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2023-03-02

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2023-03-02

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S&P, Nasdaq Weak As Manufacturing Stokes Fed Concerns

2023-03-02

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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1677711956,"share":"https://ttm.financial/m/news/2316241106?lang=en_US&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&amp;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&#39;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>&#34;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,&#34; 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>&#34;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,&#34; 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&amp;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 &#34;open-minded&#34; 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 &#34;well into 2024&#34; 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&#39;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&amp;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&amp;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&#39;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>&#34;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,&#34; 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>&#34;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,&#34; 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&amp;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 &#34;open-minded&#34; 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 &#34;well into 2024&#34; 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&#39;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&amp;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":"标普500","513500":"标普500ETF博时",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","BK4559":"巴菲特持仓","BK4504":"桥水持仓","BK4550":"红杉资本持仓",".SPX":"S&P 500 Index","BK4568":"美国抗疫概念","BK4588":"碎股","SPXU":"三倍做空标普500ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","NVAX":"诺瓦瓦克斯医药","DDM":"2倍做多道指ETF-ProShares","SH":"做空标普500-Proshares","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","BK4581":"高盛持仓","SSO":"2倍做多标普500ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","DJX":"1/100道琼斯","DOG":"道指ETF-ProShares做空","OEX":"标普100","UDOW":"三倍做多道指30ETF-ProShares","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","IVV":"标普500ETF-iShares","SDS":"两倍做空标普500 ETF-ProShares","BK4139":"生物科技","TSLA":"特斯拉"},"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; 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href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>🙃","text":"$Alibaba(BABA)$🙃","images":[{"img":"https://static.itradeup.com/news/582f7bdf43549a1ce7fc9074fe9d51f8","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9036153964","isVote":1,"tweetType":1,"viewCount":1691,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4094549885200800","authorId":"4094549885200800","name":"蒋小鱼","avatar":"https://community-static.tradeup.com/news/5fda6701a7cdcbb565c2e3e678fe2c08","crmLevel":8,"crmLevelSwitch":0,"authorIdStr":"4094549885200800","idStr":"4094549885200800"},"content":"Dca. Good to buy","text":"Dca. Good to buy","html":"Dca. Good to buy"},{"author":{"id":"3552874562834581","authorId":"3552874562834581","name":"Kel1","avatar":"https://static.tigerbbs.com/85967b7114ebaa24185158560185f10b","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3552874562834581","idStr":"3552874562834581"},"content":"Sam here. 70% red","text":"Sam here. 70% red","html":"Sam here. 70% red"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9038106041,"gmtCreate":1646754080044,"gmtModify":1676534158570,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578478831461861","idStr":"3578478831461861"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>[Spurting]&nbsp;","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>[Spurting]&nbsp;","text":"$Alibaba(BABA)$[Spurting]","images":[{"img":"https://static.itradeup.com/news/8276600c6b3ee416d48e36e716c57319","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038106041","isVote":1,"tweetType":1,"viewCount":1271,"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":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578478831461861","idStr":"3578478831461861"},"themes":[],"title":"","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 $280..","images":[{"img":"https://static.itradeup.com/news/d1da6f59345b4e854ea8166d770c14a8","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038108682","isVote":1,"tweetType":1,"viewCount":2036,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4095290035440230","authorId":"4095290035440230","name":"drandy","avatar":"https://static.tigerbbs.com/9c3b0d3ef013fc8f24f03b7e33f60e76","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"4095290035440230","idStr":"4095290035440230"},"content":"analysts' target price is abt 188. if/when it hits that, it's jackpot for u, bro! [Like]","text":"analysts' target price is abt 188. if/when it hits that, it's jackpot for u, bro! [Like]","html":"analysts' target price is abt 188. if/when it hits that, it's jackpot for u, bro! [Like]"}],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":9036153964,"gmtCreate":1647019126881,"gmtModify":1676534188278,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578478831461861","idStr":"3578478831461861"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>🙃","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>🙃","text":"$Alibaba(BABA)$🙃","images":[{"img":"https://static.itradeup.com/news/582f7bdf43549a1ce7fc9074fe9d51f8","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/9036153964","isVote":1,"tweetType":1,"viewCount":1691,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4094549885200800","authorId":"4094549885200800","name":"蒋小鱼","avatar":"https://community-static.tradeup.com/news/5fda6701a7cdcbb565c2e3e678fe2c08","crmLevel":8,"crmLevelSwitch":0,"authorIdStr":"4094549885200800","idStr":"4094549885200800"},"content":"Dca. Good to buy","text":"Dca. Good to buy","html":"Dca. 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AB(OTLY)$🙃","images":[{"img":"https://community-static.tradeup.com/news/34e06d62fd18dd0e9ae2704e6d48c3b5","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9917607859","isVote":1,"tweetType":1,"viewCount":4437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9032628605,"gmtCreate":1647357733775,"gmtModify":1676534220391,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578478831461861","idStr":"3578478831461861"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>DCA-ed since I first bought it at $230++...","listText":"<a href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a>DCA-ed since I first 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AB(OTLY)$??","images":[{"img":"https://static.itradeup.com/news/a821c02f38862dec3b93a53db3ef69b2","width":"828","height":"1632"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031283034","isVote":1,"tweetType":1,"viewCount":1095,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":145054891,"gmtCreate":1626184346913,"gmtModify":1703755032392,"author":{"id":"3578478831461861","authorId":"3578478831461861","name":"Bobbinpins","avatar":"https://static.itradeup.com/news/a4e32d754ab8fb47fc21098b2a1324f0","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578478831461861","idStr":"3578478831461861"},"themes":[],"title":"","htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145054891","repostId":"1152442565","repostType":4,"repost":{"id":"1152442565","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1626183960,"share":"https://ttm.financial/m/news/1152442565?lang=en_US&edition=fundamental","pubTime":"2021-07-13 21:46","market":"us","language":"en","title":"Orbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.","url":"https://stock-news.laohu8.com/highlight/detail?id=1152442565","media":"Tiger Newspress","summary":"Orbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications","content":"<p>Orbsat Corp&nbsp;shares&nbsp;jumps&nbsp;nearly&nbsp;100%&nbsp;in&nbsp;early&nbsp;trading,as&nbsp;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>","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&nbsp;shares&nbsp;jumps&nbsp;nearly&nbsp;100%&nbsp;in&nbsp;early&nbsp;trading,as&nbsp;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":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152442565","content_text":"Orbsat Corp shares jumps nearly 100% in early trading,as 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,"symbols_score_info":{"BABA":0.9,"OSAT":0.9}},"isVote":1,"tweetType":1,"viewCount":784,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}