ongcjeric personal page - To The Moon

ongcjeric

ongcjeric

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04-07

$SOXL 20240517 35.0 CALL$

01-13

was reported that Jamal has been experiencing chest pain and shortness of breath for several weeks before being a

01-10

J[Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy]

01-03

Good luck everyone.💪💪💪

01-03

Thank you tiger

@TigerEvents:🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅

2023-03-15

Hhh

Mega-Cap Growth Stocks Jumped in Morning Trading, with Meta Jumping Over 6%

2023-03-15

Jj

Top Calls on Wall Street: Roku, Seagen, Match Group and More

2023-03-15

Hh

The Great Hiking Cycle Is Seen as Done as Yields Drop Below Cash

2023-03-15

Bbb

Inflation: Consumer Prices Rise 6% over Last Year in February, Slowest since Sept. 2021

2023-03-15

Bb

A Bull Market Is Coming: 5 Top Stocks to Buy Now

2023-03-14

Bb

Singapore Stock Market Tipped To Open In The Red

2023-03-14

Jj

Crypto Trading Will Grow More Costly as Banking Options Shrink

2023-03-14

Bb

Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact

2023-03-14

Bb

Meta To Wind Down NFTs On Platforms Amid Crypto Bust

2023-03-14

Bb

U.S. Stocks-Sliding Bank Shares Drag Wall Street Down In Choppy Trade

2023-03-14

Bb

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

2023-03-13

Bb

20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB

2023-03-13

Hh

These 7 Dividend Stocks Pay $96 Billion a Year, Combined, to Their Shareholders

2023-03-13

Hhh

SVB Fallout, Inflation, Retail Sales: What to Know This Week

2023-03-13

Bb Jj

U.S. Announces It Will Stem SVB Fallout, Customers to Have Deposit Access

Go to Tiger App to see more news

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and shortness of breath for several weeks before being a","listText":"was reported that Jamal has been experiencing chest pain and shortness of breath for several weeks before being a","text":"was reported that Jamal has been experiencing chest pain and shortness of breath for several weeks before being a","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262624445432120","isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261659691561008,"gmtCreate":1704892233462,"gmtModify":1704892237931,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"J[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","listText":"J[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;[Happy]&nbsp;&nbsp;","text":"J[Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261659691561008","isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259200667578608,"gmtCreate":1704293889612,"gmtModify":1704293894458,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Good luck everyone.💪💪💪","listText":"Good luck everyone.💪💪💪","text":"Good luck everyone.💪💪💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259200667578608","isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259200602116152,"gmtCreate":1704293857077,"gmtModify":1704293861337,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Thank you tiger","listText":"Thank you tiger","text":"Thank you tiger","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259200602116152","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? 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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>Mega-Cap Growth Stocks Jumped in Morning Trading, with Meta Jumping Over 6%</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\">\nMega-Cap Growth Stocks Jumped in Morning Trading, with Meta Jumping Over 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-14 21:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Mega-cap growth stocks jumped in morning trading. Meta surged 6% on the news to lay off 10,000 employees in second round of job cuts. <img src=\"https://static.tigerbbs.com/18093f468793b6d4c98cd2e81d022ee5\" tg-width=\"285\" tg-height=\"309\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","TSLA":"特斯拉","META":"Meta Platforms"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134873184","content_text":"Mega-cap growth stocks jumped in morning trading. Meta surged 6% on the news to lay off 10,000 employees in second round of job cuts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949487577,"gmtCreate":1678834596000,"gmtModify":1678834599982,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Jj","listText":"Jj","text":"Jj","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949487577","repostId":"1119689555","repostType":4,"repost":{"id":"1119689555","pubTimestamp":1678803618,"share":"https://www.laohu8.com/m/news/1119689555?lang=&edition=full","pubTime":"2023-03-14 22:20","market":"us","language":"en","title":"Top Calls on Wall Street: Roku, Seagen, Match Group and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1119689555","media":"TheFly","summary":"Top 5 Upgrades:Wolfe Research upgraded Roku(ROKU) to Peer Perform from Underperform without a price ","content":"<html><head></head><body><p><u><b>Top 5 Upgrades:</b></u></p><ul><li>Wolfe Research upgraded <b>Roku</b>(ROKU) to Peer Perform from Underperform without a price target. The firm now sees less downside risk &#34;for arguably the best in-class gatekeeper to streaming TV.&#34;</li><li>Barclays upgraded <b>Match Group</b> (MTCH) to Overweight from Equal Weight with an unchanged price target of $52. At current levels, the firm sees limited downside and a &#34;number of upside catalysts&#34; from app optimizations, higher priced tiers, ad revenue, and reduced App Store fees.</li><li>Baird upgraded <b>Argenx</b>(ARGX) to Outperform from Neutral with an unchanged price target of $460. The firm sees a good entry point into the stock ahead of what it anticipates will be successful registrational trial results for CIDP in Q2, which could &#34;reintroduce a strong acquisition premium into the stock.”</li><li>Tigress Financial upgraded <b>Acushnet Holdings</b> (GOLF) to Buy from Neutral with a price target of $62, up from $50. The company is well-positioned to gain from the ongoing post-pandemic growth in golf as its strong brand equity, &#34;industry-leading products&#34; and upcoming cadence of new product introductions should drive further share price gains, the firm tells investors.</li><li>Credit Suisse upgraded <b>Pinnacle West</b> (PNW) to Outperform from Neutral with a price target of $80, up from $77, following several positive developments in the AZ jurisdiction which is now putting the firm&#39;s EPS outlook well above Consensus.</li></ul><p><u><b>Top 5 Downgrades:</b></u></p><ul><li>JMP Securities downgraded <b>Seagen</b>(SGEN) to Market Perform from Outperform without a price target following the proposed acquisition by Pfizer (PFE).</li><li>JMP Securities downgraded <b>Qualtrics</b>(XM) to Market Perform from Outperform without a price target after the company entered into a definitive agreement to be acquired by Silver Lake Group and Canada Pension Plan Investment Board for $18.15 cash per share. Raymond James also downgraded Qualtrics to Market Perform from Outperform.</li><li>Jefferies downgraded <b>Provention Bio</b> (PRVB) to Hold from Buy with a price target of $25, up from $22, after the company reached an agreement to be acquired by Sanofi (SNY) in an all-cash transaction valued at $2.9B or $25 per share.</li><li>Oppenheimer downgraded <b>Lightning eMotors</b> (ZEV) to Perform from Outperform without a price target. The company continues to work through an &#34;especially challenging&#34; backdrop while continuing to help pioneer the commercial electric vehicle market segment, which puts the stock in a &#34;challenging position,&#34; the firm says.</li><li>JPMorgan downgraded <b>Ovintiv</b>(OVV) to Neutral from Overweight with a price target of $53, down from $59. The firm also removed the shares from the firm&#39;s Analyst Focus List.</li></ul><p><u><b>Top 5 Initiations:</b></u></p><ul><li>Jefferies initiated coverage of <b>Dick&#39;s Sporting</b>(DKS) with a Hold rating and $155 price target. The company is a &#34;best-in-class&#34; sports retailer but the shares have few upside catalysts on the horizon, the firm says.</li><li>TD Cowen initiated coverage of <b>Estee Lauder</b> (EL) with an Outperform rating and $28 price target. The company&#39;s &#34;iconic&#34; brand portfolio, geographic and category diversification, and &#34;deep&#34; customer loyalty drive stable high single digit sales growth, the firm says.</li><li>Jefferies initiated coverage of <b>Academy Sports</b> (ASO) with a Buy rating and $73 price target. The firm prefers Academy Sports in the sporting goods retail sector, saying its value-oriented market position will drive outperformance over the next 12-18 months.</li><li>Jefferies initiated coverage of <b>Hibbett</b>(HIBB) with a Hold rating and $69 price target. The firm sees the company at most at-risk from a &#34;rising promotional tide&#34; in sporting goods retail.</li><li>Barclays initiated coverage of <b>EncompassHealth</b> (EHC) with an Equal Weight rating and $57 price target. Greater risks related to upcoming IRF rate updates from Centers for Medicare and Medicaid Services are a concern, the firm notes.</li></ul></body></html>","source":"lsy1666364704704","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top Calls on Wall Street: Roku, Seagen, Match Group and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop Calls on Wall Street: Roku, Seagen, Match Group and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-14 22:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thefly.com/landingPageNews.php?id=3679736&headline=ROKU;MTCH;ARGX;GOLF;PNW;SGEN;PFE;XM;PRVB;SNY;ZEV;OVV;DKS;EL;ASO;HIBB;EHC-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic><strong>TheFly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Top 5 Upgrades:Wolfe Research upgraded Roku(ROKU) to Peer Perform from Underperform without a price target. The firm now sees less downside risk \"for arguably the best in-class gatekeeper to streaming...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=3679736&headline=ROKU;MTCH;ARGX;GOLF;PNW;SGEN;PFE;XM;PRVB;SNY;ZEV;OVV;DKS;EL;ASO;HIBB;EHC-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc","MTCH":"Match Group, Inc.","SGEN":"Seagen"},"source_url":"https://thefly.com/landingPageNews.php?id=3679736&headline=ROKU;MTCH;ARGX;GOLF;PNW;SGEN;PFE;XM;PRVB;SNY;ZEV;OVV;DKS;EL;ASO;HIBB;EHC-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations&utm_source=https://thefly.com/&utm_medium=referral&utm_campaign=referral_traffic","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119689555","content_text":"Top 5 Upgrades:Wolfe Research upgraded Roku(ROKU) to Peer Perform from Underperform without a price target. The firm now sees less downside risk \"for arguably the best in-class gatekeeper to streaming TV.\"Barclays upgraded Match Group (MTCH) to Overweight from Equal Weight with an unchanged price target of $52. At current levels, the firm sees limited downside and a \"number of upside catalysts\" from app optimizations, higher priced tiers, ad revenue, and reduced App Store fees.Baird upgraded Argenx(ARGX) to Outperform from Neutral with an unchanged price target of $460. The firm sees a good entry point into the stock ahead of what it anticipates will be successful registrational trial results for CIDP in Q2, which could \"reintroduce a strong acquisition premium into the stock.”Tigress Financial upgraded Acushnet Holdings (GOLF) to Buy from Neutral with a price target of $62, up from $50. The company is well-positioned to gain from the ongoing post-pandemic growth in golf as its strong brand equity, \"industry-leading products\" and upcoming cadence of new product introductions should drive further share price gains, the firm tells investors.Credit Suisse upgraded Pinnacle West (PNW) to Outperform from Neutral with a price target of $80, up from $77, following several positive developments in the AZ jurisdiction which is now putting the firm's EPS outlook well above Consensus.Top 5 Downgrades:JMP Securities downgraded Seagen(SGEN) to Market Perform from Outperform without a price target following the proposed acquisition by Pfizer (PFE).JMP Securities downgraded Qualtrics(XM) to Market Perform from Outperform without a price target after the company entered into a definitive agreement to be acquired by Silver Lake Group and Canada Pension Plan Investment Board for $18.15 cash per share. Raymond James also downgraded Qualtrics to Market Perform from Outperform.Jefferies downgraded Provention Bio (PRVB) to Hold from Buy with a price target of $25, up from $22, after the company reached an agreement to be acquired by Sanofi (SNY) in an all-cash transaction valued at $2.9B or $25 per share.Oppenheimer downgraded Lightning eMotors (ZEV) to Perform from Outperform without a price target. The company continues to work through an \"especially challenging\" backdrop while continuing to help pioneer the commercial electric vehicle market segment, which puts the stock in a \"challenging position,\" the firm says.JPMorgan downgraded Ovintiv(OVV) to Neutral from Overweight with a price target of $53, down from $59. The firm also removed the shares from the firm's Analyst Focus List.Top 5 Initiations:Jefferies initiated coverage of Dick's Sporting(DKS) with a Hold rating and $155 price target. The company is a \"best-in-class\" sports retailer but the shares have few upside catalysts on the horizon, the firm says.TD Cowen initiated coverage of Estee Lauder (EL) with an Outperform rating and $28 price target. The company's \"iconic\" brand portfolio, geographic and category diversification, and \"deep\" customer loyalty drive stable high single digit sales growth, the firm says.Jefferies initiated coverage of Academy Sports (ASO) with a Buy rating and $73 price target. The firm prefers Academy Sports in the sporting goods retail sector, saying its value-oriented market position will drive outperformance over the next 12-18 months.Jefferies initiated coverage of Hibbett(HIBB) with a Hold rating and $69 price target. The firm sees the company at most at-risk from a \"rising promotional tide\" in sporting goods retail.Barclays initiated coverage of EncompassHealth (EHC) with an Equal Weight rating and $57 price target. Greater risks related to upcoming IRF rate updates from Centers for Medicare and Medicaid Services are a concern, the firm notes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949487245,"gmtCreate":1678834571588,"gmtModify":1678834575593,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Hh","listText":"Hh","text":"Hh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949487245","repostId":"1104697277","repostType":4,"repost":{"id":"1104697277","pubTimestamp":1678786067,"share":"https://www.laohu8.com/m/news/1104697277?lang=&edition=full","pubTime":"2023-03-14 17:27","market":"us","language":"en","title":"The Great Hiking Cycle Is Seen as Done as Yields Drop Below Cash","url":"https://stock-news.laohu8.com/highlight/detail?id=1104697277","media":"Bloomberg","summary":"Yields under cash say hikes done, but not when, Pendal SaysECB now seen as the main hawkish central ","content":"<html><head></head><body><ul><li>Yields under cash say hikes done, but not when, Pendal Says</li><li>ECB now seen as the main hawkish central bank in swaps</li></ul><p>Global bond markets have declared that the steepest global monetary tightening campaign in a generation is as good as done.</p><p>Benchmark short-end bond yields have crashed below their economy’s cash rates across most of the developed world in the few sessions since thecollapse of Silicon Valley Bank. German two-year bund yields tumbled 22 basis points on Tuesday to 2.47%, becoming the latest major bond market with yields under the relevant central bank benchmark.</p><p>“Two-year yields below cash rates tell you that the hiking cycle will end, it just doesn’t tell you when,” said Amy Xie Patrick, head of income strategies at Pendal Group Ltd. in Sydney. “At the system level, SVB’s collapse highlights that when easy money ends, pain points are going to appear.”</p><p>Treasury 10-year yields may end up dropping as low as 1% if a recession does eventuate, Patrick said.</p><p><img src=\"https://static.tigerbbs.com/2ca3ad0ba6bb7b9921bf3f0ac57e80fe\" tg-width=\"651\" tg-height=\"366\" width=\"100%\" height=\"auto\"/></p><p>US two-year yields have led the way this week with their biggest decline since the 1980s, tumbling more than a percentage point in the space of three days as traders moved to price in two Federal Reserve rate cuts within six months. Similar-dated yields across every developed-market economy outside Japan all dropped at least 39 basis points.</p><p>The first US bank failure since 2008 has turbocharged concern that policymakers’ efforts to quash inflation — led by the Fed’s 4.5 percentage points of rate hikes in the space of a year — will tip economies into recession. The collapse of SVB has also scuttled bets on next week’s Fed meeting, which had been seen as a sure-fire hike of at least 25 basis points just days ago.</p><h2>Divided Opinions</h2><p>Goldman Sachs Group Inc. now expects the Fed to keeprates on holdat its March 21-22 meeting, whileNomura Securitieshas gone a step further and forecasts a cut and a halt to bond sales. TheBlackRock Investment Institutein contrast, says the Fed will press on with its hiking campaign to combat inflation.</p><p>Swaps traders are still betting on a rate increase in either March or May, followed by a reversal in June. The central bank target rate is expected to come down to about 3.9% by year-end, from its current range of 4.5% to 4.75%, the contracts show.</p><p>Investors risk another painful unwind similar to February’s rout by restoring bets on a rapid pivot from central banks, according to PGIM Ltd. The SVB crisis may end up being much like last year’s UK pension rout, which prompted intervention from the Bank of England, but didn’t stop UK policymakers from hiking rates, he said.</p><p>“Markets believe that central banks will pivot before a recession, whereas my view is the central banks will tighten until they’ve got control of inflation,” said Jonathan Butler, co-head of global high yield at PGIM, a company with $1.2 trillion of assets under management. “Central banks are going to be more hawkish than the market believes.”</p><p>The bond market repricing continued Tuesday, with Australian three-year yields dropping 16 basis points to 3.05%, some 55 basis points below the Reserve Bank of Australia’s cash-rate target. That’s the widest discount since 2015, when the RBA was busy cutting interest rates.</p><p>Swaps traders have now priced out further hikes for the RBA, after last week seeing two more hikes in 2023.</p><p><img src=\"https://static.tigerbbs.com/ba7c7ee7c1827830bf0c07295fe3806d\" tg-width=\"644\" tg-height=\"406\" width=\"100%\" height=\"auto\"/></p><p>The European Central Bank now stands as the leading hawk among global policymakers, according to swaps traders, who see it raising rates by 75 basis points within six months. Still that’s about half the hiking pace seen last week.</p><p>But there too, the path isn’t certain. The ECB’s plans for more big rate hikes are set to meetstronger oppositionthis week after the collapse of SVB, according to officials with knowledge of the matter.</p><p>At the same time, it won’t be a one-way move. US two-year yields climbed back 17 basis points to 4.15% in Asian trade after tumbling 61 basis points Monday.</p><p>The rally in US short-dated debt Monday meant a dramatic re-steepening in the yield curve — a phenomenon widely regarded as signaling arecessionis imminent. The spread between US two- and 10-year yields is still inverted, but it jumped by 48 basis points on Monday, the most since January 2001, just two months before the official start of a recession that lasted through November of that year.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Great Hiking Cycle Is Seen as Done as Yields Drop Below Cash</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 Great Hiking Cycle Is Seen as Done as Yields Drop Below Cash\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-14 17:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-14/the-great-hiking-cycle-is-seen-as-done-as-yields-drop-below-cash><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Yields under cash say hikes done, but not when, Pendal SaysECB now seen as the main hawkish central bank in swapsGlobal bond markets have declared that the steepest global monetary tightening campaign...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-14/the-great-hiking-cycle-is-seen-as-done-as-yields-drop-below-cash\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-14/the-great-hiking-cycle-is-seen-as-done-as-yields-drop-below-cash","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104697277","content_text":"Yields under cash say hikes done, but not when, Pendal SaysECB now seen as the main hawkish central bank in swapsGlobal bond markets have declared that the steepest global monetary tightening campaign in a generation is as good as done.Benchmark short-end bond yields have crashed below their economy’s cash rates across most of the developed world in the few sessions since thecollapse of Silicon Valley Bank. German two-year bund yields tumbled 22 basis points on Tuesday to 2.47%, becoming the latest major bond market with yields under the relevant central bank benchmark.“Two-year yields below cash rates tell you that the hiking cycle will end, it just doesn’t tell you when,” said Amy Xie Patrick, head of income strategies at Pendal Group Ltd. in Sydney. “At the system level, SVB’s collapse highlights that when easy money ends, pain points are going to appear.”Treasury 10-year yields may end up dropping as low as 1% if a recession does eventuate, Patrick said.US two-year yields have led the way this week with their biggest decline since the 1980s, tumbling more than a percentage point in the space of three days as traders moved to price in two Federal Reserve rate cuts within six months. Similar-dated yields across every developed-market economy outside Japan all dropped at least 39 basis points.The first US bank failure since 2008 has turbocharged concern that policymakers’ efforts to quash inflation — led by the Fed’s 4.5 percentage points of rate hikes in the space of a year — will tip economies into recession. The collapse of SVB has also scuttled bets on next week’s Fed meeting, which had been seen as a sure-fire hike of at least 25 basis points just days ago.Divided OpinionsGoldman Sachs Group Inc. now expects the Fed to keeprates on holdat its March 21-22 meeting, whileNomura Securitieshas gone a step further and forecasts a cut and a halt to bond sales. TheBlackRock Investment Institutein contrast, says the Fed will press on with its hiking campaign to combat inflation.Swaps traders are still betting on a rate increase in either March or May, followed by a reversal in June. The central bank target rate is expected to come down to about 3.9% by year-end, from its current range of 4.5% to 4.75%, the contracts show.Investors risk another painful unwind similar to February’s rout by restoring bets on a rapid pivot from central banks, according to PGIM Ltd. The SVB crisis may end up being much like last year’s UK pension rout, which prompted intervention from the Bank of England, but didn’t stop UK policymakers from hiking rates, he said.“Markets believe that central banks will pivot before a recession, whereas my view is the central banks will tighten until they’ve got control of inflation,” said Jonathan Butler, co-head of global high yield at PGIM, a company with $1.2 trillion of assets under management. “Central banks are going to be more hawkish than the market believes.”The bond market repricing continued Tuesday, with Australian three-year yields dropping 16 basis points to 3.05%, some 55 basis points below the Reserve Bank of Australia’s cash-rate target. That’s the widest discount since 2015, when the RBA was busy cutting interest rates.Swaps traders have now priced out further hikes for the RBA, after last week seeing two more hikes in 2023.The European Central Bank now stands as the leading hawk among global policymakers, according to swaps traders, who see it raising rates by 75 basis points within six months. Still that’s about half the hiking pace seen last week.But there too, the path isn’t certain. The ECB’s plans for more big rate hikes are set to meetstronger oppositionthis week after the collapse of SVB, according to officials with knowledge of the matter.At the same time, it won’t be a one-way move. US two-year yields climbed back 17 basis points to 4.15% in Asian trade after tumbling 61 basis points Monday.The rally in US short-dated debt Monday meant a dramatic re-steepening in the yield curve — a phenomenon widely regarded as signaling arecessionis imminent. The spread between US two- and 10-year yields is still inverted, but it jumped by 48 basis points on Monday, the most since January 2001, just two months before the official start of a recession that lasted through November of that year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949487623,"gmtCreate":1678834547063,"gmtModify":1678834551500,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bbb","listText":"Bbb","text":"Bbb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949487623","repostId":"1104135804","repostType":4,"repost":{"id":"1104135804","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":1678797046,"share":"https://www.laohu8.com/m/news/1104135804?lang=&edition=full","pubTime":"2023-03-14 20:30","market":"us","language":"en","title":"Inflation: Consumer Prices Rise 6% over Last Year in February, Slowest since Sept. 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1104135804","media":"Tiger Newspress","summary":"Inflation rose in February but was in line with expectations, providing a key input into whether the","content":"<html><head></head><body><p>Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates.</p><p>The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in line with Dow Jones estimates. The 6% jump in inflation marks the slowest annual increase in consumer prices since September 2021.</p><p>Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis. The monthly reading was slightly ahead of the 0.4% estimate, but the annual level was in line.</p><p><img src=\"https://static.tigerbbs.com/3364ebc77888be5903f76a25ec47c2e1\" tg-width=\"1172\" tg-height=\"264\" referrerpolicy=\"no-referrer\"/>CPI measures a broad basket of goods and services and is one of several key measures the Fed uses when formulating monetary policy. The report along with Wednesday’s producer price index will be the last inflation-related data points policymakers will see before they meet March 21-22.</p><p>Heading into the release, markets had widely expected the Fed to approve another 0.25 percentage point increase to its benchmark federal funds rate.</p><p>However, banking sector turmoil in recent days has kindled speculation that the central bank could signal that it soon will halt the rate hikes as officials observe the impact that a series of tightening measures have had over the past year.</p><p>Markets Tuesday morning were pricing a peak, or terminal, rate of about 4.92%, which would mean the upcoming increase would be the last. Futures pricing is volatile, though, and unexpectedly strong inflation reports this week likely would cause a repricing.</p><p>Either way, market sentiment has shifted dramatically.</p><p>Fed Chairman Jerome Powell last week told two congressional committees that the central bank is prepared to push rates higher than expected if inflation does not come down. That set off a wave of speculation that the Fed could be teeing up a 0.5 percentage point hike next week.</p><p>However, the collapse of Silicon Valley Bank and Signature Bank over the past several days paved the way for a more restrained view for monetary policy.</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>Inflation: Consumer Prices Rise 6% over Last Year in February, Slowest since Sept. 2021</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\">\nInflation: Consumer Prices Rise 6% over Last Year in February, Slowest since Sept. 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-14 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates.</p><p>The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in line with Dow Jones estimates. The 6% jump in inflation marks the slowest annual increase in consumer prices since September 2021.</p><p>Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis. The monthly reading was slightly ahead of the 0.4% estimate, but the annual level was in line.</p><p><img src=\"https://static.tigerbbs.com/3364ebc77888be5903f76a25ec47c2e1\" tg-width=\"1172\" tg-height=\"264\" referrerpolicy=\"no-referrer\"/>CPI measures a broad basket of goods and services and is one of several key measures the Fed uses when formulating monetary policy. The report along with Wednesday’s producer price index will be the last inflation-related data points policymakers will see before they meet March 21-22.</p><p>Heading into the release, markets had widely expected the Fed to approve another 0.25 percentage point increase to its benchmark federal funds rate.</p><p>However, banking sector turmoil in recent days has kindled speculation that the central bank could signal that it soon will halt the rate hikes as officials observe the impact that a series of tightening measures have had over the past year.</p><p>Markets Tuesday morning were pricing a peak, or terminal, rate of about 4.92%, which would mean the upcoming increase would be the last. Futures pricing is volatile, though, and unexpectedly strong inflation reports this week likely would cause a repricing.</p><p>Either way, market sentiment has shifted dramatically.</p><p>Fed Chairman Jerome Powell last week told two congressional committees that the central bank is prepared to push rates higher than expected if inflation does not come down. That set off a wave of speculation that the Fed could be teeing up a 0.5 percentage point hike next week.</p><p>However, the collapse of Silicon Valley Bank and Signature Bank over the past several days paved the way for a more restrained view for monetary policy.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104135804","content_text":"Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates.The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in line with Dow Jones estimates. The 6% jump in inflation marks the slowest annual increase in consumer prices since September 2021.Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis. The monthly reading was slightly ahead of the 0.4% estimate, but the annual level was in line.CPI measures a broad basket of goods and services and is one of several key measures the Fed uses when formulating monetary policy. The report along with Wednesday’s producer price index will be the last inflation-related data points policymakers will see before they meet March 21-22.Heading into the release, markets had widely expected the Fed to approve another 0.25 percentage point increase to its benchmark federal funds rate.However, banking sector turmoil in recent days has kindled speculation that the central bank could signal that it soon will halt the rate hikes as officials observe the impact that a series of tightening measures have had over the past year.Markets Tuesday morning were pricing a peak, or terminal, rate of about 4.92%, which would mean the upcoming increase would be the last. Futures pricing is volatile, though, and unexpectedly strong inflation reports this week likely would cause a repricing.Either way, market sentiment has shifted dramatically.Fed Chairman Jerome Powell last week told two congressional committees that the central bank is prepared to push rates higher than expected if inflation does not come down. That set off a wave of speculation that the Fed could be teeing up a 0.5 percentage point hike next week.However, the collapse of Silicon Valley Bank and Signature Bank over the past several days paved the way for a more restrained view for monetary policy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949487873,"gmtCreate":1678834535193,"gmtModify":1678834539208,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bb","listText":"Bb","text":"Bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949487873","repostId":"2319074636","repostType":4,"repost":{"id":"2319074636","pubTimestamp":1678786627,"share":"https://www.laohu8.com/m/news/2319074636?lang=&edition=full","pubTime":"2023-03-14 17:37","market":"us","language":"en","title":"A Bull Market Is Coming: 5 Top Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2319074636","media":"Motley Fool","summary":"These companies all have solid long-term prospects.","content":"<html><head></head><body><p>With stock indexes still in the doldrums, you may not be thinking about the next bull market right now. But today actually is a great time to focus on the better days ahead -- whether they are right around the corner or farther down the road -- so that you can prepare your portfolio and enter that bull market in a position of strength.</p><p>Today, many top stocks with amazing growth prospects are cheap, beaten down by today&#39;s tough market. And that equals opportunity for you to snap up potential long-term winners for a bargain. You&#39;ll find these players across industries.</p><p>Let&#39;s check out five top stocks to buy now -- and benefit from later.</p><h2>1. Moderna</h2><p>When you think of<b> Moderna</b> (MRNA 6.95%), you probably think of the coronavirus vaccine. The vaccine has generated billions of dollars in earnings over the past two years. That&#39;s the company&#39;s only product right now -- and it helped Moderna&#39;s stock soar earlier in the pandemic.</p><p>These days, Moderna&#39;s dependence on the vaccine for revenue has done just the opposite: It&#39;s weighed on stock performance. That&#39;s as investors worry about future growth.</p><p>But these concerns look overdone. Moderna has 48 programs in development -- and even some opportunities for blockbuster revenue over the next few years. The company has three potential blockbusters other than the coronavirus program in phase 3 trials right now.</p><p>These are vaccine candidates for respiratory syncytial virus (RSV), flu, and cytomegalovirus (CMV). Moderna aims to file for regulatory approval of the RSV candidate in the first half of this year.</p><p>All of this means Moderna may be poised for a new phase of growth. And a bull market could be the perfect occasion for this growth stock to soar.</p><h2>2. Teladoc Health</h2><p><b>Teladoc Health</b> (TDOC 3.02%) disappointed investors last year after reporting billion-dollar noncash goodwill impairment charges linked to an acquisition. Investors had already been worried about Teladoc&#39;s lack of profitability, and these charges deepened their concerns.</p><p>Still, it&#39;s important to look at the whole picture. Yes, it seems Teladoc overpaid for its purchase of chronic care specialist Livongo in 2020, resulting in the impairment charges. But over time, chronic care is a key growth element for Teladoc. So the investment could pay off in the long run.</p><p>Also, the company has made progress in areas that should help it on the path to profitability. Teladoc has increased members, revenue, and visits. The company also has made significant gains thanks to its mental health business, BetterHelp. That business&#39; revenue climbed 29% in the fourth quarter of last year and served more than 1 million people during the year.</p><p>Teladoc also has shifted its strategy to favor increasing margins and reaching profitability. Earlier in the year, this began by cutting some jobs and office space. Today, Teladoc is trading at its lowest ever in relation to sales. And this looks like a steal considering the company&#39;s potential in this high-growth market.</p><p><img src=\"https://static.tigerbbs.com/3bc205b8e6379bf5f647ee48f1ee21a1\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/></p><p>TDOC PS Ratio data by YCharts</p><h2>3. Target</h2><p>Last year wasn&#39;t easy for <b>Target</b> (TGT -0.16%). The retailer faced higher inflation, which weighed on its costs and on shoppers&#39; wallets. In spite of the difficult environment, Target still managed to increase revenue -- and offer us clues that its growth story is far from over.</p><p>The fourth quarter represented Target&#39;s 23rd straight quarter of comparable sales growth. And the company made market share gains across all five of its product categories last year.</p><p>Moving forward, Target is investing in areas that should support long-term growth. The company opened six new sortation centers in 2022. These centers speed up order delivery and lower Target&#39;s costs.</p><p>Target also has revamped stores to better serve customers and partnered with companies like <b>Ulta Beauty</b> and <b>Disney</b> to drive traffic. Target says Ulta sales at Target quadrupled from 2021 to 2022.</p><p>Today, Target shares are trading for less than 20 times forward earnings estimates. That&#39;s down from more than 40 a year ago -- a steal considering Target&#39;s strength through tough times -- and potential growth ahead.</p><h2>4. Home Depot</h2><p>As people spent more time at home over the past few years, they increasingly focused on home improvement. And <b>Home Depot</b> (HD 0.07%), the world&#39;s biggest home improvement retailer, benefited. The company increased sales by $47.2 billion from 2019 through 2022. That represents a compound annual growth rate of more than 12%.</p><p>The company has noted a softening in demand in recent times. And this year probably won&#39;t be a huge year of growth. A slowdown in consumer spending may weigh on sales.</p><p>But this is a temporary situation -- and allows us the opportunity to pick up a strong long-term winner for a good price. Home Depot shares are trading for 18 times forward earnings estimates right now.</p><p>Meanwhile, Home Depot has invested in recent years in areas that should boost growth down the road, such as improving its digital platform. Home Depot also has focused on making the entire shopping experience easier for its professional customers. This is key because these customers represent a $450 billion market. So, potential market share gains here for Home Depot should translate into growth.</p><h2>5. Etsy</h2><p>Like other e-commerce companies and retailers, <b>Etsy </b>(ETSY -2.14%) is facing today&#39;s headwinds of higher inflation. But as I mentioned, today&#39;s economic woes won&#39;t last forever, so it&#39;s important to take a long-term view. And from this angle, there&#39;s reason to be optimistic about Etsy.</p><p>The e-commerce company was already growing prior to the pandemic. Shoppers liked going to Etsy for handmade goods -- and sellers were happy to set up shop on this platform.</p><p>But lockdowns earlier in the crisis gave people a fresh opportunity to discover this dynamic player. And Etsy&#39;s earnings soared. Importantly, Etsy&#39;s kept a lot of those gains.</p><p>The company, from a revenue perspective, is almost three times bigger than it was back in 2019. Etsy also has about twice as many active buyers as it did back then. And Etsy has broadened its reach. For example, customers who identify as men have soared 124% since 2019 to a record high.</p><p>And, in spite of today&#39;s difficult environment, Etsy&#39;s consolidated gross merchandise sales only fell 0.7% on a currency-neutral basis in the most recent quarter.</p><p>Etsy trades at 25 times forward earnings estimates, down from 40 a year ago. When the general market takes off, Etsy has what it takes to follow. And that means the valuation we&#39;re seeing today represents a great buying opportunity.</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>A Bull Market Is Coming: 5 Top Stocks to Buy Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Bull Market Is Coming: 5 Top Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-14 17:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/14/a-bull-market-is-coming-5-top-stocks-to-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With stock indexes still in the doldrums, you may not be thinking about the next bull market right now. But today actually is a great time to focus on the better days ahead -- whether they are right ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/14/a-bull-market-is-coming-5-top-stocks-to-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","HD":"家得宝","BK4532":"文艺复兴科技持仓","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","BK4566":"资本集团","BK4585":"ETF&股票定投概念","BK4581":"高盛持仓","ETSY":"Etsy, Inc.","LU0079474960.USD":"联博美国增长基金A","BK4567":"ESG概念","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","BK4548":"巴美列捷福持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","TDOC":"Teladoc Health Inc.","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","BK4588":"碎股","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","TGT":"塔吉特","BK4167":"医疗保健技术","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","LU0823411888.USD":"法巴消费创新基金 Cap","BK4504":"桥水持仓","BK4083":"家庭装潢零售","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","MRNA":"Moderna, Inc.","BK4122":"互联网与直销零售","BK4534":"瑞士信贷持仓","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H"},"source_url":"https://www.fool.com/investing/2023/03/14/a-bull-market-is-coming-5-top-stocks-to-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319074636","content_text":"With stock indexes still in the doldrums, you may not be thinking about the next bull market right now. But today actually is a great time to focus on the better days ahead -- whether they are right around the corner or farther down the road -- so that you can prepare your portfolio and enter that bull market in a position of strength.Today, many top stocks with amazing growth prospects are cheap, beaten down by today's tough market. And that equals opportunity for you to snap up potential long-term winners for a bargain. You'll find these players across industries.Let's check out five top stocks to buy now -- and benefit from later.1. ModernaWhen you think of Moderna (MRNA 6.95%), you probably think of the coronavirus vaccine. The vaccine has generated billions of dollars in earnings over the past two years. That's the company's only product right now -- and it helped Moderna's stock soar earlier in the pandemic.These days, Moderna's dependence on the vaccine for revenue has done just the opposite: It's weighed on stock performance. That's as investors worry about future growth.But these concerns look overdone. Moderna has 48 programs in development -- and even some opportunities for blockbuster revenue over the next few years. The company has three potential blockbusters other than the coronavirus program in phase 3 trials right now.These are vaccine candidates for respiratory syncytial virus (RSV), flu, and cytomegalovirus (CMV). Moderna aims to file for regulatory approval of the RSV candidate in the first half of this year.All of this means Moderna may be poised for a new phase of growth. And a bull market could be the perfect occasion for this growth stock to soar.2. Teladoc HealthTeladoc Health (TDOC 3.02%) disappointed investors last year after reporting billion-dollar noncash goodwill impairment charges linked to an acquisition. Investors had already been worried about Teladoc's lack of profitability, and these charges deepened their concerns.Still, it's important to look at the whole picture. Yes, it seems Teladoc overpaid for its purchase of chronic care specialist Livongo in 2020, resulting in the impairment charges. But over time, chronic care is a key growth element for Teladoc. So the investment could pay off in the long run.Also, the company has made progress in areas that should help it on the path to profitability. Teladoc has increased members, revenue, and visits. The company also has made significant gains thanks to its mental health business, BetterHelp. That business' revenue climbed 29% in the fourth quarter of last year and served more than 1 million people during the year.Teladoc also has shifted its strategy to favor increasing margins and reaching profitability. Earlier in the year, this began by cutting some jobs and office space. Today, Teladoc is trading at its lowest ever in relation to sales. And this looks like a steal considering the company's potential in this high-growth market.TDOC PS Ratio data by YCharts3. TargetLast year wasn't easy for Target (TGT -0.16%). The retailer faced higher inflation, which weighed on its costs and on shoppers' wallets. In spite of the difficult environment, Target still managed to increase revenue -- and offer us clues that its growth story is far from over.The fourth quarter represented Target's 23rd straight quarter of comparable sales growth. And the company made market share gains across all five of its product categories last year.Moving forward, Target is investing in areas that should support long-term growth. The company opened six new sortation centers in 2022. These centers speed up order delivery and lower Target's costs.Target also has revamped stores to better serve customers and partnered with companies like Ulta Beauty and Disney to drive traffic. Target says Ulta sales at Target quadrupled from 2021 to 2022.Today, Target shares are trading for less than 20 times forward earnings estimates. That's down from more than 40 a year ago -- a steal considering Target's strength through tough times -- and potential growth ahead.4. Home DepotAs people spent more time at home over the past few years, they increasingly focused on home improvement. And Home Depot (HD 0.07%), the world's biggest home improvement retailer, benefited. The company increased sales by $47.2 billion from 2019 through 2022. That represents a compound annual growth rate of more than 12%.The company has noted a softening in demand in recent times. And this year probably won't be a huge year of growth. A slowdown in consumer spending may weigh on sales.But this is a temporary situation -- and allows us the opportunity to pick up a strong long-term winner for a good price. Home Depot shares are trading for 18 times forward earnings estimates right now.Meanwhile, Home Depot has invested in recent years in areas that should boost growth down the road, such as improving its digital platform. Home Depot also has focused on making the entire shopping experience easier for its professional customers. This is key because these customers represent a $450 billion market. So, potential market share gains here for Home Depot should translate into growth.5. EtsyLike other e-commerce companies and retailers, Etsy (ETSY -2.14%) is facing today's headwinds of higher inflation. But as I mentioned, today's economic woes won't last forever, so it's important to take a long-term view. And from this angle, there's reason to be optimistic about Etsy.The e-commerce company was already growing prior to the pandemic. Shoppers liked going to Etsy for handmade goods -- and sellers were happy to set up shop on this platform.But lockdowns earlier in the crisis gave people a fresh opportunity to discover this dynamic player. And Etsy's earnings soared. Importantly, Etsy's kept a lot of those gains.The company, from a revenue perspective, is almost three times bigger than it was back in 2019. Etsy also has about twice as many active buyers as it did back then. And Etsy has broadened its reach. For example, customers who identify as men have soared 124% since 2019 to a record high.And, in spite of today's difficult environment, Etsy's consolidated gross merchandise sales only fell 0.7% on a currency-neutral basis in the most recent quarter.Etsy trades at 25 times forward earnings estimates, down from 40 a year ago. When the general market takes off, Etsy has what it takes to follow. And that means the valuation we're seeing today represents a great buying opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949588056,"gmtCreate":1678755175075,"gmtModify":1678755178506,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bb","listText":"Bb","text":"Bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949588056","repostId":"1115822739","repostType":4,"repost":{"id":"1115822739","pubTimestamp":1678751995,"share":"https://www.laohu8.com/m/news/1115822739?lang=&edition=full","pubTime":"2023-03-14 07:59","market":"sg","language":"en","title":"Singapore Stock Market Tipped To Open In The Red","url":"https://stock-news.laohu8.com/highlight/detail?id=1115822739","media":"RTTNews","summary":"The Singapore stock market has tracked lower in four consecutive trading days, slumping almost 115 p","content":"<html><head></head><body><p>The Singapore stock market has tracked lower in four consecutive trading days, slumping almost 115 points or 3.5 percent along the way. The Straits Times Index now rests just above the 3,130-point plateau and it may take further damage on Tuesday.</p><p>The global forecast for the Asian markets is mixed to lower on continuing fears of a financial crisis. The European markets were sharply lower and the U.S. bourses were mixed and little changed and the Asian markets figure to follow the latter lead.</p><p>The STI finished sharply lower on Monday following losses from the financial shares, property stocks and industrial issues.</p><p>For the day, the index stumbled 45.06 points or 1.42 percent to finish at the daily low of 3,132.37 after peaking at 3,175.87.</p><p>Among the actives, Ascendas REIT was down 0.37 percent, while CapitaLand Integrated Commercial Trust tumbled 2.14 percent, CapitaLand Investment skidded 1.44 percent, City Developments slumped 1.50 percent, Comfort DelGro stumbled 1.68 percent, DBS Group weakened 1.45 percent, Emperador rallied 2.00 percent, Genting Singapore surrendered 1.92 percent, Hongkong Land eased 0.23 percent, Keppel Corp and Yangzijiang Financial both plummeted 2.56 percent, Mapletree Pan Asia Commercial Trust declined 1.81 percent, Mapletree Industrial Trust sank 1.32 percent, Mapletree Logistics Trust fell 1.24 percent, Oversea-Chinese Banking Corporation retreated 1.70 percent, SATS slipped 0.83 percent, SembCorp Industries shed 1.31 percent, Singapore Technologies Engineering slid 1.18 percent, SingTel lost 1.27 percent, Thai Beverage plunged 2.34 percent, United Overseas Bank dropped 1.36 percent, Wilmar International climbed 1.02 percent and Yangzijiang Shipbuilding tanked 2.29 percent.</p><p>The lead from Wall Street offers little clarity as the major averages spent most of Monday bouncing back and forth across the unchanged line before finally ending mixed and little changed.</p><p>The Dow dropped 90.50 points or 0.28 percent to finish at 31,819.14, while the NASDAQ added 49.96 points or 0.45 percent to close at 11,188.84 and the S&amp;P 500 dipped 5.83 points or 0.15 percent to end at 3,855.76.</p><p>The weakness that emerged on Wall Street came on continued concerns over the fallout from the Silicon Valley Bank collapse - which triggered heavy selling, particularly in the banking sector.</p><p>Over the weekend, the U.S. Treasury, Federal Reserve, and Federal Deposit Insurance Corporation said they would &#34;fully protect&#34; depositors, including those with assets above the federally guaranteed $250,000 limit, but traders were not reassured.</p><p>Investors are also nervous ahead of the ECB meeting and key inflation data due out later this week.</p><p>Crude oil prices fell sharply on Monday amid worries that a U.S. banking debacle may follow last week&#39;s collapse of Silicon Valley Bank. West Texas Intermediate Crude oil futures settled lower by $1.88 or 2.4 percent at $74.80 a barrel.</p></body></html>","source":"lsy1626938412129","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>Singapore Stock Market Tipped To Open In The Red</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\">\nSingapore Stock Market Tipped To Open In The Red\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-14 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3349958/singapore-stock-market-tipped-to-open-in-the-red.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has tracked lower in four consecutive trading days, slumping almost 115 points or 3.5 percent along the way. The Straits Times Index now rests just above the 3,130-point ...</p>\n\n<a href=\"https://www.rttnews.com/3349958/singapore-stock-market-tipped-to-open-in-the-red.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3349958/singapore-stock-market-tipped-to-open-in-the-red.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115822739","content_text":"The Singapore stock market has tracked lower in four consecutive trading days, slumping almost 115 points or 3.5 percent along the way. The Straits Times Index now rests just above the 3,130-point plateau and it may take further damage on Tuesday.The global forecast for the Asian markets is mixed to lower on continuing fears of a financial crisis. The European markets were sharply lower and the U.S. bourses were mixed and little changed and the Asian markets figure to follow the latter lead.The STI finished sharply lower on Monday following losses from the financial shares, property stocks and industrial issues.For the day, the index stumbled 45.06 points or 1.42 percent to finish at the daily low of 3,132.37 after peaking at 3,175.87.Among the actives, Ascendas REIT was down 0.37 percent, while CapitaLand Integrated Commercial Trust tumbled 2.14 percent, CapitaLand Investment skidded 1.44 percent, City Developments slumped 1.50 percent, Comfort DelGro stumbled 1.68 percent, DBS Group weakened 1.45 percent, Emperador rallied 2.00 percent, Genting Singapore surrendered 1.92 percent, Hongkong Land eased 0.23 percent, Keppel Corp and Yangzijiang Financial both plummeted 2.56 percent, Mapletree Pan Asia Commercial Trust declined 1.81 percent, Mapletree Industrial Trust sank 1.32 percent, Mapletree Logistics Trust fell 1.24 percent, Oversea-Chinese Banking Corporation retreated 1.70 percent, SATS slipped 0.83 percent, SembCorp Industries shed 1.31 percent, Singapore Technologies Engineering slid 1.18 percent, SingTel lost 1.27 percent, Thai Beverage plunged 2.34 percent, United Overseas Bank dropped 1.36 percent, Wilmar International climbed 1.02 percent and Yangzijiang Shipbuilding tanked 2.29 percent.The lead from Wall Street offers little clarity as the major averages spent most of Monday bouncing back and forth across the unchanged line before finally ending mixed and little changed.The Dow dropped 90.50 points or 0.28 percent to finish at 31,819.14, while the NASDAQ added 49.96 points or 0.45 percent to close at 11,188.84 and the S&P 500 dipped 5.83 points or 0.15 percent to end at 3,855.76.The weakness that emerged on Wall Street came on continued concerns over the fallout from the Silicon Valley Bank collapse - which triggered heavy selling, particularly in the banking sector.Over the weekend, the U.S. Treasury, Federal Reserve, and Federal Deposit Insurance Corporation said they would \"fully protect\" depositors, including those with assets above the federally guaranteed $250,000 limit, but traders were not reassured.Investors are also nervous ahead of the ECB meeting and key inflation data due out later this week.Crude oil prices fell sharply on Monday amid worries that a U.S. banking debacle may follow last week's collapse of Silicon Valley Bank. West Texas Intermediate Crude oil futures settled lower by $1.88 or 2.4 percent at $74.80 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949581714,"gmtCreate":1678755165038,"gmtModify":1678755168478,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Jj","listText":"Jj","text":"Jj","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949581714","repostId":"2319393011","repostType":4,"repost":{"id":"2319393011","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1678753835,"share":"https://www.laohu8.com/m/news/2319393011?lang=&edition=full","pubTime":"2023-03-14 08:30","market":"us","language":"en","title":"Crypto Trading Will Grow More Costly as Banking Options Shrink","url":"https://stock-news.laohu8.com/highlight/detail?id=2319393011","media":"Dow Jones","summary":"The ongoing extinction of banking options for crypto firms might not cause an industry collapse. But","content":"<html><head></head><body><p>The ongoing extinction of banking options for crypto firms might not cause an industry collapse. But token traders in the short-term are likely to find increased costs and market inefficiencies while companies try to re-establish connections to the traditional finance system.</p><p>Digital-assets firms had already struggled this year to hang on to their banking relationships amid stringent regulatory guidance. Then, in less than a week, three of the banks most willing to work with the industry -- <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> (ticker: SI), <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a>, and <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>--went out of business or announced that they would do so.</p><p>An immediate concern for some crypto traders was what would happen to their own cash held on platforms such as that run by Coinbase Global <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>, should one of its partner banks fail. As of March, Coinbase said Signature was among the banks holding customers&#39; cash.</p><p>To that end, Coinbase says customers have some protections.</p><p>Coinbase says it structures deposits so that customers would get up to $250,000 of &#34;passthrough&#34; insurance from the Federal Deposit Insurance Corp. if one of the banks were to fail. For deposits to be eligible for such insurance, Coinbase or other exchanges offering it would need to keep accurate ownership records that pass muster with the FDIC. There is no way for customers to know whether they&#39;re protected for sure unless a bank actually fails, experts say.</p><p>&#34;Prudent risk management is at the core of our business; we regularly conduct thorough reviews of counterparty risks and maintain contingency plans,&#34; said a Coinbase spokesperson, who pointed to a Sunday night tweet from the company that said it is operating &#34;as usual.&#34;</p><p>In addition to Signature, Coinbase says it uses JPMorgan Chase <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a>, New Jersey-based Cross River Bank, and Sioux Falls, S.D.-based Pathward Financial <a href=\"https://laohu8.com/S/CASH\">$(CASH)$</a>.</p><p>Some stablecoin companies, such as Gemini Trust Co., which issues GUSD, also say they offer passthrough protection to some token holders.</p><p>Rather than losing any cash in one fell swoop, crypto traders will likely find a return of higher costs, low liquidity, and market inefficiencies while crypto companies try to reconnect to the financial system.</p><p>Over the weekend, for example, Bitcoin traded on the Gemini exchange at a consistently higher price than on other trading platforms, noted Dave Weisberger, who heads market-data firm CoinRoutes.</p><p>A month ago, market makers and other traders could quickly arbitrage such a discrepancy away. Even though banks often can&#39;t process certain types of money transfers outside of business hours, Silvergate and Signature each ran widely used 24/7 networks to transfer funds between their own customers, which included major crypto exchanges. But now that those networks are defunct, it&#39;s harder for traders to close that gap.</p><p>The same reliance on banks helped cause stablecoin USDC to lose its one-dollar peg over the weekend. Stablecoins try to maintain their peg by holding an equivalent amount of traditional assets, like bank deposits and Treasuries, in reserve. USDC issuer Circle Internet Financial panicked some traders when it disclosed $3.3 billion was locked up in Silicon Valley Bank.</p><p>But just as important to the de-pegging was the fact that some firms found it difficult to process conversions between USDC and regular dollars while banks were closed.</p><p>&#34;During periods of heightened activity, conversions rely on USD transfers from the banks that clear during normal banking hours,&#34; Coinbase said late Friday. The firm began to process conversions again on Monday.</p><p>Some crypto executives spent the weekend sharing with each other names of remaining banks still willing to take on crypto clients.</p><p>One such bank, Cross River, took on some banking services for Circle, the company said on Sunday.</p><p>Though crypto firms have talked eagerly about eschewing the banking sector, &#34;what is clear is that there&#39;s a co-dependency here and that the industry and the responsible innovators and others need each other,&#34; said Circle Chief Strategy Officer Dante Disparte on the FinTech Beat podcast on Monday.</p><p>In addition to Cross River, banks still doing business with crypto firms include Western Alliance <a href=\"https://laohu8.com/S/WAL\">$(WAL)$</a>, Customers Bancorp <a href=\"https://laohu8.com/S/CUBI\">$(CUBI)$</a>, JPMorgan Chase, and Bank of New York Mellon <a href=\"https://laohu8.com/S/BK\">$(BK)$</a>, according to a research note published Thursday by Needham analyst John Todaro.</p><p>The closures over the past week have also increased crypto firms&#39; interest in finding so-called &#34;decentralized finance&#34; applications to move money rather than using banks, Todaro said.</p><p>But such DeFi dreams will likely take years to materialize fully, if they ever do. For now at least, it&#39;s clear that crypto firms need banks more than banks need crypto.</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>Crypto Trading Will Grow More Costly as Banking Options Shrink</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\">\nCrypto Trading Will Grow More Costly as Banking Options Shrink\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-14 08:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The ongoing extinction of banking options for crypto firms might not cause an industry collapse. But token traders in the short-term are likely to find increased costs and market inefficiencies while companies try to re-establish connections to the traditional finance system.</p><p>Digital-assets firms had already struggled this year to hang on to their banking relationships amid stringent regulatory guidance. Then, in less than a week, three of the banks most willing to work with the industry -- <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> (ticker: SI), <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a>, and <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>--went out of business or announced that they would do so.</p><p>An immediate concern for some crypto traders was what would happen to their own cash held on platforms such as that run by Coinbase Global <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>, should one of its partner banks fail. As of March, Coinbase said Signature was among the banks holding customers&#39; cash.</p><p>To that end, Coinbase says customers have some protections.</p><p>Coinbase says it structures deposits so that customers would get up to $250,000 of &#34;passthrough&#34; insurance from the Federal Deposit Insurance Corp. if one of the banks were to fail. For deposits to be eligible for such insurance, Coinbase or other exchanges offering it would need to keep accurate ownership records that pass muster with the FDIC. There is no way for customers to know whether they&#39;re protected for sure unless a bank actually fails, experts say.</p><p>&#34;Prudent risk management is at the core of our business; we regularly conduct thorough reviews of counterparty risks and maintain contingency plans,&#34; said a Coinbase spokesperson, who pointed to a Sunday night tweet from the company that said it is operating &#34;as usual.&#34;</p><p>In addition to Signature, Coinbase says it uses JPMorgan Chase <a href=\"https://laohu8.com/S/JPM\">$(JPM)$</a>, New Jersey-based Cross River Bank, and Sioux Falls, S.D.-based Pathward Financial <a href=\"https://laohu8.com/S/CASH\">$(CASH)$</a>.</p><p>Some stablecoin companies, such as Gemini Trust Co., which issues GUSD, also say they offer passthrough protection to some token holders.</p><p>Rather than losing any cash in one fell swoop, crypto traders will likely find a return of higher costs, low liquidity, and market inefficiencies while crypto companies try to reconnect to the financial system.</p><p>Over the weekend, for example, Bitcoin traded on the Gemini exchange at a consistently higher price than on other trading platforms, noted Dave Weisberger, who heads market-data firm CoinRoutes.</p><p>A month ago, market makers and other traders could quickly arbitrage such a discrepancy away. Even though banks often can&#39;t process certain types of money transfers outside of business hours, Silvergate and Signature each ran widely used 24/7 networks to transfer funds between their own customers, which included major crypto exchanges. But now that those networks are defunct, it&#39;s harder for traders to close that gap.</p><p>The same reliance on banks helped cause stablecoin USDC to lose its one-dollar peg over the weekend. Stablecoins try to maintain their peg by holding an equivalent amount of traditional assets, like bank deposits and Treasuries, in reserve. USDC issuer Circle Internet Financial panicked some traders when it disclosed $3.3 billion was locked up in Silicon Valley Bank.</p><p>But just as important to the de-pegging was the fact that some firms found it difficult to process conversions between USDC and regular dollars while banks were closed.</p><p>&#34;During periods of heightened activity, conversions rely on USD transfers from the banks that clear during normal banking hours,&#34; Coinbase said late Friday. The firm began to process conversions again on Monday.</p><p>Some crypto executives spent the weekend sharing with each other names of remaining banks still willing to take on crypto clients.</p><p>One such bank, Cross River, took on some banking services for Circle, the company said on Sunday.</p><p>Though crypto firms have talked eagerly about eschewing the banking sector, &#34;what is clear is that there&#39;s a co-dependency here and that the industry and the responsible innovators and others need each other,&#34; said Circle Chief Strategy Officer Dante Disparte on the FinTech Beat podcast on Monday.</p><p>In addition to Cross River, banks still doing business with crypto firms include Western Alliance <a href=\"https://laohu8.com/S/WAL\">$(WAL)$</a>, Customers Bancorp <a href=\"https://laohu8.com/S/CUBI\">$(CUBI)$</a>, JPMorgan Chase, and Bank of New York Mellon <a href=\"https://laohu8.com/S/BK\">$(BK)$</a>, according to a research note published Thursday by Needham analyst John Todaro.</p><p>The closures over the past week have also increased crypto firms&#39; interest in finding so-called &#34;decentralized finance&#34; applications to move money rather than using banks, Todaro said.</p><p>But such DeFi dreams will likely take years to materialize fully, if they ever do. For now at least, it&#39;s clear that crypto firms need banks more than banks need crypto.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBNY":"签字银行","COIN":"Coinbase Global, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319393011","content_text":"The ongoing extinction of banking options for crypto firms might not cause an industry collapse. But token traders in the short-term are likely to find increased costs and market inefficiencies while companies try to re-establish connections to the traditional finance system.Digital-assets firms had already struggled this year to hang on to their banking relationships amid stringent regulatory guidance. Then, in less than a week, three of the banks most willing to work with the industry -- Silvergate Capital (ticker: SI), SVB Financial Group, and Signature Bank--went out of business or announced that they would do so.An immediate concern for some crypto traders was what would happen to their own cash held on platforms such as that run by Coinbase Global $(COIN)$, should one of its partner banks fail. As of March, Coinbase said Signature was among the banks holding customers' cash.To that end, Coinbase says customers have some protections.Coinbase says it structures deposits so that customers would get up to $250,000 of \"passthrough\" insurance from the Federal Deposit Insurance Corp. if one of the banks were to fail. For deposits to be eligible for such insurance, Coinbase or other exchanges offering it would need to keep accurate ownership records that pass muster with the FDIC. There is no way for customers to know whether they're protected for sure unless a bank actually fails, experts say.\"Prudent risk management is at the core of our business; we regularly conduct thorough reviews of counterparty risks and maintain contingency plans,\" said a Coinbase spokesperson, who pointed to a Sunday night tweet from the company that said it is operating \"as usual.\"In addition to Signature, Coinbase says it uses JPMorgan Chase $(JPM)$, New Jersey-based Cross River Bank, and Sioux Falls, S.D.-based Pathward Financial $(CASH)$.Some stablecoin companies, such as Gemini Trust Co., which issues GUSD, also say they offer passthrough protection to some token holders.Rather than losing any cash in one fell swoop, crypto traders will likely find a return of higher costs, low liquidity, and market inefficiencies while crypto companies try to reconnect to the financial system.Over the weekend, for example, Bitcoin traded on the Gemini exchange at a consistently higher price than on other trading platforms, noted Dave Weisberger, who heads market-data firm CoinRoutes.A month ago, market makers and other traders could quickly arbitrage such a discrepancy away. Even though banks often can't process certain types of money transfers outside of business hours, Silvergate and Signature each ran widely used 24/7 networks to transfer funds between their own customers, which included major crypto exchanges. But now that those networks are defunct, it's harder for traders to close that gap.The same reliance on banks helped cause stablecoin USDC to lose its one-dollar peg over the weekend. Stablecoins try to maintain their peg by holding an equivalent amount of traditional assets, like bank deposits and Treasuries, in reserve. USDC issuer Circle Internet Financial panicked some traders when it disclosed $3.3 billion was locked up in Silicon Valley Bank.But just as important to the de-pegging was the fact that some firms found it difficult to process conversions between USDC and regular dollars while banks were closed.\"During periods of heightened activity, conversions rely on USD transfers from the banks that clear during normal banking hours,\" Coinbase said late Friday. The firm began to process conversions again on Monday.Some crypto executives spent the weekend sharing with each other names of remaining banks still willing to take on crypto clients.One such bank, Cross River, took on some banking services for Circle, the company said on Sunday.Though crypto firms have talked eagerly about eschewing the banking sector, \"what is clear is that there's a co-dependency here and that the industry and the responsible innovators and others need each other,\" said Circle Chief Strategy Officer Dante Disparte on the FinTech Beat podcast on Monday.In addition to Cross River, banks still doing business with crypto firms include Western Alliance $(WAL)$, Customers Bancorp $(CUBI)$, JPMorgan Chase, and Bank of New York Mellon $(BK)$, according to a research note published Thursday by Needham analyst John Todaro.The closures over the past week have also increased crypto firms' interest in finding so-called \"decentralized finance\" applications to move money rather than using banks, Todaro said.But such DeFi dreams will likely take years to materialize fully, if they ever do. For now at least, it's clear that crypto firms need banks more than banks need crypto.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949581181,"gmtCreate":1678755079944,"gmtModify":1678755083570,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bb","listText":"Bb","text":"Bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949581181","repostId":"1174805429","repostType":4,"repost":{"id":"1174805429","pubTimestamp":1678754559,"share":"https://www.laohu8.com/m/news/1174805429?lang=&edition=full","pubTime":"2023-03-14 08:42","market":"us","language":"en","title":"Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact","url":"https://stock-news.laohu8.com/highlight/detail?id=1174805429","media":"The Wall Street Journal","summary":"Under terms of a 2019 agreement, Rivian is required to sell all of the vans it makes to Amazon. In r","content":"<html><head></head><body><p>Under terms of a 2019 agreement, Rivian is required to sell all of the vans it makes to Amazon. In recent months, Amazon notified Rivian that it wanted to buy about 10,000 vans this year, which was the low end of a range Amazon had communicated earlier to the auto maker, the people said.</p><p>In response, Rivian sought to remove the exclusivity terms, which would allow the company to sell its delivery vans to other customers, the people said. Talks are ongoing, they said.</p><p>An Amazon spokeswoman said the company remains committed to buying 100,000 vans from Rivian by 2030, which were the terms outlined in the original agreement. “Rivian remains an important partner for Amazon, and we’re excited about the future,” she said.</p><p>A Rivian spokeswoman said: “Our relationship with Amazon has always been a positive one. We continue to work closely together and are navigating a changing economic climate, similar to many companies.”</p><p>Executives at both companies have touted the deal, which gave Rivian an anchor customer and Amazon a key component of its pledge to slash carbon emissions. Amazon is Rivian’s largest shareholder, with a 17% stake in the company, according to FactSet, and Amazon is on Rivian’s board of directors.</p><p>Rivian shares closed down around 3% on Monday. Amazon shares were up about 1.9%.</p><p>Amazon has initiated cost-saving measures over the past year amid a slowdown in e-commerce sales, following a surge during the pandemic. The company has said it is pausing construction on its second headquarters in the D.C. area and laying off more than 18,000 workers, one of the largest reductions among technology companies.</p><p>For Rivian, the Amazon contract has provided steady demand for one of the three vehicles the auto maker builds at its Normal, Ill., factory. If Amazon agrees to end the exclusivity arrangement, Rivian would need to find new commercial customers for the vans.</p><p>The Amazon deal has been viewed favorably by investors as an important stabilizing factor for the startup auto maker and an endorsement of its technology.</p><p>“Amazon represents such a large customer, or such a large pool of demand for us,” said Rivian Chief Executive RJ Scaringe in late 2021, soon after the company’s initial public offering.</p><p>Amazon and Rivian worked together closely on the development of the electric van. A change in the Amazon relationship would mark the latest challenge for Rivian, which is under pressure to cut costs and boost factory output. The company also makes the R1T pickup truck and the R1S SUV for retail customers.</p><p>Last month, Rivian’s shares fell after the company said it aimed to make 50,000 vehicles this year, below the estimates of Wall Street analysts.</p><p>Rivian is among the more prominent electric-vehicle startups to emerge in recent years, following the rise of EV leader Tesla Inc. Like other young EV companies, Rivian has been strained by rising costs and supply-chain disruptions. The company’s shares have dropped about 90% since their post-IPO highs in late 2021.</p><p>The Irvine, Calif.-based EV maker burned through $6.6 billion in 2022, after starting the year with more than $18 billion—much of it raised in the well-received IPO in November 2021. During an earnings call last month, Rivian executives said they have enough cash to last through 2025.</p><p>Last week, Rivian said it would raise $1.3 billion through the sale of green convertible bonds. Shares tumbled about 15% the following day.</p><p>To conserve cash, Rivian has conducted two rounds of layoffs and pushed back plans for future business lines, such as its more-affordable R2 line of vehicles. Mr. Scaringe has said the workforce cuts are a response to rising commodity costs, a changing economy and tightening capital markets.</p><p>He has emphasized that the EV maker needs to focus on vehicles and projects that are critical in the near term for helping it turn a profit. Several top executives departed in recent months, including the head of supply chain and the vice president overseeing body engineering. Rivian has since hired a new supply-chain chief alongside a number of other executives that have recently filled roles.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon, Rivian in Talks to End Exclusivity Part of Delivery-Van Pact\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-14 08:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/amazon-rivian-in-talks-to-end-exclusivity-part-of-delivery-van-pact-5cea809d?mod=hp_listc_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Under terms of a 2019 agreement, Rivian is required to sell all of the vans it makes to Amazon. In recent months, Amazon notified Rivian that it wanted to buy about 10,000 vans this year, which was ...</p>\n\n<a href=\"https://www.wsj.com/articles/amazon-rivian-in-talks-to-end-exclusivity-part-of-delivery-van-pact-5cea809d?mod=hp_listc_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","AMZN":"亚马逊"},"source_url":"https://www.wsj.com/articles/amazon-rivian-in-talks-to-end-exclusivity-part-of-delivery-van-pact-5cea809d?mod=hp_listc_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174805429","content_text":"Under terms of a 2019 agreement, Rivian is required to sell all of the vans it makes to Amazon. In recent months, Amazon notified Rivian that it wanted to buy about 10,000 vans this year, which was the low end of a range Amazon had communicated earlier to the auto maker, the people said.In response, Rivian sought to remove the exclusivity terms, which would allow the company to sell its delivery vans to other customers, the people said. Talks are ongoing, they said.An Amazon spokeswoman said the company remains committed to buying 100,000 vans from Rivian by 2030, which were the terms outlined in the original agreement. “Rivian remains an important partner for Amazon, and we’re excited about the future,” she said.A Rivian spokeswoman said: “Our relationship with Amazon has always been a positive one. We continue to work closely together and are navigating a changing economic climate, similar to many companies.”Executives at both companies have touted the deal, which gave Rivian an anchor customer and Amazon a key component of its pledge to slash carbon emissions. Amazon is Rivian’s largest shareholder, with a 17% stake in the company, according to FactSet, and Amazon is on Rivian’s board of directors.Rivian shares closed down around 3% on Monday. Amazon shares were up about 1.9%.Amazon has initiated cost-saving measures over the past year amid a slowdown in e-commerce sales, following a surge during the pandemic. The company has said it is pausing construction on its second headquarters in the D.C. area and laying off more than 18,000 workers, one of the largest reductions among technology companies.For Rivian, the Amazon contract has provided steady demand for one of the three vehicles the auto maker builds at its Normal, Ill., factory. If Amazon agrees to end the exclusivity arrangement, Rivian would need to find new commercial customers for the vans.The Amazon deal has been viewed favorably by investors as an important stabilizing factor for the startup auto maker and an endorsement of its technology.“Amazon represents such a large customer, or such a large pool of demand for us,” said Rivian Chief Executive RJ Scaringe in late 2021, soon after the company’s initial public offering.Amazon and Rivian worked together closely on the development of the electric van. A change in the Amazon relationship would mark the latest challenge for Rivian, which is under pressure to cut costs and boost factory output. The company also makes the R1T pickup truck and the R1S SUV for retail customers.Last month, Rivian’s shares fell after the company said it aimed to make 50,000 vehicles this year, below the estimates of Wall Street analysts.Rivian is among the more prominent electric-vehicle startups to emerge in recent years, following the rise of EV leader Tesla Inc. Like other young EV companies, Rivian has been strained by rising costs and supply-chain disruptions. The company’s shares have dropped about 90% since their post-IPO highs in late 2021.The Irvine, Calif.-based EV maker burned through $6.6 billion in 2022, after starting the year with more than $18 billion—much of it raised in the well-received IPO in November 2021. During an earnings call last month, Rivian executives said they have enough cash to last through 2025.Last week, Rivian said it would raise $1.3 billion through the sale of green convertible bonds. Shares tumbled about 15% the following day.To conserve cash, Rivian has conducted two rounds of layoffs and pushed back plans for future business lines, such as its more-affordable R2 line of vehicles. Mr. Scaringe has said the workforce cuts are a response to rising commodity costs, a changing economy and tightening capital markets.He has emphasized that the EV maker needs to focus on vehicles and projects that are critical in the near term for helping it turn a profit. Several top executives departed in recent months, including the head of supply chain and the vice president overseeing body engineering. Rivian has since hired a new supply-chain chief alongside a number of other executives that have recently filled roles.","news_type":1},"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949581323,"gmtCreate":1678755066462,"gmtModify":1678755069887,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bb","listText":"Bb","text":"Bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949581323","repostId":"2319504014","repostType":4,"repost":{"id":"2319504014","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":1678754756,"share":"https://www.laohu8.com/m/news/2319504014?lang=&edition=full","pubTime":"2023-03-14 08:45","market":"us","language":"en","title":"Meta To Wind Down NFTs On Platforms Amid Crypto Bust","url":"https://stock-news.laohu8.com/highlight/detail?id=2319504014","media":"Reuters","summary":"(Reuters) -Meta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens","content":"<html><head></head><body><p>(Reuters) -<a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral.</p><p>&#34;We&#39;re winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses,&#34; the social media firm&#39;s fintech head, Stephane Kasriel, tweeted on Monday.</p><p>The company rolled out support for creators to share NFTs on Instagram and Facebook last year, when the speculative crypto asset had exploded in popularity, with sales of cartoon apes to video clips touching billions of dollars.</p><p>But bitcoin and other tokens took a beating in late 2022 after major exchange FTX crashed into sudden bankruptcy.</p><p>The downfall was worsened by last week&#39;s collapse of three U.S. banks, two of which were crypto-focused.</p><p>&#34;We&#39;ll continue investing in fintech tools that people and businesses will need for the future. We&#39;re streamlining payments w/ Meta Pay, making checkout and payouts easier, and investing in messaging payments across Meta,&#34; Kasriel 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>Meta To Wind Down NFTs On Platforms Amid Crypto Bust</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\">\nMeta To Wind Down NFTs On Platforms Amid Crypto Bust\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-14 08:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) -<a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral.</p><p>&#34;We&#39;re winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses,&#34; the social media firm&#39;s fintech head, Stephane Kasriel, tweeted on Monday.</p><p>The company rolled out support for creators to share NFTs on Instagram and Facebook last year, when the speculative crypto asset had exploded in popularity, with sales of cartoon apes to video clips touching billions of dollars.</p><p>But bitcoin and other tokens took a beating in late 2022 after major exchange FTX crashed into sudden bankruptcy.</p><p>The downfall was worsened by last week&#39;s collapse of three U.S. banks, two of which were crypto-focused.</p><p>&#34;We&#39;ll continue investing in fintech tools that people and businesses will need for the future. We&#39;re streamlining payments w/ Meta Pay, making checkout and payouts easier, and investing in messaging payments across Meta,&#34; Kasriel said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319504014","content_text":"(Reuters) -Meta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral.\"We're winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses,\" the social media firm's fintech head, Stephane Kasriel, tweeted on Monday.The company rolled out support for creators to share NFTs on Instagram and Facebook last year, when the speculative crypto asset had exploded in popularity, with sales of cartoon apes to video clips touching billions of dollars.But bitcoin and other tokens took a beating in late 2022 after major exchange FTX crashed into sudden bankruptcy.The downfall was worsened by last week's collapse of three U.S. banks, two of which were crypto-focused.\"We'll continue investing in fintech tools that people and businesses will need for the future. We're streamlining payments w/ Meta Pay, making checkout and payouts easier, and investing in messaging payments across Meta,\" Kasriel said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949581909,"gmtCreate":1678755053602,"gmtModify":1678755055542,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bb","listText":"Bb","text":"Bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949581909","repostId":"2319011971","repostType":4,"repost":{"id":"2319011971","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":1678744912,"share":"https://www.laohu8.com/m/news/2319011971?lang=&edition=full","pubTime":"2023-03-14 06:01","market":"us","language":"en","title":"U.S. Stocks-Sliding Bank Shares Drag Wall Street Down In Choppy Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=2319011971","media":"Reuters","summary":"(Reuters) - Sliding bank shares dragged Wall Street down on Monday with investors worried about cont","content":"<html><head></head><body><p>(Reuters) - Sliding bank shares dragged Wall Street down on Monday with investors worried about contagion from the Silicon Valley Bank collapse, but trade was choppy and the Nasdaq composite actually ended higher as some sectors benefited from hopes the Federal Reserve could ease up on interest rates hikes.</p><p>SVB Financial&#39;s sudden shutdown on Friday after a failed capital raise had investors worried about risks to other banks from the Fed&#39;s sharp rate hikes over the last year. But many speculated the central bank could now become less hawkish, and the yield on the 2-year Treasury tumbled.</p><p>Regulators over the weekend stepped in to restore investor confidence in the banking system, saying SVB&#39;s depositors will have access to their funds on Monday.</p><p>To some investors, the Fed&#39;s decision next week will also hinge on inflation data due this week.</p><p>&#34;If we get shockingly bad Consumer Price Index and Producer Price Index, the Fed is going to find itself in a tough spot or a much tougher spot that it even finds itself in ahead of those prints,&#34; said Orion Advisor Solutions CIO Timothy Holland.</p><p>The Dow Jones Industrial Average fell 90.5 points, or 0.28%, to 31,819.14, the S&amp;P 500 lost 5.83 points, or 0.15%, to 3,855.76 and the Nasdaq Composite added 49.96 points, or 0.45%, to 11,188.84.</p><p><img src=\"https://static.tigerbbs.com/cc6adfe7f7e1fedf366a82da5c6d4490\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>The CPI data is due on Tuesday and PPI on Wednesday.</p><p>The defensive utilities rose 1.54% as one the best performing of the 11 major S&amp;P sectors while interest rate sensitive groups such as real estate and technology also climbed.</p><p>&#34;The market is now expecting that the Fed is likely to not raise rates this month and so they may enter a pause period,&#34; said Peter Cardillo, chief market economist at Spartan Capital Securities.</p><p>Shares of SVB&#39;s peer <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>, which was also shut down by regulators, were halted. Nasdaq said they would remain so until the exchange&#39;s request for additional information was &#34;fully satisfied.&#34;</p><p>President Joe Biden vowed to do whatever was needed to address the threat to the banking system.</p><p>$First Republic Bank(FRC-N)$ dropped 61.83% as news of fresh financing failed to reassure investors, while Western Alliance Bancorp and <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> fell 47.06% and 21.05%, respectively. Trading in the stocks was halted several times.</p><p>Weighing on the S&amp;P 500, Charles Schwab tumbled 11.56% upon resuming trade after the financial services company reported a 28% decline in average margin balances and a 4% fall in total client assets for February.</p><p>Shares of big U.S. banks, including JPMorgan Chase &amp; Co , Citigroup, and Wells Fargo all lost ground. The S&amp;P Banking Index fell 7%, its largest one-day percentage drop since June 11, 2020.</p><p>The CBOE Volatility Index, known as Wall Street&#39;s fear gauge, rose 1.72 points to 26.52 after earlier hitting 30.81, its highest since late October.</p><p>Traders are now largely pricing in a 25 basis point rate hike from the Fed in March, with bets that the central bank will hold interest rates at their current level standing at 44.4%.</p><p>Among individual stocks, Pfizer Inc was up 1.19% after the drugmaker said it would buy <a href=\"https://laohu8.com/S/SGEN\">Seagen</a> Inc for nearly $43 billion.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.31-to-1 ratio; on Nasdaq, a 1.63-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 48 new lows; the Nasdaq Composite recorded 29 new highs and 526 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks-Sliding Bank Shares Drag Wall Street Down In Choppy Trade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks-Sliding Bank Shares Drag Wall Street Down In Choppy Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-14 06:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Sliding bank shares dragged Wall Street down on Monday with investors worried about contagion from the Silicon Valley Bank collapse, but trade was choppy and the Nasdaq composite actually ended higher as some sectors benefited from hopes the Federal Reserve could ease up on interest rates hikes.</p><p>SVB Financial&#39;s sudden shutdown on Friday after a failed capital raise had investors worried about risks to other banks from the Fed&#39;s sharp rate hikes over the last year. But many speculated the central bank could now become less hawkish, and the yield on the 2-year Treasury tumbled.</p><p>Regulators over the weekend stepped in to restore investor confidence in the banking system, saying SVB&#39;s depositors will have access to their funds on Monday.</p><p>To some investors, the Fed&#39;s decision next week will also hinge on inflation data due this week.</p><p>&#34;If we get shockingly bad Consumer Price Index and Producer Price Index, the Fed is going to find itself in a tough spot or a much tougher spot that it even finds itself in ahead of those prints,&#34; said Orion Advisor Solutions CIO Timothy Holland.</p><p>The Dow Jones Industrial Average fell 90.5 points, or 0.28%, to 31,819.14, the S&amp;P 500 lost 5.83 points, or 0.15%, to 3,855.76 and the Nasdaq Composite added 49.96 points, or 0.45%, to 11,188.84.</p><p><img src=\"https://static.tigerbbs.com/cc6adfe7f7e1fedf366a82da5c6d4490\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>The CPI data is due on Tuesday and PPI on Wednesday.</p><p>The defensive utilities rose 1.54% as one the best performing of the 11 major S&amp;P sectors while interest rate sensitive groups such as real estate and technology also climbed.</p><p>&#34;The market is now expecting that the Fed is likely to not raise rates this month and so they may enter a pause period,&#34; said Peter Cardillo, chief market economist at Spartan Capital Securities.</p><p>Shares of SVB&#39;s peer <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>, which was also shut down by regulators, were halted. Nasdaq said they would remain so until the exchange&#39;s request for additional information was &#34;fully satisfied.&#34;</p><p>President Joe Biden vowed to do whatever was needed to address the threat to the banking system.</p><p>$First Republic Bank(FRC-N)$ dropped 61.83% as news of fresh financing failed to reassure investors, while Western Alliance Bancorp and <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> fell 47.06% and 21.05%, respectively. Trading in the stocks was halted several times.</p><p>Weighing on the S&amp;P 500, Charles Schwab tumbled 11.56% upon resuming trade after the financial services company reported a 28% decline in average margin balances and a 4% fall in total client assets for February.</p><p>Shares of big U.S. banks, including JPMorgan Chase &amp; Co , Citigroup, and Wells Fargo all lost ground. The S&amp;P Banking Index fell 7%, its largest one-day percentage drop since June 11, 2020.</p><p>The CBOE Volatility Index, known as Wall Street&#39;s fear gauge, rose 1.72 points to 26.52 after earlier hitting 30.81, its highest since late October.</p><p>Traders are now largely pricing in a 25 basis point rate hike from the Fed in March, with bets that the central bank will hold interest rates at their current level standing at 44.4%.</p><p>Among individual stocks, Pfizer Inc was up 1.19% after the drugmaker said it would buy <a href=\"https://laohu8.com/S/SGEN\">Seagen</a> Inc for nearly $43 billion.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.31-to-1 ratio; on Nasdaq, a 1.63-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 48 new lows; the Nasdaq Composite recorded 29 new highs and 526 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319011971","content_text":"(Reuters) - Sliding bank shares dragged Wall Street down on Monday with investors worried about contagion from the Silicon Valley Bank collapse, but trade was choppy and the Nasdaq composite actually ended higher as some sectors benefited from hopes the Federal Reserve could ease up on interest rates hikes.SVB Financial's sudden shutdown on Friday after a failed capital raise had investors worried about risks to other banks from the Fed's sharp rate hikes over the last year. But many speculated the central bank could now become less hawkish, and the yield on the 2-year Treasury tumbled.Regulators over the weekend stepped in to restore investor confidence in the banking system, saying SVB's depositors will have access to their funds on Monday.To some investors, the Fed's decision next week will also hinge on inflation data due this week.\"If we get shockingly bad Consumer Price Index and Producer Price Index, the Fed is going to find itself in a tough spot or a much tougher spot that it even finds itself in ahead of those prints,\" said Orion Advisor Solutions CIO Timothy Holland.The Dow Jones Industrial Average fell 90.5 points, or 0.28%, to 31,819.14, the S&P 500 lost 5.83 points, or 0.15%, to 3,855.76 and the Nasdaq Composite added 49.96 points, or 0.45%, to 11,188.84.The CPI data is due on Tuesday and PPI on Wednesday.The defensive utilities rose 1.54% as one the best performing of the 11 major S&P sectors while interest rate sensitive groups such as real estate and technology also climbed.\"The market is now expecting that the Fed is likely to not raise rates this month and so they may enter a pause period,\" said Peter Cardillo, chief market economist at Spartan Capital Securities.Shares of SVB's peer Signature Bank, which was also shut down by regulators, were halted. Nasdaq said they would remain so until the exchange's request for additional information was \"fully satisfied.\"President Joe Biden vowed to do whatever was needed to address the threat to the banking system.$First Republic Bank(FRC-N)$ dropped 61.83% as news of fresh financing failed to reassure investors, while Western Alliance Bancorp and PacWest Bancorp fell 47.06% and 21.05%, respectively. Trading in the stocks was halted several times.Weighing on the S&P 500, Charles Schwab tumbled 11.56% upon resuming trade after the financial services company reported a 28% decline in average margin balances and a 4% fall in total client assets for February.Shares of big U.S. banks, including JPMorgan Chase & Co , Citigroup, and Wells Fargo all lost ground. The S&P Banking Index fell 7%, its largest one-day percentage drop since June 11, 2020.The CBOE Volatility Index, known as Wall Street's fear gauge, rose 1.72 points to 26.52 after earlier hitting 30.81, its highest since late October.Traders are now largely pricing in a 25 basis point rate hike from the Fed in March, with bets that the central bank will hold interest rates at their current level standing at 44.4%.Among individual stocks, Pfizer Inc was up 1.19% after the drugmaker said it would buy Seagen Inc for nearly $43 billion.Declining issues outnumbered advancing ones on the NYSE by a 2.31-to-1 ratio; on Nasdaq, a 1.63-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 48 new lows; the Nasdaq Composite recorded 29 new highs and 526 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949583735,"gmtCreate":1678755039128,"gmtModify":1678755043000,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bb","listText":"Bb","text":"Bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949583735","repostId":"1118288697","repostType":4,"repost":{"id":"1118288697","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1678748849,"share":"https://www.laohu8.com/m/news/1118288697?lang=&edition=full","pubTime":"2023-03-14 07:07","market":"us","language":"en","title":"Biden Promises \"Whatever Needed\" For U.S. Bank System As SVB Shock Hammers Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1118288697","media":"Reuters","summary":"(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take","content":"<html><head></head><body><p>(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system after the sudden collapse of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O).</p><p>Biden&#39;s efforts to reassure markets and depositors came after emergency U.S. measures to shore up banks by giving them access to additional funding failed to dispel investor worries about potential contagion to other lenders worldwide.</p><p>The White House said the Treasury Department is working with regulators on the next steps.</p><p>With investors fearing additional failures, major U.S. banks lost around $90 billion in stock market value on Monday, bringing their loss over the past three trading sessions to nearly $190 billion.</p><p>Shares of First Republic Bank (FRC.N) tumbled as news of fresh financing failed to reassure investors, and so did Western Alliance Bancorp (WAL.N) and PacWest Bancorp (PACW.O).</p><p>First Republic had been able to meet withdrawal demands on Monday with the help of extra funding from JPMorgan Chase (JPM.N), the mid-cap lender&#39;s executive chair, Jim Herbert, told CNBC, adding it was not seeing a massive deposit outflow.</p><p>Shock waves extended to Europe, where the STOXX banking index (.SX7P) closed 5.7% lower. Germany&#39;s Commerzbank (CBKG.DE) fell 12.7%, while Credit Suisse (CSGN.S) slid 9.6% to a new record low.</p><p>Swiss financial regulator FINMA said it was closely monitoring banks and insurers, while a senior European Central Bank supervisor said the board overseeing the euro zone&#39;s biggest banks did not see any need for an emergency meeting.</p><p>Biden said his administration&#39;s actions over the weekend meant &#34;Americans can have confidence that the banking system is safe,&#34; while also promising stiffer regulation after the biggest U.S. bank failure since the 2008 financial crisis.</p><p>&#34;Your deposits will be there when you need them,&#34; he said.</p><p>Nevertheless, shares of big U.S. banks, including JPMorgan Chase &amp; Co, Citigroup (C.N), and Wells Fargo (WFC.N) all lost ground on Monday.</p><p>An administration official said there was no timeline for Biden to make any requests of Congress as his aides were still working to manage the immediate situation and better understand it.</p><p>In the money markets, indicators of credit risk in the U.S. and euro zone banking systems edged up.</p><p>&#34;When a step (is taken) this big, this quickly, your first thought is &#39;crisis averted.&#39; But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?&#34; said Rick Meckler, partner at Cherry Lane Investments.</p><p>Emboldened by bets that the U.S. Federal Reserve may have to slow its rate hikes, and with investors seeking safe havens, the price of gold raced above the key $1,900 level.</p><p>&#34;There is a sense of contagion and where we see a repricing around financials is leading to a repricing across markets,&#34; said Mark Dowding, chief investment officer at BlueBay Asset Management in London.</p><p>U.S. regulators stepped in on Sunday after the collapse of SVB, which had a run after a big bond portfolio hit.</p><p>SVB Financial Group (SIVB.O) and two top executives were sued on Monday by shareholders, who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit &#34;particularly susceptible&#34; to a bank run.</p><p>SVB&#39;s customers will have access to all their deposits from Monday and regulators set up a new facility to give banks access to emergency funds and the Fed made it easier for banks to borrow from it in emergencies.</p><p>Regulators also moved swiftly to close New York&#39;s Signature Bank, which had come under pressure in recent days.</p><p>&#34;A serious investigation needs to be undertaken on why the regulators missed red flags ... and what needs to be overhauled,&#34; said Mark Sobel, a former senior Treasury official and U.S. chair of think tank OMFIF.</p><h2>FALLOUT</h2><p>Companies around the globe with SVB accounts rushed to assess the impact on their finances. In Germany, the central bank convened its crisis team to assess any fallout.</p><p>After marathon weekend talks, HSBC HSBA.L said it was buying the British arm of SVB for one pound ($1.21).</p><p>While SVB UK is small, its sudden demise prompted calls for government help for Britain&#39;s startup industry, and its heavily exposed biotech sector in particular.</p><p>Prime Minister Rishi Sunak added his voice to those in the UK saying there was no concern about systemic risk.</p><p>&#34;Our banks are well capitalised, the liquidity is strong,&#34; Sunak told ITV during a visit to the United States.</p><p>A furious race to reprice interest rate expectations also sent waves through markets as investors bet the Fed will be reluctant to hike next week.</p><p>The Fed&#39;s options are limited, said Sobel. &#34;The Fed could cut rates, but that has its own drawbacks. So the Fed and Treasury have kind of shot their bazooka for now. I think it&#39;s a question of the market steadying out. Is this a one-off adjustment in regional banks, or does it portend more to come?&#34;</p><p>Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. Early last week a 25 basis-point hike was fully priced in, with a 70% chance seen of 50 basis points.</p><p>The yield on the U.S. two-year Treasury note briefly fell below 4% for the first time since last October and was last down 53.1 basis points (bps) at 4.057%. The two-year note&#39;s yield, which reflects interest rate move expectations, was on track for the biggest one-day drop since October 1987.</p><p>On Monday morning, U.S. bank regulators sought to reassure nervous customers who lined up outside SVB&#39;s Santa Clara, California, headquarters, offering coffee and donuts. &#34;Feel free to transact business as usual. We just ask for a little bit of time because of the volume,&#34; FDIC employee Luis Mayorga told waiting customers.</p><p>The first customer, who did not want to be named, said they arrived at SVB at 4 a.m.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden Promises \"Whatever Needed\" For U.S. Bank System As SVB Shock Hammers Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden Promises \"Whatever Needed\" For U.S. Bank System As SVB Shock Hammers Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-14 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system after the sudden collapse of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O).</p><p>Biden&#39;s efforts to reassure markets and depositors came after emergency U.S. measures to shore up banks by giving them access to additional funding failed to dispel investor worries about potential contagion to other lenders worldwide.</p><p>The White House said the Treasury Department is working with regulators on the next steps.</p><p>With investors fearing additional failures, major U.S. banks lost around $90 billion in stock market value on Monday, bringing their loss over the past three trading sessions to nearly $190 billion.</p><p>Shares of First Republic Bank (FRC.N) tumbled as news of fresh financing failed to reassure investors, and so did Western Alliance Bancorp (WAL.N) and PacWest Bancorp (PACW.O).</p><p>First Republic had been able to meet withdrawal demands on Monday with the help of extra funding from JPMorgan Chase (JPM.N), the mid-cap lender&#39;s executive chair, Jim Herbert, told CNBC, adding it was not seeing a massive deposit outflow.</p><p>Shock waves extended to Europe, where the STOXX banking index (.SX7P) closed 5.7% lower. Germany&#39;s Commerzbank (CBKG.DE) fell 12.7%, while Credit Suisse (CSGN.S) slid 9.6% to a new record low.</p><p>Swiss financial regulator FINMA said it was closely monitoring banks and insurers, while a senior European Central Bank supervisor said the board overseeing the euro zone&#39;s biggest banks did not see any need for an emergency meeting.</p><p>Biden said his administration&#39;s actions over the weekend meant &#34;Americans can have confidence that the banking system is safe,&#34; while also promising stiffer regulation after the biggest U.S. bank failure since the 2008 financial crisis.</p><p>&#34;Your deposits will be there when you need them,&#34; he said.</p><p>Nevertheless, shares of big U.S. banks, including JPMorgan Chase &amp; Co, Citigroup (C.N), and Wells Fargo (WFC.N) all lost ground on Monday.</p><p>An administration official said there was no timeline for Biden to make any requests of Congress as his aides were still working to manage the immediate situation and better understand it.</p><p>In the money markets, indicators of credit risk in the U.S. and euro zone banking systems edged up.</p><p>&#34;When a step (is taken) this big, this quickly, your first thought is &#39;crisis averted.&#39; But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?&#34; said Rick Meckler, partner at Cherry Lane Investments.</p><p>Emboldened by bets that the U.S. Federal Reserve may have to slow its rate hikes, and with investors seeking safe havens, the price of gold raced above the key $1,900 level.</p><p>&#34;There is a sense of contagion and where we see a repricing around financials is leading to a repricing across markets,&#34; said Mark Dowding, chief investment officer at BlueBay Asset Management in London.</p><p>U.S. regulators stepped in on Sunday after the collapse of SVB, which had a run after a big bond portfolio hit.</p><p>SVB Financial Group (SIVB.O) and two top executives were sued on Monday by shareholders, who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit &#34;particularly susceptible&#34; to a bank run.</p><p>SVB&#39;s customers will have access to all their deposits from Monday and regulators set up a new facility to give banks access to emergency funds and the Fed made it easier for banks to borrow from it in emergencies.</p><p>Regulators also moved swiftly to close New York&#39;s Signature Bank, which had come under pressure in recent days.</p><p>&#34;A serious investigation needs to be undertaken on why the regulators missed red flags ... and what needs to be overhauled,&#34; said Mark Sobel, a former senior Treasury official and U.S. chair of think tank OMFIF.</p><h2>FALLOUT</h2><p>Companies around the globe with SVB accounts rushed to assess the impact on their finances. In Germany, the central bank convened its crisis team to assess any fallout.</p><p>After marathon weekend talks, HSBC HSBA.L said it was buying the British arm of SVB for one pound ($1.21).</p><p>While SVB UK is small, its sudden demise prompted calls for government help for Britain&#39;s startup industry, and its heavily exposed biotech sector in particular.</p><p>Prime Minister Rishi Sunak added his voice to those in the UK saying there was no concern about systemic risk.</p><p>&#34;Our banks are well capitalised, the liquidity is strong,&#34; Sunak told ITV during a visit to the United States.</p><p>A furious race to reprice interest rate expectations also sent waves through markets as investors bet the Fed will be reluctant to hike next week.</p><p>The Fed&#39;s options are limited, said Sobel. &#34;The Fed could cut rates, but that has its own drawbacks. So the Fed and Treasury have kind of shot their bazooka for now. I think it&#39;s a question of the market steadying out. Is this a one-off adjustment in regional banks, or does it portend more to come?&#34;</p><p>Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. Early last week a 25 basis-point hike was fully priced in, with a 70% chance seen of 50 basis points.</p><p>The yield on the U.S. two-year Treasury note briefly fell below 4% for the first time since last October and was last down 53.1 basis points (bps) at 4.057%. The two-year note&#39;s yield, which reflects interest rate move expectations, was on track for the biggest one-day drop since October 1987.</p><p>On Monday morning, U.S. bank regulators sought to reassure nervous customers who lined up outside SVB&#39;s Santa Clara, California, headquarters, offering coffee and donuts. &#34;Feel free to transact business as usual. We just ask for a little bit of time because of the volume,&#34; FDIC employee Luis Mayorga told waiting customers.</p><p>The first customer, who did not want to be named, said they arrived at SVB at 4 a.m.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBNY":"签字银行","WAL":"阿莱恩斯西部银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118288697","content_text":"(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system after the sudden collapse of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O).Biden's efforts to reassure markets and depositors came after emergency U.S. measures to shore up banks by giving them access to additional funding failed to dispel investor worries about potential contagion to other lenders worldwide.The White House said the Treasury Department is working with regulators on the next steps.With investors fearing additional failures, major U.S. banks lost around $90 billion in stock market value on Monday, bringing their loss over the past three trading sessions to nearly $190 billion.Shares of First Republic Bank (FRC.N) tumbled as news of fresh financing failed to reassure investors, and so did Western Alliance Bancorp (WAL.N) and PacWest Bancorp (PACW.O).First Republic had been able to meet withdrawal demands on Monday with the help of extra funding from JPMorgan Chase (JPM.N), the mid-cap lender's executive chair, Jim Herbert, told CNBC, adding it was not seeing a massive deposit outflow.Shock waves extended to Europe, where the STOXX banking index (.SX7P) closed 5.7% lower. Germany's Commerzbank (CBKG.DE) fell 12.7%, while Credit Suisse (CSGN.S) slid 9.6% to a new record low.Swiss financial regulator FINMA said it was closely monitoring banks and insurers, while a senior European Central Bank supervisor said the board overseeing the euro zone's biggest banks did not see any need for an emergency meeting.Biden said his administration's actions over the weekend meant \"Americans can have confidence that the banking system is safe,\" while also promising stiffer regulation after the biggest U.S. bank failure since the 2008 financial crisis.\"Your deposits will be there when you need them,\" he said.Nevertheless, shares of big U.S. banks, including JPMorgan Chase & Co, Citigroup (C.N), and Wells Fargo (WFC.N) all lost ground on Monday.An administration official said there was no timeline for Biden to make any requests of Congress as his aides were still working to manage the immediate situation and better understand it.In the money markets, indicators of credit risk in the U.S. and euro zone banking systems edged up.\"When a step (is taken) this big, this quickly, your first thought is 'crisis averted.' But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?\" said Rick Meckler, partner at Cherry Lane Investments.Emboldened by bets that the U.S. Federal Reserve may have to slow its rate hikes, and with investors seeking safe havens, the price of gold raced above the key $1,900 level.\"There is a sense of contagion and where we see a repricing around financials is leading to a repricing across markets,\" said Mark Dowding, chief investment officer at BlueBay Asset Management in London.U.S. regulators stepped in on Sunday after the collapse of SVB, which had a run after a big bond portfolio hit.SVB Financial Group (SIVB.O) and two top executives were sued on Monday by shareholders, who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit \"particularly susceptible\" to a bank run.SVB's customers will have access to all their deposits from Monday and regulators set up a new facility to give banks access to emergency funds and the Fed made it easier for banks to borrow from it in emergencies.Regulators also moved swiftly to close New York's Signature Bank, which had come under pressure in recent days.\"A serious investigation needs to be undertaken on why the regulators missed red flags ... and what needs to be overhauled,\" said Mark Sobel, a former senior Treasury official and U.S. chair of think tank OMFIF.FALLOUTCompanies around the globe with SVB accounts rushed to assess the impact on their finances. In Germany, the central bank convened its crisis team to assess any fallout.After marathon weekend talks, HSBC HSBA.L said it was buying the British arm of SVB for one pound ($1.21).While SVB UK is small, its sudden demise prompted calls for government help for Britain's startup industry, and its heavily exposed biotech sector in particular.Prime Minister Rishi Sunak added his voice to those in the UK saying there was no concern about systemic risk.\"Our banks are well capitalised, the liquidity is strong,\" Sunak told ITV during a visit to the United States.A furious race to reprice interest rate expectations also sent waves through markets as investors bet the Fed will be reluctant to hike next week.The Fed's options are limited, said Sobel. \"The Fed could cut rates, but that has its own drawbacks. So the Fed and Treasury have kind of shot their bazooka for now. I think it's a question of the market steadying out. Is this a one-off adjustment in regional banks, or does it portend more to come?\"Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. Early last week a 25 basis-point hike was fully priced in, with a 70% chance seen of 50 basis points.The yield on the U.S. two-year Treasury note briefly fell below 4% for the first time since last October and was last down 53.1 basis points (bps) at 4.057%. The two-year note's yield, which reflects interest rate move expectations, was on track for the biggest one-day drop since October 1987.On Monday morning, U.S. bank regulators sought to reassure nervous customers who lined up outside SVB's Santa Clara, California, headquarters, offering coffee and donuts. \"Feel free to transact business as usual. We just ask for a little bit of time because of the volume,\" FDIC employee Luis Mayorga told waiting customers.The first customer, who did not want to be named, said they arrived at SVB at 4 a.m.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949645665,"gmtCreate":1678663024357,"gmtModify":1678663029240,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bb","listText":"Bb","text":"Bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949645665","repostId":"2318857796","repostType":4,"repost":{"id":"2318857796","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1678601805,"share":"https://www.laohu8.com/m/news/2318857796?lang=&edition=full","pubTime":"2023-03-12 14:16","market":"us","language":"en","title":"20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB","url":"https://stock-news.laohu8.com/highlight/detail?id=2318857796","media":"Dow Jones","summary":"SVB Financial Group faced a perfect storm, but there are plenty of other banks that would face big l","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cash</p><p>Silicon Valley Bank has failed following a run on deposits, after its parent company&#39;s share price crashed a record 60% on Thursday.</p><p>Trading of <a href=\"https://laohu8.com/S/SIVBP\">SVB Financial Group</a>&#39;s <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a> stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was &#34;monitoring very carefully.&#34; Reaction poured in from several analysts who discussed the bank&#39;s liquidity risk.</p><p>California regulators closed Silicon Valley Bank and handed the wreckage over to the Federal Deposit Insurance Administration later on Friday.</p><p>Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities -- an item that played an important role in SVB&#39;s crisis.</p><p>Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.</p><h3>First, a quick look at SVB</h3><p>Some media reports have referred to SVB of Santa Clara, Calif., as a small bank, but it had $212 billion in total assets as of Dec. 31, making it the 17th largest bank in the Russell 3000 Index  as of Dec. 31. That makes it the largest U.S. bank failure since Washington Mutual in 2008.</p><p>One unique aspect of SVB was its decades-long focus on the venture capital industry. The bank&#39;s loan growth had been slowing as interest rates rose. Meanwhile, when announcing its $21 billion dollars in securities sales on Thursday, SVB said it had taken the action not only to lower its interest-rate risk, but because &#34;client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted.&#34;</p><p>SVB estimated it would book a $1.8 billion loss on the securities sale and said it would raise $2.25 billion in capital through two offerings of new shares and a convertible bond offering. That offering wasn&#39;t completed.</p><p>So this appears to be an example of what can go wrong with a bank focused on a particular industry. The combination of a balance sheet heavy with securities and relatively light on loans, in a rising-rate environment in which bond prices have declined and in which depositors specific to that industry are themselves suffering from a decline in cash, led to a liquidity problem.</p><h3>Unrealized losses on securities</h3><p>Banks leverage their capital by gathering deposits or borrowing money either to lend the money out or purchase securities. They earn the spread between their average yield on loans and investments and their average cost for funds.</p><p>The securities investments are held in two buckets:</p><p>In its regulatory Consolidated Financial Statements for Holding Companies--FR Y-9C, filed with the Federal Reserve, SVB Financial, reported a negative $1.911 billion in accumulated other comprehensive income as of Dec. 31. That is line 26.b on Schedule HC of the report, for those keeping score at home. You can look up regulatory reports for any U.S. bank holding company, savings and loan holding company or subsidiary institution at the Federal Financial Institution Examination Council&#39;s National Information Center. Be sure to get the name of the company or institution right -- or you may be looking at the wrong entity.</p><p>Here&#39;s how accumulated other comprehensive income (AOCI) is defined in the report: &#34;Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other postretirement plan adjustments.&#34;</p><p>In other words, it was mostly unrealized losses on SVB&#39;s available-for-sale securities. The bank booked an estimated $1.8 billion loss when selling &#34;substantially all&#34; of these securities on March 8.</p><p>The list of 10 banks with unfavorable interest margin trends</p><p>On the regulatory call reports, AOCI is added to regulatory capital. Since SVB&#39;s AOCI was negative (because of its unrealized losses on AFS securities) as of Dec. 31, it lowered the company&#39;s total equity capital. So a fair way to gauge the negative AOCI to the bank&#39;s total equity capital would be to divide the negative AOCI by total equity capital less AOCI -- effectively adding the unrealized losses back to total equity capital for the calculation.</p><p>Getting back to our list of 10 banks that raised similar red margin flags to those of SVB, here&#39;s the same group, in the same order, showing negative AOCI as a percentage of total equity capital as of Dec. 31. We have added SVB to the bottom of the list. The data was provided by FactSet:</p><p><img src=\"https://static.tigerbbs.com/12eb7c2420e69b60c526a6b6ef79626d\" tg-width=\"887\" tg-height=\"715\" width=\"100%\" height=\"auto\"/></p><p>Ally Financial Inc. (ALLY) -- the third largest bank on the list by Dec. 31 total assets -- stands out as having the largest percentage of negative accumulated comprehensive income relative to total equity capital as of Dec. 31.</p><p>To be sure, these numbers don&#39;t mean that a bank is in trouble, or that it will be forced to sell securities for big losses. But SVB had both a troubling pattern for its interest margins and what appeared to be a relatively high percentage of securities losses relative to capital as of Dec. 31.</p><h3>Banks with the highest percentage of negative AOCI to capital</h3><p>There are 108 banks in the Russell 3000 Index  that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided AOCI and total equity capital data for 105 of them. Here are the 20 which had the highest ratios of negative AOCI to total equity capital less AOCI (as explained above) as of Dec. 31:</p><p><img src=\"https://static.tigerbbs.com/8c786a5e88cfaa8510ac5458b4a31b86\" tg-width=\"884\" tg-height=\"618\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/6bbd38b51d92ae37f23e7fbff46e9c08\" tg-width=\"879\" tg-height=\"668\" width=\"100%\" height=\"auto\"/>Again, this is not to suggest that any particular bank on this list based on Dec. 31 data is facing the type of perfect storm that has hurt SVB Financial. A bank sitting on large paper losses on its AFS securities may not need to sell them. In fact <a href=\"https://laohu8.com/S/CMA\">Comerica Inc.</a>, which tops the list, also improved its interest margin the most over the past four quarters, as shown here.</p><p>But it is interesting to note that <a href=\"https://laohu8.com/S/SI\">Silvergate Capital Corp.</a>, which focused on serving clients in the virtual currency industry, made the list. It is shuttering its bank subsidiary voluntarily.</p><p>Another bank on the list facing concern among depositors is <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a> of New York, which has a diverse business model, but has also faced a backlash related to the services it provides to the virtual currency industry. The bank’s shares fell 12% on Thursday and were down another 24% in afternoon trading on Friday.</p><p>Signature Bank said in a statement that it was in a “strong, well-diversified financial position.”</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>20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB</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\">\n20 Banks That Are Sitting on Huge Potential Securities Losses--As Was SVB\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-12 14:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cash</p><p>Silicon Valley Bank has failed following a run on deposits, after its parent company&#39;s share price crashed a record 60% on Thursday.</p><p>Trading of <a href=\"https://laohu8.com/S/SIVBP\">SVB Financial Group</a>&#39;s <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a> stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was &#34;monitoring very carefully.&#34; Reaction poured in from several analysts who discussed the bank&#39;s liquidity risk.</p><p>California regulators closed Silicon Valley Bank and handed the wreckage over to the Federal Deposit Insurance Administration later on Friday.</p><p>Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities -- an item that played an important role in SVB&#39;s crisis.</p><p>Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.</p><h3>First, a quick look at SVB</h3><p>Some media reports have referred to SVB of Santa Clara, Calif., as a small bank, but it had $212 billion in total assets as of Dec. 31, making it the 17th largest bank in the Russell 3000 Index  as of Dec. 31. That makes it the largest U.S. bank failure since Washington Mutual in 2008.</p><p>One unique aspect of SVB was its decades-long focus on the venture capital industry. The bank&#39;s loan growth had been slowing as interest rates rose. Meanwhile, when announcing its $21 billion dollars in securities sales on Thursday, SVB said it had taken the action not only to lower its interest-rate risk, but because &#34;client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted.&#34;</p><p>SVB estimated it would book a $1.8 billion loss on the securities sale and said it would raise $2.25 billion in capital through two offerings of new shares and a convertible bond offering. That offering wasn&#39;t completed.</p><p>So this appears to be an example of what can go wrong with a bank focused on a particular industry. The combination of a balance sheet heavy with securities and relatively light on loans, in a rising-rate environment in which bond prices have declined and in which depositors specific to that industry are themselves suffering from a decline in cash, led to a liquidity problem.</p><h3>Unrealized losses on securities</h3><p>Banks leverage their capital by gathering deposits or borrowing money either to lend the money out or purchase securities. They earn the spread between their average yield on loans and investments and their average cost for funds.</p><p>The securities investments are held in two buckets:</p><p>In its regulatory Consolidated Financial Statements for Holding Companies--FR Y-9C, filed with the Federal Reserve, SVB Financial, reported a negative $1.911 billion in accumulated other comprehensive income as of Dec. 31. That is line 26.b on Schedule HC of the report, for those keeping score at home. You can look up regulatory reports for any U.S. bank holding company, savings and loan holding company or subsidiary institution at the Federal Financial Institution Examination Council&#39;s National Information Center. Be sure to get the name of the company or institution right -- or you may be looking at the wrong entity.</p><p>Here&#39;s how accumulated other comprehensive income (AOCI) is defined in the report: &#34;Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other postretirement plan adjustments.&#34;</p><p>In other words, it was mostly unrealized losses on SVB&#39;s available-for-sale securities. The bank booked an estimated $1.8 billion loss when selling &#34;substantially all&#34; of these securities on March 8.</p><p>The list of 10 banks with unfavorable interest margin trends</p><p>On the regulatory call reports, AOCI is added to regulatory capital. Since SVB&#39;s AOCI was negative (because of its unrealized losses on AFS securities) as of Dec. 31, it lowered the company&#39;s total equity capital. So a fair way to gauge the negative AOCI to the bank&#39;s total equity capital would be to divide the negative AOCI by total equity capital less AOCI -- effectively adding the unrealized losses back to total equity capital for the calculation.</p><p>Getting back to our list of 10 banks that raised similar red margin flags to those of SVB, here&#39;s the same group, in the same order, showing negative AOCI as a percentage of total equity capital as of Dec. 31. We have added SVB to the bottom of the list. The data was provided by FactSet:</p><p><img src=\"https://static.tigerbbs.com/12eb7c2420e69b60c526a6b6ef79626d\" tg-width=\"887\" tg-height=\"715\" width=\"100%\" height=\"auto\"/></p><p>Ally Financial Inc. (ALLY) -- the third largest bank on the list by Dec. 31 total assets -- stands out as having the largest percentage of negative accumulated comprehensive income relative to total equity capital as of Dec. 31.</p><p>To be sure, these numbers don&#39;t mean that a bank is in trouble, or that it will be forced to sell securities for big losses. But SVB had both a troubling pattern for its interest margins and what appeared to be a relatively high percentage of securities losses relative to capital as of Dec. 31.</p><h3>Banks with the highest percentage of negative AOCI to capital</h3><p>There are 108 banks in the Russell 3000 Index  that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided AOCI and total equity capital data for 105 of them. Here are the 20 which had the highest ratios of negative AOCI to total equity capital less AOCI (as explained above) as of Dec. 31:</p><p><img src=\"https://static.tigerbbs.com/8c786a5e88cfaa8510ac5458b4a31b86\" tg-width=\"884\" tg-height=\"618\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/6bbd38b51d92ae37f23e7fbff46e9c08\" tg-width=\"879\" tg-height=\"668\" width=\"100%\" height=\"auto\"/>Again, this is not to suggest that any particular bank on this list based on Dec. 31 data is facing the type of perfect storm that has hurt SVB Financial. A bank sitting on large paper losses on its AFS securities may not need to sell them. In fact <a href=\"https://laohu8.com/S/CMA\">Comerica Inc.</a>, which tops the list, also improved its interest margin the most over the past four quarters, as shown here.</p><p>But it is interesting to note that <a href=\"https://laohu8.com/S/SI\">Silvergate Capital Corp.</a>, which focused on serving clients in the virtual currency industry, made the list. It is shuttering its bank subsidiary voluntarily.</p><p>Another bank on the list facing concern among depositors is <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a> of New York, which has a diverse business model, but has also faced a backlash related to the services it provides to the virtual currency industry. The bank’s shares fell 12% on Thursday and were down another 24% in afternoon trading on Friday.</p><p>Signature Bank said in a statement that it was in a “strong, well-diversified financial position.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4139":"生物科技","BK4007":"制药","BK4211":"区域性银行","LU1861217088.USD":"贝莱德金融科技A2","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4166":"消费信贷","BK4588":"碎股","ALLY":"Ally Financial Inc.","TERN":"Terns Pharmaceuticals, Inc.","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","BK4561":"索罗斯持仓","KEY":"KeyCorp","BK4548":"巴美列捷福持仓","CRCT":"Cricut, Inc.","SBNY":"签字银行","BK4539":"次新股","BOLT":"Bolt Biotherapeutics, Inc.","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","BK4191":"家用电器"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318857796","content_text":"SVB Financial Group faced a perfect storm, but there are plenty of other banks that would face big losses if they were forced to dump securities to raise cashSilicon Valley Bank has failed following a run on deposits, after its parent company's share price crashed a record 60% on Thursday.Trading of SVB Financial Group's $(SIVB)$ stock was halted early Friday, after the shares plunged again in premarket trading. Treasury Secretary Janet Yellen said SVB was one of a few banks she was \"monitoring very carefully.\" Reaction poured in from several analysts who discussed the bank's liquidity risk.California regulators closed Silicon Valley Bank and handed the wreckage over to the Federal Deposit Insurance Administration later on Friday.Below is the same list of 10 banks we highlighted on Thursday that showed similar red flags to those shown by SVB Financial through the fourth quarter. This time, we will show how much they reported in unrealized losses on securities -- an item that played an important role in SVB's crisis.Below that is a screen of U.S. banks with at least $10 billion in total assets, showing those that appeared to have the greatest exposure to unrealized securities losses, as a percentage of total capital, as of Dec. 31.First, a quick look at SVBSome media reports have referred to SVB of Santa Clara, Calif., as a small bank, but it had $212 billion in total assets as of Dec. 31, making it the 17th largest bank in the Russell 3000 Index  as of Dec. 31. That makes it the largest U.S. bank failure since Washington Mutual in 2008.One unique aspect of SVB was its decades-long focus on the venture capital industry. The bank's loan growth had been slowing as interest rates rose. Meanwhile, when announcing its $21 billion dollars in securities sales on Thursday, SVB said it had taken the action not only to lower its interest-rate risk, but because \"client cash burn has remained elevated and increased further in February, resulting in lower deposits than forecasted.\"SVB estimated it would book a $1.8 billion loss on the securities sale and said it would raise $2.25 billion in capital through two offerings of new shares and a convertible bond offering. That offering wasn't completed.So this appears to be an example of what can go wrong with a bank focused on a particular industry. The combination of a balance sheet heavy with securities and relatively light on loans, in a rising-rate environment in which bond prices have declined and in which depositors specific to that industry are themselves suffering from a decline in cash, led to a liquidity problem.Unrealized losses on securitiesBanks leverage their capital by gathering deposits or borrowing money either to lend the money out or purchase securities. They earn the spread between their average yield on loans and investments and their average cost for funds.The securities investments are held in two buckets:In its regulatory Consolidated Financial Statements for Holding Companies--FR Y-9C, filed with the Federal Reserve, SVB Financial, reported a negative $1.911 billion in accumulated other comprehensive income as of Dec. 31. That is line 26.b on Schedule HC of the report, for those keeping score at home. You can look up regulatory reports for any U.S. bank holding company, savings and loan holding company or subsidiary institution at the Federal Financial Institution Examination Council's National Information Center. Be sure to get the name of the company or institution right -- or you may be looking at the wrong entity.Here's how accumulated other comprehensive income (AOCI) is defined in the report: \"Includes, but is not limited to, net unrealized holding gains (losses) on available-for-sale securities, accumulated net gains (losses) on cash flow hedges, cumulative foreign currency translation adjustments, and accumulated defined benefit pension and other postretirement plan adjustments.\"In other words, it was mostly unrealized losses on SVB's available-for-sale securities. The bank booked an estimated $1.8 billion loss when selling \"substantially all\" of these securities on March 8.The list of 10 banks with unfavorable interest margin trendsOn the regulatory call reports, AOCI is added to regulatory capital. Since SVB's AOCI was negative (because of its unrealized losses on AFS securities) as of Dec. 31, it lowered the company's total equity capital. So a fair way to gauge the negative AOCI to the bank's total equity capital would be to divide the negative AOCI by total equity capital less AOCI -- effectively adding the unrealized losses back to total equity capital for the calculation.Getting back to our list of 10 banks that raised similar red margin flags to those of SVB, here's the same group, in the same order, showing negative AOCI as a percentage of total equity capital as of Dec. 31. We have added SVB to the bottom of the list. The data was provided by FactSet:Ally Financial Inc. (ALLY) -- the third largest bank on the list by Dec. 31 total assets -- stands out as having the largest percentage of negative accumulated comprehensive income relative to total equity capital as of Dec. 31.To be sure, these numbers don't mean that a bank is in trouble, or that it will be forced to sell securities for big losses. But SVB had both a troubling pattern for its interest margins and what appeared to be a relatively high percentage of securities losses relative to capital as of Dec. 31.Banks with the highest percentage of negative AOCI to capitalThere are 108 banks in the Russell 3000 Index  that had total assets of at least $10.0 billion as of Dec. 31. FactSet provided AOCI and total equity capital data for 105 of them. Here are the 20 which had the highest ratios of negative AOCI to total equity capital less AOCI (as explained above) as of Dec. 31:Again, this is not to suggest that any particular bank on this list based on Dec. 31 data is facing the type of perfect storm that has hurt SVB Financial. A bank sitting on large paper losses on its AFS securities may not need to sell them. In fact Comerica Inc., which tops the list, also improved its interest margin the most over the past four quarters, as shown here.But it is interesting to note that Silvergate Capital Corp., which focused on serving clients in the virtual currency industry, made the list. It is shuttering its bank subsidiary voluntarily.Another bank on the list facing concern among depositors is Signature Bank of New York, which has a diverse business model, but has also faced a backlash related to the services it provides to the virtual currency industry. The bank’s shares fell 12% on Thursday and were down another 24% in afternoon trading on Friday.Signature Bank said in a statement that it was in a “strong, well-diversified financial position.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949645803,"gmtCreate":1678663000402,"gmtModify":1678663003966,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Hh","listText":"Hh","text":"Hh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949645803","repostId":"2318243725","repostType":4,"repost":{"id":"2318243725","pubTimestamp":1678613274,"share":"https://www.laohu8.com/m/news/2318243725?lang=&edition=full","pubTime":"2023-03-12 17:27","market":"us","language":"en","title":"These 7 Dividend Stocks Pay $96 Billion a Year, Combined, to Their Shareholders","url":"https://stock-news.laohu8.com/highlight/detail?id=2318243725","media":"Motley Fool","summary":"These widely owned, brand-name income stocks are parsing out between $11 billion and $20.2 billion annually to their shareholders.","content":"<html><head></head><body><p>There is no shortage of investing strategies to make money on Wall Street. However, buying dividend stocks has historically been among the most successful.</p><p>According to a report published 10 years ago by J.P. Morgan Asset Management, a division of money-center bank <b>JPMorgan Chase</b>, income stocks have a history of wildly outperforming companies that don&#39;t offer a dividend. Between 1972 and 2012, companies that initiated and grew their payouts averaged a 9.5% annual return. By comparison, the annualized return of non-dividend stocks over the same 40-year period was a mere 1.6%.</p><p>But not all dividend stocks are the same. While the following seven companies aren&#39;t typically going to jaw-drop investors with their yields, the sheer dollar amount they devote to paying dividends certainly will. On a combined basis, these seven dividend stocks are paying out approximately $96 billion each year to their shareholders.</p><h2>1. <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a>: $20.24 billion in annual dividends paid to shareholders</h2><p>The company that currently holds the crown as having the highest nominal-dollar dividend in the country is tech stock <b>Microsoft</b>. Although Microsoft&#39;s yield of 1.1% isn&#39;t much of a head-turner, its base annual dividend of $2.72 with 7.44 billion shares outstanding equates to an annual payout in excess of $20 billion.</p><p>One of the reasons Microsoft can sustain such a mammoth dividend is its revenue mix. Although core segments like Windows are no longer a growth story, its legacy operations still generate substantial cash flow. Microsoft has been able to utilize this cash to reinvest in faster-growing initiatives, as well as make acquisitions (e.g., LinkedIn and Nuance Communications).</p><p>Microsoft&#39;s future is very much dependent on the cloud and artificial intelligence (AI). Excluding currency movements, Azure delivered 38% sales growth in the December-ended quarter, and now accounts for almost a quarter of global cloud infrastructure service spending.  With the exception of Windows Commercial and Office Consumer products and cloud services, every other cloud-focused sales channel grew by a double-digit percentage (sans currency movements) in the most recent quarter.</p><p><img src=\"https://static.tigerbbs.com/014995086f3661658074d153446c9206\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Historically high oil prices have helped ExxonMobil significantly grow its cash flow. WTI Crude Oil Spot Price data by YCharts.</p><h2>2. <a href=\"https://laohu8.com/S/XOM\">ExxonMobil</a>: $14.81 billion</h2><p>Historically, big oil has always been an excellent source of dividend income. Global energy major <b>ExxonMobil</b> keeps that tradition alive, with an annual payout to its shareholders of around $14.8 billion.</p><p>It&#39;s no secret that ExxonMobil is benefiting immensely from an increase in the price of crude oil. Russia&#39;s invasion of Ukraine, which has no obvious end date, calls into question Europe&#39;s energy supply needs. Couple this with three years of reduced capital investment resulting from the COVID-19 pandemic, and you have a recipe for constrained supply and an above-average price for oil.</p><p>ExxonMobil&#39;s payout is further protected by its integrated operating model. While it generates the lion&#39;s share of its profit from drilling oil and natural gas, it also operates chemical plants and refineries (aka, its downstream assets). Even though this downstream segment doesn&#39;t have the same juicy margins as its drilling operations, it serves as the perfect hedge against crude oil price weakness. When the price of oil drops, demand for petroleum products often increases.</p><h2>3. <a href=\"https://laohu8.com/S/AAPL\">Apple</a>: $14.55 billion</h2><p><b>Apple</b> is another one of the highest-paying dividend stocks on the planet, in nominal-dollar terms. There&#39;s a reasonable chance it would have topped this list had the company not repurchased more than $550 billion worth of its common stock over the past 10 years and reduced its outstanding share count.</p><p>The stability of Apple&#39;s payout begins with its mountain of operating cash flow ($109.2 billion in calendar year 2022). This cash flow represents the ongoing success of its physical product portfolio (iPhone, iPad, and Mac), as well as the burgeoning growth potential of its subscription service segment. Services are a higher margin segment for Apple, and will play a key role in the coming years by minimizing sales fluctuations tied to iPhone replacement cycles.</p><p>Apple also has an incredibly loyal customer base that trusts the brand. According to Interbrand, Apple has held the No. 1 spot as the world&#39;s most-valuable brand for 10 consecutive years. Interbrand&#39;s brand value calculation takes into account the financial performance of a brand&#39;s products and services, the role a brand plays in the purchase decision-making process, and a brand&#39;s ability to keep customers loyal.</p><h2>4. <a href=\"https://laohu8.com/S/JPM\">JPMorgan Chase</a>: $11.76 billion</h2><p>Similar to big oil, financial stocks are known for their steady dividends and healthy capital-return programs -- especially during economic expansions. Among bank stocks, JPMorgan Chase is the cream of the crop, with an $11.76 billion annual payout to its shareholders.</p><p>This is proving to be a particularly interesting time for bank stocks. Normally, when the winds of recession begin blowing, the Federal Reserve comes to the rescue by lowering interest rates to spur lending activity. But with the Fed 100% focused on taming historically high inflation, higher interest rates are translating into beefier profits for bank stocks. In 2022, JPMorgan Chase recognized $67.1 billion in net interest income, up $14.4 billion from the previous year.</p><p>JPMorgan Chase has also made steady progress encouraging its customers to bank online or via mobile app. As of the end of December, it had 49.7 million active mobile customers, which was up 4.2 million from the prior-year period.  The more people bank online, the more flexibility JPMorgan Chase has with regard to branch consolidation and improving its operating efficiency.</p><h2>5. <a href=\"https://laohu8.com/S/JNJ\">Johnson &amp; Johnson</a>: $11.75 billion</h2><p>There, arguably, isn&#39;t a healthcare stock on the planet that rewards its shareholders as well as <b>Johnson &amp; Johnson</b>. J&amp;J, as the company is more commonly known, has raised its dividend for 60 consecutive years and is one of only two publicly traded companies with the highest possible credit rating (AAA) assigned by Standard &amp; Poor&#39;s, a division of <b>S&amp;P Global</b>. For those curious, Microsoft is the other public company with a AAA rating.</p><p>There are two explanations for Johnson &amp; Johnson&#39;s impressive dividend. First of all, healthcare stocks are naturally defensive. Since we can&#39;t control what ailments we develop or when we become ill, there&#39;s always going to be demand for prescription drugs, medical devices, and healthcare services. This consistency of demand helped J&amp;J to 35 consecutive years of adjusted operating earnings growth prior to the pandemic.</p><p>The other factor that allows J&amp;J to support a juicy payout is its sales mix. For more than a decade, high-margin pharmaceuticals have grown into a larger percentage of Johnson &amp; Johnson&#39;s revenue. However, brand-name drugs have a finite period of sales exclusivity. J&amp;J fights back against future patent expirations by reinvesting in its pipeline, collaborating with other drug developers, and leaning on its world-leading medical device segment.</p><p><img src=\"https://static.tigerbbs.com/d9029abdc83bd8ed7444a84d95a20040\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Chevron has increased its base annual payout for 36 consecutive years. CVX Dividend data by YCharts.</p><h2>6. <a href=\"https://laohu8.com/S/CVX\">Chevron</a>: $11.54 billion</h2><p>Just in case it wasn&#39;t clear the first time, big oil stocks are known for their hefty dividends. <b>Chevron</b>, which has increased its base annual payout for 36 consecutive years, is now parsing out over $6 per share in dividends and more than $11.5 billion per year, in aggregate.</p><p>Among large-scale energy stocks, Chevron&#39;s payout is especially safe given the health of its balance sheet. Higher oil and gas prices allowed Chevron to reduce its net debt from $25.7 billion to just $5.4 billion last year.  That&#39;s a net debt ratio of only 3.3%, which gives the company plenty of financial flexibility to increase its dividend, as well as undertake a $75 billion share repurchase program.</p><p>Similar to ExxonMobil, Chevron&#39;s integrated operating structure plays a big role in its ongoing success. While higher energy commodity prices are far more favorable for its high-margin drilling segment, the transmission pipelines, refineries, and chemical plants Chevron owns allow it to generate predictable cash flow in virtually any economic climate.</p><h2>7. <a href=\"https://laohu8.com/S/VZ\">Verizon Communications</a>: $10.96 billion</h2><p>The seventh brand-name dividend stock that&#39;s been sharing the wealth with its investors is telecom stock <b>Verizon Communications</b>. Verizon&#39;s 6.8% yield is tops on this list, with the company paying close to $11 billion annually to its shareholders.</p><p>Despite Verizon&#39;s best growth days being long gone, it does have a handful of catalysts helping to modestly grow both its profits and payout. The first of these is the ongoing rollout of 5G wireless infrastructure. Upgrading its wireless network is both costly and time-consuming. However, this investment should be well worth it, with consumers increasing their data consumption.</p><p>The other notable catalyst has been broadband growth. After making sizable investments in 5G mid-band spectrum, Verizon delivered its best quarter of broadband net additions -- 416,000 net additions in the fourth quarter -- in more than a decade.  Broadband tends to be a steady driver of cash flow, as well as an excellent lure to encourage service bundling.</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>These 7 Dividend Stocks Pay $96 Billion a Year, Combined, to Their Shareholders</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\">\nThese 7 Dividend Stocks Pay $96 Billion a Year, Combined, to Their Shareholders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-12 17:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/12/7-dividend-stocks-pay-96-billion-year-shareholders/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There is no shortage of investing strategies to make money on Wall Street. However, buying dividend stocks has historically been among the most successful.According to a report published 10 years ago ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/12/7-dividend-stocks-pay-96-billion-year-shareholders/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","JPM":"摩根大通","XOM":"埃克森美孚","VZ":"威瑞森","MSFT":"微软","JNJ":"强生"},"source_url":"https://www.fool.com/investing/2023/03/12/7-dividend-stocks-pay-96-billion-year-shareholders/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318243725","content_text":"There is no shortage of investing strategies to make money on Wall Street. However, buying dividend stocks has historically been among the most successful.According to a report published 10 years ago by J.P. Morgan Asset Management, a division of money-center bank JPMorgan Chase, income stocks have a history of wildly outperforming companies that don't offer a dividend. Between 1972 and 2012, companies that initiated and grew their payouts averaged a 9.5% annual return. By comparison, the annualized return of non-dividend stocks over the same 40-year period was a mere 1.6%.But not all dividend stocks are the same. While the following seven companies aren't typically going to jaw-drop investors with their yields, the sheer dollar amount they devote to paying dividends certainly will. On a combined basis, these seven dividend stocks are paying out approximately $96 billion each year to their shareholders.1. Microsoft: $20.24 billion in annual dividends paid to shareholdersThe company that currently holds the crown as having the highest nominal-dollar dividend in the country is tech stock Microsoft. Although Microsoft's yield of 1.1% isn't much of a head-turner, its base annual dividend of $2.72 with 7.44 billion shares outstanding equates to an annual payout in excess of $20 billion.One of the reasons Microsoft can sustain such a mammoth dividend is its revenue mix. Although core segments like Windows are no longer a growth story, its legacy operations still generate substantial cash flow. Microsoft has been able to utilize this cash to reinvest in faster-growing initiatives, as well as make acquisitions (e.g., LinkedIn and Nuance Communications).Microsoft's future is very much dependent on the cloud and artificial intelligence (AI). Excluding currency movements, Azure delivered 38% sales growth in the December-ended quarter, and now accounts for almost a quarter of global cloud infrastructure service spending.  With the exception of Windows Commercial and Office Consumer products and cloud services, every other cloud-focused sales channel grew by a double-digit percentage (sans currency movements) in the most recent quarter.Historically high oil prices have helped ExxonMobil significantly grow its cash flow. WTI Crude Oil Spot Price data by YCharts.2. ExxonMobil: $14.81 billionHistorically, big oil has always been an excellent source of dividend income. Global energy major ExxonMobil keeps that tradition alive, with an annual payout to its shareholders of around $14.8 billion.It's no secret that ExxonMobil is benefiting immensely from an increase in the price of crude oil. Russia's invasion of Ukraine, which has no obvious end date, calls into question Europe's energy supply needs. Couple this with three years of reduced capital investment resulting from the COVID-19 pandemic, and you have a recipe for constrained supply and an above-average price for oil.ExxonMobil's payout is further protected by its integrated operating model. While it generates the lion's share of its profit from drilling oil and natural gas, it also operates chemical plants and refineries (aka, its downstream assets). Even though this downstream segment doesn't have the same juicy margins as its drilling operations, it serves as the perfect hedge against crude oil price weakness. When the price of oil drops, demand for petroleum products often increases.3. Apple: $14.55 billionApple is another one of the highest-paying dividend stocks on the planet, in nominal-dollar terms. There's a reasonable chance it would have topped this list had the company not repurchased more than $550 billion worth of its common stock over the past 10 years and reduced its outstanding share count.The stability of Apple's payout begins with its mountain of operating cash flow ($109.2 billion in calendar year 2022). This cash flow represents the ongoing success of its physical product portfolio (iPhone, iPad, and Mac), as well as the burgeoning growth potential of its subscription service segment. Services are a higher margin segment for Apple, and will play a key role in the coming years by minimizing sales fluctuations tied to iPhone replacement cycles.Apple also has an incredibly loyal customer base that trusts the brand. According to Interbrand, Apple has held the No. 1 spot as the world's most-valuable brand for 10 consecutive years. Interbrand's brand value calculation takes into account the financial performance of a brand's products and services, the role a brand plays in the purchase decision-making process, and a brand's ability to keep customers loyal.4. JPMorgan Chase: $11.76 billionSimilar to big oil, financial stocks are known for their steady dividends and healthy capital-return programs -- especially during economic expansions. Among bank stocks, JPMorgan Chase is the cream of the crop, with an $11.76 billion annual payout to its shareholders.This is proving to be a particularly interesting time for bank stocks. Normally, when the winds of recession begin blowing, the Federal Reserve comes to the rescue by lowering interest rates to spur lending activity. But with the Fed 100% focused on taming historically high inflation, higher interest rates are translating into beefier profits for bank stocks. In 2022, JPMorgan Chase recognized $67.1 billion in net interest income, up $14.4 billion from the previous year.JPMorgan Chase has also made steady progress encouraging its customers to bank online or via mobile app. As of the end of December, it had 49.7 million active mobile customers, which was up 4.2 million from the prior-year period.  The more people bank online, the more flexibility JPMorgan Chase has with regard to branch consolidation and improving its operating efficiency.5. Johnson & Johnson: $11.75 billionThere, arguably, isn't a healthcare stock on the planet that rewards its shareholders as well as Johnson & Johnson. J&J, as the company is more commonly known, has raised its dividend for 60 consecutive years and is one of only two publicly traded companies with the highest possible credit rating (AAA) assigned by Standard & Poor's, a division of S&P Global. For those curious, Microsoft is the other public company with a AAA rating.There are two explanations for Johnson & Johnson's impressive dividend. First of all, healthcare stocks are naturally defensive. Since we can't control what ailments we develop or when we become ill, there's always going to be demand for prescription drugs, medical devices, and healthcare services. This consistency of demand helped J&J to 35 consecutive years of adjusted operating earnings growth prior to the pandemic.The other factor that allows J&J to support a juicy payout is its sales mix. For more than a decade, high-margin pharmaceuticals have grown into a larger percentage of Johnson & Johnson's revenue. However, brand-name drugs have a finite period of sales exclusivity. J&J fights back against future patent expirations by reinvesting in its pipeline, collaborating with other drug developers, and leaning on its world-leading medical device segment.Chevron has increased its base annual payout for 36 consecutive years. CVX Dividend data by YCharts.6. Chevron: $11.54 billionJust in case it wasn't clear the first time, big oil stocks are known for their hefty dividends. Chevron, which has increased its base annual payout for 36 consecutive years, is now parsing out over $6 per share in dividends and more than $11.5 billion per year, in aggregate.Among large-scale energy stocks, Chevron's payout is especially safe given the health of its balance sheet. Higher oil and gas prices allowed Chevron to reduce its net debt from $25.7 billion to just $5.4 billion last year.  That's a net debt ratio of only 3.3%, which gives the company plenty of financial flexibility to increase its dividend, as well as undertake a $75 billion share repurchase program.Similar to ExxonMobil, Chevron's integrated operating structure plays a big role in its ongoing success. While higher energy commodity prices are far more favorable for its high-margin drilling segment, the transmission pipelines, refineries, and chemical plants Chevron owns allow it to generate predictable cash flow in virtually any economic climate.7. Verizon Communications: $10.96 billionThe seventh brand-name dividend stock that's been sharing the wealth with its investors is telecom stock Verizon Communications. Verizon's 6.8% yield is tops on this list, with the company paying close to $11 billion annually to its shareholders.Despite Verizon's best growth days being long gone, it does have a handful of catalysts helping to modestly grow both its profits and payout. The first of these is the ongoing rollout of 5G wireless infrastructure. Upgrading its wireless network is both costly and time-consuming. However, this investment should be well worth it, with consumers increasing their data consumption.The other notable catalyst has been broadband growth. After making sizable investments in 5G mid-band spectrum, Verizon delivered its best quarter of broadband net additions -- 416,000 net additions in the fourth quarter -- in more than a decade.  Broadband tends to be a steady driver of cash flow, as well as an excellent lure to encourage service bundling.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949645170,"gmtCreate":1678662945091,"gmtModify":1678662947668,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Hhh","listText":"Hhh","text":"Hhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949645170","repostId":"2318778137","repostType":4,"repost":{"id":"2318778137","pubTimestamp":1678661775,"share":"https://www.laohu8.com/m/news/2318778137?lang=&edition=full","pubTime":"2023-03-13 06:56","market":"us","language":"en","title":"SVB Fallout, Inflation, Retail Sales: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2318778137","media":"Yahoo Finance","summary":"Two key economic data points ahead of the Federal Reserve's next policy meeting will greet investors","content":"<html><head></head><body><p>Two key economic data points ahead of the Federal Reserve&#39;s next policy meeting will greet investors in the week ahead as the eyes of the investing public — and beyond — will remain locked on the latest developments in the fallout from Silicon Valley Bank&#39;s collapse last week.</p><p>The February Consumer Price Index (CPI) on Tuesday and the February read on retail sales out Wednesday morning will likely firm up investor expectations for the Fed&#39;s next policy move.</p><p>Consensus forecasts are calling for CPI to rise 6% over last year on a headline basis and 5.5% on a &#34;core&#34; basis in February, according to data from Trading Economics. A 6% increase in inflation would mark the slowest annual increase in consumer prices since September 2021.</p><p>Investor focus on the Fed&#39;s next steps, however, has been usurped as the top focus for investors in recent days with Friday&#39;s shock collapse of Silicon Valley Bank and fears over what the second-largest bank failure in U.S. history could mean for the broader financial system.</p><p>How futures open Sunday evening and what follow-through, if any, there is into Monday&#39;s trading session will be crucial in setting the tone for the coming week. And it will provide a clue as to whether investors agree with many initial reactions to Silicon Valley Bank&#39;s collapse — namely, that this represents a unique failure rather than the beginning of something larger.</p><p>As Yahoo Finance&#39;s Jennifer Schonberger reported Friday, TD Cowen analyst Jaret Seiberg wrote Friday that the firm does &#34;not see this as the start of a broader threat to the safety and soundness of the banking system.&#34;</p><p>&#34;Much like Silvergate (SI), Silicon Valley had a unique business model that was less dependent on retail deposits than a traditional bank,&#34; Seiberg added. &#34;This left the bank more exposed to interest rate risk as its funding got more expensive, but its assets were not repricing higher.&#34;</p><p><img src=\"https://community-static.tradeup.com/news/c89abfc9d493bca3bc89f7710594145b\" tg-width=\"5500\" tg-height=\"3667\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>A view of the Park Avenue location of Silicon Valley Bank (SVB), in New York City, U.S., March 10, 2023. REUTERS/David &#39;Dee&#39; Delgado</p><p>David Dee Delgado / reuters</p><p>In a note to clients published Friday, Kabir Caprihan, an analyst at JPMorgan, echoed much of this sentiment, writing: &#34;At the outset, we don’t believe [Silicon Valley Bank&#39;s collapse] to be systemic, but it does reflect some of the structural issues that we highlighted in our outlook and what drove our Underweight on regional banks.&#34;</p><p>The scale and particular challenges that took down Silicon Valley Bank are unique — its exposure to the cash-burning tech world most punished by investors during the Fed&#39;s rate-hiking campaign being at the top of this list. But the general story of a surge in deposits in 2021, outflows in recent months, and losses in securities portfolios is likely to challenge some regional banks in the near term.</p><p>A Bloomberg report late Saturday said the FDIC — which took control of the bank on Friday morning — was working to make whole a portion of uninsured deposits held with the bank, with the outlet reporting payments between 30% and 50% of deposits were being discussed.</p><p>Officials from the Fed and FDIC have also discussed establishing a fund to backstop deposits from other institutions that might face a crisis similar to what took down Silicon Valley Bank in the coming weeks, Bloomberg reported. Across the Atlantic, UK finance minister Jeremy Hunt said the British government has been working to ensure any UK firm&#39;s facing cash needs from SVB&#39;s failure &#34;are able to meet their cashflow requirements to pay their staff.&#34;</p><p>Semafor reported over the weekend hedge funds have been reaching out to startups with cash stuck at Silicon Valley Bank with offers to buy their deposits at a discount, as some companies face a cash crunch with payroll looming and a potentially long road ahead to being made whole on money deposited with the failed bank.</p><p>This comes as regulators feel out buyers for Silicon Valley Bank as well as the wealth management, investment, and securities business housed under the bank&#39;s former parent company, SVB Financial (SIVB). Employees of the failed Silicon Valley Bank will remain employed for 45 days before being let go, Bloomberg reported Saturday.</p><p>The FDIC&#39;s latest update on the situation as of Saturday evening said: &#34;All depositors will have full access to their insured deposits no later than Monday morning, March 13, 2023. The FDIC will pay uninsured depositors an advance dividend within the next week.&#34;</p><p>The FDIC added: &#34;Uninsured depositors will receive a receivership certificate for the remaining amount of their uninsured funds. As the FDIC sells the assets of Silicon Valley Bank, future dividend payments may be made to uninsured depositors.&#34;</p><p>&#34;The circumstances of the Silicon Valley Bank collapse are unique enough that it probably won&#39;t trigger a widespread financial contagion,&#34; wrote Paul Ashworth, chief North America economist at Capital Economics. &#34;Nevertheless, it is a timely reminder that when the Fed is singularly focused on squeezing inflation by jacking up interest rates – it often ends up breaking things.&#34;</p><p>—</p><h3>Economic Calendar</h3><p><b>Monday</b>: No major economic releases scheduled.</p><p><b>Tuesday</b>: Consumer Price Index, year-over-year, February (+6% expected vs. +6.4% in January); Consumer Price Index, month-over-month, February (+0.4% expected vs. +0.5% in January); &#34;Core&#34; CPI, year-over-year, February (+5.5% expected vs. 5.6% in January); &#34;Core&#34; CPI, month-over-month, February (+0.4% expected vs. +0.4% in January)</p><p><b>Wednesday</b>: MBA Mortgage Applications; Producer prices, year-over-year, February (+5.4% expected vs. 6% in January); Producer prices, month-over-month, February (+0.3% expected vs. +0.7% in January); &#34;Core&#34; PPI, year-over-year, February (+5.2% expected vs. +5.4% in January); &#34;Core&#34; PPI, month-over-month, February (+0.4% expected vs. 0.4% in January); Retail sales, month-over-month, February (-0.3% expected vs. +3% in January); NAHB Home Builder Sentiment, March (42 expected vs. 42 in February)</p><p><b>Thursday</b>: Building permits, February (1.238 million annualized rate vs. 1.339 million in January); Housing starts, February (1.31 million annualized rate vs. 1.309 million in January); Initial jobless claims (205,000 expected vs. 211,000 last week); Philly Fed manufacturing survey</p><p><b>Friday</b>: Industrial production, February (+0.4% expected vs. 0% in January); University of Michigan consumer sentiment, preliminary March reading</p><p>—</p><h3>Earnings Calendar</h3><p><b>Monday</b>: GitLab (GTLB)</p><p><b>Tuesday</b>: Lennar (LEN); Guess (GES); SentinelOne (S); <a href=\"https://laohu8.com/S/STNE\">StoneCo</a> (STNE)</p><p><b>Wednesday</b>: <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> (ADBE); Oatly (OTLY); <a href=\"https://laohu8.com/S/PATH\">UiPath</a> (PATH); <a href=\"https://laohu8.com/S/FIVE\">Five Below</a> (FIVE)</p><p><b>Thursday</b>: FedEx (FDX); Dollar General (DG); G-III Apparel (GIII); Jabil (JBL); Signet Jewelers (<a href=\"https://laohu8.com/S/SHI.UK\">SIG</a>); Academy Sports (ASO); Williams-Sonoma (WSM); Traeger (COOK)</p><p><b>Friday</b>: <i>No notable earnings set for release.</i></p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SVB Fallout, Inflation, Retail Sales: What to Know This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSVB Fallout, Inflation, Retail Sales: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-13 06:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/svb-fallout-inflation-retail-sales-what-to-know-this-week-134712538.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two key economic data points ahead of the Federal Reserve's next policy meeting will greet investors in the week ahead as the eyes of the investing public — and beyond — will remain locked on the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/svb-fallout-inflation-retail-sales-what-to-know-this-week-134712538.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/svb-fallout-inflation-retail-sales-what-to-know-this-week-134712538.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318778137","content_text":"Two key economic data points ahead of the Federal Reserve's next policy meeting will greet investors in the week ahead as the eyes of the investing public — and beyond — will remain locked on the latest developments in the fallout from Silicon Valley Bank's collapse last week.The February Consumer Price Index (CPI) on Tuesday and the February read on retail sales out Wednesday morning will likely firm up investor expectations for the Fed's next policy move.Consensus forecasts are calling for CPI to rise 6% over last year on a headline basis and 5.5% on a \"core\" basis in February, according to data from Trading Economics. A 6% increase in inflation would mark the slowest annual increase in consumer prices since September 2021.Investor focus on the Fed's next steps, however, has been usurped as the top focus for investors in recent days with Friday's shock collapse of Silicon Valley Bank and fears over what the second-largest bank failure in U.S. history could mean for the broader financial system.How futures open Sunday evening and what follow-through, if any, there is into Monday's trading session will be crucial in setting the tone for the coming week. And it will provide a clue as to whether investors agree with many initial reactions to Silicon Valley Bank's collapse — namely, that this represents a unique failure rather than the beginning of something larger.As Yahoo Finance's Jennifer Schonberger reported Friday, TD Cowen analyst Jaret Seiberg wrote Friday that the firm does \"not see this as the start of a broader threat to the safety and soundness of the banking system.\"\"Much like Silvergate (SI), Silicon Valley had a unique business model that was less dependent on retail deposits than a traditional bank,\" Seiberg added. \"This left the bank more exposed to interest rate risk as its funding got more expensive, but its assets were not repricing higher.\"A view of the Park Avenue location of Silicon Valley Bank (SVB), in New York City, U.S., March 10, 2023. REUTERS/David 'Dee' DelgadoDavid Dee Delgado / reutersIn a note to clients published Friday, Kabir Caprihan, an analyst at JPMorgan, echoed much of this sentiment, writing: \"At the outset, we don’t believe [Silicon Valley Bank's collapse] to be systemic, but it does reflect some of the structural issues that we highlighted in our outlook and what drove our Underweight on regional banks.\"The scale and particular challenges that took down Silicon Valley Bank are unique — its exposure to the cash-burning tech world most punished by investors during the Fed's rate-hiking campaign being at the top of this list. But the general story of a surge in deposits in 2021, outflows in recent months, and losses in securities portfolios is likely to challenge some regional banks in the near term.A Bloomberg report late Saturday said the FDIC — which took control of the bank on Friday morning — was working to make whole a portion of uninsured deposits held with the bank, with the outlet reporting payments between 30% and 50% of deposits were being discussed.Officials from the Fed and FDIC have also discussed establishing a fund to backstop deposits from other institutions that might face a crisis similar to what took down Silicon Valley Bank in the coming weeks, Bloomberg reported. Across the Atlantic, UK finance minister Jeremy Hunt said the British government has been working to ensure any UK firm's facing cash needs from SVB's failure \"are able to meet their cashflow requirements to pay their staff.\"Semafor reported over the weekend hedge funds have been reaching out to startups with cash stuck at Silicon Valley Bank with offers to buy their deposits at a discount, as some companies face a cash crunch with payroll looming and a potentially long road ahead to being made whole on money deposited with the failed bank.This comes as regulators feel out buyers for Silicon Valley Bank as well as the wealth management, investment, and securities business housed under the bank's former parent company, SVB Financial (SIVB). Employees of the failed Silicon Valley Bank will remain employed for 45 days before being let go, Bloomberg reported Saturday.The FDIC's latest update on the situation as of Saturday evening said: \"All depositors will have full access to their insured deposits no later than Monday morning, March 13, 2023. The FDIC will pay uninsured depositors an advance dividend within the next week.\"The FDIC added: \"Uninsured depositors will receive a receivership certificate for the remaining amount of their uninsured funds. As the FDIC sells the assets of Silicon Valley Bank, future dividend payments may be made to uninsured depositors.\"\"The circumstances of the Silicon Valley Bank collapse are unique enough that it probably won't trigger a widespread financial contagion,\" wrote Paul Ashworth, chief North America economist at Capital Economics. \"Nevertheless, it is a timely reminder that when the Fed is singularly focused on squeezing inflation by jacking up interest rates – it often ends up breaking things.\"—Economic CalendarMonday: No major economic releases scheduled.Tuesday: Consumer Price Index, year-over-year, February (+6% expected vs. +6.4% in January); Consumer Price Index, month-over-month, February (+0.4% expected vs. +0.5% in January); \"Core\" CPI, year-over-year, February (+5.5% expected vs. 5.6% in January); \"Core\" CPI, month-over-month, February (+0.4% expected vs. +0.4% in January)Wednesday: MBA Mortgage Applications; Producer prices, year-over-year, February (+5.4% expected vs. 6% in January); Producer prices, month-over-month, February (+0.3% expected vs. +0.7% in January); \"Core\" PPI, year-over-year, February (+5.2% expected vs. +5.4% in January); \"Core\" PPI, month-over-month, February (+0.4% expected vs. 0.4% in January); Retail sales, month-over-month, February (-0.3% expected vs. +3% in January); NAHB Home Builder Sentiment, March (42 expected vs. 42 in February)Thursday: Building permits, February (1.238 million annualized rate vs. 1.339 million in January); Housing starts, February (1.31 million annualized rate vs. 1.309 million in January); Initial jobless claims (205,000 expected vs. 211,000 last week); Philly Fed manufacturing surveyFriday: Industrial production, February (+0.4% expected vs. 0% in January); University of Michigan consumer sentiment, preliminary March reading—Earnings CalendarMonday: GitLab (GTLB)Tuesday: Lennar (LEN); Guess (GES); SentinelOne (S); StoneCo (STNE)Wednesday: Adobe (ADBE); Oatly (OTLY); UiPath (PATH); Five Below (FIVE)Thursday: FedEx (FDX); Dollar General (DG); G-III Apparel (GIII); Jabil (JBL); Signet Jewelers (SIG); Academy Sports (ASO); Williams-Sonoma (WSM); Traeger (COOK)Friday: No notable earnings set for release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949645936,"gmtCreate":1678662933625,"gmtModify":1678662939158,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bb Jj","listText":"Bb Jj","text":"Bb Jj","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949645936","repostId":"1119712805","repostType":4,"repost":{"id":"1119712805","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":1678662159,"share":"https://www.laohu8.com/m/news/1119712805?lang=&edition=full","pubTime":"2023-03-13 07:02","market":"us","language":"en","title":"U.S. Announces It Will Stem SVB Fallout, Customers to Have Deposit Access","url":"https://stock-news.laohu8.com/highlight/detail?id=1119712805","media":"Reuters","summary":"(Reuters) - Silicon Valley Bank  customers will have access to their deposits starting on Monday, U.","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/SIVB\">Silicon Valley Bank </a> customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of the tech startup-focused lender.</p><p>The boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, in consultation with President Joe Biden, approved the FDIC&#39;s resolution of SVB, according to a joint statement from U.S. Treasury Secretary Janet Yellen, Fed Chair Jerome Powell and FDIC Chairman Martin Gruenberg on Sunday evening.</p><p>The move will not lead to losses by American taxpayers and all deposits will be made whole, the statement said.</p><p>&#34;Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,&#34; the statement said. &#34;This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.&#34;</p><p>The Federal Reserve also said Sunday it would make additional funding available through a new Bank Term Funding Program, which would offer loans up to one year to depository institutions, backed by Treasuries and other assets these institutions hold.</p><p>The officials also said that depositors of New York&#39;s <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>, which was closed Sunday by the New York state financial regulator, would be made whole at no loss to the taxpayer.</p><p>Signature&#39;s shareholders and unsecured debtors will not be protected, and management has been removed, the officials said.</p><p><img src=\"https://static.tigerbbs.com/55e6734dfe59a152aecda5c41da4252d\" tg-width=\"960\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/>A man puts a sign on the door of the Silicon Valley Bank as an onlooker watches at the bank’s headquarters in Santa Clara, California, U.S. March 10, 2023. REUTERS/Nathan Frandino</p><p>Earlier, Yellen had said she was working with banking regulators to respond after SVB became the largest bank to fail since the 2008 financial crisis.</p><p>In March 2020 when the coronavirus pandemic and lockdowns triggered financial panic, the Federal Reserve announced a series of measures to keep credit flowing by lowering borrowing costs and lengthening the terms of its direct loans.</p><p>By the end of that month, use of the Fed&#39;s discount window facility shot up to more than $50 billion.</p><p>Through the middle of last week, before SVB&#39;s collapse, there had been no indications of usage picking up, with Fed data showing weekly outstanding balances of $4 billion to $5 billion since the start of the year.</p><h3>FINDING A BUYER</h3><p>Although the Federal Deposit Insurance Corporation (FDIC) protects deposits of up to $250,000, there have been worries about SVB deposits above that level, one source said, adding that many smaller businesses were at risk of being unable to pay staff.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Announces It Will Stem SVB Fallout, Customers to Have Deposit Access</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\">\nU.S. Announces It Will Stem SVB Fallout, Customers to Have Deposit Access\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-13 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/SIVB\">Silicon Valley Bank </a> customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of the tech startup-focused lender.</p><p>The boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, in consultation with President Joe Biden, approved the FDIC&#39;s resolution of SVB, according to a joint statement from U.S. Treasury Secretary Janet Yellen, Fed Chair Jerome Powell and FDIC Chairman Martin Gruenberg on Sunday evening.</p><p>The move will not lead to losses by American taxpayers and all deposits will be made whole, the statement said.</p><p>&#34;Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,&#34; the statement said. &#34;This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.&#34;</p><p>The Federal Reserve also said Sunday it would make additional funding available through a new Bank Term Funding Program, which would offer loans up to one year to depository institutions, backed by Treasuries and other assets these institutions hold.</p><p>The officials also said that depositors of New York&#39;s <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>, which was closed Sunday by the New York state financial regulator, would be made whole at no loss to the taxpayer.</p><p>Signature&#39;s shareholders and unsecured debtors will not be protected, and management has been removed, the officials said.</p><p><img src=\"https://static.tigerbbs.com/55e6734dfe59a152aecda5c41da4252d\" tg-width=\"960\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/>A man puts a sign on the door of the Silicon Valley Bank as an onlooker watches at the bank’s headquarters in Santa Clara, California, U.S. March 10, 2023. REUTERS/Nathan Frandino</p><p>Earlier, Yellen had said she was working with banking regulators to respond after SVB became the largest bank to fail since the 2008 financial crisis.</p><p>In March 2020 when the coronavirus pandemic and lockdowns triggered financial panic, the Federal Reserve announced a series of measures to keep credit flowing by lowering borrowing costs and lengthening the terms of its direct loans.</p><p>By the end of that month, use of the Fed&#39;s discount window facility shot up to more than $50 billion.</p><p>Through the middle of last week, before SVB&#39;s collapse, there had been no indications of usage picking up, with Fed data showing weekly outstanding balances of $4 billion to $5 billion since the start of the year.</p><h3>FINDING A BUYER</h3><p>Although the Federal Deposit Insurance Corporation (FDIC) protects deposits of up to $250,000, there have been worries about SVB deposits above that level, one source said, adding that many smaller businesses were at risk of being unable to pay staff.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IAT":"安硕美国地区银行ETF","SBNY":"签字银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119712805","content_text":"(Reuters) - Silicon Valley Bank  customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of the tech startup-focused lender.The boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, in consultation with President Joe Biden, approved the FDIC's resolution of SVB, according to a joint statement from U.S. Treasury Secretary Janet Yellen, Fed Chair Jerome Powell and FDIC Chairman Martin Gruenberg on Sunday evening.The move will not lead to losses by American taxpayers and all deposits will be made whole, the statement said.\"Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,\" the statement said. \"This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.\"The Federal Reserve also said Sunday it would make additional funding available through a new Bank Term Funding Program, which would offer loans up to one year to depository institutions, backed by Treasuries and other assets these institutions hold.The officials also said that depositors of New York's Signature Bank, which was closed Sunday by the New York state financial regulator, would be made whole at no loss to the taxpayer.Signature's shareholders and unsecured debtors will not be protected, and management has been removed, the officials said.A man puts a sign on the door of the Silicon Valley Bank as an onlooker watches at the bank’s headquarters in Santa Clara, California, U.S. March 10, 2023. REUTERS/Nathan FrandinoEarlier, Yellen had said she was working with banking regulators to respond after SVB became the largest bank to fail since the 2008 financial crisis.In March 2020 when the coronavirus pandemic and lockdowns triggered financial panic, the Federal Reserve announced a series of measures to keep credit flowing by lowering borrowing costs and lengthening the terms of its direct loans.By the end of that month, use of the Fed's discount window facility shot up to more than $50 billion.Through the middle of last week, before SVB's collapse, there had been no indications of usage picking up, with Fed data showing weekly outstanding balances of $4 billion to $5 billion since the start of the year.FINDING A BUYERAlthough the Federal Deposit Insurance Corporation (FDIC) protects deposits of up to $250,000, there have been worries about SVB deposits above that level, one source said, adding that many smaller businesses were at risk of being unable to pay staff.","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9949645936,"gmtCreate":1678662933625,"gmtModify":1678662939158,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bb Jj","listText":"Bb Jj","text":"Bb Jj","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":20,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949645936","repostId":"1119712805","repostType":4,"repost":{"id":"1119712805","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":1678662159,"share":"https://www.laohu8.com/m/news/1119712805?lang=&edition=full","pubTime":"2023-03-13 07:02","market":"us","language":"en","title":"U.S. Announces It Will Stem SVB Fallout, Customers to Have Deposit Access","url":"https://stock-news.laohu8.com/highlight/detail?id=1119712805","media":"Reuters","summary":"(Reuters) - Silicon Valley Bank  customers will have access to their deposits starting on Monday, U.","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/SIVB\">Silicon Valley Bank </a> customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of the tech startup-focused lender.</p><p>The boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, in consultation with President Joe Biden, approved the FDIC&#39;s resolution of SVB, according to a joint statement from U.S. Treasury Secretary Janet Yellen, Fed Chair Jerome Powell and FDIC Chairman Martin Gruenberg on Sunday evening.</p><p>The move will not lead to losses by American taxpayers and all deposits will be made whole, the statement said.</p><p>&#34;Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,&#34; the statement said. &#34;This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.&#34;</p><p>The Federal Reserve also said Sunday it would make additional funding available through a new Bank Term Funding Program, which would offer loans up to one year to depository institutions, backed by Treasuries and other assets these institutions hold.</p><p>The officials also said that depositors of New York&#39;s <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>, which was closed Sunday by the New York state financial regulator, would be made whole at no loss to the taxpayer.</p><p>Signature&#39;s shareholders and unsecured debtors will not be protected, and management has been removed, the officials said.</p><p><img src=\"https://static.tigerbbs.com/55e6734dfe59a152aecda5c41da4252d\" tg-width=\"960\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/>A man puts a sign on the door of the Silicon Valley Bank as an onlooker watches at the bank’s headquarters in Santa Clara, California, U.S. March 10, 2023. REUTERS/Nathan Frandino</p><p>Earlier, Yellen had said she was working with banking regulators to respond after SVB became the largest bank to fail since the 2008 financial crisis.</p><p>In March 2020 when the coronavirus pandemic and lockdowns triggered financial panic, the Federal Reserve announced a series of measures to keep credit flowing by lowering borrowing costs and lengthening the terms of its direct loans.</p><p>By the end of that month, use of the Fed&#39;s discount window facility shot up to more than $50 billion.</p><p>Through the middle of last week, before SVB&#39;s collapse, there had been no indications of usage picking up, with Fed data showing weekly outstanding balances of $4 billion to $5 billion since the start of the year.</p><h3>FINDING A BUYER</h3><p>Although the Federal Deposit Insurance Corporation (FDIC) protects deposits of up to $250,000, there have been worries about SVB deposits above that level, one source said, adding that many smaller businesses were at risk of being unable to pay staff.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Announces It Will Stem SVB Fallout, Customers to Have Deposit Access</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\">\nU.S. Announces It Will Stem SVB Fallout, Customers to Have Deposit Access\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-13 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/SIVB\">Silicon Valley Bank </a> customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of the tech startup-focused lender.</p><p>The boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, in consultation with President Joe Biden, approved the FDIC&#39;s resolution of SVB, according to a joint statement from U.S. Treasury Secretary Janet Yellen, Fed Chair Jerome Powell and FDIC Chairman Martin Gruenberg on Sunday evening.</p><p>The move will not lead to losses by American taxpayers and all deposits will be made whole, the statement said.</p><p>&#34;Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,&#34; the statement said. &#34;This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.&#34;</p><p>The Federal Reserve also said Sunday it would make additional funding available through a new Bank Term Funding Program, which would offer loans up to one year to depository institutions, backed by Treasuries and other assets these institutions hold.</p><p>The officials also said that depositors of New York&#39;s <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>, which was closed Sunday by the New York state financial regulator, would be made whole at no loss to the taxpayer.</p><p>Signature&#39;s shareholders and unsecured debtors will not be protected, and management has been removed, the officials said.</p><p><img src=\"https://static.tigerbbs.com/55e6734dfe59a152aecda5c41da4252d\" tg-width=\"960\" tg-height=\"640\" referrerpolicy=\"no-referrer\"/>A man puts a sign on the door of the Silicon Valley Bank as an onlooker watches at the bank’s headquarters in Santa Clara, California, U.S. March 10, 2023. REUTERS/Nathan Frandino</p><p>Earlier, Yellen had said she was working with banking regulators to respond after SVB became the largest bank to fail since the 2008 financial crisis.</p><p>In March 2020 when the coronavirus pandemic and lockdowns triggered financial panic, the Federal Reserve announced a series of measures to keep credit flowing by lowering borrowing costs and lengthening the terms of its direct loans.</p><p>By the end of that month, use of the Fed&#39;s discount window facility shot up to more than $50 billion.</p><p>Through the middle of last week, before SVB&#39;s collapse, there had been no indications of usage picking up, with Fed data showing weekly outstanding balances of $4 billion to $5 billion since the start of the year.</p><h3>FINDING A BUYER</h3><p>Although the Federal Deposit Insurance Corporation (FDIC) protects deposits of up to $250,000, there have been worries about SVB deposits above that level, one source said, adding that many smaller businesses were at risk of being unable to pay staff.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IAT":"安硕美国地区银行ETF","SBNY":"签字银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119712805","content_text":"(Reuters) - Silicon Valley Bank  customers will have access to their deposits starting on Monday, U.S. officials said on Sunday, as the federal government announced actions to shore up deposits and stem any broader financial fallout from the sudden collapse of the tech startup-focused lender.The boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, in consultation with President Joe Biden, approved the FDIC's resolution of SVB, according to a joint statement from U.S. Treasury Secretary Janet Yellen, Fed Chair Jerome Powell and FDIC Chairman Martin Gruenberg on Sunday evening.The move will not lead to losses by American taxpayers and all deposits will be made whole, the statement said.\"Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,\" the statement said. \"This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.\"The Federal Reserve also said Sunday it would make additional funding available through a new Bank Term Funding Program, which would offer loans up to one year to depository institutions, backed by Treasuries and other assets these institutions hold.The officials also said that depositors of New York's Signature Bank, which was closed Sunday by the New York state financial regulator, would be made whole at no loss to the taxpayer.Signature's shareholders and unsecured debtors will not be protected, and management has been removed, the officials said.A man puts a sign on the door of the Silicon Valley Bank as an onlooker watches at the bank’s headquarters in Santa Clara, California, U.S. March 10, 2023. REUTERS/Nathan FrandinoEarlier, Yellen had said she was working with banking regulators to respond after SVB became the largest bank to fail since the 2008 financial crisis.In March 2020 when the coronavirus pandemic and lockdowns triggered financial panic, the Federal Reserve announced a series of measures to keep credit flowing by lowering borrowing costs and lengthening the terms of its direct loans.By the end of that month, use of the Fed's discount window facility shot up to more than $50 billion.Through the middle of last week, before SVB's collapse, there had been no indications of usage picking up, with Fed data showing weekly outstanding balances of $4 billion to $5 billion since the start of the year.FINDING A BUYERAlthough the Federal Deposit Insurance Corporation (FDIC) protects deposits of up to $250,000, there have been worries about SVB deposits above that level, one source said, adding that many smaller businesses were at risk of being unable to pay staff.","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196169010,"gmtCreate":1621037009530,"gmtModify":1704352180066,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls comment&nbsp;","listText":"Pls comment&nbsp;","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/196169010","repostId":"1163454382","repostType":4,"repost":{"id":"1163454382","pubTimestamp":1621004581,"share":"https://www.laohu8.com/m/news/1163454382?lang=&edition=full","pubTime":"2021-05-14 23:03","market":"us","language":"en","title":"Why AMC Entertainment Stock Jumped Again Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1163454382","media":"Motley Fool","summary":"AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention  issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat","content":"<blockquote>\n <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p>A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p>\n<p><b>So what</b></p>\n<p>Yesterday's jump came after the company announcedit raised $428 million</p>\n<p>First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p>\n<p>This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p>\n<p><b>Now what</b></p>\n<p>Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p>\n<p>Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</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>Why AMC Entertainment Stock Jumped Again Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy AMC Entertainment Stock Jumped Again Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163454382","content_text":"AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company announcedit raised $428 million\nFirst, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.\nThis should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,Walt Disney(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.\nNow what\nLower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.\nVaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3577052009539184","authorId":"3577052009539184","name":"pinkishmin","avatar":"https://static.tigerbbs.com/2edb5254c2e93a4893c004e7ebc70557","crmLevel":2,"crmLevelSwitch":0},"content":"good pls respond back","text":"good pls respond back","html":"good pls respond back"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108974844,"gmtCreate":1619997887088,"gmtModify":1704337001687,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls like n comment","listText":"Pls like n comment","text":"Pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/108974844","repostId":"1103106179","repostType":4,"repost":{"id":"1103106179","pubTimestamp":1619917622,"share":"https://www.laohu8.com/m/news/1103106179?lang=&edition=full","pubTime":"2021-05-02 09:07","market":"us","language":"en","title":"Berkshire Hathaway Annual Meeting 2021: Highlights and storylines","url":"https://stock-news.laohu8.com/highlight/detail?id=1103106179","media":"Tiger Newspress","summary":"Emily McCormick·ReporterSun, May 2, 2021, 5:03 AMWarren Buffett addressed investors around the world","content":"<p>Emily McCormick·ReporterSun, May 2, 2021, 5:03 AM</p><p>Warren Buffett addressed investors around the world on Saturday at Berkshire Hathaway's 2021 Annual Shareholder Meeting.</p><p><a href=\"https://laohu8.com/RN?name=RNLive&amp;rndata={&quot;liveId&quot;:&quot;16196040827650&quot;}\" target=\"_blank\"><b>Playback Live Here！</b></a></p><p>In an hours-long event, the investing legend fielded questions on Berkshire's business and investment decisions,offered advice for first-time investorsand touted the strength of American corporations in a characteristically optimistic tone.Buffett nodded to the Federal Reserveand Congress for their swift response to the COVID-19 crisis, and underscored the rebound in the U.S. economy. And the Oracle of Omaha also addressed the recent rise in retail trading andonline brokerage firmslike Robinhood,the rally in bitcoinand the boom in SPAC mergers.</p><p>In many ways, this year's meeting looked different from those in the past. The annual event took placein a hotel conference room in Los Angelesrather than in an arena in Omaha, Nebraska, due to the ongoing pandemic.</p><p>Buffett's long-time business partner Charlie Munger also returned onstage this year to co-lead the event, after sitting out last year because of the pandemic. And in a new move, Buffett and Munger were joined by Berkshire's Vice Chairmen Gregory Abel and Ajit Jain,in a signal of potential succession plans at the company.</p><p>Here were some of the highlights from the event.</p><p>—</p><p>Buffett said Berkshire Hathaway is seeing signs of rising price pressures during the COVID-19 recovery, corroborating many market participants' concerns about increasing inflationary pressures.</p><p>\"We're seeing substantial inflation. We're raising prices, people are raising prices to us. And it's being accepted,\" Buffett said. \"We really do a lot of housing. The costs are just up, up, up. Steel costs. You know, just every day they're going up.\"</p><p>\"It's an economy – really, it's red hot. And we weren't expecting it,\" he added.</p><p>—</p><p>Buffett said trading apps like Robinhoodhave contributed to the \"casino aspect\" of the stock market as of late, exploiting individuals' inclinations to gamble.</p><p>“It’s become a very significant part of the casino aspect, the casino group, that has joined into the stock market in the last year, year and a half,\" Buffett said of Robinhood. \"There’s nothing, you know, there’s nothing illegal about it, there’s nothing immoral. But I don’t think you’d build a society around people doing it.\"</p><p>\"I think the degree to which a very rich society can reward people who know how to take advantage, essentially, of the gambling instincts of the American public, the worldwide public – it’s not the most admirable part of the accomplishment,\" Buffett added. \"But I think what America has accomplished is pretty admirable overall. And I think actually American corporations have turned out to be a wonderful place for people to put their money and save. But they also make terrific gambling chips, and if you cater to those gambling chips when people have money in their pocket for the first time and you tell them take my 30 or 40 or 50 trades a day and you’re not charging commission ... I hope we don’t have more of it.”</p><p>—</p><p>Buffett explained that Berkshire's move to unload many of its bank shares last year was not due to a lack of confidence in the banking industry, but more a decision to re-balance the portfolio and avoid being too heavily tilted toward one area.</p><p>\"I like banks generally, I just didn't like the proportion compared to the possible risk,\" Buffett said. \"We were over 10% of Bank of America. It's a real pain in the neck, more to the banks than us.\"</p><p>Berkshire held 1,032,952,006 shares of Bank of America as of the end of 2020, after adding 85.1 million shares in the third quarter alone. This gave Berkshire Hathaway an ownership stake of 11.9%. Berkshire cut its holdings of Wells Fargo from 345.7 million shares at year-end 2019 to 52.4 million by year-end 2020, and completely exited its holdings in JPMorgan Chase (JPM) and M&amp;T Bank Corp (MTB).</p><p>\"The banking business is way better than it was in the United States 10 or 15 years ago,\" he added. \"The banking business around the world in various places might worry me, but our banks are in far, far better shape than 10 or 15 years ago.\"</p><p>—</p><p>A shareholder asked Jain, who leads Berkshire's insurance business, whether he would be hypothetically willing to write an insurance policy for SpaceX founder Elon Musk for his proposed colonization of Mars.</p><p>\"This is an easy one. No thank you, I’ll pass,\" Jain said.</p><p>“Well I would say it would depend on the premium,” Buffett interjected with a laugh. \"And I would say that I would probably have a somewhat different rate if Elon was on board or not on board. It makes a difference if someone is asking to insure something.”</p><p>—</p><p>Warren Buffett declined to directly offer an opinion in response to a question on bitcoin, an assethe previously likened to \"rat poison squared.\"</p><p>\"I knew there’d be a question on bitcoin or crypto and I thought to myself well, I watch these politicians dodge questions all the time … The truth is, I’m going to dodge that question,\" Buffett said. \"Because the truth is, we’ve probably got hundreds of thousands of people that are watching this that own bitcoin. And we’ve probably got two people that are short. So we’ve got a choice of making 400,000 people mad at us and unhappy, and making two people happy. And it’s just a dumb equation.\"</p><p>Munger, however, issued a more direct attack.</p><p>\"Those who know me well are just waving the red flag at the bull. Of course I hate the bitcoin success,\" he said. \"And I don’t welcome a currency that’s so useful kidnappers and extortionists and so forth. Nor do I like shoveling out a few extra billions and billions and billions of dollars to somebody who just invented a new financial product out of thin air. So I think I should say modestly that the whole damn development is disgusting and contrary to the interest of civilization.\"</p><p>—</p><p>Both Buffett and Munger issued strong words of support for share repurchases, especially after Berkshire reported repurchasing an additional $6.6 billion in stock in the first three months of 2021.</p><p>\"They're a way, essentially, of distributing the cash to the people that want the cash when other co-owners mostly want you to reinvest,\" Buffett said. \"It's a savings vehicle.\"</p><p>\"I find it almost impossible to believe some of the arguments that are made that it's terrible to repurchase shares from a partner if they want to get out of something, and you're able to do it at prices that are advantages to the people that are staying,\" Buffett said. \"And it helps slightly the person that wants out.\"</p><p>Munger offered a similar view.</p><p>\"You're repurchasing stock. Just a bullet higher, it's deeply immoral,\" Munger said. \"But if you're repurchasing stock because it's a fair thing to do in the interest of your existing shareholders, it's a highly moral act and the people who are criticizing it are bonkers.\"</p><p>—</p><p>Low interest rates have catalyzed a surge in valuations across equities, giving those who invest in the markets an opportunity to create wealth, Munger said during the Berkshire Hathaway question and answer segment.</p><p>\"I think one consequence of this present situation is, Bernie Sanders has basically won,\" Munger says. \"Because with everything boomed out so high and interest rates so low, what's going to happen is, the millennial generation is going to have a hell of a time getting rich compared to our generation ... He did it by accident, but he won.\"</p><p>\"And so the difference between the difference between the rich and the poor in the generation that's rising is going to be a lot less,\" he added. \"So Bernie has won.\"</p><p>—</p><p>Buffett received a question around special purpose acquisition companies, or blank-check companies, which have become a hugely popular means for firms to go public over the past year.</p><p>\"The SPACs generally have to spend their money in two years, as I understand it. If you have to buy a business in two years, you put a gun to my head and said you've got to buy a business in two years, I'd buy one but it wouldn't be much of one,\" Buffett.</p><p>\"If you're running money from somebody else and you get a fee and you get the upside and you don't have the downside, you're going to buy something,\" he added. \"And frankly we're not competitive with that.\"</p><p>\"It's an exaggerated version of what we've seen in kind of a gambling-type market,\" he added.</p><p>—</p><p>Buffett conceded that selling some of Apple's stock in 2020 was \"probably a mistake,\" with shares rising even further this year following the tech-led 2020 in the markets.</p><p>\"The brand and the product — it's an incredible product,\" Buffett said of Apple. \"It is indispensable to people.\"</p><p>\"I sold some stock last year, although our shareholders still saw their shares go up because we repurchased shares,\" he added. \"But that was probably a mistake.\"</p><p>Berkshire owned 907,559,761 shares of Appleas of the end of December for a total market value of $120.4 billion. By contrast, the firm spent just $31 billion accumulating this stake since late 2016.</p><p>—</p><p>A shareholder directed a question to Ajit Jain and Greg Abel asking about the relationship the two likely next leaders of Berkshire Hathaway have with one another, given how iconic the relationship between Warren Buffett and Charlie Munger has been over the course of the company's history.</p><p>\"There's no question the relationship Warren has with Charlie is unique,\" Jain said. \"It's not going to be duplicated, certainly not by me and Greg. I can't think of anybody that can duplicate it.\"</p><p>\"I certainly have a lot of respect, both at a professional level and personal level, in terms of what Greg's abilities are,\" Jain added. \"We do not interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective decision.\"</p><p>\"Even though the interaction may be different than say how Warren and Charlie do it ... we make sure we're always following up with each other but it goes beyond that,\" Abel said. \"Ajit has a great understanding of the Berkshire culture. I strongly believe I do too.\"</p><p>—</p><p>One shareholder asked Buffett about Berkshire's decision to invest in the oil and gas industry, and queried whether we might have \"build our own unrealistic consensus on the pace of change\" to clean energy solutions. Buffett defended the company's investment in the industry and in Chevron specifically, whichwas a relatively recent investment for the firm.</p><p>\"I would say that people are on the extremes of both sides are a little nuts. I would hate to have all the hydrocarbons banned in three years,\" Buffett said. \"You wouldn't want a world — it wouldn't work. And on the other hand, what's happening will be adapted to over time just as we've adapted to all kinds of things.\"</p><p>\"We have no problem owning Costco or Walmart and a substantial number of their stores. And they sell cigarettes, it's a big item,\" he added as an analogy. \"It's a very tough situation ... It's a very tough time to decide what companies benefit societies more than others.\"</p><p>\"I don't like making the moral judgments on stocks in terms of actually running the businesses, but there's something about every business that you knew that you wouldn't like,\" he added. \"If you expect perfection in your spouse or in your friends or in companies you're not going to find it.\"</p><p>\"Chevron is not an evil company in the least, and I have no compunction about owning it in the least, about owning Chevron,\" Buffett concluded. \"And if we owned the entire business I would not feel uncomfortable about being in that business.\"</p><p>Answering a subsequent question about the Berkshire board of directors' recommendation to voteagainst reporting climate-related risks, Munger added, \"I don't know we know the answer to all these questions about global warming.\"</p><p>\"The people who ask the questions think they know the answer. We're just more modest.\"</p><p>—</p><p>Most investors would benefit from simply purchasing an S&amp;P 500 index fund over the long run rather than picking individual stocks, even including Berkshire Hathaway, Buffett said during the question-and-answer session Saturday.</p><p>\"I recommend the S&amp;P 500 index fund … I’ve never recommended Berkshire to anybody because I don’t want people to buy it because they think I’m tipping them into something,\" he said. \"On my death there's a fund for my then-widow and 90% will go into an S&amp;P 500 index fund.\"</p><p>\"I do not think the average person can pick stocks,\" he added. \"We happen to have a large group of people that didn't pick stocks but they picked Charlie and me to manage money for them 50, 60 years ago. So we have a very unusual group of shareholders I think who look at Berkshire as a lifetime savings vehicle and one that they don’t have to think about and one that they'll, you know, they don't look at it again for 10 to 20 years.\"</p><p>Charlie Munger, on the other hand, had a different perspective.</p><p>\"I personally prefer holding Berkshire to holding the market,\" he said in response to the same question. \"I’m quite comfortable holding Berkshire. I think our businesses are better than the average in the market.\"</p><p>—</p><p>Buffett reiterated a staunchly supportive stance of U.S. corporations and capitalism in his opening remarks, highlighting that five of the six largest companies in the world by market capitalization currently comprise domestic companies. Those five companies are Apple, Microsoft, Amazon, Alphabet and Facebook, with only Saudi Aramco of Saudi Arabia coming in as a non-U.S. mega-cap company in the top six.</p><p>But only a couple hundred years ago, the U.S. looked like the underdog.</p><p>\"In 1790 we had one-half of 1% of the world's population,\" Buffett said. \"600,000 of them were slaves. Ireland had more people than the United States had. Russia had five times as many people. Ukraine had twice as many people.\"</p><p>\"But here we were. What did we have? We had a map for the future, an aspirational map that somehow now only 232 years later, leaves us with five of the top six companies in the world,\" he said. \"It's not an accident. And it's not because we were way smarter, way stronger or anything of the sort. We had good soil, decent climate, but so did some of the other countries I named. This system has worked very well.\"</p><p>—</p><p>In opening remarks at the start of Berkshire Hathaway's annual shareholder meeting, Buffett credited the U.S. economic recovery from the COVID-19 crisis toswift action by the Federal Reserve and Congress.</p><p>\"The economy went off a cliff in March. It was resurrected in an extraordinarily effective way by Federal Reserve action and later on the fiscal front by Congress,\" Buffett said in opening remarks at Berkshire's annual shareholder meeting.\"</p><p>He added that Berkshire Hathaway's own business has picked up tremendously alongside the broader economy, and suggested businesses like airlines were still among those most deeply affected by lingering effects from the pandemic.</p><p>\"Our businesses have done really quite well. This has been a very, very, very unusual recession in that it's been localized ... to an extraordinary extent. Right now business is really very good in a great many segments of the economy,\" he added. \"But there's still problems if you're in a few types of businesses that have been decimated such as international air travel or something of the sort.\"</p><p>—</p><p>The CEO of See's Candies, one of the longstanding companies owned by Berkshire Hathaway, told Yahoo Finance that the companyhas seen a strong rebound at the start of 2021. However, last year, business virtually ground to a halt.</p><p>\"This has been the longest decade of my life. We've been through a lot. Last year – it's a tale of a couple of different quarters. The first quarter was tremendous,\" See's Candies CEO Pat Egan said in an interview with Yahoo Finance's Julia La Roche ahead of the start of Berkshire's annual shareholder meeting. \"In the middle of March, when this [pandemic] really hit, we shut down all of our stores in a span of five days. So about 245 stores we closed in a matter of days. And then about a week and a half later, we closed our e-commerce fulfillment center down in Southern California. So for a period of time there, we essentially completely stopped.\"</p><p>\"We just said, we're not going to reopen stores or reopen plants until we can create a safe operating environment for our employees,\" he added. \"That took a while, and by the time we restored over the summer we saw customers coming back in. But for that period of time, it was pretty rough.\"</p><p>See's Candies just completed its \"best first quarter ever\" at the start of 2021, Egan added.</p><p>—</p><p>Berkshire Hathawayreported first-quarter results Saturday morning, underscoring arebound in profits across the firm's businesses amid the COVID-19 recovery. Berkshire also reported that it conducted another $6.6 billion of stock buybacks, extending its ramped-up share repurchase program from 2020.</p><p>Operating income during the first three months of the year increased to $7.02 billion, rising 19.5% compared to the $5.87 billion posted in the first quarter of 2020. Net earnings attributable to Berkshire shareholders swung back to a profit of $11.71 billion, compared to a loss of $49.75 billion in the same quarter last year.</p><p>Consolidated shareholders' equity rose by $4.8 billion to $448 billion by the end of March compared to the fourth quarter of 2020.</p><p><a href=\"https://laohu8.com/RN?name=RNLive&amp;rndata={&quot;liveId&quot;:&quot;16196040827650&quot;}\" target=\"_blank\">If you want to watch the full live video, please click here.</a></p>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Berkshire Hathaway Annual Meeting 2021: Highlights and storylines</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBerkshire Hathaway Annual Meeting 2021: Highlights and storylines\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-02 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.forbes.com/sites/garymishuris/2020/05/03/3-insights-from-warren-buffett-at-berkshire-hathaways-2020-annual-meeting/?sh=565c65856d50><strong>Tiger Newspress</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Emily McCormick·ReporterSun, May 2, 2021, 5:03 AMWarren Buffett addressed investors around the world on Saturday at Berkshire Hathaway's 2021 Annual Shareholder Meeting.Playback Live Here！In an hours-...</p>\n\n<a href=\"https://www.forbes.com/sites/garymishuris/2020/05/03/3-insights-from-warren-buffett-at-berkshire-hathaways-2020-annual-meeting/?sh=565c65856d50\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔"},"source_url":"https://www.forbes.com/sites/garymishuris/2020/05/03/3-insights-from-warren-buffett-at-berkshire-hathaways-2020-annual-meeting/?sh=565c65856d50","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103106179","content_text":"Emily McCormick·ReporterSun, May 2, 2021, 5:03 AMWarren Buffett addressed investors around the world on Saturday at Berkshire Hathaway's 2021 Annual Shareholder Meeting.Playback Live Here！In an hours-long event, the investing legend fielded questions on Berkshire's business and investment decisions,offered advice for first-time investorsand touted the strength of American corporations in a characteristically optimistic tone.Buffett nodded to the Federal Reserveand Congress for their swift response to the COVID-19 crisis, and underscored the rebound in the U.S. economy. And the Oracle of Omaha also addressed the recent rise in retail trading andonline brokerage firmslike Robinhood,the rally in bitcoinand the boom in SPAC mergers.In many ways, this year's meeting looked different from those in the past. The annual event took placein a hotel conference room in Los Angelesrather than in an arena in Omaha, Nebraska, due to the ongoing pandemic.Buffett's long-time business partner Charlie Munger also returned onstage this year to co-lead the event, after sitting out last year because of the pandemic. And in a new move, Buffett and Munger were joined by Berkshire's Vice Chairmen Gregory Abel and Ajit Jain,in a signal of potential succession plans at the company.Here were some of the highlights from the event.—Buffett said Berkshire Hathaway is seeing signs of rising price pressures during the COVID-19 recovery, corroborating many market participants' concerns about increasing inflationary pressures.\"We're seeing substantial inflation. We're raising prices, people are raising prices to us. And it's being accepted,\" Buffett said. \"We really do a lot of housing. The costs are just up, up, up. Steel costs. You know, just every day they're going up.\"\"It's an economy – really, it's red hot. And we weren't expecting it,\" he added.—Buffett said trading apps like Robinhoodhave contributed to the \"casino aspect\" of the stock market as of late, exploiting individuals' inclinations to gamble.“It’s become a very significant part of the casino aspect, the casino group, that has joined into the stock market in the last year, year and a half,\" Buffett said of Robinhood. \"There’s nothing, you know, there’s nothing illegal about it, there’s nothing immoral. But I don’t think you’d build a society around people doing it.\"\"I think the degree to which a very rich society can reward people who know how to take advantage, essentially, of the gambling instincts of the American public, the worldwide public – it’s not the most admirable part of the accomplishment,\" Buffett added. \"But I think what America has accomplished is pretty admirable overall. And I think actually American corporations have turned out to be a wonderful place for people to put their money and save. But they also make terrific gambling chips, and if you cater to those gambling chips when people have money in their pocket for the first time and you tell them take my 30 or 40 or 50 trades a day and you’re not charging commission ... I hope we don’t have more of it.”—Buffett explained that Berkshire's move to unload many of its bank shares last year was not due to a lack of confidence in the banking industry, but more a decision to re-balance the portfolio and avoid being too heavily tilted toward one area.\"I like banks generally, I just didn't like the proportion compared to the possible risk,\" Buffett said. \"We were over 10% of Bank of America. It's a real pain in the neck, more to the banks than us.\"Berkshire held 1,032,952,006 shares of Bank of America as of the end of 2020, after adding 85.1 million shares in the third quarter alone. This gave Berkshire Hathaway an ownership stake of 11.9%. Berkshire cut its holdings of Wells Fargo from 345.7 million shares at year-end 2019 to 52.4 million by year-end 2020, and completely exited its holdings in JPMorgan Chase (JPM) and M&T Bank Corp (MTB).\"The banking business is way better than it was in the United States 10 or 15 years ago,\" he added. \"The banking business around the world in various places might worry me, but our banks are in far, far better shape than 10 or 15 years ago.\"—A shareholder asked Jain, who leads Berkshire's insurance business, whether he would be hypothetically willing to write an insurance policy for SpaceX founder Elon Musk for his proposed colonization of Mars.\"This is an easy one. No thank you, I’ll pass,\" Jain said.“Well I would say it would depend on the premium,” Buffett interjected with a laugh. \"And I would say that I would probably have a somewhat different rate if Elon was on board or not on board. It makes a difference if someone is asking to insure something.”—Warren Buffett declined to directly offer an opinion in response to a question on bitcoin, an assethe previously likened to \"rat poison squared.\"\"I knew there’d be a question on bitcoin or crypto and I thought to myself well, I watch these politicians dodge questions all the time … The truth is, I’m going to dodge that question,\" Buffett said. \"Because the truth is, we’ve probably got hundreds of thousands of people that are watching this that own bitcoin. And we’ve probably got two people that are short. So we’ve got a choice of making 400,000 people mad at us and unhappy, and making two people happy. And it’s just a dumb equation.\"Munger, however, issued a more direct attack.\"Those who know me well are just waving the red flag at the bull. Of course I hate the bitcoin success,\" he said. \"And I don’t welcome a currency that’s so useful kidnappers and extortionists and so forth. Nor do I like shoveling out a few extra billions and billions and billions of dollars to somebody who just invented a new financial product out of thin air. So I think I should say modestly that the whole damn development is disgusting and contrary to the interest of civilization.\"—Both Buffett and Munger issued strong words of support for share repurchases, especially after Berkshire reported repurchasing an additional $6.6 billion in stock in the first three months of 2021.\"They're a way, essentially, of distributing the cash to the people that want the cash when other co-owners mostly want you to reinvest,\" Buffett said. \"It's a savings vehicle.\"\"I find it almost impossible to believe some of the arguments that are made that it's terrible to repurchase shares from a partner if they want to get out of something, and you're able to do it at prices that are advantages to the people that are staying,\" Buffett said. \"And it helps slightly the person that wants out.\"Munger offered a similar view.\"You're repurchasing stock. Just a bullet higher, it's deeply immoral,\" Munger said. \"But if you're repurchasing stock because it's a fair thing to do in the interest of your existing shareholders, it's a highly moral act and the people who are criticizing it are bonkers.\"—Low interest rates have catalyzed a surge in valuations across equities, giving those who invest in the markets an opportunity to create wealth, Munger said during the Berkshire Hathaway question and answer segment.\"I think one consequence of this present situation is, Bernie Sanders has basically won,\" Munger says. \"Because with everything boomed out so high and interest rates so low, what's going to happen is, the millennial generation is going to have a hell of a time getting rich compared to our generation ... He did it by accident, but he won.\"\"And so the difference between the difference between the rich and the poor in the generation that's rising is going to be a lot less,\" he added. \"So Bernie has won.\"—Buffett received a question around special purpose acquisition companies, or blank-check companies, which have become a hugely popular means for firms to go public over the past year.\"The SPACs generally have to spend their money in two years, as I understand it. If you have to buy a business in two years, you put a gun to my head and said you've got to buy a business in two years, I'd buy one but it wouldn't be much of one,\" Buffett.\"If you're running money from somebody else and you get a fee and you get the upside and you don't have the downside, you're going to buy something,\" he added. \"And frankly we're not competitive with that.\"\"It's an exaggerated version of what we've seen in kind of a gambling-type market,\" he added.—Buffett conceded that selling some of Apple's stock in 2020 was \"probably a mistake,\" with shares rising even further this year following the tech-led 2020 in the markets.\"The brand and the product — it's an incredible product,\" Buffett said of Apple. \"It is indispensable to people.\"\"I sold some stock last year, although our shareholders still saw their shares go up because we repurchased shares,\" he added. \"But that was probably a mistake.\"Berkshire owned 907,559,761 shares of Appleas of the end of December for a total market value of $120.4 billion. By contrast, the firm spent just $31 billion accumulating this stake since late 2016.—A shareholder directed a question to Ajit Jain and Greg Abel asking about the relationship the two likely next leaders of Berkshire Hathaway have with one another, given how iconic the relationship between Warren Buffett and Charlie Munger has been over the course of the company's history.\"There's no question the relationship Warren has with Charlie is unique,\" Jain said. \"It's not going to be duplicated, certainly not by me and Greg. I can't think of anybody that can duplicate it.\"\"I certainly have a lot of respect, both at a professional level and personal level, in terms of what Greg's abilities are,\" Jain added. \"We do not interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective decision.\"\"Even though the interaction may be different than say how Warren and Charlie do it ... we make sure we're always following up with each other but it goes beyond that,\" Abel said. \"Ajit has a great understanding of the Berkshire culture. I strongly believe I do too.\"—One shareholder asked Buffett about Berkshire's decision to invest in the oil and gas industry, and queried whether we might have \"build our own unrealistic consensus on the pace of change\" to clean energy solutions. Buffett defended the company's investment in the industry and in Chevron specifically, whichwas a relatively recent investment for the firm.\"I would say that people are on the extremes of both sides are a little nuts. I would hate to have all the hydrocarbons banned in three years,\" Buffett said. \"You wouldn't want a world — it wouldn't work. And on the other hand, what's happening will be adapted to over time just as we've adapted to all kinds of things.\"\"We have no problem owning Costco or Walmart and a substantial number of their stores. And they sell cigarettes, it's a big item,\" he added as an analogy. \"It's a very tough situation ... It's a very tough time to decide what companies benefit societies more than others.\"\"I don't like making the moral judgments on stocks in terms of actually running the businesses, but there's something about every business that you knew that you wouldn't like,\" he added. \"If you expect perfection in your spouse or in your friends or in companies you're not going to find it.\"\"Chevron is not an evil company in the least, and I have no compunction about owning it in the least, about owning Chevron,\" Buffett concluded. \"And if we owned the entire business I would not feel uncomfortable about being in that business.\"Answering a subsequent question about the Berkshire board of directors' recommendation to voteagainst reporting climate-related risks, Munger added, \"I don't know we know the answer to all these questions about global warming.\"\"The people who ask the questions think they know the answer. We're just more modest.\"—Most investors would benefit from simply purchasing an S&P 500 index fund over the long run rather than picking individual stocks, even including Berkshire Hathaway, Buffett said during the question-and-answer session Saturday.\"I recommend the S&P 500 index fund … I’ve never recommended Berkshire to anybody because I don’t want people to buy it because they think I’m tipping them into something,\" he said. \"On my death there's a fund for my then-widow and 90% will go into an S&P 500 index fund.\"\"I do not think the average person can pick stocks,\" he added. \"We happen to have a large group of people that didn't pick stocks but they picked Charlie and me to manage money for them 50, 60 years ago. So we have a very unusual group of shareholders I think who look at Berkshire as a lifetime savings vehicle and one that they don’t have to think about and one that they'll, you know, they don't look at it again for 10 to 20 years.\"Charlie Munger, on the other hand, had a different perspective.\"I personally prefer holding Berkshire to holding the market,\" he said in response to the same question. \"I’m quite comfortable holding Berkshire. I think our businesses are better than the average in the market.\"—Buffett reiterated a staunchly supportive stance of U.S. corporations and capitalism in his opening remarks, highlighting that five of the six largest companies in the world by market capitalization currently comprise domestic companies. Those five companies are Apple, Microsoft, Amazon, Alphabet and Facebook, with only Saudi Aramco of Saudi Arabia coming in as a non-U.S. mega-cap company in the top six.But only a couple hundred years ago, the U.S. looked like the underdog.\"In 1790 we had one-half of 1% of the world's population,\" Buffett said. \"600,000 of them were slaves. Ireland had more people than the United States had. Russia had five times as many people. Ukraine had twice as many people.\"\"But here we were. What did we have? We had a map for the future, an aspirational map that somehow now only 232 years later, leaves us with five of the top six companies in the world,\" he said. \"It's not an accident. And it's not because we were way smarter, way stronger or anything of the sort. We had good soil, decent climate, but so did some of the other countries I named. This system has worked very well.\"—In opening remarks at the start of Berkshire Hathaway's annual shareholder meeting, Buffett credited the U.S. economic recovery from the COVID-19 crisis toswift action by the Federal Reserve and Congress.\"The economy went off a cliff in March. It was resurrected in an extraordinarily effective way by Federal Reserve action and later on the fiscal front by Congress,\" Buffett said in opening remarks at Berkshire's annual shareholder meeting.\"He added that Berkshire Hathaway's own business has picked up tremendously alongside the broader economy, and suggested businesses like airlines were still among those most deeply affected by lingering effects from the pandemic.\"Our businesses have done really quite well. This has been a very, very, very unusual recession in that it's been localized ... to an extraordinary extent. Right now business is really very good in a great many segments of the economy,\" he added. \"But there's still problems if you're in a few types of businesses that have been decimated such as international air travel or something of the sort.\"—The CEO of See's Candies, one of the longstanding companies owned by Berkshire Hathaway, told Yahoo Finance that the companyhas seen a strong rebound at the start of 2021. However, last year, business virtually ground to a halt.\"This has been the longest decade of my life. We've been through a lot. Last year – it's a tale of a couple of different quarters. The first quarter was tremendous,\" See's Candies CEO Pat Egan said in an interview with Yahoo Finance's Julia La Roche ahead of the start of Berkshire's annual shareholder meeting. \"In the middle of March, when this [pandemic] really hit, we shut down all of our stores in a span of five days. So about 245 stores we closed in a matter of days. And then about a week and a half later, we closed our e-commerce fulfillment center down in Southern California. So for a period of time there, we essentially completely stopped.\"\"We just said, we're not going to reopen stores or reopen plants until we can create a safe operating environment for our employees,\" he added. \"That took a while, and by the time we restored over the summer we saw customers coming back in. But for that period of time, it was pretty rough.\"See's Candies just completed its \"best first quarter ever\" at the start of 2021, Egan added.—Berkshire Hathawayreported first-quarter results Saturday morning, underscoring arebound in profits across the firm's businesses amid the COVID-19 recovery. Berkshire also reported that it conducted another $6.6 billion of stock buybacks, extending its ramped-up share repurchase program from 2020.Operating income during the first three months of the year increased to $7.02 billion, rising 19.5% compared to the $5.87 billion posted in the first quarter of 2020. Net earnings attributable to Berkshire shareholders swung back to a profit of $11.71 billion, compared to a loss of $49.75 billion in the same quarter last year.Consolidated shareholders' equity rose by $4.8 billion to $448 billion by the end of March compared to the fourth quarter of 2020.If you want to watch the full live video, please click here.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572817570586604","authorId":"3572817570586604","name":"AlphaKK","avatar":"https://static.tigerbbs.com/31614816d2f82318ead2a8b020b02b0f","crmLevel":2,"crmLevelSwitch":0},"content":"Like and comment please","text":"Like and comment please","html":"Like and comment please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340683091,"gmtCreate":1617405705413,"gmtModify":1704699402257,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls like n comment","listText":"Pls like n comment","text":"Pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/340683091","repostId":"2124875875","repostType":4,"repost":{"id":"2124875875","pubTimestamp":1617366960,"share":"https://www.laohu8.com/m/news/2124875875?lang=&edition=full","pubTime":"2021-04-02 20:36","market":"us","language":"en","title":"Tesla Q1 2021 Vehicle Production & Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=2124875875","media":"StreetInsider","summary":"PALO ALTO, Calif., April 02, 2021  -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.Forward-Looking Statements Statements herein regarding the timin","content":"<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.</p>\n<table>\n <tbody>\n  <tr>\n   <td></td>\n   <td><b>Production</b></td>\n   <td><b>Deliveries</b></td>\n   <td><b>Subject to operating lease accounting</b></td>\n  </tr>\n  <tr>\n   <td>Model S/X</td>\n   <td>-</td>\n   <td>2,020</td>\n   <td>6%</td>\n  </tr>\n  <tr>\n   <td>Model 3/Y</td>\n   <td>180,338</td>\n   <td>182,780</td>\n   <td>7%</td>\n  </tr>\n  <tr>\n   <td><b>Total</b></td>\n   <td><b>180,338</b></td>\n   <td><b>184,800</b></td>\n   <td><b>7%</b></td>\n  </tr>\n </tbody>\n</table>\n<p>***************</p>\n<p>Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only <a href=\"https://laohu8.com/S/AONE\">one</a> measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.</p>\n<p><b>Forward-Looking Statements</b>&nbsp;Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.</p>\n<p><img src=\"https://static.tigerbbs.com/db04c7b378cb2db912c3ba8a5a774ee3\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/c2196de8ba412c60c22ab491af7b1409\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q1 2021 Vehicle Production & Deliveries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q1 2021 Vehicle Production & Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18215929><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18215929\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18215929","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124875875","content_text":"PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.\n\n\n\n\nProduction\nDeliveries\nSubject to operating lease accounting\n\n\nModel S/X\n-\n2,020\n6%\n\n\nModel 3/Y\n180,338\n182,780\n7%\n\n\nTotal\n180,338\n184,800\n7%\n\n\n\n***************\nOur net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.\nForward-Looking Statements Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103036103,"gmtCreate":1619738258502,"gmtModify":1704271490748,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls like n comment","listText":"Pls like n comment","text":"Pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/103036103","repostId":"1188611661","repostType":4,"repost":{"id":"1188611661","pubTimestamp":1619734487,"share":"https://www.laohu8.com/m/news/1188611661?lang=&edition=full","pubTime":"2021-04-30 06:14","market":"us","language":"en","title":"Amazon sales surge 44% as it smashes earnings expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1188611661","media":"CNBC","summary":"Amazon released first-quarter results on Thursday that trounced analysts’ expectations.\nThe company ","content":"<ul>\n <li>Amazon released first-quarter results on Thursday that trounced analysts’ expectations.</li>\n <li>The company confirmed that this year’s Prime Day will take place in June, which will likely help year over year comparisons for revenue in the second quarter.</li>\n</ul>\n<p>Amazonshares climbed more than 3.5% in extended trading Thursday after the company&nbsp;released&nbsp;its first-quarter earnings, beating Wall Street’s expectations for earnings and revenue.</p>\n<p><img src=\"https://static.tigerbbs.com/798d7f0536203d2ae33b543f4dabf204\" tg-width=\"1281\" tg-height=\"591\"></p>\n<p>Here’s how the e-commerce giant fared, relative to analyst estimates compiled by Refinitiv:</p>\n<ul>\n <li><b>Earnings:</b>$15.79 per share vs. $9.54 per share expected</li>\n <li><b>Revenue:</b>$108.52 billion vs. $104.47 billion expected</li>\n</ul>\n<p>Few companies have benefited from the pandemic-fueled surge of online shoppingas much as Amazon. Its first-quarter results showed the company’s business continues to be buoyed by the pandemic, with sales soaring 44% year-over-year to $108.5 billion.</p>\n<p>Amazon’s guidance for the second quarter implies that it expects the momentum to continue, which should help allay investor fears that business could slow in a post-pandemic environment. The company expects to post revenue between $110 billion and $116 billion, surpassing Wall Street’s projection $108.6 billion.</p>\n<p>Crucially, Amazon confirmed in its guidance that this year’s Prime Day will take place in June, which will likely help year-over-year comparisons for revenue in the second quarter. Typically, Amazon’s annual, two-day discount bonanza takes place in July, but the company postponed the event to October last year amid pandemic-related uncertainty.</p>\n<p>When asked about the Prime Day timing, CFO Brian Olsavsky said on a call with investors: “In many areas, July is vacation month, so it might be better for customers, sellers and vendors to experiment with a different time period. We believe that it might be better timing later in [the second quarter], so that’s what we’re testing this year.”</p>\n<p>Outside of its core retail segment, Amazon’s cloud-computing and advertising businesses continue to boom. Amazon Web Servicessawnet sales of $13.5 billion during the quarter, up 32% year over year. Amazon doesn’t disclose advertising sales, but it’s included in the company’s “Other” category, which saw its revenues grow 77% year over year to $6.9 billion.</p>\n<p>Amazon CEO Jeff Bezos also gave a rare glimpse into how the company’s streaming business has fared during the pandemic, as stuck-at-home consumers relied on online entertainment to keep busy. “As Prime Video turns 10, over 175 million Prime members have streamed shows and movies in the past year, and streaming hours are up more than 70% year over year,” he said.</p>\n<p>Amazon’s streaming service, Prime Video, is a key offering of the company’s Prime subscription service, which costs $119 a year and includes a range of other benefits like free, two-day shipping. Bezos disclosed earlier this month that the company now has 200 million Prime subscribers, 50 million more than it had at the start of 2020.</p>\n<p>Physical stores revenue, which includes Whole Foods Market and other brick-and-mortar offerings like Amazon Books, continued to fall. Sales slumped 16% to $3.9 billion. The category excludes online delivery, Olsavsky said.</p>\n<p>During the quarter, Amazon’s sales grew faster internationally than they did in North America. International revenue surged 60% year over year, more than any other segment, while North America revenue climbed 40%.</p>\n<p>As expected, Amazon will incur fewer costs this year related to coronavirus safety measures. Operating income is forecast to be between $4.5 billion and $8 billion in the second quarter, assuming $1.5 billion of costs related to Covid-19. That’s in line with what Amazon executives predicted last quarter.</p>\n<p>AmazonsaidWednesday it would spend more than $1 billion on raising wages for over half a million of its U.S. operations workers. On a call with reporters, Olsavsky said it decided to move up the pay increase from the fall to this spring as volumes remain just as strong as they were at the beginning of the pandemic.</p>\n<p>Olsavsky declined to comment on Amazon’s CEO transition plans, which will come into play once Bezossteps down in the third quarter. Bezos will turn the helm over to AWS CEO Andy Jassy and assume the role of executive chairman of Amazon’s board.</p>","source":"lsy1609915699154","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon sales surge 44% as it smashes earnings expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon sales surge 44% as it smashes earnings expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 06:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/29/amazon-amzn-earnings-q1-2021.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon released first-quarter results on Thursday that trounced analysts’ expectations.\nThe company confirmed that this year’s Prime Day will take place in June, which will likely help year over year ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/29/amazon-amzn-earnings-q1-2021.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.cnbc.com/2021/04/29/amazon-amzn-earnings-q1-2021.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188611661","content_text":"Amazon released first-quarter results on Thursday that trounced analysts’ expectations.\nThe company confirmed that this year’s Prime Day will take place in June, which will likely help year over year comparisons for revenue in the second quarter.\n\nAmazonshares climbed more than 3.5% in extended trading Thursday after the company released its first-quarter earnings, beating Wall Street’s expectations for earnings and revenue.\n\nHere’s how the e-commerce giant fared, relative to analyst estimates compiled by Refinitiv:\n\nEarnings:$15.79 per share vs. $9.54 per share expected\nRevenue:$108.52 billion vs. $104.47 billion expected\n\nFew companies have benefited from the pandemic-fueled surge of online shoppingas much as Amazon. Its first-quarter results showed the company’s business continues to be buoyed by the pandemic, with sales soaring 44% year-over-year to $108.5 billion.\nAmazon’s guidance for the second quarter implies that it expects the momentum to continue, which should help allay investor fears that business could slow in a post-pandemic environment. The company expects to post revenue between $110 billion and $116 billion, surpassing Wall Street’s projection $108.6 billion.\nCrucially, Amazon confirmed in its guidance that this year’s Prime Day will take place in June, which will likely help year-over-year comparisons for revenue in the second quarter. Typically, Amazon’s annual, two-day discount bonanza takes place in July, but the company postponed the event to October last year amid pandemic-related uncertainty.\nWhen asked about the Prime Day timing, CFO Brian Olsavsky said on a call with investors: “In many areas, July is vacation month, so it might be better for customers, sellers and vendors to experiment with a different time period. We believe that it might be better timing later in [the second quarter], so that’s what we’re testing this year.”\nOutside of its core retail segment, Amazon’s cloud-computing and advertising businesses continue to boom. Amazon Web Servicessawnet sales of $13.5 billion during the quarter, up 32% year over year. Amazon doesn’t disclose advertising sales, but it’s included in the company’s “Other” category, which saw its revenues grow 77% year over year to $6.9 billion.\nAmazon CEO Jeff Bezos also gave a rare glimpse into how the company’s streaming business has fared during the pandemic, as stuck-at-home consumers relied on online entertainment to keep busy. “As Prime Video turns 10, over 175 million Prime members have streamed shows and movies in the past year, and streaming hours are up more than 70% year over year,” he said.\nAmazon’s streaming service, Prime Video, is a key offering of the company’s Prime subscription service, which costs $119 a year and includes a range of other benefits like free, two-day shipping. Bezos disclosed earlier this month that the company now has 200 million Prime subscribers, 50 million more than it had at the start of 2020.\nPhysical stores revenue, which includes Whole Foods Market and other brick-and-mortar offerings like Amazon Books, continued to fall. Sales slumped 16% to $3.9 billion. The category excludes online delivery, Olsavsky said.\nDuring the quarter, Amazon’s sales grew faster internationally than they did in North America. International revenue surged 60% year over year, more than any other segment, while North America revenue climbed 40%.\nAs expected, Amazon will incur fewer costs this year related to coronavirus safety measures. Operating income is forecast to be between $4.5 billion and $8 billion in the second quarter, assuming $1.5 billion of costs related to Covid-19. That’s in line with what Amazon executives predicted last quarter.\nAmazonsaidWednesday it would spend more than $1 billion on raising wages for over half a million of its U.S. operations workers. On a call with reporters, Olsavsky said it decided to move up the pay increase from the fall to this spring as volumes remain just as strong as they were at the beginning of the pandemic.\nOlsavsky declined to comment on Amazon’s CEO transition plans, which will come into play once Bezossteps down in the third quarter. Bezos will turn the helm over to AWS CEO Andy Jassy and assume the role of executive chairman of Amazon’s board.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378114101,"gmtCreate":1619010419103,"gmtModify":1704718230431,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/378114101","repostId":"2129829074","repostType":4,"repost":{"id":"2129829074","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1618979520,"share":"https://www.laohu8.com/m/news/2129829074?lang=&edition=full","pubTime":"2021-04-21 12:32","market":"hk","language":"en","title":"UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2129829074","media":"Dow Jones","summary":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\". UiPath $$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experienc","content":"<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</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>UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-21 12:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc.","PATH":"UiPath"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129829074","content_text":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"UiPath $(PATH.UK)$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.Morgan Stanley, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.Here are five things to know about UiPath:The 'humble' company notes rapid expansionIn the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.\"We went against the rules of perfecting the business model first in one territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"one of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.CEO holds most of the cardsSince 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.The company has reined in expensesFor the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.No specific plans for the fundsIf underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"COVID-19 boosted diverse customer baseAs of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. $(ADBE)$, Applied Materials Inc. $(AMAT)$, Chevron Corp. $(CVX)$, Chipotle Mexican Grill Inc. $(CMG)$, CrowdStrike Holdings Inc. $(CRWD)$, CVS Health Corp. $(CVS)$ and Uber Technologies Inc. $(UBER)$.That's compared with the 700-or-so customers the company claimed in 2018.The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340786258,"gmtCreate":1617493695274,"gmtModify":1704699938743,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls like n comment&nbsp;","listText":"Pls like n comment&nbsp;","text":"Pls like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/340786258","repostId":"2124875875","repostType":4,"repost":{"id":"2124875875","pubTimestamp":1617366960,"share":"https://www.laohu8.com/m/news/2124875875?lang=&edition=full","pubTime":"2021-04-02 20:36","market":"us","language":"en","title":"Tesla Q1 2021 Vehicle Production & Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=2124875875","media":"StreetInsider","summary":"PALO ALTO, Calif., April 02, 2021  -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.Forward-Looking Statements Statements herein regarding the timin","content":"<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.</p>\n<table>\n <tbody>\n  <tr>\n   <td></td>\n   <td><b>Production</b></td>\n   <td><b>Deliveries</b></td>\n   <td><b>Subject to operating lease accounting</b></td>\n  </tr>\n  <tr>\n   <td>Model S/X</td>\n   <td>-</td>\n   <td>2,020</td>\n   <td>6%</td>\n  </tr>\n  <tr>\n   <td>Model 3/Y</td>\n   <td>180,338</td>\n   <td>182,780</td>\n   <td>7%</td>\n  </tr>\n  <tr>\n   <td><b>Total</b></td>\n   <td><b>180,338</b></td>\n   <td><b>184,800</b></td>\n   <td><b>7%</b></td>\n  </tr>\n </tbody>\n</table>\n<p>***************</p>\n<p>Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only <a href=\"https://laohu8.com/S/AONE\">one</a> measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.</p>\n<p><b>Forward-Looking Statements</b>&nbsp;Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.</p>\n<p><img src=\"https://static.tigerbbs.com/db04c7b378cb2db912c3ba8a5a774ee3\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/c2196de8ba412c60c22ab491af7b1409\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q1 2021 Vehicle Production & Deliveries</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Q1 2021 Vehicle Production & Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18215929><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18215929\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18215929","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2124875875","content_text":"PALO ALTO, Calif., April 02, 2021 (GLOBE NEWSWIRE) -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.\n\n\n\n\nProduction\nDeliveries\nSubject to operating lease accounting\n\n\nModel S/X\n-\n2,020\n6%\n\n\nModel 3/Y\n180,338\n182,780\n7%\n\n\nTotal\n180,338\n184,800\n7%\n\n\n\n***************\nOur net income and cash flow results will be announced along with the rest of our financial performance when we announce Q1 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles.\nForward-Looking Statements Statements herein regarding the timing and future progress of our vehicle production ramp are “forward-looking statements” based on management’s current expectations and that are subject to risks and uncertainties. Various important factors could cause actual results to differ materially, including the risks identified in our SEC filings. Tesla disclaims any obligation to update this information.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":170222763,"gmtCreate":1626437896952,"gmtModify":1703760140931,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/170222763","repostId":"1175286653","repostType":4,"repost":{"id":"1175286653","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":1626437220,"share":"https://www.laohu8.com/m/news/1175286653?lang=&edition=full","pubTime":"2021-07-16 20:07","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1175286653","media":"Tiger Newspress","summary":"U.S. stock index futures edged higher on Friday, with investors piling on economically sensitive ene","content":"<p>U.S. stock index futures edged higher on Friday, with investors piling on economically sensitive energy, banks and travel stocks ahead of key retail sales data that would shed light on the strength of the economic recovery.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 35 points, or 0.10%, S&amp;P 500 E-minis were up 6 points, or 0.14% and Nasdaq 100 E-minis were up 25.5 points, or 0.17%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d8c94dfebffda72664343c6eec4cbdd\" tg-width=\"983\" tg-height=\"345\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The Commerce Department’s report, due at 8:30 a.m. ET, is expected to show U.S. retail sales rose marginally in June after dropping 1.3% in May.</p>\n<p>Markets have largely cheered a steady recovery in the labor market this year, but concerns about higher inflation due to a faster-than-expected rebound has hurt sentiment, with investors oscillating between “value” and tech-heavy “growth” names in the past few sessions.</p>\n<p>Rate-sensitive lenders Citigroup Inc, JPMorgan Chase &amp; Co, Goldman Sachs Group Inc, Morgan Stanley and Bank of America Corp rose between 0.2% and 0.3%, tracking a rise in benchmark 10-year Treasury yield.</p>\n<p>Oil stocks Chevron Corp, Diamondback Energy Inc, Exxon Mobil Corp, Halliburton Co, Schlumberger NV and Occidental Petroleum Corp gained between 0.7% and 0.9%.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a>– The drug maker's shares surged 7.3% in the premarket on news that the stock would be included in the S&amp;P 500 as of July 21st. It will replaceAlexion Pharmaceuticals, which is being acquired byAstraZeneca(AZN).</p>\n<p><a href=\"https://laohu8.com/S/DIDI\">DiDi Global Inc.</a> – Shares of the China-based ride-hailing company slid 5.5% in premarket action after Didi was the subject of an onsite cybersecurity review from officials of at least 7 different government departments.</p>\n<p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a>,<a href=\"https://laohu8.com/S/GME\">GameStop</a>– So-called \"meme stocks\" continued their wide swings in the premarket, with AMC up 4.6% and GameStop jumping 3.9%. The movie theater operator's stock rose for just the second time in ten sessions Thursday, while the videogame retailer is riding a five-session losing streak and its stock has been down in nine of the past ten trading days.</p>\n<p><a href=\"https://laohu8.com/S/CCL\">Carnival</a><a href=\"https://laohu8.com/S/RCL\">Royal Caribbean Cruises</a> ,<a href=\"https://laohu8.com/S/NCLH\">Norwegian Cruise Line</a> – Cruise stocks rose in the premarket after Canada said it would allow large cruise ships to resume visiting the country in November. Carnival added 1.2%, Royal Caribbean gained 1.1% and Norwegian was up 1.7%.</p>\n<p><a href=\"https://laohu8.com/S/INTC\">Intel</a> – Intel is exploring a deal to buy fellow semiconductor maker GlobalFoundries, according to people familiar with the matter who spoke to the Wall Street Journal. Such a transaction could potentially value GlobalFoundries at about $30 billion, although there is no guarantee a deal will be finalized. Intel rose 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – Shares of the live-sports video streaming company surged 4.7% in the premarket after its Fubo Gaming subsidiary struck a market access agreement with casino operator Cordish Companies for its planned mobile Fubo Sportsbook in Pennsylvania.</p>\n<p><a href=\"https://laohu8.com/S/TAP\">Molson Coors</a> – The beer brewer announced it would resume paying quarterly dividends, with a planned payout of 34 cents per share payable on September 17 to shareholders of record as of August 30. <a href=\"https://laohu8.com/S/TAP.A\">Molson Coors</a> had suspended its dividend last May as it dealt with the financial impact of the pandemic.</p>\n<p><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> – The electric truck maker said it is under investigation by federal prosecutors in <a href=\"https://laohu8.com/S/NWY\">New York</a>, who are looking into Lordstown's vehicle pre-orders as well as its merger with special purpose acquisition company DiamondPeak Holdings last October. Lordstown lost 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/TXT\">Textron</a>– The stock was added to the \"Conviction Buy\" list at <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>, which points to a strengthening market for business jets and consensus estimates that it feels are too low.</p>\n<p><a href=\"https://laohu8.com/S/HNST\">The Honest Company, Inc.</a> – Shares of Honest Company rose 2.4% in the premarket after the maker of personal care products was upgraded to \"buy\" from \"hold\" at Loop Capital Markets. Loop said shares are now at an attractive level after a recent pullback.</p>\n<p><a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> – The live entertainment producer was rated \"buy\" in new coverage at Goldman Sachs, which said Live Nation is poised to benefit from an expected surge in concert activity. Live Nation added 2.6% in premarket trading.</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>Toplines Before US Market Open on Friday</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\">\nToplines Before US Market Open on Friday\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\">2021-07-16 20:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures edged higher on Friday, with investors piling on economically sensitive energy, banks and travel stocks ahead of key retail sales data that would shed light on the strength of the economic recovery.</p>\n<p>At 8:05 a.m. ET, Dow E-minis were up 35 points, or 0.10%, S&amp;P 500 E-minis were up 6 points, or 0.14% and Nasdaq 100 E-minis were up 25.5 points, or 0.17%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d8c94dfebffda72664343c6eec4cbdd\" tg-width=\"983\" tg-height=\"345\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>The Commerce Department’s report, due at 8:30 a.m. ET, is expected to show U.S. retail sales rose marginally in June after dropping 1.3% in May.</p>\n<p>Markets have largely cheered a steady recovery in the labor market this year, but concerns about higher inflation due to a faster-than-expected rebound has hurt sentiment, with investors oscillating between “value” and tech-heavy “growth” names in the past few sessions.</p>\n<p>Rate-sensitive lenders Citigroup Inc, JPMorgan Chase &amp; Co, Goldman Sachs Group Inc, Morgan Stanley and Bank of America Corp rose between 0.2% and 0.3%, tracking a rise in benchmark 10-year Treasury yield.</p>\n<p>Oil stocks Chevron Corp, Diamondback Energy Inc, Exxon Mobil Corp, Halliburton Co, Schlumberger NV and Occidental Petroleum Corp gained between 0.7% and 0.9%.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a>– The drug maker's shares surged 7.3% in the premarket on news that the stock would be included in the S&amp;P 500 as of July 21st. It will replaceAlexion Pharmaceuticals, which is being acquired byAstraZeneca(AZN).</p>\n<p><a href=\"https://laohu8.com/S/DIDI\">DiDi Global Inc.</a> – Shares of the China-based ride-hailing company slid 5.5% in premarket action after Didi was the subject of an onsite cybersecurity review from officials of at least 7 different government departments.</p>\n<p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment</a>,<a href=\"https://laohu8.com/S/GME\">GameStop</a>– So-called \"meme stocks\" continued their wide swings in the premarket, with AMC up 4.6% and GameStop jumping 3.9%. The movie theater operator's stock rose for just the second time in ten sessions Thursday, while the videogame retailer is riding a five-session losing streak and its stock has been down in nine of the past ten trading days.</p>\n<p><a href=\"https://laohu8.com/S/CCL\">Carnival</a><a href=\"https://laohu8.com/S/RCL\">Royal Caribbean Cruises</a> ,<a href=\"https://laohu8.com/S/NCLH\">Norwegian Cruise Line</a> – Cruise stocks rose in the premarket after Canada said it would allow large cruise ships to resume visiting the country in November. Carnival added 1.2%, Royal Caribbean gained 1.1% and Norwegian was up 1.7%.</p>\n<p><a href=\"https://laohu8.com/S/INTC\">Intel</a> – Intel is exploring a deal to buy fellow semiconductor maker GlobalFoundries, according to people familiar with the matter who spoke to the Wall Street Journal. Such a transaction could potentially value GlobalFoundries at about $30 billion, although there is no guarantee a deal will be finalized. Intel rose 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/FUBO\">fuboTV Inc.</a> – Shares of the live-sports video streaming company surged 4.7% in the premarket after its Fubo Gaming subsidiary struck a market access agreement with casino operator Cordish Companies for its planned mobile Fubo Sportsbook in Pennsylvania.</p>\n<p><a href=\"https://laohu8.com/S/TAP\">Molson Coors</a> – The beer brewer announced it would resume paying quarterly dividends, with a planned payout of 34 cents per share payable on September 17 to shareholders of record as of August 30. <a href=\"https://laohu8.com/S/TAP.A\">Molson Coors</a> had suspended its dividend last May as it dealt with the financial impact of the pandemic.</p>\n<p><a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> – The electric truck maker said it is under investigation by federal prosecutors in <a href=\"https://laohu8.com/S/NWY\">New York</a>, who are looking into Lordstown's vehicle pre-orders as well as its merger with special purpose acquisition company DiamondPeak Holdings last October. Lordstown lost 1% in premarket trading.</p>\n<p><a href=\"https://laohu8.com/S/TXT\">Textron</a>– The stock was added to the \"Conviction Buy\" list at <a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a>, which points to a strengthening market for business jets and consensus estimates that it feels are too low.</p>\n<p><a href=\"https://laohu8.com/S/HNST\">The Honest Company, Inc.</a> – Shares of Honest Company rose 2.4% in the premarket after the maker of personal care products was upgraded to \"buy\" from \"hold\" at Loop Capital Markets. Loop said shares are now at an attractive level after a recent pullback.</p>\n<p><a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> – The live entertainment producer was rated \"buy\" in new coverage at Goldman Sachs, which said Live Nation is poised to benefit from an expected surge in concert activity. Live Nation added 2.6% in premarket trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175286653","content_text":"U.S. stock index futures edged higher on Friday, with investors piling on economically sensitive energy, banks and travel stocks ahead of key retail sales data that would shed light on the strength of the economic recovery.\nAt 8:05 a.m. ET, Dow E-minis were up 35 points, or 0.10%, S&P 500 E-minis were up 6 points, or 0.14% and Nasdaq 100 E-minis were up 25.5 points, or 0.17%.\n*Source From Tiger Trade, EST 08:05\nThe Commerce Department’s report, due at 8:30 a.m. ET, is expected to show U.S. retail sales rose marginally in June after dropping 1.3% in May.\nMarkets have largely cheered a steady recovery in the labor market this year, but concerns about higher inflation due to a faster-than-expected rebound has hurt sentiment, with investors oscillating between “value” and tech-heavy “growth” names in the past few sessions.\nRate-sensitive lenders Citigroup Inc, JPMorgan Chase & Co, Goldman Sachs Group Inc, Morgan Stanley and Bank of America Corp rose between 0.2% and 0.3%, tracking a rise in benchmark 10-year Treasury yield.\nOil stocks Chevron Corp, Diamondback Energy Inc, Exxon Mobil Corp, Halliburton Co, Schlumberger NV and Occidental Petroleum Corp gained between 0.7% and 0.9%.\nStocks making the biggest moves in the premarket:\nModerna, Inc.– The drug maker's shares surged 7.3% in the premarket on news that the stock would be included in the S&P 500 as of July 21st. It will replaceAlexion Pharmaceuticals, which is being acquired byAstraZeneca(AZN).\nDiDi Global Inc. – Shares of the China-based ride-hailing company slid 5.5% in premarket action after Didi was the subject of an onsite cybersecurity review from officials of at least 7 different government departments.\nAMC Entertainment,GameStop– So-called \"meme stocks\" continued their wide swings in the premarket, with AMC up 4.6% and GameStop jumping 3.9%. The movie theater operator's stock rose for just the second time in ten sessions Thursday, while the videogame retailer is riding a five-session losing streak and its stock has been down in nine of the past ten trading days.\nCarnivalRoyal Caribbean Cruises ,Norwegian Cruise Line – Cruise stocks rose in the premarket after Canada said it would allow large cruise ships to resume visiting the country in November. Carnival added 1.2%, Royal Caribbean gained 1.1% and Norwegian was up 1.7%.\nIntel – Intel is exploring a deal to buy fellow semiconductor maker GlobalFoundries, according to people familiar with the matter who spoke to the Wall Street Journal. Such a transaction could potentially value GlobalFoundries at about $30 billion, although there is no guarantee a deal will be finalized. Intel rose 1% in premarket trading.\nfuboTV Inc. – Shares of the live-sports video streaming company surged 4.7% in the premarket after its Fubo Gaming subsidiary struck a market access agreement with casino operator Cordish Companies for its planned mobile Fubo Sportsbook in Pennsylvania.\nMolson Coors – The beer brewer announced it would resume paying quarterly dividends, with a planned payout of 34 cents per share payable on September 17 to shareholders of record as of August 30. Molson Coors had suspended its dividend last May as it dealt with the financial impact of the pandemic.\nLordstown Motors Corp. – The electric truck maker said it is under investigation by federal prosecutors in New York, who are looking into Lordstown's vehicle pre-orders as well as its merger with special purpose acquisition company DiamondPeak Holdings last October. Lordstown lost 1% in premarket trading.\nTextron– The stock was added to the \"Conviction Buy\" list at Goldman Sachs, which points to a strengthening market for business jets and consensus estimates that it feels are too low.\nThe Honest Company, Inc. – Shares of Honest Company rose 2.4% in the premarket after the maker of personal care products was upgraded to \"buy\" from \"hold\" at Loop Capital Markets. Loop said shares are now at an attractive level after a recent pullback.\nLive Nation Entertainment – The live entertainment producer was rated \"buy\" in new coverage at Goldman Sachs, which said Live Nation is poised to benefit from an expected surge in concert activity. Live Nation added 2.6% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189595892,"gmtCreate":1623281050616,"gmtModify":1704199822299,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls comment&nbsp;","listText":"Pls comment&nbsp;","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/189595892","repostId":"1142408805","repostType":4,"repost":{"id":"1142408805","pubTimestamp":1623280126,"share":"https://www.laohu8.com/m/news/1142408805?lang=&edition=full","pubTime":"2021-06-10 07:08","market":"us","language":"en","title":"U.S. stocks end lower ahead of inflation report","url":"https://stock-news.laohu8.com/highlight/detail?id=1142408805","media":"reuters","summary":"NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants a","content":"<p>NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.</p>\n<p>The retail “meme stock” craze continued unabated.</p>\n<p>All three major U.S. stock indexes reversed earlier gains, but remained range-bound in the absence of any clear market catalysts.</p>\n<p>“There’s a lull period in terms of news,” said Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana. “We’re through earnings period and people are waiting for inflation numbers tomorrow, so you have a mixed market where the major averages aren’t doing much of anything.”</p>\n<p>Heavily shorted meme stocks extended their social media-driven rally, with Aethlon Medical soaring 388.2%.</p>\n<p>Reddit chatter also helped to lift shares of prison operator GEO Group and World Wrestling Entertainment 38.4% and 10.9%, respectively.</p>\n<p>However, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath &amp; Beyond closed lower.</p>\n<p>Retail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp, the stock that kicked off the phenomenon.</p>\n<p>“It feels like alternative stock market,” Carlson added. It’s an indication of speculation. You can be successful if you get in at the right moment but it’s very difficult to play successfully over time.”</p>\n<p>“I don’t think you should read too much regarding the broader market.”</p>\n<p>GameStop named Matt Furlong as its new CEO ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.</p>\n<p>U.S. President Joe Biden changed course in ongoing negotiations to reach a bipartisan agreement on infrastructure spending after one-on-one talks with Senator Shelley Capito broke down.</p>\n<p>Industrial stocks, which stand to benefit from an infrastructure deal, slid by 1%.</p>\n<p>Washington lawmakers passed a sweeping bill designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.</p>\n<p>Even so, the Philadelphia SE Semiconductor index slipped 0.4%.</p>\n<p>The Labor Department’s consumer price index report due out Thursday will provide another take on inflation amid the recovery’s demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.</p>\n<p>The Dow Jones Industrial Average fell 152.68 points, or 0.44%, to 34,447.14; the S&amp;P 500 lost 7.71 points, or 0.18%, at 4,219.55; and the Nasdaq Composite dropped 13.16 points, or 0.09%, to 13,911.75.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare gained the most.</p>\n<p>Benchmark Treasury yields dropped below 1.5% for the first time since May, weighing on interest-sensitive financials.</p>\n<p>Campbell Soup Co missed quarterly profit expectations and slashed its full-year earnings forecast, sending its shares down 6.5%.</p>\n<p>Drugmaker Merck &amp; Co rose 2.3% on the heels of its announcement the U.S. government had agreed to buy about 1.7 million courses of the company’s experimental COVID-19 treatment, molnupiravir, for about $1.2 billion, if the drug meets regulatory approval.</p>\n<p>Declining issues outnumbered advancers on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 38 new 52-week highs and two new lows; the Nasdaq Composite recorded 126 new highs and 14 new lows.</p>\n<p>Volume on U.S. exchanges was 11.53 billion shares, compared with the 10.74 billion average over the last 20 trading days.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks end lower ahead of inflation report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks end lower ahead of inflation report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-end-lower-ahead-of-inflation-report-idUSL2N2NR2UG><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-end-lower-ahead-of-inflation-report-idUSL2N2NR2UG\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","AEMD":"Aethlon Medical Inc"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-u-s-stocks-end-lower-ahead-of-inflation-report-idUSL2N2NR2UG","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142408805","content_text":"NEW YORK (Reuters) - Wall Street ended a see-saw session lower on Wednesday as market participants awaited inflation data for clues as to when the U.S. Federal Reserve might tighten its dovish monetary policy.\nThe retail “meme stock” craze continued unabated.\nAll three major U.S. stock indexes reversed earlier gains, but remained range-bound in the absence of any clear market catalysts.\n“There’s a lull period in terms of news,” said Chuck Carlson, chief executive at Horizon Investment Services in Hammond, Indiana. “We’re through earnings period and people are waiting for inflation numbers tomorrow, so you have a mixed market where the major averages aren’t doing much of anything.”\nHeavily shorted meme stocks extended their social media-driven rally, with Aethlon Medical soaring 388.2%.\nReddit chatter also helped to lift shares of prison operator GEO Group and World Wrestling Entertainment 38.4% and 10.9%, respectively.\nHowever, other meme stocks such as Clover Health, AMC Entertainment and Bed Bath & Beyond closed lower.\nRetail volume has returned to its January peak, according to Vanda Research, as social media forums scramble to identify the next GameStop Corp, the stock that kicked off the phenomenon.\n“It feels like alternative stock market,” Carlson added. It’s an indication of speculation. You can be successful if you get in at the right moment but it’s very difficult to play successfully over time.”\n“I don’t think you should read too much regarding the broader market.”\nGameStop named Matt Furlong as its new CEO ahead of its earnings report, which showed a quarterly loss of $1.01 per share. Its shares fell over 4% in after-hours trading.\nU.S. President Joe Biden changed course in ongoing negotiations to reach a bipartisan agreement on infrastructure spending after one-on-one talks with Senator Shelley Capito broke down.\nIndustrial stocks, which stand to benefit from an infrastructure deal, slid by 1%.\nWashington lawmakers passed a sweeping bill designed to boost the United States’ ability to compete against Chinese technology, providing funds for research and semiconductor production amid an ongoing chip supply drought. The bill now heads to the House of Representatives.\nEven so, the Philadelphia SE Semiconductor index slipped 0.4%.\nThe Labor Department’s consumer price index report due out Thursday will provide another take on inflation amid the recovery’s demand/supply imbalance as investors determine whether inflationary pressures, as the Fed asserts, will be transitory.\nThe Dow Jones Industrial Average fell 152.68 points, or 0.44%, to 34,447.14; the S&P 500 lost 7.71 points, or 0.18%, at 4,219.55; and the Nasdaq Composite dropped 13.16 points, or 0.09%, to 13,911.75.\nAmong the 11 major sectors in the S&P 500, healthcare gained the most.\nBenchmark Treasury yields dropped below 1.5% for the first time since May, weighing on interest-sensitive financials.\nCampbell Soup Co missed quarterly profit expectations and slashed its full-year earnings forecast, sending its shares down 6.5%.\nDrugmaker Merck & Co rose 2.3% on the heels of its announcement the U.S. government had agreed to buy about 1.7 million courses of the company’s experimental COVID-19 treatment, molnupiravir, for about $1.2 billion, if the drug meets regulatory approval.\nDeclining issues outnumbered advancers on the NYSE by a 1.12-to-1 ratio; on Nasdaq, a 1.13-to-1 ratio favored decliners.\nThe S&P 500 posted 38 new 52-week highs and two new lows; the Nasdaq Composite recorded 126 new highs and 14 new lows.\nVolume on U.S. exchanges was 11.53 billion shares, compared with the 10.74 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3562323688755157","authorId":"3562323688755157","name":"employeesim","avatar":"https://static.tigerbbs.com/29a14f10c44ee22b7eb31fad674efc54","crmLevel":2,"crmLevelSwitch":0},"content":"done, pls help","text":"done, pls help","html":"done, pls help"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":112747075,"gmtCreate":1622937462397,"gmtModify":1704193338169,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls comment","listText":"Pls comment","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/112747075","repostId":"1106312903","repostType":4,"repost":{"id":"1106312903","pubTimestamp":1622855773,"share":"https://www.laohu8.com/m/news/1106312903?lang=&edition=full","pubTime":"2021-06-05 09:16","market":"us","language":"en","title":"U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1106312903","media":"Renaissance Capital","summary":"Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental h","content":"<p><b>Summary</b></p>\n<ul>\n <li>Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</li>\n <li>Payments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.</li>\n <li>Chinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.</li>\n</ul>\n<p>Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</p>\n<p>Payments platform&nbsp;<b>Marqeta</b>(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.</p>\n<p>Chinese online recruitment platform&nbsp;<b>Kanzhun</b>(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.</p>\n<p>Mental health services provider&nbsp;<b>LifeStance Health</b>(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.</p>\n<p>Israel’s&nbsp;<b>monday.com</b>(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.</p>\n<p>BPO vendor&nbsp;<b>TaskUs</b>(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.</p>\n<p>Data-driven marketing platform&nbsp;<b>Zeta Global</b>(ZETA) plans to raise $250 million at a $2.1 billion market cap. The company’s Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.</p>\n<p>Online luxury goods marketplace&nbsp;<b>1stDibs</b>(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.</p>\n<p>Chinese online tutoring platform&nbsp;<b>Zhangmen Education</b>(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/d771f02e44d9d489ff772f1577280332\" tg-width=\"945\" tg-height=\"666\"></p>\n<p>Street research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.</p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&amp;P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi and EQT Partners.</p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta plans to raise $1.0 billion at a $12.4 billion ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","DIBS":"1stdibs.com Inc.","ZME":"掌门教育","MNDY":"Monday.com Ltd.","LFST":"LifeStance Health Group, Inc.","BZ":"BOSS直聘","MQ":"Marqeta, Inc.",".DJI":"道琼斯","ZETA":"Zeta Global Holdings Corp.",".IXIC":"NASDAQ Composite","TASK":"TaskUs Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106312903","content_text":"Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.\nChinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.\nChinese online recruitment platform Kanzhun(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.\nMental health services provider LifeStance Health(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.\nIsrael’s monday.com(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.\nBPO vendor TaskUs(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.\nData-driven marketing platform Zeta Global(ZETA) plans to raise $250 million at a $2.1 billion market cap. The company’s Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.\nOnline luxury goods marketplace 1stDibs(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.\nChinese online tutoring platform Zhangmen Education(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.\n\nStreet research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi and EQT Partners.","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3572491001882551","authorId":"3572491001882551","name":"PKLim","avatar":"https://static.tigerbbs.com/fd59d359589b55bc6c2e8e1c92a14009","crmLevel":4,"crmLevelSwitch":1},"content":"yeah please reply","text":"yeah please reply","html":"yeah please reply"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194790780,"gmtCreate":1621398475840,"gmtModify":1704356988311,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls comment","listText":"Pls comment","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/194790780","repostId":"2136738931","repostType":4,"repost":{"id":"2136738931","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":1621318800,"share":"https://www.laohu8.com/m/news/2136738931?lang=&edition=full","pubTime":"2021-05-18 14:20","market":"hk","language":"en","title":"JD Logistics launches Hong Kong IPO to raise up to US$3.4 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2136738931","media":"Tiger Newspress","summary":"The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering  to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion  if the deal is priced at the top end.JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.JD Logistics' offering is expected to be the second multibilli","content":"<p>The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion (US$3.4 billion) if the deal is priced at the top end.<a href=\"https://www.itiger.com/mi/ipo?feature=Push\" target=\"_blank\"><b>（Click here To apply for the JD Logistics Shares）</b></a><b></b></p><p>JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.</p><p>JD Logistics plans to sell 609.2 million shares, representing 10 per cent of its enlarged share capital. There is an over-allotment option to sell up to 91.4 million more shares if there is a strong demand.</p><p><img src=\"https://static.tigerbbs.com/cd9320033ea7302952fa2cb6ece8339a\" tg-width=\"958\" tg-height=\"464\"></p><p>Your application must be for a minimum of 100 Hong Kong Offer Shares and in one of the numbers set out in the table. You are required to pay the amount next to the number you select.</p><p><img src=\"https://static.tigerbbs.com/b1f72efeb4b54a02dbfe728ebb1099dd\" tg-width=\"958\" tg-height=\"437\"></p><p>JD Logistics' offering is expected to be the second multibillion-dollar IPO on the Hong Kong bourse this year, after Tencent-backed short video platform Kuaishou Technology raised US$6.2 billion in January. The Kuaishou offering was the biggest IPO globally so far this year.</p><p>Eight cornerstone investors have committed to buy a total of US$1.5 billion worth of JD Logistics shares, which would account for about 39 per cent of its global offering if the deal is priced at the top end.</p><p>The investors include Softbank, Singapore sovereign wealth fund Temasek Holdings, China Structural Reform Fund and asset managers such as Blackstone, Tiger Global Management and others.</p><p>BofA Securities, Goldman Sachs and Haitong International are acting as joint sponsors on the transaction, while UBS is serving as a financial adviser.</p><p>Assuming the deal is priced at the top end, JD Logistics' market capitalisation would be HK$264.1 billion, valuing it higher than ZTO Express.</p><p>Shanghai-based ZTO, which counts Alibaba Group Holding as one of its shareholders, had a market capitalisation of HK$180.7 billion when it listed in Hong Kong through a secondary listing last September. Alibaba owns the South China Morning Post.</p><p>Investors will be keen to learn more about JD Logistics' plan to churn out a profit. The Beijing-based firm said in its prospectus that it expects a bigger net loss for this year, after racking up losses of 2.8 billion yuan (US$435 million) in 2018, 2.2 billion yuan in 2019 and 4 billion yuan in 2020.</p><p>\"As we currently prioritise growth of our business and expansion of our market share over profitability, there can be significant fluctuations in our profitability profile in the near-to-medium term,\" the company said in its draft prospectus.</p><p>JD Logistics is seeking to differentiate itself from other players, such as ZTO and Yunda Holding, by touting itself as a technology-driven logistic services provider using autonomous mobile robots, sorting robots and self-driving vehicles to enhance delivery speed and accuracy.</p><p>Pitching the stock sale with a tech angle could help JD Logistics paint a more positive outlook. This is because competition is particularly keen in the express delivery sector, with reports of some newer players offering services at below cost to grab business.</p><p>Over the past three years, the average revenue per parcel for express delivery companies declined by 50 per cent to 60 per cent owing to intensive market competition, according to Charlie Chen, an analyst at China Renaissance.</p><p>SF Express, China's top delivery service provider, shocked the market this month after it forecast a first-quarter loss of 1.1 billion yuan, triggering a sell-off of its stock. As of Friday's close, its share price in Shanghai was almost halved from its mid-February peak.</p><p>Five players - ZTO, YTO Express, STO Express, SF Express and Yunda Holding - account for nearly 80 per cent of China's express delivery service market.</p><p>China is the biggest logistics market in the world in terms of spending, with total logistics spending reaching 14.9 trillion yuan in 2020. That is expected to increase to 19.3 trillion yuan by 2025, according to data from research firm China Insights Consultancy cited in JD Logistics' prospectus.</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>JD Logistics launches Hong Kong IPO to raise up to US$3.4 billion</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\">\nJD Logistics launches Hong Kong IPO to raise up to US$3.4 billion\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\">2021-05-18 14:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion (US$3.4 billion) if the deal is priced at the top end.<a href=\"https://www.itiger.com/mi/ipo?feature=Push\" target=\"_blank\"><b>（Click here To apply for the JD Logistics Shares）</b></a><b></b></p><p>JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.</p><p>JD Logistics plans to sell 609.2 million shares, representing 10 per cent of its enlarged share capital. There is an over-allotment option to sell up to 91.4 million more shares if there is a strong demand.</p><p><img src=\"https://static.tigerbbs.com/cd9320033ea7302952fa2cb6ece8339a\" tg-width=\"958\" tg-height=\"464\"></p><p>Your application must be for a minimum of 100 Hong Kong Offer Shares and in one of the numbers set out in the table. You are required to pay the amount next to the number you select.</p><p><img src=\"https://static.tigerbbs.com/b1f72efeb4b54a02dbfe728ebb1099dd\" tg-width=\"958\" tg-height=\"437\"></p><p>JD Logistics' offering is expected to be the second multibillion-dollar IPO on the Hong Kong bourse this year, after Tencent-backed short video platform Kuaishou Technology raised US$6.2 billion in January. The Kuaishou offering was the biggest IPO globally so far this year.</p><p>Eight cornerstone investors have committed to buy a total of US$1.5 billion worth of JD Logistics shares, which would account for about 39 per cent of its global offering if the deal is priced at the top end.</p><p>The investors include Softbank, Singapore sovereign wealth fund Temasek Holdings, China Structural Reform Fund and asset managers such as Blackstone, Tiger Global Management and others.</p><p>BofA Securities, Goldman Sachs and Haitong International are acting as joint sponsors on the transaction, while UBS is serving as a financial adviser.</p><p>Assuming the deal is priced at the top end, JD Logistics' market capitalisation would be HK$264.1 billion, valuing it higher than ZTO Express.</p><p>Shanghai-based ZTO, which counts Alibaba Group Holding as one of its shareholders, had a market capitalisation of HK$180.7 billion when it listed in Hong Kong through a secondary listing last September. Alibaba owns the South China Morning Post.</p><p>Investors will be keen to learn more about JD Logistics' plan to churn out a profit. The Beijing-based firm said in its prospectus that it expects a bigger net loss for this year, after racking up losses of 2.8 billion yuan (US$435 million) in 2018, 2.2 billion yuan in 2019 and 4 billion yuan in 2020.</p><p>\"As we currently prioritise growth of our business and expansion of our market share over profitability, there can be significant fluctuations in our profitability profile in the near-to-medium term,\" the company said in its draft prospectus.</p><p>JD Logistics is seeking to differentiate itself from other players, such as ZTO and Yunda Holding, by touting itself as a technology-driven logistic services provider using autonomous mobile robots, sorting robots and self-driving vehicles to enhance delivery speed and accuracy.</p><p>Pitching the stock sale with a tech angle could help JD Logistics paint a more positive outlook. This is because competition is particularly keen in the express delivery sector, with reports of some newer players offering services at below cost to grab business.</p><p>Over the past three years, the average revenue per parcel for express delivery companies declined by 50 per cent to 60 per cent owing to intensive market competition, according to Charlie Chen, an analyst at China Renaissance.</p><p>SF Express, China's top delivery service provider, shocked the market this month after it forecast a first-quarter loss of 1.1 billion yuan, triggering a sell-off of its stock. As of Friday's close, its share price in Shanghai was almost halved from its mid-February peak.</p><p>Five players - ZTO, YTO Express, STO Express, SF Express and Yunda Holding - account for nearly 80 per cent of China's express delivery service market.</p><p>China is the biggest logistics market in the world in terms of spending, with total logistics spending reaching 14.9 trillion yuan in 2020. That is expected to increase to 19.3 trillion yuan by 2025, according to data from research firm China Insights Consultancy cited in JD Logistics' prospectus.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02618":"京东物流"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136738931","content_text":"The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion (US$3.4 billion) if the deal is priced at the top end.（Click here To apply for the JD Logistics Shares）JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.JD Logistics plans to sell 609.2 million shares, representing 10 per cent of its enlarged share capital. There is an over-allotment option to sell up to 91.4 million more shares if there is a strong demand.Your application must be for a minimum of 100 Hong Kong Offer Shares and in one of the numbers set out in the table. You are required to pay the amount next to the number you select.JD Logistics' offering is expected to be the second multibillion-dollar IPO on the Hong Kong bourse this year, after Tencent-backed short video platform Kuaishou Technology raised US$6.2 billion in January. The Kuaishou offering was the biggest IPO globally so far this year.Eight cornerstone investors have committed to buy a total of US$1.5 billion worth of JD Logistics shares, which would account for about 39 per cent of its global offering if the deal is priced at the top end.The investors include Softbank, Singapore sovereign wealth fund Temasek Holdings, China Structural Reform Fund and asset managers such as Blackstone, Tiger Global Management and others.BofA Securities, Goldman Sachs and Haitong International are acting as joint sponsors on the transaction, while UBS is serving as a financial adviser.Assuming the deal is priced at the top end, JD Logistics' market capitalisation would be HK$264.1 billion, valuing it higher than ZTO Express.Shanghai-based ZTO, which counts Alibaba Group Holding as one of its shareholders, had a market capitalisation of HK$180.7 billion when it listed in Hong Kong through a secondary listing last September. Alibaba owns the South China Morning Post.Investors will be keen to learn more about JD Logistics' plan to churn out a profit. The Beijing-based firm said in its prospectus that it expects a bigger net loss for this year, after racking up losses of 2.8 billion yuan (US$435 million) in 2018, 2.2 billion yuan in 2019 and 4 billion yuan in 2020.\"As we currently prioritise growth of our business and expansion of our market share over profitability, there can be significant fluctuations in our profitability profile in the near-to-medium term,\" the company said in its draft prospectus.JD Logistics is seeking to differentiate itself from other players, such as ZTO and Yunda Holding, by touting itself as a technology-driven logistic services provider using autonomous mobile robots, sorting robots and self-driving vehicles to enhance delivery speed and accuracy.Pitching the stock sale with a tech angle could help JD Logistics paint a more positive outlook. This is because competition is particularly keen in the express delivery sector, with reports of some newer players offering services at below cost to grab business.Over the past three years, the average revenue per parcel for express delivery companies declined by 50 per cent to 60 per cent owing to intensive market competition, according to Charlie Chen, an analyst at China Renaissance.SF Express, China's top delivery service provider, shocked the market this month after it forecast a first-quarter loss of 1.1 billion yuan, triggering a sell-off of its stock. As of Friday's close, its share price in Shanghai was almost halved from its mid-February peak.Five players - ZTO, YTO Express, STO Express, SF Express and Yunda Holding - account for nearly 80 per cent of China's express delivery service market.China is the biggest logistics market in the world in terms of spending, with total logistics spending reaching 14.9 trillion yuan in 2020. That is expected to increase to 19.3 trillion yuan by 2025, according to data from research firm China Insights Consultancy cited in JD Logistics' prospectus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192628496,"gmtCreate":1621207787415,"gmtModify":1704353804699,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls comment","listText":"Pls comment","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/192628496","repostId":"2136982535","repostType":4,"repost":{"id":"2136982535","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1621206480,"share":"https://www.laohu8.com/m/news/2136982535?lang=&edition=full","pubTime":"2021-05-17 07:08","market":"us","language":"en","title":"Bill Gates reportedly asked out colleagues while married","url":"https://stock-news.laohu8.com/highlight/detail?id=2136982535","media":"Dow Jones","summary":"Two women describe uncomfortable situations to New York TimesBill Gates \"pursued\" several women in h","content":"<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> women describe uncomfortable situations to New York Times</p><p>Bill Gates \"pursued\" several women in his office long after he wed now-estranged wife Melinda in 1994 -- but it was the exposure of his ties to pedophile Jeffrey Epstein that really shook their marriage, according to a report on Sunday.</p><p>The New York Times detailed  two instances where the billionaire tech mogul clumsily asked out women who worked for him at Microsoft and the Bill and Melinda Gates Foundation.</p><p>The two incidents and other more recent ones at times created an uncomfortable workplace environment, with Gates' personal life becoming gossip fodder among employees, six current and former staffers told the newspaper.</p><p>In <a href=\"https://laohu8.com/S/AONE\">one</a> instance, following a presentation by a female Microsoft employee in 2006, Gates, the company's then-chairman, emailed the woman to ask her out to dinner, two people familiar with the exchange told the Times.</p><p>\"If this makes you uncomfortable, pretend it never happened,\" Gates wrote in an email to the employee, according to the report.</p><p>The woman was uncomfortable and pretended Gates never asked her out, the Times reported.</p><p>A few years later, another woman, who worked for the Gates' philanthropic foundation, told the Times that he asked her out during a work trip to New York, saying \"I want to see you. Will you have dinner with me?\"</p><p>The woman recalled that she felt uncomfortable but laughed to avoid responding.</p><p>Some of the employees who spoke to the Times said they didn't see Gates' behavior as predatory, noting that he didn't pressure the women to submit to his advances.</p><p>It's unclear how much Melinda knew about her husband's office behavior.</p><p>But she was reportedly upset over how Bill handled a previously undisclosed sexual harassment claim against his longtime money manager, Michael Larson, in 2018.</p><p>Then, in 2019, her husband's relationship with Epstein was exposed, with the Times reporting at the time that Bill had spent time with the convicted sex offender on multiple occasions -- including flying on his so-called \"Lolita <a href=\"https://laohu8.com/S/EXPR\">Express</a>\" private jet and attending a late-night gathering at his <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> townhouse.</p><p>Melinda -- a global advocate for women and girls -- had warned her hubby that she was uncomfortable with Epstein after they both met with him in 2013, the Daily Beast previously reported .</p><p>The 2019 report apparently included details about the ties between the two men that Melinda hadn't previously known -- and she hired divorce lawyers, setting in motion the couple's divorce announcement this month.</p><p>\"She decided that it was best for her to leave her marriage as she moved into the next phase of her life,\" a person who recently spoke with Melinda told the Times.</p><p>Bridgitt Arnold, a spokeswoman for Bill, said he had never mistreated any employees and slammed \"rumors and speculation\" about his relationship with Melinda and their divorce.</p><p>\"It is extremely disappointing that there have been so many untruths published about the cause, the circumstances and the timeline of Bill Gates's divorce,\" Arnold said in a statement.</p><p>\"The rumors and speculation surrounding Gates's divorce are becoming increasingly absurd, and it's unfortunate that people who have little to no knowledge of the situation are being characterized as 'sources.'\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nBill Gates reportedly asked out colleagues while married\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-17 07:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> women describe uncomfortable situations to New York Times</p><p>Bill Gates \"pursued\" several women in his office long after he wed now-estranged wife Melinda in 1994 -- but it was the exposure of his ties to pedophile Jeffrey Epstein that really shook their marriage, according to a report on Sunday.</p><p>The New York Times detailed  two instances where the billionaire tech mogul clumsily asked out women who worked for him at Microsoft and the Bill and Melinda Gates Foundation.</p><p>The two incidents and other more recent ones at times created an uncomfortable workplace environment, with Gates' personal life becoming gossip fodder among employees, six current and former staffers told the newspaper.</p><p>In <a href=\"https://laohu8.com/S/AONE\">one</a> instance, following a presentation by a female Microsoft employee in 2006, Gates, the company's then-chairman, emailed the woman to ask her out to dinner, two people familiar with the exchange told the Times.</p><p>\"If this makes you uncomfortable, pretend it never happened,\" Gates wrote in an email to the employee, according to the report.</p><p>The woman was uncomfortable and pretended Gates never asked her out, the Times reported.</p><p>A few years later, another woman, who worked for the Gates' philanthropic foundation, told the Times that he asked her out during a work trip to New York, saying \"I want to see you. Will you have dinner with me?\"</p><p>The woman recalled that she felt uncomfortable but laughed to avoid responding.</p><p>Some of the employees who spoke to the Times said they didn't see Gates' behavior as predatory, noting that he didn't pressure the women to submit to his advances.</p><p>It's unclear how much Melinda knew about her husband's office behavior.</p><p>But she was reportedly upset over how Bill handled a previously undisclosed sexual harassment claim against his longtime money manager, Michael Larson, in 2018.</p><p>Then, in 2019, her husband's relationship with Epstein was exposed, with the Times reporting at the time that Bill had spent time with the convicted sex offender on multiple occasions -- including flying on his so-called \"Lolita <a href=\"https://laohu8.com/S/EXPR\">Express</a>\" private jet and attending a late-night gathering at his <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a> townhouse.</p><p>Melinda -- a global advocate for women and girls -- had warned her hubby that she was uncomfortable with Epstein after they both met with him in 2013, the Daily Beast previously reported .</p><p>The 2019 report apparently included details about the ties between the two men that Melinda hadn't previously known -- and she hired divorce lawyers, setting in motion the couple's divorce announcement this month.</p><p>\"She decided that it was best for her to leave her marriage as she moved into the next phase of her life,\" a person who recently spoke with Melinda told the Times.</p><p>Bridgitt Arnold, a spokeswoman for Bill, said he had never mistreated any employees and slammed \"rumors and speculation\" about his relationship with Melinda and their divorce.</p><p>\"It is extremely disappointing that there have been so many untruths published about the cause, the circumstances and the timeline of Bill Gates's divorce,\" Arnold said in a statement.</p><p>\"The rumors and speculation surrounding Gates's divorce are becoming increasingly absurd, and it's unfortunate that people who have little to no knowledge of the situation are being characterized as 'sources.'\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","MSFT":"微软","03086":"华夏纳指"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136982535","content_text":"Two women describe uncomfortable situations to New York TimesBill Gates \"pursued\" several women in his office long after he wed now-estranged wife Melinda in 1994 -- but it was the exposure of his ties to pedophile Jeffrey Epstein that really shook their marriage, according to a report on Sunday.The New York Times detailed  two instances where the billionaire tech mogul clumsily asked out women who worked for him at Microsoft and the Bill and Melinda Gates Foundation.The two incidents and other more recent ones at times created an uncomfortable workplace environment, with Gates' personal life becoming gossip fodder among employees, six current and former staffers told the newspaper.In one instance, following a presentation by a female Microsoft employee in 2006, Gates, the company's then-chairman, emailed the woman to ask her out to dinner, two people familiar with the exchange told the Times.\"If this makes you uncomfortable, pretend it never happened,\" Gates wrote in an email to the employee, according to the report.The woman was uncomfortable and pretended Gates never asked her out, the Times reported.A few years later, another woman, who worked for the Gates' philanthropic foundation, told the Times that he asked her out during a work trip to New York, saying \"I want to see you. Will you have dinner with me?\"The woman recalled that she felt uncomfortable but laughed to avoid responding.Some of the employees who spoke to the Times said they didn't see Gates' behavior as predatory, noting that he didn't pressure the women to submit to his advances.It's unclear how much Melinda knew about her husband's office behavior.But she was reportedly upset over how Bill handled a previously undisclosed sexual harassment claim against his longtime money manager, Michael Larson, in 2018.Then, in 2019, her husband's relationship with Epstein was exposed, with the Times reporting at the time that Bill had spent time with the convicted sex offender on multiple occasions -- including flying on his so-called \"Lolita Express\" private jet and attending a late-night gathering at his Manhattan townhouse.Melinda -- a global advocate for women and girls -- had warned her hubby that she was uncomfortable with Epstein after they both met with him in 2013, the Daily Beast previously reported .The 2019 report apparently included details about the ties between the two men that Melinda hadn't previously known -- and she hired divorce lawyers, setting in motion the couple's divorce announcement this month.\"She decided that it was best for her to leave her marriage as she moved into the next phase of her life,\" a person who recently spoke with Melinda told the Times.Bridgitt Arnold, a spokeswoman for Bill, said he had never mistreated any employees and slammed \"rumors and speculation\" about his relationship with Melinda and their divorce.\"It is extremely disappointing that there have been so many untruths published about the cause, the circumstances and the timeline of Bill Gates's divorce,\" Arnold said in a statement.\"The rumors and speculation surrounding Gates's divorce are becoming increasingly absurd, and it's unfortunate that people who have little to no knowledge of the situation are being characterized as 'sources.'\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949583735,"gmtCreate":1678755039128,"gmtModify":1678755043000,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Bb","listText":"Bb","text":"Bb","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949583735","repostId":"1118288697","repostType":4,"repost":{"id":"1118288697","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1678748849,"share":"https://www.laohu8.com/m/news/1118288697?lang=&edition=full","pubTime":"2023-03-14 07:07","market":"us","language":"en","title":"Biden Promises \"Whatever Needed\" For U.S. Bank System As SVB Shock Hammers Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1118288697","media":"Reuters","summary":"(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take","content":"<html><head></head><body><p>(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system after the sudden collapse of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O).</p><p>Biden&#39;s efforts to reassure markets and depositors came after emergency U.S. measures to shore up banks by giving them access to additional funding failed to dispel investor worries about potential contagion to other lenders worldwide.</p><p>The White House said the Treasury Department is working with regulators on the next steps.</p><p>With investors fearing additional failures, major U.S. banks lost around $90 billion in stock market value on Monday, bringing their loss over the past three trading sessions to nearly $190 billion.</p><p>Shares of First Republic Bank (FRC.N) tumbled as news of fresh financing failed to reassure investors, and so did Western Alliance Bancorp (WAL.N) and PacWest Bancorp (PACW.O).</p><p>First Republic had been able to meet withdrawal demands on Monday with the help of extra funding from JPMorgan Chase (JPM.N), the mid-cap lender&#39;s executive chair, Jim Herbert, told CNBC, adding it was not seeing a massive deposit outflow.</p><p>Shock waves extended to Europe, where the STOXX banking index (.SX7P) closed 5.7% lower. Germany&#39;s Commerzbank (CBKG.DE) fell 12.7%, while Credit Suisse (CSGN.S) slid 9.6% to a new record low.</p><p>Swiss financial regulator FINMA said it was closely monitoring banks and insurers, while a senior European Central Bank supervisor said the board overseeing the euro zone&#39;s biggest banks did not see any need for an emergency meeting.</p><p>Biden said his administration&#39;s actions over the weekend meant &#34;Americans can have confidence that the banking system is safe,&#34; while also promising stiffer regulation after the biggest U.S. bank failure since the 2008 financial crisis.</p><p>&#34;Your deposits will be there when you need them,&#34; he said.</p><p>Nevertheless, shares of big U.S. banks, including JPMorgan Chase &amp; Co, Citigroup (C.N), and Wells Fargo (WFC.N) all lost ground on Monday.</p><p>An administration official said there was no timeline for Biden to make any requests of Congress as his aides were still working to manage the immediate situation and better understand it.</p><p>In the money markets, indicators of credit risk in the U.S. and euro zone banking systems edged up.</p><p>&#34;When a step (is taken) this big, this quickly, your first thought is &#39;crisis averted.&#39; But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?&#34; said Rick Meckler, partner at Cherry Lane Investments.</p><p>Emboldened by bets that the U.S. Federal Reserve may have to slow its rate hikes, and with investors seeking safe havens, the price of gold raced above the key $1,900 level.</p><p>&#34;There is a sense of contagion and where we see a repricing around financials is leading to a repricing across markets,&#34; said Mark Dowding, chief investment officer at BlueBay Asset Management in London.</p><p>U.S. regulators stepped in on Sunday after the collapse of SVB, which had a run after a big bond portfolio hit.</p><p>SVB Financial Group (SIVB.O) and two top executives were sued on Monday by shareholders, who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit &#34;particularly susceptible&#34; to a bank run.</p><p>SVB&#39;s customers will have access to all their deposits from Monday and regulators set up a new facility to give banks access to emergency funds and the Fed made it easier for banks to borrow from it in emergencies.</p><p>Regulators also moved swiftly to close New York&#39;s Signature Bank, which had come under pressure in recent days.</p><p>&#34;A serious investigation needs to be undertaken on why the regulators missed red flags ... and what needs to be overhauled,&#34; said Mark Sobel, a former senior Treasury official and U.S. chair of think tank OMFIF.</p><h2>FALLOUT</h2><p>Companies around the globe with SVB accounts rushed to assess the impact on their finances. In Germany, the central bank convened its crisis team to assess any fallout.</p><p>After marathon weekend talks, HSBC HSBA.L said it was buying the British arm of SVB for one pound ($1.21).</p><p>While SVB UK is small, its sudden demise prompted calls for government help for Britain&#39;s startup industry, and its heavily exposed biotech sector in particular.</p><p>Prime Minister Rishi Sunak added his voice to those in the UK saying there was no concern about systemic risk.</p><p>&#34;Our banks are well capitalised, the liquidity is strong,&#34; Sunak told ITV during a visit to the United States.</p><p>A furious race to reprice interest rate expectations also sent waves through markets as investors bet the Fed will be reluctant to hike next week.</p><p>The Fed&#39;s options are limited, said Sobel. &#34;The Fed could cut rates, but that has its own drawbacks. So the Fed and Treasury have kind of shot their bazooka for now. I think it&#39;s a question of the market steadying out. Is this a one-off adjustment in regional banks, or does it portend more to come?&#34;</p><p>Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. Early last week a 25 basis-point hike was fully priced in, with a 70% chance seen of 50 basis points.</p><p>The yield on the U.S. two-year Treasury note briefly fell below 4% for the first time since last October and was last down 53.1 basis points (bps) at 4.057%. The two-year note&#39;s yield, which reflects interest rate move expectations, was on track for the biggest one-day drop since October 1987.</p><p>On Monday morning, U.S. bank regulators sought to reassure nervous customers who lined up outside SVB&#39;s Santa Clara, California, headquarters, offering coffee and donuts. &#34;Feel free to transact business as usual. We just ask for a little bit of time because of the volume,&#34; FDIC employee Luis Mayorga told waiting customers.</p><p>The first customer, who did not want to be named, said they arrived at SVB at 4 a.m.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Biden Promises \"Whatever Needed\" For U.S. Bank System As SVB Shock Hammers Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBiden Promises \"Whatever Needed\" For U.S. Bank System As SVB Shock Hammers Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-14 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system after the sudden collapse of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O).</p><p>Biden&#39;s efforts to reassure markets and depositors came after emergency U.S. measures to shore up banks by giving them access to additional funding failed to dispel investor worries about potential contagion to other lenders worldwide.</p><p>The White House said the Treasury Department is working with regulators on the next steps.</p><p>With investors fearing additional failures, major U.S. banks lost around $90 billion in stock market value on Monday, bringing their loss over the past three trading sessions to nearly $190 billion.</p><p>Shares of First Republic Bank (FRC.N) tumbled as news of fresh financing failed to reassure investors, and so did Western Alliance Bancorp (WAL.N) and PacWest Bancorp (PACW.O).</p><p>First Republic had been able to meet withdrawal demands on Monday with the help of extra funding from JPMorgan Chase (JPM.N), the mid-cap lender&#39;s executive chair, Jim Herbert, told CNBC, adding it was not seeing a massive deposit outflow.</p><p>Shock waves extended to Europe, where the STOXX banking index (.SX7P) closed 5.7% lower. Germany&#39;s Commerzbank (CBKG.DE) fell 12.7%, while Credit Suisse (CSGN.S) slid 9.6% to a new record low.</p><p>Swiss financial regulator FINMA said it was closely monitoring banks and insurers, while a senior European Central Bank supervisor said the board overseeing the euro zone&#39;s biggest banks did not see any need for an emergency meeting.</p><p>Biden said his administration&#39;s actions over the weekend meant &#34;Americans can have confidence that the banking system is safe,&#34; while also promising stiffer regulation after the biggest U.S. bank failure since the 2008 financial crisis.</p><p>&#34;Your deposits will be there when you need them,&#34; he said.</p><p>Nevertheless, shares of big U.S. banks, including JPMorgan Chase &amp; Co, Citigroup (C.N), and Wells Fargo (WFC.N) all lost ground on Monday.</p><p>An administration official said there was no timeline for Biden to make any requests of Congress as his aides were still working to manage the immediate situation and better understand it.</p><p>In the money markets, indicators of credit risk in the U.S. and euro zone banking systems edged up.</p><p>&#34;When a step (is taken) this big, this quickly, your first thought is &#39;crisis averted.&#39; But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?&#34; said Rick Meckler, partner at Cherry Lane Investments.</p><p>Emboldened by bets that the U.S. Federal Reserve may have to slow its rate hikes, and with investors seeking safe havens, the price of gold raced above the key $1,900 level.</p><p>&#34;There is a sense of contagion and where we see a repricing around financials is leading to a repricing across markets,&#34; said Mark Dowding, chief investment officer at BlueBay Asset Management in London.</p><p>U.S. regulators stepped in on Sunday after the collapse of SVB, which had a run after a big bond portfolio hit.</p><p>SVB Financial Group (SIVB.O) and two top executives were sued on Monday by shareholders, who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit &#34;particularly susceptible&#34; to a bank run.</p><p>SVB&#39;s customers will have access to all their deposits from Monday and regulators set up a new facility to give banks access to emergency funds and the Fed made it easier for banks to borrow from it in emergencies.</p><p>Regulators also moved swiftly to close New York&#39;s Signature Bank, which had come under pressure in recent days.</p><p>&#34;A serious investigation needs to be undertaken on why the regulators missed red flags ... and what needs to be overhauled,&#34; said Mark Sobel, a former senior Treasury official and U.S. chair of think tank OMFIF.</p><h2>FALLOUT</h2><p>Companies around the globe with SVB accounts rushed to assess the impact on their finances. In Germany, the central bank convened its crisis team to assess any fallout.</p><p>After marathon weekend talks, HSBC HSBA.L said it was buying the British arm of SVB for one pound ($1.21).</p><p>While SVB UK is small, its sudden demise prompted calls for government help for Britain&#39;s startup industry, and its heavily exposed biotech sector in particular.</p><p>Prime Minister Rishi Sunak added his voice to those in the UK saying there was no concern about systemic risk.</p><p>&#34;Our banks are well capitalised, the liquidity is strong,&#34; Sunak told ITV during a visit to the United States.</p><p>A furious race to reprice interest rate expectations also sent waves through markets as investors bet the Fed will be reluctant to hike next week.</p><p>The Fed&#39;s options are limited, said Sobel. &#34;The Fed could cut rates, but that has its own drawbacks. So the Fed and Treasury have kind of shot their bazooka for now. I think it&#39;s a question of the market steadying out. Is this a one-off adjustment in regional banks, or does it portend more to come?&#34;</p><p>Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. Early last week a 25 basis-point hike was fully priced in, with a 70% chance seen of 50 basis points.</p><p>The yield on the U.S. two-year Treasury note briefly fell below 4% for the first time since last October and was last down 53.1 basis points (bps) at 4.057%. The two-year note&#39;s yield, which reflects interest rate move expectations, was on track for the biggest one-day drop since October 1987.</p><p>On Monday morning, U.S. bank regulators sought to reassure nervous customers who lined up outside SVB&#39;s Santa Clara, California, headquarters, offering coffee and donuts. &#34;Feel free to transact business as usual. We just ask for a little bit of time because of the volume,&#34; FDIC employee Luis Mayorga told waiting customers.</p><p>The first customer, who did not want to be named, said they arrived at SVB at 4 a.m.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBNY":"签字银行","WAL":"阿莱恩斯西部银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118288697","content_text":"(Reuters) - Bank stocks around the world plunged on Monday even as President Joe Biden vowed to take whatever action was needed to ensure the safety of the U.S. banking system after the sudden collapse of Silicon Valley Bank (SIVB.O) and Signature Bank (SBNY.O).Biden's efforts to reassure markets and depositors came after emergency U.S. measures to shore up banks by giving them access to additional funding failed to dispel investor worries about potential contagion to other lenders worldwide.The White House said the Treasury Department is working with regulators on the next steps.With investors fearing additional failures, major U.S. banks lost around $90 billion in stock market value on Monday, bringing their loss over the past three trading sessions to nearly $190 billion.Shares of First Republic Bank (FRC.N) tumbled as news of fresh financing failed to reassure investors, and so did Western Alliance Bancorp (WAL.N) and PacWest Bancorp (PACW.O).First Republic had been able to meet withdrawal demands on Monday with the help of extra funding from JPMorgan Chase (JPM.N), the mid-cap lender's executive chair, Jim Herbert, told CNBC, adding it was not seeing a massive deposit outflow.Shock waves extended to Europe, where the STOXX banking index (.SX7P) closed 5.7% lower. Germany's Commerzbank (CBKG.DE) fell 12.7%, while Credit Suisse (CSGN.S) slid 9.6% to a new record low.Swiss financial regulator FINMA said it was closely monitoring banks and insurers, while a senior European Central Bank supervisor said the board overseeing the euro zone's biggest banks did not see any need for an emergency meeting.Biden said his administration's actions over the weekend meant \"Americans can have confidence that the banking system is safe,\" while also promising stiffer regulation after the biggest U.S. bank failure since the 2008 financial crisis.\"Your deposits will be there when you need them,\" he said.Nevertheless, shares of big U.S. banks, including JPMorgan Chase & Co, Citigroup (C.N), and Wells Fargo (WFC.N) all lost ground on Monday.An administration official said there was no timeline for Biden to make any requests of Congress as his aides were still working to manage the immediate situation and better understand it.In the money markets, indicators of credit risk in the U.S. and euro zone banking systems edged up.\"When a step (is taken) this big, this quickly, your first thought is 'crisis averted.' But your second thought is, how big was that crisis, how big were the risks that this step had to be taken?\" said Rick Meckler, partner at Cherry Lane Investments.Emboldened by bets that the U.S. Federal Reserve may have to slow its rate hikes, and with investors seeking safe havens, the price of gold raced above the key $1,900 level.\"There is a sense of contagion and where we see a repricing around financials is leading to a repricing across markets,\" said Mark Dowding, chief investment officer at BlueBay Asset Management in London.U.S. regulators stepped in on Sunday after the collapse of SVB, which had a run after a big bond portfolio hit.SVB Financial Group (SIVB.O) and two top executives were sued on Monday by shareholders, who accused them of concealing how rising interest rates would leave its Silicon Valley Bank unit \"particularly susceptible\" to a bank run.SVB's customers will have access to all their deposits from Monday and regulators set up a new facility to give banks access to emergency funds and the Fed made it easier for banks to borrow from it in emergencies.Regulators also moved swiftly to close New York's Signature Bank, which had come under pressure in recent days.\"A serious investigation needs to be undertaken on why the regulators missed red flags ... and what needs to be overhauled,\" said Mark Sobel, a former senior Treasury official and U.S. chair of think tank OMFIF.FALLOUTCompanies around the globe with SVB accounts rushed to assess the impact on their finances. In Germany, the central bank convened its crisis team to assess any fallout.After marathon weekend talks, HSBC HSBA.L said it was buying the British arm of SVB for one pound ($1.21).While SVB UK is small, its sudden demise prompted calls for government help for Britain's startup industry, and its heavily exposed biotech sector in particular.Prime Minister Rishi Sunak added his voice to those in the UK saying there was no concern about systemic risk.\"Our banks are well capitalised, the liquidity is strong,\" Sunak told ITV during a visit to the United States.A furious race to reprice interest rate expectations also sent waves through markets as investors bet the Fed will be reluctant to hike next week.The Fed's options are limited, said Sobel. \"The Fed could cut rates, but that has its own drawbacks. So the Fed and Treasury have kind of shot their bazooka for now. I think it's a question of the market steadying out. Is this a one-off adjustment in regional banks, or does it portend more to come?\"Traders currently see a 50% chance of no rate hike at that meeting, with rate cuts priced in for the second half of the year. Early last week a 25 basis-point hike was fully priced in, with a 70% chance seen of 50 basis points.The yield on the U.S. two-year Treasury note briefly fell below 4% for the first time since last October and was last down 53.1 basis points (bps) at 4.057%. The two-year note's yield, which reflects interest rate move expectations, was on track for the biggest one-day drop since October 1987.On Monday morning, U.S. bank regulators sought to reassure nervous customers who lined up outside SVB's Santa Clara, California, headquarters, offering coffee and donuts. \"Feel free to transact business as usual. We just ask for a little bit of time because of the volume,\" FDIC employee Luis Mayorga told waiting customers.The first customer, who did not want to be named, said they arrived at SVB at 4 a.m.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125118832,"gmtCreate":1624663785626,"gmtModify":1703842933364,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls comment","listText":"Pls comment","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/125118832","repostId":"2146023165","repostType":4,"repost":{"id":"2146023165","pubTimestamp":1624614720,"share":"https://www.laohu8.com/m/news/2146023165?lang=&edition=full","pubTime":"2021-06-25 17:52","market":"us","language":"en","title":"Microsoft sent a strong signal to developers that could hurt Apple and Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2146023165","media":"Yahoo Finance","summary":"Microsoft  launched a broadside against rivals Apple  and Google  on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.“Windows has always stood for sovereignty for creators and agency for consumer","content":"<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.</p>\n<p>That’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.</p>\n<p>“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”</p>\n<p>The move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.</p>\n<p>Apple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.</p>\n<p>Google, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.</p>\n<h3><b>Microsoft has been criticizing Apple’s policies</b></h3>\n<p>This isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.</p>\n<p>More recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.</p>\n<p>That led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and <a href=\"https://laohu8.com/S/FB\">Facebook</a>.</p>\n<p><img src=\"https://static.tigerbbs.com/d92ddac610658f60945c72fc4da23210\" tg-width=\"1024\" tg-height=\"640\" referrerpolicy=\"no-referrer\">Microsoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft</p>\n<p>Microsoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.</p>\n<p>Epic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.</p>\n<p>Epic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.</p>\n<h3><b>Microsoft could win over developers</b></h3>\n<p>With its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.</p>\n<p>While Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft sent a strong signal to developers that could hurt Apple and Google</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\">\nMicrosoft sent a strong signal to developers that could hurt Apple and Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 17:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","GOOGL":"谷歌A","09086":"华夏纳指-U","03086":"华夏纳指","MSFT":"微软","QNETCN":"纳斯达克中美互联网老虎指数","GOOG":"谷歌"},"source_url":"https://finance.yahoo.com/news/microsoft-app-store-revenue-google-apple-200213646.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2146023165","content_text":"Microsoft (MSFT) launched a broadside against rivals Apple (AAPL) and Google (GOOG, GOOGL) on Thursday, announcing that the next version of Windows, called Windows 11, will feature an app store that lets developers keep 100% of the revenue from sales of their apps.\nThat’s a massive departure from the policies Apple and Google have in place that require app developers who use their stores to pay 30% fees on the sale of apps and in-app purchases.\n“Windows has always stood for sovereignty for creators and agency for consumers,” Microsoft CEO Satya Nadella said. “A platform can only serve society if its rules allow for this foundational innovation and category creation. It’s why we’re introducing new store commerce models and policies.”\nThe move is certain to rankle executives at both Apple and Google, which are facing antitrust investigations into their app store practices.\nApple is awaiting a ruling in an antitrust case brought by Epic Games, in which the “Fortnite” developer accused the iPhone maker of abusing its market power over the App Store by forcing developers to use its own payment system and fork over the associated fees.\nGoogle, meanwhile, faces a similar lawsuit from Epic and is expected to get slapped with a lawsuit from a collection of state attorneys general for its app store policies.\nMicrosoft has been criticizing Apple’s policies\nThis isn’t the first time Microsoft has called out its rivals and their app stores. The company has criticized Apple’s policies in the past, specifically Apple’s policy of taking a share of revenue from Microsoft apps purchased through the Apple App Store.\nMore recently, Microsoft sparred with Apple over its desire to get its xCloud cloud gaming platform onto the iPhone via a native app. Apple has pushed back, hampering Microsoft’s cloud gaming ambitions and forcing it to make users rely on a browser-style app.\nThat led Microsoft to meet and lodge a complaint with members of the House Antitrust Subcommittee during the body’s investigation into Apple, Google, Amazon, and Facebook.\nMicrosoft has debuted the latest version of its Windows operating system: Windows 11. (Image: Microsoft)Microsoft\nMicrosoft also took aim at Apple in the iPhone maker’s battle with “Fortnite” developer Epic Games. In that instance, Microsoft filed a statement of support for Epic in its fight to prevent Apple withholding iOS support for Epic’s Unreal Engine.\nEpic initially sued Apple and Google after the two companies removed “Fornite” from their respective app stores. Apple and Google argue that Epic implemented an update that added a separate payment system allowing consumers to circumvent Apple or Google’s payment services. That effectively cut out Apple and Google’s 30% app store fees.\nEpic’s fight with Apple wrapped up earlier this month and a ruling is expected before the end of the summer.\nMicrosoft could win over developers\nWith its decision to allow developers to use their own payment systems, Microsoft is sending a signal to the global developer community that it is willing to play by their rules. That could help the company as it seeks to build out its app store and drive more business for Windows.\nWhile Microsoft was caught flat-footed in the smartphone wars, its moves with the Windows 11 Microsoft Store could give it the kind of boost from developers that it needs to begin taking market share from Apple and Google in the fight for app store supremacy. It’s now up to Apple and Google to respond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":39,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136039343,"gmtCreate":1621984176882,"gmtModify":1704365356599,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls comment","listText":"Pls comment","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/136039343","repostId":"2138934961","repostType":4,"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136030587,"gmtCreate":1621984134149,"gmtModify":1704365354490,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Pls comment","listText":"Pls comment","text":"Pls comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/136030587","repostId":"2138193407","repostType":4,"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3568230509761996","authorId":"3568230509761996","name":"AndreR93","avatar":"https://static.tigerbbs.com/96d3de091542c3cf445343cfbe260aeb","crmLevel":1,"crmLevelSwitch":0},"content":"Reply comment pls","text":"Reply comment pls","html":"Reply comment pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133117602,"gmtCreate":1621727449806,"gmtModify":1704361705630,"author":{"id":"3576895774513119","authorId":"3576895774513119","name":"ongcjeric","avatar":"https://static.tigerbbs.com/a4eece6de8f766cfa9770954976d8ae8","crmLevel":8,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/133117602","repostId":"2137906121","repostType":4,"repost":{"id":"2137906121","pubTimestamp":1621611396,"share":"https://www.laohu8.com/m/news/2137906121?lang=&edition=full","pubTime":"2021-05-21 23:36","market":"us","language":"en","title":"Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906121","media":"Motley Fool","summary":"Berkshire Hathaway has continued to reduce its stakes in banks.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.</p>\n<p>\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"</p>\n<p>Let's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2da7d6438277757a73f9e626ebc6fc2\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>1. All but eliminating Wells Fargo</h2>\n<p>Everyone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, <b>Wells Fargo</b> (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.</p>\n<p>This essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at <a href=\"https://laohu8.com/S/AONE\">one</a> point back in 2017, it was reportedly worth as much as $29 billion.</p>\n<p>But as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.</p>\n<p>The stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.</p>\n<h2>2. Dumping <a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a></h2>\n<p>Last quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company <b>Synchrony Financial&nbsp;</b>(NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.</p>\n<p>While I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, <b>JPMorgan Chase</b>, and loaded up on America's second-largest bank, <b>Bank of America</b>.</p>\n<p>Considering that Buffett already has a huge position in <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.</p>\n<h2>3. Trimming U.S. Bancorp again</h2>\n<p>Berkshire Hathaway also sold about 1.45 million shares of <b>U.S. Bancorp</b> (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in <b>PNC Financial Services Group</b>&nbsp;and&nbsp;<b>M&amp;T Bank</b>, in the fourth quarter of 2020.&nbsp;</p>\n<p>One possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. </p>\n<p>Overall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021</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 Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","SYF":"Synchrony Financial","USB":"美国合众银行","BRK.B":"伯克希尔B","WFC":"富国银行"},"source_url":"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906121","content_text":"Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.\n\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"\nLet's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.\nImage source: Getty Images.\n1. All but eliminating Wells Fargo\nEveryone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, Wells Fargo (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.\nThis essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at one point back in 2017, it was reportedly worth as much as $29 billion.\nBut as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.\nThe stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.\n2. Dumping Synchrony Financial\nLast quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company Synchrony Financial (NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.\nWhile I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, JPMorgan Chase, and loaded up on America's second-largest bank, Bank of America.\nConsidering that Buffett already has a huge position in American Express, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.\n3. Trimming U.S. Bancorp again\nBerkshire Hathaway also sold about 1.45 million shares of U.S. Bancorp (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in PNC Financial Services Group and M&T Bank, in the fourth quarter of 2020. \nOne possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. \nOverall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}