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Here's Why SoFi's Long-Awaited Bank Charter Will Make the Business Better

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Now, SoFi will be able to complete its previously announced acquisition of <b>Golden Pacific Bancorp</b> and become a bank holding company.</p><p>SoFi plans to capitalize the bank with $750 million, and the bank will have $5.3 billion of assets once the deal with Golden Pacific closes, which is expected to happen in February. Following the news of the bank charter, SoFi&#39;s stock shot up.</p><p>Here&#39;s why SoFi&#39;s long-awaited bank charter will improve the company&#39;s operations.</p><p><img src=\"https://static.tigerbbs.com/b043430dd6fd8a492604fcb1cb4193d3\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><h2>Streamlining operations</h2><p>Despite competing in the banking space, many fintech companies start as tech companies and do not have a formal banking license -- they are not easy to obtain. So, most fintechs tend to partner with licensed banks to do things like hold the deposits they gather from their members (unlicensed banks can&#39;t hold deposits on their balance sheet) and originate loans for them in some cases. This typically involves some kind of revenue share. Additionally, because banks can&#39;t use deposits to fund loan originations, they have to use higher-cost funding.</p><p>One of the main benefits of the bank charter will be enabling SoFi to lower its interest expense, which is the interest SoFi pays on the debt it uses to fund assets such as loans. According to its recent regulatory filing, the company&#39;s current funding sources for originations include securitization debt and funding from warehouse facilities. SoFi pays interest on this funding of nearly 4% and 1.6%, respectively. This funding is also not as reliable in certain market conditions. Currently, most savings and checking accounts pay out very little interest, and even a lot of high-yield savings accounts pay much less interest than these higher-cost sources.</p><p>With the bank charter, SoFi will be able to transfer all of the deposits in its cash management SoFi Money product that it currently sends to a partner bank back into SoFi to hold. SoFi Money accounts topped 1.16 million at the end of the third quarter, so they should offer a decent source of funding that will also grow in the future. This will significantly lower SoFi&#39;s cost of funding loan originations, or it can maintain both sources if it needs them to grow.</p><p>Additionally, having a bank charter will make it easier for SoFi to hold loans on its balance sheet, whether that means holding loans for longer periods or to completion. Most fintech consumer lenders sell loans they originate right away to an investor or bank for a fee. But when you hold a loan on the balance sheet, you can collect interest payments every month, and that loan ends up being more profitable over its life, as long as it doesn&#39;t go into default.</p><p>With a bank charter, SoFi will have more clarity from a regulatory perspective on its operations. It is also another signal to investors that SoFi is a trustworthy lender. While the company has a good reputation, given that it has been originating loans for several years now, I think investors see it as a good sign that a fintech company is willing to take some risk on its balance sheet, although I am not yet sure how long SoFi plans to hold its loans.</p><p>In its first presentation, management showed the impact of the bank charter on earnings before interest, taxes, depreciation, and amortization (EBITDA). While the numbers have likely changed, as this presentation is now roughly a year old, I think this is illustrative of how helpful the bank charter can be.</p><p><img src=\"https://static.tigerbbs.com/5ca5ac4bdc2ba7427f2b507f42aeb914\" tg-width=\"700\" tg-height=\"642\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>SoFi January 2021 investor presentation.</p><h2>Hitting a key milestone</h2><p>While the bank charter has been long anticipated, there was some question over it, given some of the regulatory uncertainty in the banking arena in Washington over the past few months. It is also no easy feat for any fintech to obtain a bank charter. The charter will make the deposits that SoFi gathers much more valuable and greatly help the unit economics in its lending division. Ultimately, expect revenue and EBITDA to be higher this year and going forward with the bank charter now secured.</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>Here's Why SoFi's Long-Awaited Bank Charter Will Make the Business Better</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\">\nHere's Why SoFi's Long-Awaited Bank Charter Will Make the Business Better\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-23 08:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/22/why-sofi-bank-charter-makes-business-better/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a difficult few months for the stock, SoFi (NASDAQ:SOFI) shareholders got some welcome news recently when regulators approved the company's application to become a bank. Now, SoFi will be able ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/22/why-sofi-bank-charter-makes-business-better/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc.","BK4549":"软银资本持仓","BK4535":"淡马锡持仓","BK4551":"寇图资本持仓","BK4166":"消费信贷"},"source_url":"https://www.fool.com/investing/2022/01/22/why-sofi-bank-charter-makes-business-better/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2205248240","content_text":"After a difficult few months for the stock, SoFi (NASDAQ:SOFI) shareholders got some welcome news recently when regulators approved the company's application to become a bank. Now, SoFi will be able to complete its previously announced acquisition of Golden Pacific Bancorp and become a bank holding company.SoFi plans to capitalize the bank with $750 million, and the bank will have $5.3 billion of assets once the deal with Golden Pacific closes, which is expected to happen in February. Following the news of the bank charter, SoFi's stock shot up.Here's why SoFi's long-awaited bank charter will improve the company's operations.Image source: Getty Images.Streamlining operationsDespite competing in the banking space, many fintech companies start as tech companies and do not have a formal banking license -- they are not easy to obtain. So, most fintechs tend to partner with licensed banks to do things like hold the deposits they gather from their members (unlicensed banks can't hold deposits on their balance sheet) and originate loans for them in some cases. This typically involves some kind of revenue share. Additionally, because banks can't use deposits to fund loan originations, they have to use higher-cost funding.One of the main benefits of the bank charter will be enabling SoFi to lower its interest expense, which is the interest SoFi pays on the debt it uses to fund assets such as loans. According to its recent regulatory filing, the company's current funding sources for originations include securitization debt and funding from warehouse facilities. SoFi pays interest on this funding of nearly 4% and 1.6%, respectively. This funding is also not as reliable in certain market conditions. Currently, most savings and checking accounts pay out very little interest, and even a lot of high-yield savings accounts pay much less interest than these higher-cost sources.With the bank charter, SoFi will be able to transfer all of the deposits in its cash management SoFi Money product that it currently sends to a partner bank back into SoFi to hold. SoFi Money accounts topped 1.16 million at the end of the third quarter, so they should offer a decent source of funding that will also grow in the future. This will significantly lower SoFi's cost of funding loan originations, or it can maintain both sources if it needs them to grow.Additionally, having a bank charter will make it easier for SoFi to hold loans on its balance sheet, whether that means holding loans for longer periods or to completion. Most fintech consumer lenders sell loans they originate right away to an investor or bank for a fee. But when you hold a loan on the balance sheet, you can collect interest payments every month, and that loan ends up being more profitable over its life, as long as it doesn't go into default.With a bank charter, SoFi will have more clarity from a regulatory perspective on its operations. It is also another signal to investors that SoFi is a trustworthy lender. While the company has a good reputation, given that it has been originating loans for several years now, I think investors see it as a good sign that a fintech company is willing to take some risk on its balance sheet, although I am not yet sure how long SoFi plans to hold its loans.In its first presentation, management showed the impact of the bank charter on earnings before interest, taxes, depreciation, and amortization (EBITDA). While the numbers have likely changed, as this presentation is now roughly a year old, I think this is illustrative of how helpful the bank charter can be.SoFi January 2021 investor presentation.Hitting a key milestoneWhile the bank charter has been long anticipated, there was some question over it, given some of the regulatory uncertainty in the banking arena in Washington over the past few months. It is also no easy feat for any fintech to obtain a bank charter. The charter will make the deposits that SoFi gathers much more valuable and greatly help the unit economics in its lending division. Ultimately, expect revenue and EBITDA to be higher this year and going forward with the bank charter now secured.","news_type":1},"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004667106,"gmtCreate":1642588336115,"gmtModify":1676533725297,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004667106","repostId":"1127349784","repostType":4,"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004667345,"gmtCreate":1642588313955,"gmtModify":1676533725297,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004667345","repostId":"1196007613","repostType":4,"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004399381,"gmtCreate":1642498138661,"gmtModify":1676533715683,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004399381","repostId":"1171899317","repostType":4,"repost":{"id":"1171899317","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1642497670,"share":"https://ttm.financial/m/news/1171899317?lang=&edition=fundamental","pubTime":"2022-01-18 17:21","market":"us","language":"en","title":"Glaxosmithkline Shares Climbed 3% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1171899317","media":"Tiger Newspress","summary":"GlaxoSmithKline shares climbed 3% in premarket trading as Unilever to weigh raising offer for Glaxo ","content":"<html><head></head><body><p>GlaxoSmithKline shares climbed 3% in premarket trading as Unilever to weigh raising offer for Glaxo consumer unit.</p><p><img src=\"https://static.tigerbbs.com/3f5b3eef43e21843d31c01a7d6f631e1\" tg-width=\"843\" tg-height=\"616\" referrerpolicy=\"no-referrer\"/></p><p>Unilever Plc has held talks with banks about additional financing for a potential sweetened offer for GlaxoSmithKline Plc’s consumer products division, according to people familiar with the matter.</p><p>Some financial firms have discussed lending enough for a bid higher than 50 billion pounds ($68 billion) -- the latest of three offers Glaxo has rejected for a bundle of brands including Advil painkiller and Sensodyne toothpaste.</p><p>Unilever hasn’t made a final decision on using the firepower, said the people, who requested anonymity as they aren’t allowed to speak publicly. The owner of Ben &amp; Jerry’s ice cream and Dove soap could eventually sell some non-core assets from the Glaxo portfolio to buyers including private equity firms, which could help fund an acquisition, the people said.</p><p>Glaxo over the weekend said it had rejected Unilever’s offers as too low after the U.K. consumer-products company confirmed its approach. The drugmaker said it’s sticking with plans to spin off the portfolio of brands.</p><p>Representatives for Unilever and Glaxo declined to comment.</p><p><b>Growth Prospects</b></p><p>Glaxo’s board is open to proposals but the latest bid late last year was not within a range the company would consider, the people said. The pharma giant talked up growth prospects for the unit, formed through a combination of its consumer labels with those of Pfizer Inc., which retains a minority stake.</p><p>A takeover would be one of the largest globally in the past twelve months, and would come at a time when merger and acquisition activity is at an all-time high. It would also be Unilever’s biggest-ever deal, advancing Chief Executive Officer Alan Jope’s ambition to execute bigger and bolder acquisitions to reshape the company’s roster of labels.</p><p>Shortly after taking the helm in 2019, Jope signaled that the company was ready to progress past the tamer takeover strategy of former CEO Paul Polman, who had focused on incremental deals in fast-growing sectors such as male grooming and home care.</p><p>Jope’s three-year tenure has been mired in distractions and misfires that have held back the company’s stock. Fundsmith founder Terry Smith, one of Unilever’s top 15 shareholders, last week said the company had “lost the plot” with a focus on burnishing its sustainability credentials at the expense of financial performance.</p><p>Last year’s decision by Ben &amp; Jerry’s to stop selling ice cream in Israeli settlements in the occupied Palestinian territories prompted several U.S. states to divest their stakes in Unilever. A planned sale of personal-care brands including Q-Tips and Tigi hair products was shelved in 2021 after failing to drum up interest. The company also had to settle for a sale of its tea operations to private-equity firm <a href=\"https://laohu8.com/S/CVC.AU\">CVC</a> Capital Partners after talking up prospects for an initial public offering.</p><p><b>Pandemic Effect</b></p><p>Some of Unilever’s woes have been outside of Jope’s control. In his first year as CEO, he warned that sales growth would fall short of expectations because of economic setbacks in Latin America. In 2020, the Covid-19 pandemic generated strong demand for the company’s soaps but dented revenue at its food-service division. Unilever now faces the risk of consumers defecting to discounted labels as it raises prices to counter inflation.</p><p>The shares are trading at a lower level than in 2017, when Polman rejected an unsolicited $143 billion offer from Kraft Heinz Co. Although Jope consolidated Unilever in the U.K., ending a cumbersome Anglo-Dutch legal structure in an effort to facilitate more transformational deals, his first public attempt at a high-profile takeover has so far come up short.</p><p>Glaxo is also under pressure from shareholders, including activist fund Elliott Investment Management LP, which has urged the drugmaker to consider a sale rather than a spinoff of the consumer brands. The pharma company has trailed rivals such as AstraZeneca Plc in developing new treatments.</p><p>Glaxo has said it expects sales at the business to increase by 4% to 6% in the medium term, which is faster than the growth rate at Unilever’s personal care division. With Jope’s interest now out in the open, other bidders could emerge.</p><p>Guiseppe Bivona, co-founder of Bluebell Partners, an activist hedge fund with a stake in Glaxo, called Unilever’s bid “encouraging.” “It’s a great asset and there should be broad interest in it,” he said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Glaxosmithkline Shares Climbed 3% in Premarket Trading</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\">\nGlaxosmithkline Shares Climbed 3% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-01-18 17:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>GlaxoSmithKline shares climbed 3% in premarket trading as Unilever to weigh raising offer for Glaxo consumer unit.</p><p><img src=\"https://static.tigerbbs.com/3f5b3eef43e21843d31c01a7d6f631e1\" tg-width=\"843\" tg-height=\"616\" referrerpolicy=\"no-referrer\"/></p><p>Unilever Plc has held talks with banks about additional financing for a potential sweetened offer for GlaxoSmithKline Plc’s consumer products division, according to people familiar with the matter.</p><p>Some financial firms have discussed lending enough for a bid higher than 50 billion pounds ($68 billion) -- the latest of three offers Glaxo has rejected for a bundle of brands including Advil painkiller and Sensodyne toothpaste.</p><p>Unilever hasn’t made a final decision on using the firepower, said the people, who requested anonymity as they aren’t allowed to speak publicly. The owner of Ben &amp; Jerry’s ice cream and Dove soap could eventually sell some non-core assets from the Glaxo portfolio to buyers including private equity firms, which could help fund an acquisition, the people said.</p><p>Glaxo over the weekend said it had rejected Unilever’s offers as too low after the U.K. consumer-products company confirmed its approach. The drugmaker said it’s sticking with plans to spin off the portfolio of brands.</p><p>Representatives for Unilever and Glaxo declined to comment.</p><p><b>Growth Prospects</b></p><p>Glaxo’s board is open to proposals but the latest bid late last year was not within a range the company would consider, the people said. The pharma giant talked up growth prospects for the unit, formed through a combination of its consumer labels with those of Pfizer Inc., which retains a minority stake.</p><p>A takeover would be one of the largest globally in the past twelve months, and would come at a time when merger and acquisition activity is at an all-time high. It would also be Unilever’s biggest-ever deal, advancing Chief Executive Officer Alan Jope’s ambition to execute bigger and bolder acquisitions to reshape the company’s roster of labels.</p><p>Shortly after taking the helm in 2019, Jope signaled that the company was ready to progress past the tamer takeover strategy of former CEO Paul Polman, who had focused on incremental deals in fast-growing sectors such as male grooming and home care.</p><p>Jope’s three-year tenure has been mired in distractions and misfires that have held back the company’s stock. Fundsmith founder Terry Smith, one of Unilever’s top 15 shareholders, last week said the company had “lost the plot” with a focus on burnishing its sustainability credentials at the expense of financial performance.</p><p>Last year’s decision by Ben &amp; Jerry’s to stop selling ice cream in Israeli settlements in the occupied Palestinian territories prompted several U.S. states to divest their stakes in Unilever. A planned sale of personal-care brands including Q-Tips and Tigi hair products was shelved in 2021 after failing to drum up interest. The company also had to settle for a sale of its tea operations to private-equity firm <a href=\"https://laohu8.com/S/CVC.AU\">CVC</a> Capital Partners after talking up prospects for an initial public offering.</p><p><b>Pandemic Effect</b></p><p>Some of Unilever’s woes have been outside of Jope’s control. In his first year as CEO, he warned that sales growth would fall short of expectations because of economic setbacks in Latin America. In 2020, the Covid-19 pandemic generated strong demand for the company’s soaps but dented revenue at its food-service division. Unilever now faces the risk of consumers defecting to discounted labels as it raises prices to counter inflation.</p><p>The shares are trading at a lower level than in 2017, when Polman rejected an unsolicited $143 billion offer from Kraft Heinz Co. Although Jope consolidated Unilever in the U.K., ending a cumbersome Anglo-Dutch legal structure in an effort to facilitate more transformational deals, his first public attempt at a high-profile takeover has so far come up short.</p><p>Glaxo is also under pressure from shareholders, including activist fund Elliott Investment Management LP, which has urged the drugmaker to consider a sale rather than a spinoff of the consumer brands. The pharma company has trailed rivals such as AstraZeneca Plc in developing new treatments.</p><p>Glaxo has said it expects sales at the business to increase by 4% to 6% in the medium term, which is faster than the growth rate at Unilever’s personal care division. With Jope’s interest now out in the open, other bidders could emerge.</p><p>Guiseppe Bivona, co-founder of Bluebell Partners, an activist hedge fund with a stake in Glaxo, called Unilever’s bid “encouraging.” “It’s a great asset and there should be broad interest in it,” he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GSK":"葛兰素史克"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171899317","content_text":"GlaxoSmithKline shares climbed 3% in premarket trading as Unilever to weigh raising offer for Glaxo consumer unit.Unilever Plc has held talks with banks about additional financing for a potential sweetened offer for GlaxoSmithKline Plc’s consumer products division, according to people familiar with the matter.Some financial firms have discussed lending enough for a bid higher than 50 billion pounds ($68 billion) -- the latest of three offers Glaxo has rejected for a bundle of brands including Advil painkiller and Sensodyne toothpaste.Unilever hasn’t made a final decision on using the firepower, said the people, who requested anonymity as they aren’t allowed to speak publicly. The owner of Ben & Jerry’s ice cream and Dove soap could eventually sell some non-core assets from the Glaxo portfolio to buyers including private equity firms, which could help fund an acquisition, the people said.Glaxo over the weekend said it had rejected Unilever’s offers as too low after the U.K. consumer-products company confirmed its approach. The drugmaker said it’s sticking with plans to spin off the portfolio of brands.Representatives for Unilever and Glaxo declined to comment.Growth ProspectsGlaxo’s board is open to proposals but the latest bid late last year was not within a range the company would consider, the people said. The pharma giant talked up growth prospects for the unit, formed through a combination of its consumer labels with those of Pfizer Inc., which retains a minority stake.A takeover would be one of the largest globally in the past twelve months, and would come at a time when merger and acquisition activity is at an all-time high. It would also be Unilever’s biggest-ever deal, advancing Chief Executive Officer Alan Jope’s ambition to execute bigger and bolder acquisitions to reshape the company’s roster of labels.Shortly after taking the helm in 2019, Jope signaled that the company was ready to progress past the tamer takeover strategy of former CEO Paul Polman, who had focused on incremental deals in fast-growing sectors such as male grooming and home care.Jope’s three-year tenure has been mired in distractions and misfires that have held back the company’s stock. Fundsmith founder Terry Smith, one of Unilever’s top 15 shareholders, last week said the company had “lost the plot” with a focus on burnishing its sustainability credentials at the expense of financial performance.Last year’s decision by Ben & Jerry’s to stop selling ice cream in Israeli settlements in the occupied Palestinian territories prompted several U.S. states to divest their stakes in Unilever. A planned sale of personal-care brands including Q-Tips and Tigi hair products was shelved in 2021 after failing to drum up interest. The company also had to settle for a sale of its tea operations to private-equity firm CVC Capital Partners after talking up prospects for an initial public offering.Pandemic EffectSome of Unilever’s woes have been outside of Jope’s control. In his first year as CEO, he warned that sales growth would fall short of expectations because of economic setbacks in Latin America. In 2020, the Covid-19 pandemic generated strong demand for the company’s soaps but dented revenue at its food-service division. Unilever now faces the risk of consumers defecting to discounted labels as it raises prices to counter inflation.The shares are trading at a lower level than in 2017, when Polman rejected an unsolicited $143 billion offer from Kraft Heinz Co. Although Jope consolidated Unilever in the U.K., ending a cumbersome Anglo-Dutch legal structure in an effort to facilitate more transformational deals, his first public attempt at a high-profile takeover has so far come up short.Glaxo is also under pressure from shareholders, including activist fund Elliott Investment Management LP, which has urged the drugmaker to consider a sale rather than a spinoff of the consumer brands. The pharma company has trailed rivals such as AstraZeneca Plc in developing new treatments.Glaxo has said it expects sales at the business to increase by 4% to 6% in the medium term, which is faster than the growth rate at Unilever’s personal care division. With Jope’s interest now out in the open, other bidders could emerge.Guiseppe Bivona, co-founder of Bluebell Partners, an activist hedge fund with a stake in Glaxo, called Unilever’s bid “encouraging.” “It’s a great asset and there should be broad interest in it,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005799375,"gmtCreate":1642397178311,"gmtModify":1676533707770,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005799375","repostId":"1146409677","repostType":4,"repost":{"id":"1146409677","pubTimestamp":1642396709,"share":"https://ttm.financial/m/news/1146409677?lang=&edition=fundamental","pubTime":"2022-01-17 13:18","market":"us","language":"en","title":"Got $1,000? Here's How to Turn That Into a Passive Income Stream in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1146409677","media":"Motley Fool","summary":"There's only so much time in a day. That puts some limits on your ability to generate active income ","content":"<html><head></head><body><p>There&#39;s only so much time in a day. That puts some limits on your ability to generate active income by making money from your job or a side hustle. Because of these limits, it&#39;s harder to boost your active income. You&#39;d need to switch careers, work harder, or spend more time working.</p><p>On the other hand, many passive income opportunities only require money. That allows you to take some of your hard-earned active income and make that money work for you.</p><p>One of the easiest ways to start generating passive income is investing in real estate. And one of the lowest-cost ways to start is by investing in real estate investment trusts (REITs). Here&#39;s how to use REITs to turn $1,000 into a steadily rising passive income stream.</p><p>A small chalkboard with passive income written out near stacks of $100 bills.</p><p><b>REITs: The perfect way to start generating passive income</b></p><p>Congress created REITs in the 1960s to allow anyone to invest in income-producing commercial real estate. These entities must generate the bulk of their income from real estate, 90% of which they must distribute to investors via dividend payments. This means REITs have historically offered attractive income streams. For example, the average REIT currently has a dividend yield of more than 3%, double that of the average stock in the S&amp;P 500.</p><p><b>Four great REITs for passive income</b></p><p>There are over 200 publicly traded REITs. That can make deciding which ones to buy a daunting challenge. However, a handful of REITs stand out for their proven ability to produce a growing dividend income stream. Four of my personal favorites for generating passive income are AvalonBay Communities (NYSE:AVB), Realty Income (NYSE:O), W.P. Carey (NYSE:WPC), and SL Green Realty (NYSE:SLG).</p><p>AvalonBay is a leading residential REIT focused on owning apartments in some of America&#39;s biggest and fastest-growing cities. While the REIT hasn&#39;t increased its dividend every year, it has grown it at a 5% annual rate since its initial public offering (IPO) in 1994. Moreover, apartments tend to be relatively low-risk real estate investments, driven by the growing demand for housing. AvalonBay is one of the sector&#39;s best operators, with a high-quality portfolio in great locations and a top-notch financial profile.</p><p>Realty Income is a passive income-generating machine. It pays a monthly dividend that it has increased for more than 25 straight years, qualifying it as a Dividend Aristocrat. Overall, it has given investors a raise 114 times since its IPO, including in the last 97 consecutive quarters, growing the dividend at a 4.5% compound annual rate. The retail REIT owns a diversified portfolio of essential retail buildings (e.g., grocery, home improvement, and convenience stores) and industrial properties. It also has a top-notch balance sheet.</p><p>W.P. Carey has increased its dividend every year since its IPO in 1998. The REIT owns a diversified portfolio that includes offices, warehouses, manufacturing facilities, self-storage, retail, and many other properties. It leases these buildings to high-quality tenants under triple net contacts, making them responsible for building maintenance, real estate taxes, and property insurance. These factors enable W.P. Carey to generate steady rental income.</p><p>SL Green is Manhattan&#39;s largest office landlord. The office REIT owns some of the best office buildings in the Big Apple, leased to high-quality tenants. While the office sector took a hit during the pandemic, businesses still view the office as essential to their operations. Because of that, SL Green has continued to sign new and renewal leases for its spaces. The office REIT also has a long history of growing its dividend, recently delivering its 11th annual increase.</p><p><b>One small step toward passive income freedom</b></p><p>Now that we&#39;ve covered these REITs, here&#39;s a look at what the passive income stream would look like if you invested $1,000, split evenly across these four:</p><p>Now, I know what you might be thinking: $40 isn&#39;t a lot of money. However, don&#39;t despise small beginnings. You wouldn&#39;t have to work for this money, and it&#39;s a lot more than you&#39;d earn if that cash sat in a checking or savings account, given how low interest rates are these days.</p><p>More importantly, it&#39;s the start of what could eventually become an even greater passive income stream in the future. These REITs have a long history of growing their dividends each year. Further, if you reinvest those dividends into buying more shares and use more of your hard-earned money to purchase passive income-producing assets, it can add up over time.</p><p><b>Begin building passive income today</b></p><p>By starting to collect passive income today, you can eventually free up some of the time you currently spend earning active income. While it won&#39;t happen overnight, in time, you can build a passive income portfolio that throws off a meaningful amount of cash. The key is that you need to start, and investing $1,000 across these REITs is a great way to begin.</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>Got $1,000? Here's How to Turn That Into a Passive Income Stream in 2022</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\">\nGot $1,000? Here's How to Turn That Into a Passive Income Stream in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-17 13:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/16/got-1000-heres-how-to-turn-that-into-a-passive-inc/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's only so much time in a day. That puts some limits on your ability to generate active income by making money from your job or a side hustle. Because of these limits, it's harder to boost your ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/16/got-1000-heres-how-to-turn-that-into-a-passive-inc/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WPC":"W. P. Carey Inc","AVB":"阿湾物产","SLG":"SL Green Realty Corp","O":"Realty Income Corp"},"source_url":"https://www.fool.com/investing/2022/01/16/got-1000-heres-how-to-turn-that-into-a-passive-inc/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146409677","content_text":"There's only so much time in a day. That puts some limits on your ability to generate active income by making money from your job or a side hustle. Because of these limits, it's harder to boost your active income. You'd need to switch careers, work harder, or spend more time working.On the other hand, many passive income opportunities only require money. That allows you to take some of your hard-earned active income and make that money work for you.One of the easiest ways to start generating passive income is investing in real estate. And one of the lowest-cost ways to start is by investing in real estate investment trusts (REITs). Here's how to use REITs to turn $1,000 into a steadily rising passive income stream.A small chalkboard with passive income written out near stacks of $100 bills.REITs: The perfect way to start generating passive incomeCongress created REITs in the 1960s to allow anyone to invest in income-producing commercial real estate. These entities must generate the bulk of their income from real estate, 90% of which they must distribute to investors via dividend payments. This means REITs have historically offered attractive income streams. For example, the average REIT currently has a dividend yield of more than 3%, double that of the average stock in the S&P 500.Four great REITs for passive incomeThere are over 200 publicly traded REITs. That can make deciding which ones to buy a daunting challenge. However, a handful of REITs stand out for their proven ability to produce a growing dividend income stream. Four of my personal favorites for generating passive income are AvalonBay Communities (NYSE:AVB), Realty Income (NYSE:O), W.P. Carey (NYSE:WPC), and SL Green Realty (NYSE:SLG).AvalonBay is a leading residential REIT focused on owning apartments in some of America's biggest and fastest-growing cities. While the REIT hasn't increased its dividend every year, it has grown it at a 5% annual rate since its initial public offering (IPO) in 1994. Moreover, apartments tend to be relatively low-risk real estate investments, driven by the growing demand for housing. AvalonBay is one of the sector's best operators, with a high-quality portfolio in great locations and a top-notch financial profile.Realty Income is a passive income-generating machine. It pays a monthly dividend that it has increased for more than 25 straight years, qualifying it as a Dividend Aristocrat. Overall, it has given investors a raise 114 times since its IPO, including in the last 97 consecutive quarters, growing the dividend at a 4.5% compound annual rate. The retail REIT owns a diversified portfolio of essential retail buildings (e.g., grocery, home improvement, and convenience stores) and industrial properties. It also has a top-notch balance sheet.W.P. Carey has increased its dividend every year since its IPO in 1998. The REIT owns a diversified portfolio that includes offices, warehouses, manufacturing facilities, self-storage, retail, and many other properties. It leases these buildings to high-quality tenants under triple net contacts, making them responsible for building maintenance, real estate taxes, and property insurance. These factors enable W.P. Carey to generate steady rental income.SL Green is Manhattan's largest office landlord. The office REIT owns some of the best office buildings in the Big Apple, leased to high-quality tenants. While the office sector took a hit during the pandemic, businesses still view the office as essential to their operations. Because of that, SL Green has continued to sign new and renewal leases for its spaces. The office REIT also has a long history of growing its dividend, recently delivering its 11th annual increase.One small step toward passive income freedomNow that we've covered these REITs, here's a look at what the passive income stream would look like if you invested $1,000, split evenly across these four:Now, I know what you might be thinking: $40 isn't a lot of money. However, don't despise small beginnings. You wouldn't have to work for this money, and it's a lot more than you'd earn if that cash sat in a checking or savings account, given how low interest rates are these days.More importantly, it's the start of what could eventually become an even greater passive income stream in the future. These REITs have a long history of growing their dividends each year. Further, if you reinvest those dividends into buying more shares and use more of your hard-earned money to purchase passive income-producing assets, it can add up over time.Begin building passive income todayBy starting to collect passive income today, you can eventually free up some of the time you currently spend earning active income. While it won't happen overnight, in time, you can build a passive income portfolio that throws off a meaningful amount of cash. The key is that you need to start, and investing $1,000 across these REITs is a great way to begin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187966921,"gmtCreate":1623735326563,"gmtModify":1704209969029,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Sell or hold?","listText":"Sell or hold?","text":"Sell or 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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":1614665479,"share":"https://ttm.financial/m/news/2116656128?lang=&edition=fundamental","pubTime":"2021-03-02 14:11","market":"us","language":"en","title":"Russia's February oil output falls despite plans to raise it","url":"https://stock-news.laohu8.com/highlight/detail?id=2116656128","media":"Reuters","summary":"MOSCOW, March 2 (Reuters) - Russian oil and gas condensate output fell to 10.1 million barrels per d","content":"<p>MOSCOW, March 2 (Reuters) - Russian oil and gas condensate output fell to 10.1 million barrels per day (bpd) in February from 10.16 million bpd in the previous month, despite plans to boost it, according to Reuters calculations based on an Interfax report citing official data.</p><p>Russia was due to raise its oil output by 65,000 bpd from February as the OPEC+ group of leading oil producers has agreed to ease curbs introduced by them to support prices and taper oversupply.</p><p>Oil and gas condensate production stood at 38.56 million tonnes for February, compared with 42.96 million tonnes in January, the news agency reported on Tuesday, citing data from the energy ministry.</p><p>The reason behind the fall was not immediately clear.</p><p>Two industry sources told Reuters last month that a possible explanation for the decline was that Russia exceeded its OPEC+ quota last year and OPEC's de facto leader Saudi Arabia, which is cutting its output unilaterally, has demanded all members compensate for over-production.</p><p>OPEC+ is due to have an online meeting this week to decide on production policy.</p><p>According to OPEC+ sources, the group will discuss a modest easing of oil supply curbs from April given a recovery in prices, although some suggest holding steady for now given the risk of new setbacks in the battle against the pandemic.</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>Russia's February oil output falls despite plans to raise it</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\">\nRussia's February oil output falls despite plans to raise it\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\">2021-03-02 14:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MOSCOW, March 2 (Reuters) - Russian oil and gas condensate output fell to 10.1 million barrels per day (bpd) in February from 10.16 million bpd in the previous month, despite plans to boost it, according to Reuters calculations based on an Interfax report citing official data.</p><p>Russia was due to raise its oil output by 65,000 bpd from February as the OPEC+ group of leading oil producers has agreed to ease curbs introduced by them to support prices and taper oversupply.</p><p>Oil and gas condensate production stood at 38.56 million tonnes for February, compared with 42.96 million tonnes in January, the news agency reported on Tuesday, citing data from the energy ministry.</p><p>The reason behind the fall was not immediately clear.</p><p>Two industry sources told Reuters last month that a possible explanation for the decline was that Russia exceeded its OPEC+ quota last year and OPEC's de facto leader Saudi Arabia, which is cutting its output unilaterally, has demanded all members compensate for over-production.</p><p>OPEC+ is due to have an online meeting this week to decide on production policy.</p><p>According to OPEC+ sources, the group will discuss a modest easing of oil supply curbs from April given a recovery in prices, although some suggest holding steady for now given the risk of new setbacks in the battle against the pandemic.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DGAZ":"三倍做空天然气ETN(VelocityShares)","UGAZ":"三倍做多天然气ETN(VelocityShares)","SCO":"二倍做空彭博原油指数ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","USO":"美国原油ETF","DWT":"三倍做空原油ETN","UCO":"二倍做多彭博原油ETF","DDG":"ProShares做空石油与天然气ETF","UNG":"美国天然气基金"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116656128","content_text":"MOSCOW, March 2 (Reuters) - Russian oil and gas condensate output fell to 10.1 million barrels per day (bpd) in February from 10.16 million bpd in the previous month, despite plans to boost it, according to Reuters calculations based on an Interfax report citing official data.Russia was due to raise its oil output by 65,000 bpd from February as the OPEC+ group of leading oil producers has agreed to ease curbs introduced by them to support prices and taper oversupply.Oil and gas condensate production stood at 38.56 million tonnes for February, compared with 42.96 million tonnes in January, the news agency reported on Tuesday, citing data from the energy ministry.The reason behind the fall was not immediately clear.Two industry sources told Reuters last month that a possible explanation for the decline was that Russia exceeded its OPEC+ quota last year and OPEC's de facto leader Saudi Arabia, which is cutting its output unilaterally, has demanded all members compensate for over-production.OPEC+ is due to have an online meeting this week to decide on production policy.According to OPEC+ sources, the group will discuss a modest easing of oil supply curbs from April given a recovery in prices, although some suggest holding steady for now given the risk of new setbacks in the battle against the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004399381,"gmtCreate":1642498138661,"gmtModify":1676533715683,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004399381","repostId":"1171899317","repostType":4,"isVote":1,"tweetType":1,"viewCount":578,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386734700,"gmtCreate":1613272549000,"gmtModify":1704879672313,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Testing&nbsp;","listText":"Testing&nbsp;","text":"Testing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/386734700","isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":386287935,"gmtCreate":1613185369727,"gmtModify":1704879301937,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/386287935","repostId":"2110416000","repostType":4,"isVote":1,"tweetType":1,"viewCount":5,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":351813671,"gmtCreate":1616583418693,"gmtModify":1704795967548,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/351813671","repostId":"1184343135","repostType":4,"repost":{"id":"1184343135","pubTimestamp":1616581379,"share":"https://ttm.financial/m/news/1184343135?lang=&edition=fundamental","pubTime":"2021-03-24 18:22","market":"us","language":"en","title":"Suez Canal Snarled by Giant Ship Choking Key Trade Route","url":"https://stock-news.laohu8.com/highlight/detail?id=1184343135","media":"Bloomberg","summary":"Oil prices rise on concern waterway could be blocked for days\nIncident has caused congestion for tan","content":"<ul>\n <li>Oil prices rise on concern waterway could be blocked for days</li>\n <li>Incident has caused congestion for tankers, ships in the area</li>\n</ul>\n<p>A giant container ship could be stuck in the Suez Canal for days, blocking one of the world’s busiest maritime trade routes that’s vital for the movement of everything from oil to consumer goods.</p>\n<p>The Ever Given, a container ship longer than the Eiffel Tower, ran aground in the southern part of the canal in Egypt, leaving dozens of vessels gridlocked as they attempt to transit between the Red Sea and Mediterranean. People familiar with the matter said the canal may be&nbsp;blocked for days.</p>\n<p>The 193-kilometer-long (120 miles) Suez Canal is among the most trafficked waterways in the world, used by oil tankers shipping crude from the Middle East to Europe and North America. About 12% of global trade and 8% of liquefied natural gas pass through the canal, as do around one million barrels of oil each day.</p>\n<p>No progress has been made so far in floating the vessel and clearing the canal, the Gulf Agency Company, which provides services including Suez transits, said by email. Images released by the Suez Canal Authority showed the vessel’s hull firmly wedged into a banking. They also depicted efforts by the Baraka 1, one of eight tug boats deployed so far in the rescue, to try and yank the ship free.</p>\n<p>The weight of the Ever Given -- about 224,000 tons -- and small size of the tug boats operated by canal authorities have hampered work so far, according to two people familiar with the situation, who asked not to be identified discussing private details. Ship owners are in talks with SMIT SalvageB.V., which has larger tugs, to assist, indicating that it may take days to clear the canal, one of the people said.</p>\n<p>Ever Given was grounded early Tuesday amid poor visibility caused by a dust storm and as wind speeds reached 40 knots, resulting in a “loss of the ability to steer the ship,” according to the canal authority. A “blackout” was the cause of the accident, GAC said, without providing more detail.</p>\n<p>The vessel deviated “from its course due to suspected sudden strong wind,” Taiwan-based Evergreen Line, the time charterer of the vessel, said in an emailed response to questions. Japan’s Shoei Kisen Kaisha Ltd., among those listed as the ship’s owner, declined to comment.</p>\n<blockquote>\n The Suez Canal, one of the most important shipping lanes in the world, is reportedly blocked because someone accidentally got stuck with their giant container ship. The photo is unreal.pic.twitter.com/I2ACkBqPi2— Marcel Dirsus (@marceldirsus)March 23, 2021\n</blockquote>\n<p>“The salvage operation with tugs is under way, and hopefully the vessel will be freed soon, but it could last days,”, said Ralph Leszczynski, head of research at shipbroker Banchero Costa &amp; Co.</p>\n<p>The blockage has led to a big gridlock in the area. About 42 vessels either in the northbound convoy or arriving to transit the canal northbound are now waiting for the Ever Given to be re-floated, Leth Agencies, one of the top providers of Suez Canal crossing services, said in a notice to clients. The company said it is sending a dredger to help free the ship.</p>\n<p>About 64 vessels traveling southbound were also affected. GAC said 15 affected ships are waiting at anchorage.</p>\n<p>Brent crude climbed 2.9% to $62.52 a barrel by 9.36 a.m. in London, paring heavy losses on Tuesday.</p>\n<p>Ever Given was traveling from China to Rotterdam. The crew are safe and accounted for, and there have been no reports of injuries or pollution, according to the ship’s manager, Bernhard Schulte Shipmanagement.</p>\n<p>The vessel is carrying cargo for logistics company Orient Overseas Container Line Ltd., according to Mark Wong, a spokesman for OOCL.</p>\n<p>At 400 meters in length, Ever Given was built in Japan about three years ago. Shipping companies have been turning to mega-sized vessels to help improve economies of scale, while some key routes -- including the Suez Canal -- have been widened and deepened over the years to accommodate them.</p>\n<p>Navigation is possible along the old canal, the canal authority said. But the vessel is stuck at a point that can’t be bypassed so the old canal can’t help.</p>\n<p><img src=\"https://static.tigerbbs.com/cc3c29542c65d256f050228997a1b1dd\" tg-width=\"792\" tg-height=\"833\"></p>\n<p>The canal has been the site of occasional groundings that have halted shipping. Tugboats managed to get the OOCL Japan unstuck after a few hours in October 2017. In one of the most serious delays, the canal was closed for&nbsp;three days in 2004&nbsp;after an oil tanker, Tropic Brilliance, got lodged.</p>\n<p>Any prolonged disruption could mean ships need to reroute. Bypassing the Suez Canal by traveling around the Cape of GoodHopecan add another two weeks to the voyage from Asia to Europe, leading to significant additional costs and disrupting schedules, said Banchero’s Leszczynski.</p>\n<p>The shipping industry has had a tumultuous year since the Covid-19 pandemic began roiling global trade in 2020. As countries closed borders to try keep the virus under control, exports from China surged, leading to a dearth of containers and sending maritime rates soaring. The pandemic also exacerbated&nbsp;labor abuse&nbsp;in the industry, with thousands of seafarers stuck on vessels beyond the expiration of their contracts and past the requirements of globally accepted safety standards.</p>","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>Suez Canal Snarled by Giant Ship Choking Key Trade Route</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\">\nSuez Canal Snarled by Giant Ship Choking Key Trade Route\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-24 18:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-03-23/suez-canal-traffic-blocked-by-container-ship-stuck-in-waterway?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil prices rise on concern waterway could be blocked for days\nIncident has caused congestion for tankers, ships in the area\n\nA giant container ship could be stuck in the Suez Canal for days, blocking ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-03-23/suez-canal-traffic-blocked-by-container-ship-stuck-in-waterway?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":{},"source_url":"https://www.bloomberg.com/news/articles/2021-03-23/suez-canal-traffic-blocked-by-container-ship-stuck-in-waterway?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184343135","content_text":"Oil prices rise on concern waterway could be blocked for days\nIncident has caused congestion for tankers, ships in the area\n\nA giant container ship could be stuck in the Suez Canal for days, blocking one of the world’s busiest maritime trade routes that’s vital for the movement of everything from oil to consumer goods.\nThe Ever Given, a container ship longer than the Eiffel Tower, ran aground in the southern part of the canal in Egypt, leaving dozens of vessels gridlocked as they attempt to transit between the Red Sea and Mediterranean. People familiar with the matter said the canal may be blocked for days.\nThe 193-kilometer-long (120 miles) Suez Canal is among the most trafficked waterways in the world, used by oil tankers shipping crude from the Middle East to Europe and North America. About 12% of global trade and 8% of liquefied natural gas pass through the canal, as do around one million barrels of oil each day.\nNo progress has been made so far in floating the vessel and clearing the canal, the Gulf Agency Company, which provides services including Suez transits, said by email. Images released by the Suez Canal Authority showed the vessel’s hull firmly wedged into a banking. They also depicted efforts by the Baraka 1, one of eight tug boats deployed so far in the rescue, to try and yank the ship free.\nThe weight of the Ever Given -- about 224,000 tons -- and small size of the tug boats operated by canal authorities have hampered work so far, according to two people familiar with the situation, who asked not to be identified discussing private details. Ship owners are in talks with SMIT SalvageB.V., which has larger tugs, to assist, indicating that it may take days to clear the canal, one of the people said.\nEver Given was grounded early Tuesday amid poor visibility caused by a dust storm and as wind speeds reached 40 knots, resulting in a “loss of the ability to steer the ship,” according to the canal authority. A “blackout” was the cause of the accident, GAC said, without providing more detail.\nThe vessel deviated “from its course due to suspected sudden strong wind,” Taiwan-based Evergreen Line, the time charterer of the vessel, said in an emailed response to questions. Japan’s Shoei Kisen Kaisha Ltd., among those listed as the ship’s owner, declined to comment.\n\n The Suez Canal, one of the most important shipping lanes in the world, is reportedly blocked because someone accidentally got stuck with their giant container ship. The photo is unreal.pic.twitter.com/I2ACkBqPi2— Marcel Dirsus (@marceldirsus)March 23, 2021\n\n“The salvage operation with tugs is under way, and hopefully the vessel will be freed soon, but it could last days,”, said Ralph Leszczynski, head of research at shipbroker Banchero Costa & Co.\nThe blockage has led to a big gridlock in the area. About 42 vessels either in the northbound convoy or arriving to transit the canal northbound are now waiting for the Ever Given to be re-floated, Leth Agencies, one of the top providers of Suez Canal crossing services, said in a notice to clients. The company said it is sending a dredger to help free the ship.\nAbout 64 vessels traveling southbound were also affected. GAC said 15 affected ships are waiting at anchorage.\nBrent crude climbed 2.9% to $62.52 a barrel by 9.36 a.m. in London, paring heavy losses on Tuesday.\nEver Given was traveling from China to Rotterdam. The crew are safe and accounted for, and there have been no reports of injuries or pollution, according to the ship’s manager, Bernhard Schulte Shipmanagement.\nThe vessel is carrying cargo for logistics company Orient Overseas Container Line Ltd., according to Mark Wong, a spokesman for OOCL.\nAt 400 meters in length, Ever Given was built in Japan about three years ago. Shipping companies have been turning to mega-sized vessels to help improve economies of scale, while some key routes -- including the Suez Canal -- have been widened and deepened over the years to accommodate them.\nNavigation is possible along the old canal, the canal authority said. But the vessel is stuck at a point that can’t be bypassed so the old canal can’t help.\n\nThe canal has been the site of occasional groundings that have halted shipping. Tugboats managed to get the OOCL Japan unstuck after a few hours in October 2017. In one of the most serious delays, the canal was closed for three days in 2004 after an oil tanker, Tropic Brilliance, got lodged.\nAny prolonged disruption could mean ships need to reroute. Bypassing the Suez Canal by traveling around the Cape of GoodHopecan add another two weeks to the voyage from Asia to Europe, leading to significant additional costs and disrupting schedules, said Banchero’s Leszczynski.\nThe shipping industry has had a tumultuous year since the Covid-19 pandemic began roiling global trade in 2020. As countries closed borders to try keep the virus under control, exports from China surged, leading to a dearth of containers and sending maritime rates soaring. The pandemic also exacerbated labor abuse in the industry, with thousands of seafarers stuck on vessels beyond the expiration of their contracts and past the requirements of globally accepted safety standards.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361504576,"gmtCreate":1614244321895,"gmtModify":1704769496158,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/361504576","repostId":"1130704632","repostType":4,"repost":{"id":"1130704632","pubTimestamp":1614243612,"share":"https://ttm.financial/m/news/1130704632?lang=&edition=fundamental","pubTime":"2021-02-25 17:00","market":"us","language":"en","title":"Stock markets ‘look frothy,’ but Standard Chartered CEO sees no reason to panic over inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1130704632","media":"cnbc","summary":"KEY POINTS\n\n“There are indications that the broader stock market is frothy, whether it’s the various","content":"<div>\n<p>KEY POINTS\n\n“There are indications that the broader stock market is frothy, whether it’s the various valuation multiples (that) would indicate that the markets are, certainly (in) some aspects, are ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/25/standard-chartered-ceo-bill-winters-warns-stock-markets-look-frothy.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>Stock markets ‘look frothy,’ but Standard Chartered CEO sees no reason to panic over inflation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock markets ‘look frothy,’ but Standard Chartered CEO sees no reason to panic over inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-25 17:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/25/standard-chartered-ceo-bill-winters-warns-stock-markets-look-frothy.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\n“There are indications that the broader stock market is frothy, whether it’s the various valuation multiples (that) would indicate that the markets are, certainly (in) some aspects, are ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/25/standard-chartered-ceo-bill-winters-warns-stock-markets-look-frothy.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/02/25/standard-chartered-ceo-bill-winters-warns-stock-markets-look-frothy.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1130704632","content_text":"KEY POINTS\n\n“There are indications that the broader stock market is frothy, whether it’s the various valuation multiples (that) would indicate that the markets are, certainly (in) some aspects, are toppish,” Bill Winters, CEO of Standard Chartered, told CNBC’s “Squawk Box Europe” on Thursday.\nHis comments come after U.S. futures contracts tied to the Dow Jones Industrial Average closed at a record high on Wednesday, and as Federal Reserve Chairman Jerome Powell downplayed the threat of inflation.\n\nLONDON —The chief executive of Standard Chartered on Thursday warned stock market valuations appear to have reached unsustainable levels amid a period of what he described as “speculative hype,” warning it is possible for a tech-led sell-off to spill over into other sectors.\n“There are indications that the broader stock market is frothy, whether it’s the various valuation multiples (that) would indicate that the markets are, certainly (in) some aspects, are toppish,” Bill Winters, CEO of Standard Chartered, told CNBC’s “Squawk Box Europe” on Thursday.\n“That does not apply to banks, I will add very quickly. I would say value stocks generally don’t look like they are very fully valued right now. But that’s the nature of the speculative hype that we are in right now,” he added.\nHis comments come after U.S. futures contracts tied to the Dow Jones Industrial Average closed at a record high on Wednesday, and as Federal Reserve Chairman Jerome Powell downplayed the threat of inflation.\nPowell said it may take more than three years for prices to reach the U.S. central bank’s inflationary targets. It was another sign that the Fed plans to look beyond any short-term bump in inflation and will likely hold interest rates steady for some time to come.\nInflation fears have risen in recent weeks amid a sharp rise in bond yields as policymakers debate another round of economic relief during the ongoing coronavirus crisis.\nWinters, however, said he was not concerned about inflation in the short term. The StanChart CEO said the combination of ongoing “very accommodative” monetary policy and “very substantial” fiscal impetus, particularly in the U.S., could lead to a temporary pickup in inflation.\n“But for that to translate into real market volatility would probably require some other exogenous shock,” he added.\nTech worries\nWhen asked whether soaring tech stocks could impact broader markets if they were to abruptly turn lower, Winters replied: “It is possible. We all remember the dotcom bubble very well and when the bubble bursts, of course it hit the technology sector, the dotcoms, very hard.”\n“But it spilled over to the broader economy and some would say it even led to — with the benefit of hindsight — a very mild recession, even though it felt pretty acute at the time,” he continued.\n“I think there is still a very active debate over what the value is for some of these tech stocks or tech giants. When we look at the follow through to the dotcom bubble and the number of companies that felt bubblish at the time that have gone on to have market values in excess of $1 trillion, who’s to say that they were not grotesquely undervalued at the peak of the dotcom bubble and not the other way around?” Winters said.\nEarlier on Thursday, StanChartreporteda 57% fall in annual profit for 2020, missing analyst expectations.\nThe London-headquartered lender said pretax profit came in at $1.61 billion, compared with $3.71 billion in 2019 and the $1.85 billion average of analyst forecasts compiled by the bank.\nStanChart also restored its dividend and reaffirmed its long-term profit goals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":3,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382977579,"gmtCreate":1613356739991,"gmtModify":1704880030894,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"I think&nbsp;Tesla is too&nbsp;overpriced right now ?","listText":"I think&nbsp;Tesla is too&nbsp;overpriced right now ?","text":"I think Tesla is too overpriced right now ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/382977579","isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3562062018050031","authorId":"3562062018050031","name":"Genekun","avatar":"https://static.tigerbbs.com/ffb91ce7286a4dd47ea48415366d485f","crmLevel":5,"crmLevelSwitch":1,"idStr":"3562062018050031","authorIdStr":"3562062018050031"},"content":"Not really, avg analyst tp are at $900. recent 1.5b bitcoin hedge also making huge unrealised gains for now. With countries promoting green energy, not really overpriced","text":"Not really, avg analyst tp are at $900. recent 1.5b bitcoin hedge also making huge unrealised gains for now. With countries promoting green energy, not really overpriced","html":"Not really, avg analyst tp are at $900. recent 1.5b bitcoin hedge also making huge unrealised gains for now. With countries promoting green energy, not really overpriced"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090375473,"gmtCreate":1643102419514,"gmtModify":1676533774162,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090375473","repostId":"1167328602","repostType":4,"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004667345,"gmtCreate":1642588313955,"gmtModify":1676533725297,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004667345","repostId":"1196007613","repostType":4,"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363582649,"gmtCreate":1614154592481,"gmtModify":1704888799398,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/363582649","repostId":"1108395722","repostType":4,"repost":{"id":"1108395722","pubTimestamp":1614154510,"share":"https://ttm.financial/m/news/1108395722?lang=&edition=fundamental","pubTime":"2021-02-24 16:15","market":"us","language":"en","title":"The GameStop Craze Was Mostly Just Crazy","url":"https://stock-news.laohu8.com/highlight/detail?id=1108395722","media":"The New York Times","summary":"The congressional hearing about the “meme stock” frenzy shows it was definitely bizarre, but maybe n","content":"<p>The congressional hearing about the “meme stock” frenzy shows it was definitely bizarre, but maybe not as meaningful as we desire.</p>\n<p>What if no one had done anything wrong?</p>\n<p>That’s the bizarre takeaway I was left with this past Thursday, following the House Financial Services Committee’s five-hour hearing on last month’s wild emergence of day-traders betting enormous collective sums on “meme stocks” — shares in the companies that became half-ironically very popular on Reddit and the brokerage app Robinhood this year.</p>\n<p>Many of us in the media, along with media consumers, tried to make sense of the frenzy — our brains (and business incentives) demand it. But the hearing suggested that was folly. In the end, it appears a lot of money changed hands in unforeseen, bizarre ways, but that there are no grand lessons, despite our great desire for them.</p>\n<p>At the hearing’s center was Vlad Tenev, the chief of the Robinhood. His app’s user-friendly interface and his initial belief in imposing few guardrails on its traders enabled an unprecedented surge in the share price of the video game retailer GameStop. Now trading around $40 per share, at one point, its price was as high as $483.</p>\n<p>While users of the Reddit forum WallStreetBets had been talking up GameStop for weeks before its stock skyrocketed, it grew into a cultural phenomenon only once a jaunty bunch of forum members painted themselves as the antagonists of the hedge funds that bet big money on GameStop plummeting (by “short-selling” the stock). Some technocrats had wondered if Reddit may have enabled a form of illegal stock manipulation. And so Steve Huffman, Reddit’s chief executive, was in attendance Thursday too.</p>\n<p>Then there was Keith Gill, known as Roaring Kitty on YouTube and Deep [Expletive] Value on Reddit. Mr. Gill, a recent MassMutual employee, whose longtime advocacy of GameStop and huge gains during the meme stock craze made him an icon, spoke bluntly about the company’s upsides and defended the integrity of publicly discussing his trades: “In short, I like the stock.” Mr. Huffman of Reddit also seemed sensible, explaining to lawmakers that Reddit’s forums are moderated by users themselves. After an internal investigation, Mr. Huffman said he saw no evidence of malign actors artificially generating excitement about GameStop or other companies that were buoyed by WallStreetBets.</p>\n<p>The financial heavyweights involved in the episode were called to the hearings as well: There was Gabe Plotkin of Melvin Capital, the hedge fund that took the most infamous losses by betting against GameStop. He was joined by Kenneth Griffin, the leader of Citadel. His company invested in Melvin Capital after its GameStop losses<i>and</i>makes money by executing trades on behalf of Robinhood (and some other retail brokers).</p>\n<p>It was this knotty set of entanglements that spurred bipartisan outrage and seeded conspiracy theories online — especially when Robinhood restricted purchases of GameStop and other meme stocks, with little explanation, fueling a crash in their share prices. In that void, many became suspicious that Citadel may have been illegally pulling strings to make money on both sides of the saga.</p>\n<p>But after the hearing, it became clear that the sinister theories lacked substance.</p>\n<p>Barring some bombshell revelation, it appears the hearing confirmed a more turgid underlying truth: The trading in GameStop and other meme stocks was so volatile that the clearinghouses — which are in charge of making sure money gets correctly exchanged between buyers and sellers —demanded billions&nbsp;in collateral from Robinhood and other retail brokerage platforms to ensure that the trades settled. So the brokerages had to hit pause.</p>\n<p>While financial commentators and regulators can and will argue about what if any regulations should be instituted going forward, it looks as if everybody played by the rules, as they stand.</p>\n<p>So did we really learn anything profound? The marketplace of opinions about the meme stock phenomenon has been as volatile as the trading itself: A series of hypotheses about populism, corruption, masculinity, inequality and price bubbles battled for primacy among those of us who watch cable news and consume think pieces.</p>\n<p>At the hearing, various members endorsed different theories. “Many Americans feel that the system is stacked against them, and no matter what, Wall Street always wins,” said the Financial Services Committee chairwoman, Maxine Waters, Democrat of California.</p>\n<p>The panel’s ranking Republican member, Patrick McHenry of North Carolina,suggested&nbsp;that the issue was less that of a game rigged against small-time investors and more the lack of productive assets for them to buy. “We created a world where it’s easier to buy a lottery ticket than it is to invest in the next Google,” he said. “Is it any wonder why the unhealthy dynamics of GameStop happened?”</p>\n<p>All in all, some hedge funds got pummeled, but briefly. Some unlucky retail investors got in on the fun too late, taking serious losses. And there were also plenty of life-changing profits taken by people far beyond the usual suspects. That’s a pretty muddied picture.</p>\n<p>The most meaningful thing to glean from all of this, according to Josh Brown, the chief executive of Ritholz Asset Management, may be a large incentive change for market behavior going forward: “I don’t think it’s in anyone’s best interest to be that visibly vocally ‘short’ on anything,” he told me. “I think that era has ended where there’s this automatic kneejerk reverence for a $5 billion hedge fund manager with a PowerPoint” pitching other investors on why they should bet against a company.</p>\n<p>Though shares in GameStop and fellow meme stock AMC have fallen far short of “the moon” where its boosters hoped it would land, both companies are, for now, trading above their most disastrous lows.</p>\n<p>And while Melvin Capital, the beleaguered hedge fund, finds itself fortunate and still in operation, any institution with a greedy “short” position on a thinly traded stock runs a major risk in this newly democratized financial market.</p>\n<p>“If it becomes a meme,” Mr. Brown said, “literally your fund could get closed.”</p>\n<p>Few will mourn the degradation of aggressive short-sellers; they’re the skunks at the picnic. But it does raise the question of&nbsp;why regulators are eyeing new rules&nbsp;about their behavior. After all, the market — with meme stocks or not — may take care of them on its own.</p>","source":"lsy1608616134662","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 GameStop Craze Was Mostly Just Crazy</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 GameStop Craze Was Mostly Just Crazy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-24 16:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://nytimes.com/2021/02/23/opinion/gamestop-price-congress-robinhood.html><strong>The New York Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The congressional hearing about the “meme stock” frenzy shows it was definitely bizarre, but maybe not as meaningful as we desire.\nWhat if no one had done anything wrong?\nThat’s the bizarre takeaway I...</p>\n\n<a href=\"http://nytimes.com/2021/02/23/opinion/gamestop-price-congress-robinhood.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","GME":"游戏驿站",".SPX":"S&P 500 Index"},"source_url":"http://nytimes.com/2021/02/23/opinion/gamestop-price-congress-robinhood.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108395722","content_text":"The congressional hearing about the “meme stock” frenzy shows it was definitely bizarre, but maybe not as meaningful as we desire.\nWhat if no one had done anything wrong?\nThat’s the bizarre takeaway I was left with this past Thursday, following the House Financial Services Committee’s five-hour hearing on last month’s wild emergence of day-traders betting enormous collective sums on “meme stocks” — shares in the companies that became half-ironically very popular on Reddit and the brokerage app Robinhood this year.\nMany of us in the media, along with media consumers, tried to make sense of the frenzy — our brains (and business incentives) demand it. But the hearing suggested that was folly. In the end, it appears a lot of money changed hands in unforeseen, bizarre ways, but that there are no grand lessons, despite our great desire for them.\nAt the hearing’s center was Vlad Tenev, the chief of the Robinhood. His app’s user-friendly interface and his initial belief in imposing few guardrails on its traders enabled an unprecedented surge in the share price of the video game retailer GameStop. Now trading around $40 per share, at one point, its price was as high as $483.\nWhile users of the Reddit forum WallStreetBets had been talking up GameStop for weeks before its stock skyrocketed, it grew into a cultural phenomenon only once a jaunty bunch of forum members painted themselves as the antagonists of the hedge funds that bet big money on GameStop plummeting (by “short-selling” the stock). Some technocrats had wondered if Reddit may have enabled a form of illegal stock manipulation. And so Steve Huffman, Reddit’s chief executive, was in attendance Thursday too.\nThen there was Keith Gill, known as Roaring Kitty on YouTube and Deep [Expletive] Value on Reddit. Mr. Gill, a recent MassMutual employee, whose longtime advocacy of GameStop and huge gains during the meme stock craze made him an icon, spoke bluntly about the company’s upsides and defended the integrity of publicly discussing his trades: “In short, I like the stock.” Mr. Huffman of Reddit also seemed sensible, explaining to lawmakers that Reddit’s forums are moderated by users themselves. After an internal investigation, Mr. Huffman said he saw no evidence of malign actors artificially generating excitement about GameStop or other companies that were buoyed by WallStreetBets.\nThe financial heavyweights involved in the episode were called to the hearings as well: There was Gabe Plotkin of Melvin Capital, the hedge fund that took the most infamous losses by betting against GameStop. He was joined by Kenneth Griffin, the leader of Citadel. His company invested in Melvin Capital after its GameStop lossesandmakes money by executing trades on behalf of Robinhood (and some other retail brokers).\nIt was this knotty set of entanglements that spurred bipartisan outrage and seeded conspiracy theories online — especially when Robinhood restricted purchases of GameStop and other meme stocks, with little explanation, fueling a crash in their share prices. In that void, many became suspicious that Citadel may have been illegally pulling strings to make money on both sides of the saga.\nBut after the hearing, it became clear that the sinister theories lacked substance.\nBarring some bombshell revelation, it appears the hearing confirmed a more turgid underlying truth: The trading in GameStop and other meme stocks was so volatile that the clearinghouses — which are in charge of making sure money gets correctly exchanged between buyers and sellers —demanded billions in collateral from Robinhood and other retail brokerage platforms to ensure that the trades settled. So the brokerages had to hit pause.\nWhile financial commentators and regulators can and will argue about what if any regulations should be instituted going forward, it looks as if everybody played by the rules, as they stand.\nSo did we really learn anything profound? The marketplace of opinions about the meme stock phenomenon has been as volatile as the trading itself: A series of hypotheses about populism, corruption, masculinity, inequality and price bubbles battled for primacy among those of us who watch cable news and consume think pieces.\nAt the hearing, various members endorsed different theories. “Many Americans feel that the system is stacked against them, and no matter what, Wall Street always wins,” said the Financial Services Committee chairwoman, Maxine Waters, Democrat of California.\nThe panel’s ranking Republican member, Patrick McHenry of North Carolina,suggested that the issue was less that of a game rigged against small-time investors and more the lack of productive assets for them to buy. “We created a world where it’s easier to buy a lottery ticket than it is to invest in the next Google,” he said. “Is it any wonder why the unhealthy dynamics of GameStop happened?”\nAll in all, some hedge funds got pummeled, but briefly. Some unlucky retail investors got in on the fun too late, taking serious losses. And there were also plenty of life-changing profits taken by people far beyond the usual suspects. That’s a pretty muddied picture.\nThe most meaningful thing to glean from all of this, according to Josh Brown, the chief executive of Ritholz Asset Management, may be a large incentive change for market behavior going forward: “I don’t think it’s in anyone’s best interest to be that visibly vocally ‘short’ on anything,” he told me. “I think that era has ended where there’s this automatic kneejerk reverence for a $5 billion hedge fund manager with a PowerPoint” pitching other investors on why they should bet against a company.\nThough shares in GameStop and fellow meme stock AMC have fallen far short of “the moon” where its boosters hoped it would land, both companies are, for now, trading above their most disastrous lows.\nAnd while Melvin Capital, the beleaguered hedge fund, finds itself fortunate and still in operation, any institution with a greedy “short” position on a thinly traded stock runs a major risk in this newly democratized financial market.\n“If it becomes a meme,” Mr. Brown said, “literally your fund could get closed.”\nFew will mourn the degradation of aggressive short-sellers; they’re the skunks at the picnic. But it does raise the question of why regulators are eyeing new rules about their behavior. After all, the market — with meme stocks or not — may take care of them on its own.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007582044,"gmtCreate":1642948012596,"gmtModify":1676533759281,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007582044","repostId":"2205248240","repostType":4,"isVote":1,"tweetType":1,"viewCount":647,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004667106,"gmtCreate":1642588336115,"gmtModify":1676533725297,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004667106","repostId":"1127349784","repostType":4,"repost":{"id":"1127349784","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1642585071,"share":"https://ttm.financial/m/news/1127349784?lang=&edition=fundamental","pubTime":"2022-01-19 17:37","market":"us","language":"en","title":"5 Stocks To Watch For January 19, 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=1127349784","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:Wall Street expects Bank of America Corpor","content":"<html><head></head><body><p>Some of the stocks that may grab investor focus today are:</p><ul><li>Wall Street expects <b>Bank of America Corporation</b> to report quarterly earnings at $0.76 per share on revenue of $22.23 billion before the opening bell. Bank of America shares slipped 0.2% to $46.18 in pre-market trading.</li><li><b>J.B. Hunt Transport Services, Inc.</b> reported better-than-expected results for its fourth quarter on Tuesday. J.B. Hunt shares gained 0.5% to $201.54 in the after-hours trading session.</li><li>Analysts are expecting <b>Morgan Stanley</b> to have earned $2.00 per share on revenue of $14.77 billion for the latest quarter. The bank will release earnings before the markets open. Morgan Stanley shares dropped 0.2% to $93.79 in after-hours trading.</li></ul><ul><li><b>Signature Bank</b> reported pricing of its underwritten offering of 2,100,000 shares at $352.00 per share. Signature Bank shares dropped 1.5% to $350.26 in the after-hours trading session.</li><li>Analysts expect <b>The Procter &amp; Gamble Company</b> to report quarterly earnings at $1.65 per share on revenue of $20.34 billion after the closing bell. Procter &amp; Gamble shares fell 0.1% to $156.51 in after-hours trading.</li></ul></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>5 Stocks To Watch For January 19, 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Stocks To Watch For January 19, 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-01-19 17:37</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Some of the stocks that may grab investor focus today are:</p><ul><li>Wall Street expects <b>Bank of America Corporation</b> to report quarterly earnings at $0.76 per share on revenue of $22.23 billion before the opening bell. Bank of America shares slipped 0.2% to $46.18 in pre-market trading.</li><li><b>J.B. Hunt Transport Services, Inc.</b> reported better-than-expected results for its fourth quarter on Tuesday. J.B. Hunt shares gained 0.5% to $201.54 in the after-hours trading session.</li><li>Analysts are expecting <b>Morgan Stanley</b> to have earned $2.00 per share on revenue of $14.77 billion for the latest quarter. The bank will release earnings before the markets open. Morgan Stanley shares dropped 0.2% to $93.79 in after-hours trading.</li></ul><ul><li><b>Signature Bank</b> reported pricing of its underwritten offering of 2,100,000 shares at $352.00 per share. Signature Bank shares dropped 1.5% to $350.26 in the after-hours trading session.</li><li>Analysts expect <b>The Procter &amp; Gamble Company</b> to report quarterly earnings at $1.65 per share on revenue of $20.34 billion after the closing bell. Procter &amp; Gamble shares fell 0.1% to $156.51 in after-hours trading.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JBHT":"JB Hunt运输服务","MS":"摩根士丹利","PG":"宝洁","BAC":"美国银行","SBNY":"签字银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127349784","content_text":"Some of the stocks that may grab investor focus today are:Wall Street expects Bank of America Corporation to report quarterly earnings at $0.76 per share on revenue of $22.23 billion before the opening bell. Bank of America shares slipped 0.2% to $46.18 in pre-market trading.J.B. Hunt Transport Services, Inc. reported better-than-expected results for its fourth quarter on Tuesday. J.B. Hunt shares gained 0.5% to $201.54 in the after-hours trading session.Analysts are expecting Morgan Stanley to have earned $2.00 per share on revenue of $14.77 billion for the latest quarter. The bank will release earnings before the markets open. Morgan Stanley shares dropped 0.2% to $93.79 in after-hours trading.Signature Bank reported pricing of its underwritten offering of 2,100,000 shares at $352.00 per share. Signature Bank shares dropped 1.5% to $350.26 in the after-hours trading session.Analysts expect The Procter & Gamble Company to report quarterly earnings at $1.65 per share on revenue of $20.34 billion after the closing bell. Procter & Gamble shares fell 0.1% to $156.51 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363582265,"gmtCreate":1614154609157,"gmtModify":1704888801350,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363582265","repostId":"2113136856","repostType":4,"repost":{"id":"2113136856","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":1614153460,"share":"https://ttm.financial/m/news/2113136856?lang=&edition=fundamental","pubTime":"2021-02-24 15:57","market":"sh","language":"en","title":"China shares slump most in 7 months as tightening fears mount","url":"https://stock-news.laohu8.com/highlight/detail?id=2113136856","media":"Reuters","summary":"SHANGHAI, Feb 24 (Reuters) - Chinese shares closed lower on Wednesday, with the benchmark stock inde","content":"<p>SHANGHAI, Feb 24 (Reuters) - Chinese shares closed lower on Wednesday, with the benchmark stock index witnessing its biggest daily drop in seven months, as investors worried about high valuations amid growing concerns of tightening in policies.</p>\n<p>The benchmark Shanghai Composite Index sank 2% to 3,564.08, in its biggest daily percentage loss since July 24. The blue-chip CSI300 index slid 2.6%.</p>\n<p>Leading the losses, the material sub-index slumped 4.71%, while the consumer staples sector dropped 4.46% and the healthcare sector slid 4.41%.</p>\n<p>\"Those sectors gained too much in previous sessions and valuations are still near record highs,\" said Zhang Qi, analyst with Haitong Securities.</p>\n<p>Investors are rotating out of consumer shares, and some fund managers have even stopped new subscriptions into funds such as those heavily invested in high-valued liquor shares, Zhang added.</p>\n<p>China's benchmark index has lost 3.6% so far this week over policy-tightening worries, after advancing to a more than 13-year high in February on optimism around the country's economic recovery.</p>\n<p>That is despite indications that while the central bank will scale back support for the economy in 2021 and cool credit growth, fears of debt defaults and a derailed recovery will prevent it from tightening any time soon.</p>\n<p>The smaller Shenzhen index ended down 2.03% and the tech-heavy start-up board ChiNext Composite index was weaker by 3.37%.</p>\n<p>The losses on Wednesday came alongside steep falls in Hong Kong after the city's government announced a stamp duty hike. The Hang Seng index was 3% lower in late afternoon trade.</p>\n<p>But Yan Kaiwen, an analyst with China Fortune Securities, said the move could bode well for the mainland A-share market in the short term.</p>\n<p>\"Though sentiment was weak for now, and fund managers may be forced to sell A-shares to deal with redemptions made by mainland investors who invested in Hong Kong stocks via mutual funds,\" Yan said.</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>China shares slump most in 7 months as tightening fears mount</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina shares slump most in 7 months as tightening fears mount\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\">2021-02-24 15:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, Feb 24 (Reuters) - Chinese shares closed lower on Wednesday, with the benchmark stock index witnessing its biggest daily drop in seven months, as investors worried about high valuations amid growing concerns of tightening in policies.</p>\n<p>The benchmark Shanghai Composite Index sank 2% to 3,564.08, in its biggest daily percentage loss since July 24. The blue-chip CSI300 index slid 2.6%.</p>\n<p>Leading the losses, the material sub-index slumped 4.71%, while the consumer staples sector dropped 4.46% and the healthcare sector slid 4.41%.</p>\n<p>\"Those sectors gained too much in previous sessions and valuations are still near record highs,\" said Zhang Qi, analyst with Haitong Securities.</p>\n<p>Investors are rotating out of consumer shares, and some fund managers have even stopped new subscriptions into funds such as those heavily invested in high-valued liquor shares, Zhang added.</p>\n<p>China's benchmark index has lost 3.6% so far this week over policy-tightening worries, after advancing to a more than 13-year high in February on optimism around the country's economic recovery.</p>\n<p>That is despite indications that while the central bank will scale back support for the economy in 2021 and cool credit growth, fears of debt defaults and a derailed recovery will prevent it from tightening any time soon.</p>\n<p>The smaller Shenzhen index ended down 2.03% and the tech-heavy start-up board ChiNext Composite index was weaker by 3.37%.</p>\n<p>The losses on Wednesday came alongside steep falls in Hong Kong after the city's government announced a stamp duty hike. The Hang Seng index was 3% lower in late afternoon trade.</p>\n<p>But Yan Kaiwen, an analyst with China Fortune Securities, said the move could bode well for the mainland A-share market in the short term.</p>\n<p>\"Though sentiment was weak for now, and fund managers may be forced to sell A-shares to deal with redemptions made by mainland investors who invested in Hong Kong stocks via mutual funds,\" Yan said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2113136856","content_text":"SHANGHAI, Feb 24 (Reuters) - Chinese shares closed lower on Wednesday, with the benchmark stock index witnessing its biggest daily drop in seven months, as investors worried about high valuations amid growing concerns of tightening in policies.\nThe benchmark Shanghai Composite Index sank 2% to 3,564.08, in its biggest daily percentage loss since July 24. The blue-chip CSI300 index slid 2.6%.\nLeading the losses, the material sub-index slumped 4.71%, while the consumer staples sector dropped 4.46% and the healthcare sector slid 4.41%.\n\"Those sectors gained too much in previous sessions and valuations are still near record highs,\" said Zhang Qi, analyst with Haitong Securities.\nInvestors are rotating out of consumer shares, and some fund managers have even stopped new subscriptions into funds such as those heavily invested in high-valued liquor shares, Zhang added.\nChina's benchmark index has lost 3.6% so far this week over policy-tightening worries, after advancing to a more than 13-year high in February on optimism around the country's economic recovery.\nThat is despite indications that while the central bank will scale back support for the economy in 2021 and cool credit growth, fears of debt defaults and a derailed recovery will prevent it from tightening any time soon.\nThe smaller Shenzhen index ended down 2.03% and the tech-heavy start-up board ChiNext Composite index was weaker by 3.37%.\nThe losses on Wednesday came alongside steep falls in Hong Kong after the city's government announced a stamp duty hike. The Hang Seng index was 3% lower in late afternoon trade.\nBut Yan Kaiwen, an analyst with China Fortune Securities, said the move could bode well for the mainland A-share market in the short term.\n\"Though sentiment was weak for now, and fund managers may be forced to sell A-shares to deal with redemptions made by mainland investors who invested in Hong Kong stocks via mutual funds,\" Yan said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385634720,"gmtCreate":1613540773260,"gmtModify":1704881797875,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Do you think there will be another saga like GME short&nbsp;sell madness in the future?&nbsp;","listText":"Do you think there will be another saga like GME short&nbsp;sell madness in the future?&nbsp;","text":"Do you think there will be another saga like GME short sell madness in the future?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/385634720","isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9005799375,"gmtCreate":1642397178311,"gmtModify":1676533707770,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Yay","listText":"Yay","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9005799375","repostId":"1146409677","repostType":4,"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375278734,"gmtCreate":1619355403628,"gmtModify":1704722798116,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375278734","repostId":"1188060568","repostType":4,"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375278592,"gmtCreate":1619355381516,"gmtModify":1704722796650,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375278592","repostId":"1184404050","repostType":4,"repost":{"id":"1184404050","pubTimestamp":1619319329,"share":"https://ttm.financial/m/news/1184404050?lang=&edition=fundamental","pubTime":"2021-04-25 10:55","market":"us","language":"en","title":"What to watch in the markets this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1184404050","media":"CNBC","summary":"The last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House.Big Tech is a highlight of the earnings calendar, with Apple, Microsoft, Amazon, Facebook and Alphabet all releasing results.The Fed is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.There is some key data including first-quarter gross domestic product a","content":"<div>\n<p>KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.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>What to watch in the markets this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; 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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\">\nWhat to watch in the markets this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-25 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House....</p>\n\n<a href=\"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","TSLA":"特斯拉",".SPX":"S&P 500 Index","AAPL":"苹果","AMZN":"亚马逊","GOOGL":"谷歌A",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/04/23/taxes-and-inflation-will-be-key-themes-for-markets-in-the-week-ahead.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1184404050","content_text":"KEY POINTSThe last week of April will be extremely busy for markets with a third of the S&P 500 reporting earnings, a Federal Reserve meeting, and new spending and tax proposals from the White House.Big Tech is a highlight of the earnings calendar, with Apple, Microsoft, Amazon, Facebook and Alphabet all releasing results.The Fed is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.There is some key data including first-quarter gross domestic product and the Fed’s favorite inflation measure: the personal consumption expenditures deflator.The final week of April is going to be a busy one for markets with a Federal Reserve meeting and a deluge of earnings news.Hot topics in markets will continue to be inflation and taxes.President Joe Biden is expected to detail his “American Families Plan” and the tax increases to pay for it, including a much higher capital gains tax for the wealthy.The plan is the second part of his Build Back Better agenda and will include new spending proposals aimed at helping families. The president addresses a joint session of Congress Wednesday evening.It’s a huge week for earnings with about a third of the S&P 500 reporting, including Big Tech names, such as Apple,Microsoft,Alphabet and Amazon.As many have already done, firms like Boeing, Ford,Caterpillar and McDonald’s, are likely to detail cost pressures they are facing from rising materials and transportation costs and supply chain disruptions.At the same time, the Fed is expected to defend its policy of letting inflation run hot, while assuring markets it sees the pick-up in prices as only temporary. The central bank meets on Tuesday and Wednesday.The central bank takes the main stage“I think the Fed would like not to be a feature next week, but the Fed will be forced from the background because of concerns about inflation,” said Diane Swonk, chief economist at Grant Thornton.The central bank is not expected to make any policy moves, but Fed Chairman Jerome Powell’s press briefing following the meeting Wednesday will be closely watched.So far, the barrage of earnings news has been positive, with 86% of companies reporting earnings beats. Corporate profits are expected to be up about 33.9% for the first quarter, based on estimates and actual reports, according to Refinitiv. Revenues are about 9.9% higher.There is important inflation data Friday when the Fed’s preferred inflation gauge is reported.The personal consumption expenditure report is expected to show a 1.8% rise in core inflation, still below the Fed’s target of 2%. Other data releases include the first-quarter gross domestic product on Thursday, which is expected to have grown by 6.5%, according to Dow Jones.“I think the Fed has no urgency to shift monetary policy at this point,” said Ian Lyngen, head of U.S. rates strategy at BMO. “The Fed needs to acknowledge that the data is improving. We had a strong first quarter.”“The Fed needs to acknowledge that but at the same time they’re keeping extremely accommodative policy in place, so they’ll have to make a note to the fact that the easy policy is warranted,” he said.Lyngen said the Fed will likely point to continued concerns about the pandemic globally as a potential risk to the economic recovery.Powell is also expected to once more explain that the Fed will let inflation rise above its 2% target for a period of time before it raises rates so that the economy can have more time to heal. “It’s going to be a challenge for the Fed,” said Swonk.The base effects for the next several months will make inflation appear to have jumped sharply because of the comparison to a weak period last year. The consumer price index for April could be above 3%, compared to 2.6% last month, Swonk added.“The Fed is trying to let a lot more people get out onto the dance floor before it calls ‘last call,’” she said. “Really what Powell has been saying since day one is if we take care of people on the margins and bring them back into the labor force, the rest will take care of itself.”Stocks were slightly lower in the past week, and Treasury yields held at lower levels. The 10-year yield,which moves opposite price, was at 1.55% Friday.The S&P 500was down 0.1%, ending the week at 4,180, while Nasdaq Composite was down nearly 0.3% at 14,016. The Dow was off just shy of 0.5% at 34,043.Tax hike prospectsStocks were hit hard on Thursday when after a news report said that Biden is expected to propose a capital gains tax rate of 39.6% for people earning more than $1 million a year.Combined with the 3.8% net investment income tax, the new levy would more than double the long term capital gains rate of 20% or the richest Americans.Strategists said Biden is expected to propose raising the income tax rate for those earning more than $400,000.“I think a lot of people are starting to price in the risk there going to be a significant increase in both corporate and capital gains taxes,” said Lyngen.So far, companies have not provided much in the way of commentary on the proposed hike in corporate taxes to 28% from 21% but they have been talking about other costs.David Bianco, chief investment strategist for the Americas at DWS, said he expects larger companies will do better dealing with supply chain constraints than smaller ones. Big Tech is also likely to fare better during the semiconductor shortage than auto makers, which have already announced production shutdowns, he said.“Next week is tech week. I think we’re going to get down on our knees and just be in awe of their business models and their ability to grow at a behemoth scale,” Bianco said.He said he’s not in favor of Wall Street’s popular trade into cyclicals and out of growth. He still favors growth.“We’re overweight equities really because we’re concerned about rising interest rates,” Bianco said. “I’m not bullish in that I expect the market to rise that much from here.”“We stuck with growth and dug deeper into bond substitutes, utilities, staples, real estate,” he said, adding he is underweight industrials, energy and materials. “Energy is doomed. It’s being nationalized via regulation. I do like industrials, they are well-run companies, but I do think infrastructure spending expectations for classic infrastructure are too high.”He also said industrials are good businesses, but the stocks have become overvalued.Bianco said he likes big box stores, but smaller retailers are facing big challenges that were already impacting them prior to Covid. He also finds small biotech firms attractive.“I like healthcare stocks. Those valuations are reasonable. People have been paranoid about politicians beating on them since 1992. They manage through it and lately they’ve been delivering,” he said.Week ahead calendarMondayEarnings:Tesla,Canadian National Railway, Canon,Check Point Software,Otis Worldwide, Vale,Ameriprise,NXP Semiconductor,Albertsons, Royal Phillips8:30 a.m. Durable goodsTuesdayFOMC begins two day meetingEarnings:Microsoft,Alphabet,Visa,Amgen,Advanced Micro Devices,3M,General Electric,Eli Lilly, Hasbro,United Parcel Service,BP,Novartis,JetBlue,Pultegroup,Archer Daniels Midland,Waste Management,Starbucks,Texas Instrument,Chubb,Mondelez,FireEye,Corning,Raytheon9:00 a.m. S&P/Case-Shiller9:00 a.m. FHFA home prices10:00 a.m. Consumer confidence10:00 a.m. Housing vacanciesWednesdayEarnings:Apple, Boeing,Facebook,Qualcomm,Ford,MGM Resorts,Humana,Norfolk Southern,General Dynamics,Boston Scientific, eBay, Samsung Electronics, GlaxoSmithKline,Yum Brands, SiriusXM, Aflac,Cheesecake Factory,Community Health System,CIT Group,Entergy,CME Group,Hess,Ryder System8:30 a.m. Advance economic indicators2:00 p.m. Fed statement2:30 p.m. Fed Chairman Jerome Powell briefingThursdayEarnings:Amazon,Caterpillar,McDonald’s,Twitter,Bristol-Myers Squibb,Comcast,Merck,Northrop Grumman, Airbus,Kraft Heinz,Intercontinental Exchange,Mastercard,Gilead Sciences,U.S. Steel, Cirrus Logic,Texas Roadhouse, Cabot Oil, PG&E,Royal Dutch Shell,Church & Dwight, Carlyle Group,Southern Co.8:30 a.m. Initial jobless claims8:30 a.m. Real GDP Q110:00 a.m. Pending home salesFridayEarnings:ExxonMobil,Chevron,Colgate-Palmolive,AstraZeneca,Clorox,Barclays, AbbVie, BNP Paribas,Weyerhaeuser,Illinois Tool Works, CBOE Global Markets, Lazard,Newell Brands,Aon,LyondellBasell,Pitney Bowes,Phillips 66,Charter Communications8:30 a.m. Personal income and spending8:30 a.m. Employment cost index Q19:45 a.m. Chicago PMI10:00 a.m. Consumer sentimentSaturdayEarnings:Berkshire Hathaway","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368293022,"gmtCreate":1614325662866,"gmtModify":1704770682914,"author":{"id":"3575933325467382","authorId":"3575933325467382","name":"Nevergoodbye","avatar":"https://static.tigerbbs.com/0c14a7d2933dfd0710d3e2712a2799a6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575933325467382","authorIdStr":"3575933325467382"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368293022","repostId":"1134884062","repostType":4,"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}