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Bobbinpins
2023-03-02
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Cathie Wood Is Betting Big on These 5 AI Stocks
Bobbinpins
2023-03-02
š
S&P, Nasdaq Weak As Manufacturing Stokes Fed Concerns
Bobbinpins
2023-03-02
š
Muskās Tesla Master Plan Disappoints, No Detail on New Cars
Bobbinpins
2022-10-22
$Meta Platforms, Inc.(META)$
š
Bobbinpins
2022-10-17
$Oatly Group AB(OTLY)$
š
Bobbinpins
2022-10-13
$Alibaba(BABA)$
š
Bobbinpins
2022-10-11
$Western Asset Mortgage Capital(WMC)$
š
Bobbinpins
2022-10-11
$Oatly Group AB(OTLY)$
š
Bobbinpins
2022-04-18
$Lemonade, Inc.(LMND)$
š
Bobbinpins
2022-04-08
$Lemonade, Inc.(LMND)$
š„²
Bobbinpins
2022-03-25
$NIO Inc.(NIO)$
šŖš»
Bobbinpins
2022-03-25
$Tencent Music(TME)$
š
Bobbinpins
2022-03-15
$SoFi Technologies Inc.(SOFI)$
??
Bobbinpins
2022-03-15
$Alibaba(BABA)$
DCA-ed since I first bought it at $230++...
Bobbinpins
2022-03-12
$Tencent Music(TME)$
š
Bobbinpins
2022-03-12
$Tiger Brokers(TIGR)$
ššš
Bobbinpins
2022-03-12
$Meta Platforms, Inc.(FB)$
š„²
Bobbinpins
2022-03-12
$Alibaba(BABA)$
š
Bobbinpins
2022-03-08
$Alibaba(BABA)$
[Spurting]
Bobbinpins
2022-03-08
$Block(SQ)$
been DCA-Ing since I first bought itat $280..
Go to Tiger App to see more news
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11:49","market":"us","language":"en","title":"Cathie Wood Is Betting Big on These 5 AI Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2316628007","media":"InvestorPlace","summary":"Artificial intelligence (AI) stocks are fueling a reinvigorated confidence in the tech market.Cathie","content":"<html><head></head><body><ul><li>Artificial intelligence (AI) stocks are fueling a reinvigorated confidence in the tech market.</li><li>Cathie Wood and herĀ <b>Ark InvestĀ </b>firm have seen a resurgence in interest once again as a result.</li><li>While Wood is avoiding current picks like <b>Nvidia </b>(<b><u>NVDA</u></b>), there are five other AI players the entrepreneur is riding high on.</li></ul><p><img src=\"https://static.tigerbbs.com/85dc42f6dbf9bf6facc4662f4266922b\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: rhendrikdwenz via Shutterstock</p><p>Love it or hate it, tech investing is back on the menu in 2023. As a result, Cathie Woodās back in the limelight. Taking a back seat to the bear market last year, Woodās <b>Ark InvestĀ </b>has been subjected to much scrutiny for its high-risk, high-reward investing style. But with investors ready to get speculative once again, theyāre heeding Woodās keen analysis on tech once again. Like most investors in recent weeks, Ark and Wood are descending heavily on the artificial intelligence (AI) sector. Woodās choice in AI stocks could certainly be some of the top performers when all is said and done.</p><p>AI has blown the doors off of the tech industry. Of course, it has been around for a long time now ā decades, in fact. But in the latter half of 2022, AI caught fire similarly to the blockchain explosion in early 2021. This hype comes thanks to the stock market seeing slight recovery from last yearās downturn, making room for excitement in new speculative investment. The excitement is in turn charging up AI stocks with millions of dollars in new money.</p><p>Woodās Ark Invest recently published its 2023 edition of its Big Ideas report. AI played no small part of this yearās report, naturally. Ark argues on behalf of AIās seemingly endless use-cases. And, the decreasing costs to train AI models as evidence that the industry will continue to thrive in the coming years. And of the many tech stocks lining Woodās balance sheet, there are five which investors would do well to keep aware of:</p><ul><li><b>C3.aiĀ </b>(NYSE:<b><u>AI</u></b>)</li><li><b><a href=\"https://laohu8.com/S/PATH\">UiPath</a>Ā </b>(NYSE:<b><u>PATH</u></b>)</li><li><b>Exact SciencesĀ </b>(NASDAQ:<b><u>EXAS</u></b>)</li><li><b>UpstartĀ </b>(NASDAQ:<b><u>UPST</u></b>)</li><li><b>TeslaĀ </b>(NASDAQ:<b><u>TSLA</u></b>)</li></ul><h2>The AI Stocks Cathie Wood Thinks Will Lead 2023</h2><p>Cathie Woodās top AI stocks for the rest of the year are both a bit expected and surprising. Itās perhaps the stock Wood isĀ <i>notĀ </i>betting on thatās most surprising āĀ <b>NvidiaĀ </b>(NASDAQ:<b><u>NVDA</u></b>). Indeed, Ark Invest has been slowly but surely offloading its NVDA shares, and collecting quite the bag along the way with an impressive return-on-investment. Given NVDAās spotlight in the AI space right now, the move comes as unorthodox. But, there are plenty of others receiving a more bullish treatment by the firm.</p><p>AsĀ <i>InvestorPlaceāsĀ </i>Muslim Farooque points out, Ark holds significant amounts of stock in companies C3.ai, Upstart and UiPath. These are some of the most obvious of AI picks on the market. C3.aiās AI stock remains one of Wall Streetās flagship AI players, offering software-as-a-service (SaaS) to companies who want to employ AI tech at scale for any number of reasons.</p><p>C3.ai counts among its clients the likes of oil companies, the U.S. military and multiple defense contractors, giving the company plenty of credibility around its model. UiPath works to similar ends, creating software for clients meant to help streamline various processes. Though, it works specifically in the niche of automating manual tasks with robotics.</p><p>These are very broad and promising businesses. But, Ark has also honed in on several companies with more specific goals in mind. Take, Upstart and its UPST stock, for example. The corporation uses AI technology in the field of credit assessment, automating the process of evaluating customersā creditworthiness. Or, take Exact Sciences ā a company which Woodās firm has recently deepened its holding in. Exact aggregates data to more accurately detect and diagnose cancer in patients.</p><p>And while itās no stranger to most investors, Wood has also held Tesla in high regard, calling Elon Muskās EV giant a āhidden gemā among AI plays. Wood says TSLA stock ā the largest Ark holding at more than 8% of the companyās aggregate portfolio ā will be the biggest winner in AI and the most āgo-to serviceā if it can perfect self-automated driving technology.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Is Betting Big on These 5 AI 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\">\nCathie Wood Is Betting Big on These 5 AI Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-02 11:49 GMT+8 <a href=https://investorplace.com/2023/03/cathie-wood-is-betting-big-on-these-5-ai-stocks/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Artificial intelligence (AI) stocks are fueling a reinvigorated confidence in the tech market.Cathie Wood and herĀ Ark InvestĀ firm have seen a resurgence in interest once again as a result.While Wood ...</p>\n\n<a href=\"https://investorplace.com/2023/03/cathie-wood-is-betting-big-on-these-5-ai-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath","BK4588":"ē¢č”","BK4528":"SaaSę¦åæµ","BK4023":"åŗēØč½Æ件","BK4587":"ChatGPTę¦åæµ","EXAS":"ē²¾åÆē§å¦","TSLA":"ē¹ęÆę","BK4551":"åÆå¾čµę¬ęä»","BK4543":"AI","UPST":"Upstart Holdings, Inc.","AI":"C3.ai, Inc.","BK4585":"ETF&č”ē„Øå®ęę¦åæµ"},"source_url":"https://investorplace.com/2023/03/cathie-wood-is-betting-big-on-these-5-ai-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316628007","content_text":"Artificial intelligence (AI) stocks are fueling a reinvigorated confidence in the tech market.Cathie Wood and herĀ Ark InvestĀ firm have seen a resurgence in interest once again as a result.While Wood is avoiding current picks like Nvidia (NVDA), there are five other AI players the entrepreneur is riding high on.Source: rhendrikdwenz via ShutterstockLove it or hate it, tech investing is back on the menu in 2023. As a result, Cathie Woodās back in the limelight. Taking a back seat to the bear market last year, Woodās Ark InvestĀ has been subjected to much scrutiny for its high-risk, high-reward investing style. But with investors ready to get speculative once again, theyāre heeding Woodās keen analysis on tech once again. Like most investors in recent weeks, Ark and Wood are descending heavily on the artificial intelligence (AI) sector. Woodās choice in AI stocks could certainly be some of the top performers when all is said and done.AI has blown the doors off of the tech industry. Of course, it has been around for a long time now ā decades, in fact. But in the latter half of 2022, AI caught fire similarly to the blockchain explosion in early 2021. This hype comes thanks to the stock market seeing slight recovery from last yearās downturn, making room for excitement in new speculative investment. The excitement is in turn charging up AI stocks with millions of dollars in new money.Woodās Ark Invest recently published its 2023 edition of its Big Ideas report. AI played no small part of this yearās report, naturally. Ark argues on behalf of AIās seemingly endless use-cases. And, the decreasing costs to train AI models as evidence that the industry will continue to thrive in the coming years. And of the many tech stocks lining Woodās balance sheet, there are five which investors would do well to keep aware of:C3.aiĀ (NYSE:AI)UiPathĀ (NYSE:PATH)Exact SciencesĀ (NASDAQ:EXAS)UpstartĀ (NASDAQ:UPST)TeslaĀ (NASDAQ:TSLA)The AI Stocks Cathie Wood Thinks Will Lead 2023Cathie Woodās top AI stocks for the rest of the year are both a bit expected and surprising. Itās perhaps the stock Wood isĀ notĀ betting on thatās most surprising āĀ NvidiaĀ (NASDAQ:NVDA). Indeed, Ark Invest has been slowly but surely offloading its NVDA shares, and collecting quite the bag along the way with an impressive return-on-investment. Given NVDAās spotlight in the AI space right now, the move comes as unorthodox. But, there are plenty of others receiving a more bullish treatment by the firm.AsĀ InvestorPlaceāsĀ Muslim Farooque points out, Ark holds significant amounts of stock in companies C3.ai, Upstart and UiPath. These are some of the most obvious of AI picks on the market. C3.aiās AI stock remains one of Wall Streetās flagship AI players, offering software-as-a-service (SaaS) to companies who want to employ AI tech at scale for any number of reasons.C3.ai counts among its clients the likes of oil companies, the U.S. military and multiple defense contractors, giving the company plenty of credibility around its model. UiPath works to similar ends, creating software for clients meant to help streamline various processes. Though, it works specifically in the niche of automating manual tasks with robotics.These are very broad and promising businesses. But, Ark has also honed in on several companies with more specific goals in mind. Take, Upstart and its UPST stock, for example. The corporation uses AI technology in the field of credit assessment, automating the process of evaluating customersā creditworthiness. Or, take Exact Sciences ā a company which Woodās firm has recently deepened its holding in. Exact aggregates data to more accurately detect and diagnose cancer in patients.And while itās no stranger to most investors, Wood has also held Tesla in high regard, calling Elon Muskās EV giant a āhidden gemā among AI plays. Wood says TSLA stock ā the largest Ark holding at more than 8% of the companyās aggregate portfolio ā will be the biggest winner in AI and the most āgo-to serviceā if it can perfect self-automated driving technology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940101418,"gmtCreate":1677730500334,"gmtModify":1677730504069,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"š","listText":"š","text":"š","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940101418","repostId":"2316241106","repostType":4,"repost":{"id":"2316241106","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":1677711956,"share":"https://ttm.financial/m/news/2316241106?lang=&edition=fundamental","pubTime":"2023-03-02 07:05","market":"us","language":"en","title":"S&P, Nasdaq Weak As Manufacturing Stokes Fed Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=2316241106","media":"Reuters","summary":"Two-year Treasury yield jumps to 2007 highNovavax slumps on going concern worriesTesla slips ahead o","content":"<html><head></head><body><ul><li>Two-year Treasury yield jumps to 2007 high</li><li>Novavax slumps on going concern worries</li><li>Tesla slips ahead of investor day</li></ul><p><img src=\"https://static.tigerbbs.com/ded13391d1772e0ac524b6ef82aaf772\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, March 1 (Reuters) - The S&P 500 and Nasdaq fell for a second straight session on Wednesday as Treasury yields jumped after manufacturing data indicated inflation is likely to remain stubbornly high, while comments from Federal Reserve policymakers supported a hawkish policy stance.</p><p>The yield on 10-year notes topped 4% for the first time since November, reaching a high of 4.01%, after the Institute for Supply Management's <a href=\"https://laohu8.com/S/ISM\">$(ISM)$</a> survey showed U.S. manufacturing contracted in February and prices for raw materials increased last month.</p><p>After the data was released, the two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, gained on the day after reaching 4.904%, its highest since 2007. It was last up 8.4 basis points at 4.881%.</p><p>"You could see the market kind of deteriorated a little bit, yields started climbing after that February ISM manufacturing report. Prices paid component, that really jumped, broke a four-month streak of price declines," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan, referring to the ISM Manufacturing Prices Paid Index which is seen as an inflation indicator.</p><p>"That is just another piece of evidence we have seen over the past couple of weeks that inflation is remaining stickier than what most people thought in January," he said, adding it was likely the Fed is going to move rates higher.</p><p>Saglimbene added the bond market has recently been indicating there is a greater chance the Fed could move the terminal rate somewhere close to 6%.</p><p>The Dow Jones Industrial Average rose 5.14 points, or 0.02%, to 32,661.84, the S&P 500 lost 18.76 points, or 0.47%, to 3,951.39 and the Nasdaq Composite dropped 76.06 points, or 0.66%, to 11,379.48.</p><p>The Dow held near the unchanged mark as Caterpillar shares rose 3.81% after the construction equipment maker said it had reached a tentative deal with a union that represents workers at four of its facilities.</p><p>Fed funds futures showed traders added to bets the U.S. central bank will raise its benchmark rate to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.</p><p>Further fueling concerns about central bank aggressiveness, Minneapolis Fed President Neel Kashkari, a voter in the rate-setting committee in 2023, said he is "open-minded" on either a 25 basis point or a 50 basis point rate hike in March. Atlanta Fed President Raphael Bostic said in an essay that while a federal funds rate between 5% to 5.25% would be adequate, the policy would have to remain tight "well into 2024" until inflation is clearly subsiding.</p><p>After a strong January, the main U.S. benchmarks stumbled in February on growing expectations the Fed will increase rates more than initially thought as segments of the economy such as the labor market remain tight, while inflation has not ebbed as quickly as anticipated.</p><p>U.S. monthly payrolls and consumer prices data in the coming days will further help investors gauge the path of rates ahead of the March 21-22 meeting, when the Fed is largely seen hiking rates by 25 basis points.</p><p>Energy and materials sectors were among the few winners in the session as commodity prices gained after data showed China's manufacturing activity expanded at the fastest pace in more than a decade as the country continues to leave its COVID-19 restrictions behind.</p><p>Tesla Inc slipped 1.43% ahead of its investor day event. The electric automaker is readying a production revamp of its top-selling Model Y, Reuters reported, citing people familiar with the plan.</p><p>Novavax Inc plunged 25.92% after the COVID-19 vaccine maker raised doubts about its ability to remain in business and announced plans to slash spending as it prepares for a fall vaccination campaign.</p><p>Volume on U.S. exchanges was 11.00 billion shares, compared with the 11.39 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.29-to-1 ratio favored decliners.</p><p>The S&P 500 posted 9 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 79 new highs and 114 new lows.</p><p>(Reporting by Chuck Mikolajczak; Editing by Aurora Ellis)</p><p>((charles.mikolajczak@tr.com; @ChuckMik;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P, Nasdaq Weak As Manufacturing Stokes Fed Concerns</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\">\nS&P, Nasdaq Weak As Manufacturing Stokes Fed Concerns\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\">2023-03-02 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Two-year Treasury yield jumps to 2007 high</li><li>Novavax slumps on going concern worries</li><li>Tesla slips ahead of investor day</li></ul><p><img src=\"https://static.tigerbbs.com/ded13391d1772e0ac524b6ef82aaf772\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, March 1 (Reuters) - The S&P 500 and Nasdaq fell for a second straight session on Wednesday as Treasury yields jumped after manufacturing data indicated inflation is likely to remain stubbornly high, while comments from Federal Reserve policymakers supported a hawkish policy stance.</p><p>The yield on 10-year notes topped 4% for the first time since November, reaching a high of 4.01%, after the Institute for Supply Management's <a href=\"https://laohu8.com/S/ISM\">$(ISM)$</a> survey showed U.S. manufacturing contracted in February and prices for raw materials increased last month.</p><p>After the data was released, the two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, gained on the day after reaching 4.904%, its highest since 2007. It was last up 8.4 basis points at 4.881%.</p><p>"You could see the market kind of deteriorated a little bit, yields started climbing after that February ISM manufacturing report. Prices paid component, that really jumped, broke a four-month streak of price declines," said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan, referring to the ISM Manufacturing Prices Paid Index which is seen as an inflation indicator.</p><p>"That is just another piece of evidence we have seen over the past couple of weeks that inflation is remaining stickier than what most people thought in January," he said, adding it was likely the Fed is going to move rates higher.</p><p>Saglimbene added the bond market has recently been indicating there is a greater chance the Fed could move the terminal rate somewhere close to 6%.</p><p>The Dow Jones Industrial Average rose 5.14 points, or 0.02%, to 32,661.84, the S&P 500 lost 18.76 points, or 0.47%, to 3,951.39 and the Nasdaq Composite dropped 76.06 points, or 0.66%, to 11,379.48.</p><p>The Dow held near the unchanged mark as Caterpillar shares rose 3.81% after the construction equipment maker said it had reached a tentative deal with a union that represents workers at four of its facilities.</p><p>Fed funds futures showed traders added to bets the U.S. central bank will raise its benchmark rate to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.</p><p>Further fueling concerns about central bank aggressiveness, Minneapolis Fed President Neel Kashkari, a voter in the rate-setting committee in 2023, said he is "open-minded" on either a 25 basis point or a 50 basis point rate hike in March. Atlanta Fed President Raphael Bostic said in an essay that while a federal funds rate between 5% to 5.25% would be adequate, the policy would have to remain tight "well into 2024" until inflation is clearly subsiding.</p><p>After a strong January, the main U.S. benchmarks stumbled in February on growing expectations the Fed will increase rates more than initially thought as segments of the economy such as the labor market remain tight, while inflation has not ebbed as quickly as anticipated.</p><p>U.S. monthly payrolls and consumer prices data in the coming days will further help investors gauge the path of rates ahead of the March 21-22 meeting, when the Fed is largely seen hiking rates by 25 basis points.</p><p>Energy and materials sectors were among the few winners in the session as commodity prices gained after data showed China's manufacturing activity expanded at the fastest pace in more than a decade as the country continues to leave its COVID-19 restrictions behind.</p><p>Tesla Inc slipped 1.43% ahead of its investor day event. The electric automaker is readying a production revamp of its top-selling Model Y, Reuters reported, citing people familiar with the plan.</p><p>Novavax Inc plunged 25.92% after the COVID-19 vaccine maker raised doubts about its ability to remain in business and announced plans to slash spending as it prepares for a fall vaccination campaign.</p><p>Volume on U.S. exchanges was 11.00 billion shares, compared with the 11.39 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.29-to-1 ratio favored decliners.</p><p>The S&P 500 posted 9 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 79 new highs and 114 new lows.</p><p>(Reporting by Chuck Mikolajczak; Editing by Aurora Ellis)</p><p>((charles.mikolajczak@tr.com; @ChuckMik;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"ę ę®500","513500":"ę ę®500ETF","OEF":"ę ę®100ęę°ETF-iShares",".DJI":"éē¼ęÆ","BK4550":"ēŗ¢ęčµę¬ęä»","BK4588":"ē¢č”","BK4568":"ē¾å½ęē«ę¦åæµ","SDOW":"éęäøååē©ŗETF-ProShares",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"ę ę®100","SDS":"äø¤ååē©ŗę ę®500ETF","UDOW":"éęäøååå¤ETF-ProShares","UPRO":"äøååå¤ę ę®500ETF","TSLA":"ē¹ęÆę","BK4581":"é«ēęä»","BK4504":"ꔄ갓ęä»","IVV":"ę ę®500ęę°ETF","DXD":"éęäø¤ååē©ŗETF","DJX":"1/100éē¼ęÆ","SSO":"äø¤ååå¤ę ę®500ETF","DDM":"éęäø¤ååå¤ETF","SH":"ę ę®500ååETF","SPXU":"äøååē©ŗę ę®500ETF","BK4585":"ETF&č”ē„Øå®ęę¦åæµ","NVAX":"čÆŗē¦ē¦å ęÆå»čÆ","BK4534":"ē士äæ”č“·ęä»","DOG":"éęååETF","BK4139":"ēē©ē§ę","SPY":"ę ę®500ETF","BK4559":"å·“č²ē¹ęä»"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2316241106","content_text":"Two-year Treasury yield jumps to 2007 highNovavax slumps on going concern worriesTesla slips ahead of investor dayNEW YORK, March 1 (Reuters) - The S&P 500 and Nasdaq fell for a second straight session on Wednesday as Treasury yields jumped after manufacturing data indicated inflation is likely to remain stubbornly high, while comments from Federal Reserve policymakers supported a hawkish policy stance.The yield on 10-year notes topped 4% for the first time since November, reaching a high of 4.01%, after the Institute for Supply Management's $(ISM)$ survey showed U.S. manufacturing contracted in February and prices for raw materials increased last month.After the data was released, the two-year U.S. Treasury yield, which typically moves in step with interest rate expectations, gained on the day after reaching 4.904%, its highest since 2007. It was last up 8.4 basis points at 4.881%.\"You could see the market kind of deteriorated a little bit, yields started climbing after that February ISM manufacturing report. Prices paid component, that really jumped, broke a four-month streak of price declines,\" said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan, referring to the ISM Manufacturing Prices Paid Index which is seen as an inflation indicator.\"That is just another piece of evidence we have seen over the past couple of weeks that inflation is remaining stickier than what most people thought in January,\" he said, adding it was likely the Fed is going to move rates higher.Saglimbene added the bond market has recently been indicating there is a greater chance the Fed could move the terminal rate somewhere close to 6%.The Dow Jones Industrial Average rose 5.14 points, or 0.02%, to 32,661.84, the S&P 500 lost 18.76 points, or 0.47%, to 3,951.39 and the Nasdaq Composite dropped 76.06 points, or 0.66%, to 11,379.48.The Dow held near the unchanged mark as Caterpillar shares rose 3.81% after the construction equipment maker said it had reached a tentative deal with a union that represents workers at four of its facilities.Fed funds futures showed traders added to bets the U.S. central bank will raise its benchmark rate to a range of 5.5%-5.75% by September, from the current range of 4.5%-4.75%.Further fueling concerns about central bank aggressiveness, Minneapolis Fed President Neel Kashkari, a voter in the rate-setting committee in 2023, said he is \"open-minded\" on either a 25 basis point or a 50 basis point rate hike in March. Atlanta Fed President Raphael Bostic said in an essay that while a federal funds rate between 5% to 5.25% would be adequate, the policy would have to remain tight \"well into 2024\" until inflation is clearly subsiding.After a strong January, the main U.S. benchmarks stumbled in February on growing expectations the Fed will increase rates more than initially thought as segments of the economy such as the labor market remain tight, while inflation has not ebbed as quickly as anticipated.U.S. monthly payrolls and consumer prices data in the coming days will further help investors gauge the path of rates ahead of the March 21-22 meeting, when the Fed is largely seen hiking rates by 25 basis points.Energy and materials sectors were among the few winners in the session as commodity prices gained after data showed China's manufacturing activity expanded at the fastest pace in more than a decade as the country continues to leave its COVID-19 restrictions behind.Tesla Inc slipped 1.43% ahead of its investor day event. The electric automaker is readying a production revamp of its top-selling Model Y, Reuters reported, citing people familiar with the plan.Novavax Inc plunged 25.92% after the COVID-19 vaccine maker raised doubts about its ability to remain in business and announced plans to slash spending as it prepares for a fall vaccination campaign.Volume on U.S. exchanges was 11.00 billion shares, compared with the 11.39 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.32-to-1 ratio; on Nasdaq, a 1.29-to-1 ratio favored decliners.The S&P 500 posted 9 new 52-week highs and 13 new lows; the Nasdaq Composite recorded 79 new highs and 114 new lows.(Reporting by Chuck Mikolajczak; Editing by Aurora Ellis)((charles.mikolajczak@tr.com; @ChuckMik;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9940101594,"gmtCreate":1677730490919,"gmtModify":1677730494647,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"š","listText":"š","text":"š","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9940101594","repostId":"1124598150","repostType":4,"repost":{"id":"1124598150","pubTimestamp":1677720125,"share":"https://ttm.financial/m/news/1124598150?lang=&edition=fundamental","pubTime":"2023-03-02 09:22","market":"us","language":"en","title":"Muskās Tesla Master Plan Disappoints, No Detail on New Cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1124598150","media":"Bloomberg","summary":"Tesla shares fall in extended trade, no new products unveiledMusk sees potential for clean energy wi","content":"<html><head></head><body><ul><li>Tesla shares fall in extended trade, no new products unveiled</li><li>Musk sees potential for clean energy with little sacrifice</li></ul><p><img src=\"https://static.tigerbbs.com/4669e6996614a0dbc33a8a507a38bd13\" tg-width=\"390\" tg-height=\"293\" referrerpolicy=\"no-referrer\"/></p><p>Elon Muskās much-ballyhooed third Master Plan forĀ Tesla Inc.Ā fell flat with investors after failing to offer any firm detail on the companyās long-awaited next generation of electric cars.</p><p>The four-hour presentation was long on Muskās vision to lead the worldās transition to sustainable energy, but short on any detail on new products.</p><p>While he confirmed aĀ new plantĀ in Monterrey, Mexico will build the next generation of vehicles, he offered no details on timing, saying a āproper product eventā will be held another time. Lars Moravy, Teslaās vice-president of vehicle engineering was similarly vague, answering an analyst question on timing with only: āWeāre gonna go as fast as we can.ā</p><p>The longer the event went on, the more investors appeared to lose heart. Tesla shares fell as much as 6.8% to $189 in after-hours trading. Before today, the stock had soared from a two-year low it plumbed in early January, adding roughly $310 billion of market value and returning Musk to the top of the Bloomberg Billionaires Index.</p><p>Musk, 51, started the event by outlining his vision for a global switch to electric vehicles, driven by $10 trillion in spending to develop sustainable energy worldwide. The companyās investor event was streamed live from Teslaās factory in Austin, Texas.</p><p>āEarth will move to a sustainable energy economy,ā Teslaās chief executive officer said. āAnd it will happen in your lifetime.ā</p><blockquote>Key Takeaways From Teslaās Investor Day:</blockquote><ul><li>Musk didnāt unveil theĀ <b>next-generation</b>Ā vehicle platform or car. Instead, he and his colleagues spent a lot of time talking about operational efficiencies and efforts to drive down costs.</li><li><b>Wall Street</b>Ā was expecting a lot more about the next-generation vehicle, and the event lacked a big headline. The shares declined in after-hours trading.</li><li>Musk confirmed that Tesla will build its next auto plant inĀ <b>Mexico</b>, near Monterrey, but didnāt provide any fresh details except that the next-generation car will be built there.</li><li>Drew Baglino, Teslaās senior vice president of powertrain and energy engineering, confirmed that the company has broken ground on aĀ <b>lithium refining</b>Ā plant in Corpus Christi, Texas.</li><li>Tesla used the event to showcase itsĀ <b>deep bench of executive talent</b>, including people that we have never heard from before. At the end, during the Q&A, Musk shared the stage with 16 other people.</li></ul><p>In its own drive for efficiency, the EV maker plans to reduce the footprint of future manufacturing plants by 40%. Chief Financial Officer Zach Kirkhorn vowed to cut production costs in half for Teslaās next-generation vehicles.</p><p>One product Tesla could expand to is heat pumps. Musk and Drew Baglino, his senior vice president of powertrain and energy engineering, said heat pumps could dramatically cut home and office-heating costs, calling them one of the low hanging fruit of the transition to sustainable energy.</p><p>Tesla went to great lengths to introduce several executives who are largely unknown to investors. For example, Rebecca Tinucci, the head of global charging infrastructure, took to the stage to talk about the companyās Supercharger network and the āMagic Dockā that lets drivers of other EVs charge at Tesla stations.</p><p>Musk bought Twitter in October, leading some investors to wonder if heās spread himself too thin. Letting so many other executives share the limelight shows Tesla has a deep bench of talent.</p><p>The company also touted its growing ability to get production facilities up and running quickly. Tesla said it has broken ground on a lithium refinery in Corpus Christi, Texas, and aims to start output of battery-grade lithium chemicals within 12 months.</p><p>āThatās the target,ā Baglino said.</p><p>Tesla did say again that the Cybertruck is coming this year, with volume production expected in 2024.</p><p>The new corporate vision aims to build upon the US electric vehicle market leaderās growth from a niche player into a mainstream automotive manufacturer. Teslaās two previous strategic plans were unveiled in 2006 and 2016.</p><p>Scores of investors flocked to Austin for the invitation-only event, where Tesla planned to showcase its āmost advanced production line.ā</p><p>Musk published hisfirst Master Planmore than a decade ago, laying out Teslaās go-to-market strategy of building an electric sports car, then a series of more affordable cars. The company has executed on that vision with the Roadster, the Model S and then the Model 3 sedan ā its cheapest vehicle which starts at around $43,000.</p><p>Ten years later, Musk releasedMaster Plan, Part Deux,as Tesla was acquiring SolarCity. Musk served as chairman of the solar-panel installer, which was led by his cousins. That plan talked about solar roofs with battery storage, an expanded vehicle lineup and self-driving technology.</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>Muskās Tesla Master Plan Disappoints, No Detail on New Cars</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\">\nMuskās Tesla Master Plan Disappoints, No Detail on New Cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-02 09:22 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-01/musk-sees-sustainable-energy-world-at-tesla-master-plan-3-day?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla shares fall in extended trade, no new products unveiledMusk sees potential for clean energy with little sacrificeElon Muskās much-ballyhooed third Master Plan forĀ Tesla Inc.Ā fell flat with ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-01/musk-sees-sustainable-energy-world-at-tesla-master-plan-3-day?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"ē¹ęÆę"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-01/musk-sees-sustainable-energy-world-at-tesla-master-plan-3-day?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124598150","content_text":"Tesla shares fall in extended trade, no new products unveiledMusk sees potential for clean energy with little sacrificeElon Muskās much-ballyhooed third Master Plan forĀ Tesla Inc.Ā fell flat with investors after failing to offer any firm detail on the companyās long-awaited next generation of electric cars.The four-hour presentation was long on Muskās vision to lead the worldās transition to sustainable energy, but short on any detail on new products.While he confirmed aĀ new plantĀ in Monterrey, Mexico will build the next generation of vehicles, he offered no details on timing, saying a āproper product eventā will be held another time. Lars Moravy, Teslaās vice-president of vehicle engineering was similarly vague, answering an analyst question on timing with only: āWeāre gonna go as fast as we can.āThe longer the event went on, the more investors appeared to lose heart. Tesla shares fell as much as 6.8% to $189 in after-hours trading. Before today, the stock had soared from a two-year low it plumbed in early January, adding roughly $310 billion of market value and returning Musk to the top of the Bloomberg Billionaires Index.Musk, 51, started the event by outlining his vision for a global switch to electric vehicles, driven by $10 trillion in spending to develop sustainable energy worldwide. The companyās investor event was streamed live from Teslaās factory in Austin, Texas.āEarth will move to a sustainable energy economy,ā Teslaās chief executive officer said. āAnd it will happen in your lifetime.āKey Takeaways From Teslaās Investor Day:Musk didnāt unveil theĀ next-generationĀ vehicle platform or car. Instead, he and his colleagues spent a lot of time talking about operational efficiencies and efforts to drive down costs.Wall StreetĀ was expecting a lot more about the next-generation vehicle, and the event lacked a big headline. The shares declined in after-hours trading.Musk confirmed that Tesla will build its next auto plant inĀ Mexico, near Monterrey, but didnāt provide any fresh details except that the next-generation car will be built there.Drew Baglino, Teslaās senior vice president of powertrain and energy engineering, confirmed that the company has broken ground on aĀ lithium refiningĀ plant in Corpus Christi, Texas.Tesla used the event to showcase itsĀ deep bench of executive talent, including people that we have never heard from before. At the end, during the Q&A, Musk shared the stage with 16 other people.In its own drive for efficiency, the EV maker plans to reduce the footprint of future manufacturing plants by 40%. Chief Financial Officer Zach Kirkhorn vowed to cut production costs in half for Teslaās next-generation vehicles.One product Tesla could expand to is heat pumps. Musk and Drew Baglino, his senior vice president of powertrain and energy engineering, said heat pumps could dramatically cut home and office-heating costs, calling them one of the low hanging fruit of the transition to sustainable energy.Tesla went to great lengths to introduce several executives who are largely unknown to investors. For example, Rebecca Tinucci, the head of global charging infrastructure, took to the stage to talk about the companyās Supercharger network and the āMagic Dockā that lets drivers of other EVs charge at Tesla stations.Musk bought Twitter in October, leading some investors to wonder if heās spread himself too thin. Letting so many other executives share the limelight shows Tesla has a deep bench of talent.The company also touted its growing ability to get production facilities up and running quickly. Tesla said it has broken ground on a lithium refinery in Corpus Christi, Texas, and aims to start output of battery-grade lithium chemicals within 12 months.āThatās the target,ā Baglino said.Tesla did say again that the Cybertruck is coming this year, with volume production expected in 2024.The new corporate vision aims to build upon the US electric vehicle market leaderās growth from a niche player into a mainstream automotive manufacturer. Teslaās two previous strategic plans were unveiled in 2006 and 2016.Scores of investors flocked to Austin for the invitation-only event, where Tesla planned to showcase its āmost advanced production line.āMusk published hisfirst Master Planmore than a decade ago, laying out Teslaās go-to-market strategy of building an electric sports car, then a series of more affordable cars. The company has executed on that vision with the Roadster, the Model S and then the Model 3 sedan ā its cheapest vehicle which starts at around $43,000.Ten years later, Musk releasedMaster Plan, Part Deux,as Tesla was acquiring SolarCity. Musk served as chairman of the solar-panel installer, which was led by his cousins. That plan talked about solar roofs with battery storage, an expanded vehicle lineup and self-driving technology.","news_type":1},"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981819558,"gmtCreate":1666454322374,"gmtModify":1676537757882,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$</a>š","listText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$</a>š","text":"$Meta Platforms, 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Good to buy","text":"Dca. Good to buy","html":"Dca. 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[Like]","text":"analysts' target price is abt 188. if/when it hits that, it's jackpot for u, bro! [Like]","html":"analysts' target price is abt 188. if/when it hits that, it's jackpot for u, bro! 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tg-height=\"602\" referrerpolicy=\"no-referrer\">Orbsat Corp, a global provider of IoT and connectivity solutions through next-generation satellite technology, today announced that its Global Telesat Communications (GTC) unit has entered into an agreement with Alibaba.com, the B2B (Business-to-Business) e-commerce website owned and operated by Alibaba Group Holding Limited, also known as Alibaba Group (NYSE: BABA; HKEX: 9988), a Chinese multinational technology company specializing in e-commerce, retail, internet, and technology. GTC will be a Gold- Supplier on Alibaba.com, the world's largest Business-to-Business (B2B) e-commerce website.</p>\n<p>\"With our launch on Alibaba.com, the world's largest B2B platform, we are significantly accelerating our global expansion plans, expanding, and deepening our e-commerce reach into nearly every country. This will allow us to better serve the needs of our enterprise customers across the world,\" said Charles M. Fernandez, Chairman and CEO of Orbsat. \"There has been explosive growth in online shopping due to the pandemic as businesses and consumers around the world embrace e-commerce. Long-term, we believe that e-commerce will be the preferred channel for businesses and consumers seeking to research and purchase our satellite IoT and connectivity products and services. We also intend to secure new integration alliances including joint commerce structures with additional connectivity partners such as those in the CubeSat space which can leverage our expanded e-commerce platforms and ground station-based infrastructure.\"</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>Orbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.</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\">\nOrbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.\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\">2021-07-13 21:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Orbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.</p>\n<p><img src=\"https://static.tigerbbs.com/df700e33a39e4c926a5f47fe2917a75c\" tg-width=\"1286\" tg-height=\"602\" referrerpolicy=\"no-referrer\">Orbsat Corp, a global provider of IoT and connectivity solutions through next-generation satellite technology, today announced that its Global Telesat Communications (GTC) unit has entered into an agreement with Alibaba.com, the B2B (Business-to-Business) e-commerce website owned and operated by Alibaba Group Holding Limited, also known as Alibaba Group (NYSE: BABA; HKEX: 9988), a Chinese multinational technology company specializing in e-commerce, retail, internet, and technology. GTC will be a Gold- Supplier on Alibaba.com, the world's largest Business-to-Business (B2B) e-commerce website.</p>\n<p>\"With our launch on Alibaba.com, the world's largest B2B platform, we are significantly accelerating our global expansion plans, expanding, and deepening our e-commerce reach into nearly every country. This will allow us to better serve the needs of our enterprise customers across the world,\" said Charles M. Fernandez, Chairman and CEO of Orbsat. \"There has been explosive growth in online shopping due to the pandemic as businesses and consumers around the world embrace e-commerce. Long-term, we believe that e-commerce will be the preferred channel for businesses and consumers seeking to research and purchase our satellite IoT and connectivity products and services. We also intend to secure new integration alliances including joint commerce structures with additional connectivity partners such as those in the CubeSat space which can leverage our expanded e-commerce platforms and ground station-based infrastructure.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"éæéå·“å·“"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152442565","content_text":"Orbsat CorpĀ sharesĀ jumpsĀ nearlyĀ 100%Ā inĀ earlyĀ trading,asĀ the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.\nOrbsat Corp, a global provider of IoT and connectivity solutions through next-generation satellite technology, today announced that its Global Telesat Communications (GTC) unit has entered into an agreement with Alibaba.com, the B2B (Business-to-Business) e-commerce website owned and operated by Alibaba Group Holding Limited, also known as Alibaba Group (NYSE: BABA; HKEX: 9988), a Chinese multinational technology company specializing in e-commerce, retail, internet, and technology. GTC will be a Gold- Supplier on Alibaba.com, the world's largest Business-to-Business (B2B) e-commerce website.\n\"With our launch on Alibaba.com, the world's largest B2B platform, we are significantly accelerating our global expansion plans, expanding, and deepening our e-commerce reach into nearly every country. This will allow us to better serve the needs of our enterprise customers across the world,\" said Charles M. Fernandez, Chairman and CEO of Orbsat. \"There has been explosive growth in online shopping due to the pandemic as businesses and consumers around the world embrace e-commerce. Long-term, we believe that e-commerce will be the preferred channel for businesses and consumers seeking to research and purchase our satellite IoT and connectivity products and services. We also intend to secure new integration alliances including joint commerce structures with additional connectivity partners such as those in the CubeSat space which can leverage our expanded e-commerce platforms and ground station-based infrastructure.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032622164,"gmtCreate":1647357991272,"gmtModify":1676534220438,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>??","listText":"<a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>??","text":"$SoFi Technologies Inc.(SOFI)$??","images":[{"img":"https://community-static.tradeup.com/news/00514291addc82cd5aa4e3dc2d56fd37","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032622164","isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583106134648492","authorId":"3583106134648492","name":"Frosty4ever","avatar":"https://community-static.tradeup.com/news/58fdf90023b13bdabb45b46bb0d645e1","crmLevel":3,"crmLevelSwitch":1,"idStr":"3583106134648492","authorIdStr":"3583106134648492"},"content":"same same","text":"same same","html":"same same"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9037587079,"gmtCreate":1648138014228,"gmtModify":1676534308786,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TME\">$Tencent Music(TME)$</a>š","listText":"<a href=\"https://ttm.financial/S/TME\">$Tencent Music(TME)$</a>š","text":"$Tencent Music(TME)$š","images":[{"img":"https://community-static.tradeup.com/news/0f9adcebf8bb11c4fac57f5df6b408d7","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037587079","isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9038108682,"gmtCreate":1646753946801,"gmtModify":1676534158554,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SQ\">$Block(SQ)$</a>been DCA-Ing since I first bought itat $280..","listText":"<a href=\"https://ttm.financial/S/SQ\">$Block(SQ)$</a>been DCA-Ing since I first bought itat $280..","text":"$Block(SQ)$been DCA-Ing since I first bought itat $280..","images":[{"img":"https://static.itradeup.com/news/d1da6f59345b4e854ea8166d770c14a8","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038108682","isVote":1,"tweetType":1,"viewCount":482,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4095290035440230","authorId":"4095290035440230","name":"drandy","avatar":"https://static.tigerbbs.com/9c3b0d3ef013fc8f24f03b7e33f60e76","crmLevel":4,"crmLevelSwitch":1,"idStr":"4095290035440230","authorIdStr":"4095290035440230"},"content":"analysts' target price is abt 188. if/when it hits that, it's jackpot for u, bro! [Like]","text":"analysts' target price is abt 188. if/when it hits that, it's jackpot for u, bro! [Like]","html":"analysts' target price is abt 188. if/when it hits that, it's jackpot for u, bro! [Like]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9981819558,"gmtCreate":1666454322374,"gmtModify":1676537757882,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$</a>š","listText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$</a>š","text":"$Meta Platforms, Inc.(META)$š","images":[{"img":"https://community-static.tradeup.com/news/aeeb80121dbdcf2ab53f12a37b01e09c","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9981819558","isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9012517860,"gmtCreate":1649353430131,"gmtModify":1676534496900,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/LMND\">$Lemonade, Inc.(LMND)$</a>š„²","listText":"<a href=\"https://ttm.financial/S/LMND\">$Lemonade, Inc.(LMND)$</a>š„²","text":"$Lemonade, Inc.(LMND)$š„²","images":[{"img":"https://community-static.tradeup.com/news/2b856b8f8f69f05b65de556aa707322e","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012517860","isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9037587338,"gmtCreate":1648138039675,"gmtModify":1676534308786,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>šŖš»","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$</a>šŖš»","text":"$NIO Inc.(NIO)$šŖš»","images":[{"img":"https://community-static.tradeup.com/news/eebf266ceb17bc5430afb96e4fe7b93e","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037587338","isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9031289898,"gmtCreate":1646581522117,"gmtModify":1676534140969,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TME\">$Tencent Music(TME)$</a>??","listText":"<a href=\"https://ttm.financial/S/TME\">$Tencent Music(TME)$</a>??","text":"$Tencent Music(TME)$??","images":[{"img":"https://static.itradeup.com/news/44cfa0db86c5b8d7b2b01c2187e011bd","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031289898","isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":140226215,"gmtCreate":1625663082137,"gmtModify":1703745869601,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/140226215","repostId":"2149397835","repostType":4,"repost":{"id":"2149397835","pubTimestamp":1625662620,"share":"https://ttm.financial/m/news/2149397835?lang=&edition=fundamental","pubTime":"2021-07-07 20:57","market":"hk","language":"en","title":"Has Xpeng's dual primary listing set the stage for homecoming by more US-listed Chinese tech firms?","url":"https://stock-news.laohu8.com/highlight/detail?id=2149397835","media":"South China Morning Post","summary":"The trading debut of Xpeng's US$1.8 billion initial public offering (IPO) in Hong Kong kicked off a ","content":"<p>The trading debut of Xpeng's US$1.8 billion initial public offering (IPO) in Hong Kong kicked off a day after Beijing announced a new set of rules for companies looking to raise capital on overseas exchanges.</p>\n<p>The stock opened on Wednesday 1.8 per cent higher at HK$168 before ending the day flat at its IPO price of HK$165. Xpeng has, however, become the first company with a weighted voting rights (WVRs) structure to choose Hong Kong as its second home jurisdiction in a dual primary listing, setting an example for other similarly structured US-listed Chinese technology companies despite a sell-off in Chinese technology stocks in the city in the aftermath of Beijing's latest crackdown.</p>\n<p>\"A dual listing in Hong Kong provides US-listed Chinese issuers with an option to mitigate geopolitical tensions between the US and China,\" said Brian Gu, Xpeng's vice-chairman and president.</p>\n<p>Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.</p>\n<p>The Xpeng IPO will boost the Hong Kong bourse's ongoing drive to attract mainland China's technology innovators through dual primary listings. Reinforcing its role as the fundraising hub helping such mainland companies achieve Chinese President Xi Jinping's \"Made in China 2025\" industrial master plan means lucrative business for the Hong Kong stock exchange.</p>\n<p>Moreover, Beijing wants home-grown carmakers to command 80 per cent of China's electric vehicle (EV) market by 2025. And by carrying out its dual primary listing, Guangzhou-based Xpeng has shown other US-listed Chinese EV makers, NIO and Li Auto, how to navigate the new set of listing rules - introduced in April 2018 as part of a sweeping reform by the Hong Kong exchange - to list closer to home and hedge against the risks posed by a worsening US-China technology rivalry.</p>\n<p>Xpeng's Gu, who was the chairman of JPMorgan's Asia-Pacific Investment Banking business before joining the start-up in March 2018, is no stranger to Nicolas Aguzin, the new CEO of bourse operator Hong Kong Exchanges and Clearing (HKEX), himself a veteran JPMorgan banker. A successful dual primary listing by a Chinese company with WVRs could open the floodgates for the exchange, a win-win outcome for both former bankers.</p>\n<p>The local exchange will also benefit from Beijing's latest crackdown. The shares of Hong Kong Exchanges and Clearing rose 5.3 per cent to HK$$491 on Wednesday, as investors bet on the city Hong Kong benefiting from China's new listing rules.</p>\n<p>Xpeng's dual primary listing will not only allow it to expand its investor base to mainland China through Hong Kong, it will also subject it to a level of regulatory scrutiny on a par with the US, its first listing location.</p>\n<p>To be sure, the EV maker is not the first issuer to conduct a dual primary listing in the city. That honour goes to Nasdaq-listed pharmaceutical company BeiGene, which raised US$903 million in August 2018 in Hong Kong. But Xpeng made use of a new listing chapter introduced in April 2018 specifically designed for WVR companies to complete its dual primary listing.</p>\n<p>A WVRs structure confers founders and management of a company with more voting power than general investors. While Alibaba Group Holding, which owns this newspaper, and Baidu also have such structures, both chose a secondary listing in Hong Kong, which exempts issuers from full compliance with the city's listing rules and but offer a faster route to an IPO and a listing. It would take just three months for a secondary listing issuer from filing an application to listing, compared to an average of 180 to 200 days for a primary listing.</p>\n<p>To qualify for a secondary listing, a Chinese issuer needs to have a track record of at least two full financial years of good compliance with a US exchange. Xpeng, which listed on the New York Stock Exchange last August, falls short of that and so a secondary listing was not an option.</p>\n<p>And while there is more paperwork involved, the biggest reward for a dual primary listing lies in a potential inclusion into the stock connects, mutual market access mechanisms that allow mainland Chinese investors in Shanghai and Shenzhen to trade Hong Kong stocks, and vice versa.</p>\n<p>\"If we had qualified for a secondary listing and chosen to list via that avenue, we wouldn't have been able to capture investors from China,\" said Gu, adding that he remained confident that Xpeng's market capitalisation - HK$280 billion (US$36 billion) at the time of listing based on its IPO offer price of HK$165 - will eventually qualify it for an inclusion.</p>\n<p>In September last year, BeiGene was also included in the stock connect, less than a year after its Hong Kong listing. Such inclusion is off-limits to companies listed through a secondary flotation.</p>\n<p>Inclusion in the stock connects is significant because, for instance, the average daily trading value of the Shanghai southbound stock connect, which represents flows from mainland investors trading Hong Kong via the Shanghai bourse, totalled HK$13.1 billion last year, rising to HK$16.7 billion in June.</p>\n<p>On the downside to a dual primary listing, applicants cannot enjoy a range of automatic waivers available to secondary listing companies. These waivers include, for example, exemption from the need for issuers to establish audit and pay committees, or the need to submit a profit forecast to the exchange during the vetting process.</p>\n<p>\"The Hong Kong bourse is proven to be the natural choice for homecoming listings. It is expected that more US-listed Chinese companies will follow suit,\" Irene Chu, a partner at KPMG, said in a recent report on the global IPO market.</p>\n<p>Moreover, all shares listed in Hong Kong are fungible, or interchangeable, with American depositary shares. Such fungibility is off-limits to Chinese exchanges because of China's capital controls.</p>\n<p>For the more than 200 Chinese companies listed in the US, the signing of the Holding Foreign Companies Accountable Act into law has heightened the risk of delisting if they fail to comply with US auditing rules.</p>\n<p>\"There are still many US-listed Chinese companies that are weighing a plan B to hedge against the risk of delisting,\" said Bruce Pang, head of macro, strategy research at China Renaissance. \"A dual primary listing represents HKEX's move to give more options to these companies, to provide a backstop to their existing US investors.\"</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>Has Xpeng's dual primary listing set the stage for homecoming by more US-listed Chinese tech firms?</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\">\nHas Xpeng's dual primary listing set the stage for homecoming by more US-listed Chinese tech firms?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-07 20:57 GMT+8 <a href=https://finance.yahoo.com/news/xpengs-dual-primary-listing-set-093000270.html><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The trading debut of Xpeng's US$1.8 billion initial public offering (IPO) in Hong Kong kicked off a day after Beijing announced a new set of rules for companies looking to raise capital on overseas ...</p>\n\n<a href=\"https://finance.yahoo.com/news/xpengs-dual-primary-listing-set-093000270.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"å°é¹ę±½č½¦","06160":"ē¾ęµē„å·"},"source_url":"https://finance.yahoo.com/news/xpengs-dual-primary-listing-set-093000270.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2149397835","content_text":"The trading debut of Xpeng's US$1.8 billion initial public offering (IPO) in Hong Kong kicked off a day after Beijing announced a new set of rules for companies looking to raise capital on overseas exchanges.\nThe stock opened on Wednesday 1.8 per cent higher at HK$168 before ending the day flat at its IPO price of HK$165. Xpeng has, however, become the first company with a weighted voting rights (WVRs) structure to choose Hong Kong as its second home jurisdiction in a dual primary listing, setting an example for other similarly structured US-listed Chinese technology companies despite a sell-off in Chinese technology stocks in the city in the aftermath of Beijing's latest crackdown.\n\"A dual listing in Hong Kong provides US-listed Chinese issuers with an option to mitigate geopolitical tensions between the US and China,\" said Brian Gu, Xpeng's vice-chairman and president.\nDo you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge, our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team.\nThe Xpeng IPO will boost the Hong Kong bourse's ongoing drive to attract mainland China's technology innovators through dual primary listings. Reinforcing its role as the fundraising hub helping such mainland companies achieve Chinese President Xi Jinping's \"Made in China 2025\" industrial master plan means lucrative business for the Hong Kong stock exchange.\nMoreover, Beijing wants home-grown carmakers to command 80 per cent of China's electric vehicle (EV) market by 2025. And by carrying out its dual primary listing, Guangzhou-based Xpeng has shown other US-listed Chinese EV makers, NIO and Li Auto, how to navigate the new set of listing rules - introduced in April 2018 as part of a sweeping reform by the Hong Kong exchange - to list closer to home and hedge against the risks posed by a worsening US-China technology rivalry.\nXpeng's Gu, who was the chairman of JPMorgan's Asia-Pacific Investment Banking business before joining the start-up in March 2018, is no stranger to Nicolas Aguzin, the new CEO of bourse operator Hong Kong Exchanges and Clearing (HKEX), himself a veteran JPMorgan banker. A successful dual primary listing by a Chinese company with WVRs could open the floodgates for the exchange, a win-win outcome for both former bankers.\nThe local exchange will also benefit from Beijing's latest crackdown. The shares of Hong Kong Exchanges and Clearing rose 5.3 per cent to HK$$491 on Wednesday, as investors bet on the city Hong Kong benefiting from China's new listing rules.\nXpeng's dual primary listing will not only allow it to expand its investor base to mainland China through Hong Kong, it will also subject it to a level of regulatory scrutiny on a par with the US, its first listing location.\nTo be sure, the EV maker is not the first issuer to conduct a dual primary listing in the city. That honour goes to Nasdaq-listed pharmaceutical company BeiGene, which raised US$903 million in August 2018 in Hong Kong. But Xpeng made use of a new listing chapter introduced in April 2018 specifically designed for WVR companies to complete its dual primary listing.\nA WVRs structure confers founders and management of a company with more voting power than general investors. While Alibaba Group Holding, which owns this newspaper, and Baidu also have such structures, both chose a secondary listing in Hong Kong, which exempts issuers from full compliance with the city's listing rules and but offer a faster route to an IPO and a listing. It would take just three months for a secondary listing issuer from filing an application to listing, compared to an average of 180 to 200 days for a primary listing.\nTo qualify for a secondary listing, a Chinese issuer needs to have a track record of at least two full financial years of good compliance with a US exchange. Xpeng, which listed on the New York Stock Exchange last August, falls short of that and so a secondary listing was not an option.\nAnd while there is more paperwork involved, the biggest reward for a dual primary listing lies in a potential inclusion into the stock connects, mutual market access mechanisms that allow mainland Chinese investors in Shanghai and Shenzhen to trade Hong Kong stocks, and vice versa.\n\"If we had qualified for a secondary listing and chosen to list via that avenue, we wouldn't have been able to capture investors from China,\" said Gu, adding that he remained confident that Xpeng's market capitalisation - HK$280 billion (US$36 billion) at the time of listing based on its IPO offer price of HK$165 - will eventually qualify it for an inclusion.\nIn September last year, BeiGene was also included in the stock connect, less than a year after its Hong Kong listing. Such inclusion is off-limits to companies listed through a secondary flotation.\nInclusion in the stock connects is significant because, for instance, the average daily trading value of the Shanghai southbound stock connect, which represents flows from mainland investors trading Hong Kong via the Shanghai bourse, totalled HK$13.1 billion last year, rising to HK$16.7 billion in June.\nOn the downside to a dual primary listing, applicants cannot enjoy a range of automatic waivers available to secondary listing companies. These waivers include, for example, exemption from the need for issuers to establish audit and pay committees, or the need to submit a profit forecast to the exchange during the vetting process.\n\"The Hong Kong bourse is proven to be the natural choice for homecoming listings. It is expected that more US-listed Chinese companies will follow suit,\" Irene Chu, a partner at KPMG, said in a recent report on the global IPO market.\nMoreover, all shares listed in Hong Kong are fungible, or interchangeable, with American depositary shares. Such fungibility is off-limits to Chinese exchanges because of China's capital controls.\nFor the more than 200 Chinese companies listed in the US, the signing of the Holding Foreign Companies Accountable Act into law has heightened the risk of delisting if they fail to comply with US auditing rules.\n\"There are still many US-listed Chinese companies that are weighing a plan B to hedge against the risk of delisting,\" said Bruce Pang, head of macro, strategy research at China Renaissance. \"A dual primary listing represents HKEX's move to give more options to these companies, to provide a backstop to their existing US investors.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155951386,"gmtCreate":1625371005545,"gmtModify":1703740927353,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155951386","repostId":"1188153141","repostType":4,"repost":{"id":"1188153141","pubTimestamp":1625276221,"share":"https://ttm.financial/m/news/1188153141?lang=&edition=fundamental","pubTime":"2021-07-03 09:37","market":"us","language":"en","title":"Suze Orman worries about a market crash ā here's what you should do","url":"https://stock-news.laohu8.com/highlight/detail?id=1188153141","media":"MoneyWise","summary":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for th","content":"<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.</p>\n<p>That clash has worried investing experts, including Suze Orman, who's gone so far as to say sheās now preparing for an inevitable market crash.</p>\n<p>And a famous measurement popularized by Warren Buffett ā known as the Buffett Indicator ā shows Orman might be onto something.</p>\n<p>Hereās an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.</p>\n<p><b>What does Suze Orman think?</b></p>\n<p><img src=\"https://static.tigerbbs.com/be8dc3ad363faad96bc575a22235562d\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Mediapunch/Shutterstock</p>\n<p>Suze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what sheās seeing happen with investment fads like GameStop has her concerned.</p>\n<p>āI donāt like what I see happening in the market right now,ā Orman said in a video for CNBC. āThe economy has been horrible, but the stock market has been going.ā</p>\n<p>While investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.</p>\n<p>And even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus ā especially as new variants continue to pop up.</p>\n<p>What's more, she feels itās just been too long since the last crash to stay this high much longer.</p>\n<p>āThis reminds me of 2000 all over again,ā Orman says.</p>\n<p><b>The Buffett Indicator</b></p>\n<p><img src=\"https://static.tigerbbs.com/44ada32ecadcc4581fed208f4f4e4d53\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Larry W Smith/EPA/Shutterstock</p>\n<p>One metric Warren Buffett uses to assess the market so regularly that itās been named after him has been flashing red for long enough that market watchers are starting to wonder if itās an outdated tool.</p>\n<p>But the Buffett Indicator, a measurement of the ratio of the stock marketās total value against U.S. economic output, continues to climb to previously unseen levels.</p>\n<p>And those in the know are wondering if it's a sign that weāre about to see a hard fall.</p>\n<p>How to prepare for a crash<img src=\"https://static.tigerbbs.com/1ad912a6b4611d9e39b46d2851c78c9e\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">Freedomz / Shutterstock</p>\n<p>Orman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.</p>\n<p><b>1. Buy low</b></p>\n<p>Part of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investorās interests.</p>\n<p>āAll of you have your heads screwed on backwards,ā she says. āAll you want is for these markets to go up and up and up. What good is that going to do you?ā</p>\n<p>She points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.</p>\n<p>Because you probably donāt plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.</p>\n<p><b>2. Invest on a schedule</b></p>\n<p><img src=\"https://static.tigerbbs.com/e4102f8a6d5002090743b1cbded32ef9\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">katjen / Shutterstock</p>\n<p>While she prefers to buy low, Orman doesnāt recommend you stop investing completely when the market goes up.</p>\n<p>She wants casual investors to not get caught up in the daily ups and downs of the market.</p>\n<p>In fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments ā like some lucky investors were able to do back in 2007 and 2008.</p>\n<p>āWhen the market went down, down, down you could buy things at nothing,ā says Orman. āAnd now look at them 15 years later.ā</p>\n<p>She suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the marketās fluctuations.</p>\n<p>This kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.</p>\n<p>There are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.</p>\n<p><b>3. Diversify with fractional shares</b></p>\n<p>To help weather dips in specific corners of the market, Orman suggests you diversify your investments ā balance your portfolio with investments in many different types of assets and sectors of the economy.</p>\n<p>Orman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldnāt be able to afford.</p>\n<p>With the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.</p>\n<p>āThe sooner you begin, the more money you will have,ā says Orman. āJust donāt stop, and when these markets go down, you should be so happy because your dollars find more shares.ā</p>\n<p>āAnd the more shares you have, the more money youāll have 20, 40, 50 years from now.ā</p>\n<p><b>What else you can do</b></p>\n<p><img src=\"https://static.tigerbbs.com/5e79c6fd1f8fa6e3a7c3a6c94f1e14b5\" tg-width=\"703\" tg-height=\"293\" referrerpolicy=\"no-referrer\">goodluz / Shutterstock</p>\n<p>Whether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.</p>\n<p>First, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.</p>\n<p>Then, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether thatās a 401(k) or IRA.</p>\n<p>That will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, arenāt taxed when you make contributions, so youāll end up paying later.</p>\n<p>If you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.</p>\n<p>While everyone else is veering off course or overcorrecting, youāll be firmly in the driverās seat with your sunset years planned for.</p>","source":"lsy1621813427262","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>Suze Orman worries about a market crash ā here's what you should do</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\">\nSuze Orman worries about a market crash ā here's what you should do\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 09:37 GMT+8 <a href=https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.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","SPY":"ę ę®500ETF",".DJI":"éē¼ęÆ",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/suze-orman-worries-market-crash-220000108.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188153141","content_text":"As stock markets continue setting records, fallout from COVID-19 continues to create problems for the economy.\nThat clash has worried investing experts, including Suze Orman, who's gone so far as to say sheās now preparing for an inevitable market crash.\nAnd a famous measurement popularized by Warren Buffett ā known as the Buffett Indicator ā shows Orman might be onto something.\nHereās an explanation of where the concern is coming from and some techniques you can use tokeep your investment portfolio growingeven if the market goes south.\nWhat does Suze Orman think?\nMediapunch/Shutterstock\nSuze Orman has avidly watched the market for decades. She knows ups and downs are to be expected, but what sheās seeing happen with investment fads like GameStop has her concerned.\nāI donāt like what I see happening in the market right now,ā Orman said in a video for CNBC. āThe economy has been horrible, but the stock market has been going.ā\nWhile investing is as easy now asusing a smartphone app, Orman is concerned about where we can go from these record highs.\nAnd even with stimulus checks, which are still going out, and the real estate market breaking its own records last year, Orman worries about what will come with the coronavirus ā especially as new variants continue to pop up.\nWhat's more, she feels itās just been too long since the last crash to stay this high much longer.\nāThis reminds me of 2000 all over again,ā Orman says.\nThe Buffett Indicator\nLarry W Smith/EPA/Shutterstock\nOne metric Warren Buffett uses to assess the market so regularly that itās been named after him has been flashing red for long enough that market watchers are starting to wonder if itās an outdated tool.\nBut the Buffett Indicator, a measurement of the ratio of the stock marketās total value against U.S. economic output, continues to climb to previously unseen levels.\nAnd those in the know are wondering if it's a sign that weāre about to see a hard fall.\nHow to prepare for a crashFreedomz / Shutterstock\nOrman has three recommendations for setting up a simple investment strategy to help you successfully navigate any sharp turns in the market.\n1. Buy low\nPart of what upsets Orman so much about the furor over meme stocks like GameStop is it goes completely against the average investorās interests.\nāAll of you have your heads screwed on backwards,ā she says. āAll you want is for these markets to go up and up and up. What good is that going to do you?ā\nShe points out the only extra money most people have goes towardinvesting for retirementin their 401(k) or IRA plans.\nBecause you probably donāt plan to touch that money for decades, the best long-term strategy is to buy low. That way, your dollar will go much further now, leaving plenty of room for growth over the next 20, 30 or 40 years.\n2. Invest on a schedule\nkatjen / Shutterstock\nWhile she prefers to buy low, Orman doesnāt recommend you stop investing completely when the market goes up.\nShe wants casual investors to not get caught up in the daily ups and downs of the market.\nIn fact, cheering for downturns now may be your best bet at getting a larger piece of very profitable investments ā like some lucky investors were able to do back in 2007 and 2008.\nāWhen the market went down, down, down you could buy things at nothing,ā says Orman. āAnd now look at them 15 years later.ā\nShe suggests you set up a dollar-cost averaging strategy, which means you invest your money in equal portions at regular intervals, regardless of the marketās fluctuations.\nThis kind of approach is easy to implement with any of the many investing apps currently available to DIY investors.\nThere are even apps that willautomatically invest your spare changeby rounding up your debit and credit card purchases to the nearest dollar.\n3. Diversify with fractional shares\nTo help weather dips in specific corners of the market, Orman suggests you diversify your investments ā balance your portfolio with investments in many different types of assets and sectors of the economy.\nOrman particularly recommends fractional-share investing. This approach allows you to buy a slice of a share for a big-name company that you otherwise wouldnāt be able to afford.\nWith the help of apopular stock-trading tool, anyone at any budget can afford the fractional share strategy.\nāThe sooner you begin, the more money you will have,ā says Orman. āJust donāt stop, and when these markets go down, you should be so happy because your dollars find more shares.ā\nāAnd the more shares you have, the more money youāll have 20, 40, 50 years from now.ā\nWhat else you can do\ngoodluz / Shutterstock\nWhether or not a big crash is around the corner, investors who are still decades out from retirement can make that work for them, Orman said in theCNBC video.\nFirst, prepare for the worst and hope for the best. Since the onset of the pandemic, Orman now recommends everyone have an emergency fund that can cover their expenses for a full year.\nThen, to set yourself up fora comfortable retirement, she suggests you opt for a Roth account, whether thatās a 401(k) or IRA.\nThat will help you avoid paying tax when you take money out of your retirement account because your contributions to a Roth account are made after tax. Traditional IRAs, on the other hand, arenāt taxed when you make contributions, so youāll end up paying later.\nIf you find you need a little more guidance, working with aprofessional financial adviser, can help point you in the right direction so you can confidently ride out any market volatility.\nWhile everyone else is veering off course or overcorrecting, youāll be firmly in the driverās seat with your sunset years planned for.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155953680,"gmtCreate":1625370966840,"gmtModify":1703740924743,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578478831461861","authorIdStr":"3578478831461861"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155953680","repostId":"1160702483","repostType":4,"repost":{"id":"1160702483","pubTimestamp":1625369888,"share":"https://ttm.financial/m/news/1160702483?lang=&edition=fundamental","pubTime":"2021-07-04 11:38","market":"us","language":"en","title":"Two new stock market acronyms ā FOLO and YOMO ā can save you a lot of grief (and money)","url":"https://stock-news.laohu8.com/highlight/detail?id=1160702483","media":"MarketWatch","summary":"When stock market investing gets too easy, consider getting out of the market.\n\nYouāve probably hear","content":"<blockquote>\n <b>When stock market investing gets too easy, consider getting out of the market.</b>\n</blockquote>\n<p>Youāve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word āstocksā included, and hereās what I found:</p>\n<p><img src=\"https://static.tigerbbs.com/4416d357ac2bc16d4fdcf60a3c4c3c56\" tg-width=\"916\" tg-height=\"463\"></p>\n<p>I have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:</p>\n<p>FOLO (fear of living once) and YOMO (you only miss out).</p>\n<p>Hereās a story Iāve told about how things can go wrong even when youāre think youāre trading well and outperforming the markets seems easy.</p>\n<p>Return to 2004</p>\n<p>It was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. Iād come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which Iād first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) Iād made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.</p>\n<p>As 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.</p>\n<p>In the last week of January, the markets turned south and the highest-flying winners of the year, like those that Iād just sold down and taken huge profits on, were the hardest hit. Iād previously learned the hard way over the years that you should never confuse a bull market with genius, but Iād even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrieās classic, āStay a little longerā chuckling about how Iād left before the party was busted!</p>\n<p>By early February, I was āonlyā up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks Iād so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.</p>\n<p>Here I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.</p>\n<p>By the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed āNortel admits fraud; Major telecom equipment vendors under investigationā or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.</p>\n<p>I spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.</p>\n<p>Lesson of the week ā do not dig yourself a hole, OK?</p>\n<p>Foreshadowing</p>\n<p>Hereās something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: āConcerned about complacencyā (May 3, 2007).</p>\n<p>Hereās an excerpt:</p>\n<p><i>Iām worried. Thatās no news flash, as Iām always worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season weāre experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.</i></p>\n<p><i>Just about everybody is long real estate. ā¦ Wasnāt almost every rationalization for why we shouldnāt fret about any real estate bubble true when real estate crashed the last few times?</i></p>\n<p><i>Last month, the IMF reported that āthe global economy remains on track for robust growth in 2007 and 2008. ā¦ Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006 World Economic Outlook.ā Has the IMF ever gotten the outlook right?</i></p>\n<p><i>This utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: āWorries ā the market is running out of major concerns.ā Not surprisingly, I suppose, Iām going to flip that statement as I find I have more major concerns about the market and economy today than Iāve had at any point in the past five years.</i></p>\n<p><i>A Citi board member recently told me that I had a ālot of gutsā for having launched a tech fund in October 2002. I think youād have to have a lot of guts to launch a tech fund in May 2007! Iām focusing more on the short side than anything else right now.</i></p>\n<p>Beware when things are too easy</p>\n<p>Cody back in real time, 2021. Iām not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.</p>\n<p>And all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.</p>\n<p>That story above about Nortel: Iām here to tell you that you wonāt always get a chance to sell when the charts stop working. You donāt always get a chance to lock in your gains while you think itās easy.</p>\n<p>Iāve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. Thatās often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.</p>\n<p>I have a new name or two Iām digging hard into this week, one in AI and another thatās trying to revolutionize long-term gig employment trends. Until then, Iām staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Two new stock market acronyms ā FOLO and YOMO ā can save you a lot of grief (and money)</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\">\nTwo new stock market acronyms ā FOLO and YOMO ā can save you a lot of grief (and money)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-04 11:38 GMT+8 <a href=https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When stock market investing gets too easy, consider getting out of the market.\n\nYouāve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only ...</p>\n\n<a href=\"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"éē¼ęÆ","SPY":"ę ę®500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160702483","content_text":"When stock market investing gets too easy, consider getting out of the market.\n\nYouāve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word āstocksā included, and hereās what I found:\n\nI have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:\nFOLO (fear of living once)Ā and YOMO (you only miss out).\nHereās a story Iāve told about how things can go wrong even when youāre think youāre trading well and outperforming the markets seems easy.\nReturn to 2004\nIt was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. Iād come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which Iād first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) Iād made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.\nAs 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.\nIn the last week of January, the markets turned south and the highest-flying winners of the year, like those that Iād just sold down and taken huge profits on, were the hardest hit. Iād previously learned the hard way over the years that you should never confuse a bull market with genius, but Iād even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrieās classic, āStay a little longerā chuckling about how Iād left before the party was busted!\nBy early February, I was āonlyā up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks Iād so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.\nHere I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.\nBy the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed āNortel admits fraud; Major telecom equipment vendors under investigationā or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.\nI spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.\nLesson of the week ā do not dig yourself a hole, OK?\nForeshadowing\nHereās something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: āConcerned about complacencyā (May 3, 2007).\nHereās an excerpt:\nIām worried. Thatās no news flash, as IāmĀ alwaysĀ worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season weāre experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.\nJust about everybody is long real estate. ā¦ Wasnāt almost every rationalization for why we shouldnāt fret about any real estate bubble true when real estate crashed the last few times?\nLast month, the IMF reported that āthe global economy remains on track for robust growth in 2007 and 2008. ā¦ Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006Ā World Economic Outlook.ā Has the IMF ever gotten the outlook right?\nThis utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: āWorries āĀ the market is running out of major concerns.ā Not surprisingly, I suppose, Iām going toĀ flipĀ that statement as I find I have more major concerns about the market and economy today than Iāve had at any point in the past five years.\nAĀ CitiĀ board member recently told me that I had a ālot of gutsā for having launched a tech fund in October 2002. I think youād have to have a lot of guts to launch a tech fund in May 2007! Iām focusing more on the short side than anything else right now.\nBeware when things are too easy\nCodyĀ back in real time, 2021. Iām not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.\nAnd all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.\nThat story above about Nortel: Iām here to tell you that you wonāt always get a chance to sell when the charts stop working. You donāt always get a chance to lock in your gains while you think itās easy.\nIāve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. Thatās often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.\nI have a new name or two Iām digging hard into this week, one in AI and another thatās trying to revolutionize long-term gig employment trends. Until then, Iām staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}