their holdings to validate transactions and secure the network.</p><p>The ability to easily earn staking rewards also increases Ethereum&#39;s appeal as an investment. A user needs to stake a minimum of 32 Ether to run their own validator, but there are plenty of services that stake your Ethereum for you, allowing you to earn returns competitive with the payouts you can earn from popular dividend stocks as well as 10-year Treasury notes.</p><p>The $180 billion cryptocurrency is by far the largest smart-contract platform, making it the de facto gateway for larger institutional investors that want to get involved in the world of decentralized finance (DeFi). <b>JPMorgan Chase</b> recently tested the waters of decentralized finance with its first ever DeFi trade. The trade was executed on the <b>Polygon</b> blockchain, which is a Layer 2 network on Ethereum. Major decentralized exchanges like <b>Uniswap</b>, <b>dYdX</b>, and others are built on Ethereum. As additional traditional financial heavyweights get involved in decentralized finance, Ethereum will be their first stop.</p><p>With new capabilities after The Merge such as the ability to earn rewards for staking, and its position at the gateway to the world of DeFi, Ethereum looks like a top cryptocurrency to buy during the bear market.</p><h2><b>2. Bitcoin </b></h2><p>Like Ethereum, <b>Bitcoin</b> is a decentralized cryptocurrency that stands out in the crowd. The original crypto is also the original decentralized asset. There is no leader or central authority that controls the Bitcoin network -- meaning there&#39;s no one entity that can make a poor decision or act in a manner that destroys the value of Bitcoin. A network of miners all over the world secure the Bitcoin network by solving complex mathematical equations to validate transactions and earn more Bitcoin. Bitcoin is also transparent in that all transactions appear on its blockchain, which is publicly viewable.</p><p>Bitcoin is the oldest and largest cryptocurrency, and will benefit as the gateway to cryptocurrency as more institutional investors and corporations test the waters of cryptocurrency. While the FTX saga has certainly set crypto adoption back a few steps, overall, the tide is turning toward Bitcoin and cryptocurrency as a whole.</p><p>On Oct. 11, <b>Bank of New York Mellon</b>, the world&#39;s largest custodial bank, announced that it would offer custody for cryptocurrencies. <b>Alphabet </b>recently announced it would utilize <b>Coinbase</b> to accept payments using Bitcoin for its Google Cloud services, and <b>Mastercard</b> announced it would offer its services to enable traditional banks to offer cryptocurrency trading.</p><p>As the world moves further toward crypto adoption, Bitcoin is best suited to lead cryptocurrency forward.</p><h2><b>3. Litecoin</b></h2><p><b>Litecoin</b> is one major crypto that has been able to avoid being pulled down in the current sell-off, and the proof-of-work crypto is surprisingly up 16% over the past month. The $4 billion crypto, which started as a fork of Bitcoin in 2011, is experiencing a bit of a resurgence, with a rally of 53% since the low it hit in June.</p><p>Litecoin is surging as the network&#39;s hash rate hits new all-time highs, indicating increasing interest in Litecoin and more competition to earn Litecoin by mining. Litecoin also benefited from news that it will join Bitcoin and Ethereum as digital assets that will be available on <b>Moneygram International</b>&#39;s payment platform. Like Bitcoin and Ethereum, Litecoin is one of the cryptocurrencies that Google Cloud will accept for payment, giving the 16th-largest crypto by market cap enhanced credibility. Perhaps a renewed interest in decentralized, proof-of-work assets plus growing adoption will continue to propel Litecoin higher.</p><p>The current crypto winter has been difficult for investors, but this bear market is also an opportune time for long-term, risk-tolerant investors to accumulate more tokens at lower prices before market sentiment again turns positive.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Cryptos to Buy in a Bear 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 Cryptos to Buy in a Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-26 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/25/3-cryptos-to-buy-in-a-bear-market/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The implosion of FTX, a previously trusted exchange that had a high profile with even casual investors, thanks to its extensive marketing, gave a black eye to a space that has already taken its lumps ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/25/3-cryptos-to-buy-in-a-bear-market/\">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.fool.com/investing/2022/11/25/3-cryptos-to-buy-in-a-bear-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286839697","content_text":"The implosion of FTX, a previously trusted exchange that had a high profile with even casual investors, thanks to its extensive marketing, gave a black eye to a space that has already taken its lumps this year.However, while many investors have sold their cryptocurrencies during the current crypto winter, for every seller there is a buyer, and some of them are long-term investors who have conviction in the crypto's potential. Chaos can provide good buying opportunities. Here are three cryptos for risk-tolerant investors to consider buying during the current bear market.1. EthereumEthereum has rallied 26% since its June low, but has sold off following the FTX bankruptcy filing. However, this could be a case of the baby being thrown out with the bathwater as Ethereum is a decentralized, established cryptocurrency that has little to do with FTX. No single entity controls Ethereum, and over 70 million users worldwide help to validate transactions and secure the Ethereum network, putting it in stark contrast with cryptocurrencies like FTX Token and many of the other newer cryptocurrencies issued by exchanges and other centralized entities.This year, Ethereum users welcomed its long-awaited transition to proof-of-stake consensus, known as The Merge, which drastically reduced Ethereum's carbon footprint, paved the way for sharding (which will eventually lead to faster transactions and lower fees when implemented in the next upgrade), and opened up the ability for more Ethereum users to earn rewards for participating in the network by staking their holdings to validate transactions and secure the network.The ability to easily earn staking rewards also increases Ethereum's appeal as an investment. A user needs to stake a minimum of 32 Ether to run their own validator, but there are plenty of services that stake your Ethereum for you, allowing you to earn returns competitive with the payouts you can earn from popular dividend stocks as well as 10-year Treasury notes.The $180 billion cryptocurrency is by far the largest smart-contract platform, making it the de facto gateway for larger institutional investors that want to get involved in the world of decentralized finance (DeFi). JPMorgan Chase recently tested the waters of decentralized finance with its first ever DeFi trade. The trade was executed on the Polygon blockchain, which is a Layer 2 network on Ethereum. Major decentralized exchanges like Uniswap, dYdX, and others are built on Ethereum. As additional traditional financial heavyweights get involved in decentralized finance, Ethereum will be their first stop.With new capabilities after The Merge such as the ability to earn rewards for staking, and its position at the gateway to the world of DeFi, Ethereum looks like a top cryptocurrency to buy during the bear market.2. Bitcoin Like Ethereum, Bitcoin is a decentralized cryptocurrency that stands out in the crowd. The original crypto is also the original decentralized asset. There is no leader or central authority that controls the Bitcoin network -- meaning there's no one entity that can make a poor decision or act in a manner that destroys the value of Bitcoin. A network of miners all over the world secure the Bitcoin network by solving complex mathematical equations to validate transactions and earn more Bitcoin. Bitcoin is also transparent in that all transactions appear on its blockchain, which is publicly viewable.Bitcoin is the oldest and largest cryptocurrency, and will benefit as the gateway to cryptocurrency as more institutional investors and corporations test the waters of cryptocurrency. While the FTX saga has certainly set crypto adoption back a few steps, overall, the tide is turning toward Bitcoin and cryptocurrency as a whole.On Oct. 11, Bank of New York Mellon, the world's largest custodial bank, announced that it would offer custody for cryptocurrencies. Alphabet recently announced it would utilize Coinbase to accept payments using Bitcoin for its Google Cloud services, and Mastercard announced it would offer its services to enable traditional banks to offer cryptocurrency trading.As the world moves further toward crypto adoption, Bitcoin is best suited to lead cryptocurrency forward.3. LitecoinLitecoin is one major crypto that has been able to avoid being pulled down in the current sell-off, and the proof-of-work crypto is surprisingly up 16% over the past month. The $4 billion crypto, which started as a fork of Bitcoin in 2011, is experiencing a bit of a resurgence, with a rally of 53% since the low it hit in June.Litecoin is surging as the network's hash rate hits new all-time highs, indicating increasing interest in Litecoin and more competition to earn Litecoin by mining. Litecoin also benefited from news that it will join Bitcoin and Ethereum as digital assets that will be available on Moneygram International's payment platform. Like Bitcoin and Ethereum, Litecoin is one of the cryptocurrencies that Google Cloud will accept for payment, giving the 16th-largest crypto by market cap enhanced credibility. Perhaps a renewed interest in decentralized, proof-of-work assets plus growing adoption will continue to propel Litecoin higher.The current crypto winter has been difficult for investors, but this bear market is also an opportune time for long-term, risk-tolerant investors to accumulate more tokens at lower prices before market sentiment again turns positive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":620300766,"gmtCreate":1669344082559,"gmtModify":1676538186366,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/620300766","repostId":"1123188420","repostType":4,"repost":{"id":"1123188420","pubTimestamp":1669347495,"share":"https://ttm.financial/m/news/1123188420?lang=&edition=fundamental","pubTime":"2022-11-25 11:38","market":"us","language":"en","title":"World Cup Mania Is Here: 2 Stocks That Are Poised to Gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1123188420","media":"TipRanks","summary":"The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tourn","content":"<div>\n<p>The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tournament’s controversial location, the soccer (or as it is known by the rest of the world, football) ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>World Cup Mania Is Here: 2 Stocks That Are Poised to Gain</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\">\nWorld Cup Mania Is Here: 2 Stocks That Are Poised to Gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-25 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tournament’s controversial location, the soccer (or as it is known by the rest of the world, football) ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EA":"艺电","FUBO":"fuboTV Inc."},"source_url":"https://www.tipranks.com/news/article/world-cup-mania-is-here-2-stocks-that-are-poised-to-gain","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123188420","content_text":"The World Cup – the biggest global sporting event – kicked off on Sunday in Qatar. Despite the tournament’s controversial location, the soccer (or as it is known by the rest of the world, football) extravaganza is expected to draw an audience of billions who will tune in to watch icons such as Lionel Messi, Christiano Ronaldo and Kylian Mbappe attempt to get their hands on the Jules Rimet trophy and write their names and their countries’ fellow representatives into history.Just for context, the previous 2018 World Cup saw an audience of over 3.6 billion people watch matches, with the final drawing 1.12 billion viewers – that’s more than 5x above the viewing figures for the 2022 Super Bowl.Such a global happening is bound to have commercial implications and could be advantageous to certain categories. To which ones exactly? Streaming platforms, online betting, soccer video games, digital advertising and sporting goods/apparel, all come readily to mind as segments which could benefit.With this in mind, we delved into the TipRanks database and pulled up two names which could get a boost from this global sporting festival. Let’s kick off.Electronic Arts (EA)Attempting to emulate the skills of global sports gods is a favorite pastime for gamers and the first stock will look at is an expert at providing such thrills. Electronic Arts is one of the video gaming space’s titans and a home computer gaming trailblazer.Specifically relating to the World Cup, its EA Sports titles include the FIFA soccer game in addition to titles such as NBA Live, Madden NFL, and NHL. The portfolio, however, extends beyond just sports titles, and includes some of gaming’s most well-known brands like Apex Legends, Battlefield, Need for Speed, and Plants vs. Zombies, amongst others.After benefiting immensely from the work-from-home trend during the pandemic, the reopening and then the economic downturn have been headwinds for the gaming industry as sales have cooled down in 2022.As such, EA’s latest quarterly report, for the second fiscal quarter (September quarter) was a mixed affair. Net bookings fell by 5.4% year-over-year to $1.75 billion, missing the Street’s forecast by $30 million, while the company also lowered its FY 2023 net bookings outlook from the range between $7.90 billion to $8.10 billion to the range between $7.65 billion and $7.85 billion. The Street’s forecast stood at $7.97 billion.However, the company beat expectations on the bottom-line with EPS of $1.07 coming in ahead of the $1.00 consensus estimate. Moreover, the company raised its FY 2023 EPS forecast to around $3.11-$3.34 from the prior guidance of $2.79-$2.87.Wedbush analyst Michael Pachter makes note of the strong performance in the current quarter from the game which stands to benefit the most from the World Cup.“FIFA is off to a record start so far this quarter, and the company announced several initiatives to drive Ultimate Team engagement as the tournament progresses over the remainder of the quarter,” the analyst said. “We’re confident in EA’s ability to grow the franchise in a World Cup year, and especially confident in its ability to grow this quarter, which is historically strong on its own… We continue to believe that the video game industry is undervalued, having historically traded at a significant premium to the market multiple.”To this end, Pachter rates EA shares an Outperform (i.e. Buy) while his $164 price target makes room for 12-month gains of 25%.Looking at the consensus breakdown, based on 9 Buy ratings vs. 4 Holds, EA receives a Moderate Buy consensus rating.fuboTV (FUBO)Let’s now look at a stock that stands to benefit in a different way from the World Cup. FuboTV is a streaming platform, and one that is mainly focused on sports.In fact, upon its launch in 2015, the streaming service was focused solely on soccer, but in 2017 changed tack to become an all-sports service and later, targeting the cord-cutting trend morphed into a virtual multichannel video programming distributor (vMVPD) model offering also non-sports programs. That said, sports remain the main focal point and depending on region (the service is available in the U.S., Canada and Spain), subscribers can watch EPL, NBA, MLB, NFL, NHL, MLS, CPL games as well as international football.Those subscribers have been growing with each quarter as was the case again in Q3. North American subscribers rose by 31% year-over-year to a record 1,231,000, while international subs reached 358,000. All this helped the company generate revenue of $225 million, above the $213 million expected on Wall Street.Ongoing growth aside, the problem for FUBO has been one of profitability – or lack thereof – a situation the company hopes to fix by 2025. While the continued losses, along with other issues such as rising competition and the effects of inflation are worries for Wedbush’s Michael Pachter, the analyst believes the fact FUBO raised its revenue and subscriber outlook when it released the Q3 metrics is indicative of how the company can make headway on account of the games.“We think management’s confidence around Q4 results in due in part to increased political advertising, as well as the anticipated uptick in subscribers driven by the upcoming World Cup, which fuboTV will uniquely be broadcasting in 4K,” Pachter explained. “Given the upside and downside risk, we think the current share price affords a compelling entry point.”To this end, Pachter has an Outperform (i.e. Buy) rating for FUBO shares, backed by a $5 price target. There’s plenty of upsides – 80% to be exact – should the target be met over the next 12 months.Overall, with 3 Buy and Hold ratings, each, the stock claims a Moderate Buy consensus view.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":667453877,"gmtCreate":1669101014102,"gmtModify":1676538152420,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/667453877","repostId":"1149184971","repostType":4,"repost":{"id":"1149184971","pubTimestamp":1669096715,"share":"https://ttm.financial/m/news/1149184971?lang=&edition=fundamental","pubTime":"2022-11-22 13:58","market":"us","language":"en","title":"Tesla: Technical Typhoon, Twitter Trauma, And More","url":"https://stock-news.laohu8.com/highlight/detail?id=1149184971","media":"Seeking Alpha","summary":"SummaryTesla's stock has been a significant underperformer of late and is about to confirm the breakdown of a bearish H&S pattern. What's next?This breakdown could attract tons of short-sellers, and a reverse gamma squeeze could be on. Technically, the bears are in control of Tesla's stock, and we could see a lot more downside from here over the coming months.In this note, we will discuss some of these factors in greater detail and try to determine if Tesla's relatively underperforming stock is ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla&#39;s stock has been a significant underperformer of late and is about to confirm the breakdown of a bearish H&amp;S pattern. What&#39;s next?</li><li>In this note, we shall discuss some of the factors driving Tesla&#39;s stock right now. Furthermore, I will share my valuation for Tesla, along with an investment strategy.</li><li>I rate Tesla a buy at $180 for long-term investors, but there&#39;s a catch. Read on to learn more.</li></ul><p><b>Introduction</b></p><p>Tesla (NASDAQ: TSLA) is a high-beta stock; however, its recent underperformance relative to the market is raising eyebrows across the investing world. Despite Tesla&#39;s exceptionally strong performance in Q3, its stock has continued to go lower in an astounding fashion. And Tesla&#39;s stock completely sat out the recent rally in equity markets.</p><p><img src=\"https://static.tigerbbs.com/6fcfda89375e6118533bcdeb561fb442\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>In my view, a multitude of factors are driving Tesla&#39;s stock lower, and some of these factors are:</p><ul><li><b>Elon Musk&#39;s acquisition of Twitter:</b> Elon completed a $44B buyout for Twitter at the end of October, and he sold a lot of Tesla shares to complete this deal. Since going through with this acquisition, Musk has been spending a lot of time at Twitter, and hence, Tesla has a distracted CEO. Twitter&#39;s advertisers are fleeing the platform, and so are its employees. And Musk may need to sell more Tesla shares to finance Twitter&#39;s business. The Twitter overhang is clearly hurting Tesla.</li><li><b>Macroeconomic concerns:</b> In Tesla&#39;s Q3 report, China sales were weaker-than-expected, and demand concerns have been growing ever since. The Chinese economy is hurting right now, and a global recession seems inevitable. If a global recession were to materialize, Tesla could suffer demand issues, and these macro fears are probably keeping a lot of investors away from Tesla&#39;s stock (despite an aggressive valuation moderation in the stock).</li><li><b>Poor Technicals:</b> The technical chart structure for Tesla remains ominous, with the stock set to break down from the right shoulder of a bearish H&amp;S pattern formed over the last two years! This breakdown could attract tons of short-sellers, and a reverse gamma squeeze could be on. Technically, the bears are in control of Tesla&#39;s stock, and we could see a lot more downside from here over the coming months.</li></ul><p>In this note, we will discuss some of these factors in greater detail and try to determine if Tesla&#39;s relatively underperforming stock is offering long-term investors a good buying opportunity.</p><p><b>Tesla&#39;s Technicals Trouble</b></p><p>In my Q3 earnings analysis note for Tesla, I shared my thoughts on its precarious technical setup, and here&#39;s a quick recap of the same:</p><blockquote>As of writing, Tesla is trading at ~$240 and trying to form a base at this level after a rapid decline; however, the stock remains stuck in a falling wedge pattern. From a technical perspective, Tesla is looking nailed on to retest its 2022 lows of ~$209 (a level last seen in May), which is very close to my fair value estimate for the company.</blockquote><blockquote><b>If Tesla fails to hold onto the psychological support level of $200, we could see a swift ride down to the $175 to $150 range.</b>In the past,I have discussedthe idea of a reverse gamma squeeze in Tesla, and such a move could come to fruition in the event of a deep economic recession hurting consumer demand for Tesla&#39;s products amid rising competition in the EV market (yes, competition is coming in the form of traditional automakers and other EV startups).</blockquote><blockquote>On the flip side, if Tesla can break out of the falling wedge pattern, we could see a run up to new all-time highs ($400+) in 2023. While it is hard to see such a move in the foreseeable future due to the rising probability of a recession, the market is unpredictable, and Tesla is one of the strongest earnings growth stories in the market.</blockquote><blockquote>If I were to make a directional bet, it would be to the downside&#34;</blockquote><blockquote>Source:Tesla Tumbles As Musk Fumbles, But There&#39;s A Silver Lining</blockquote><blockquote>While it&#39;s only been a couple of weeks since this research work was published, Tesla has already tested the $209 level twice and is currently trading below this level. With Elon Musk likely to sell more shares on Friday or early next week (to raise remaining funds for his $44B Twitter buyout), I could see a big test of the $200 psychological support in the coming days.</blockquote><blockquote>On Tesla&#39;s chart, we are now looking at the potential breakdown of a bearish &#34;Head and Shoulders&#34; pattern, which could mean a quick ride down to the mid-100s (even low-100s is possible). The prospect of areverse gamma squeezein Tesla is real, and despite my switch to a bullish stance for Tesla&#39;s stock after considerable valuation moderation, I urge investors to proceed with caution. For anyone looking to buy Tesla for the long term, I see slow accumulation as the right strategy. However, if you are looking for a short-term buy, just skip Tesla for good.</blockquote><p>Source: Tesla Q3: Mixed Quarter, Musk Pumps, Mr. Market Dumps</p><p>Now, let us see how Tesla&#39;s chart has evolved in the past month and try to figure out where the stock may be headed in the near to medium term:</p><p>As seen in the chart below, a breakdown of the $209 level (May low) and the $200 psychological support level sent Tesla&#39;s stock into a tailspin to hit a new low at ~$177 in mid-October. Since then, we have seen a sharp bounce in equity markets; however, Tesla&#39;s stock didn&#39;t participate as much in the rally and has come back down to these recent lows during a (small) broad market pullback last week. Tesla&#39;s stock is looking quite weak, and this relative underperformance doesn&#39;t bode well for the stock.</p><p><img src=\"https://static.tigerbbs.com/19976509af0107f3a97fdae38d0e8369\" tg-width=\"640\" tg-height=\"564\" referrerpolicy=\"no-referrer\"/></p><p>Tesla has one of the worst technical charts in the equity market right now, with a confirmed breakdown of the bearish head and shoulders (H&amp;S) pattern pointing to even more downside from here. The next big support is located on the lower trendline of the falling wedge pattern Tesla has been trading in for months, and that level is ~$140. If a reverse gamma squeeze were to materialize, I think even the low $100s are on the table for Tesla. With this precarious technical setup, buying Tesla as a near-term trade (&lt;12 months) is simply out of the question. And any long-term investor buying here should be prepared for high volatility in this counter. After nearly two years of rating Tesla &#34;Neutral&#34;, I am finally a buyer here due to improving fundamentals and attractive valuation.</p><p><b>Tesla&#39;s Fundamental Story Is Getting Stronger</b></p><p>While Musk&#39;s acquisition of Twitter and the time he is spending there have become a big distraction for Tesla&#39;s stock, I believe that great businesses can be run by monkeys, and Tesla is a great business. Now, I am not saying that a monkey would run Tesla better than Elon; all I am saying is that Tesla&#39;s executive leadership has ample talent to run day-to-day operations in the absence of Elon Musk. Even before the Twitter CEO gig came along, Musk had been running the show at SpaceX, Neuralink, and The Boring Company - and while I don&#39;t know what amount of time he previously spent and spends now at Tesla, I think it is fair to assume that Tesla can operate without Musk&#39;s presence. In a recent court hearing, Elon Musk said that he doesn&#39;t want to be a CEO and that he has identified someone to be Tesla&#39;s CEO in the future. More importantly, Elon mentioned that he would be hiring a CEO for Twitter once the platform has been stabilized. In my opinion, Twitter has been a disaster for Musk, and he will refocus himself on Tesla in the near future.</p><p>Over the last few years, Tesla has been scaling up rapidly whilst improving operational efficiency, and it is now a free cash flow generating machine. With a net cash position of ~$20B, Tesla finds itself in a very strong financial position, which is getting stronger with each passing quarter.</p><p><img src=\"https://static.tigerbbs.com/df32f56b8e92f6abc8ba1ac759fc134e\" tg-width=\"635\" tg-height=\"540\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>Tesla&#39;s future looks even brighter. According to consensus analyst estimates, Tesla is set to grow revenues at a CAGR of 28% over the next five years. And earnings growth is projected to outpace revenues, as can be seen below.</p><p><img src=\"https://static.tigerbbs.com/2c8fca056842275c30f2231e7a8b1b07\" tg-width=\"640\" tg-height=\"260\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><img src=\"https://static.tigerbbs.com/d74479d8f211ac5474226b9d6dc88b2a\" tg-width=\"640\" tg-height=\"262\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>On 1st Dec 2022, Tesla will deliver the first &#34;Tesla Semi&#34; truck to PepsiCo (PEP), and the company now expects to produce 100 Tesla Semi trucks in 2022. The planned scale-up for Tesla Semi trucks aims for 50K units per year by 2024. Another big product set to roll out for Tesla is the Cybertruck, which is expected to go into production at Gigafactory Texas by mid-2023. However, Tesla is looking to deliver 30 (manually-made) Cybertrucks next month. In my view, consensus analyst expectations are not fully pricing in these rollouts and ongoing scale-up in operations at Shanghai, Berlin, and Texas. I wouldn&#39;t be surprised if Tesla were to deliver ~$7-8 in EPS next year; however, to be conservative, I have pegged my EPS estimate for 2023 at $6.</p><p><b>The Valuation Is Enticing</b></p><p>With significant improvement in financial performance (robust revenue and earnings growth), Tesla is looking very attractive at ~30x forward P/E. While Tesla trades at a premium compared to traditional auto companies, the transformational shift to EVs is still in its early innings, and Tesla is set to lead this space for years to come. Despite being one of the fastest-growing businesses in the Nasdaq-100 (as measured by next year&#39;s revenue growth), Tesla is trading at a far lower earnings multiple than other companies with similar growth profiles.</p><p><img src=\"https://static.tigerbbs.com/d2c3e467d6465d1e21a9d9e493946b90\" tg-width=\"909\" tg-height=\"565\" referrerpolicy=\"no-referrer\"/></p><p>Twitter</p><p>From a historical perspective, Tesla was only cheaper (on a forward P/E basis) during the COVID-19 pandemic crash in 2020. The macroeconomic environment remains challenging, and Tesla&#39;s business may come under pressure next year; however, I think the secular trends powering Tesla will be in place for the next decade or two. Hence, I think any dip in financial performance from Tesla (in the event of a recession) will be temporary.</p><p>Here&#39;s what Tesla&#39;s fair value is looking like after its Q3 report:</p><p><img src=\"https://static.tigerbbs.com/1ccfaedb9cdf643e3163ac296edbceb8\" tg-width=\"640\" tg-height=\"555\" referrerpolicy=\"no-referrer\"/></p><p>TQI Valuation Model (TQIG.org)</p><p><img src=\"https://static.tigerbbs.com/64fafa93cdf642f70d86ca91316813d8\" tg-width=\"640\" tg-height=\"309\" referrerpolicy=\"no-referrer\"/></p><p>TQI Valuation Model (TQIG.org)</p><p>According to my analysis, Tesla&#39;s intrinsic value is ~$217 per share. This means Tesla is now under<i>valued by ~17%</i>. As we discussed in the past, Tesla is overshooting to the downside (and there could be more room to fall)!</p><p>Now let&#39;s look at expected CAGR returns for the next five years. Assuming a base case exit P/FCF multiple of 30x for Tesla, I see the stock hitting $546.78 per share by 2027.</p><p>As can be seen above, Tesla is projected to deliver CAGR returns of 24.88% for the next five years, which beats my required IRR of 20% for high-growth stocks. Hence, Tesla is a solid long-term buy at current levels.</p><p><b>Concluding Thoughts</b></p><p>Up until the last year or so, a simple &#34;<i>buy-and-hold</i>&#34; strategy worked wonders for long-term equity investors since the Great Financial Crisis. However, 2022 has been a difficult year as equity valuations have normalized (from lofty levels) due to monetary policy tightening by central banks across the globe. In the fight against inflation, I firmly believe that the FED will emerge victorious sooner or later. However, the amount of demand destruction the FED will need to cause in order to bring inflation back to the 2% target level is likely to be immense. The probability of a recession in 2023 is rising, and I don&#39;t think we can dismiss the idea that we may already be in an economic downturn.</p><p>In Q3, Tesla&#39;s delivery volumes fell short of expectations, and similar disappointments could continue to haunt the EV giant next year. The Chinese economy is in doldrums, and we have seen price cuts from Tesla in this market. While some fanboys have attributed these price cuts to greater scale in Gigafactory Shanghai, Tesla may very well be facing a demand issue in China. Considering the geopolitical and macroeconomic realities, I think Europe is going to experience a painful recession, and the US may not avoid one either. If we do end up going into a global recession, the demand for auto vehicles is likely to dip, i.e., Tesla could be facing a demand problem across all of its markets. From a fundamental perspective, Tesla is looking like a fantastic buy right now; however, the numbers may be about to shift negatively over the coming quarters due to macro factors.</p><p>Tesla&#39;s stock is behaving poorly (relative to the market), which could be a sign of things to come. A breakdown of the right shoulder of the H&amp;S pattern formed in Tesla is underway, and the stock could realistically fall down to the low to mid-100s level in the near term. For long-term investors looking to build a position in Tesla, I think slow accumulation via a 6-12 month dollar-cost averaging plan is the way to go. At TQI, we manage our risk proactively, and we are doing the same with Tesla. To guard against the ~45% downside risk (from $180 to $100), we have implemented an options-based hedging strategy (zero cost, upside limited to +25% in 7 months) to buy Tesla shares stress-free at current levels.</p><p><b>Key Takeaway:</b> I rate Tesla a long-term buy at $180 per share (strong preference for slow accumulation and/or proactive risk management).</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: Technical Typhoon, Twitter Trauma, 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\">\nTesla: Technical Typhoon, Twitter Trauma, And More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-22 13:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559439-tesla-stock-technical-typhoon-twitter-trauma-more><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla's stock has been a significant underperformer of late and is about to confirm the breakdown of a bearish H&S pattern. What's next?In this note, we shall discuss some of the factors ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559439-tesla-stock-technical-typhoon-twitter-trauma-more\">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://seekingalpha.com/article/4559439-tesla-stock-technical-typhoon-twitter-trauma-more","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149184971","content_text":"SummaryTesla's stock has been a significant underperformer of late and is about to confirm the breakdown of a bearish H&S pattern. What's next?In this note, we shall discuss some of the factors driving Tesla's stock right now. Furthermore, I will share my valuation for Tesla, along with an investment strategy.I rate Tesla a buy at $180 for long-term investors, but there's a catch. Read on to learn more.IntroductionTesla (NASDAQ: TSLA) is a high-beta stock; however, its recent underperformance relative to the market is raising eyebrows across the investing world. Despite Tesla's exceptionally strong performance in Q3, its stock has continued to go lower in an astounding fashion. And Tesla's stock completely sat out the recent rally in equity markets.Data by YChartsIn my view, a multitude of factors are driving Tesla's stock lower, and some of these factors are:Elon Musk's acquisition of Twitter: Elon completed a $44B buyout for Twitter at the end of October, and he sold a lot of Tesla shares to complete this deal. Since going through with this acquisition, Musk has been spending a lot of time at Twitter, and hence, Tesla has a distracted CEO. Twitter's advertisers are fleeing the platform, and so are its employees. And Musk may need to sell more Tesla shares to finance Twitter's business. The Twitter overhang is clearly hurting Tesla.Macroeconomic concerns: In Tesla's Q3 report, China sales were weaker-than-expected, and demand concerns have been growing ever since. The Chinese economy is hurting right now, and a global recession seems inevitable. If a global recession were to materialize, Tesla could suffer demand issues, and these macro fears are probably keeping a lot of investors away from Tesla's stock (despite an aggressive valuation moderation in the stock).Poor Technicals: The technical chart structure for Tesla remains ominous, with the stock set to break down from the right shoulder of a bearish H&S pattern formed over the last two years! This breakdown could attract tons of short-sellers, and a reverse gamma squeeze could be on. Technically, the bears are in control of Tesla's stock, and we could see a lot more downside from here over the coming months.In this note, we will discuss some of these factors in greater detail and try to determine if Tesla's relatively underperforming stock is offering long-term investors a good buying opportunity.Tesla's Technicals TroubleIn my Q3 earnings analysis note for Tesla, I shared my thoughts on its precarious technical setup, and here's a quick recap of the same:As of writing, Tesla is trading at ~$240 and trying to form a base at this level after a rapid decline; however, the stock remains stuck in a falling wedge pattern. From a technical perspective, Tesla is looking nailed on to retest its 2022 lows of ~$209 (a level last seen in May), which is very close to my fair value estimate for the company.If Tesla fails to hold onto the psychological support level of $200, we could see a swift ride down to the $175 to $150 range.In the past,I have discussedthe idea of a reverse gamma squeeze in Tesla, and such a move could come to fruition in the event of a deep economic recession hurting consumer demand for Tesla's products amid rising competition in the EV market (yes, competition is coming in the form of traditional automakers and other EV startups).On the flip side, if Tesla can break out of the falling wedge pattern, we could see a run up to new all-time highs ($400+) in 2023. While it is hard to see such a move in the foreseeable future due to the rising probability of a recession, the market is unpredictable, and Tesla is one of the strongest earnings growth stories in the market.If I were to make a directional bet, it would be to the downside\"Source:Tesla Tumbles As Musk Fumbles, But There's A Silver LiningWhile it's only been a couple of weeks since this research work was published, Tesla has already tested the $209 level twice and is currently trading below this level. With Elon Musk likely to sell more shares on Friday or early next week (to raise remaining funds for his $44B Twitter buyout), I could see a big test of the $200 psychological support in the coming days.On Tesla's chart, we are now looking at the potential breakdown of a bearish \"Head and Shoulders\" pattern, which could mean a quick ride down to the mid-100s (even low-100s is possible). The prospect of areverse gamma squeezein Tesla is real, and despite my switch to a bullish stance for Tesla's stock after considerable valuation moderation, I urge investors to proceed with caution. For anyone looking to buy Tesla for the long term, I see slow accumulation as the right strategy. However, if you are looking for a short-term buy, just skip Tesla for good.Source: Tesla Q3: Mixed Quarter, Musk Pumps, Mr. Market DumpsNow, let us see how Tesla's chart has evolved in the past month and try to figure out where the stock may be headed in the near to medium term:As seen in the chart below, a breakdown of the $209 level (May low) and the $200 psychological support level sent Tesla's stock into a tailspin to hit a new low at ~$177 in mid-October. Since then, we have seen a sharp bounce in equity markets; however, Tesla's stock didn't participate as much in the rally and has come back down to these recent lows during a (small) broad market pullback last week. Tesla's stock is looking quite weak, and this relative underperformance doesn't bode well for the stock.Tesla has one of the worst technical charts in the equity market right now, with a confirmed breakdown of the bearish head and shoulders (H&S) pattern pointing to even more downside from here. The next big support is located on the lower trendline of the falling wedge pattern Tesla has been trading in for months, and that level is ~$140. If a reverse gamma squeeze were to materialize, I think even the low $100s are on the table for Tesla. With this precarious technical setup, buying Tesla as a near-term trade (<12 months) is simply out of the question. And any long-term investor buying here should be prepared for high volatility in this counter. After nearly two years of rating Tesla \"Neutral\", I am finally a buyer here due to improving fundamentals and attractive valuation.Tesla's Fundamental Story Is Getting StrongerWhile Musk's acquisition of Twitter and the time he is spending there have become a big distraction for Tesla's stock, I believe that great businesses can be run by monkeys, and Tesla is a great business. Now, I am not saying that a monkey would run Tesla better than Elon; all I am saying is that Tesla's executive leadership has ample talent to run day-to-day operations in the absence of Elon Musk. Even before the Twitter CEO gig came along, Musk had been running the show at SpaceX, Neuralink, and The Boring Company - and while I don't know what amount of time he previously spent and spends now at Tesla, I think it is fair to assume that Tesla can operate without Musk's presence. In a recent court hearing, Elon Musk said that he doesn't want to be a CEO and that he has identified someone to be Tesla's CEO in the future. More importantly, Elon mentioned that he would be hiring a CEO for Twitter once the platform has been stabilized. In my opinion, Twitter has been a disaster for Musk, and he will refocus himself on Tesla in the near future.Over the last few years, Tesla has been scaling up rapidly whilst improving operational efficiency, and it is now a free cash flow generating machine. With a net cash position of ~$20B, Tesla finds itself in a very strong financial position, which is getting stronger with each passing quarter.Data by YChartsTesla's future looks even brighter. According to consensus analyst estimates, Tesla is set to grow revenues at a CAGR of 28% over the next five years. And earnings growth is projected to outpace revenues, as can be seen below.Seeking AlphaSeeking AlphaOn 1st Dec 2022, Tesla will deliver the first \"Tesla Semi\" truck to PepsiCo (PEP), and the company now expects to produce 100 Tesla Semi trucks in 2022. The planned scale-up for Tesla Semi trucks aims for 50K units per year by 2024. Another big product set to roll out for Tesla is the Cybertruck, which is expected to go into production at Gigafactory Texas by mid-2023. However, Tesla is looking to deliver 30 (manually-made) Cybertrucks next month. In my view, consensus analyst expectations are not fully pricing in these rollouts and ongoing scale-up in operations at Shanghai, Berlin, and Texas. I wouldn't be surprised if Tesla were to deliver ~$7-8 in EPS next year; however, to be conservative, I have pegged my EPS estimate for 2023 at $6.The Valuation Is EnticingWith significant improvement in financial performance (robust revenue and earnings growth), Tesla is looking very attractive at ~30x forward P/E. While Tesla trades at a premium compared to traditional auto companies, the transformational shift to EVs is still in its early innings, and Tesla is set to lead this space for years to come. Despite being one of the fastest-growing businesses in the Nasdaq-100 (as measured by next year's revenue growth), Tesla is trading at a far lower earnings multiple than other companies with similar growth profiles.TwitterFrom a historical perspective, Tesla was only cheaper (on a forward P/E basis) during the COVID-19 pandemic crash in 2020. The macroeconomic environment remains challenging, and Tesla's business may come under pressure next year; however, I think the secular trends powering Tesla will be in place for the next decade or two. Hence, I think any dip in financial performance from Tesla (in the event of a recession) will be temporary.Here's what Tesla's fair value is looking like after its Q3 report:TQI Valuation Model (TQIG.org)TQI Valuation Model (TQIG.org)According to my analysis, Tesla's intrinsic value is ~$217 per share. This means Tesla is now undervalued by ~17%. As we discussed in the past, Tesla is overshooting to the downside (and there could be more room to fall)!Now let's look at expected CAGR returns for the next five years. Assuming a base case exit P/FCF multiple of 30x for Tesla, I see the stock hitting $546.78 per share by 2027.As can be seen above, Tesla is projected to deliver CAGR returns of 24.88% for the next five years, which beats my required IRR of 20% for high-growth stocks. Hence, Tesla is a solid long-term buy at current levels.Concluding ThoughtsUp until the last year or so, a simple \"buy-and-hold\" strategy worked wonders for long-term equity investors since the Great Financial Crisis. However, 2022 has been a difficult year as equity valuations have normalized (from lofty levels) due to monetary policy tightening by central banks across the globe. In the fight against inflation, I firmly believe that the FED will emerge victorious sooner or later. However, the amount of demand destruction the FED will need to cause in order to bring inflation back to the 2% target level is likely to be immense. The probability of a recession in 2023 is rising, and I don't think we can dismiss the idea that we may already be in an economic downturn.In Q3, Tesla's delivery volumes fell short of expectations, and similar disappointments could continue to haunt the EV giant next year. The Chinese economy is in doldrums, and we have seen price cuts from Tesla in this market. While some fanboys have attributed these price cuts to greater scale in Gigafactory Shanghai, Tesla may very well be facing a demand issue in China. Considering the geopolitical and macroeconomic realities, I think Europe is going to experience a painful recession, and the US may not avoid one either. If we do end up going into a global recession, the demand for auto vehicles is likely to dip, i.e., Tesla could be facing a demand problem across all of its markets. From a fundamental perspective, Tesla is looking like a fantastic buy right now; however, the numbers may be about to shift negatively over the coming quarters due to macro factors.Tesla's stock is behaving poorly (relative to the market), which could be a sign of things to come. A breakdown of the right shoulder of the H&S pattern formed in Tesla is underway, and the stock could realistically fall down to the low to mid-100s level in the near term. For long-term investors looking to build a position in Tesla, I think slow accumulation via a 6-12 month dollar-cost averaging plan is the way to go. At TQI, we manage our risk proactively, and we are doing the same with Tesla. To guard against the ~45% downside risk (from $180 to $100), we have implemented an options-based hedging strategy (zero cost, upside limited to +25% in 7 months) to buy Tesla shares stress-free at current levels.Key Takeaway: I rate Tesla a long-term buy at $180 per share (strong preference for slow accumulation and/or proactive risk management).","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":667598937,"gmtCreate":1668995524833,"gmtModify":1676538136154,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/667598937","repostId":"1117170787","repostType":4,"repost":{"id":"1117170787","pubTimestamp":1669002303,"share":"https://ttm.financial/m/news/1117170787?lang=&edition=fundamental","pubTime":"2022-11-21 11:45","market":"us","language":"en","title":"The Fed Minutes May Deliver A Massive Blow To The Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1117170787","media":"Seeking Alpha","summary":"SummaryThe November Fed Minutes will be released Wednesday afternoon.The bond and currency markets a","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The November Fed Minutes will be released Wednesday afternoon.</li><li>The bond and currency markets are already preparing for very hawkish minutes.</li><li>Fed board members appear to think rates may head towards 5%.</li></ul><p>It will be a holiday-shortened trading week, but it will not be short on news events. The massive news event will come on Wednesday at 2 PM with the release of the November Fed minutes. These minutes will likely reverse the equity market&#39;s celebration following a lower-than-expected October CPI report, as the Fed has a different view and is already pushing back hard.</p><p>Since the release of that CPI report on November 10, Fed-speak has been crystal clear - slower rate hikes do not mean a lower terminal rate, and one better-than-expected CPI report isn&#39;t going to change the path of monetary policy. Ultimately, these speakers seem to think rates are going even higher.</p><p>St. Louis Fed Governor James Bullard suggested dovish assumptions about monetary policy justified additional rate hikes.</p><p>The November FOMC statement indicated the likelihood of a slower pace of rate hikes coming, while the FOMC press conference indicated that the terminal rate was likely to be higher than previously expected in September. Since the FOMC meeting, a strong case has been laid out by many FOMC members for the overnight rate to head over 5% and potentially to go as high as 5.25% in 2023.</p><p>If this message of higher rates is correctly delivered in the FOMC minutes, then it seems more likely than not that the equity market rally since the October CPI report in mid-November should not only pause but reverse.</p><p><b>VIX Positioning</b></p><p>Additionally, the VIX should rise sharply heading into the FOMC meeting on December 14. Not on worries over a 50 or 75 bps rate hike but due to concerns over the Fed&#39;s Summary of Economic Projections and the committee&#39;s dot plot for terminal rate for the end of 2023.</p><p>In fact, throughout 2022, there has been a pattern of the VIX rising or falling into the FOMC meeting following the market&#39;s perception of the Fed minutes. Currently, the VIX is trading towards the lower end of its trading range, around 23. The last time the VIX was this low heading into the release of the FOMC minutes came back on August 17, which also marked the end of the August rally and was followed by a sharp rise in the VIX and a very sharp decline in the S&amp;P 500. The same thing also happened at the beginning of April, which also marked the end of the March rally, and early January, which marked the market peak.</p><p><img src=\"https://static.tigerbbs.com/2eb742a0f644a317b0c584c79d197735\" tg-width=\"640\" tg-height=\"321\" referrerpolicy=\"no-referrer\"/></p><p>TradingView</p><p><b>Rates And The Dollar</b></p><p>The bond market is already anticipating the more hawkish commentary out of the Fed minutes to be released this week. The Fed funds rates again call for the peak rate to be above 5% and back to levels seen immediately following the November FOMC meeting. Additionally, that peak rate is now seen coming in July instead of May, incorporating smaller rate hikes.</p><p><img src=\"https://static.tigerbbs.com/085a10f01649229138206ef78793ac66\" tg-width=\"640\" tg-height=\"499\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>The view of higher rates has also helped lift the 2-year yield, moving it back above 4.5%, and stopped the bleeding of the dollar index. These are critical signs that the bond and currency markets are listening to what the FOMC members are saying and taking the calls for higher rates very seriously. The Fed minutes should enforce the view of the Fed officials and should only help to push the dollar and rates even higher.</p><p>Higher rates and a strong dollar should help financial conditions tighten, pushing stock prices lower and increasing implied volatility levels.</p><p><img src=\"https://static.tigerbbs.com/d88b54ba9843396edf02be5023d2da16\" tg-width=\"640\" tg-height=\"321\" referrerpolicy=\"no-referrer\"/></p><p>TradingView</p><p><b>Fall Back Plan</b></p><p>Just in case the market doesn&#39;t respond appropriately to these minutes. The Fed is taking no chances heading into the FOMC meeting this time and will ensure that there will be no mix-ups from a potential article drop heading into the December meeting. There will be no repeat of the October version of the dovish pivot.</p><p>This time Jay Powell will take things into his own hands and talk for an hour at the Brookings Institute on November 30, starting at 1:30 PM ET. The talk is even more critical because it will come one day before the official FOMC blackout period starts heading into the December 14 FOMC meeting. It will be Powell&#39;s chance to make sure the market does not veer off course over those two weeks.</p><p>The Fed has been telling the market all year that it intended to raise rates aggressively and wanted financial conditions to tighten. Yes, there have been countertrend rallies along the way, but if one thing is clear, the Fed has been committed to higher rates. If the minutes do not deliver that message this week, Powell will be sure to do on November 30 what he did on August 26 at Jackson Hole, putting the hammer down on the equity market again.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed Minutes May Deliver A Massive Blow To The Stock 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\">\nThe Fed Minutes May Deliver A Massive Blow To The Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-21 11:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559258-fed-minutes-may-deliver-massive-blow-to-stock-market><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe November Fed Minutes will be released Wednesday afternoon.The bond and currency markets are already preparing for very hawkish minutes.Fed board members appear to think rates may head ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559258-fed-minutes-may-deliver-massive-blow-to-stock-market\">Web Link</a>\n\n</div>\n\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":"https://seekingalpha.com/article/4559258-fed-minutes-may-deliver-massive-blow-to-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117170787","content_text":"SummaryThe November Fed Minutes will be released Wednesday afternoon.The bond and currency markets are already preparing for very hawkish minutes.Fed board members appear to think rates may head towards 5%.It will be a holiday-shortened trading week, but it will not be short on news events. The massive news event will come on Wednesday at 2 PM with the release of the November Fed minutes. These minutes will likely reverse the equity market's celebration following a lower-than-expected October CPI report, as the Fed has a different view and is already pushing back hard.Since the release of that CPI report on November 10, Fed-speak has been crystal clear - slower rate hikes do not mean a lower terminal rate, and one better-than-expected CPI report isn't going to change the path of monetary policy. Ultimately, these speakers seem to think rates are going even higher.St. Louis Fed Governor James Bullard suggested dovish assumptions about monetary policy justified additional rate hikes.The November FOMC statement indicated the likelihood of a slower pace of rate hikes coming, while the FOMC press conference indicated that the terminal rate was likely to be higher than previously expected in September. Since the FOMC meeting, a strong case has been laid out by many FOMC members for the overnight rate to head over 5% and potentially to go as high as 5.25% in 2023.If this message of higher rates is correctly delivered in the FOMC minutes, then it seems more likely than not that the equity market rally since the October CPI report in mid-November should not only pause but reverse.VIX PositioningAdditionally, the VIX should rise sharply heading into the FOMC meeting on December 14. Not on worries over a 50 or 75 bps rate hike but due to concerns over the Fed's Summary of Economic Projections and the committee's dot plot for terminal rate for the end of 2023.In fact, throughout 2022, there has been a pattern of the VIX rising or falling into the FOMC meeting following the market's perception of the Fed minutes. Currently, the VIX is trading towards the lower end of its trading range, around 23. The last time the VIX was this low heading into the release of the FOMC minutes came back on August 17, which also marked the end of the August rally and was followed by a sharp rise in the VIX and a very sharp decline in the S&P 500. The same thing also happened at the beginning of April, which also marked the end of the March rally, and early January, which marked the market peak.TradingViewRates And The DollarThe bond market is already anticipating the more hawkish commentary out of the Fed minutes to be released this week. The Fed funds rates again call for the peak rate to be above 5% and back to levels seen immediately following the November FOMC meeting. Additionally, that peak rate is now seen coming in July instead of May, incorporating smaller rate hikes.BloombergThe view of higher rates has also helped lift the 2-year yield, moving it back above 4.5%, and stopped the bleeding of the dollar index. These are critical signs that the bond and currency markets are listening to what the FOMC members are saying and taking the calls for higher rates very seriously. The Fed minutes should enforce the view of the Fed officials and should only help to push the dollar and rates even higher.Higher rates and a strong dollar should help financial conditions tighten, pushing stock prices lower and increasing implied volatility levels.TradingViewFall Back PlanJust in case the market doesn't respond appropriately to these minutes. The Fed is taking no chances heading into the FOMC meeting this time and will ensure that there will be no mix-ups from a potential article drop heading into the December meeting. There will be no repeat of the October version of the dovish pivot.This time Jay Powell will take things into his own hands and talk for an hour at the Brookings Institute on November 30, starting at 1:30 PM ET. The talk is even more critical because it will come one day before the official FOMC blackout period starts heading into the December 14 FOMC meeting. It will be Powell's chance to make sure the market does not veer off course over those two weeks.The Fed has been telling the market all year that it intended to raise rates aggressively and wanted financial conditions to tighten. Yes, there have been countertrend rallies along the way, but if one thing is clear, the Fed has been committed to higher rates. If the minutes do not deliver that message this week, Powell will be sure to do on November 30 what he did on August 26 at Jackson Hole, putting the hammer down on the equity market again.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":667227656,"gmtCreate":1668906409521,"gmtModify":1676538125992,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/667227656","repostId":"2284785084","repostType":4,"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":665419903,"gmtCreate":1667437521905,"gmtModify":1676537917604,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/665419903","repostId":"1124568203","repostType":4,"repost":{"id":"1124568203","pubTimestamp":1667433606,"share":"https://ttm.financial/m/news/1124568203?lang=&edition=fundamental","pubTime":"2022-11-03 08:00","market":"us","language":"en","title":"Apple Now Valued at More Than Amazon, Alphabet and Meta — Combined","url":"https://stock-news.laohu8.com/highlight/detail?id=1124568203","media":"MarketWatch","summary":"Apple Inc. shares have held up far better than those of its Big Tech peers over the past month, and ","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f49e61e893d9c472d02d149b2fa866b5\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Apple Inc. shares have held up far better than those of its Big Tech peers over the past month, and that’s helped the company to a staggering feat: The smartphone giant is now worth more than Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. combined.</p><p>Apple finished Wednesday’s session with a $2.307 trillion market capitalization, according to Dow Jones Market Data. Alphabet, Amazon and Meta were worth a combined $2.306 trillion.</p><p>The comparison was flagged on Twitter by financial YouTuber Joseph Carlson.</p><p>The contrast illustrates the sharp comedown in technology shares this year. Apple was worth $2.913 trillion to close out 2021, according to Dow Jones Market Data. The grouping of Alphabet, Amazon and Meta was worth $4.410 trillion at that time.</p><p>Apple’s stock has outperformed those of its three tech peers over both the past month and the course of 2022.</p><p>Shares of Apple are up 4.9% in the past month, while shares of Alphabet are down 9.1%, shares of Amazon are off 18.5% and shares of Meta are down 33.3%. On a year-to-date basis, Apple’s stock has lost 18.3%, while Alphabet’s has declined 40.5%, Amazon’s has fallen 44.7% and Meta’s has plunged 73.1%.</p><p>Apple’s stock has also had a better start to the week than any of those other three Big Tech names, though all four are down.</p><p>The four companies each reported earnings last week, and only Apple’s numbers were met with a positive stock reaction. Since then, Meta fell below a $300 billion valuation for the first time since February 2016. It was valued at $240 billion as of Wednesday’s close.</p><p>Meanwhile, Amazon’s stock has declined in each of the past six trading sessions, and the company on Tuesday fell out of trillion-dollar territory for the first time since April 2020.</p><p>Bernstein analyst Mark Shmulik recently highlighted the challenges facing the big internet companies in what he called an “autopsy” of their latest results. He noted that Alphabet, Amazon and Meta now have to show “perfection” as they all have diversified businesses and investors are more prone to nitpicking signs of weakness in any one of those area amid this choppy market climate.</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>Apple Now Valued at More Than Amazon, Alphabet and Meta — Combined</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 Now Valued at More Than Amazon, Alphabet and Meta — Combined\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-03 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/apple-now-valued-at-more-than-amazon-alphabet-and-meta-combined-11667430617?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple Inc. shares have held up far better than those of its Big Tech peers over the past month, and that’s helped the company to a staggering feat: The smartphone giant is now worth more than Alphabet...</p>\n\n<a href=\"https://www.marketwatch.com/story/apple-now-valued-at-more-than-amazon-alphabet-and-meta-combined-11667430617?mod=mw_latestnews\">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","AMZN":"亚马逊","META":"Meta Platforms","GOOGL":"谷歌A"},"source_url":"https://www.marketwatch.com/story/apple-now-valued-at-more-than-amazon-alphabet-and-meta-combined-11667430617?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124568203","content_text":"Apple Inc. shares have held up far better than those of its Big Tech peers over the past month, and that’s helped the company to a staggering feat: The smartphone giant is now worth more than Alphabet Inc., Amazon.com Inc. and Meta Platforms Inc. combined.Apple finished Wednesday’s session with a $2.307 trillion market capitalization, according to Dow Jones Market Data. Alphabet, Amazon and Meta were worth a combined $2.306 trillion.The comparison was flagged on Twitter by financial YouTuber Joseph Carlson.The contrast illustrates the sharp comedown in technology shares this year. Apple was worth $2.913 trillion to close out 2021, according to Dow Jones Market Data. The grouping of Alphabet, Amazon and Meta was worth $4.410 trillion at that time.Apple’s stock has outperformed those of its three tech peers over both the past month and the course of 2022.Shares of Apple are up 4.9% in the past month, while shares of Alphabet are down 9.1%, shares of Amazon are off 18.5% and shares of Meta are down 33.3%. On a year-to-date basis, Apple’s stock has lost 18.3%, while Alphabet’s has declined 40.5%, Amazon’s has fallen 44.7% and Meta’s has plunged 73.1%.Apple’s stock has also had a better start to the week than any of those other three Big Tech names, though all four are down.The four companies each reported earnings last week, and only Apple’s numbers were met with a positive stock reaction. Since then, Meta fell below a $300 billion valuation for the first time since February 2016. It was valued at $240 billion as of Wednesday’s close.Meanwhile, Amazon’s stock has declined in each of the past six trading sessions, and the company on Tuesday fell out of trillion-dollar territory for the first time since April 2020.Bernstein analyst Mark Shmulik recently highlighted the challenges facing the big internet companies in what he called an “autopsy” of their latest results. He noted that Alphabet, Amazon and Meta now have to show “perfection” as they all have diversified businesses and investors are more prone to nitpicking signs of weakness in any one of those area amid this choppy market climate.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629227424,"gmtCreate":1670564020469,"gmtModify":1676538395061,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/629227424","repostId":"2289441363","repostType":4,"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629659732,"gmtCreate":1670491862828,"gmtModify":1676538379423,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/629659732","repostId":"2289551436","repostType":4,"repost":{"id":"2289551436","pubTimestamp":1670513832,"share":"https://ttm.financial/m/news/2289551436?lang=&edition=fundamental","pubTime":"2022-12-08 23:37","market":"us","language":"en","title":"3 Best High-Yield Dividend Stocks to Buy in December, According to OpenAI's Amazing New ChatBot","url":"https://stock-news.laohu8.com/highlight/detail?id=2289551436","media":"Motley Fool","summary":"Here are the top dividend picks from an impressive new AI system.","content":"<html><head></head><body><p>&#34;Scary good.&#34; That&#39;s Elon Musk&#39;s description of OpenAI&#39;s new prototype ChatGPT chatbot in a tweet over the weekend. He added, &#34;We are not far from dangerously strong AI.&#34;</p><p>Whether or not you agree with Musk&#39;s fear about the threat presented by artificial intelligence, he&#39;s on the mark with his view about how good ChatGPT is. I&#39;ve had multiple lengthy conversations with the new chatbot over the past few days. The discussions ranged from economic theory to how to address major global problems to what Ben Franklin would think about the modern world if he time-traveled to the present. I was impressed by ChatGPT&#39;s responses.</p><p>Because I write about investing, I couldn&#39;t help but bring the topic up with my AI pal. I thought I&#39;d share some insights gathered from one of our conversations. Here are the three best high-yield dividend stocks to buy in December, according to OpenAI&#39;s amazing new chatbot.</p><h2>1. <a href=\"https://laohu8.com/S/ET\">Energy Transfer LP</a></h2><p>ChatGPT&#39;s first recommendation was <b>Energy Transfer LP</b>. I should note, though, that the chatbot said that its list of recommendations wasn&#39;t sorted in any way (although they&#39;re in alphabetical order).</p><p>Energy Transfer LP ranks as one of the largest midstream energy companies in the world. The company exports nearly 20% of global natural gas liquids -- more than any other company (or any country, for that matter).</p><p>Why did ChatGPT like this stock? For one thing, it has a high-distribution yield that currently tops 8.5%. Energy Transfer has a solid history of paying distributions. The company is strong financially with a diversified portfolio of assets including pipelines, storage facilities, and terminals. The AI system also felt that Energy Transfer has a good management team with a track record of success.</p><h2>2. <a href=\"https://laohu8.com/S/O\">Realty Income Corp</a>.</h2><p><b>Realty Income Corp.</b> was the second high-yield dividend stock on ChatGPT&#39;s list. It&#39;s one of the five largest real estate investment trusts (REITs) in the U.S. Realty Income&#39;s tenants include dollar stores, convenience stores, grocery stores, restaurants, and more.</p><p>ChatGPT quickly pointed out that Realty Income has a high-dividend yield and a strong history of dividend growth. It&#39;s right on both points. The REIT&#39;s dividend yield currently stands above 4.7%. Realty Income is also a Dividend Aristocrat with 27 consecutive years of dividend increases.</p><p>Realty Income&#39;s dividend program wasn&#39;t the only plus for the stock in ChatGPT&#39;s view, though. The chatbot also liked the company&#39;s historical financial strength and diversified portfolio of properties.</p><h2>3. Shell plc</h2><p>Technically, ChatGPT recommended Royal Dutch Shell as its third pick. But the AI system&#39;s training data only went through in late 2021. Royal Dutch Shell changed its name to <b>Shell plc </b>in January 2022. The rationale for choosing this stock is still applicable, though.</p><p>Obviously, the chatbot thought highly of Shell&#39;s dividend. The company&#39;s dividend yield is nearly 3.5% today but was probably a little higher than that in ChatGPT&#39;s training data. The AI system also viewed Shell&#39;s strong financial position as a positive.</p><p>In addition, ChatGPT felt that Shell&#39;s global operations could &#34;provide some diversification and resilience during uncertain economic times.&#34; The company does business in more than 70 countries worldwide.</p><h2>Intelligent picks?</h2><p>So how intelligent were the picks from OpenAI&#39;s new AI system? Overall, I think they were good.</p><p>Energy Transfer is arguably one of the best ultra-high-yield dividend stocks on the market right now. My colleague Matt Frankel wrote last month that if he could buy only one stock, it would be Realty Income. Shell has certainly been a huge winner this year and could go higher if global oil and gas supply is limited by the EU&#39;s introduction of a cap on Russian oil.</p><p>But ChatGPT wasn&#39;t perfect. For example, it noted Shell&#39;s &#34;history of consistent dividend growth.&#34; The company&#39;s actual history of dividend growth isn&#39;t anything to crow about. Also, I suspect that the recommendations might have been different if the chatbot had access to current data.</p><p>I wouldn&#39;t rely on ChatGPT for investment advice. It wouldn&#39;t advise doing so either. The AI system emphasized that it&#39;s &#34;important to thoroughly research and carefully evaluate any potential stock purchases.&#34; That&#39;s intelligent counsel for all investors.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Best High-Yield Dividend Stocks to Buy in December, According to OpenAI's Amazing New ChatBot</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 Best High-Yield Dividend Stocks to Buy in December, According to OpenAI's Amazing New ChatBot\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-08 23:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/07/3-best-high-yield-dividend-stocks-to-buy-in-decemb/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"Scary good.\" That's Elon Musk's description of OpenAI's new prototype ChatGPT chatbot in a tweet over the weekend. He added, \"We are not far from dangerously strong AI.\"Whether or not you agree with ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/07/3-best-high-yield-dividend-stocks-to-buy-in-decemb/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RYDAF":"SHELL PLC","ET":"Energy Transfer LP","O":"Realty Income Corp"},"source_url":"https://www.fool.com/investing/2022/12/07/3-best-high-yield-dividend-stocks-to-buy-in-decemb/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289551436","content_text":"\"Scary good.\" That's Elon Musk's description of OpenAI's new prototype ChatGPT chatbot in a tweet over the weekend. He added, \"We are not far from dangerously strong AI.\"Whether or not you agree with Musk's fear about the threat presented by artificial intelligence, he's on the mark with his view about how good ChatGPT is. I've had multiple lengthy conversations with the new chatbot over the past few days. The discussions ranged from economic theory to how to address major global problems to what Ben Franklin would think about the modern world if he time-traveled to the present. I was impressed by ChatGPT's responses.Because I write about investing, I couldn't help but bring the topic up with my AI pal. I thought I'd share some insights gathered from one of our conversations. Here are the three best high-yield dividend stocks to buy in December, according to OpenAI's amazing new chatbot.1. Energy Transfer LPChatGPT's first recommendation was Energy Transfer LP. I should note, though, that the chatbot said that its list of recommendations wasn't sorted in any way (although they're in alphabetical order).Energy Transfer LP ranks as one of the largest midstream energy companies in the world. The company exports nearly 20% of global natural gas liquids -- more than any other company (or any country, for that matter).Why did ChatGPT like this stock? For one thing, it has a high-distribution yield that currently tops 8.5%. Energy Transfer has a solid history of paying distributions. The company is strong financially with a diversified portfolio of assets including pipelines, storage facilities, and terminals. The AI system also felt that Energy Transfer has a good management team with a track record of success.2. Realty Income Corp.Realty Income Corp. was the second high-yield dividend stock on ChatGPT's list. It's one of the five largest real estate investment trusts (REITs) in the U.S. Realty Income's tenants include dollar stores, convenience stores, grocery stores, restaurants, and more.ChatGPT quickly pointed out that Realty Income has a high-dividend yield and a strong history of dividend growth. It's right on both points. The REIT's dividend yield currently stands above 4.7%. Realty Income is also a Dividend Aristocrat with 27 consecutive years of dividend increases.Realty Income's dividend program wasn't the only plus for the stock in ChatGPT's view, though. The chatbot also liked the company's historical financial strength and diversified portfolio of properties.3. Shell plcTechnically, ChatGPT recommended Royal Dutch Shell as its third pick. But the AI system's training data only went through in late 2021. Royal Dutch Shell changed its name to Shell plc in January 2022. The rationale for choosing this stock is still applicable, though.Obviously, the chatbot thought highly of Shell's dividend. The company's dividend yield is nearly 3.5% today but was probably a little higher than that in ChatGPT's training data. The AI system also viewed Shell's strong financial position as a positive.In addition, ChatGPT felt that Shell's global operations could \"provide some diversification and resilience during uncertain economic times.\" The company does business in more than 70 countries worldwide.Intelligent picks?So how intelligent were the picks from OpenAI's new AI system? Overall, I think they were good.Energy Transfer is arguably one of the best ultra-high-yield dividend stocks on the market right now. My colleague Matt Frankel wrote last month that if he could buy only one stock, it would be Realty Income. Shell has certainly been a huge winner this year and could go higher if global oil and gas supply is limited by the EU's introduction of a cap on Russian oil.But ChatGPT wasn't perfect. For example, it noted Shell's \"history of consistent dividend growth.\" The company's actual history of dividend growth isn't anything to crow about. Also, I suspect that the recommendations might have been different if the chatbot had access to current data.I wouldn't rely on ChatGPT for investment advice. It wouldn't advise doing so either. The AI system emphasized that it's \"important to thoroughly research and carefully evaluate any potential stock purchases.\" That's intelligent counsel for all investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":665660287,"gmtCreate":1667266910180,"gmtModify":1676537888062,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/665660287","repostId":"1180963465","repostType":4,"repost":{"id":"1180963465","pubTimestamp":1667262471,"share":"https://ttm.financial/m/news/1180963465?lang=&edition=fundamental","pubTime":"2022-11-01 08:27","market":"us","language":"en","title":"Apple and Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1180963465","media":"MarketWatch","summary":"The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings re","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/4062ea999ad9a74269b4289fac8b8890\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/>The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more than $700 billion to close out last week.</p><p>Apple finished Friday’s trading session with a<b> $2.48 trillion valuation</b>, while Microsoft ended the week with a <b>$1.76 trillion valuation</b>. The $719.24 billion spread between those two market caps was the widest record and nearly as much as Tesla Inc.’s entire market cap of<b> $721.61 billion</b>, according to Dow Jones Market Data.</p><p>The spread has narrowed a bit with Monday morning’s trading action, as Apple shares are off 1.8% and Microsoft shares are down 1.5%. Apple’s market value is now $698.40 billion larger than Microsoft’s, with that spread again similar to Tesla’s  current valuation.</p><p>While Apple shares rallied 7.6% in Friday trading after the company posted a large revenue beat in its Mac segment and indicated that iPhone demand was strong despite supply challenges, Microsoft shares lost 7.7% Wednesday as the company’s most recent earnings report fueled concerns about cloud growth.</p><p>Combined, Apple’s and Microsoft’s market caps made up 42% of the market cap of all Dow Jones Industrial Average components as of Friday’s close.</p><p>Apple’s price-to-earnings ratio on a next-12-months basis is also higher than Microsoft’s in a somewhat rare occurrence. While the smartphone giant’s forward P/E has been higher than Microsoft’s during several days in September and October, it hadn’t been above Microsoft’s before those instances since January 2021, per Dow Jones Market Data, based on FactSet data.</p><p>Apple had a 24.48 P/E ahead of Monday’s open, while Microsoft’s was 23.25.</p><p>Shares of both names remain down on the year, however, with Microsoft’s stock off 31% over the course of 2022 and Apple’s off 14%. Together, Apple, Microsoft, Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc. have shed $3 trillion in market value so far this year.</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>Apple and Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation</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 Microsoft Market Caps Reached Their Largest Spread on Record — at Roughly Tesla’s Entire Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-01 08:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/apple-and-microsoft-market-caps-reached-their-largest-spread-on-record-at-roughly-teslas-entire-valuation-11667226567><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more ...</p>\n\n<a href=\"https://www.marketwatch.com/story/apple-and-microsoft-market-caps-reached-their-largest-spread-on-record-at-roughly-teslas-entire-valuation-11667226567\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","TSLA":"特斯拉","AAPL":"苹果"},"source_url":"https://www.marketwatch.com/story/apple-and-microsoft-market-caps-reached-their-largest-spread-on-record-at-roughly-teslas-entire-valuation-11667226567","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180963465","content_text":"The divergent performances of Apple Inc. and Microsoft Corp. in the wake of their latest earnings reports widened the spread between the two companies’ market values to the largest on record at more than $700 billion to close out last week.Apple finished Friday’s trading session with a $2.48 trillion valuation, while Microsoft ended the week with a $1.76 trillion valuation. The $719.24 billion spread between those two market caps was the widest record and nearly as much as Tesla Inc.’s entire market cap of $721.61 billion, according to Dow Jones Market Data.The spread has narrowed a bit with Monday morning’s trading action, as Apple shares are off 1.8% and Microsoft shares are down 1.5%. Apple’s market value is now $698.40 billion larger than Microsoft’s, with that spread again similar to Tesla’s  current valuation.While Apple shares rallied 7.6% in Friday trading after the company posted a large revenue beat in its Mac segment and indicated that iPhone demand was strong despite supply challenges, Microsoft shares lost 7.7% Wednesday as the company’s most recent earnings report fueled concerns about cloud growth.Combined, Apple’s and Microsoft’s market caps made up 42% of the market cap of all Dow Jones Industrial Average components as of Friday’s close.Apple’s price-to-earnings ratio on a next-12-months basis is also higher than Microsoft’s in a somewhat rare occurrence. While the smartphone giant’s forward P/E has been higher than Microsoft’s during several days in September and October, it hadn’t been above Microsoft’s before those instances since January 2021, per Dow Jones Market Data, based on FactSet data.Apple had a 24.48 P/E ahead of Monday’s open, while Microsoft’s was 23.25.Shares of both names remain down on the year, however, with Microsoft’s stock off 31% over the course of 2022 and Apple’s off 14%. Together, Apple, Microsoft, Alphabet Inc., Amazon.com Inc., and Meta Platforms Inc. have shed $3 trillion in market value so far this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":629041479,"gmtCreate":1670131392793,"gmtModify":1676538308329,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/629041479","repostId":"2288925832","repostType":4,"isVote":1,"tweetType":1,"viewCount":541,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":662628860,"gmtCreate":1666494065854,"gmtModify":1676537762091,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/662628860","repostId":"2277255340","repostType":4,"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":664457678,"gmtCreate":1668221560598,"gmtModify":1676538031020,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/664457678","repostId":"2282487043","repostType":4,"repost":{"id":"2282487043","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":1668213163,"share":"https://ttm.financial/m/news/2282487043?lang=&edition=fundamental","pubTime":"2022-11-12 08:32","market":"us","language":"en","title":"US STOCKS-Nasdaq and S&P 500 End Higher, Fueled By Inflation Optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=2282487043","media":"Reuters","summary":"* Growth stocks lead value, Nasdaq rallies* Nasdaq and S&P 500 gain for second dayNov 11 (Reuters) -","content":"<html><head></head><body><p>* Growth stocks lead value, Nasdaq rallies</p><p>* Nasdaq and S&amp;P 500 gain for second day</p><p>Nov 11 (Reuters) - The S&amp;P 500 and Nasdaq ended higher on Friday, extending a rally started the day before after a soft inflation reading raised hopes the Federal Reserve would get less aggressive with U.S. interest rate hikes.</p><p>Amazon jumped, with Apple and Microsoft also making gains and contributing to the Nasdaq&#39;s strong gain.</p><p>On Thursday, the S&amp;P 500 and the Nasdaq racked up their biggest daily percentage gains in more than 2-1/2 years as annual inflation slipped below 8% for the first time in eight months.</p><p>Declines in healthcare stocks weighed on the Dow Jones Industrial Average, with UnitedHealth Group down for the day.</p><p>&#34;What we&#39;re really seeing today is simply a follow-through on yesterday. There&#39;s a lot of cash sitting on the sidelines that is being put to work,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York.</p><p>&#34;Perhaps it signals some type of bottom being put in the market, some type of line drawn in the sand. But even if we put in a bottom, we&#39;re a long way away from setting new highs,” Ghriskey said.</p><p>Investors see an 81% chance of a 50-basis point rate hike in December and a 19% chance of a 75-basis point hike, according to CME Fedwatch tool.</p><p>Adding some nervousness on Wall Street, crypto exchange FTX said it would start U.S. bankruptcy proceedings and that CEO Sam Bankman-Fried resigned due to a liquidity crisis that prompted intervention from regulators around the world.</p><p>The S&amp;P 500 gained 36.56 points, or 0.92%, to end at 3,992.93 points, while the Nasdaq Composite gained 209.18 points, or 1.88%, to 11,323.33. The Dow Jones Industrial Average rose 32.49 points, or 0.1%, to 33,747.86.</p><p>Worries about an economic downturn have hammered Wall Street this year. The S&amp;P 500 remains down about 16% year to date, on course for its biggest annual decline since 2008.</p><p>U.S.-listed shares of Chinese companies rose, with Alibaba Group Holding Ltd gaining after China eased some of its strict COVID-19 rules.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Nasdaq and S&P 500 End Higher, Fueled By Inflation Optimism</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Nasdaq and S&P 500 End Higher, Fueled By Inflation Optimism\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\">2022-11-12 08:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Growth stocks lead value, Nasdaq rallies</p><p>* Nasdaq and S&amp;P 500 gain for second day</p><p>Nov 11 (Reuters) - The S&amp;P 500 and Nasdaq ended higher on Friday, extending a rally started the day before after a soft inflation reading raised hopes the Federal Reserve would get less aggressive with U.S. interest rate hikes.</p><p>Amazon jumped, with Apple and Microsoft also making gains and contributing to the Nasdaq&#39;s strong gain.</p><p>On Thursday, the S&amp;P 500 and the Nasdaq racked up their biggest daily percentage gains in more than 2-1/2 years as annual inflation slipped below 8% for the first time in eight months.</p><p>Declines in healthcare stocks weighed on the Dow Jones Industrial Average, with UnitedHealth Group down for the day.</p><p>&#34;What we&#39;re really seeing today is simply a follow-through on yesterday. There&#39;s a lot of cash sitting on the sidelines that is being put to work,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York.</p><p>&#34;Perhaps it signals some type of bottom being put in the market, some type of line drawn in the sand. But even if we put in a bottom, we&#39;re a long way away from setting new highs,” Ghriskey said.</p><p>Investors see an 81% chance of a 50-basis point rate hike in December and a 19% chance of a 75-basis point hike, according to CME Fedwatch tool.</p><p>Adding some nervousness on Wall Street, crypto exchange FTX said it would start U.S. bankruptcy proceedings and that CEO Sam Bankman-Fried resigned due to a liquidity crisis that prompted intervention from regulators around the world.</p><p>The S&amp;P 500 gained 36.56 points, or 0.92%, to end at 3,992.93 points, while the Nasdaq Composite gained 209.18 points, or 1.88%, to 11,323.33. The Dow Jones Industrial Average rose 32.49 points, or 0.1%, to 33,747.86.</p><p>Worries about an economic downturn have hammered Wall Street this year. The S&amp;P 500 remains down about 16% year to date, on course for its biggest annual decline since 2008.</p><p>U.S.-listed shares of Chinese companies rose, with Alibaba Group Holding Ltd gaining after China eased some of its strict COVID-19 rules.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UNH":"联合健康","MSFT":"微软",".DJI":"道琼斯",".SPX":"S&P 500 Index","BABA":"阿里巴巴","AAPL":"苹果",".IXIC":"NASDAQ Composite","AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282487043","content_text":"* Growth stocks lead value, Nasdaq rallies* Nasdaq and S&P 500 gain for second dayNov 11 (Reuters) - The S&P 500 and Nasdaq ended higher on Friday, extending a rally started the day before after a soft inflation reading raised hopes the Federal Reserve would get less aggressive with U.S. interest rate hikes.Amazon jumped, with Apple and Microsoft also making gains and contributing to the Nasdaq's strong gain.On Thursday, the S&P 500 and the Nasdaq racked up their biggest daily percentage gains in more than 2-1/2 years as annual inflation slipped below 8% for the first time in eight months.Declines in healthcare stocks weighed on the Dow Jones Industrial Average, with UnitedHealth Group down for the day.\"What we're really seeing today is simply a follow-through on yesterday. There's a lot of cash sitting on the sidelines that is being put to work,\" said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.\"Perhaps it signals some type of bottom being put in the market, some type of line drawn in the sand. But even if we put in a bottom, we're a long way away from setting new highs,” Ghriskey said.Investors see an 81% chance of a 50-basis point rate hike in December and a 19% chance of a 75-basis point hike, according to CME Fedwatch tool.Adding some nervousness on Wall Street, crypto exchange FTX said it would start U.S. bankruptcy proceedings and that CEO Sam Bankman-Fried resigned due to a liquidity crisis that prompted intervention from regulators around the world.The S&P 500 gained 36.56 points, or 0.92%, to end at 3,992.93 points, while the Nasdaq Composite gained 209.18 points, or 1.88%, to 11,323.33. The Dow Jones Industrial Average rose 32.49 points, or 0.1%, to 33,747.86.Worries about an economic downturn have hammered Wall Street this year. The S&P 500 remains down about 16% year to date, on course for its biggest annual decline since 2008.U.S.-listed shares of Chinese companies rose, with Alibaba Group Holding Ltd gaining after China eased some of its strict COVID-19 rules.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":620234498,"gmtCreate":1669778572315,"gmtModify":1676538241645,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/620234498","repostId":"2287859746","repostType":4,"repost":{"id":"2287859746","pubTimestamp":1669768217,"share":"https://ttm.financial/m/news/2287859746?lang=&edition=fundamental","pubTime":"2022-11-30 08:30","market":"us","language":"en","title":"\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX","url":"https://stock-news.laohu8.com/highlight/detail?id=2287859746","media":"The Sydney Morning Herald","summary":"When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam","content":"<html><head></head><body><p>When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.</p><p>But his attempt to calm the situation belied what had just taken place within the company. As the crisis unfolded, a group of FTX lawyers and executives moved to strip authority from Bankman-Fried and urged the company’s top leaders to prepare for bankruptcy. For days, Bankman-Fried ignored their warnings and clung to power, seemingly convinced that he could save the firm, despite mounting evidence to the contrary.</p><p><img src=\"https://static.tigerbbs.com/7817164bdd32445ac4f1e4197abf2ee9\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>Before his empire fell, FTX founder Sam Bankman-Fried had agreed to several deals that are now in limbo, including the purchase of Voyager.Credit:Bloomberg</p><p>“The exchanges must be halted immediately,” Ryne Miller, a top FTX lawyer, wrote in an email to Bankman-Fried and other staff November 10. “The founding team is not currently in a cooperative posture.”</p><p>Bankman-Fried eventually relented, stepping down as FTX’s chief executive and authorising the company to file for bankruptcy. Dozens of pages of internal company emails and texts obtained by <i>The New York Times</i> offer a detailed look at those chaotic final days, as messages flew back and forth among FTX officials who seemed to be growing increasingly irritated with the 30-year-old founder.</p><p>Throughout, Bankman-Fried appeared deluded about FTX’s prospects, insisting that he could find a way to keep the company running, the documents show. A day before the bankruptcy filing, he told employees that he was trying to raise new funding, and as recently as last week he said he regretted authorising the bankruptcy.</p><p>The messages reviewed by <i>The Times</i> and interviews with insiders show how a small group of lawyers and executives struggled to get through to Bankman-Fried, even appealing to his father as they pressed their case. While Bankman-Fried was scrambling to line up investors, Miller sent a text to top staff describing the prospect of a fundraise as “0% likelihood.”</p><p>The push and pull continued into the early hours of November 11, when Miller sent a series of messages urging Bankman-Fried to sign papers so the company could file for bankruptcy.</p><p>“Please can you sign the document,” he wrote at 2:29 a.m.</p><p>FTX’s implosion has set off one of the worst upheavals in the history of crypto. Until this month, Bankman-Fried was regarded as one of the few trustworthy figures in a freewheeling, loosely regulated industry. He built a business empire, invested in smaller crypto firms and lobbied aggressively in Washington.</p><p>Now his actions are devastating the industry. Hundreds of thousands of customers stored their funds on FTX, which provided a marketplace for people to buy and sell digital coins; the exchange owes its creditors an estimated $US8 billion ($12 billion). And since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure, as fears grow that the collapse could cause other companies to fail. On Monday, the crypto lender BlockFi filed for bankruptcy, citing the fallout from FTX’s disintegration.</p><p><img src=\"https://static.tigerbbs.com/32f2132b7d404efd1ddccd3bc0e6eb7d\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>The FTX saga has left the entire industry crypto industry rattled. Credit:Getty</p><p>The legal ramifications are only beginning to take shape. Justice Department prosecutors are investigating FTX’s downfall, focusing on whether the exchange broke the law by lending its customers’ funds to the hedge fund Alameda Research, which Bankman-Fried also founded and owned. In bankruptcy court, FTX’s new chief executive has harshly criticised Bankman-Fried’s management of the company, calling it a “complete failure of corporate control.”</p><p>Reached by phone Sunday night, Bankman-Fried declined to address the messages that top executives exchanged leading up to the bankruptcy filing. But he said that even after FTX’s collapse, he had found “numerous parties” willing to invest funds. He declined to name any of the possible investors.</p><p>Miller and an FTX spokesman declined to comment.</p><p>The crisis began November 8, when Bankman-Fried announced that a run on deposits at FTX had forced him to sell the company to one of its bitterest rivals, Binance. For about a day, the deal raised the prospect that FTX could survive as part of a giant exchange run by Binance. But after reviewing FTX’s financial records, Binance pulled out of the agreement, citing issues with “corporate due diligence.”</p><p>“Sam, I’m sorry,” Binance’s founder, Changpeng Zhao, wrote in a text message to Bankman-Fried. “But we won’t be able to continue this deal. Way too many issues. CZ.”</p><p>With FTX swiftly unravelling, Miller tried to seize control of the situation. A former lawyer for the Commodity Futures Trading Commission, Miller had served as general counsel of FTX’s U.S. arm since August 2021. While he never belonged to Bankman-Fried’s main circle of advisers in the Bahamas, where FTX was based, he had accompanied the young executive in meetings with regulators in Washington.</p><p>Early in the crisis, Caroline Ellison, the chief executive of Alameda, wrote in a group chat with Miller that she was “kinda worried that everyone is gonna quit/take time off,” adding an emoticon of a sweating face. Miller responded November 9 that FTX needed “a professional manager vested with decision-making authority.”</p><p>That afternoon, Miller asked Bankman-Fried and two other executives to shut down trading on FTX’s platforms</p><p>“Who can turn off the websites?” he asked in a group chat at 4:41 p.m.</p><p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> minutes later, he got a response from Constance Wang, FTX’s chief operating officer and one of Bankman-Fried’s top lieutenants.</p><p>“Ryne, I love you,” she wrote, “but I don’t want to stop trying yet.”</p><p>Miller and other FTX executives also urged Bankman-Fried to give up some control of his business empire. At one point, Zach Dexter, an executive who worked on FTX’s American business, asked Bankman-Fried to delegate authority over US operations to him and Miller. In an exchange on the messaging system Slack, Bankman-Fried at first appeared to dodge Dexter’s question. Instead, he responded with proposed language for a banner on FTX’s US website.</p><p><img src=\"https://static.tigerbbs.com/116265319d5567b7160bed4ca533e339\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>Since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure,Credit:AP</p><p>Soon other FTX officials joined in, urging Bankman-Fried to forgo some control.</p><p>But Bankman-Fried seemed convinced he could save FTX. In a message to employees November 10, he announced that he was hoping to secure new financing from crypto entrepreneur Justin Sun. FTX had “a lot theoretically in and/or potentially for the raise,” he wrote.</p><p>Behind the scenes, pressure was growing to appoint a new executive to lead the exchange. On the night of November 9, Andrew Dietderich, a lawyer at Sullivan &amp; Cromwell, sent FTX executives the resume of John Jay Ray III, a corporate turnaround expert who had led the unwinding of Enron after the energy company’s collapse in an accounting scandal in 2001.</p><p>“Sam this is an excellent pick and I wholeheartedly hope you sign this tonight,” Dexter wrote in an email on the evening of November 10. “The faster John is in place, the faster the company can resolve issues that require urgent progress.”</p><p>A flurry of emails followed. In a message at 3:38 a.m. on November 11, Miller asked for an update on Bankman-Fried’s decision.</p><p>“I am chatting with Sam,” responded Ken Ziman, a lawyer at the firm Paul Weiss who was representing Bankman-Fried.</p><p>Ten minutes later, Ziman confirmed that Bankman-Fried had signed the document, authorising Ray to take over FTX. The company filed for bankruptcy a few hours later.</p><p>Bankman-Fried was also frustrated. Despite giving up control of FTX, he continued contacting possible investors about new funding for the exchange. In a letter to former colleagues last week, he said he regretted filing for bankruptcy, claiming that “potential interest in billions of dollars of funding came in roughly eight minutes after I signed the Chapter 11 docs.”</p><p>He presented no evidence for that claim, and in any case, FTX was no longer his company to run. On the morning of November 11, Miller moved quickly to make that clear, requesting the deletion of information about the firm’s old leadership from its website.</p><p>“Who can go to FTX.com and FTX US and remove the pictures and bios of the people under ‘about,’” he asked in a group chat with other executives.</p></body></html>","source":"smh_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>\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX</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\">\n\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-30 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html><strong>The Sydney Morning Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.But his attempt to calm the ...</p>\n\n<a href=\"https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287859746","content_text":"When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.But his attempt to calm the situation belied what had just taken place within the company. As the crisis unfolded, a group of FTX lawyers and executives moved to strip authority from Bankman-Fried and urged the company’s top leaders to prepare for bankruptcy. For days, Bankman-Fried ignored their warnings and clung to power, seemingly convinced that he could save the firm, despite mounting evidence to the contrary.Before his empire fell, FTX founder Sam Bankman-Fried had agreed to several deals that are now in limbo, including the purchase of Voyager.Credit:Bloomberg“The exchanges must be halted immediately,” Ryne Miller, a top FTX lawyer, wrote in an email to Bankman-Fried and other staff November 10. “The founding team is not currently in a cooperative posture.”Bankman-Fried eventually relented, stepping down as FTX’s chief executive and authorising the company to file for bankruptcy. Dozens of pages of internal company emails and texts obtained by The New York Times offer a detailed look at those chaotic final days, as messages flew back and forth among FTX officials who seemed to be growing increasingly irritated with the 30-year-old founder.Throughout, Bankman-Fried appeared deluded about FTX’s prospects, insisting that he could find a way to keep the company running, the documents show. A day before the bankruptcy filing, he told employees that he was trying to raise new funding, and as recently as last week he said he regretted authorising the bankruptcy.The messages reviewed by The Times and interviews with insiders show how a small group of lawyers and executives struggled to get through to Bankman-Fried, even appealing to his father as they pressed their case. While Bankman-Fried was scrambling to line up investors, Miller sent a text to top staff describing the prospect of a fundraise as “0% likelihood.”The push and pull continued into the early hours of November 11, when Miller sent a series of messages urging Bankman-Fried to sign papers so the company could file for bankruptcy.“Please can you sign the document,” he wrote at 2:29 a.m.FTX’s implosion has set off one of the worst upheavals in the history of crypto. Until this month, Bankman-Fried was regarded as one of the few trustworthy figures in a freewheeling, loosely regulated industry. He built a business empire, invested in smaller crypto firms and lobbied aggressively in Washington.Now his actions are devastating the industry. Hundreds of thousands of customers stored their funds on FTX, which provided a marketplace for people to buy and sell digital coins; the exchange owes its creditors an estimated $US8 billion ($12 billion). And since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure, as fears grow that the collapse could cause other companies to fail. On Monday, the crypto lender BlockFi filed for bankruptcy, citing the fallout from FTX’s disintegration.The FTX saga has left the entire industry crypto industry rattled. Credit:GettyThe legal ramifications are only beginning to take shape. Justice Department prosecutors are investigating FTX’s downfall, focusing on whether the exchange broke the law by lending its customers’ funds to the hedge fund Alameda Research, which Bankman-Fried also founded and owned. In bankruptcy court, FTX’s new chief executive has harshly criticised Bankman-Fried’s management of the company, calling it a “complete failure of corporate control.”Reached by phone Sunday night, Bankman-Fried declined to address the messages that top executives exchanged leading up to the bankruptcy filing. But he said that even after FTX’s collapse, he had found “numerous parties” willing to invest funds. He declined to name any of the possible investors.Miller and an FTX spokesman declined to comment.The crisis began November 8, when Bankman-Fried announced that a run on deposits at FTX had forced him to sell the company to one of its bitterest rivals, Binance. For about a day, the deal raised the prospect that FTX could survive as part of a giant exchange run by Binance. But after reviewing FTX’s financial records, Binance pulled out of the agreement, citing issues with “corporate due diligence.”“Sam, I’m sorry,” Binance’s founder, Changpeng Zhao, wrote in a text message to Bankman-Fried. “But we won’t be able to continue this deal. Way too many issues. CZ.”With FTX swiftly unravelling, Miller tried to seize control of the situation. A former lawyer for the Commodity Futures Trading Commission, Miller had served as general counsel of FTX’s U.S. arm since August 2021. While he never belonged to Bankman-Fried’s main circle of advisers in the Bahamas, where FTX was based, he had accompanied the young executive in meetings with regulators in Washington.Early in the crisis, Caroline Ellison, the chief executive of Alameda, wrote in a group chat with Miller that she was “kinda worried that everyone is gonna quit/take time off,” adding an emoticon of a sweating face. Miller responded November 9 that FTX needed “a professional manager vested with decision-making authority.”That afternoon, Miller asked Bankman-Fried and two other executives to shut down trading on FTX’s platforms“Who can turn off the websites?” he asked in a group chat at 4:41 p.m.Two minutes later, he got a response from Constance Wang, FTX’s chief operating officer and one of Bankman-Fried’s top lieutenants.“Ryne, I love you,” she wrote, “but I don’t want to stop trying yet.”Miller and other FTX executives also urged Bankman-Fried to give up some control of his business empire. At one point, Zach Dexter, an executive who worked on FTX’s American business, asked Bankman-Fried to delegate authority over US operations to him and Miller. In an exchange on the messaging system Slack, Bankman-Fried at first appeared to dodge Dexter’s question. Instead, he responded with proposed language for a banner on FTX’s US website.Since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure,Credit:APSoon other FTX officials joined in, urging Bankman-Fried to forgo some control.But Bankman-Fried seemed convinced he could save FTX. In a message to employees November 10, he announced that he was hoping to secure new financing from crypto entrepreneur Justin Sun. FTX had “a lot theoretically in and/or potentially for the raise,” he wrote.Behind the scenes, pressure was growing to appoint a new executive to lead the exchange. On the night of November 9, Andrew Dietderich, a lawyer at Sullivan & Cromwell, sent FTX executives the resume of John Jay Ray III, a corporate turnaround expert who had led the unwinding of Enron after the energy company’s collapse in an accounting scandal in 2001.“Sam this is an excellent pick and I wholeheartedly hope you sign this tonight,” Dexter wrote in an email on the evening of November 10. “The faster John is in place, the faster the company can resolve issues that require urgent progress.”A flurry of emails followed. In a message at 3:38 a.m. on November 11, Miller asked for an update on Bankman-Fried’s decision.“I am chatting with Sam,” responded Ken Ziman, a lawyer at the firm Paul Weiss who was representing Bankman-Fried.Ten minutes later, Ziman confirmed that Bankman-Fried had signed the document, authorising Ray to take over FTX. The company filed for bankruptcy a few hours later.Bankman-Fried was also frustrated. Despite giving up control of FTX, he continued contacting possible investors about new funding for the exchange. In a letter to former colleagues last week, he said he regretted filing for bankruptcy, claiming that “potential interest in billions of dollars of funding came in roughly eight minutes after I signed the Chapter 11 docs.”He presented no evidence for that claim, and in any case, FTX was no longer his company to run. On the morning of November 11, Miller moved quickly to make that clear, requesting the deletion of information about the firm’s old leadership from its website.“Who can go to FTX.com and FTX US and remove the pictures and bios of the people under ‘about,’” he asked in a group chat with other executives.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":664912589,"gmtCreate":1667696976745,"gmtModify":1676537952480,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Glike","listText":"Glike","text":"Glike","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/664912589","repostId":"1126084916","repostType":4,"repost":{"id":"1126084916","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":1667649988,"share":"https://ttm.financial/m/news/1126084916?lang=&edition=fundamental","pubTime":"2022-11-05 20:06","market":"us","language":"en","title":"Berkshire Hathaway Posts Quarterly Loss As Stock Holdings Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1126084916","media":"Reuters","summary":"Nov 5 (Reuters) - Berkshire Hathaway Inc(BRK)on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on its stock investments and from insuran","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/5123a6e2350392f040c0ac678a3ba3b5\" tg-width=\"6720\" tg-height=\"4480\" referrerpolicy=\"no-referrer\"/>Nov 5 (Reuters) - Berkshire Hathaway Inc(BRK)on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on its stock investments and from insurance underwriting.</p><p>The net loss of $2.69 billion, or $1,832 per Class A share, compared with a profit of $10.34 billion, or $6,882 per share, a year earlier.</p><p>Operating profit rose 20% to $7.76 billion, or about $5,294 per Class A share, from $6.47 billion, or about $4,331 per share, a year earlier, helped by foreign currency gains and improvement in several businesses.</p><p>Berkshire also repurchased $1.05 billion of its own stock in the quarter, and has repurchased $5.25 billion this year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway Posts Quarterly Loss As Stock Holdings Fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway Posts Quarterly Loss As Stock Holdings Fall\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\">2022-11-05 20:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/5123a6e2350392f040c0ac678a3ba3b5\" tg-width=\"6720\" tg-height=\"4480\" referrerpolicy=\"no-referrer\"/>Nov 5 (Reuters) - Berkshire Hathaway Inc(BRK)on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on its stock investments and from insurance underwriting.</p><p>The net loss of $2.69 billion, or $1,832 per Class A share, compared with a profit of $10.34 billion, or $6,882 per share, a year earlier.</p><p>Operating profit rose 20% to $7.76 billion, or about $5,294 per Class A share, from $6.47 billion, or about $4,331 per share, a year earlier, helped by foreign currency gains and improvement in several businesses.</p><p>Berkshire also repurchased $1.05 billion of its own stock in the quarter, and has repurchased $5.25 billion this year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126084916","content_text":"Nov 5 (Reuters) - Berkshire Hathaway Inc(BRK)on Saturday posted a third-quarter loss, as the conglomerate run by billionaire Warren Buffett said it lost money on its stock investments and from insurance underwriting.The net loss of $2.69 billion, or $1,832 per Class A share, compared with a profit of $10.34 billion, or $6,882 per share, a year earlier.Operating profit rose 20% to $7.76 billion, or about $5,294 per Class A share, from $6.47 billion, or about $4,331 per share, a year earlier, helped by foreign currency gains and improvement in several businesses.Berkshire also repurchased $1.05 billion of its own stock in the quarter, and has repurchased $5.25 billion this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":666485670,"gmtCreate":1665881532198,"gmtModify":1676537674179,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/666485670","repostId":"2275956132","repostType":4,"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162266515,"gmtCreate":1624065048737,"gmtModify":1703827928778,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Pls like n comment","listText":"Pls like n comment","text":"Pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/162266515","repostId":"1156696708","repostType":4,"repost":{"id":"1156696708","pubTimestamp":1624063306,"share":"https://ttm.financial/m/news/1156696708?lang=&edition=fundamental","pubTime":"2021-06-19 08:41","market":"us","language":"en","title":"Dow falls more than 500 points to close out its worst week since October","url":"https://stock-news.laohu8.com/highlight/detail?id=1156696708","media":"cnbc","summary":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since Octob","content":"<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow falls more than 500 points to close out its worst week since October</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow falls more than 500 points to close out its worst week since October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156696708","content_text":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-chip average dropped 533.37 points, or 1.6%, to 33,290.08. TheS&P 500slid 1.3% to 4,166.45. Both the Dow and S&P 500 hit their session lows in the final minutes of trading and closed around those levels. TheNasdaq Compositeclosed 0.9% lower at 14,030.38. Economic comeback plays led the market losses.\nFor the week, the 30-stock Dow lost 3.5%. The S&P 500 and Nasdaq were down by 1.9% and 0.2%, respectively, week to date.\nSt. Louis Federal Reserve President Jim Bullardtold CNBC's \"Squawk Box\"on Friday it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022. His comments came after the Fed on Wednesday added two rate hikes to its 2023 forecast and increased its inflation projection for the year, putting pressure on stock prices.\n\"The fear held by some investors is that if the Fed tightens policy sooner than expected to help cool inflationary pressures, this could weigh on future economic growth,\" Truist Advisory Services chief market strategist Keith Lerner said in a note. To be sure, he added it would be premature to give up on the so-called value trade right now.\nPockets of the market most sensitive to the economic rebound led the sell-off this week. The S&P 500 energy sector and industrials dropped 5.2% and 3.8%, respectively, for the week. Financials and materials meanwhile, lost more than 6% each. These groups had been market leaders this year on the back of the economic reopening.\nThe decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve. This means the yields of shorter-duration Treasurys — like the 2-year note — rose while longer-duration yields like the benchmark 10-year declined. The retreat in long-dated bond yields reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThis phenomenon hurt bank stocks particularly as their earnings could take a hit when the spread between short-term and long-term rates narrows. Bank of America and JPMorgan Chase shares on Friday lost more than 2% each. Citigroup fell by 1.8%, posting its 12th straight daily decline.\nFed Chairman Jerome Powell said Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\n\"This week's first whiff of an eventual change in Fed policy was a reminder that emergency monetary conditions and the free-money era will ultimately end,\" strategists at MRB Partners wrote in a note. \"We expect a series of incremental retreats from the Fed's benign inflation outlook in the coming months.\"\nCommodity prices were underpressure this weekas China attempted to cool rising prices and as the U.S. dollar strengthens. Copper, gold and platinum fell once again on Friday.\nFriday also coincided with the quarterly \"quadruple witching\" in which options and futures on indexes and equities expire. This event may have contributed to more volatile trading during the session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191226127,"gmtCreate":1620882414969,"gmtModify":1704349857036,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like and comment!","listText":"Like and comment!","text":"Like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/191226127","repostId":"2135584610","repostType":4,"repost":{"id":"2135584610","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":1620850937,"share":"https://ttm.financial/m/news/2135584610?lang=&edition=fundamental","pubTime":"2021-05-13 04:22","market":"us","language":"en","title":"Wall Street ends with broad sell-off on spiking inflation fears","url":"https://stock-news.laohu8.com/highlight/detail?id=2135584610","media":"Reuters","summary":"* Indexes down: Dow 1.99%, S&P 2.14%, Nasdaq 2.67%. NEW YORK, May 12  - Wall Street closed lower on Wednesday with the S&P suffering its biggest $one$-day percentage drop since February, as inflation data fueled concerns over whether interest rate hikes from the Fed could happen sooner than anticipated.All three major U.S. stock indexes ended the session deep in the red following the Labor Department's April consumer prices report, which showed the biggest rise in nearly 12 years.The report was ","content":"<p>* U.S. consumer prices jump most since June 2009</p><p>* Megacap growth stocks weigh heaviest</p><p>* Energy shares gain as crude climbs</p><p>* Indexes down: Dow 1.99%, S&amp;P 2.14%, Nasdaq 2.67%</p><p>NEW YORK, May 12 (Reuters) - Wall Street closed lower on Wednesday with the S&amp;P suffering its biggest <a href=\"https://laohu8.com/S/AONE\">one</a>-day percentage drop since February, as inflation data fueled concerns over whether interest rate hikes from the Fed could happen sooner than anticipated.</p><p>All three major U.S. stock indexes ended the session deep in the red following the Labor Department's April consumer prices report, which showed the biggest rise in nearly 12 years.</p><p>The report was hotly anticipated by market participants who have grown increasingly worried over whether current price jumps will defy the U.S. Federal Reserve's reassurances by morphing into long-term inflation.</p><p>But pent-up demand from consumers flush with stimulus and savings is colliding with a supply drought, sending commodity prices spiking, while a labor shortage drives wages higher.</p><p>\"The topic on everyone's mind is obviously inflation,\" said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. \"It's something the (Fed) has been looking for and they're finally getting their wish.\"</p><p>\"The question is how long will its fires run hot before starting to simmer?\"</p><p>That concern is shared by Stuart Cole, head macro economist at Equiti Capital in London.</p><p>\"Going forward, the big question is just how long can the Fed maintain its dovish stance in opposition to the markets,\" Cole said. \"Particularly if companies begin raising wages to encourage unemployed labor back into the workforce, in turn driving a large hole in the Fed’s transitory inflation argument.\"</p><p>Core consumer prices <a href=\"https://laohu8.com/S/CPI.UK\">$(CPI.UK)$</a>, which exclude volatile food and energy items, grew at 3% year-on-year, shooting above the central bank's average annual 2% inflation growth target.</p><p>The Dow Jones Industrial Averagefell 681.5 points, or 1.99%, to 33,587.66, the S&amp;P 500    lost 89.06 points, or 2.14%, to 4,063.04 and the Nasdaq Composite    dropped 357.75 points, or 2.67%, to 13,031.68.</p><p>Of the 11 major sectors in the S&amp;P 500, 10 closed in negative territory, with consumer discretionary    down most.</p><p>Energy&nbsp;was the sole gainer, advancing 0.1%, boosted by rising crude prices.</p><p>Market-leading mega-caps, including Amazon.com Inc, Apple Inc, Alphabet In, Microsoft Corp&nbsp;and Tesla Inc, fell between 2% and 3% as investors shied away from what many feel are stretched valuations.</p><p>\"The CPI number being stronger than expected has led to further weakness in tech stocks,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. \"Tech investors are concerned that higher rates are going to lead to multiple compression and less attractive valuations for tech names in a higher rate environment.\"</p><p>The CBOE Volatility index   , a gauge of market anxiety, close at 27.64, its highest level since March 4.</p><p>Online dating platform Bumble Inc    gained in after-hours trading after posting quarterly results.</p><p>First-quarter earnings season is on the wane, with 456 constituents of the S&amp;P 500 having reported. Of those, 86.8% have beaten consensus estimates, according to Refinitiv IBES.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 6.05-to-1 ratio; on Nasdaq, a 3.84-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted nine new 52-week highs and no new lows; the Nasdaq Composite recorded 34 new highs and 118 new lows.</p><p>Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.44 billion average over the last 20 trading days.</p><p><b><i>Financial&nbsp;Report</i></b></p><p><a href=\"https://laohu8.com/NW/2135975610\" target=\"_blank\">AppLovin stock wobbles following first public quarterly results</a></p><p><a href=\"https://laohu8.com/NW/2135361078\" target=\"_blank\">Wish stock plunges after earnings, is more than half off the IPO price</a></p><p><a href=\"https://laohu8.com/NW/2135610373\" target=\"_blank\">Poshmark Q1 sales rise 42%, but stock tanks after hours</a></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends with broad sell-off on spiking inflation fears</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends with broad sell-off on spiking inflation fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-13 04:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* U.S. consumer prices jump most since June 2009</p><p>* Megacap growth stocks weigh heaviest</p><p>* Energy shares gain as crude climbs</p><p>* Indexes down: Dow 1.99%, S&amp;P 2.14%, Nasdaq 2.67%</p><p>NEW YORK, May 12 (Reuters) - Wall Street closed lower on Wednesday with the S&amp;P suffering its biggest <a href=\"https://laohu8.com/S/AONE\">one</a>-day percentage drop since February, as inflation data fueled concerns over whether interest rate hikes from the Fed could happen sooner than anticipated.</p><p>All three major U.S. stock indexes ended the session deep in the red following the Labor Department's April consumer prices report, which showed the biggest rise in nearly 12 years.</p><p>The report was hotly anticipated by market participants who have grown increasingly worried over whether current price jumps will defy the U.S. Federal Reserve's reassurances by morphing into long-term inflation.</p><p>But pent-up demand from consumers flush with stimulus and savings is colliding with a supply drought, sending commodity prices spiking, while a labor shortage drives wages higher.</p><p>\"The topic on everyone's mind is obviously inflation,\" said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. \"It's something the (Fed) has been looking for and they're finally getting their wish.\"</p><p>\"The question is how long will its fires run hot before starting to simmer?\"</p><p>That concern is shared by Stuart Cole, head macro economist at Equiti Capital in London.</p><p>\"Going forward, the big question is just how long can the Fed maintain its dovish stance in opposition to the markets,\" Cole said. \"Particularly if companies begin raising wages to encourage unemployed labor back into the workforce, in turn driving a large hole in the Fed’s transitory inflation argument.\"</p><p>Core consumer prices <a href=\"https://laohu8.com/S/CPI.UK\">$(CPI.UK)$</a>, which exclude volatile food and energy items, grew at 3% year-on-year, shooting above the central bank's average annual 2% inflation growth target.</p><p>The Dow Jones Industrial Averagefell 681.5 points, or 1.99%, to 33,587.66, the S&amp;P 500    lost 89.06 points, or 2.14%, to 4,063.04 and the Nasdaq Composite    dropped 357.75 points, or 2.67%, to 13,031.68.</p><p>Of the 11 major sectors in the S&amp;P 500, 10 closed in negative territory, with consumer discretionary    down most.</p><p>Energy&nbsp;was the sole gainer, advancing 0.1%, boosted by rising crude prices.</p><p>Market-leading mega-caps, including Amazon.com Inc, Apple Inc, Alphabet In, Microsoft Corp&nbsp;and Tesla Inc, fell between 2% and 3% as investors shied away from what many feel are stretched valuations.</p><p>\"The CPI number being stronger than expected has led to further weakness in tech stocks,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. \"Tech investors are concerned that higher rates are going to lead to multiple compression and less attractive valuations for tech names in a higher rate environment.\"</p><p>The CBOE Volatility index   , a gauge of market anxiety, close at 27.64, its highest level since March 4.</p><p>Online dating platform Bumble Inc    gained in after-hours trading after posting quarterly results.</p><p>First-quarter earnings season is on the wane, with 456 constituents of the S&amp;P 500 having reported. Of those, 86.8% have beaten consensus estimates, according to Refinitiv IBES.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 6.05-to-1 ratio; on Nasdaq, a 3.84-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted nine new 52-week highs and no new lows; the Nasdaq Composite recorded 34 new highs and 118 new lows.</p><p>Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.44 billion average over the last 20 trading days.</p><p><b><i>Financial&nbsp;Report</i></b></p><p><a href=\"https://laohu8.com/NW/2135975610\" target=\"_blank\">AppLovin stock wobbles following first public quarterly results</a></p><p><a href=\"https://laohu8.com/NW/2135361078\" target=\"_blank\">Wish stock plunges after earnings, is more than half off the IPO price</a></p><p><a href=\"https://laohu8.com/NW/2135610373\" target=\"_blank\">Poshmark Q1 sales rise 42%, but stock tanks after hours</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2135584610","content_text":"* U.S. consumer prices jump most since June 2009* Megacap growth stocks weigh heaviest* Energy shares gain as crude climbs* Indexes down: Dow 1.99%, S&P 2.14%, Nasdaq 2.67%NEW YORK, May 12 (Reuters) - Wall Street closed lower on Wednesday with the S&P suffering its biggest one-day percentage drop since February, as inflation data fueled concerns over whether interest rate hikes from the Fed could happen sooner than anticipated.All three major U.S. stock indexes ended the session deep in the red following the Labor Department's April consumer prices report, which showed the biggest rise in nearly 12 years.The report was hotly anticipated by market participants who have grown increasingly worried over whether current price jumps will defy the U.S. Federal Reserve's reassurances by morphing into long-term inflation.But pent-up demand from consumers flush with stimulus and savings is colliding with a supply drought, sending commodity prices spiking, while a labor shortage drives wages higher.\"The topic on everyone's mind is obviously inflation,\" said Matthew Keator, managing partner in the Keator Group, a wealth management firm in Lenox, Massachusetts. \"It's something the (Fed) has been looking for and they're finally getting their wish.\"\"The question is how long will its fires run hot before starting to simmer?\"That concern is shared by Stuart Cole, head macro economist at Equiti Capital in London.\"Going forward, the big question is just how long can the Fed maintain its dovish stance in opposition to the markets,\" Cole said. \"Particularly if companies begin raising wages to encourage unemployed labor back into the workforce, in turn driving a large hole in the Fed’s transitory inflation argument.\"Core consumer prices $(CPI.UK)$, which exclude volatile food and energy items, grew at 3% year-on-year, shooting above the central bank's average annual 2% inflation growth target.The Dow Jones Industrial Averagefell 681.5 points, or 1.99%, to 33,587.66, the S&P 500    lost 89.06 points, or 2.14%, to 4,063.04 and the Nasdaq Composite    dropped 357.75 points, or 2.67%, to 13,031.68.Of the 11 major sectors in the S&P 500, 10 closed in negative territory, with consumer discretionary    down most.Energy was the sole gainer, advancing 0.1%, boosted by rising crude prices.Market-leading mega-caps, including Amazon.com Inc, Apple Inc, Alphabet In, Microsoft Corp and Tesla Inc, fell between 2% and 3% as investors shied away from what many feel are stretched valuations.\"The CPI number being stronger than expected has led to further weakness in tech stocks,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. \"Tech investors are concerned that higher rates are going to lead to multiple compression and less attractive valuations for tech names in a higher rate environment.\"The CBOE Volatility index   , a gauge of market anxiety, close at 27.64, its highest level since March 4.Online dating platform Bumble Inc    gained in after-hours trading after posting quarterly results.First-quarter earnings season is on the wane, with 456 constituents of the S&P 500 having reported. Of those, 86.8% have beaten consensus estimates, according to Refinitiv IBES.Declining issues outnumbered advancing ones on the NYSE by a 6.05-to-1 ratio; on Nasdaq, a 3.84-to-1 ratio favored decliners.The S&P 500 posted nine new 52-week highs and no new lows; the Nasdaq Composite recorded 34 new highs and 118 new lows.Volume on U.S. exchanges was 11.82 billion shares, compared with the 10.44 billion average over the last 20 trading days.Financial ReportAppLovin stock wobbles following first public quarterly resultsWish stock plunges after earnings, is more than half off the IPO pricePoshmark Q1 sales rise 42%, but stock tanks after hours","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":664072172,"gmtCreate":1667612249600,"gmtModify":1676537944079,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/664072172","repostId":"2281680644","repostType":4,"repost":{"id":"2281680644","pubTimestamp":1667603225,"share":"https://ttm.financial/m/news/2281680644?lang=&edition=fundamental","pubTime":"2022-11-05 07:07","market":"us","language":"en","title":"US STOCKS-Wall St Rallies to Close Out Soft Week After Jobs Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2281680644","media":"Reuters","summary":"Data shows strong jobs growth, uptick in jobless rateStarbucks, DoorDash jump on upbeat resultsU.S-listed China firms rise on reopening hopesDow up 1.26%, S&P 500 up 1.36%, Nasdaq up 1.28%U.S. stocks ","content":"<html><head></head><body><ul><li>Data shows strong jobs growth, uptick in jobless rate</li><li>Starbucks, DoorDash jump on upbeat results</li><li>U.S-listed China firms rise on reopening hopes</li><li>Dow up 1.26%, S&amp;P 500 up 1.36%, Nasdaq up 1.28%</li></ul><p>U.S. stocks closed higher on Friday in volatile trade to snap a four-session losing streak as investors wrestled with a mixed jobs report and comments from Federal Reserve officials on the pace of interest rate hikes.</p><p>The S&amp;P 500 and the Nasdaq each rose as much as 2% in the early stages of trading while the Dow Jones Industrial Average climbed as much as 1.9% on the heels of the closely watched labor market report, before paring gains and briefly falling into negative territory. The report showed an uptick in the unemployment rate in October, indicating some signs of slack may finally be starting to emerge in the job market and give the Fed room to downsize its rate hikes beginning in December.</p><p>But the data also showed average hourly earnings rose slightly more than expected, as did job growth, pointing to a labor market that largely remains on firm footing.</p><p>Labor market data has been a primary focus for markets as the Fed has repeatedly stated it is looking for some cooling before considering a pause in hikes. Hawkish comments from Fed Chair Jerome Powell on Wednesday increased worries the central bank could keep boosting interest rates for longer than previously expected and put further pressure on stocks.</p><p>&#34;This was not a report that shows the rate hikes are starting to take hold,&#34; said Shawn Cruz, head trading strategist at TD Ameritrade in Chicago.</p><p>&#34;You could maybe justify some of this move as this selling got a little overdone after what Powell said at the meeting, so maybe you already had the sellers flushed out.&#34;</p><p>On Friday, Fed officials echoed Powell&#39;s comments about potentially decreasing the size of rate hikes in the future, but needing to continue to raise rates for a longer period of time and potentially above the 4.6% level the central bank penciled in at its September meeting.</p><p>Equities got a boost late in the session after Chicago Fed President Charles Evans said it was possible for the Fed to be &#34;thinking&#34; about pausing even if it&#39;s a year from now.</p><p>The Dow Jones Industrial Average rose 401.97 points, or 1.26%, to 32,403.22, the S&amp;P 500 gained 50.66 points, or 1.36%, to 3,770.55 and the Nasdaq Composite added 132.31 points, or 1.28%, to 10,475.25.</p><p>For the week, the Dow fell 1.39% to snap a four-week winning streak, the S&amp;P dropped 3.34% and the Nasdaq slid 5.65% for its biggest weekly percentage decline since January.</p><p>The non-farm payrolls report comes after a conflicting set of data this week that pointed to a slowdown in certain parts of the economy but also underscored the resilience of the U.S. labor market despite aggressive rate hikes to tame inflation.</p><p>Traders&#39; expectations of a 75 basis point rate hike in December had briefly jumped after the jobs report but were now pricing in about a 62% chance of a 50 basis point hike, according to CME&#39;s FedWatch Tool.</p><p>Market focus will now turn to a key consumer inflation reading due next week as well as the U.S. midterm elections on Nov. 8, where control of Congress is at stake.</p><p>Meanwhile, hopes of an easing in China&#39;s tough COVID-19 curbs supported some areas of the market, with U.S.-listed shares of Chinese companies including Alibaba, which finished up 7.05% and JD.com, up 9.74%.</p><p>Those hopes also helped boost prices of commodities such as copper, which in turn lifted the materials sector 3.41% as the best performing of the 11 major S&amp;P sectors.</p><p>Starbucks Corp jumped 8.48% after it topped Wall Street estimates for quarterly comparable sales and profit, while DoorDash Inc&#39;s revenue beat boosted the food delivery firm&#39;s shares by 8.32%.</p><p>Volume on U.S. exchanges was 13.31 billion shares, compared with the 11.74 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.56-to-1 ratio; on Nasdaq, a 1.41-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 18 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 81 new highs and 278 new lows.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Rallies to Close Out Soft Week After Jobs Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Rallies to Close Out Soft Week After Jobs Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-05 07:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-st-rallies-202354523.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Data shows strong jobs growth, uptick in jobless rateStarbucks, DoorDash jump on upbeat resultsU.S-listed China firms rise on reopening hopesDow up 1.26%, S&P 500 up 1.36%, Nasdaq up 1.28%U.S. stocks ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-st-rallies-202354523.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-st-rallies-202354523.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2281680644","content_text":"Data shows strong jobs growth, uptick in jobless rateStarbucks, DoorDash jump on upbeat resultsU.S-listed China firms rise on reopening hopesDow up 1.26%, S&P 500 up 1.36%, Nasdaq up 1.28%U.S. stocks closed higher on Friday in volatile trade to snap a four-session losing streak as investors wrestled with a mixed jobs report and comments from Federal Reserve officials on the pace of interest rate hikes.The S&P 500 and the Nasdaq each rose as much as 2% in the early stages of trading while the Dow Jones Industrial Average climbed as much as 1.9% on the heels of the closely watched labor market report, before paring gains and briefly falling into negative territory. The report showed an uptick in the unemployment rate in October, indicating some signs of slack may finally be starting to emerge in the job market and give the Fed room to downsize its rate hikes beginning in December.But the data also showed average hourly earnings rose slightly more than expected, as did job growth, pointing to a labor market that largely remains on firm footing.Labor market data has been a primary focus for markets as the Fed has repeatedly stated it is looking for some cooling before considering a pause in hikes. Hawkish comments from Fed Chair Jerome Powell on Wednesday increased worries the central bank could keep boosting interest rates for longer than previously expected and put further pressure on stocks.\"This was not a report that shows the rate hikes are starting to take hold,\" said Shawn Cruz, head trading strategist at TD Ameritrade in Chicago.\"You could maybe justify some of this move as this selling got a little overdone after what Powell said at the meeting, so maybe you already had the sellers flushed out.\"On Friday, Fed officials echoed Powell's comments about potentially decreasing the size of rate hikes in the future, but needing to continue to raise rates for a longer period of time and potentially above the 4.6% level the central bank penciled in at its September meeting.Equities got a boost late in the session after Chicago Fed President Charles Evans said it was possible for the Fed to be \"thinking\" about pausing even if it's a year from now.The Dow Jones Industrial Average rose 401.97 points, or 1.26%, to 32,403.22, the S&P 500 gained 50.66 points, or 1.36%, to 3,770.55 and the Nasdaq Composite added 132.31 points, or 1.28%, to 10,475.25.For the week, the Dow fell 1.39% to snap a four-week winning streak, the S&P dropped 3.34% and the Nasdaq slid 5.65% for its biggest weekly percentage decline since January.The non-farm payrolls report comes after a conflicting set of data this week that pointed to a slowdown in certain parts of the economy but also underscored the resilience of the U.S. labor market despite aggressive rate hikes to tame inflation.Traders' expectations of a 75 basis point rate hike in December had briefly jumped after the jobs report but were now pricing in about a 62% chance of a 50 basis point hike, according to CME's FedWatch Tool.Market focus will now turn to a key consumer inflation reading due next week as well as the U.S. midterm elections on Nov. 8, where control of Congress is at stake.Meanwhile, hopes of an easing in China's tough COVID-19 curbs supported some areas of the market, with U.S.-listed shares of Chinese companies including Alibaba, which finished up 7.05% and JD.com, up 9.74%.Those hopes also helped boost prices of commodities such as copper, which in turn lifted the materials sector 3.41% as the best performing of the 11 major S&P sectors.Starbucks Corp jumped 8.48% after it topped Wall Street estimates for quarterly comparable sales and profit, while DoorDash Inc's revenue beat boosted the food delivery firm's shares by 8.32%.Volume on U.S. exchanges was 13.31 billion shares, compared with the 11.74 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 2.56-to-1 ratio; on Nasdaq, a 1.41-to-1 ratio favored advancers.The S&P 500 posted 18 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 81 new highs and 278 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":662562983,"gmtCreate":1666660145746,"gmtModify":1676537784823,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/662562983","repostId":"1124445589","repostType":4,"repost":{"id":"1124445589","pubTimestamp":1666677047,"share":"https://ttm.financial/m/news/1124445589?lang=&edition=fundamental","pubTime":"2022-10-25 13:50","market":"sg","language":"en","title":"Is NIO Stock A Buy During The Dip? What To Consider","url":"https://stock-news.laohu8.com/highlight/detail?id=1124445589","media":"Seeking Alpha","summary":"SummaryNIO has seen its shares slump over the last year.Rising interest rates, supply chain issues, and geopoliticaltensions are to blame.That being said, NIO continues to grow its business and its ex","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>NIO has seen its shares slump over the last year.</li><li>Rising interest rates, supply chain issues, and geopolitical tensions are to blame.</li><li>That being said, NIO continues to grow its business and its expansion to Europe has started.</li></ul><p><b>Article Thesis</b></p><p>NIO Inc. (NYSE:NIO) has, like many other EV stocks, seen its shares decline quite a bit so far this year. This has made the stock a lot cheaper, relative to where NIO traded when its shares hit their highs last year. At the same time, NIO has made some operational progress and started its expansion into Europe. NIO isn&#39;t profitable yet, and thus may not be suitable for risk-averse investors. But its current valuation is not very demanding, and the company&#39;s growth potential is strong.</p><p><b>Why Has NIO&#39;s Price Dipped?</b></p><p>NIO has seen its share price decline by 72% over the last year. More recently, its share price performance has been far from great, too. Over the last month, NIO&#39;s stock price declined by a little over 40%, which destroyed more than $10 billion in market capitalization. There are several factors at play when it comes to explaining NIO&#39;s share price decline.</p><p>First, the company had been trading at a rather high valuation last year, when the market was overly optimistic about EV stocks. NIO, along with stocks such as Tesla (TSLA), Lucid (LCID), Rivian (RIVN), and so on, was trading at a very high valuation back then. Since then, enthusiasm has waned, which is why all of these and many additional EV stocks have performed badly in that time frame, some even worse than NIO.</p><p>Second, rising interest rates are a headwind for companies such as NIO. The company is not profitable yet but has a strong growth outlook, which should allow it to become profitable eventually. All of NIO&#39;s profits thus will be generated years or decades from now. In a zero-interest-rate environment, where discount rates in DCF models are low, these not-yet-profitable long-duration assets may be trading at high valuations. But since interest rates have risen sharply this year, including over the last couple of weeks, discount rates have risen, which has an especially large impact on growth stocks/long-duration assets, whereas less expensive value stocks aren&#39;t impacted as much.</p><p>On top of that, the market has also become more worried about Chinese equities in general, due to geopolitical tensions, and it is nevertheless a macro risk for companies such as NIO. It should be noted that many US-based companies could be highly impacted by growing tensions as well, such as Tesla with its large China footprint, or Apple (AAPL) that generates billions of dollars in revenue in China.</p><p>NIO has also been impacted by some company-specific items, such as its weaker-than-expected growth in recent months. During September, the most recent month we have data for, NIO&#39;s deliveries totaled 10,900 vehicles. That&#39;s just up by 2% year over year. Q3 numbers overall were better, but with a 29% year-over-year growth rate NIO grew less than the overall EV market in China, and it underperformed competitors such as BYD (OTCPK: BYDDY), which delivered growth of close to 200% in the same time frame. NIO&#39;s smaller peers, such as XPeng (XPEV) and Li Auto (LI) also did not grow their sales as much as the market, thus NIO was not the only EV player that saw its sales growth rate dip. Nevertheless, market share losses aren&#39;t positive, and BYD has shown that it was possible for Chinese EV players to grow considerably in recent months.</p><p>NIO&#39;s management has stated that the not overly high delivery growth rate was caused by supply chain issues and that there is not a demand problem. That&#39;s good news, as supply chain issues can and will be solved, especially once COVID measures in China ease. As long as NIO&#39;s brand remains strong and there is demand for its vehicles, the underwhelming deliveries growth rate thus looks like a temporary issue. It&#39;s nevertheless clear that other EV players, mainly BYD, have apparently managed to handle supply chain issues better, which could be due to BYD&#39;s larger size that allows for more experience in sourcing material from different suppliers, etc.</p><p><b>What Is NIO&#39;s Outlook?</b></p><p>As an EV pureplay, NIO&#39;s market potential depends on the ongoing growth of the global EV market. Especially in NIO&#39;s home country, China, where growth has been excellent in the recent past. In China, around 20% of new vehicles are NEVs, or new energy vehicles. This primarily includes EVs (plug-in hybrids and BEVs) while other technologies such as hydrogen play a negligible role for now. With millions of EVs being sold in China alone (in September NEV sales totaled more than 600,000), and with that number growing at a rate of almost 100% year over year, there is a huge and rapidly expanding market opportunity in NIO&#39;s home country - the most important EV market in the world.</p><p>NIO&#39;s vehicles are above-average in price and quality, which is why the company can&#39;t address all parts of the market. But even the premium market it addresses is very large and growing rapidly, showcased, for example, by Tesla&#39;s sales pace. NIO&#39;s production constraints should ease going forward, based on easing supply chain worries that I expect over the next couple of quarters as lockdown measures in China will hopefully wane eventually and since companies adapt to these issues over time.</p><p>NIO is also expanding outside of its home market, China. Recently, the company opened its first battery-swapping station in Germany, which is Europe&#39;s largest automobile market, where other EV companies also see a lot of potential - such as Tesla, which built a Gigafactory there. NIO had already been active in Norway before that, which is usually the first European market EV companies from outside of Europe expand to. Now, NIO is active in several European markets, including the Netherlands, Sweden, and Denmark, on top of the aforementioned Norway and Germany. The first model that was introduced in Europe is the ET7, NIO&#39;s high-end sedan, but NIO will introduce additional models over time. The company plans to build 20 swapping stations in Europe by the end of the year, which will introduce the vast European market to NIO&#39;s unique tech that differentiates it from other EV players where consumers have to accept long charging times, whereas NIO&#39;s battery swaps only require a couple of minutes, thereby providing a clear unique selling point that should be beneficial for NIO&#39;s potential to sell vehicles.</p><p>Between these factors, NIO should be able to grow its business very meaningfully over the next couple of years. Of course, revenues alone do not make a company a great investment, thus NIO will have to prove that it can also generate compelling profits over time. Thanks to the high prices for its vehicles, as it sells to the less price-sensitive premium market, that should be possible, although the exact timing when it will first become profitable is not yet known.</p><p>From a valuation basis, NIO does not look very expensive versus other EV players:</p><p><img src=\"https://static.tigerbbs.com/f2b729bebc2b8e3d904230bbdbf463a4\" tg-width=\"635\" tg-height=\"501\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>XPeng is less expensive than NIO, but other relevant peers such as Li, Tesla, Lucid, and Rivian are more expensive on a price-to-sales basis. Especially the three US-based peers, which are trading at way higher valuations than NIO, which makes NIO look attractive by comparison.</p><p><b>Is NIO Stock A Buy, Hold, Or Sell?</b></p><p>NIO is battling with some supply chain problems, which is why its growth in recent quarters wasn&#39;t overly strong. Still, NIO hit a new record in Q3, and delivered growth in the 30% range, which is far from bad. With the ongoing expansion in Europe, growth could accelerate going forward, especially when/if China eases its COVID policy.</p><p>From a valuation perspective, NIO looks like one of the better EV players, as it trades at a hefty discount relative to many of its peers. That being said, there are some China-specific risks that investors should consider. If geopolitical tensions escalate further, an investment in Chinese companies such as NIO could be risky, although that would also impact American companies that are reliant on the Chinese market, such as Tesla.</p><p>Overall, NIO has some opportunities, but in the current environment of rising interest rates and macro uncertainties, it is far from a sure bet that NIO will rise in the near term. I thus am neutral when it comes to NIO right now.</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>Is NIO Stock A Buy During The Dip? What To Consider</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs NIO Stock A Buy During The Dip? What To Consider\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-25 13:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4548536-is-nio-stock-buy-during-dip><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryNIO has seen its shares slump over the last year.Rising interest rates, supply chain issues, and geopolitical tensions are to blame.That being said, NIO continues to grow its business and its ...</p>\n\n<a href=\"https://seekingalpha.com/article/4548536-is-nio-stock-buy-during-dip\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","NIO.SI":"蔚来","09866":"蔚来-SW"},"source_url":"https://seekingalpha.com/article/4548536-is-nio-stock-buy-during-dip","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124445589","content_text":"SummaryNIO has seen its shares slump over the last year.Rising interest rates, supply chain issues, and geopolitical tensions are to blame.That being said, NIO continues to grow its business and its expansion to Europe has started.Article ThesisNIO Inc. (NYSE:NIO) has, like many other EV stocks, seen its shares decline quite a bit so far this year. This has made the stock a lot cheaper, relative to where NIO traded when its shares hit their highs last year. At the same time, NIO has made some operational progress and started its expansion into Europe. NIO isn't profitable yet, and thus may not be suitable for risk-averse investors. But its current valuation is not very demanding, and the company's growth potential is strong.Why Has NIO's Price Dipped?NIO has seen its share price decline by 72% over the last year. More recently, its share price performance has been far from great, too. Over the last month, NIO's stock price declined by a little over 40%, which destroyed more than $10 billion in market capitalization. There are several factors at play when it comes to explaining NIO's share price decline.First, the company had been trading at a rather high valuation last year, when the market was overly optimistic about EV stocks. NIO, along with stocks such as Tesla (TSLA), Lucid (LCID), Rivian (RIVN), and so on, was trading at a very high valuation back then. Since then, enthusiasm has waned, which is why all of these and many additional EV stocks have performed badly in that time frame, some even worse than NIO.Second, rising interest rates are a headwind for companies such as NIO. The company is not profitable yet but has a strong growth outlook, which should allow it to become profitable eventually. All of NIO's profits thus will be generated years or decades from now. In a zero-interest-rate environment, where discount rates in DCF models are low, these not-yet-profitable long-duration assets may be trading at high valuations. But since interest rates have risen sharply this year, including over the last couple of weeks, discount rates have risen, which has an especially large impact on growth stocks/long-duration assets, whereas less expensive value stocks aren't impacted as much.On top of that, the market has also become more worried about Chinese equities in general, due to geopolitical tensions, and it is nevertheless a macro risk for companies such as NIO. It should be noted that many US-based companies could be highly impacted by growing tensions as well, such as Tesla with its large China footprint, or Apple (AAPL) that generates billions of dollars in revenue in China.NIO has also been impacted by some company-specific items, such as its weaker-than-expected growth in recent months. During September, the most recent month we have data for, NIO's deliveries totaled 10,900 vehicles. That's just up by 2% year over year. Q3 numbers overall were better, but with a 29% year-over-year growth rate NIO grew less than the overall EV market in China, and it underperformed competitors such as BYD (OTCPK: BYDDY), which delivered growth of close to 200% in the same time frame. NIO's smaller peers, such as XPeng (XPEV) and Li Auto (LI) also did not grow their sales as much as the market, thus NIO was not the only EV player that saw its sales growth rate dip. Nevertheless, market share losses aren't positive, and BYD has shown that it was possible for Chinese EV players to grow considerably in recent months.NIO's management has stated that the not overly high delivery growth rate was caused by supply chain issues and that there is not a demand problem. That's good news, as supply chain issues can and will be solved, especially once COVID measures in China ease. As long as NIO's brand remains strong and there is demand for its vehicles, the underwhelming deliveries growth rate thus looks like a temporary issue. It's nevertheless clear that other EV players, mainly BYD, have apparently managed to handle supply chain issues better, which could be due to BYD's larger size that allows for more experience in sourcing material from different suppliers, etc.What Is NIO's Outlook?As an EV pureplay, NIO's market potential depends on the ongoing growth of the global EV market. Especially in NIO's home country, China, where growth has been excellent in the recent past. In China, around 20% of new vehicles are NEVs, or new energy vehicles. This primarily includes EVs (plug-in hybrids and BEVs) while other technologies such as hydrogen play a negligible role for now. With millions of EVs being sold in China alone (in September NEV sales totaled more than 600,000), and with that number growing at a rate of almost 100% year over year, there is a huge and rapidly expanding market opportunity in NIO's home country - the most important EV market in the world.NIO's vehicles are above-average in price and quality, which is why the company can't address all parts of the market. But even the premium market it addresses is very large and growing rapidly, showcased, for example, by Tesla's sales pace. NIO's production constraints should ease going forward, based on easing supply chain worries that I expect over the next couple of quarters as lockdown measures in China will hopefully wane eventually and since companies adapt to these issues over time.NIO is also expanding outside of its home market, China. Recently, the company opened its first battery-swapping station in Germany, which is Europe's largest automobile market, where other EV companies also see a lot of potential - such as Tesla, which built a Gigafactory there. NIO had already been active in Norway before that, which is usually the first European market EV companies from outside of Europe expand to. Now, NIO is active in several European markets, including the Netherlands, Sweden, and Denmark, on top of the aforementioned Norway and Germany. The first model that was introduced in Europe is the ET7, NIO's high-end sedan, but NIO will introduce additional models over time. The company plans to build 20 swapping stations in Europe by the end of the year, which will introduce the vast European market to NIO's unique tech that differentiates it from other EV players where consumers have to accept long charging times, whereas NIO's battery swaps only require a couple of minutes, thereby providing a clear unique selling point that should be beneficial for NIO's potential to sell vehicles.Between these factors, NIO should be able to grow its business very meaningfully over the next couple of years. Of course, revenues alone do not make a company a great investment, thus NIO will have to prove that it can also generate compelling profits over time. Thanks to the high prices for its vehicles, as it sells to the less price-sensitive premium market, that should be possible, although the exact timing when it will first become profitable is not yet known.From a valuation basis, NIO does not look very expensive versus other EV players:Data by YChartsXPeng is less expensive than NIO, but other relevant peers such as Li, Tesla, Lucid, and Rivian are more expensive on a price-to-sales basis. Especially the three US-based peers, which are trading at way higher valuations than NIO, which makes NIO look attractive by comparison.Is NIO Stock A Buy, Hold, Or Sell?NIO is battling with some supply chain problems, which is why its growth in recent quarters wasn't overly strong. Still, NIO hit a new record in Q3, and delivered growth in the 30% range, which is far from bad. With the ongoing expansion in Europe, growth could accelerate going forward, especially when/if China eases its COVID policy.From a valuation perspective, NIO looks like one of the better EV players, as it trades at a hefty discount relative to many of its peers. That being said, there are some China-specific risks that investors should consider. If geopolitical tensions escalate further, an investment in Chinese companies such as NIO could be risky, although that would also impact American companies that are reliant on the Chinese market, such as Tesla.Overall, NIO has some opportunities, but in the current environment of rising interest rates and macro uncertainties, it is far from a sure bet that NIO will rise in the near term. I thus am neutral when it comes to NIO right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":660237880,"gmtCreate":1661752252441,"gmtModify":1676536784951,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/660237880","repostId":"2262167619","repostType":4,"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882280089,"gmtCreate":1631695367541,"gmtModify":1676530611193,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/882280089","repostId":"1148341685","repostType":4,"repost":{"id":"1148341685","pubTimestamp":1631660884,"share":"https://ttm.financial/m/news/1148341685?lang=&edition=fundamental","pubTime":"2021-09-15 07:08","market":"us","language":"en","title":"U.S. stocks close lower on worries over recovery, corporate tax hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1148341685","media":"Reuters","summary":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing","content":"<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.</p>\n<p>Optimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.</p>\n<p>So far this month the S&amp;P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.</p>\n<p>“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”</p>\n<p>The advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.</p>\n<p>“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”</p>\n<p>The CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.</p>\n<p>U.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]</p>\n<p>The long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.</p>\n<p>The Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&amp;P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session red, with energy and financials suffering the largest percentage drops.</p>\n<p>Apple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&amp;P 500 and the Nasdaq.</p>\n<p>Intuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.</p>\n<p>CureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p>\n<p>Volume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks close lower on worries over recovery, corporate tax 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\">\nU.S. stocks close lower on worries over recovery, corporate tax hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9\">Web Link</a>\n\n</div>\n\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":"https://www.reuters.com/article/usa-stocks/u-s-stocks-close-lower-on-worries-over-recovery-corporate-tax-hikes-idUSKBN2GA0W9","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148341685","content_text":"NEW YORK (Reuters) - Wall Street lost ground on Tuesday as economic uncertainties and the increasing likelihood of a corporate tax rate hike dampened investor sentiment and prompted a broad sell-off despite signs of easing inflation.\nOptimism faded throughout the session, reversing an initial rally following the Labor Department’s consumer price index report. All three major U.S. stock indexes ended in negative territory in a reminder that September is a historically rough month for stocks.\nSo far this month the S&P 500 is down nearly 1.8% even as the benchmark index has gained over 18% since the beginning of the year.\n“There is a possibility that the market is simply ready to go through an overdue correction,” said Sam Stovall, chief investment strategist at CFRA Research in New York. “From a seasonality perspective, September tends to be the window dressing period for fund managers.”\nThe advent of the highly contagious Delta COVID variant has driven an increase in bearish sentiment regarding the recovery from the global health crisis, and many now expect a substantial correction in stock markets by the end of the year.\n“We’re still in a corrective mode that people have been calling for months,” said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. “Economic data points have been missing estimates, and that has coincided with the rise in the Delta variant.”\nThe CPI report delivered a lower-than-consensus August reading, a deceleration that supports Federal Reserve Chairman Jerome Powell’s assertion that spiking inflation is transitory and calms market fears that the central bank will begin tightening monetary policy sooner than expected.\nU.S. Treasury yields dropped on the data, which pressured financial stocks, and investor favor pivoted back to growth at the expense of value. [US/]\nThe long expected corporate tax hikes, to 26.5% from 21% if Democrats prevail, are coming nearer to fruition with U.S. President Joe Biden’s $3.5 trillion budget package inching closer to passage.\nThe Dow Jones Industrial Average fell 292.06 points, or 0.84%, to 34,577.57; the S&P 500 lost 25.68 points, or 0.57%, at 4,443.05; and the Nasdaq Composite dropped 67.82 points, or 0.45%, to 15,037.76.\nAll 11 major sectors in the S&P 500 ended the session red, with energy and financials suffering the largest percentage drops.\nApple Inc unveiled its iPhone 13 and added new features to its iPad and Apple Watch gadgets in its biggest product launch event of the year as the company faces increased scrutiny in the courts over its business practices. Its shares closed down 1.0% and were the heaviest drag on the S&P 500 and the Nasdaq.\nIntuit Inc gained 1.9% following the TurboTax maker’s announcement that it would acquire digital marketing company Mailchimp for $12 billion.\nCureVac slid 8.0% after the German biotechnology company canceled manufacturing deals for its experimental COVID-19 vaccine.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.40-to-1 ratio favored decliners.\nThe S&P 500 posted two new 52-week highs and two new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.\nVolume on U.S. exchanges was 10.07 billion shares, compared with the 9.38 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":667045918,"gmtCreate":1668476595438,"gmtModify":1676538062523,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/667045918","repostId":"1194306738","repostType":4,"repost":{"id":"1194306738","pubTimestamp":1668468992,"share":"https://ttm.financial/m/news/1194306738?lang=&edition=fundamental","pubTime":"2022-11-15 07:36","market":"us","language":"en","title":"Brainard Says Fed Should Probably \"Soon\" Slow Pace of Rate Hikes","url":"https://stock-news.laohu8.com/highlight/detail?id=1194306738","media":"Bloomberg","summary":"‘We’ve done a lot but we have additional work to do’: BrainardFed vice chair speaks at Bloomberg eve","content":"<html><head></head><body><ul><li>‘We’ve done a lot but we have additional work to do’: Brainard</li><li>Fed vice chair speaks at Bloomberg event in Washington</li></ul><p>Federal Reserve Vice Chair Lael Brainard said the central bank should soon moderate the size of its interest-rate increases, signaling she favors slowing to a half-point hike as early as next month.</p><p>“It will probably be appropriate soon to move to a slower pace of increases,” Brainard said Monday in a fireside-chat event at Bloomberg’s Washington bureau. “But I think what’s really important to emphasize: We’ve done a lot, but we have additional work to do.”</p><p>The US central bank has raised its benchmark interest rate this year from nearly zero in March to a target range of 3.75% to 4% this month in a bid to slow the economy and bring inflation down from four-decade highs. The most aggressive tightening campaign since the 1980s has included rate hikes of three-quarters of a percentage point at each of the last four policy meetings, triple the usual move.</p><p>“There are likely to be lags, and it’s going to take some time for that cumulative tightening to flow through,” Brainard said. “So, it makes sense to move to a more deliberate and a more data-dependent pace as we continue to make sure that there’s restraint that will bring inflation down over time.”</p><p>At the same time, Brainard stopped short of explicitly endorsing the idea that the Fed would likely need to raise rates higher than previously projected in September. That’s what Chair Jerome Powell and other officials have said this month.</p><p>Asked if she agreed with the chair’s expectation, Brainard stressed the importance of Fed policy being data dependent.</p><p>“Even for just the December meeting’s decision, we still will have additional data in hand by the time that we will -- members of the committee will be submitting their new projections. And of course, those projections are going to reflect that data, both on inflation as well as on the labor market activity more generally,” she said. “But it is the case that we do have additional work to do on raising rates.”</p><p><img src=\"https://static.tigerbbs.com/37a914d734b43a247afac724dfa23589\" tg-width=\"698\" tg-height=\"392\" referrerpolicy=\"no-referrer\"/>Investors expect Fed officials to opt for a half-point hike at their Dec. 13-14 meeting following Powell’s signal on Nov. 2 that such a downshift was in the offing, and a subsequent Labor Department report last week which showed increases in US consumer prices may be starting to moderate.</p><p>That report showed inflation cooled by more than expected in October, with the consumer price index rising 7.7% from a year earlier versus 8.2% the month before.</p><p>But officials have stressed that they need to see a series of lower monthly readings to have confidence that price pressures are heading back down to levels consistent with the central bank’s 2% target, which is defined in terms of the Commerce Department’s price index for personal consumption expenditures. October data for that measure will be published later this month.</p><p>“The most recent CPI inflation print suggests that maybe the core PCE measure that we really focus on might be also showing a little bit of a reduction,” Brainard said. “That would be welcome. I think the inflation data was reassuring, preliminarily, just in terms of showing a slowing in categories that I had been anticipating.”</p><p>The Fed has two congressional mandates: price stability and maximum employment. In recent weeks, Democratic senators including Sherrod Brown, who plays a key role overseeing the central bank as head of the Senate Banking Committee, have written letters to Powell expressing concerns that the fight against inflation will lead to unnecessary job losses.</p><p>“Obviously risks are going to be more two-sided as we get into more restrictive -- or further into restrictive -- territory. So, we’ll be balancing those considerations, but we are very much focused on achieving our 2% inflation goal,” Brainard said.</p><p>“It’s very important to keep inflation expectations anchored around that goal. And so, we’ll just have to make judgments like that as we go forward: What is the appropriate level of restraint on a sustained basis that is going to be necessary to make that balance?”</p><p>The vice chair also pointed to data showing the pace of wage increases has begun to moderate.</p><p>“I think it’s important to remember that wages have actually not kept up with inflation. Real incomes have actually, on aggregate, fallen, even though wages are higher than what would be consistent with a run rate associated with 2% inflation,” she said. “So they really are in the middle there, and they are coming down.”</p><p>Officials in September forecast rates would reach 4.6% in 2023, but Powell on Nov. 2 suggested projections for the so-called terminal rate would probably move higher when they are next updated at the December meeting.</p><p>Investors now see rates peaking just below 5% by the middle of next year.</p><p>“By moving at a more deliberate pace, we’ll actually be able to see how that cumulative tightening is playing out,” Brainard said. “Exactly what that path looks like I think is really hard to say right now, but I think it will be very much better at balancing those risks by virtue of being able to take on board more data.”</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>Brainard Says Fed Should Probably \"Soon\" Slow Pace of Rate Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nBrainard Says Fed Should Probably \"Soon\" Slow Pace of Rate Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-15 07:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-14/brainard-says-fed-probably-will-soon-slow-pace-of-rate-hikes?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘We’ve done a lot but we have additional work to do’: BrainardFed vice chair speaks at Bloomberg event in WashingtonFederal Reserve Vice Chair Lael Brainard said the central bank should soon moderate ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-14/brainard-says-fed-probably-will-soon-slow-pace-of-rate-hikes?srnd=premium\">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",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-14/brainard-says-fed-probably-will-soon-slow-pace-of-rate-hikes?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194306738","content_text":"‘We’ve done a lot but we have additional work to do’: BrainardFed vice chair speaks at Bloomberg event in WashingtonFederal Reserve Vice Chair Lael Brainard said the central bank should soon moderate the size of its interest-rate increases, signaling she favors slowing to a half-point hike as early as next month.“It will probably be appropriate soon to move to a slower pace of increases,” Brainard said Monday in a fireside-chat event at Bloomberg’s Washington bureau. “But I think what’s really important to emphasize: We’ve done a lot, but we have additional work to do.”The US central bank has raised its benchmark interest rate this year from nearly zero in March to a target range of 3.75% to 4% this month in a bid to slow the economy and bring inflation down from four-decade highs. The most aggressive tightening campaign since the 1980s has included rate hikes of three-quarters of a percentage point at each of the last four policy meetings, triple the usual move.“There are likely to be lags, and it’s going to take some time for that cumulative tightening to flow through,” Brainard said. “So, it makes sense to move to a more deliberate and a more data-dependent pace as we continue to make sure that there’s restraint that will bring inflation down over time.”At the same time, Brainard stopped short of explicitly endorsing the idea that the Fed would likely need to raise rates higher than previously projected in September. That’s what Chair Jerome Powell and other officials have said this month.Asked if she agreed with the chair’s expectation, Brainard stressed the importance of Fed policy being data dependent.“Even for just the December meeting’s decision, we still will have additional data in hand by the time that we will -- members of the committee will be submitting their new projections. And of course, those projections are going to reflect that data, both on inflation as well as on the labor market activity more generally,” she said. “But it is the case that we do have additional work to do on raising rates.”Investors expect Fed officials to opt for a half-point hike at their Dec. 13-14 meeting following Powell’s signal on Nov. 2 that such a downshift was in the offing, and a subsequent Labor Department report last week which showed increases in US consumer prices may be starting to moderate.That report showed inflation cooled by more than expected in October, with the consumer price index rising 7.7% from a year earlier versus 8.2% the month before.But officials have stressed that they need to see a series of lower monthly readings to have confidence that price pressures are heading back down to levels consistent with the central bank’s 2% target, which is defined in terms of the Commerce Department’s price index for personal consumption expenditures. October data for that measure will be published later this month.“The most recent CPI inflation print suggests that maybe the core PCE measure that we really focus on might be also showing a little bit of a reduction,” Brainard said. “That would be welcome. I think the inflation data was reassuring, preliminarily, just in terms of showing a slowing in categories that I had been anticipating.”The Fed has two congressional mandates: price stability and maximum employment. In recent weeks, Democratic senators including Sherrod Brown, who plays a key role overseeing the central bank as head of the Senate Banking Committee, have written letters to Powell expressing concerns that the fight against inflation will lead to unnecessary job losses.“Obviously risks are going to be more two-sided as we get into more restrictive -- or further into restrictive -- territory. So, we’ll be balancing those considerations, but we are very much focused on achieving our 2% inflation goal,” Brainard said.“It’s very important to keep inflation expectations anchored around that goal. And so, we’ll just have to make judgments like that as we go forward: What is the appropriate level of restraint on a sustained basis that is going to be necessary to make that balance?”The vice chair also pointed to data showing the pace of wage increases has begun to moderate.“I think it’s important to remember that wages have actually not kept up with inflation. Real incomes have actually, on aggregate, fallen, even though wages are higher than what would be consistent with a run rate associated with 2% inflation,” she said. “So they really are in the middle there, and they are coming down.”Officials in September forecast rates would reach 4.6% in 2023, but Powell on Nov. 2 suggested projections for the so-called terminal rate would probably move higher when they are next updated at the December meeting.Investors now see rates peaking just below 5% by the middle of next year.“By moving at a more deliberate pace, we’ll actually be able to see how that cumulative tightening is playing out,” Brainard said. “Exactly what that path looks like I think is really hard to say right now, but I think it will be very much better at balancing those risks by virtue of being able to take on board more data.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":665804663,"gmtCreate":1667178401156,"gmtModify":1676537871203,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/665804663","repostId":"2279823208","repostType":4,"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":666342257,"gmtCreate":1665458564383,"gmtModify":1676537610266,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/666342257","repostId":"2274659942","repostType":4,"repost":{"id":"2274659942","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":1665442200,"share":"https://ttm.financial/m/news/2274659942?lang=&edition=fundamental","pubTime":"2022-10-11 06:50","market":"us","language":"en","title":"US STOCKS-Nasdaq Registers Lowest Close Since July 2020; Chips Stocks Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=2274659942","media":"Reuters","summary":"*Philadelphia SE Semiconductor index slumps*Tech, energy lead S&P sector declines*Indexes: Dow down 0.3%, S&P 500 down 0.8%, Nasdaq down 1%NEW YORK, Oct 10 (Reuters) - U.S. stocks fell on Monday, with","content":"<html><head></head><body><p>* Philadelphia SE Semiconductor index slumps</p><p>* Tech, energy lead S&amp;P sector declines</p><p>* Indexes: Dow down 0.3%, S&amp;P 500 down 0.8%, Nasdaq down 1%</p><p>NEW YORK, Oct 10 (Reuters) - U.S. stocks fell on Monday, with the Nasdaq posting its lowest close since July 2020, as investors worried about the impact of higher interest rates and pulled out of chipmakers after the United States announced restrictions aimed at hobbling China&#39;s semiconductor industry.</p><p>Federal Reserve Vice Chair Lael Brainard said tighter U.S. monetary policy has begun to be felt in an economy that may be slowing faster than expected, but the full brunt of Fed interest rate increases still won&#39;t be apparent for months.</p><p>Despite growing concerns by a number of economists and analysts that the Fed&#39;s interest rate hikes could increase unemployment, Chicago Fed President Charles Evans continued to back the central bank&#39;s attempt to lower inflation, saying that while it sounds &#34;optimistic&#34; he believed it could do so &#34;while also avoiding recession.&#34;</p><p>&#34;People are worried about the economy. People are worried about a possible recession,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.</p><p>The Philadelphia SE Semiconductor indexdropped 3.5% after the Biden administration published a set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. equipment.</p><p>Shares of Nvidia Corpfell 3.4%, while Qualcomm Inc, Micron Technology Incand Advanced Micro Devicesalso ended lower.</p><p>Investors were also cautious ahead of the U.S. third-quarter earnings season, which is set to kick off on Friday with results from some of the major banks.</p><p>The Dow Jones Industrial Average fell 93.91 points, or 0.32%, to 29,202.88, the S&amp;P 500 lost 27.27 points, or 0.75%, to 3,612.39 and the Nasdaq Composite dropped 110.30 points, or 1.04%, to 10,542.10.</p><p>Estimates for third-quarter earnings have come down in recent weeks. Analyst now expect year-over-year earnings for S&amp;P 500 companies to have risen 4.1% in the quarter, compared with an increase of 11.1% expected at the beginning of July, according to IBES data from Refinitiv.</p><p>Microsoft&#39;s stock was down 2.1% and was among the biggest drags on the three major indexes. S&amp;P 500 technology led sector declines along with energy.</p><p>Investors were also awaiting U.S. inflation data this week.</p><p>The U.S. bond market was shut for the Columbus Day holiday on Monday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 73 new lows; the Nasdaq Composite recorded 58 new highs and 461 new lows.</p><p>Volume on U.S. exchanges was 9.66 billion shares, compared with the 11.73 billion average for the full session over the last 20 trading days.</p><p><img src=\"https://static.tigerbbs.com/f88c1d00861344185b068f9b8e82b310\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Nasdaq Registers Lowest Close Since July 2020; Chips Stocks Fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Nasdaq Registers Lowest Close Since July 2020; Chips Stocks Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-10-11 06:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Philadelphia SE Semiconductor index slumps</p><p>* Tech, energy lead S&amp;P sector declines</p><p>* Indexes: Dow down 0.3%, S&amp;P 500 down 0.8%, Nasdaq down 1%</p><p>NEW YORK, Oct 10 (Reuters) - U.S. stocks fell on Monday, with the Nasdaq posting its lowest close since July 2020, as investors worried about the impact of higher interest rates and pulled out of chipmakers after the United States announced restrictions aimed at hobbling China&#39;s semiconductor industry.</p><p>Federal Reserve Vice Chair Lael Brainard said tighter U.S. monetary policy has begun to be felt in an economy that may be slowing faster than expected, but the full brunt of Fed interest rate increases still won&#39;t be apparent for months.</p><p>Despite growing concerns by a number of economists and analysts that the Fed&#39;s interest rate hikes could increase unemployment, Chicago Fed President Charles Evans continued to back the central bank&#39;s attempt to lower inflation, saying that while it sounds &#34;optimistic&#34; he believed it could do so &#34;while also avoiding recession.&#34;</p><p>&#34;People are worried about the economy. People are worried about a possible recession,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.</p><p>The Philadelphia SE Semiconductor indexdropped 3.5% after the Biden administration published a set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. equipment.</p><p>Shares of Nvidia Corpfell 3.4%, while Qualcomm Inc, Micron Technology Incand Advanced Micro Devicesalso ended lower.</p><p>Investors were also cautious ahead of the U.S. third-quarter earnings season, which is set to kick off on Friday with results from some of the major banks.</p><p>The Dow Jones Industrial Average fell 93.91 points, or 0.32%, to 29,202.88, the S&amp;P 500 lost 27.27 points, or 0.75%, to 3,612.39 and the Nasdaq Composite dropped 110.30 points, or 1.04%, to 10,542.10.</p><p>Estimates for third-quarter earnings have come down in recent weeks. Analyst now expect year-over-year earnings for S&amp;P 500 companies to have risen 4.1% in the quarter, compared with an increase of 11.1% expected at the beginning of July, according to IBES data from Refinitiv.</p><p>Microsoft&#39;s stock was down 2.1% and was among the biggest drags on the three major indexes. S&amp;P 500 technology led sector declines along with energy.</p><p>Investors were also awaiting U.S. inflation data this week.</p><p>The U.S. bond market was shut for the Columbus Day holiday on Monday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 73 new lows; the Nasdaq Composite recorded 58 new highs and 461 new lows.</p><p>Volume on U.S. exchanges was 9.66 billion shares, compared with the 11.73 billion average for the full session over the last 20 trading days.</p><p><img src=\"https://static.tigerbbs.com/f88c1d00861344185b068f9b8e82b310\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","QQQ":"纳指100ETF",".DJI":"道琼斯","QCOM":"高通","MSFT":"微软","MU":"美光科技","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","NVDA":"英伟达",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274659942","content_text":"* Philadelphia SE Semiconductor index slumps* Tech, energy lead S&P sector declines* Indexes: Dow down 0.3%, S&P 500 down 0.8%, Nasdaq down 1%NEW YORK, Oct 10 (Reuters) - U.S. stocks fell on Monday, with the Nasdaq posting its lowest close since July 2020, as investors worried about the impact of higher interest rates and pulled out of chipmakers after the United States announced restrictions aimed at hobbling China's semiconductor industry.Federal Reserve Vice Chair Lael Brainard said tighter U.S. monetary policy has begun to be felt in an economy that may be slowing faster than expected, but the full brunt of Fed interest rate increases still won't be apparent for months.Despite growing concerns by a number of economists and analysts that the Fed's interest rate hikes could increase unemployment, Chicago Fed President Charles Evans continued to back the central bank's attempt to lower inflation, saying that while it sounds \"optimistic\" he believed it could do so \"while also avoiding recession.\"\"People are worried about the economy. People are worried about a possible recession,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.The Philadelphia SE Semiconductor indexdropped 3.5% after the Biden administration published a set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. equipment.Shares of Nvidia Corpfell 3.4%, while Qualcomm Inc, Micron Technology Incand Advanced Micro Devicesalso ended lower.Investors were also cautious ahead of the U.S. third-quarter earnings season, which is set to kick off on Friday with results from some of the major banks.The Dow Jones Industrial Average fell 93.91 points, or 0.32%, to 29,202.88, the S&P 500 lost 27.27 points, or 0.75%, to 3,612.39 and the Nasdaq Composite dropped 110.30 points, or 1.04%, to 10,542.10.Estimates for third-quarter earnings have come down in recent weeks. Analyst now expect year-over-year earnings for S&P 500 companies to have risen 4.1% in the quarter, compared with an increase of 11.1% expected at the beginning of July, according to IBES data from Refinitiv.Microsoft's stock was down 2.1% and was among the biggest drags on the three major indexes. S&P 500 technology led sector declines along with energy.Investors were also awaiting U.S. inflation data this week.The U.S. bond market was shut for the Columbus Day holiday on Monday.Declining issues outnumbered advancing ones on the NYSE by a 2.43-to-1 ratio; on Nasdaq, a 1.79-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 73 new lows; the Nasdaq Composite recorded 58 new highs and 461 new lows.Volume on U.S. exchanges was 9.66 billion shares, compared with the 11.73 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814300626,"gmtCreate":1630755228765,"gmtModify":1676530390696,"author":{"id":"3575414666461571","authorId":"3575414666461571","authorIdStr":"3575414666461571","name":"TW1","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575414666461571"},"themes":[],"htmlText":"Gd","listText":"Gd","text":"Gd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/814300626","repostId":"1186003479","repostType":4,"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}