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2023-03-18

Noted

Are Banks on the Edge of Another 2008-Style Precipice?

2023-03-18

Noted

Wall Street Ends Sharply Lower on Bank Contagion Fears

2023-03-18

Noted

U.S. Weekly Review: Stock Market Diverges Amid Bank Woes, Growth Gains; First Republic, Credit Suisse, Meta In Focus

2023-03-18

Noted

What It May Take to Calm Banking Sector Jitters: Time, and a Fed Rate Hike

2023-03-17

Noted

Credit Suisse Jumped 5% as Swiss Central Bank Throws Financial Lifeline

2023-03-17

Noted

First Republic Extends Plunge as Bank Said to Weigh Options

2023-03-17

Noted

JPMorgan, Morgan Stanley and Others in Talks to Bolster First Republic

2023-03-17

Noted

Tech Stocks Appear to Be a Haven From the Banking Crisis, for Now

2023-03-17

Noted

First Republic Goes From Wall Street Raider to Seller in Days

2023-03-16

Noted

3 Stocks to Buy for a Massive Short-Squeeze Rally

2023-03-16

Noted

72 Hours in Washington: How the Frenzied SVB Rescue Took Shape

2023-03-15

Noted

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

2023-03-15

Noted

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

2023-03-14

Noted

Why JPMorgan Is a Haven in the Banking Crisis Storm

2023-03-14

Noted

Sorry, the original content has been removed

2023-03-12

Notes

Short Sellers Make $500 Million on SVB’s Demise. Collecting Won’t Be Easy

2023-03-11

Noted

Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023

2023-03-11

Noted

US STOCKS-Wall St Sinks on Jitters About Banks After Mixed Jobs Report

2023-03-11

Noted

Banking Regulators Shutter SVB, Collapse Unnerves Investors

2023-03-09

Noted

Fed Still up in the Air on Whether to Accelerate Rate Hikes, Powell Says

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09:50","market":"us","language":"en","title":"Are Banks on the Edge of Another 2008-Style Precipice?","url":"https://stock-news.laohu8.com/highlight/detail?id=1126461227","media":"Financial Times","summary":"Bearish nerves seem to be winning right now — despite good reasons to hope notUS bank shares are dow","content":"<html><head></head><body><p>Bearish nerves seem to be winning right now — despite good reasons to hope not</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51ea2dddf4011084e557bd147c970adf\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/><span>US bank shares are down 17% over the past fortnight © Brendan McDermid/Reuters</span></p><p>Northern Rock, Bear Stearns, Countrywide Financial and Alliance &amp; Leicester. Back in late 2007 and early 2008, when they all failed or were rescued, none of the above was systemically important. And few observers would have predicted the nightmarish crisis that was to strike within the year, felling behemoths from Wall Street’s venerable Lehman Brothers to Royal Bank of Scotland, then the biggest bank in the world.</p><p>Fifteen years later, after a week in which four banks — Silicon Valley Bank, Signature and First Republic in the US, and Credit Suisse in Europe — teetered and were propped up in one way or another, it is no wonder that investors are questioning whether we are facing 2007-style problems that could soon spiral into another full-blown 2008-style disaster.</p><p>There are good reasons to hope not. The primary causes of the 2008 crisis — a glut of poor-quality subprime mortgages that had been spread round the world via derivatives on to the balance sheets of poorly capitalised banks — do not apply in 2023. Credit quality remains decent. And bank capital is two to three times stronger than it was a decade and a half ago.</p><p>Such reassurances have felt empty though in the face of the market panic afflicting bank shares. European banks are down by an average of 19 per cent in a fortnight; US banks by 17 per cent. On Wednesday Credit Suisse shares slumped by 30 per cent intraday, recovering only after central bank intervention.</p><p>Markets were not exactly calm by the end of the week but they had stabilised somewhat. This came after CS made use of a $54bn “bazooka” liquidity intervention by the Swiss National Bank, while the risk of US bank runs was offset by deposit guarantees, new Federal Reserve liquidity facilities and a Wall Street whipround.</p><p>Of course such interventions were not supposed to be necessary after the drama of 2008. The vast package of post-crisis regulatory reforms was designed to ensure there could be no repeat of the domino collapses of banks on both sides of the Atlantic. New minimum levels of equity capital were devised, regulatory stress tests were introduced and liquidity ratios were toughened, dictating that more ready funds should be available to meet customer withdrawal requests.</p><p>This week’s problems in the US were explicitly caused by a failure there to apply these rules to anything other than the eight biggest banks. SVB was brought to its knees by a combination of poor interest rate risk management and lax regulatory oversight, leaving it vulnerable to a run on deposit withdrawals.</p><p>A similar phenomenon afflicted Signature, a crypto-focused bank, hours later. First Republic, another regional bank, became a particular target after panicked investors realised it would not benefit from the special Federal Reserve funding vehicle launched in the wake of SVB’s failure, because it lacked the requisite collateral to tap the scheme.</p><p>As investors looked for victims in Europe, attention settled on Credit Suisse, long seen as the region’s weakest big bank. It shares little or no common ground with SVB — its regulatory oversight is robust, its interest rate risk is hedged. But it has been accident-prone and slow to restructure. A decade or more of bad management and scandals has left the group’s reputation severely tarnished — a particularly bad thing when much of your business model rests on persuading billionaires to entrust their wealth to you. At the same time longstanding shareholders have deserted the bank to be replaced with unhelpful new ones.</p><p>There is even less fundamental reason to distrust the viability of European banks more broadly. Credit losses are low, capital levels are strong and they have come through stress tests.</p><p>But this bullish assessment is still being trumped by bearish nerves — and some logic. Central bank efforts to tame inflation will produce recessionary pressures, pushing banks’ loan losses higher and potentially eating into capital buffers. At the same time unexpected damage may be inflicted on less regulated, but similarly important, parts of the financial system that have got used to ultra-low interest rates, possibly including pensions, private equity and hedge funds. The gilts crisis in the UK pensions market last autumn was a warning sign of such risks.</p><p>Even if the chances of another full-blown financial meltdown are low, our ability to deal with it may be less. Back in 2008, policymakers were able to slash interest rates, launch quantitative easing and flood the banks with rescue capital and liquidity. With government balance sheets today far more stretched, and interest rates needing to rise to combat inflation, the weaponry at their disposal is dangerously diminished.</p></body></html>","source":"lsy1580170736413","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>Are Banks on the Edge of Another 2008-Style Precipice?</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\">\nAre Banks on the Edge of Another 2008-Style Precipice?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-18 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/b579e2b1-0b9c-49ec-ba28-6834a20b690d><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bearish nerves seem to be winning right now — despite good reasons to hope notUS bank shares are down 17% over the past fortnight © Brendan McDermid/ReutersNorthern Rock, Bear Stearns, Countrywide ...</p>\n\n<a href=\"https://www.ft.com/content/b579e2b1-0b9c-49ec-ba28-6834a20b690d\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.ft.com/content/b579e2b1-0b9c-49ec-ba28-6834a20b690d","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126461227","content_text":"Bearish nerves seem to be winning right now — despite good reasons to hope notUS bank shares are down 17% over the past fortnight © Brendan McDermid/ReutersNorthern Rock, Bear Stearns, Countrywide Financial and Alliance & Leicester. Back in late 2007 and early 2008, when they all failed or were rescued, none of the above was systemically important. And few observers would have predicted the nightmarish crisis that was to strike within the year, felling behemoths from Wall Street’s venerable Lehman Brothers to Royal Bank of Scotland, then the biggest bank in the world.Fifteen years later, after a week in which four banks — Silicon Valley Bank, Signature and First Republic in the US, and Credit Suisse in Europe — teetered and were propped up in one way or another, it is no wonder that investors are questioning whether we are facing 2007-style problems that could soon spiral into another full-blown 2008-style disaster.There are good reasons to hope not. The primary causes of the 2008 crisis — a glut of poor-quality subprime mortgages that had been spread round the world via derivatives on to the balance sheets of poorly capitalised banks — do not apply in 2023. Credit quality remains decent. And bank capital is two to three times stronger than it was a decade and a half ago.Such reassurances have felt empty though in the face of the market panic afflicting bank shares. European banks are down by an average of 19 per cent in a fortnight; US banks by 17 per cent. On Wednesday Credit Suisse shares slumped by 30 per cent intraday, recovering only after central bank intervention.Markets were not exactly calm by the end of the week but they had stabilised somewhat. This came after CS made use of a $54bn “bazooka” liquidity intervention by the Swiss National Bank, while the risk of US bank runs was offset by deposit guarantees, new Federal Reserve liquidity facilities and a Wall Street whipround.Of course such interventions were not supposed to be necessary after the drama of 2008. The vast package of post-crisis regulatory reforms was designed to ensure there could be no repeat of the domino collapses of banks on both sides of the Atlantic. New minimum levels of equity capital were devised, regulatory stress tests were introduced and liquidity ratios were toughened, dictating that more ready funds should be available to meet customer withdrawal requests.This week’s problems in the US were explicitly caused by a failure there to apply these rules to anything other than the eight biggest banks. SVB was brought to its knees by a combination of poor interest rate risk management and lax regulatory oversight, leaving it vulnerable to a run on deposit withdrawals.A similar phenomenon afflicted Signature, a crypto-focused bank, hours later. First Republic, another regional bank, became a particular target after panicked investors realised it would not benefit from the special Federal Reserve funding vehicle launched in the wake of SVB’s failure, because it lacked the requisite collateral to tap the scheme.As investors looked for victims in Europe, attention settled on Credit Suisse, long seen as the region’s weakest big bank. It shares little or no common ground with SVB — its regulatory oversight is robust, its interest rate risk is hedged. But it has been accident-prone and slow to restructure. A decade or more of bad management and scandals has left the group’s reputation severely tarnished — a particularly bad thing when much of your business model rests on persuading billionaires to entrust their wealth to you. At the same time longstanding shareholders have deserted the bank to be replaced with unhelpful new ones.There is even less fundamental reason to distrust the viability of European banks more broadly. Credit losses are low, capital levels are strong and they have come through stress tests.But this bullish assessment is still being trumped by bearish nerves — and some logic. Central bank efforts to tame inflation will produce recessionary pressures, pushing banks’ loan losses higher and potentially eating into capital buffers. At the same time unexpected damage may be inflicted on less regulated, but similarly important, parts of the financial system that have got used to ultra-low interest rates, possibly including pensions, private equity and hedge funds. The gilts crisis in the UK pensions market last autumn was a warning sign of such risks.Even if the chances of another full-blown financial meltdown are low, our ability to deal with it may be less. Back in 2008, policymakers were able to slash interest rates, launch quantitative easing and flood the banks with rescue capital and liquidity. With government balance sheets today far more stretched, and interest rates needing to rise to combat inflation, the weaponry at their disposal is dangerously diminished.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943395754,"gmtCreate":1679104333479,"gmtModify":1679104336818,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9943395754","repostId":"2320054584","repostType":2,"repost":{"id":"2320054584","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":1679093920,"share":"https://www.laohu8.com/m/news/2320054584?lang=&edition=full","pubTime":"2023-03-18 06:58","market":"us","language":"en","title":"Wall Street Ends Sharply Lower on Bank Contagion Fears","url":"https://stock-news.laohu8.com/highlight/detail?id=2320054584","media":"Reuters","summary":"* First Republic Bank tumbles on suspending dividend* SVB Financial seeks bankruptcy protection* Fed","content":"<html><head></head><body><p>* <a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> tumbles on suspending dividend</p><p>* SVB Financial seeks bankruptcy protection</p><p>* FedEx jumps on full-year profit forecast raise</p><p>* Indexes down: Dow 1.19%, S&amp;P 1.10%, Nasdaq 0.74%</p><p>NEW YORK, March 17 (Reuters) - Wall Street closed lower on Friday, marking the end of a tumultuous week dominated by an unfolding crisis in the banking sector and the gathering storm clouds of possible recession.</p><p>All three indexes ended the session deep in negative territory, with financial stocks down the most among the major sectors of the S&amp;P 500.</p><p>For the week, while the benchmark S&amp;P 500 ended higher than last Friday&#39;s close, the Nasdaq and the Dow posted weekly declines.</p><p><a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> announced it would seek Chapter 11 bankruptcy protection, the latest development in an ongoing drama that began last week with the collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>, which sparked fears of contagion throughout the global banking system.</p><p>&#34;(The sell-off) is a bit of an overreaction,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;However, there is validity to some of the concerns regarding overall liquidity and a potential liquidity crunch.&#34;</p><p>Those concerns have spread to Europe, as Credit Suisse shares stumbled over liquidity worries, prompting policymakers to scramble to reassure markets.</p><p>&#34;This goes a lot further than just a run on SVB or First Republic, it goes to the real impact these interest rate hikes are having on capital and balance sheets,&#34; Pursche added. &#34;And you&#39;re seeing it impact large institutions like Credit Suisse, and that’s got people rattled.&#34;</p><p>Over the last two weeks, the S&amp;P Banking index and the KBW Regional Banking index plunged by 4.6% and 5.4%, respectively, their largest two-week drops since March 2020.</p><p>First Republic Bank plunged 32.8% after the bank announced it was suspending its dividend, reversing Thursday&#39;s surge which was sparked by an unprecedented $30 billion rescue package from large financial institutions</p><p>Among First Republic&#39;s peers, <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> fell 19.0% while Western Alliance slid 15.1%.</p><p>U.S.-traded shares of Credit Suisse also closed sharply lower, down 6.9%.</p><p>Investors now turn their gaze to the Federal Reserve&#39;s two-day monetary policy meeting next week.</p><p>In view of recent developments in the banking sector and data suggesting a softening economy, investors have adjusted their expectations regarding the size and duration of the Fed&#39;s restrictive interest rate hikes.</p><p>&#34;This mini banking crisis has increased the chance of recession and accelerated the slowdown timeline for the economy,&#34; Pursche said. &#34;It&#39;s natural that the Fed should re-examine its course of action, but it&#39;s still very clear that while inflation is slowing it&#39;s still very much a concern and needs to be brought under control.&#34;</p><p>At last glance, financial markets have priced in a 60.5% likelihood that the central bank will raise its key target rate by 25 basis points, and a 39.5% probability that it will let the current rate stand, according to CME&#39;s FedWatch tool.</p><p>The Dow Jones Industrial Average fell 384.57 points, or 1.19%, to 31,861.98, the S&amp;P 500 lost 43.64 points, or 1.10%, to 3,916.64 and the Nasdaq Composite dropped 86.76 points, or 0.74%, to 11,630.51.</p><p>All 11 major sectors of the S&amp;P 500 ended the session in negative territory.</p><p>On the upside, FedEx Corp jumped 8.0% after hiking its current fiscal year forecast.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.07-to-1 ratio; on Nasdaq, a 2.94-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 5 new 52-week highs and 20 new lows; the Nasdaq Composite recorded 29 new highs and 320 new lows.</p><p>Volume on U.S. exchanges was 19.41 billion shares, compared with the 12.49 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Ends Sharply Lower on Bank Contagion Fears</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nWall Street Ends Sharply Lower on Bank Contagion Fears\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-03-18 06:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* <a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> tumbles on suspending dividend</p><p>* SVB Financial seeks bankruptcy protection</p><p>* FedEx jumps on full-year profit forecast raise</p><p>* Indexes down: Dow 1.19%, S&amp;P 1.10%, Nasdaq 0.74%</p><p>NEW YORK, March 17 (Reuters) - Wall Street closed lower on Friday, marking the end of a tumultuous week dominated by an unfolding crisis in the banking sector and the gathering storm clouds of possible recession.</p><p>All three indexes ended the session deep in negative territory, with financial stocks down the most among the major sectors of the S&amp;P 500.</p><p>For the week, while the benchmark S&amp;P 500 ended higher than last Friday&#39;s close, the Nasdaq and the Dow posted weekly declines.</p><p><a href=\"https://laohu8.com/S/SIVBO\">SVB Financial Group</a> announced it would seek Chapter 11 bankruptcy protection, the latest development in an ongoing drama that began last week with the collapse of Silicon Valley Bank and <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a>, which sparked fears of contagion throughout the global banking system.</p><p>&#34;(The sell-off) is a bit of an overreaction,&#34; said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. &#34;However, there is validity to some of the concerns regarding overall liquidity and a potential liquidity crunch.&#34;</p><p>Those concerns have spread to Europe, as Credit Suisse shares stumbled over liquidity worries, prompting policymakers to scramble to reassure markets.</p><p>&#34;This goes a lot further than just a run on SVB or First Republic, it goes to the real impact these interest rate hikes are having on capital and balance sheets,&#34; Pursche added. &#34;And you&#39;re seeing it impact large institutions like Credit Suisse, and that’s got people rattled.&#34;</p><p>Over the last two weeks, the S&amp;P Banking index and the KBW Regional Banking index plunged by 4.6% and 5.4%, respectively, their largest two-week drops since March 2020.</p><p>First Republic Bank plunged 32.8% after the bank announced it was suspending its dividend, reversing Thursday&#39;s surge which was sparked by an unprecedented $30 billion rescue package from large financial institutions</p><p>Among First Republic&#39;s peers, <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> fell 19.0% while Western Alliance slid 15.1%.</p><p>U.S.-traded shares of Credit Suisse also closed sharply lower, down 6.9%.</p><p>Investors now turn their gaze to the Federal Reserve&#39;s two-day monetary policy meeting next week.</p><p>In view of recent developments in the banking sector and data suggesting a softening economy, investors have adjusted their expectations regarding the size and duration of the Fed&#39;s restrictive interest rate hikes.</p><p>&#34;This mini banking crisis has increased the chance of recession and accelerated the slowdown timeline for the economy,&#34; Pursche said. &#34;It&#39;s natural that the Fed should re-examine its course of action, but it&#39;s still very clear that while inflation is slowing it&#39;s still very much a concern and needs to be brought under control.&#34;</p><p>At last glance, financial markets have priced in a 60.5% likelihood that the central bank will raise its key target rate by 25 basis points, and a 39.5% probability that it will let the current rate stand, according to CME&#39;s FedWatch tool.</p><p>The Dow Jones Industrial Average fell 384.57 points, or 1.19%, to 31,861.98, the S&amp;P 500 lost 43.64 points, or 1.10%, to 3,916.64 and the Nasdaq Composite dropped 86.76 points, or 0.74%, to 11,630.51.</p><p>All 11 major sectors of the S&amp;P 500 ended the session in negative territory.</p><p>On the upside, FedEx Corp jumped 8.0% after hiking its current fiscal year forecast.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.07-to-1 ratio; on Nasdaq, a 2.94-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 5 new 52-week highs and 20 new lows; the Nasdaq Composite recorded 29 new highs and 320 new lows.</p><p>Volume on U.S. exchanges was 19.41 billion shares, compared with the 12.49 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","WAL":"阿莱恩斯西部银行","BK4504":"桥水持仓","BK4550":"红杉资本持仓","BK4588":"碎股",".DJI":"道琼斯","PACW":"西太平洋合众银行","BK4211":"区域性银行","FDX":"联邦快递",".IXIC":"NASDAQ Composite","BK4585":"ETF&股票定投概念","COMP":"Compass, Inc.",".SPX":"S&P 500 Index","BK4534":"瑞士信贷持仓","BK4559":"巴菲特持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320054584","content_text":"* First Republic Bank tumbles on suspending dividend* SVB Financial seeks bankruptcy protection* FedEx jumps on full-year profit forecast raise* Indexes down: Dow 1.19%, S&P 1.10%, Nasdaq 0.74%NEW YORK, March 17 (Reuters) - Wall Street closed lower on Friday, marking the end of a tumultuous week dominated by an unfolding crisis in the banking sector and the gathering storm clouds of possible recession.All three indexes ended the session deep in negative territory, with financial stocks down the most among the major sectors of the S&P 500.For the week, while the benchmark S&P 500 ended higher than last Friday's close, the Nasdaq and the Dow posted weekly declines.SVB Financial Group announced it would seek Chapter 11 bankruptcy protection, the latest development in an ongoing drama that began last week with the collapse of Silicon Valley Bank and Signature Bank, which sparked fears of contagion throughout the global banking system.\"(The sell-off) is a bit of an overreaction,\" said Oliver Pursche, senior vice president at Wealthspire Advisors in New York. \"However, there is validity to some of the concerns regarding overall liquidity and a potential liquidity crunch.\"Those concerns have spread to Europe, as Credit Suisse shares stumbled over liquidity worries, prompting policymakers to scramble to reassure markets.\"This goes a lot further than just a run on SVB or First Republic, it goes to the real impact these interest rate hikes are having on capital and balance sheets,\" Pursche added. \"And you're seeing it impact large institutions like Credit Suisse, and that’s got people rattled.\"Over the last two weeks, the S&P Banking index and the KBW Regional Banking index plunged by 4.6% and 5.4%, respectively, their largest two-week drops since March 2020.First Republic Bank plunged 32.8% after the bank announced it was suspending its dividend, reversing Thursday's surge which was sparked by an unprecedented $30 billion rescue package from large financial institutionsAmong First Republic's peers, PacWest Bancorp fell 19.0% while Western Alliance slid 15.1%.U.S.-traded shares of Credit Suisse also closed sharply lower, down 6.9%.Investors now turn their gaze to the Federal Reserve's two-day monetary policy meeting next week.In view of recent developments in the banking sector and data suggesting a softening economy, investors have adjusted their expectations regarding the size and duration of the Fed's restrictive interest rate hikes.\"This mini banking crisis has increased the chance of recession and accelerated the slowdown timeline for the economy,\" Pursche said. \"It's natural that the Fed should re-examine its course of action, but it's still very clear that while inflation is slowing it's still very much a concern and needs to be brought under control.\"At last glance, financial markets have priced in a 60.5% likelihood that the central bank will raise its key target rate by 25 basis points, and a 39.5% probability that it will let the current rate stand, according to CME's FedWatch tool.The Dow Jones Industrial Average fell 384.57 points, or 1.19%, to 31,861.98, the S&P 500 lost 43.64 points, or 1.10%, to 3,916.64 and the Nasdaq Composite dropped 86.76 points, or 0.74%, to 11,630.51.All 11 major sectors of the S&P 500 ended the session in negative territory.On the upside, FedEx Corp jumped 8.0% after hiking its current fiscal year forecast.Declining issues outnumbered advancing ones on the NYSE by a 4.07-to-1 ratio; on Nasdaq, a 2.94-to-1 ratio favored decliners.The S&P 500 posted 5 new 52-week highs and 20 new lows; the Nasdaq Composite recorded 29 new highs and 320 new lows.Volume on U.S. exchanges was 19.41 billion shares, compared with the 12.49 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943395469,"gmtCreate":1679104323751,"gmtModify":1679104327447,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9943395469","repostId":"1128249733","repostType":2,"repost":{"id":"1128249733","pubTimestamp":1679097137,"share":"https://www.laohu8.com/m/news/1128249733?lang=&edition=full","pubTime":"2023-03-18 07:52","market":"us","language":"en","title":"U.S. Weekly Review: Stock Market Diverges Amid Bank Woes, Growth Gains; First Republic, Credit Suisse, Meta In Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=1128249733","media":"Investor's Business Daily","summary":"The stock market showed volatile split action, amid efforts to avoid a wider bank crisis following t","content":"<html><head></head><body><p>The stock market showed volatile split action, amid efforts to avoid a wider bank crisis following the SVB Financial and Signature Bank shutdowns in the prior week. <b>Credit Suisse</b> (CS) borrowed up to $54 billion from the Swiss National Bank after the long-ailing giant tumbled to a record low. <b>JPMorgan Chase</b> (JPM), <b>Bank of America</b> (BAC) and other big banks said they would deposit a total of $30 billion into <b>First Republic</b> (FRC), which then suspended its dividend. But bank stocks were still down sharply, weighing on the Russell 2000. The Nasdaq rose sharply, led by tech titans such as <b>Microsoft</b> (MSFT), <b>Meta Platforms</b> (META) and <b>Nvidia</b> (NVDA).  Treasury yields plunged but came well off lows. Commodity prices tumbled.</p><h2>Stock Market Diverges</h2><p>A stock market rally attempt got underway, but there&#39;s been no follow-through day to confirm the attempt. There was a clear divergence between the Nasdaq and the other indexes, weighed down by banks and commodities. The Nasdaq surged above its 50-day and 200-day lines, even with a Friday pullback. led by tech titans and chipmakers. The S&amp;P 500 rose modestly, but fell back below its 200-day. The Dow Jones ended little changed for the week while the Russell 2000 tumbled. Treasury yields initially dived then roared back. Crude oil and copper prices dived.</p><h2>Bank Woes Spread, Lifelines Extended</h2><p>After SVB Financial and Signature Bank were shut down late in the prior week, there were more bank stresses. <b>Credit Suisse</b> (CS) tapped a $54 billion loan from the Swiss National Bank after the Swiss banking giant&#39;s stock hit a record low. <b>First Republic Bank</b> (FRC) bounced Thursday after getting a $30 billion deposit rescue from America&#39;s 11 largest banks, after securing $70 billion from <b>JPMorgan</b> (JPM) and the Federal Reserve on Sunday. But First Republic resumed its sell-off Friday as it suspended its dividend. Other banks also skidded again Friday. FDIC-controlled SVB Financial filed for Chapter 11 bankruptcy amid efforts to auction off Silicon Valley Bank.</p><h2>Core Inflation Hot, Other Data Mixed</h2><p>Core inflation ran hotter than expected in February, likely enough to push the Fed to hike its key interest rate a half-point on March 22, if it weren&#39;t for the sudden eruption of a banking crisis. The consumer price index rose 0.4% on the month, pulling the annual CPI inflation rate down to 6% from 6.4% the prior month. But the core CPI, excluding food and energy, rose 0.5% from January, while the core CPI inflation rate held at 5.5%. Even worse, price gains were even hotter for nonhousing services such as dining out and haircuts, which both saw 0.6% monthly gains. Fed chair Jerome Powell has said nonhousing services are a key to the policy outlook because of their close link to wage growth.</p><p>Weekly data through March 11 showed jobless claims unexpectedly falling 20,000 to 192,000 in a further sign of labor market tightness. Even the depressed housing sector got a lift in February as housing starts leapt 9.8% to 1.45 million and building permits for future construction surged 13.8% to a 1.524 million annual rate.</p><p>However, the producer price index unexpectedly fell 0.1% in February as wholesale inflation eased to 4.6% from 5.7% in January. Retail sales slipped 0.4% in February after January&#39;s upwardly revised 3.2% gain.</p><h2>Meta Soars On New Layoffs, TikTok Ban Buzz</h2><p><b>Meta Platforms</b> (META) will cut 10,000 jobs in the coming months, after shedding 11,000 positions in November. The Facebook and Instagram parent also will leave several thousand positions unfilled. Meanwhile, the Biden administration threatened to ban TikTok unless its Chinese owners divest the video-sharing app, a potential boost for Meta, Snap and other social networks. META stock soared, breaking out of a base.</p><h2>Tesla China Sales Keep Rising</h2><p><b>Tesla</b> (TSLA) China EV registrations rose for a third straight week to 17,032. <b>BYD</b> (BYDDF) China registrations were more than double Tesla&#39;s, but fell for a second straight week. Other data signaled a pick up in European sales after additional price cuts there. TSLA stock rose modestly.</p><h2>United Airlines Dives On Warnings</h2><p><b>United Airlines</b> (UAL) unexpectedly warned on profits for the current quarter, raising demand concerns. Several carriers, including United, also raised jet-fuel cost estimates. <b>Delta Air Lines</b> (DAL) maintained its first-quarter outlook, saying travel demand is strong and getting stronger. <b>JetBlue Airways</b> (JBLU) hiked its revenue forecast. UAL stock plunged, with other airline stocks tumbling as well.</p><h2>Biotech Buyouts</h2><p>A pair of biotech buyouts drove shares higher.<b>Pfizer</b>(PFE) will pay $43 billion to buy<b>Seagen</b>(SGEN), a maker of antibody drug conjugates, or ADCs. These drugs carry payloads of toxic chemicals directed at specific targets on the outside of tumors, limiting their damage to healthy, surrounding tissue. Meanwhile, <b>Sanofi</b> (SNY) scooped up <b>Provention Bio</b> (PRVB) for $2.9 billion. Provention sells a drug to delay the onset of type 1 diabetes in people age 8 and older. It&#39;s allowed for people who have abnormal blood sugar but no symptoms of diabetes.</p><h2>News In Brief</h2><p><b>Sarepta Therapeutics</b> (SRPT) plunged Friday after the FDA reversed course and announced that it will hold an advisory panel for the biotech&#39;s gene therapy for Duchenne muscular dystrophy prior to an FDA approval decision. SRPT stock gapped up March 1 after the FDA decided against an advisory panel, suggesting a faster approval.</p><p><b>Boeing</b> (BA) announced an order for up to 121 787 Dreamliner jets from two Saudi airlines, including the national carrier Saudia and the brand-new Riyadh Air. The deal is worth an estimated $35 billion-$37 billion at list prices.</p><p><b>Amylyx Pharmaceuticals</b> (AMLX) topped Wall Street&#39;s fourth-quarter estimates, delivering $21.9 million in sales of amyotrophic lateral sclerosis drug Relyvrio. Analysts called for only $4.7 million, according to FactSet. Amylyx stock jumped.</p><p><b>Jabil</b> (JBL) reported slightly better-than-expected fiscal second-quarter results and guided higher for the current quarter. The contract manufacturer said earnings rose 12% year over year while sales increased 8%.</p><p><b>Lennar</b>(LEN) reported a 21% EPS decline in its fiscal Q1, but that topped views. Revenue growth slowed to 5%, but also topped. The homebuilder also touted stronger new orders.</p><p><b>Xpeng</b> (XPEV) swung to a wider-than-expected loss as revenue plunged 58%, also missing views, amid tumbling deliveries and weaker pricing. XPeng sees Q1 deliveries of 18,000-19,000, implying March sales of 5,772-6,772.</p><p><b>Academy Sports &amp; Outdoor</b> (ASO) reported a 27% EPS gain, topping views. Revenue fell 3.4%, sliding for a fourth straight quarter and missing views. Shares gapped higher.</p><p><b>FedEx</b> (FDX) soared Friday as the delivery giant beat EPS views and guided higher on full-year profit as cost cuts offset continued demand weakness.</p><p><b>Uber</b> (UBER), <b>Lyft</b> (LYFT) and <b>DoorDash</b> (DASH) rallied after a California appeals court said app-based drivers are contractors, not employees, reversing a lower-court ruling. Further appeals are expected.</p></body></html>","source":"lsy1610612141385","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Weekly Review: Stock Market Diverges Amid Bank Woes, Growth Gains; First Republic, Credit Suisse, Meta In Focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Weekly Review: Stock Market Diverges Amid Bank Woes, Growth Gains; First Republic, Credit Suisse, Meta In Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-18 07:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/stock-market-diverges-amid-bank-woes-growth-gains-first-republic-credit-suisse-meta-in-focus/><strong>Investor's Business Daily</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market showed volatile split action, amid efforts to avoid a wider bank crisis following the SVB Financial and Signature Bank shutdowns in the prior week. Credit Suisse (CS) borrowed up to $...</p>\n\n<a href=\"https://www.investors.com/news/stock-market-diverges-amid-bank-woes-growth-gains-first-republic-credit-suisse-meta-in-focus/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.investors.com/news/stock-market-diverges-amid-bank-woes-growth-gains-first-republic-credit-suisse-meta-in-focus/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128249733","content_text":"The stock market showed volatile split action, amid efforts to avoid a wider bank crisis following the SVB Financial and Signature Bank shutdowns in the prior week. Credit Suisse (CS) borrowed up to $54 billion from the Swiss National Bank after the long-ailing giant tumbled to a record low. JPMorgan Chase (JPM), Bank of America (BAC) and other big banks said they would deposit a total of $30 billion into First Republic (FRC), which then suspended its dividend. But bank stocks were still down sharply, weighing on the Russell 2000. The Nasdaq rose sharply, led by tech titans such as Microsoft (MSFT), Meta Platforms (META) and Nvidia (NVDA).  Treasury yields plunged but came well off lows. Commodity prices tumbled.Stock Market DivergesA stock market rally attempt got underway, but there's been no follow-through day to confirm the attempt. There was a clear divergence between the Nasdaq and the other indexes, weighed down by banks and commodities. The Nasdaq surged above its 50-day and 200-day lines, even with a Friday pullback. led by tech titans and chipmakers. The S&P 500 rose modestly, but fell back below its 200-day. The Dow Jones ended little changed for the week while the Russell 2000 tumbled. Treasury yields initially dived then roared back. Crude oil and copper prices dived.Bank Woes Spread, Lifelines ExtendedAfter SVB Financial and Signature Bank were shut down late in the prior week, there were more bank stresses. Credit Suisse (CS) tapped a $54 billion loan from the Swiss National Bank after the Swiss banking giant's stock hit a record low. First Republic Bank (FRC) bounced Thursday after getting a $30 billion deposit rescue from America's 11 largest banks, after securing $70 billion from JPMorgan (JPM) and the Federal Reserve on Sunday. But First Republic resumed its sell-off Friday as it suspended its dividend. Other banks also skidded again Friday. FDIC-controlled SVB Financial filed for Chapter 11 bankruptcy amid efforts to auction off Silicon Valley Bank.Core Inflation Hot, Other Data MixedCore inflation ran hotter than expected in February, likely enough to push the Fed to hike its key interest rate a half-point on March 22, if it weren't for the sudden eruption of a banking crisis. The consumer price index rose 0.4% on the month, pulling the annual CPI inflation rate down to 6% from 6.4% the prior month. But the core CPI, excluding food and energy, rose 0.5% from January, while the core CPI inflation rate held at 5.5%. Even worse, price gains were even hotter for nonhousing services such as dining out and haircuts, which both saw 0.6% monthly gains. Fed chair Jerome Powell has said nonhousing services are a key to the policy outlook because of their close link to wage growth.Weekly data through March 11 showed jobless claims unexpectedly falling 20,000 to 192,000 in a further sign of labor market tightness. Even the depressed housing sector got a lift in February as housing starts leapt 9.8% to 1.45 million and building permits for future construction surged 13.8% to a 1.524 million annual rate.However, the producer price index unexpectedly fell 0.1% in February as wholesale inflation eased to 4.6% from 5.7% in January. Retail sales slipped 0.4% in February after January's upwardly revised 3.2% gain.Meta Soars On New Layoffs, TikTok Ban BuzzMeta Platforms (META) will cut 10,000 jobs in the coming months, after shedding 11,000 positions in November. The Facebook and Instagram parent also will leave several thousand positions unfilled. Meanwhile, the Biden administration threatened to ban TikTok unless its Chinese owners divest the video-sharing app, a potential boost for Meta, Snap and other social networks. META stock soared, breaking out of a base.Tesla China Sales Keep RisingTesla (TSLA) China EV registrations rose for a third straight week to 17,032. BYD (BYDDF) China registrations were more than double Tesla's, but fell for a second straight week. Other data signaled a pick up in European sales after additional price cuts there. TSLA stock rose modestly.United Airlines Dives On WarningsUnited Airlines (UAL) unexpectedly warned on profits for the current quarter, raising demand concerns. Several carriers, including United, also raised jet-fuel cost estimates. Delta Air Lines (DAL) maintained its first-quarter outlook, saying travel demand is strong and getting stronger. JetBlue Airways (JBLU) hiked its revenue forecast. UAL stock plunged, with other airline stocks tumbling as well.Biotech BuyoutsA pair of biotech buyouts drove shares higher.Pfizer(PFE) will pay $43 billion to buySeagen(SGEN), a maker of antibody drug conjugates, or ADCs. These drugs carry payloads of toxic chemicals directed at specific targets on the outside of tumors, limiting their damage to healthy, surrounding tissue. Meanwhile, Sanofi (SNY) scooped up Provention Bio (PRVB) for $2.9 billion. Provention sells a drug to delay the onset of type 1 diabetes in people age 8 and older. It's allowed for people who have abnormal blood sugar but no symptoms of diabetes.News In BriefSarepta Therapeutics (SRPT) plunged Friday after the FDA reversed course and announced that it will hold an advisory panel for the biotech's gene therapy for Duchenne muscular dystrophy prior to an FDA approval decision. SRPT stock gapped up March 1 after the FDA decided against an advisory panel, suggesting a faster approval.Boeing (BA) announced an order for up to 121 787 Dreamliner jets from two Saudi airlines, including the national carrier Saudia and the brand-new Riyadh Air. The deal is worth an estimated $35 billion-$37 billion at list prices.Amylyx Pharmaceuticals (AMLX) topped Wall Street's fourth-quarter estimates, delivering $21.9 million in sales of amyotrophic lateral sclerosis drug Relyvrio. Analysts called for only $4.7 million, according to FactSet. Amylyx stock jumped.Jabil (JBL) reported slightly better-than-expected fiscal second-quarter results and guided higher for the current quarter. The contract manufacturer said earnings rose 12% year over year while sales increased 8%.Lennar(LEN) reported a 21% EPS decline in its fiscal Q1, but that topped views. Revenue growth slowed to 5%, but also topped. The homebuilder also touted stronger new orders.Xpeng (XPEV) swung to a wider-than-expected loss as revenue plunged 58%, also missing views, amid tumbling deliveries and weaker pricing. XPeng sees Q1 deliveries of 18,000-19,000, implying March sales of 5,772-6,772.Academy Sports & Outdoor (ASO) reported a 27% EPS gain, topping views. Revenue fell 3.4%, sliding for a fourth straight quarter and missing views. Shares gapped higher.FedEx (FDX) soared Friday as the delivery giant beat EPS views and guided higher on full-year profit as cost cuts offset continued demand weakness.Uber (UBER), Lyft (LYFT) and DoorDash (DASH) rallied after a California appeals court said app-based drivers are contractors, not employees, reversing a lower-court ruling. Further appeals are expected.","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943395580,"gmtCreate":1679104310940,"gmtModify":1679104314638,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9943395580","repostId":"2320584107","repostType":2,"repost":{"id":"2320584107","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1679186631,"share":"https://www.laohu8.com/m/news/2320584107?lang=&edition=full","pubTime":"2023-03-19 08:43","market":"us","language":"en","title":"What It May Take to Calm Banking Sector Jitters: Time, and a Fed Rate Hike","url":"https://stock-news.laohu8.com/highlight/detail?id=2320584107","media":"Dow Jones","summary":"‘What does the Fed do next week if they don’t hike rates?’ asks Mullaney at Boston PartnersInvestors","content":"<html><head></head><body><p>‘What does the Fed do next week if they don’t hike rates?’ asks Mullaney at Boston Partners</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bac59bb2b41ad9f787574330ce399463\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Investors remain on edge about potential additional cracks in the U.S. banking system, a day after the biggest American banks injected $30 billion into First Republic. Here’s what investors want to know.</span></p><p>First Republic Bank’s $30 billion injection from America’s biggest banks to help shore up confidence in the California-based lender and the overall U.S. banking system isn’t yet a mission accomplished.</p><p>U.S. stocks continued to slide on Friday, with shares of financials under sharp pressure overall, but with shares of First Republic down 33.8%, or 81% on the year so far, according to FactSet.</p><p>“I think one of the reasons why First Republic is down today has nothing to do with the fact that people are still concerned about if it is going to go under,” said Mark Stoeckle, CEO and senior portfolio manager at Adams Funds.</p><p>“Investors are trying to wrap their heads around what it means for its business model and for earnings,” Stoeckle said, particularly with lenders and other financial institutions forced to recalibrate in the wake of the Federal Reserve’s aggressive pace of interest rate hikes.</p><p>“We are only a week into this,” Stoeckle said. “What it’s going to take is time.”</p><p>Higher rates have resulted in some $620 billion of unrealized losses at U.S. banks, as “safe,” low-coupon Treasury and agency mortgage securities from 2020 and 2021 have eroded in value as yields have risen.</p><p>Another factor has been depositors migrating cash into today’s higher yielding Treasurys for income, including the 2-year about a week ago hit 5%, before it pulled back to 3.8%.</p><h2>Fear of unknown risks</h2><p>Wild swings in bank stocks this week and in Treasury yields,as well as jitters about whether the Federal Reserve will keep raising its policy interest rate had investors navigating one of the worst weeks of volatility since the 2008 global financial crisis.</p><p>“Many market participants have only experienced a systemic credit crunch once in their professional careers, and the ghost of the financial crisis and the Covid-19 market meltdown are their only historical comparisons,” said Steven Ricchiuto, U.S. chief economist at Mizuho Securities, in a Friday note.</p><p>Ricchiuto cautioned against being “too hasty to draw parallels,” but also said it doesn’t mean there are “no real consequences” in financial markets following the failures of Silicon Valley Bank and Signature Bank, and emergency funding this week obtained by Credit Suisse and First Republic.</p><p>He expects liquidity in the system to be reduced, consolidation in the banking system and for banks to clean up “their balance sheets of bad assets while raising additional capital.”</p><p>Mike Mullaney, director of global market research at Boston Partners, said investors also will be keeping a close eye on how much banks end up relying on Fed facilities for liquidity.</p><p>Borrowing at the Fed’s discount window rose to $153 billion in the past week through Wednesday, an record high, “but below 2009 levels as a share of aggregate U.S. bank deposits,” according to BofA Global.</p><p>Another $11.9 billion was borrowed through a new Bank Term Funding Program rolled out about a week ago by the central bank.</p><p>“There’s no question there’s been an increase in borrowing at the discount window, but most of that is the Federal Deposit Insurance Corp.,” Mullaney said, adding that’s likely related to their takeover of recently failed banks.</p><p>“The wild card is the unknown,” Mullaney said. “We just don’t know if there are other SVBs lurking out there.”</p><p>Another source of anxiety is what the Fed will do with interest rates at its meeting next week on March 21-22.</p><p>It has been a volatile for traders in fed funds futures, but as of Friday, they were pricing in about a 70% chance of a 25 basis point hike to the Fed’s policy rate to a 4.75%-5% range.</p><p>“I will say this, the important question is: What does the Fed do next week if they don’t hike rates,” Mullaney said. “What’s the message they send if they don’t? To me, it means basically panic mode, and investors are going to be running out of what they deem a burning building.”</p><p>The Dow Jones Industrial Average shed 384 points Friday, the S&amp;P 500 index fell 1.1% and the Nasdaq Composite Index dropped 0.7%, according to FactSet.</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>What It May Take to Calm Banking Sector Jitters: Time, and a Fed Rate Hike</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\">\nWhat It May Take to Calm Banking Sector Jitters: Time, and a Fed Rate Hike\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-19 08:43</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>‘What does the Fed do next week if they don’t hike rates?’ asks Mullaney at Boston Partners</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bac59bb2b41ad9f787574330ce399463\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Investors remain on edge about potential additional cracks in the U.S. banking system, a day after the biggest American banks injected $30 billion into First Republic. Here’s what investors want to know.</span></p><p>First Republic Bank’s $30 billion injection from America’s biggest banks to help shore up confidence in the California-based lender and the overall U.S. banking system isn’t yet a mission accomplished.</p><p>U.S. stocks continued to slide on Friday, with shares of financials under sharp pressure overall, but with shares of First Republic down 33.8%, or 81% on the year so far, according to FactSet.</p><p>“I think one of the reasons why First Republic is down today has nothing to do with the fact that people are still concerned about if it is going to go under,” said Mark Stoeckle, CEO and senior portfolio manager at Adams Funds.</p><p>“Investors are trying to wrap their heads around what it means for its business model and for earnings,” Stoeckle said, particularly with lenders and other financial institutions forced to recalibrate in the wake of the Federal Reserve’s aggressive pace of interest rate hikes.</p><p>“We are only a week into this,” Stoeckle said. “What it’s going to take is time.”</p><p>Higher rates have resulted in some $620 billion of unrealized losses at U.S. banks, as “safe,” low-coupon Treasury and agency mortgage securities from 2020 and 2021 have eroded in value as yields have risen.</p><p>Another factor has been depositors migrating cash into today’s higher yielding Treasurys for income, including the 2-year about a week ago hit 5%, before it pulled back to 3.8%.</p><h2>Fear of unknown risks</h2><p>Wild swings in bank stocks this week and in Treasury yields,as well as jitters about whether the Federal Reserve will keep raising its policy interest rate had investors navigating one of the worst weeks of volatility since the 2008 global financial crisis.</p><p>“Many market participants have only experienced a systemic credit crunch once in their professional careers, and the ghost of the financial crisis and the Covid-19 market meltdown are their only historical comparisons,” said Steven Ricchiuto, U.S. chief economist at Mizuho Securities, in a Friday note.</p><p>Ricchiuto cautioned against being “too hasty to draw parallels,” but also said it doesn’t mean there are “no real consequences” in financial markets following the failures of Silicon Valley Bank and Signature Bank, and emergency funding this week obtained by Credit Suisse and First Republic.</p><p>He expects liquidity in the system to be reduced, consolidation in the banking system and for banks to clean up “their balance sheets of bad assets while raising additional capital.”</p><p>Mike Mullaney, director of global market research at Boston Partners, said investors also will be keeping a close eye on how much banks end up relying on Fed facilities for liquidity.</p><p>Borrowing at the Fed’s discount window rose to $153 billion in the past week through Wednesday, an record high, “but below 2009 levels as a share of aggregate U.S. bank deposits,” according to BofA Global.</p><p>Another $11.9 billion was borrowed through a new Bank Term Funding Program rolled out about a week ago by the central bank.</p><p>“There’s no question there’s been an increase in borrowing at the discount window, but most of that is the Federal Deposit Insurance Corp.,” Mullaney said, adding that’s likely related to their takeover of recently failed banks.</p><p>“The wild card is the unknown,” Mullaney said. “We just don’t know if there are other SVBs lurking out there.”</p><p>Another source of anxiety is what the Fed will do with interest rates at its meeting next week on March 21-22.</p><p>It has been a volatile for traders in fed funds futures, but as of Friday, they were pricing in about a 70% chance of a 25 basis point hike to the Fed’s policy rate to a 4.75%-5% range.</p><p>“I will say this, the important question is: What does the Fed do next week if they don’t hike rates,” Mullaney said. “What’s the message they send if they don’t? To me, it means basically panic mode, and investors are going to be running out of what they deem a burning building.”</p><p>The Dow Jones Industrial Average shed 384 points Friday, the S&amp;P 500 index fell 1.1% and the Nasdaq Composite Index dropped 0.7%, according to FactSet.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4588":"碎股",".IXIC":"NASDAQ Composite","BK4585":"ETF&股票定投概念",".SPX":"S&P 500 Index","BK4211":"区域性银行","BK4552":"Archegos爆仓风波概念","BK4118":"综合性资本市场","BK4548":"巴美列捷福持仓","BK4589":"SVB概念","LU1861217088.USD":"贝莱德金融科技A2","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","SBNY":"签字银行",".DJI":"道琼斯","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320584107","content_text":"‘What does the Fed do next week if they don’t hike rates?’ asks Mullaney at Boston PartnersInvestors remain on edge about potential additional cracks in the U.S. banking system, a day after the biggest American banks injected $30 billion into First Republic. Here’s what investors want to know.First Republic Bank’s $30 billion injection from America’s biggest banks to help shore up confidence in the California-based lender and the overall U.S. banking system isn’t yet a mission accomplished.U.S. stocks continued to slide on Friday, with shares of financials under sharp pressure overall, but with shares of First Republic down 33.8%, or 81% on the year so far, according to FactSet.“I think one of the reasons why First Republic is down today has nothing to do with the fact that people are still concerned about if it is going to go under,” said Mark Stoeckle, CEO and senior portfolio manager at Adams Funds.“Investors are trying to wrap their heads around what it means for its business model and for earnings,” Stoeckle said, particularly with lenders and other financial institutions forced to recalibrate in the wake of the Federal Reserve’s aggressive pace of interest rate hikes.“We are only a week into this,” Stoeckle said. “What it’s going to take is time.”Higher rates have resulted in some $620 billion of unrealized losses at U.S. banks, as “safe,” low-coupon Treasury and agency mortgage securities from 2020 and 2021 have eroded in value as yields have risen.Another factor has been depositors migrating cash into today’s higher yielding Treasurys for income, including the 2-year about a week ago hit 5%, before it pulled back to 3.8%.Fear of unknown risksWild swings in bank stocks this week and in Treasury yields,as well as jitters about whether the Federal Reserve will keep raising its policy interest rate had investors navigating one of the worst weeks of volatility since the 2008 global financial crisis.“Many market participants have only experienced a systemic credit crunch once in their professional careers, and the ghost of the financial crisis and the Covid-19 market meltdown are their only historical comparisons,” said Steven Ricchiuto, U.S. chief economist at Mizuho Securities, in a Friday note.Ricchiuto cautioned against being “too hasty to draw parallels,” but also said it doesn’t mean there are “no real consequences” in financial markets following the failures of Silicon Valley Bank and Signature Bank, and emergency funding this week obtained by Credit Suisse and First Republic.He expects liquidity in the system to be reduced, consolidation in the banking system and for banks to clean up “their balance sheets of bad assets while raising additional capital.”Mike Mullaney, director of global market research at Boston Partners, said investors also will be keeping a close eye on how much banks end up relying on Fed facilities for liquidity.Borrowing at the Fed’s discount window rose to $153 billion in the past week through Wednesday, an record high, “but below 2009 levels as a share of aggregate U.S. bank deposits,” according to BofA Global.Another $11.9 billion was borrowed through a new Bank Term Funding Program rolled out about a week ago by the central bank.“There’s no question there’s been an increase in borrowing at the discount window, but most of that is the Federal Deposit Insurance Corp.,” Mullaney said, adding that’s likely related to their takeover of recently failed banks.“The wild card is the unknown,” Mullaney said. “We just don’t know if there are other SVBs lurking out there.”Another source of anxiety is what the Fed will do with interest rates at its meeting next week on March 21-22.It has been a volatile for traders in fed funds futures, but as of Friday, they were pricing in about a 70% chance of a 25 basis point hike to the Fed’s policy rate to a 4.75%-5% range.“I will say this, the important question is: What does the Fed do next week if they don’t hike rates,” Mullaney said. “What’s the message they send if they don’t? To me, it means basically panic mode, and investors are going to be running out of what they deem a burning building.”The Dow Jones Industrial Average shed 384 points Friday, the S&P 500 index fell 1.1% and the Nasdaq Composite Index dropped 0.7%, according to FactSet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943079046,"gmtCreate":1679006664085,"gmtModify":1679006667634,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943079046","repostId":"1172101608","repostType":4,"repost":{"id":"1172101608","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":1678973743,"share":"https://www.laohu8.com/m/news/1172101608?lang=&edition=full","pubTime":"2023-03-16 21:35","market":"us","language":"en","title":"Credit Suisse Jumped 5% as Swiss Central Bank Throws Financial Lifeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1172101608","media":"Tiger Newspress","summary":"Credit Suisse jumped 5% as Swiss Central Bank throws financial lifeline.Credit Suisse  on Thursday s","content":"<html><head></head><body><p>Credit Suisse jumped 5% as Swiss Central Bank throws financial lifeline.<img src=\"https://static.tigerbbs.com/5989e14d4dfbe964af76140481525ff2\" tg-width=\"806\" tg-height=\"852\" width=\"100%\" height=\"auto\"/><a href=\"https://laohu8.com/S/CS\">Credit Suisse </a> on Thursday said it was taking &#34;decisive action&#34; to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares intensified fears about a broader bank deposit crisis.</p><p>The Swiss bank&#39;s problems have shifted the focus for investors and regulators from the United States to Europe, where Credit Suisse led a selloff in bank shares after its largest investor said it could not provide more financial assistance because of regulatory constraints.</p><p>Regulators in the private banking hub on Wednesday had sought to ease investor fears around Credit Suisse, which added to broader worries sparked by last week&#39;s collapse of Silicon Valley Bank and Signature Bank, two U.S. mid-size firms.</p><p>Asian stocks had extended Wall Street&#39;s tumble on Thursday and investors bought gold, bonds and the dollar, leaving markets on edge ahead of a European Central Bank meeting later in the day. The bank&#39;s announcement in the early European morning helped trim some of those losses though trade was volatile.</p><p>In its statement early Thursday, Credit Suisse said it is exercising its option to borrow from the Swiss National Bank up to 50 billion Swiss francs ($54 billion).</p><p>Investor focus is now on any action by central banks and other regulators in Asia to restore confidence in the banking system as well as any exposure regional businesses may have to Credit Suisse.</p><p>In a joint statement on Wednesday, the Swiss financial regulator FINMA and the nation&#39;s central bank sought to ease investor fears around Credit Suisse, saying it &#34;meets the capital and liquidity requirements imposed on systemically important banks.&#34; They said the bank could access liquidity from the central bank if needed.</p><p>Credit Suisse said it welcomed the statement of support from the Swiss National Bank and FINMA.</p><p>Credit Suisse would be the first major global bank to be given such a lifeline since the 2008 financial crisis - though central banks have extended liquidity more generally to banks during times of market stress including the coronavirus pandemic.</p><p>SVP&#39;s demise last week, followed by that of Signature Bank two days later, sent global bank stocks on a roller-coaster ride this week, with investors discounting assurances from U.S. President Joe Biden and emergency steps giving banks access to more funding.</p><p>FINMA and the Swiss central bank said there were no indications of a direct risk of contagion for Swiss institutions from U.S. banking market turmoil.</p><p>Earlier, Credit Suisse shares led a 7% fall in the European banking index (.SX7P), while five-year credit default swaps (CADS) for the flagship Swiss bank hit a new record high.</p><p>The investor exit for the doors prompted fears of a broader threat to the financial system, and two supervisory sources told Reuters that the European Central Bank had contacted banks on its watch to quiz them about their exposures to Credit Suisse.</p><p>The U.S. Treasury also said it is monitoring the situation around Credit Suisse and is in touch with global counterparts, a Treasury spokesperson said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCredit Suisse Jumped 5% as Swiss Central Bank Throws Financial Lifeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-16 21:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Credit Suisse jumped 5% as Swiss Central Bank throws financial lifeline.<img src=\"https://static.tigerbbs.com/5989e14d4dfbe964af76140481525ff2\" tg-width=\"806\" tg-height=\"852\" width=\"100%\" height=\"auto\"/><a href=\"https://laohu8.com/S/CS\">Credit Suisse </a> on Thursday said it was taking &#34;decisive action&#34; to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares intensified fears about a broader bank deposit crisis.</p><p>The Swiss bank&#39;s problems have shifted the focus for investors and regulators from the United States to Europe, where Credit Suisse led a selloff in bank shares after its largest investor said it could not provide more financial assistance because of regulatory constraints.</p><p>Regulators in the private banking hub on Wednesday had sought to ease investor fears around Credit Suisse, which added to broader worries sparked by last week&#39;s collapse of Silicon Valley Bank and Signature Bank, two U.S. mid-size firms.</p><p>Asian stocks had extended Wall Street&#39;s tumble on Thursday and investors bought gold, bonds and the dollar, leaving markets on edge ahead of a European Central Bank meeting later in the day. The bank&#39;s announcement in the early European morning helped trim some of those losses though trade was volatile.</p><p>In its statement early Thursday, Credit Suisse said it is exercising its option to borrow from the Swiss National Bank up to 50 billion Swiss francs ($54 billion).</p><p>Investor focus is now on any action by central banks and other regulators in Asia to restore confidence in the banking system as well as any exposure regional businesses may have to Credit Suisse.</p><p>In a joint statement on Wednesday, the Swiss financial regulator FINMA and the nation&#39;s central bank sought to ease investor fears around Credit Suisse, saying it &#34;meets the capital and liquidity requirements imposed on systemically important banks.&#34; They said the bank could access liquidity from the central bank if needed.</p><p>Credit Suisse said it welcomed the statement of support from the Swiss National Bank and FINMA.</p><p>Credit Suisse would be the first major global bank to be given such a lifeline since the 2008 financial crisis - though central banks have extended liquidity more generally to banks during times of market stress including the coronavirus pandemic.</p><p>SVP&#39;s demise last week, followed by that of Signature Bank two days later, sent global bank stocks on a roller-coaster ride this week, with investors discounting assurances from U.S. President Joe Biden and emergency steps giving banks access to more funding.</p><p>FINMA and the Swiss central bank said there were no indications of a direct risk of contagion for Swiss institutions from U.S. banking market turmoil.</p><p>Earlier, Credit Suisse shares led a 7% fall in the European banking index (.SX7P), while five-year credit default swaps (CADS) for the flagship Swiss bank hit a new record high.</p><p>The investor exit for the doors prompted fears of a broader threat to the financial system, and two supervisory sources told Reuters that the European Central Bank had contacted banks on its watch to quiz them about their exposures to Credit Suisse.</p><p>The U.S. Treasury also said it is monitoring the situation around Credit Suisse and is in touch with global counterparts, a Treasury spokesperson said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172101608","content_text":"Credit Suisse jumped 5% as Swiss Central Bank throws financial lifeline.Credit Suisse  on Thursday said it was taking \"decisive action\" to strengthen its liquidity by borrowing up to $54 billion from the Swiss central bank after a slump in its shares intensified fears about a broader bank deposit crisis.The Swiss bank's problems have shifted the focus for investors and regulators from the United States to Europe, where Credit Suisse led a selloff in bank shares after its largest investor said it could not provide more financial assistance because of regulatory constraints.Regulators in the private banking hub on Wednesday had sought to ease investor fears around Credit Suisse, which added to broader worries sparked by last week's collapse of Silicon Valley Bank and Signature Bank, two U.S. mid-size firms.Asian stocks had extended Wall Street's tumble on Thursday and investors bought gold, bonds and the dollar, leaving markets on edge ahead of a European Central Bank meeting later in the day. The bank's announcement in the early European morning helped trim some of those losses though trade was volatile.In its statement early Thursday, Credit Suisse said it is exercising its option to borrow from the Swiss National Bank up to 50 billion Swiss francs ($54 billion).Investor focus is now on any action by central banks and other regulators in Asia to restore confidence in the banking system as well as any exposure regional businesses may have to Credit Suisse.In a joint statement on Wednesday, the Swiss financial regulator FINMA and the nation's central bank sought to ease investor fears around Credit Suisse, saying it \"meets the capital and liquidity requirements imposed on systemically important banks.\" They said the bank could access liquidity from the central bank if needed.Credit Suisse said it welcomed the statement of support from the Swiss National Bank and FINMA.Credit Suisse would be the first major global bank to be given such a lifeline since the 2008 financial crisis - though central banks have extended liquidity more generally to banks during times of market stress including the coronavirus pandemic.SVP's demise last week, followed by that of Signature Bank two days later, sent global bank stocks on a roller-coaster ride this week, with investors discounting assurances from U.S. President Joe Biden and emergency steps giving banks access to more funding.FINMA and the Swiss central bank said there were no indications of a direct risk of contagion for Swiss institutions from U.S. banking market turmoil.Earlier, Credit Suisse shares led a 7% fall in the European banking index (.SX7P), while five-year credit default swaps (CADS) for the flagship Swiss bank hit a new record high.The investor exit for the doors prompted fears of a broader threat to the financial system, and two supervisory sources told Reuters that the European Central Bank had contacted banks on its watch to quiz them about their exposures to Credit Suisse.The U.S. Treasury also said it is monitoring the situation around Credit Suisse and is in touch with global counterparts, a Treasury spokesperson said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943070781,"gmtCreate":1679006649744,"gmtModify":1679006653312,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943070781","repostId":"1107223006","repostType":2,"repost":{"id":"1107223006","pubTimestamp":1678974531,"share":"https://www.laohu8.com/m/news/1107223006?lang=&edition=full","pubTime":"2023-03-16 21:48","market":"us","language":"en","title":"First Republic Extends Plunge as Bank Said to Weigh Options","url":"https://stock-news.laohu8.com/highlight/detail?id=1107223006","media":"Bloomberg","summary":"Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options","content":"<html><head></head><body><ul><li>Shares fall as much as 28% in early trading on Thursday</li><li>Lender said to be exploring strategic options including a sale</li></ul><p>First Republic Bank tumbled to put shares on pace to close at a record low level, as the San Francisco-based bank issaid to be exploring strategic options that include a sale.</p><p>The stock sank by 28% in New York, extending a slide that had already erased more than $17 billion off its market capitalization this month. The firm that’s mulling a sale is also weighing options for shoring upliquidity, according to people familiar with the matter.</p><p>“Normally, a headline of a potential sale would support the stock,” Christopher McGratty, an analyst at Keefe, Bruyette and Woods, wrote in a report. “However, the potentially significant deposit outflows post-SIVB failure likely leave FRC in a tough spot.”</p><p>“Any potential sale would likely be a tough outcome for existing shareholders, given mark-to-market accounting on loans,” McGratty wrote.</p><p><img src=\"https://static.tigerbbs.com/e13e7cc270eaa7fc4f2682de6a1d2c2b\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Investors across the banking space are on tenterhooks amid the upheaval in US regional lenders as well as thetumultsurrounding Credit Suisse Group AG. Shares of the Swiss bank rebounded Thursday after itopened a $54 billion line of creditwith the country’s central bank and offered to buy back debt. The European Central Bankdelivered a planned half-point hikein interest rates on Thursday.</p><p>On Wednesday, First Republic shares sank 21% as its credit rating wascut to junkby S&amp;P Global Ratings and Fitch Ratings. The bank said Sunday that itstotal available unused liquidityto fund operations was morethan $70 billion, from agreements that included the Federal Reserve and JPMorgan Chase &amp; Co.</p><p>First Republic specializes in private banking and wealth management, and has tried to differentiate itself from Silicon Valley Bank. Several regional bank peers were down as well. PacWest Bancorp sank by 14% and Western Alliance Bancorp slid 9%.</p><p><img src=\"https://static.tigerbbs.com/ff5cda14f6c82a7963a22bd45c2231bf\" tg-width=\"419\" tg-height=\"204\" referrerpolicy=\"no-referrer\"/></p><p>“First Republic’s options have narrowed following deposit outflow, a sharp share-price decline and recent downgrades from ratings agencies, while a potential sale of the bank could center on the attractive wealth-management business,” Herman Chan, an analyst atBloomberg Intelligence, wrote in a note.</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>First Republic Extends Plunge as Bank Said to Weigh Options</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\">\nFirst Republic Extends Plunge as Bank Said to Weigh Options\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 21:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-16/first-republic-sinks-as-bank-said-to-explore-strategic-options><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options including a saleFirst Republic Bank tumbled to put shares on pace to close at a record low level, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-sinks-as-bank-said-to-explore-strategic-options\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PACW":"西太平洋合众银行","WAL":"阿莱恩斯西部银行"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-sinks-as-bank-said-to-explore-strategic-options","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107223006","content_text":"Shares fall as much as 28% in early trading on ThursdayLender said to be exploring strategic options including a saleFirst Republic Bank tumbled to put shares on pace to close at a record low level, as the San Francisco-based bank issaid to be exploring strategic options that include a sale.The stock sank by 28% in New York, extending a slide that had already erased more than $17 billion off its market capitalization this month. The firm that’s mulling a sale is also weighing options for shoring upliquidity, according to people familiar with the matter.“Normally, a headline of a potential sale would support the stock,” Christopher McGratty, an analyst at Keefe, Bruyette and Woods, wrote in a report. “However, the potentially significant deposit outflows post-SIVB failure likely leave FRC in a tough spot.”“Any potential sale would likely be a tough outcome for existing shareholders, given mark-to-market accounting on loans,” McGratty wrote.Investors across the banking space are on tenterhooks amid the upheaval in US regional lenders as well as thetumultsurrounding Credit Suisse Group AG. Shares of the Swiss bank rebounded Thursday after itopened a $54 billion line of creditwith the country’s central bank and offered to buy back debt. The European Central Bankdelivered a planned half-point hikein interest rates on Thursday.On Wednesday, First Republic shares sank 21% as its credit rating wascut to junkby S&P Global Ratings and Fitch Ratings. The bank said Sunday that itstotal available unused liquidityto fund operations was morethan $70 billion, from agreements that included the Federal Reserve and JPMorgan Chase & Co.First Republic specializes in private banking and wealth management, and has tried to differentiate itself from Silicon Valley Bank. Several regional bank peers were down as well. PacWest Bancorp sank by 14% and Western Alliance Bancorp slid 9%.“First Republic’s options have narrowed following deposit outflow, a sharp share-price decline and recent downgrades from ratings agencies, while a potential sale of the bank could center on the attractive wealth-management business,” Herman Chan, an analyst atBloomberg Intelligence, wrote in a note.","news_type":1},"isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943070492,"gmtCreate":1679006618117,"gmtModify":1679006622419,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943070492","repostId":"1117785515","repostType":2,"repost":{"id":"1117785515","pubTimestamp":1678978338,"share":"https://www.laohu8.com/m/news/1117785515?lang=&edition=full","pubTime":"2023-03-16 22:52","market":"us","language":"en","title":"JPMorgan, Morgan Stanley and Others in Talks to Bolster First Republic","url":"https://stock-news.laohu8.com/highlight/detail?id=1117785515","media":"The Wall Street Journal","summary":"JPMorgan Chase& Co.,Morgan Stanley and several other big banks are discussing a potential deal with ","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/81b45059a19577c262275c2fa29b7690\" tg-width=\"860\" tg-height=\"574\" referrerpolicy=\"no-referrer\"/>JPMorgan Chase&amp; Co.,Morgan Stanley and several other big banks are discussing a potential deal with First Republic Bank that could include a sizable capital infusion to shore up the beleaguered lender, people familiar with the matter said.</p><p>First Republic is working on various potential options including a capital raise that could take various forms, the people said. A full takeover is also a possibility, though some of the people cautioned that looks unlikely at this point.</p><p>The situation is fluid and whether a deal comes together and what it might look like is still highly uncertain. Any deal would need the blessing of regulators and will be driven at least in part by the bank’s highly volatile stock. First Republic’s stock has been pummeled for days and fell another 26% Thursday morning over concerns about the bank’s health in the wake of the collapse of Silicon Valley Bank.</p><p><img src=\"https://static.tigerbbs.com/893dd8a4a5d972315811be9297d8ec58\" tg-width=\"840\" tg-height=\"860\" referrerpolicy=\"no-referrer\"/></p><p>Should there be a deal, it could come together in the coming days, the people said.</p><p></p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>JPMorgan, Morgan Stanley and Others in Talks to Bolster First Republic</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\">\nJPMorgan, Morgan Stanley and Others in Talks to Bolster First Republic\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 22:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/jpmorgan-morgan-stanley-and-others-in-talks-to-bolster-first-republic-4f9eeb76?mod=Searchresults_pos1&page=1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JPMorgan Chase& Co.,Morgan Stanley and several other big banks are discussing a potential deal with First Republic Bank that could include a sizable capital infusion to shore up the beleaguered lender...</p>\n\n<a href=\"https://www.wsj.com/articles/jpmorgan-morgan-stanley-and-others-in-talks-to-bolster-first-republic-4f9eeb76?mod=Searchresults_pos1&page=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MS":"摩根士丹利","JPM":"摩根大通"},"source_url":"https://www.wsj.com/articles/jpmorgan-morgan-stanley-and-others-in-talks-to-bolster-first-republic-4f9eeb76?mod=Searchresults_pos1&page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117785515","content_text":"JPMorgan Chase& Co.,Morgan Stanley and several other big banks are discussing a potential deal with First Republic Bank that could include a sizable capital infusion to shore up the beleaguered lender, people familiar with the matter said.First Republic is working on various potential options including a capital raise that could take various forms, the people said. A full takeover is also a possibility, though some of the people cautioned that looks unlikely at this point.The situation is fluid and whether a deal comes together and what it might look like is still highly uncertain. Any deal would need the blessing of regulators and will be driven at least in part by the bank’s highly volatile stock. First Republic’s stock has been pummeled for days and fell another 26% Thursday morning over concerns about the bank’s health in the wake of the collapse of Silicon Valley Bank.Should there be a deal, it could come together in the coming days, the people said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943070568,"gmtCreate":1679006607555,"gmtModify":1679006611565,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943070568","repostId":"2319339437","repostType":2,"repost":{"id":"2319339437","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1678970556,"share":"https://www.laohu8.com/m/news/2319339437?lang=&edition=full","pubTime":"2023-03-16 20:42","market":"us","language":"en","title":"Tech Stocks Appear to Be a Haven From the Banking Crisis, for Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2319339437","media":"Dow Jones","summary":"Technology stocks have remained relatively insulated from the turmoil rattling financial markets. Ho","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/b100c5516b8c743488b07d6e8e470ee9\" tg-width=\"860\" tg-height=\"622\" width=\"100%\" height=\"auto\"/></p><p>Technology stocks have remained relatively insulated from the turmoil rattling financial markets. How long that lasts is anyone&#39;s guess.</p><p>The tech and communication services groups in the S&amp;P 500 -- home to the likes of Apple Inc., Microsoft Corp. and the parent companies of Facebook and Google -- have climbed 2.3% and 2.9%, respectively, in March, extending their 2023 gains.</p><p>The sectors have been bright spots in a stock market battered by worries about the health of the financial system. A sharp drop in bank stocks has dragged the S&amp;P 500 down 2% this month, trimming its gains for the year to 1.4%. The only other segments in the green for March are utilities and consumer staples.</p><p>The rise in tech stocks has coincided with a plunge in government bond yields and hopes that the Federal Reserve is nearing the end of its campaign raising interest rates. Among the biggest gainers in March are Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc., which has jumped 13%; Salesforce Inc., which has surged 12%; and networking-equipment provider Arista Networks Inc., which has climbed 11%.</p><p>Tech stocks were clobbered last year when the central bank began its tightening campaign and the market environment turned to favor investments that generated immediate cash for the holder. Low yields, on the other hand, make many investors willing to pay more for shares of tech companies that they expect to churn out outsize profits in the future.</p><p><img src=\"https://static.tigerbbs.com/f0da515d4d030955f81c56c315785bc4\" tg-width=\"745\" tg-height=\"511\" width=\"100%\" height=\"auto\"/></p><p>The yield on the 10-year Treasury note, which affects everything from auto and student loans to mortgage debt, has dropped below 3.5% from above 4% in early March. Monday&#39;s yield decline on the two-year note, which is particularly sensitive to investors&#39; interest rate expectations, was the sharpest since Black Monday in 1987.</p><p>And in the derivatives market, investors say it is a tossup whether the Fed will raise interest rates by a quarter-point next week or hold them steady. Some traders are again calling for the central bank to cut rates later this year.</p><p>&#34;The writing on the wall is that between the stress on the banking sector and some other economic data out there, we&#39;re getting to the end point here with respect to interest rate hikes,&#34; said Don Calcagni, chief investment officer of Mercer Advisors.</p><p>The bounce in tech stocks is surprising to some investors, given the spillover risks from the collapse of Silicon Valley Bank, a big lender to venture capitalists and technology startups. The failure of the bank, which underwent a run on deposits, was the second-biggest in U.S. history. <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a> and <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> Corp., both players in the cryptocurrency industry, also failed in recent days. The crisis in confidence crossed the Atlantic on Wednesday when Credit Suisse Group AG shares plumbed new lows.</p><p>Sylvia Jablonski, chief investment officer at Defiance ETFs, said she isn&#39;t surprised by investors&#39; renewed appetite for tech stocks, given how badly they were battered last year. The tech and communication services groups fell about 30% and 40% in 2022, respectively, compared with a roughly 20% drop for the S&amp;P 500.</p><p>&#34;Do they deserve to be down that much? Probably not,&#34; she said.</p><p>Within the tech sector, semiconductor stocks have been among the biggest winners of late, partly because of the reopening of China&#39;s economy. Intel Corp. and Advanced Micro Devices Inc. have added 14% this month.</p><p>The turmoil in the banking sector has increased the chances of an economic downturn, and some investors say that bolsters the case for holding tech stocks. Jason Pride, chief investment officer of private wealth at Glenmede, said he sees tech as one of the few areas of the market with the potential to post growth during a recession.</p><p>&#34;Technology stocks tend to have more stable businesses and more downside protection during more difficult times,&#34; said Mr. Pride, who added that he is still cautious on the segment because valuations remain elevated, leaving the group vulnerable to further declines.</p><p>The tech sector is trading at about 22.5 times its expected earnings over the next 12 months, and the communication services sector trades at around 15.4 times earnings. In comparison, the S&amp;P 500&#39;s multiple is roughly 17.3.</p><p>It is difficult to make any longer-term predictions about the market&#39;s trajectory because investors don&#39;t yet fully understand how the crisis in the banking sector will unfold, how quickly inflation will ease or how the Fed will respond, Mr. Calcagni of Mercer Advisors said.</p><p>&#34;We still don&#39;t know if there is another shoe to drop,&#34; he said. &#34;It&#39;s very conceivable that the gains we&#39;ve seen in tech, we give those back. There&#39;s so much stress and so much concern in the market.&#34;</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>Tech Stocks Appear to Be a Haven From the Banking Crisis, for Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech Stocks Appear to Be a Haven From the Banking Crisis, for Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-16 20:42</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/b100c5516b8c743488b07d6e8e470ee9\" tg-width=\"860\" tg-height=\"622\" width=\"100%\" height=\"auto\"/></p><p>Technology stocks have remained relatively insulated from the turmoil rattling financial markets. How long that lasts is anyone&#39;s guess.</p><p>The tech and communication services groups in the S&amp;P 500 -- home to the likes of Apple Inc., Microsoft Corp. and the parent companies of Facebook and Google -- have climbed 2.3% and 2.9%, respectively, in March, extending their 2023 gains.</p><p>The sectors have been bright spots in a stock market battered by worries about the health of the financial system. A sharp drop in bank stocks has dragged the S&amp;P 500 down 2% this month, trimming its gains for the year to 1.4%. The only other segments in the green for March are utilities and consumer staples.</p><p>The rise in tech stocks has coincided with a plunge in government bond yields and hopes that the Federal Reserve is nearing the end of its campaign raising interest rates. Among the biggest gainers in March are Facebook parent <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc., which has jumped 13%; Salesforce Inc., which has surged 12%; and networking-equipment provider Arista Networks Inc., which has climbed 11%.</p><p>Tech stocks were clobbered last year when the central bank began its tightening campaign and the market environment turned to favor investments that generated immediate cash for the holder. Low yields, on the other hand, make many investors willing to pay more for shares of tech companies that they expect to churn out outsize profits in the future.</p><p><img src=\"https://static.tigerbbs.com/f0da515d4d030955f81c56c315785bc4\" tg-width=\"745\" tg-height=\"511\" width=\"100%\" height=\"auto\"/></p><p>The yield on the 10-year Treasury note, which affects everything from auto and student loans to mortgage debt, has dropped below 3.5% from above 4% in early March. Monday&#39;s yield decline on the two-year note, which is particularly sensitive to investors&#39; interest rate expectations, was the sharpest since Black Monday in 1987.</p><p>And in the derivatives market, investors say it is a tossup whether the Fed will raise interest rates by a quarter-point next week or hold them steady. Some traders are again calling for the central bank to cut rates later this year.</p><p>&#34;The writing on the wall is that between the stress on the banking sector and some other economic data out there, we&#39;re getting to the end point here with respect to interest rate hikes,&#34; said Don Calcagni, chief investment officer of Mercer Advisors.</p><p>The bounce in tech stocks is surprising to some investors, given the spillover risks from the collapse of Silicon Valley Bank, a big lender to venture capitalists and technology startups. The failure of the bank, which underwent a run on deposits, was the second-biggest in U.S. history. <a href=\"https://laohu8.com/S/SBNYP\">Signature Bank</a> and <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> Corp., both players in the cryptocurrency industry, also failed in recent days. The crisis in confidence crossed the Atlantic on Wednesday when Credit Suisse Group AG shares plumbed new lows.</p><p>Sylvia Jablonski, chief investment officer at Defiance ETFs, said she isn&#39;t surprised by investors&#39; renewed appetite for tech stocks, given how badly they were battered last year. The tech and communication services groups fell about 30% and 40% in 2022, respectively, compared with a roughly 20% drop for the S&amp;P 500.</p><p>&#34;Do they deserve to be down that much? Probably not,&#34; she said.</p><p>Within the tech sector, semiconductor stocks have been among the biggest winners of late, partly because of the reopening of China&#39;s economy. Intel Corp. and Advanced Micro Devices Inc. have added 14% this month.</p><p>The turmoil in the banking sector has increased the chances of an economic downturn, and some investors say that bolsters the case for holding tech stocks. Jason Pride, chief investment officer of private wealth at Glenmede, said he sees tech as one of the few areas of the market with the potential to post growth during a recession.</p><p>&#34;Technology stocks tend to have more stable businesses and more downside protection during more difficult times,&#34; said Mr. Pride, who added that he is still cautious on the segment because valuations remain elevated, leaving the group vulnerable to further declines.</p><p>The tech sector is trading at about 22.5 times its expected earnings over the next 12 months, and the communication services sector trades at around 15.4 times earnings. In comparison, the S&amp;P 500&#39;s multiple is roughly 17.3.</p><p>It is difficult to make any longer-term predictions about the market&#39;s trajectory because investors don&#39;t yet fully understand how the crisis in the banking sector will unfold, how quickly inflation will ease or how the Fed will respond, Mr. Calcagni of Mercer Advisors said.</p><p>&#34;We still don&#39;t know if there is another shoe to drop,&#34; he said. &#34;It&#39;s very conceivable that the gains we&#39;ve seen in tech, we give those back. There&#39;s so much stress and so much concern in the market.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4139":"生物科技","BK4533":"AQR资本管理(全球第二大对冲基金)","GOOG":"谷歌","BK4007":"制药","BK4575":"芯片概念","SSO":"两倍做多标普500ETF","IVV":"标普500指数ETF","BK4535":"淡马锡持仓","BK4559":"巴菲特持仓","BK4527":"明星科技股","SDS":"两倍做空标普500ETF","BK4588":"碎股","BK4550":"红杉资本持仓","BOLT":"Bolt Biotherapeutics, Inc.","BK4141":"半导体产品","BK4579":"人工智能","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","BK4581":"高盛持仓","UPRO":"三倍做多标普500ETF","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","BK4512":"苹果概念","BK4504":"桥水持仓","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","SPY":"标普500ETF","META":"Meta Platforms","MSFT":"微软","BK4534":"瑞士信贷持仓","BK4529":"IDC概念","BK4539":"次新股","TERN":"Terns Pharmaceuticals, Inc.",".SPX":"S&P 500 Index","BK4554":"元宇宙及AR概念","OEX":"标普100","BK4515":"5G概念","OEF":"标普100指数ETF-iShares","INTC":"英特尔","BK4191":"家用电器","BK4585":"ETF&股票定投概念","AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319339437","content_text":"Technology stocks have remained relatively insulated from the turmoil rattling financial markets. How long that lasts is anyone's guess.The tech and communication services groups in the S&P 500 -- home to the likes of Apple Inc., Microsoft Corp. and the parent companies of Facebook and Google -- have climbed 2.3% and 2.9%, respectively, in March, extending their 2023 gains.The sectors have been bright spots in a stock market battered by worries about the health of the financial system. A sharp drop in bank stocks has dragged the S&P 500 down 2% this month, trimming its gains for the year to 1.4%. The only other segments in the green for March are utilities and consumer staples.The rise in tech stocks has coincided with a plunge in government bond yields and hopes that the Federal Reserve is nearing the end of its campaign raising interest rates. Among the biggest gainers in March are Facebook parent Meta Platforms Inc., which has jumped 13%; Salesforce Inc., which has surged 12%; and networking-equipment provider Arista Networks Inc., which has climbed 11%.Tech stocks were clobbered last year when the central bank began its tightening campaign and the market environment turned to favor investments that generated immediate cash for the holder. Low yields, on the other hand, make many investors willing to pay more for shares of tech companies that they expect to churn out outsize profits in the future.The yield on the 10-year Treasury note, which affects everything from auto and student loans to mortgage debt, has dropped below 3.5% from above 4% in early March. Monday's yield decline on the two-year note, which is particularly sensitive to investors' interest rate expectations, was the sharpest since Black Monday in 1987.And in the derivatives market, investors say it is a tossup whether the Fed will raise interest rates by a quarter-point next week or hold them steady. Some traders are again calling for the central bank to cut rates later this year.\"The writing on the wall is that between the stress on the banking sector and some other economic data out there, we're getting to the end point here with respect to interest rate hikes,\" said Don Calcagni, chief investment officer of Mercer Advisors.The bounce in tech stocks is surprising to some investors, given the spillover risks from the collapse of Silicon Valley Bank, a big lender to venture capitalists and technology startups. The failure of the bank, which underwent a run on deposits, was the second-biggest in U.S. history. Signature Bank and Silvergate Capital Corp., both players in the cryptocurrency industry, also failed in recent days. The crisis in confidence crossed the Atlantic on Wednesday when Credit Suisse Group AG shares plumbed new lows.Sylvia Jablonski, chief investment officer at Defiance ETFs, said she isn't surprised by investors' renewed appetite for tech stocks, given how badly they were battered last year. The tech and communication services groups fell about 30% and 40% in 2022, respectively, compared with a roughly 20% drop for the S&P 500.\"Do they deserve to be down that much? Probably not,\" she said.Within the tech sector, semiconductor stocks have been among the biggest winners of late, partly because of the reopening of China's economy. Intel Corp. and Advanced Micro Devices Inc. have added 14% this month.The turmoil in the banking sector has increased the chances of an economic downturn, and some investors say that bolsters the case for holding tech stocks. Jason Pride, chief investment officer of private wealth at Glenmede, said he sees tech as one of the few areas of the market with the potential to post growth during a recession.\"Technology stocks tend to have more stable businesses and more downside protection during more difficult times,\" said Mr. Pride, who added that he is still cautious on the segment because valuations remain elevated, leaving the group vulnerable to further declines.The tech sector is trading at about 22.5 times its expected earnings over the next 12 months, and the communication services sector trades at around 15.4 times earnings. In comparison, the S&P 500's multiple is roughly 17.3.It is difficult to make any longer-term predictions about the market's trajectory because investors don't yet fully understand how the crisis in the banking sector will unfold, how quickly inflation will ease or how the Fed will respond, Mr. Calcagni of Mercer Advisors said.\"We still don't know if there is another shoe to drop,\" he said. \"It's very conceivable that the gains we've seen in tech, we give those back. There's so much stress and so much concern in the market.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943070214,"gmtCreate":1679006592039,"gmtModify":1679006595805,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943070214","repostId":"1130069870","repostType":2,"repost":{"id":"1130069870","pubTimestamp":1678977851,"share":"https://www.laohu8.com/m/news/1130069870?lang=&edition=full","pubTime":"2023-03-16 22:44","market":"us","language":"en","title":"First Republic Goes From Wall Street Raider to Seller in Days","url":"https://stock-news.laohu8.com/highlight/detail?id=1130069870","media":"Bloomberg","summary":"Bank built a $271 billion wealth-management unit aimed at richShares are plunging as company weighs ","content":"<html><head></head><body><ul><li>Bank built a $271 billion wealth-management unit aimed at rich</li><li>Shares are plunging as company weighs options, including sale</li></ul><p><img src=\"https://static.tigerbbs.com/04fc778c9b909c9ba73e47a5ac98da98\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/></p><p>Just days ago,First Republic Bankboasted of another coup for its wealth-management business:poachinga six-person team fromMorgan Stanleyin Los Angeles.</p><p>That followed hiring sprees targetingBank of America Corp.,JPMorgan Chase &amp; Co., Bank of New York Mellon Corp. andWells Fargo &amp; Co.— raiding crews in Boston, New York and Palo Alto, California. It reflected how the San Francisco-based bank was rapidly expanding on the back of tech riches.</p><p>Now First Republic is racing to reassure customers and clients that it can avoid the fate ofSilicon Valley Bank, which collapsed last week after its depositors fled.</p><p>First Republic’s stockplunged35% at the open on Thursday and is down more than 80% since March 8. It’s now exploring strategic options including a sale, and is expected to draw interest from larger rivals, Bloomberg NewsreportedWednesday.</p><p>It’s a stunning turn of events for the lender, which built up a wealth-management franchise with some $271 billion in assets, putting it in rarefied air among American institutions. Yet it’s the emphasis on that business that could make First Republic’s fate different from SVB and New York’sSignature Bank.</p><p>While it expanded rapidly into capital call lines of credit and lending to venture capitalists — services in which SVB specialized — its specialty serving the affluent is seen as making it more attractive than its California counterpart.</p><p>“First Republic Bank grew up in wealth,” whereas “SVB started in portfolio companies,” said Joe Maxwell, managing partner at Fintop Capital, a fintech venture capital firm. Even though there’s a lot of overlap, where they started is still “part of their DNA,” he said.</p><p>A representative for First Republic didn’t immediately reply to a request for comment. Emails sent to the leaders of its newly added adviser team weren’t immediately returned.</p><p>In a March 12message to clients, signed by Executive Chairman Jim Herbert and Chief Executive Officer Michael Roffler, the bank said it has taken steps to bolster itsliquiditywith access to additional financing from JPMorgan.</p><p>“For almost 40 years, we have operated a simple, straightforward business model centered on taking extraordinary care of our clients. We have successfully navigated various macroeconomic and interest rate environments,” they said.</p><h2>Different Origins</h2><p>First Republic’s origin story, in many ways, couldn’t be more different than SVB’s.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/65d0b402e71145670ba96e4eec3bb0a7\" tg-width=\"800\" tg-height=\"508\" referrerpolicy=\"no-referrer\"/><span>Jim Herbert, right, at a Lincoln Center gala with David and Jamie Mitchell in 2011.Photographer: Amanda Gordon/Bloomberg</span></p><p>Herbert founded First Republic in 1985, based on a hunch that jumbo home mortgages to wealthy, established Californians was too good a business to pass up. SVB’s model of providing banking to startups was conceived a few years prior — over a poker game.</p><p>Yet in the coming four decades, as interest rates tumbled and hot tech money came to dominate American finance, their customer bases began to overlap.</p><p>First Republic started actively courting Silicon Valley’s tech wealth. The bank opened a branch inside Facebook’s campus in Menlo Park, California, in an effort to win over early employees on the road to riches. In San Francisco, it has a bank location inside Twitter’s headquarters on Market Street, which remains open.</p><p>Meanwhile, SVB’s offerings grew as founders and venture capitalists got rich, with the firm eventually buying wealth manager Boston Private in 2021.</p><p>Still, that wealth business pales in comparison to First Republic’s, which saw assets balloon to $271 billion from just $17.8 billion at theend of 2010.</p><h2>Major Player</h2><p>It was around that time that First Republic executives initiated a plan to transform its wealth division into a major player. Among its first deals was buying Luminous Capital, with $6 billion in client assets, for a reported $125 million in 2014.</p><p>“They weren’t penetrating the high-net-worth investment business very well” back then, said Luminous co-founder David Hou.</p><p>As assets continued to climb, eventually surpassing $100 billion, Hou and Mark Sear, his partner, opted to split from the bank. They left in 2019 to start Evoke Advisors.</p><p>Hou, Sear and other Evoke partners though have kept money with First Republic amid the past week’s upheaval. So have other clients and fund managers, some expressinglovefor the bank on social media andurgingpeople to stay put.</p><p>One Silicon Valley investor said they planned to keep all of their personal and business funds with First Republic.</p><p>Despite not having its origins in tech, the investor, who asked not to be identified discussing private information, found First Republic better understood the complexities of private tech wealth than the big banks — and on an even footing with SVB.</p><p>They were introduced to both banks six years ago as an early tech employee and chose First Republic over SVB for its relationship management with clients. They now have a personal line of credit, mortgage and venture fund with the bank — and plan to keep it there.</p><p>That kind of resolution was put to the test again on Wednesday, when both S&amp;P Global Ratings and Fitch RatingscutFirst Republic’s credit grade to junk, citing risks that its clients would pull their money en masse.</p><h2>No Chances</h2><p>Other First Republic clients are also hoping to see the bank get through the turmoil — but aren’t taking any chances.</p><p>Bay Area homebuyers are now resorting to “double apping” — submitting loan applications at a second bank just in case, said Joske Thompson, a real estate broker at Compass in San Francisco.</p><p>“To have a backup was unheard of just until last week,” said Thompson, who has been a real estate broker for four decades.</p><p>They’re not the only ones exerting caution.</p><p>A New York-based wealth-management firm catering to high-net-worth investors moved an upper-eight-figure amount of cash from First Republic last week, including money in checking accounts, corporate funds and certificates of deposit, according to a person familiar with the matter.</p><p>The person, who asked not to be identified discussing private information, said the wealth manager doesn’t intend to leave the bank forever, but is looking to spread cash around and diversify after SVB’s collapse.</p><p>The money is being rerouted to institutions including JPMorgan and BNY Mellon, the person said.</p><h2>Cultural Connections</h2><p>Herbert, who was First Republic’s CEO for 37 years, has ranked among the highest-paid US executives. The bank’s board includes Colony Capital founder Tom Barrack.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6b8bed2f2289d248bb2cb300f8dcbb09\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/><span>Tom BarrackPhotographer: Kyle Grillot/Bloomberg</span></p><p>Herbert’s compensation totaled $17.8 million in 2021, according to the company’s proxy statement. He has been on the board of institutions from coast to coast, including the San Francisco Ballet Association and New York’s Lincoln Center for the Performing Arts.</p><p>Herbert’s wife, Cecilia, has long been on theboardoverseeingBlackRock Inc.’s iShares exchange-traded fund complex. She’s also been on the boards of nonprofits including Stanford Health Care and WNET Group, a New York public media company.</p><p>Jean-Marc Berteaux had been a private wealth client with First Republic for more than 15 years when he and another customer introduced the bank to Boston Youth Symphony Orchestras, a nonprofit where they serve as board members.</p><p>“They’re supporting nonprofits with the understanding that they can grow their private wealth business,” said Berteaux, a retired investment manager.</p><p>He said his banker was on the phone with him Saturday and Sunday, making sure an insured cash sweep was in place to spread out the nonprofit’s millions in $250,000 chunks to other banks.</p><p>“Give me a mega bank that would have done that,” Berteaux said.</p><h2>Concentration Risk</h2><p>The similarities — and differences — between First Republic and SVB are visible on their balance sheets.</p><p>Both SVB and First Republic finance capital call lines to private equity and venture capital funds. But SVB’s $41 billion balance made up more than half of its loan portfolio. First Republic had $10 billion of such loans outstanding.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/272b4dca201b8b6f8a85e660ae4186d0\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/><span>Mark ZuckerbergPhotographer: George Frey/Bloomberg</span></p><p>Both originate single-family mortgages, but SVB had lent less than $9 billion. That’s a fraction of First Republic’s $99 billion balance, which made up 59% of their loan portfolio (it gave Mark Zuckerberg a1.05% ratein 2012). It had another $22 billion in multifamily loans and $11 billion in other commercial real estate.</p><p>One area of contrast is their deposit base. Consumer accounts make up 37% of First Republic’s, with businesses covering the rest. SVB doesn’t have the same breakdown in its most recent annual report, but notes deposits came largely from commercial clients in tech, life sciences, private equity and venture capital.</p><p>First Republic has said no sector represents more than 9% of total business deposits, while it has a smaller percentage of unsecured deposits than SVB.</p><p>Dick Bove, chief financial strategist at Odeon Capital Group, expects Royal Bank of Canada is most likely to bid for First Republic,drawn inby the wealth management business.</p><p>“Banks always want what they like to call the ultra-wealthy client group,” he said. First Republic clients have amassed wealth over decades, he said, while many SVB clients were at the whims of “hot money.”</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>First Republic Goes From Wall Street Raider to Seller in Days</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\">\nFirst Republic Goes From Wall Street Raider to Seller in Days\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 22:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-16/first-republic-goes-from-wall-street-raider-to-seller-in-days><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank built a $271 billion wealth-management unit aimed at richShares are plunging as company weighs options, including saleJust days ago,First Republic Bankboasted of another coup for its wealth-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-goes-from-wall-street-raider-to-seller-in-days\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PACW":"西太平洋合众银行","WAL":"阿莱恩斯西部银行"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-goes-from-wall-street-raider-to-seller-in-days","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130069870","content_text":"Bank built a $271 billion wealth-management unit aimed at richShares are plunging as company weighs options, including saleJust days ago,First Republic Bankboasted of another coup for its wealth-management business:poachinga six-person team fromMorgan Stanleyin Los Angeles.That followed hiring sprees targetingBank of America Corp.,JPMorgan Chase & Co., Bank of New York Mellon Corp. andWells Fargo & Co.— raiding crews in Boston, New York and Palo Alto, California. It reflected how the San Francisco-based bank was rapidly expanding on the back of tech riches.Now First Republic is racing to reassure customers and clients that it can avoid the fate ofSilicon Valley Bank, which collapsed last week after its depositors fled.First Republic’s stockplunged35% at the open on Thursday and is down more than 80% since March 8. It’s now exploring strategic options including a sale, and is expected to draw interest from larger rivals, Bloomberg NewsreportedWednesday.It’s a stunning turn of events for the lender, which built up a wealth-management franchise with some $271 billion in assets, putting it in rarefied air among American institutions. Yet it’s the emphasis on that business that could make First Republic’s fate different from SVB and New York’sSignature Bank.While it expanded rapidly into capital call lines of credit and lending to venture capitalists — services in which SVB specialized — its specialty serving the affluent is seen as making it more attractive than its California counterpart.“First Republic Bank grew up in wealth,” whereas “SVB started in portfolio companies,” said Joe Maxwell, managing partner at Fintop Capital, a fintech venture capital firm. Even though there’s a lot of overlap, where they started is still “part of their DNA,” he said.A representative for First Republic didn’t immediately reply to a request for comment. Emails sent to the leaders of its newly added adviser team weren’t immediately returned.In a March 12message to clients, signed by Executive Chairman Jim Herbert and Chief Executive Officer Michael Roffler, the bank said it has taken steps to bolster itsliquiditywith access to additional financing from JPMorgan.“For almost 40 years, we have operated a simple, straightforward business model centered on taking extraordinary care of our clients. We have successfully navigated various macroeconomic and interest rate environments,” they said.Different OriginsFirst Republic’s origin story, in many ways, couldn’t be more different than SVB’s.Jim Herbert, right, at a Lincoln Center gala with David and Jamie Mitchell in 2011.Photographer: Amanda Gordon/BloombergHerbert founded First Republic in 1985, based on a hunch that jumbo home mortgages to wealthy, established Californians was too good a business to pass up. SVB’s model of providing banking to startups was conceived a few years prior — over a poker game.Yet in the coming four decades, as interest rates tumbled and hot tech money came to dominate American finance, their customer bases began to overlap.First Republic started actively courting Silicon Valley’s tech wealth. The bank opened a branch inside Facebook’s campus in Menlo Park, California, in an effort to win over early employees on the road to riches. In San Francisco, it has a bank location inside Twitter’s headquarters on Market Street, which remains open.Meanwhile, SVB’s offerings grew as founders and venture capitalists got rich, with the firm eventually buying wealth manager Boston Private in 2021.Still, that wealth business pales in comparison to First Republic’s, which saw assets balloon to $271 billion from just $17.8 billion at theend of 2010.Major PlayerIt was around that time that First Republic executives initiated a plan to transform its wealth division into a major player. Among its first deals was buying Luminous Capital, with $6 billion in client assets, for a reported $125 million in 2014.“They weren’t penetrating the high-net-worth investment business very well” back then, said Luminous co-founder David Hou.As assets continued to climb, eventually surpassing $100 billion, Hou and Mark Sear, his partner, opted to split from the bank. They left in 2019 to start Evoke Advisors.Hou, Sear and other Evoke partners though have kept money with First Republic amid the past week’s upheaval. So have other clients and fund managers, some expressinglovefor the bank on social media andurgingpeople to stay put.One Silicon Valley investor said they planned to keep all of their personal and business funds with First Republic.Despite not having its origins in tech, the investor, who asked not to be identified discussing private information, found First Republic better understood the complexities of private tech wealth than the big banks — and on an even footing with SVB.They were introduced to both banks six years ago as an early tech employee and chose First Republic over SVB for its relationship management with clients. They now have a personal line of credit, mortgage and venture fund with the bank — and plan to keep it there.That kind of resolution was put to the test again on Wednesday, when both S&P Global Ratings and Fitch RatingscutFirst Republic’s credit grade to junk, citing risks that its clients would pull their money en masse.No ChancesOther First Republic clients are also hoping to see the bank get through the turmoil — but aren’t taking any chances.Bay Area homebuyers are now resorting to “double apping” — submitting loan applications at a second bank just in case, said Joske Thompson, a real estate broker at Compass in San Francisco.“To have a backup was unheard of just until last week,” said Thompson, who has been a real estate broker for four decades.They’re not the only ones exerting caution.A New York-based wealth-management firm catering to high-net-worth investors moved an upper-eight-figure amount of cash from First Republic last week, including money in checking accounts, corporate funds and certificates of deposit, according to a person familiar with the matter.The person, who asked not to be identified discussing private information, said the wealth manager doesn’t intend to leave the bank forever, but is looking to spread cash around and diversify after SVB’s collapse.The money is being rerouted to institutions including JPMorgan and BNY Mellon, the person said.Cultural ConnectionsHerbert, who was First Republic’s CEO for 37 years, has ranked among the highest-paid US executives. The bank’s board includes Colony Capital founder Tom Barrack.Tom BarrackPhotographer: Kyle Grillot/BloombergHerbert’s compensation totaled $17.8 million in 2021, according to the company’s proxy statement. He has been on the board of institutions from coast to coast, including the San Francisco Ballet Association and New York’s Lincoln Center for the Performing Arts.Herbert’s wife, Cecilia, has long been on theboardoverseeingBlackRock Inc.’s iShares exchange-traded fund complex. She’s also been on the boards of nonprofits including Stanford Health Care and WNET Group, a New York public media company.Jean-Marc Berteaux had been a private wealth client with First Republic for more than 15 years when he and another customer introduced the bank to Boston Youth Symphony Orchestras, a nonprofit where they serve as board members.“They’re supporting nonprofits with the understanding that they can grow their private wealth business,” said Berteaux, a retired investment manager.He said his banker was on the phone with him Saturday and Sunday, making sure an insured cash sweep was in place to spread out the nonprofit’s millions in $250,000 chunks to other banks.“Give me a mega bank that would have done that,” Berteaux said.Concentration RiskThe similarities — and differences — between First Republic and SVB are visible on their balance sheets.Both SVB and First Republic finance capital call lines to private equity and venture capital funds. But SVB’s $41 billion balance made up more than half of its loan portfolio. First Republic had $10 billion of such loans outstanding.Mark ZuckerbergPhotographer: George Frey/BloombergBoth originate single-family mortgages, but SVB had lent less than $9 billion. That’s a fraction of First Republic’s $99 billion balance, which made up 59% of their loan portfolio (it gave Mark Zuckerberg a1.05% ratein 2012). It had another $22 billion in multifamily loans and $11 billion in other commercial real estate.One area of contrast is their deposit base. Consumer accounts make up 37% of First Republic’s, with businesses covering the rest. SVB doesn’t have the same breakdown in its most recent annual report, but notes deposits came largely from commercial clients in tech, life sciences, private equity and venture capital.First Republic has said no sector represents more than 9% of total business deposits, while it has a smaller percentage of unsecured deposits than SVB.Dick Bove, chief financial strategist at Odeon Capital Group, expects Royal Bank of Canada is most likely to bid for First Republic,drawn inby the wealth management business.“Banks always want what they like to call the ultra-wealthy client group,” he said. First Republic clients have amassed wealth over decades, he said, while many SVB clients were at the whims of “hot money.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949750561,"gmtCreate":1678920368353,"gmtModify":1678920372125,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949750561","repostId":"2319895697","repostType":4,"repost":{"id":"2319895697","pubTimestamp":1678880128,"share":"https://www.laohu8.com/m/news/2319895697?lang=&edition=full","pubTime":"2023-03-15 19:35","market":"us","language":"en","title":"3 Stocks to Buy for a Massive Short-Squeeze Rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2319895697","media":"InvestorPlace","summary":"These are the short-squeeze stocks to buy for 100% returns potential at the blink of an eye.Lucid Gr","content":"<html><head></head><body><ul><li>These are the short-squeeze stocks to buy for 100% returns potential at the blink of an eye.</li><li><b>Lucid Group</b> (<b><u>LCID</u></b>): Healthy production guidance for 2023 and fully financed through Q1 2024.</li><li><b><a href=\"https://laohu8.com/S/CGC\">Canopy Growth Corporation</a></b> (<b><u>CGC</u></b>): Strong cash buffer for organic and acquisition driven growth.</li><li><b><a href=\"https://laohu8.com/S/BLNK\">Blink Charging</a></b> (<b><u>BLNK</u></b>): Robust revenue growth to sustain in an underpenetrated EV charging infrastructure market.</li></ul><p><img src=\"https://static.tigerbbs.com/fe94dc7f0783e07ef44a9ef8a55bb5de\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: g0d4ather / Shutterstock.com</p><p>Short-squeeze stocks produced great results in the last bull market. Investors targeted penny or meme stocks with a high short interest in big buying. An initial rally translated into short covering, which accelerated the upside. I am sure investors remember the unbelievable rally in <b>GameStop</b> (NYSE:<b><u>GME</u></b>).</p><p>This trading strategy is purely speculative stocks that made sense when the financial system had ample liquidity. The same trading strategy makes sense in non-speculative stocks today, with investors being increasingly selective amidst tight monetary policies.</p><p>I would target stocks with decent business fundamentals and high short interest as a percent of free float. One or two pieces of good news can send these stocks skyrocketing. I would bet on 100% returns on these short-squeeze stocks in the next 6 to 12 months.</p><p>Let’s discuss why these short-squeeze stocks are worth considering at current levels.</p><table><tbody><tr><td><b>Ticker</b></td><td><b>Company</b></td><td><b>Price</b></td></tr><tr><td><b>LCID</b></td><td>Lucid Group</td><td>$7.57</td></tr><tr><td><b>CGC</b></td><td>Canopy Growth Corporation</td><td>$2.08</td></tr><tr><td><b>BLNK</b></td><td>Blink Charging</td><td>$7.82</td></tr></tbody></table><h2>Lucid Group (LCID)</h2><p><img src=\"https://static.tigerbbs.com/28ebd1f9843e8c385482a0e0687bbcb9\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Tada Images / Shutterstock</p><p><b>Lucid Group</b> (NASDAQ:<b><u>LCID</u></b>) stock has disappointed investors with a correction of 65% in the last 12 months. With a short interest that’s at 20% of the free float, LCID stock seems poised for a short-squeeze rally. As a matter of fact, LCID stock has rallied by 27% for year-to-date 2023.</p><p>For 2022, Lucid reported production of 3,493 vehicles. For the current year, production is expected in the range of 10,000 to 14,000 vehicles. Revenue growth will likely accelerate significantly with an order backlog of 28,000 vehicles.</p><p>Lucid is also fully financed through Q1 2024 with a liquidity buffer of $4.9 billion. It’s worth noting that Lucid recently opened a studio in Oslo. This is the company’s fourth retail space in Europe. Geographical expansion is likely to boost the order backlog. Lucid has also commenced construction of its first overseas factory in Saudi Arabia.</p><h2>Canopy Growth Corporation (CGC)</h2><p><img src=\"https://static.tigerbbs.com/1c59d8767a03d03dcde9f38b0d1405a8\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: T. Schneider / Shutterstock</p><p><b>Canopy Growth</b> (NASDAQ:<b><u>CGC</u></b>) stock has been in a sustained downtrend, with federal-level legalization of cannabis being delayed. However, there are several positive catalysts from a business perspective. CGC stock is, therefore, among the top short-squeeze stocks to consider at current levels of $2.</p><p>Another important point is that Canopy closed Q4 2022 with cash and equivalents of $789 million. In a cannabis legalization scenario, the company has ample financial flexibility for aggressive organic and inorganic growth.</p><p>Canopy Growth is also likely to have lower EBITDA level losses in 2023. The company plans $140 to $160 million in cost reduction for the year. The focus is also on making the Canadian business profitable. As the EBITDA margin improves on a relative basis, CGC stock is likely to trend higher.</p><p>Another reason to be bullish for the long term is diversified product offerings. The company’s medicinal cannabis revenue growth is likely to sustain. In the coming years, Europe is likely to be a big market for medicinal cannabis products.</p><h2>Blink Charging (BLNK)</h2><p><img src=\"https://static.tigerbbs.com/c03daf89f4968f9ca14bd3baaef84274\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: David Tonelson/Shutterstock.com</p><p><b>Blink Charging</b> (NASDAQ:<b><u>BLNK</u></b>) stock is another name that has plunged in the last 12 months. The short interest in the stock remains above 20%. I would bet on a sharp rally for BLNK stock from oversold levels.</p><p>For 2022, Blink Charging reported 192% year-on-year revenue growth to $61.1 million. For the current year, the company is targeting revenue of $105 million (mid-range) with a gross profit margin of 30%.</p><p>Last year, the company saw witnessed a widening of EBITDA losses. However, as services revenue (recurring) increases, the company is positioned to deliver a higher EBITDA margin. Operating leverage will also drive better margins.</p><p>It’s worth noting that Blink Charging has boosted its presence across 25 countries. With a big addressable market in the U.S. and Europe, the company’s robust growth will likely sustain.</p><p>Overall, Blink Charging faces intense competition. However, the industry remains under-penetrated. There is ample headroom for growth, and the stock seems undervalued.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Buy for a Massive Short-Squeeze Rally</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Buy for a Massive Short-Squeeze Rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 19:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/03/lcid-cgc-blnk-3-stocks-to-buy-for-a-massive-short-squeeze-rally/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These are the short-squeeze stocks to buy for 100% returns potential at the blink of an eye.Lucid Group (LCID): Healthy production guidance for 2023 and fully financed through Q1 2024.Canopy Growth ...</p>\n\n<a href=\"https://investorplace.com/2023/03/lcid-cgc-blnk-3-stocks-to-buy-for-a-massive-short-squeeze-rally/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","BK4585":"ETF&股票定投概念","SQQQ":"纳指三倍做空ETF","BK4555":"新能源车","BK4007":"制药","BK4557":"大麻股","BK4577":"网络游戏","GME":"游戏驿站","BK4542":"充电桩","BK4588":"碎股","LCID":"Lucid Group Inc","BK4076":"电脑与电子产品零售","BK4551":"寇图资本持仓","QID":"纳指两倍做空ETF","BK4547":"WSB热门概念","BK4096":"电气部件与设备","BK4099":"汽车制造商","TQQQ":"纳指三倍做多ETF","CGC":"Canopy Growth Corporation","QLD":"纳指两倍做多ETF","QQQ":"纳指100ETF","PSQ":"纳指反向ETF","BLNK":"Blink Charging"},"source_url":"https://investorplace.com/2023/03/lcid-cgc-blnk-3-stocks-to-buy-for-a-massive-short-squeeze-rally/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319895697","content_text":"These are the short-squeeze stocks to buy for 100% returns potential at the blink of an eye.Lucid Group (LCID): Healthy production guidance for 2023 and fully financed through Q1 2024.Canopy Growth Corporation (CGC): Strong cash buffer for organic and acquisition driven growth.Blink Charging (BLNK): Robust revenue growth to sustain in an underpenetrated EV charging infrastructure market.Source: g0d4ather / Shutterstock.comShort-squeeze stocks produced great results in the last bull market. Investors targeted penny or meme stocks with a high short interest in big buying. An initial rally translated into short covering, which accelerated the upside. I am sure investors remember the unbelievable rally in GameStop (NYSE:GME).This trading strategy is purely speculative stocks that made sense when the financial system had ample liquidity. The same trading strategy makes sense in non-speculative stocks today, with investors being increasingly selective amidst tight monetary policies.I would target stocks with decent business fundamentals and high short interest as a percent of free float. One or two pieces of good news can send these stocks skyrocketing. I would bet on 100% returns on these short-squeeze stocks in the next 6 to 12 months.Let’s discuss why these short-squeeze stocks are worth considering at current levels.TickerCompanyPriceLCIDLucid Group$7.57CGCCanopy Growth Corporation$2.08BLNKBlink Charging$7.82Lucid Group (LCID)Source: Tada Images / ShutterstockLucid Group (NASDAQ:LCID) stock has disappointed investors with a correction of 65% in the last 12 months. With a short interest that’s at 20% of the free float, LCID stock seems poised for a short-squeeze rally. As a matter of fact, LCID stock has rallied by 27% for year-to-date 2023.For 2022, Lucid reported production of 3,493 vehicles. For the current year, production is expected in the range of 10,000 to 14,000 vehicles. Revenue growth will likely accelerate significantly with an order backlog of 28,000 vehicles.Lucid is also fully financed through Q1 2024 with a liquidity buffer of $4.9 billion. It’s worth noting that Lucid recently opened a studio in Oslo. This is the company’s fourth retail space in Europe. Geographical expansion is likely to boost the order backlog. Lucid has also commenced construction of its first overseas factory in Saudi Arabia.Canopy Growth Corporation (CGC)Source: T. Schneider / ShutterstockCanopy Growth (NASDAQ:CGC) stock has been in a sustained downtrend, with federal-level legalization of cannabis being delayed. However, there are several positive catalysts from a business perspective. CGC stock is, therefore, among the top short-squeeze stocks to consider at current levels of $2.Another important point is that Canopy closed Q4 2022 with cash and equivalents of $789 million. In a cannabis legalization scenario, the company has ample financial flexibility for aggressive organic and inorganic growth.Canopy Growth is also likely to have lower EBITDA level losses in 2023. The company plans $140 to $160 million in cost reduction for the year. The focus is also on making the Canadian business profitable. As the EBITDA margin improves on a relative basis, CGC stock is likely to trend higher.Another reason to be bullish for the long term is diversified product offerings. The company’s medicinal cannabis revenue growth is likely to sustain. In the coming years, Europe is likely to be a big market for medicinal cannabis products.Blink Charging (BLNK)Source: David Tonelson/Shutterstock.comBlink Charging (NASDAQ:BLNK) stock is another name that has plunged in the last 12 months. The short interest in the stock remains above 20%. I would bet on a sharp rally for BLNK stock from oversold levels.For 2022, Blink Charging reported 192% year-on-year revenue growth to $61.1 million. For the current year, the company is targeting revenue of $105 million (mid-range) with a gross profit margin of 30%.Last year, the company saw witnessed a widening of EBITDA losses. However, as services revenue (recurring) increases, the company is positioned to deliver a higher EBITDA margin. Operating leverage will also drive better margins.It’s worth noting that Blink Charging has boosted its presence across 25 countries. With a big addressable market in the U.S. and Europe, the company’s robust growth will likely sustain.Overall, Blink Charging faces intense competition. However, the industry remains under-penetrated. There is ample headroom for growth, and the stock seems undervalued.","news_type":1},"isVote":1,"tweetType":1,"viewCount":355,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949750219,"gmtCreate":1678920353832,"gmtModify":1678920357614,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949750219","repostId":"1123603567","repostType":4,"repost":{"id":"1123603567","pubTimestamp":1678891090,"share":"https://www.laohu8.com/m/news/1123603567?lang=&edition=full","pubTime":"2023-03-15 22:38","market":"us","language":"en","title":"72 Hours in Washington: How the Frenzied SVB Rescue Took Shape","url":"https://stock-news.laohu8.com/highlight/detail?id=1123603567","media":"Bloomberg","summary":"Haunted by the fallout from the 2008 financial crisis, President Biden told aides that no taxpayer m","content":"<html><head></head><body><p></p><p>Haunted by the fallout from the 2008 financial crisis, President Biden told aides that no taxpayer money should be used.</p><p><img src=\"https://static.tigerbbs.com/62b0106b55e7e70bbac5760b5f522f56\" tg-width=\"800\" tg-height=\"545\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>It was approaching midnight in Washington and 9 p.m. in Santa Clara, California. The news was bad—and getting worse. Everyone from President Joe Biden on down was getting acrash courseonSilicon Valley Bank, the once-obscure tech lender that has now cast abig shadow over the financial markets.</p><p>At the White House and the US Department of the Treasury next door, bleary-eyed officials were racing to prevent the trouble at SVB from exploding into a full-blown banking crisis. A block west at the Federal Deposit Insurance Corp., regulators were arguing about what to do. Over at the Gridiron Club dinner, Washington’s annual see-and-be-seen white-tie journalism roast, a marquee guest, Federal Reserve Chair Jerome Powell, was conspicuously absent.</p><p>That Saturday, March 11, the fate of techdom’s preeminent bank—and with it, some feared, the future of the global economy—was being gamed out in Washington. Over the next 24 hours, almost everyone in the financial industry would be on tenterhooks as federal officials raced to complete a rescue before Asian markets opened Sunday night.</p><p>Almost a week later, the implications of the SVB fiasco, thesecond-biggest bank failure in US history, are still coming into focus. Questions keep piling up. How could SVB, a favorite of venture capitalists and unicorn startups, succumb to arun in the smartphone age? Why hadn’t banking regulators seen this coming?</p><p>Federal authorities want answers, too. The Department of Justice and the Securities and Exchange Commission haveopened investigationsinto the collapse. One potential focus:sales of SVB stockin the weeks before the failure by Greg Becker, chief executive officer of the bank’s parent company. Biden, meanwhile, has pledged a push totighten banking rules, which the Fed is already considering doing for midsize institutions like SVB.</p><p>This much is sure: All these years later, Washington is still haunted by the Wall Street fiascoes that triggered the Great Recession. The colossal bank bailouts of that era saved the economy, but they also rankled ordinary Americans, gave birth to the Tea Party movement on the right and Occupy Wall Street on the left, and transformed US politics. Backlash to the bailouts died down, but the resentment never really went away. It may have ultimately helped Donald Trump win the White House in 2016, some political scientists havesaid.</p><p>Which is probably why President Biden has been reluctant to even say the word “bailout.” He vowed on March 13 that “no losses will be borne by the taxpayers.” For the time being, Biden is right. This doesn’t look like aLehman momentthat could upend the whole economy. But it<i>does</i>look likea Bear Stearns one—a smaller debacle pointing to more pain to come, in this case, because of the sharp rise in interest rates that triggered SVB’s problems and are still roiling the financial system.</p><p>Federal authorities have taken the extraordinary step ofguaranteeing all deposits at SVBand opening a broaderemergency lending program. By midweek, the fix was holding. If it doesn’t, the next move might have to be a suspension of the$250,000 limit on federal deposit insurance.</p><p>Policymakers, venture capitalists, banking executives and tech entrepreneurs are all struggling to figure out the next steps. SVB’s failure has changed the conversation about banking and the regulators who oversee it. Suddenly, everyone is thinking about other risks that might be lurking. On March 14,Moody’s Investors Service cut its outlook for the entire US banking system, to negative from stable, citing the run on deposits at SVB. Two other lenders have gone bust, too: crypto playersSilvergate Capital Corp.andSignature Bank.</p><p>The death spiral at SVB began with credit ratings. In early March, Moody’s informed the bank it was considering a multilevel downgrade that would have pushed it to the brink of junk-bond status. In response, Goldman Sachs Group Inc., hired by SVB to help it raise fresh capital, jumped into action. It offloaded a chunk of SVB’s investment portfolio at a $1.8 billion loss. On Wednesday, March 8, Goldman pitched a plan to investors to help plug that hole, and then some, by raising $2.25 billion in capital fromGeneral Atlanticand other investors. Itdidn’t work.</p><p>“The Catch-22 of the situation is that, by announcing the need to raise capital, they in essence accelerated customer concern, resulting in the liquidity stress that ultimately caused their collapse,” says Olivier Sarkozy, managing partner atFurther Global, a private equity firm. “It would have been far better to announce the $2.25 billion they were seeking had been secured.”</p><p>In the bankers’ view, they were racing the clock to defuse the Moody’s threat. That didn’t leave them enough time to canvass the market, line up the funding and present a neatly put-together deal. Then CEO Becker held what turned out to be a disastrous call with VCs and limited partners. “Stay calm,” he said. It was too late. Bankers tapping away at their phones watched, aghast, as social media lit up with reports of a viral bank run.</p><p>By 3 p.m. the next day, Thursday, March 9, the news out of Santa Clarahad reached the White House. Such high-profile venture firms asUnion Square Venturesand thePeter Thiel-backedFounders Fundhad already been encouraging the companies they invested in to yank their deposits, almost all of which were uninsured because they exceeded the $250,000 limit on federal guarantees. Founders Fund haddrained its own accountsfrom the bank by midday.</p><p>The message was echoed by other VC titans.Bookface, an internal social network for founders of companies backed by the startup acceleratorY Combinator, was abuzz, as was a messenger threadof more than 1,000 founders fromAndreessen Horowitz, with many encouraging each other to pull cash from the bank. By day’s end, depositors had tried to withdraw $42 billion.</p><p>Silicon Valley bigs—many with a libertarian, get-government-off-our-backs bent—quickly looked to Washington. They implored the administration to step in and rescue depositors, or risk having banks topple like dominoes. On Friday morning, March 10, the new White House Chief of Staff Jeff Zients and Lael Brainard, the former Fed vice chair who’djust becomedirector of Biden’s National Economic Council, went to the Oval Office to brief the president. They told him there was potential for the bank to be shut down—as it was later that day, even before the close of financial markets—and that there was a possibility of contagion, according to a source familiar with the discussion.</p><p>From dawn to midnight the following day, Zients, Brainard and other aides working in the White House’s West Wing developed a set of options. By Saturday afternoon, it was clear that regulators would probably need to take action to prevent contagion. When Treasury Secretary Janet Yellen and top aides briefed Biden on the options, he was adamant: The federal government stood ready to protect depositors, small businesses and employees. Executives and investors could take their lumps. He didn’t want taxpayers to be on the hook, and any deal had to include firing management.</p><p>In the Bay Area, Iba Masood was struggling to make sense of it all. Masood, the co-founder and CEO of a tech startup calledTara.AI, had raised $14 million from investors. And she’d parked every penny of the company’s money at SVB. Masood began firing off emails and texts—hundreds and hundreds of them, until her carpal tunnel flared up. Tara.AI, she told her investors, was facing a perilous squeeze. She hopped in her C300 Mercedes-Benz and raced through a driving rainstorm to a Bank of America branch. Drenched, she hastily opened a corporate account. She felt good, she said, confident. She’d wake up the next morning and have the money in the new account.</p><p>But there was no next morning for SVB. It was too late. The money was frozen.</p><p>Trae Stephens, a partner at Founders Fund, said the firm had had a long, fruitful relationship with SVB. But that long, fruitful relationship wasn’t going to help Thiel’s firm honor its fiduciary duty to look out for its backers and limited partners. And it wasn’t going to help all those startups make payroll.</p><p>“The most inconvenient thing about the situation last week was actually the name of the bank. It got instantly politicized,” Stephens said in aMarch 14 interview on Bloomberg Television. To him, the idea that Washington had somehow bailed out rich VCs and techies is hogwash. “The government did what it needed to protect and shore up these smaller regional banks, to ensure there weren’t any further runs. It seems like they acted quickly—and did the right thing.”</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>72 Hours in Washington: How the Frenzied SVB Rescue Took Shape</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\">\n72 Hours in Washington: How the Frenzied SVB Rescue Took Shape\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 22:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-15/svb-bailout-shaped-by-biden-administration-over-72-hours?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Haunted by the fallout from the 2008 financial crisis, President Biden told aides that no taxpayer money should be used.It was approaching midnight in Washington and 9 p.m. in Santa Clara, California....</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-15/svb-bailout-shaped-by-biden-administration-over-72-hours?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WAL":"阿莱恩斯西部银行","SBNY":"签字银行","PACW":"西太平洋合众银行"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-15/svb-bailout-shaped-by-biden-administration-over-72-hours?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123603567","content_text":"Haunted by the fallout from the 2008 financial crisis, President Biden told aides that no taxpayer money should be used.It was approaching midnight in Washington and 9 p.m. in Santa Clara, California. The news was bad—and getting worse. Everyone from President Joe Biden on down was getting acrash courseonSilicon Valley Bank, the once-obscure tech lender that has now cast abig shadow over the financial markets.At the White House and the US Department of the Treasury next door, bleary-eyed officials were racing to prevent the trouble at SVB from exploding into a full-blown banking crisis. A block west at the Federal Deposit Insurance Corp., regulators were arguing about what to do. Over at the Gridiron Club dinner, Washington’s annual see-and-be-seen white-tie journalism roast, a marquee guest, Federal Reserve Chair Jerome Powell, was conspicuously absent.That Saturday, March 11, the fate of techdom’s preeminent bank—and with it, some feared, the future of the global economy—was being gamed out in Washington. Over the next 24 hours, almost everyone in the financial industry would be on tenterhooks as federal officials raced to complete a rescue before Asian markets opened Sunday night.Almost a week later, the implications of the SVB fiasco, thesecond-biggest bank failure in US history, are still coming into focus. Questions keep piling up. How could SVB, a favorite of venture capitalists and unicorn startups, succumb to arun in the smartphone age? Why hadn’t banking regulators seen this coming?Federal authorities want answers, too. The Department of Justice and the Securities and Exchange Commission haveopened investigationsinto the collapse. One potential focus:sales of SVB stockin the weeks before the failure by Greg Becker, chief executive officer of the bank’s parent company. Biden, meanwhile, has pledged a push totighten banking rules, which the Fed is already considering doing for midsize institutions like SVB.This much is sure: All these years later, Washington is still haunted by the Wall Street fiascoes that triggered the Great Recession. The colossal bank bailouts of that era saved the economy, but they also rankled ordinary Americans, gave birth to the Tea Party movement on the right and Occupy Wall Street on the left, and transformed US politics. Backlash to the bailouts died down, but the resentment never really went away. It may have ultimately helped Donald Trump win the White House in 2016, some political scientists havesaid.Which is probably why President Biden has been reluctant to even say the word “bailout.” He vowed on March 13 that “no losses will be borne by the taxpayers.” For the time being, Biden is right. This doesn’t look like aLehman momentthat could upend the whole economy. But itdoeslook likea Bear Stearns one—a smaller debacle pointing to more pain to come, in this case, because of the sharp rise in interest rates that triggered SVB’s problems and are still roiling the financial system.Federal authorities have taken the extraordinary step ofguaranteeing all deposits at SVBand opening a broaderemergency lending program. By midweek, the fix was holding. If it doesn’t, the next move might have to be a suspension of the$250,000 limit on federal deposit insurance.Policymakers, venture capitalists, banking executives and tech entrepreneurs are all struggling to figure out the next steps. SVB’s failure has changed the conversation about banking and the regulators who oversee it. Suddenly, everyone is thinking about other risks that might be lurking. On March 14,Moody’s Investors Service cut its outlook for the entire US banking system, to negative from stable, citing the run on deposits at SVB. Two other lenders have gone bust, too: crypto playersSilvergate Capital Corp.andSignature Bank.The death spiral at SVB began with credit ratings. In early March, Moody’s informed the bank it was considering a multilevel downgrade that would have pushed it to the brink of junk-bond status. In response, Goldman Sachs Group Inc., hired by SVB to help it raise fresh capital, jumped into action. It offloaded a chunk of SVB’s investment portfolio at a $1.8 billion loss. On Wednesday, March 8, Goldman pitched a plan to investors to help plug that hole, and then some, by raising $2.25 billion in capital fromGeneral Atlanticand other investors. Itdidn’t work.“The Catch-22 of the situation is that, by announcing the need to raise capital, they in essence accelerated customer concern, resulting in the liquidity stress that ultimately caused their collapse,” says Olivier Sarkozy, managing partner atFurther Global, a private equity firm. “It would have been far better to announce the $2.25 billion they were seeking had been secured.”In the bankers’ view, they were racing the clock to defuse the Moody’s threat. That didn’t leave them enough time to canvass the market, line up the funding and present a neatly put-together deal. Then CEO Becker held what turned out to be a disastrous call with VCs and limited partners. “Stay calm,” he said. It was too late. Bankers tapping away at their phones watched, aghast, as social media lit up with reports of a viral bank run.By 3 p.m. the next day, Thursday, March 9, the news out of Santa Clarahad reached the White House. Such high-profile venture firms asUnion Square Venturesand thePeter Thiel-backedFounders Fundhad already been encouraging the companies they invested in to yank their deposits, almost all of which were uninsured because they exceeded the $250,000 limit on federal guarantees. Founders Fund haddrained its own accountsfrom the bank by midday.The message was echoed by other VC titans.Bookface, an internal social network for founders of companies backed by the startup acceleratorY Combinator, was abuzz, as was a messenger threadof more than 1,000 founders fromAndreessen Horowitz, with many encouraging each other to pull cash from the bank. By day’s end, depositors had tried to withdraw $42 billion.Silicon Valley bigs—many with a libertarian, get-government-off-our-backs bent—quickly looked to Washington. They implored the administration to step in and rescue depositors, or risk having banks topple like dominoes. On Friday morning, March 10, the new White House Chief of Staff Jeff Zients and Lael Brainard, the former Fed vice chair who’djust becomedirector of Biden’s National Economic Council, went to the Oval Office to brief the president. They told him there was potential for the bank to be shut down—as it was later that day, even before the close of financial markets—and that there was a possibility of contagion, according to a source familiar with the discussion.From dawn to midnight the following day, Zients, Brainard and other aides working in the White House’s West Wing developed a set of options. By Saturday afternoon, it was clear that regulators would probably need to take action to prevent contagion. When Treasury Secretary Janet Yellen and top aides briefed Biden on the options, he was adamant: The federal government stood ready to protect depositors, small businesses and employees. Executives and investors could take their lumps. He didn’t want taxpayers to be on the hook, and any deal had to include firing management.In the Bay Area, Iba Masood was struggling to make sense of it all. Masood, the co-founder and CEO of a tech startup calledTara.AI, had raised $14 million from investors. And she’d parked every penny of the company’s money at SVB. Masood began firing off emails and texts—hundreds and hundreds of them, until her carpal tunnel flared up. Tara.AI, she told her investors, was facing a perilous squeeze. She hopped in her C300 Mercedes-Benz and raced through a driving rainstorm to a Bank of America branch. Drenched, she hastily opened a corporate account. She felt good, she said, confident. She’d wake up the next morning and have the money in the new account.But there was no next morning for SVB. It was too late. The money was frozen.Trae Stephens, a partner at Founders Fund, said the firm had had a long, fruitful relationship with SVB. But that long, fruitful relationship wasn’t going to help Thiel’s firm honor its fiduciary duty to look out for its backers and limited partners. And it wasn’t going to help all those startups make payroll.“The most inconvenient thing about the situation last week was actually the name of the bank. It got instantly politicized,” Stephens said in aMarch 14 interview on Bloomberg Television. To him, the idea that Washington had somehow bailed out rich VCs and techies is hogwash. “The government did what it needed to protect and shore up these smaller regional banks, to ensure there weren’t any further runs. It seems like they acted quickly—and did the right thing.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949460309,"gmtCreate":1678834698502,"gmtModify":1678860840717,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949460309","repostId":"2319074636","repostType":4,"repost":{"id":"2319074636","pubTimestamp":1678786627,"share":"https://www.laohu8.com/m/news/2319074636?lang=&edition=full","pubTime":"2023-03-14 17:37","market":"us","language":"en","title":"A Bull Market Is Coming: 5 Top Stocks to Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2319074636","media":"Motley Fool","summary":"These companies all have solid long-term prospects.","content":"<html><head></head><body><p>With stock indexes still in the doldrums, you may not be thinking about the next bull market right now. But today actually is a great time to focus on the better days ahead -- whether they are right around the corner or farther down the road -- so that you can prepare your portfolio and enter that bull market in a position of strength.</p><p>Today, many top stocks with amazing growth prospects are cheap, beaten down by today&#39;s tough market. And that equals opportunity for you to snap up potential long-term winners for a bargain. You&#39;ll find these players across industries.</p><p>Let&#39;s check out five top stocks to buy now -- and benefit from later.</p><h2>1. Moderna</h2><p>When you think of<b> Moderna</b> (MRNA 6.95%), you probably think of the coronavirus vaccine. The vaccine has generated billions of dollars in earnings over the past two years. That&#39;s the company&#39;s only product right now -- and it helped Moderna&#39;s stock soar earlier in the pandemic.</p><p>These days, Moderna&#39;s dependence on the vaccine for revenue has done just the opposite: It&#39;s weighed on stock performance. That&#39;s as investors worry about future growth.</p><p>But these concerns look overdone. Moderna has 48 programs in development -- and even some opportunities for blockbuster revenue over the next few years. The company has three potential blockbusters other than the coronavirus program in phase 3 trials right now.</p><p>These are vaccine candidates for respiratory syncytial virus (RSV), flu, and cytomegalovirus (CMV). Moderna aims to file for regulatory approval of the RSV candidate in the first half of this year.</p><p>All of this means Moderna may be poised for a new phase of growth. And a bull market could be the perfect occasion for this growth stock to soar.</p><h2>2. Teladoc Health</h2><p><b>Teladoc Health</b> (TDOC 3.02%) disappointed investors last year after reporting billion-dollar noncash goodwill impairment charges linked to an acquisition. Investors had already been worried about Teladoc&#39;s lack of profitability, and these charges deepened their concerns.</p><p>Still, it&#39;s important to look at the whole picture. Yes, it seems Teladoc overpaid for its purchase of chronic care specialist Livongo in 2020, resulting in the impairment charges. But over time, chronic care is a key growth element for Teladoc. So the investment could pay off in the long run.</p><p>Also, the company has made progress in areas that should help it on the path to profitability. Teladoc has increased members, revenue, and visits. The company also has made significant gains thanks to its mental health business, BetterHelp. That business&#39; revenue climbed 29% in the fourth quarter of last year and served more than 1 million people during the year.</p><p>Teladoc also has shifted its strategy to favor increasing margins and reaching profitability. Earlier in the year, this began by cutting some jobs and office space. Today, Teladoc is trading at its lowest ever in relation to sales. And this looks like a steal considering the company&#39;s potential in this high-growth market.</p><p><img src=\"https://static.tigerbbs.com/3bc205b8e6379bf5f647ee48f1ee21a1\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/></p><p>TDOC PS Ratio data by YCharts</p><h2>3. Target</h2><p>Last year wasn&#39;t easy for <b>Target</b> (TGT -0.16%). The retailer faced higher inflation, which weighed on its costs and on shoppers&#39; wallets. In spite of the difficult environment, Target still managed to increase revenue -- and offer us clues that its growth story is far from over.</p><p>The fourth quarter represented Target&#39;s 23rd straight quarter of comparable sales growth. And the company made market share gains across all five of its product categories last year.</p><p>Moving forward, Target is investing in areas that should support long-term growth. The company opened six new sortation centers in 2022. These centers speed up order delivery and lower Target&#39;s costs.</p><p>Target also has revamped stores to better serve customers and partnered with companies like <b>Ulta Beauty</b> and <b>Disney</b> to drive traffic. Target says Ulta sales at Target quadrupled from 2021 to 2022.</p><p>Today, Target shares are trading for less than 20 times forward earnings estimates. That&#39;s down from more than 40 a year ago -- a steal considering Target&#39;s strength through tough times -- and potential growth ahead.</p><h2>4. Home Depot</h2><p>As people spent more time at home over the past few years, they increasingly focused on home improvement. And <b>Home Depot</b> (HD 0.07%), the world&#39;s biggest home improvement retailer, benefited. The company increased sales by $47.2 billion from 2019 through 2022. That represents a compound annual growth rate of more than 12%.</p><p>The company has noted a softening in demand in recent times. And this year probably won&#39;t be a huge year of growth. A slowdown in consumer spending may weigh on sales.</p><p>But this is a temporary situation -- and allows us the opportunity to pick up a strong long-term winner for a good price. Home Depot shares are trading for 18 times forward earnings estimates right now.</p><p>Meanwhile, Home Depot has invested in recent years in areas that should boost growth down the road, such as improving its digital platform. Home Depot also has focused on making the entire shopping experience easier for its professional customers. This is key because these customers represent a $450 billion market. So, potential market share gains here for Home Depot should translate into growth.</p><h2>5. Etsy</h2><p>Like other e-commerce companies and retailers, <b>Etsy </b>(ETSY -2.14%) is facing today&#39;s headwinds of higher inflation. But as I mentioned, today&#39;s economic woes won&#39;t last forever, so it&#39;s important to take a long-term view. And from this angle, there&#39;s reason to be optimistic about Etsy.</p><p>The e-commerce company was already growing prior to the pandemic. Shoppers liked going to Etsy for handmade goods -- and sellers were happy to set up shop on this platform.</p><p>But lockdowns earlier in the crisis gave people a fresh opportunity to discover this dynamic player. And Etsy&#39;s earnings soared. Importantly, Etsy&#39;s kept a lot of those gains.</p><p>The company, from a revenue perspective, is almost three times bigger than it was back in 2019. Etsy also has about twice as many active buyers as it did back then. And Etsy has broadened its reach. For example, customers who identify as men have soared 124% since 2019 to a record high.</p><p>And, in spite of today&#39;s difficult environment, Etsy&#39;s consolidated gross merchandise sales only fell 0.7% on a currency-neutral basis in the most recent quarter.</p><p>Etsy trades at 25 times forward earnings estimates, down from 40 a year ago. When the general market takes off, Etsy has what it takes to follow. And that means the valuation we&#39;re seeing today represents a great buying opportunity.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Bull Market Is Coming: 5 Top Stocks to Buy Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Bull Market Is Coming: 5 Top Stocks to Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-14 17:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/14/a-bull-market-is-coming-5-top-stocks-to-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With stock indexes still in the doldrums, you may not be thinking about the next bull market right now. But today actually is a great time to focus on the better days ahead -- whether they are right ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/14/a-bull-market-is-coming-5-top-stocks-to-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0079474960.USD":"联博美国增长基金A","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","BK4532":"文艺复兴科技持仓","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","MRNA":"Moderna, Inc.","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","ETSY":"Etsy, Inc.","BK4566":"资本集团","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4167":"医疗保健技术","TDOC":"Teladoc Health Inc.","TGT":"塔吉特","BK4588":"碎股","BK4550":"红杉资本持仓","BK4122":"互联网与直销零售","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4083":"家庭装潢零售","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","BK4581":"高盛持仓","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","HD":"家得宝","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0823411888.USD":"法巴消费创新基金 Cap"},"source_url":"https://www.fool.com/investing/2023/03/14/a-bull-market-is-coming-5-top-stocks-to-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319074636","content_text":"With stock indexes still in the doldrums, you may not be thinking about the next bull market right now. But today actually is a great time to focus on the better days ahead -- whether they are right around the corner or farther down the road -- so that you can prepare your portfolio and enter that bull market in a position of strength.Today, many top stocks with amazing growth prospects are cheap, beaten down by today's tough market. And that equals opportunity for you to snap up potential long-term winners for a bargain. You'll find these players across industries.Let's check out five top stocks to buy now -- and benefit from later.1. ModernaWhen you think of Moderna (MRNA 6.95%), you probably think of the coronavirus vaccine. The vaccine has generated billions of dollars in earnings over the past two years. That's the company's only product right now -- and it helped Moderna's stock soar earlier in the pandemic.These days, Moderna's dependence on the vaccine for revenue has done just the opposite: It's weighed on stock performance. That's as investors worry about future growth.But these concerns look overdone. Moderna has 48 programs in development -- and even some opportunities for blockbuster revenue over the next few years. The company has three potential blockbusters other than the coronavirus program in phase 3 trials right now.These are vaccine candidates for respiratory syncytial virus (RSV), flu, and cytomegalovirus (CMV). Moderna aims to file for regulatory approval of the RSV candidate in the first half of this year.All of this means Moderna may be poised for a new phase of growth. And a bull market could be the perfect occasion for this growth stock to soar.2. Teladoc HealthTeladoc Health (TDOC 3.02%) disappointed investors last year after reporting billion-dollar noncash goodwill impairment charges linked to an acquisition. Investors had already been worried about Teladoc's lack of profitability, and these charges deepened their concerns.Still, it's important to look at the whole picture. Yes, it seems Teladoc overpaid for its purchase of chronic care specialist Livongo in 2020, resulting in the impairment charges. But over time, chronic care is a key growth element for Teladoc. So the investment could pay off in the long run.Also, the company has made progress in areas that should help it on the path to profitability. Teladoc has increased members, revenue, and visits. The company also has made significant gains thanks to its mental health business, BetterHelp. That business' revenue climbed 29% in the fourth quarter of last year and served more than 1 million people during the year.Teladoc also has shifted its strategy to favor increasing margins and reaching profitability. Earlier in the year, this began by cutting some jobs and office space. Today, Teladoc is trading at its lowest ever in relation to sales. And this looks like a steal considering the company's potential in this high-growth market.TDOC PS Ratio data by YCharts3. TargetLast year wasn't easy for Target (TGT -0.16%). The retailer faced higher inflation, which weighed on its costs and on shoppers' wallets. In spite of the difficult environment, Target still managed to increase revenue -- and offer us clues that its growth story is far from over.The fourth quarter represented Target's 23rd straight quarter of comparable sales growth. And the company made market share gains across all five of its product categories last year.Moving forward, Target is investing in areas that should support long-term growth. The company opened six new sortation centers in 2022. These centers speed up order delivery and lower Target's costs.Target also has revamped stores to better serve customers and partnered with companies like Ulta Beauty and Disney to drive traffic. Target says Ulta sales at Target quadrupled from 2021 to 2022.Today, Target shares are trading for less than 20 times forward earnings estimates. That's down from more than 40 a year ago -- a steal considering Target's strength through tough times -- and potential growth ahead.4. Home DepotAs people spent more time at home over the past few years, they increasingly focused on home improvement. And Home Depot (HD 0.07%), the world's biggest home improvement retailer, benefited. The company increased sales by $47.2 billion from 2019 through 2022. That represents a compound annual growth rate of more than 12%.The company has noted a softening in demand in recent times. And this year probably won't be a huge year of growth. A slowdown in consumer spending may weigh on sales.But this is a temporary situation -- and allows us the opportunity to pick up a strong long-term winner for a good price. Home Depot shares are trading for 18 times forward earnings estimates right now.Meanwhile, Home Depot has invested in recent years in areas that should boost growth down the road, such as improving its digital platform. Home Depot also has focused on making the entire shopping experience easier for its professional customers. This is key because these customers represent a $450 billion market. So, potential market share gains here for Home Depot should translate into growth.5. EtsyLike other e-commerce companies and retailers, Etsy (ETSY -2.14%) is facing today's headwinds of higher inflation. But as I mentioned, today's economic woes won't last forever, so it's important to take a long-term view. And from this angle, there's reason to be optimistic about Etsy.The e-commerce company was already growing prior to the pandemic. Shoppers liked going to Etsy for handmade goods -- and sellers were happy to set up shop on this platform.But lockdowns earlier in the crisis gave people a fresh opportunity to discover this dynamic player. And Etsy's earnings soared. Importantly, Etsy's kept a lot of those gains.The company, from a revenue perspective, is almost three times bigger than it was back in 2019. Etsy also has about twice as many active buyers as it did back then. And Etsy has broadened its reach. For example, customers who identify as men have soared 124% since 2019 to a record high.And, in spite of today's difficult environment, Etsy's consolidated gross merchandise sales only fell 0.7% on a currency-neutral basis in the most recent quarter.Etsy trades at 25 times forward earnings estimates, down from 40 a year ago. When the general market takes off, Etsy has what it takes to follow. And that means the valuation we're seeing today represents a great buying opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949460098,"gmtCreate":1678834687915,"gmtModify":1678834691915,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949460098","repostId":"1104135804","repostType":4,"repost":{"id":"1104135804","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1678797046,"share":"https://www.laohu8.com/m/news/1104135804?lang=&edition=full","pubTime":"2023-03-14 20:30","market":"us","language":"en","title":"Inflation: Consumer Prices Rise 6% over Last Year in February, Slowest since Sept. 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1104135804","media":"Tiger Newspress","summary":"Inflation rose in February but was in line with expectations, providing a key input into whether the","content":"<html><head></head><body><p>Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates.</p><p>The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in line with Dow Jones estimates. The 6% jump in inflation marks the slowest annual increase in consumer prices since September 2021.</p><p>Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis. The monthly reading was slightly ahead of the 0.4% estimate, but the annual level was in line.</p><p><img src=\"https://static.tigerbbs.com/3364ebc77888be5903f76a25ec47c2e1\" tg-width=\"1172\" tg-height=\"264\" referrerpolicy=\"no-referrer\"/>CPI measures a broad basket of goods and services and is one of several key measures the Fed uses when formulating monetary policy. The report along with Wednesday’s producer price index will be the last inflation-related data points policymakers will see before they meet March 21-22.</p><p>Heading into the release, markets had widely expected the Fed to approve another 0.25 percentage point increase to its benchmark federal funds rate.</p><p>However, banking sector turmoil in recent days has kindled speculation that the central bank could signal that it soon will halt the rate hikes as officials observe the impact that a series of tightening measures have had over the past year.</p><p>Markets Tuesday morning were pricing a peak, or terminal, rate of about 4.92%, which would mean the upcoming increase would be the last. Futures pricing is volatile, though, and unexpectedly strong inflation reports this week likely would cause a repricing.</p><p>Either way, market sentiment has shifted dramatically.</p><p>Fed Chairman Jerome Powell last week told two congressional committees that the central bank is prepared to push rates higher than expected if inflation does not come down. That set off a wave of speculation that the Fed could be teeing up a 0.5 percentage point hike next week.</p><p>However, the collapse of Silicon Valley Bank and Signature Bank over the past several days paved the way for a more restrained view for monetary policy.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inflation: Consumer Prices Rise 6% over Last Year in February, Slowest since Sept. 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInflation: Consumer Prices Rise 6% over Last Year in February, Slowest since Sept. 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-14 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates.</p><p>The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in line with Dow Jones estimates. The 6% jump in inflation marks the slowest annual increase in consumer prices since September 2021.</p><p>Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis. The monthly reading was slightly ahead of the 0.4% estimate, but the annual level was in line.</p><p><img src=\"https://static.tigerbbs.com/3364ebc77888be5903f76a25ec47c2e1\" tg-width=\"1172\" tg-height=\"264\" referrerpolicy=\"no-referrer\"/>CPI measures a broad basket of goods and services and is one of several key measures the Fed uses when formulating monetary policy. The report along with Wednesday’s producer price index will be the last inflation-related data points policymakers will see before they meet March 21-22.</p><p>Heading into the release, markets had widely expected the Fed to approve another 0.25 percentage point increase to its benchmark federal funds rate.</p><p>However, banking sector turmoil in recent days has kindled speculation that the central bank could signal that it soon will halt the rate hikes as officials observe the impact that a series of tightening measures have had over the past year.</p><p>Markets Tuesday morning were pricing a peak, or terminal, rate of about 4.92%, which would mean the upcoming increase would be the last. Futures pricing is volatile, though, and unexpectedly strong inflation reports this week likely would cause a repricing.</p><p>Either way, market sentiment has shifted dramatically.</p><p>Fed Chairman Jerome Powell last week told two congressional committees that the central bank is prepared to push rates higher than expected if inflation does not come down. That set off a wave of speculation that the Fed could be teeing up a 0.5 percentage point hike next week.</p><p>However, the collapse of Silicon Valley Bank and Signature Bank over the past several days paved the way for a more restrained view for monetary policy.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104135804","content_text":"Inflation rose in February but was in line with expectations, providing a key input into whether the Federal Reserve continues to raise interest rates.The consumer price index increased 0.4% for the month, putting the annual inflation rate at 6%, the Labor Department reported Tuesday. Both readings were exactly in line with Dow Jones estimates. The 6% jump in inflation marks the slowest annual increase in consumer prices since September 2021.Excluding volatile food and energy prices, core CPI increased 0.5% in February and 5.5% on a 12-month basis. The monthly reading was slightly ahead of the 0.4% estimate, but the annual level was in line.CPI measures a broad basket of goods and services and is one of several key measures the Fed uses when formulating monetary policy. The report along with Wednesday’s producer price index will be the last inflation-related data points policymakers will see before they meet March 21-22.Heading into the release, markets had widely expected the Fed to approve another 0.25 percentage point increase to its benchmark federal funds rate.However, banking sector turmoil in recent days has kindled speculation that the central bank could signal that it soon will halt the rate hikes as officials observe the impact that a series of tightening measures have had over the past year.Markets Tuesday morning were pricing a peak, or terminal, rate of about 4.92%, which would mean the upcoming increase would be the last. Futures pricing is volatile, though, and unexpectedly strong inflation reports this week likely would cause a repricing.Either way, market sentiment has shifted dramatically.Fed Chairman Jerome Powell last week told two congressional committees that the central bank is prepared to push rates higher than expected if inflation does not come down. That set off a wave of speculation that the Fed could be teeing up a 0.5 percentage point hike next week.However, the collapse of Silicon Valley Bank and Signature Bank over the past several days paved the way for a more restrained view for monetary policy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":5,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949537494,"gmtCreate":1678747644718,"gmtModify":1678747648119,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949537494","repostId":"2319658067","repostType":4,"repost":{"id":"2319658067","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1678717020,"share":"https://www.laohu8.com/m/news/2319658067?lang=&edition=full","pubTime":"2023-03-13 22:17","market":"us","language":"en","title":"Why JPMorgan Is a Haven in the Banking Crisis Storm","url":"https://stock-news.laohu8.com/highlight/detail?id=2319658067","media":"Dow Jones","summary":"Banks are once again dominating the news as the sector continues to sell off in the wake of Silicon ","content":"<html><head></head><body><p>Banks are once again dominating the news as the sector continues to sell off in the wake of Silicon Valley Bank&#39;s demise. That includes the nation&#39;s largest bank, JPMorgan Chase, but at least one analyst believes that makes for a good buying opportunity.</p><p>It&#39;s an argument investors are likely to hear again -- with good reason.</p><p>Wells Fargo analyst Mike Mayo upgraded JPMorgan (ticker: JPM) to Overweight from Equal Weight on Monday, and raised his target for the stock price to $155 from $148. &#34;JPMorgan is battle-tested through downturns, aided by its &#39;fortress balance sheet,&#39;&#34; he said.</p><p>The 2008-2009 financial crisis ushered in a string of new requirements for the big banks in terms of their capital positions following government bailouts, in part to ensure that they wouldn&#39;t run into trouble in a future crunch. Some shareholders grumbled about the more stringent rules, particularly because they required banks to keep more cash on hand, rather than buying back stock or increasing their dividend payouts.</p><p>Yet the changes stemming from that regulatory overhaul do offer reassurance for investors in the big banks as a whole.</p><p>JPMorgan, however, has other advantages, Mayo wrote. &#34;JPMorgan has gained meaningful market share in each of its business lines...and has previously excelled in times like these when other financial firms have issues&#34; he continued. &#34;JPMorgan epitomizes our theme of &#39;Goliath is Winning&#39;...in these less certain times.&#34;</p><p>The theme of the biggest players in an industry consolidating their market share during a crisis is a scenario that has played out many times. Examples include gains by McDonald&#39;s <a href=\"https://laohu8.com/S/MCD\">$(MCD)$</a> during the 2008-2009 financial crisis, or the gains seen by big retailers like Target <a href=\"https://laohu8.com/S/TGT\">$(TGT)$</a> and Costco Wholesale <a href=\"https://laohu8.com/S/COST\">$(COST)$</a> during the height of the pandemic. In JPMorgan&#39;s case, gains made now would be a continuation of those made in recent years.</p><p>Moreover, as the nation&#39;s biggest bank, it&#39;s hard to imagine a scenario where JPMorgan runs into serious trouble without being bailed out. No bank more truly embodies the concept of being too big to fail. Little wonder then that nearly two-thirds of analysts rate the stock a Buy or the equivalent, with an average price target of $158.18, more than 18% above where the shares closed Friday.</p><p>It also goes without saying that JPMorgan, and most other banks, are more diversified than Silicon Valley Bank, owned by SVB Financial <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a>. While many of Silicon Valley Bank&#39;s deposits were held by start-ups in tech, most other lenders have a broader range of customers. They also have a greater breadth of income-generating assets, though all firms&#39; fixed-income portfolios will have taken some hit as rising interest rates hurt the value of bonds.</p><p>Of course, believing that JPMorgan can weather any financial storm is different than suggesting its stock is a buy now. Even assuming that the sector&#39;s current worries are ultimately calmed, banks, like many companies, tend to see their stocks waver in a downturn. If a recession arrives, as has long been expected, that could be another hurdle for the shares.</p><p>Nonetheless, for investors who want exposure to the banking sector, it&#39;s hard to think of a more secure option than JPMorgan, given its scale and strengths. The fact that David&#39;s victory over Goliath was a shock underscores the fact that the Goliaths usually win.</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>Why JPMorgan Is a Haven in the Banking Crisis Storm</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy JPMorgan Is a Haven in the Banking Crisis Storm\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-13 22:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Banks are once again dominating the news as the sector continues to sell off in the wake of Silicon Valley Bank&#39;s demise. That includes the nation&#39;s largest bank, JPMorgan Chase, but at least one analyst believes that makes for a good buying opportunity.</p><p>It&#39;s an argument investors are likely to hear again -- with good reason.</p><p>Wells Fargo analyst Mike Mayo upgraded JPMorgan (ticker: JPM) to Overweight from Equal Weight on Monday, and raised his target for the stock price to $155 from $148. &#34;JPMorgan is battle-tested through downturns, aided by its &#39;fortress balance sheet,&#39;&#34; he said.</p><p>The 2008-2009 financial crisis ushered in a string of new requirements for the big banks in terms of their capital positions following government bailouts, in part to ensure that they wouldn&#39;t run into trouble in a future crunch. Some shareholders grumbled about the more stringent rules, particularly because they required banks to keep more cash on hand, rather than buying back stock or increasing their dividend payouts.</p><p>Yet the changes stemming from that regulatory overhaul do offer reassurance for investors in the big banks as a whole.</p><p>JPMorgan, however, has other advantages, Mayo wrote. &#34;JPMorgan has gained meaningful market share in each of its business lines...and has previously excelled in times like these when other financial firms have issues&#34; he continued. &#34;JPMorgan epitomizes our theme of &#39;Goliath is Winning&#39;...in these less certain times.&#34;</p><p>The theme of the biggest players in an industry consolidating their market share during a crisis is a scenario that has played out many times. Examples include gains by McDonald&#39;s <a href=\"https://laohu8.com/S/MCD\">$(MCD)$</a> during the 2008-2009 financial crisis, or the gains seen by big retailers like Target <a href=\"https://laohu8.com/S/TGT\">$(TGT)$</a> and Costco Wholesale <a href=\"https://laohu8.com/S/COST\">$(COST)$</a> during the height of the pandemic. In JPMorgan&#39;s case, gains made now would be a continuation of those made in recent years.</p><p>Moreover, as the nation&#39;s biggest bank, it&#39;s hard to imagine a scenario where JPMorgan runs into serious trouble without being bailed out. No bank more truly embodies the concept of being too big to fail. Little wonder then that nearly two-thirds of analysts rate the stock a Buy or the equivalent, with an average price target of $158.18, more than 18% above where the shares closed Friday.</p><p>It also goes without saying that JPMorgan, and most other banks, are more diversified than Silicon Valley Bank, owned by SVB Financial <a href=\"https://laohu8.com/S/SIVB\">$(SIVB)$</a>. While many of Silicon Valley Bank&#39;s deposits were held by start-ups in tech, most other lenders have a broader range of customers. They also have a greater breadth of income-generating assets, though all firms&#39; fixed-income portfolios will have taken some hit as rising interest rates hurt the value of bonds.</p><p>Of course, believing that JPMorgan can weather any financial storm is different than suggesting its stock is a buy now. Even assuming that the sector&#39;s current worries are ultimately calmed, banks, like many companies, tend to see their stocks waver in a downturn. If a recession arrives, as has long been expected, that could be another hurdle for the shares.</p><p>Nonetheless, for investors who want exposure to the banking sector, it&#39;s hard to think of a more secure option than JPMorgan, given its scale and strengths. The fact that David&#39;s victory over Goliath was a shock underscores the fact that the Goliaths usually win.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行","LU1861217088.USD":"贝莱德金融科技A2","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","LU0320765489.SGD":"FTIF - Franklin Mutual US Value A Acc SGD","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0211326755.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) ACC","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","JPM":"摩根大通","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4559":"巴菲特持仓","LU0971096721.USD":"富达环球金融服务 A","BK4588":"碎股","LU0976567544.SGD":"FTIF - Templeton Global Income A Mdis SGD-H1","IE0034235188.USD":"PINEBRIDGE GLOBAL FOCUS EQUITY \"A\" (USD) ACC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) INC","LU1496350171.SGD":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","BK4207":"综合性银行","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4504":"桥水持仓","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4209":"餐馆","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU2125154778.USD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (USD) INC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319658067","content_text":"Banks are once again dominating the news as the sector continues to sell off in the wake of Silicon Valley Bank's demise. That includes the nation's largest bank, JPMorgan Chase, but at least one analyst believes that makes for a good buying opportunity.It's an argument investors are likely to hear again -- with good reason.Wells Fargo analyst Mike Mayo upgraded JPMorgan (ticker: JPM) to Overweight from Equal Weight on Monday, and raised his target for the stock price to $155 from $148. \"JPMorgan is battle-tested through downturns, aided by its 'fortress balance sheet,'\" he said.The 2008-2009 financial crisis ushered in a string of new requirements for the big banks in terms of their capital positions following government bailouts, in part to ensure that they wouldn't run into trouble in a future crunch. Some shareholders grumbled about the more stringent rules, particularly because they required banks to keep more cash on hand, rather than buying back stock or increasing their dividend payouts.Yet the changes stemming from that regulatory overhaul do offer reassurance for investors in the big banks as a whole.JPMorgan, however, has other advantages, Mayo wrote. \"JPMorgan has gained meaningful market share in each of its business lines...and has previously excelled in times like these when other financial firms have issues\" he continued. \"JPMorgan epitomizes our theme of 'Goliath is Winning'...in these less certain times.\"The theme of the biggest players in an industry consolidating their market share during a crisis is a scenario that has played out many times. Examples include gains by McDonald's $(MCD)$ during the 2008-2009 financial crisis, or the gains seen by big retailers like Target $(TGT)$ and Costco Wholesale $(COST)$ during the height of the pandemic. In JPMorgan's case, gains made now would be a continuation of those made in recent years.Moreover, as the nation's biggest bank, it's hard to imagine a scenario where JPMorgan runs into serious trouble without being bailed out. No bank more truly embodies the concept of being too big to fail. Little wonder then that nearly two-thirds of analysts rate the stock a Buy or the equivalent, with an average price target of $158.18, more than 18% above where the shares closed Friday.It also goes without saying that JPMorgan, and most other banks, are more diversified than Silicon Valley Bank, owned by SVB Financial $(SIVB)$. While many of Silicon Valley Bank's deposits were held by start-ups in tech, most other lenders have a broader range of customers. They also have a greater breadth of income-generating assets, though all firms' fixed-income portfolios will have taken some hit as rising interest rates hurt the value of bonds.Of course, believing that JPMorgan can weather any financial storm is different than suggesting its stock is a buy now. Even assuming that the sector's current worries are ultimately calmed, banks, like many companies, tend to see their stocks waver in a downturn. If a recession arrives, as has long been expected, that could be another hurdle for the shares.Nonetheless, for investors who want exposure to the banking sector, it's hard to think of a more secure option than JPMorgan, given its scale and strengths. The fact that David's victory over Goliath was a shock underscores the fact that the Goliaths usually win.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949537242,"gmtCreate":1678747634886,"gmtModify":1678747639011,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949537242","repostId":"1105902626","repostType":4,"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949695563,"gmtCreate":1678561703453,"gmtModify":1678561707220,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Notes","listText":"Notes","text":"Notes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949695563","repostId":"2318581167","repostType":4,"repost":{"id":"2318581167","pubTimestamp":1678516203,"share":"https://www.laohu8.com/m/news/2318581167?lang=&edition=full","pubTime":"2023-03-11 14:30","market":"us","language":"en","title":"Short Sellers Make $500 Million on SVB’s Demise. Collecting Won’t Be Easy","url":"https://stock-news.laohu8.com/highlight/detail?id=2318581167","media":"Bloomberg","summary":"One-day mark-to-market profit of $513 million on short betsStock remains halted after falling 63% in","content":"<html><head></head><body><ul><li>One-day mark-to-market profit of $513 million on short bets</li><li>Stock remains halted after falling 63% in premarket trading</li></ul><p>(Bloomberg) -- <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a>’s record plunge on Thursday minted short sellers roughly half a billion dollars in paper profits. But they now face a challenge: how to close their positions.</p><p>SVB shares plunged by 60% on Thursday as worries mounted over the bank’s operation, netting traders who bet against the stock a one-day mark-to-market profit of roughly $513 million. The stock fell another 63% in premarket trading Friday before being halted, with the Federal Deposit Insurance Corp. ultimately announcing that it had seized the bank.</p><p>“SIVB’s closure gives short sellers a windfall profit, but now they have to go through the sometimes-difficult process of liquidating their positions and realizing their mark-to-market profits,” said S3 Partners head of predictive analytics Ihor Dusaniwsky.</p><p>“With stock borrow financing costs accruing daily, even on weekends, even though trading is halted there is a continuous reduction of profits until short sellers close out their positions and return their borrowed shares.”</p><p>The SVB collapse comes just a day after crypto-friendly bank <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> Corp.’s announcement that it would liquidate and voluntarily wind down operations of its bank. That too minted bets against that heavily-shorted stock a sizeable windfall, although unlike SVB, its shares are still trading.</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>Short Sellers Make $500 Million on SVB’s Demise. Collecting Won’t Be Easy</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\">\nShort Sellers Make $500 Million on SVB’s Demise. Collecting Won’t Be Easy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-10/shorts-make-500-million-on-svb-demise-collecting-won-t-be-easy?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One-day mark-to-market profit of $513 million on short betsStock remains halted after falling 63% in premarket trading(Bloomberg) -- SVB Financial Group’s record plunge on Thursday minted short ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-10/shorts-make-500-million-on-svb-demise-collecting-won-t-be-easy?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2023-03-10/shorts-make-500-million-on-svb-demise-collecting-won-t-be-easy?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318581167","content_text":"One-day mark-to-market profit of $513 million on short betsStock remains halted after falling 63% in premarket trading(Bloomberg) -- SVB Financial Group’s record plunge on Thursday minted short sellers roughly half a billion dollars in paper profits. But they now face a challenge: how to close their positions.SVB shares plunged by 60% on Thursday as worries mounted over the bank’s operation, netting traders who bet against the stock a one-day mark-to-market profit of roughly $513 million. The stock fell another 63% in premarket trading Friday before being halted, with the Federal Deposit Insurance Corp. ultimately announcing that it had seized the bank.“SIVB’s closure gives short sellers a windfall profit, but now they have to go through the sometimes-difficult process of liquidating their positions and realizing their mark-to-market profits,” said S3 Partners head of predictive analytics Ihor Dusaniwsky.“With stock borrow financing costs accruing daily, even on weekends, even though trading is halted there is a continuous reduction of profits until short sellers close out their positions and return their borrowed shares.”The SVB collapse comes just a day after crypto-friendly bank Silvergate Capital Corp.’s announcement that it would liquidate and voluntarily wind down operations of its bank. That too minted bets against that heavily-shorted stock a sizeable windfall, although unlike SVB, its shares are still trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949869480,"gmtCreate":1678494066040,"gmtModify":1678494069834,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949869480","repostId":"1190583234","repostType":4,"repost":{"id":"1190583234","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":1678427464,"share":"https://www.laohu8.com/m/news/1190583234?lang=&edition=full","pubTime":"2023-03-10 13:51","market":"us","language":"en","title":"Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1190583234","media":"Tiger Newspress","summary":"U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved fo","content":"<html><head></head><body><p>U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.</p><p>At that time, the regular trading period of the US stock market will become:</p><p><b>Beijing Time/SGT</b>: 21:30 p.m. to 04:00 a.m.</p><p><b>AEDT Time (Australian Eastern Daylight Time)</b>: 00:30 a.m. to 07:00 a.m.</p><p><b>NZDT Time (New Zealand Daylight Time)</b>: 02:30 a.m. to 09:00 a.m.</p><p>Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.</p><p><img src=\"https://static.tigerbbs.com/bb43c4b21c5c5212202ea8e20e5bd617\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"/>Background</p><p>In 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.</p><p>In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.</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>Reminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023</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\">\nReminder: U.S. Daylight Saving Time Begins on Sunday, March 12, 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-10 13:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.</p><p>At that time, the regular trading period of the US stock market will become:</p><p><b>Beijing Time/SGT</b>: 21:30 p.m. to 04:00 a.m.</p><p><b>AEDT Time (Australian Eastern Daylight Time)</b>: 00:30 a.m. to 07:00 a.m.</p><p><b>NZDT Time (New Zealand Daylight Time)</b>: 02:30 a.m. to 09:00 a.m.</p><p>Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.</p><p><img src=\"https://static.tigerbbs.com/bb43c4b21c5c5212202ea8e20e5bd617\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"/>Background</p><p>In 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.</p><p>In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190583234","content_text":"U.S. daylight saving time begins on Sunday, March 12, 2023. at 2:00 a.m. The clocks will be moved forward from 2:00 a.m. to 3:00 a.m.At that time, the regular trading period of the US stock market will become:Beijing Time/SGT: 21:30 p.m. to 04:00 a.m.AEDT Time (Australian Eastern Daylight Time): 00:30 a.m. to 07:00 a.m.NZDT Time (New Zealand Daylight Time): 02:30 a.m. to 09:00 a.m.Daylight saving time will end on Nov. 5 this year. The federal Energy Policy Act of 2005 decreed that standard time starts on the first Sunday of November.BackgroundIn 1918, the U.S. enacted the first Daylight Saving Time law as a way to conserve fuel. It was reintroduced during World War II.In 1973, President Nixon signed into law the Emergency Daylight Saving Time Energy Conservation Act, which made DST permanent in the U.S. This helped reduce confusion throughout the country with some regions of the U.S. participating in the practice and some regions opting out.","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949869506,"gmtCreate":1678494055805,"gmtModify":1678494059249,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949869506","repostId":"2318041753","repostType":4,"repost":{"id":"2318041753","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":1678489440,"share":"https://www.laohu8.com/m/news/2318041753?lang=&edition=full","pubTime":"2023-03-11 07:04","market":"us","language":"en","title":"US STOCKS-Wall St Sinks on Jitters About Banks After Mixed Jobs Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2318041753","media":"Reuters","summary":"(Reuters) - Wall Street's indexes ended down more than 1% on Friday after investors ran for the exit","content":"<html><head></head><body><p>(Reuters) - Wall Street&#39;s indexes ended down more than 1% on Friday after investors ran for the exits as they feared for the health of U.S. banks after the failure of a high-profile lender to the technology sector, overshadowing the February jobs report.</p><p>California banking regulators said they closed <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a> to protect deposits in what was the largest bank failure since the financial crisis. A capital crisis at SVB had already put pressure on bank stocks globally.</p><p>SVB had tried but failed to shore up its balance sheet through a stock sale proposed late on Wednesday. The same day, crypto-lender <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> said it would have to wind down after huge losses from the FTX cryptocurrency exchange collapse.</p><p>&#34;There&#39;s concern cracks may be appearing in the financial system as a result of the Federal Reserve&#39;s aggressive rate hikes,&#34; said Carol Schleif, chief investment officer, BMO family office in Minneapolis. &#34;The fear is whether it&#39;s broader than one industry&#39;s bank and one segment of the economy.&#34;</p><p>While many investors looked through their bank holdings for signs of risk, Schleif said much of the weakness in regional bank stocks stemmed from a &#34;proverbial shoot first ask questions later situation.&#34;</p><p>The KBW regional banking index ended the session down 2.4% while the S&amp;P 500 financials index lost 1.8%.</p><p>Schleif and other investors said they hoped regulations added to the U.S. banking system since the 2008 financial crisis would prevent a similar catastrophe.</p><p>But still &#34;people are very nervous because they don&#39;t want a repeat,&#34; she said.</p><p>The Dow Jones Industrial Average fell 345.22 points, or 1.07%, to 31,909.64, the S&amp;P 500 lost 56.73 points, or 1.45%, to 3,861.59 and the Nasdaq Composite dropped 199.47 points, or 1.76%, to 11,138.89.</p><p>All 11 S&amp;P 500 industry sectors lost ground. Real estate , down 3.3%, led declines while consumer staples the top performer, fell just 0.5%.</p><p>For the week, the S&amp;P lost 4.6% in its biggest weekly percentage decline since September but was clinging to a tiny year-to-date gain of 0.6%. The Dow fell 4.4% for the week and was down more than 3% year-to-date while the Nasdaq declined 4.7% this week but was up more than 6% for 2023.</p><p>The Cboe Volatility Index, an options-based indicator that reflects demand for protection against stock market declines, closed at a 3-month high, up 2.19 points at 24.9 after touching a roughly five-month high during the session.</p><p>MIXED JOBS REPORT</p><p>Investors had expected to end the week with most of their focus on economic data rather than banks.</p><p>Before the market opened, the closely monitored non-farm payrolls report showed the U.S. economy added more jobs than expected in February while average hourly earnings rose at a slower 0.2% last month after versus 0.3% in January while unemployment rose to 3.6%.</p><p>The data had eased some concerns that the Fed could raise rates by 50 basis points at its March meeting after hawkish remarks from Fed Chair Powell this week.</p><p>But investors were more focused on uncertainties around the bank system, said John Praveen, managing director &amp; Co-CIO at Paleo Leon in Princeton, New Jersey.</p><p>&#34;Whatever positive vibes came out of the labor market report were upstaged by negative vibes from the SVB situation,&#34; Praveen said.</p><p>The S&amp;P 500&#39;s bank subsector closed down 0.5% with a boost from JPMorgan Chase, which closed up 2.5% and Wells Fargo , which closed up 0.6% while the rest of the index lost ground.</p><p>The biggest decliners were Silvergate cryto-bank peer <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>, which tumbled 22.9% and regional bank First Republic, which finished down 14.8%.</p><p>In individual stocks, Gap Inc lost 6.3% after the apparel retailer posted a bigger-than-expected fourth-quarter loss and forecast full-year sales below Wall Street estimates.</p><p>Oracle Corp slid 3% after the software firm missed third-quarter revenue estimates.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.75-to-1 ratio; on Nasdaq, a 4.31-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted no new 52-week highs and 40 new lows; the Nasdaq Composite recorded 25 new highs and 493 new lows.</p><p>On U.S. exchanges 15.17 billion shares changed hands, well above the 11.13 billion average for the last 20 sessions. (Reporting by Sinéad Carew and Saqib Iqbal Ahmed in New York, Amruta Khandekar and Shristi Achar in Bengaluru Editing by Vinay Dwivedi and David Gregorio)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Sinks on Jitters About Banks After Mixed Jobs Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Sinks on Jitters About Banks After Mixed Jobs Report\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\">2023-03-11 07:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Wall Street&#39;s indexes ended down more than 1% on Friday after investors ran for the exits as they feared for the health of U.S. banks after the failure of a high-profile lender to the technology sector, overshadowing the February jobs report.</p><p>California banking regulators said they closed <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a> to protect deposits in what was the largest bank failure since the financial crisis. A capital crisis at SVB had already put pressure on bank stocks globally.</p><p>SVB had tried but failed to shore up its balance sheet through a stock sale proposed late on Wednesday. The same day, crypto-lender <a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a> said it would have to wind down after huge losses from the FTX cryptocurrency exchange collapse.</p><p>&#34;There&#39;s concern cracks may be appearing in the financial system as a result of the Federal Reserve&#39;s aggressive rate hikes,&#34; said Carol Schleif, chief investment officer, BMO family office in Minneapolis. &#34;The fear is whether it&#39;s broader than one industry&#39;s bank and one segment of the economy.&#34;</p><p>While many investors looked through their bank holdings for signs of risk, Schleif said much of the weakness in regional bank stocks stemmed from a &#34;proverbial shoot first ask questions later situation.&#34;</p><p>The KBW regional banking index ended the session down 2.4% while the S&amp;P 500 financials index lost 1.8%.</p><p>Schleif and other investors said they hoped regulations added to the U.S. banking system since the 2008 financial crisis would prevent a similar catastrophe.</p><p>But still &#34;people are very nervous because they don&#39;t want a repeat,&#34; she said.</p><p>The Dow Jones Industrial Average fell 345.22 points, or 1.07%, to 31,909.64, the S&amp;P 500 lost 56.73 points, or 1.45%, to 3,861.59 and the Nasdaq Composite dropped 199.47 points, or 1.76%, to 11,138.89.</p><p>All 11 S&amp;P 500 industry sectors lost ground. Real estate , down 3.3%, led declines while consumer staples the top performer, fell just 0.5%.</p><p>For the week, the S&amp;P lost 4.6% in its biggest weekly percentage decline since September but was clinging to a tiny year-to-date gain of 0.6%. The Dow fell 4.4% for the week and was down more than 3% year-to-date while the Nasdaq declined 4.7% this week but was up more than 6% for 2023.</p><p>The Cboe Volatility Index, an options-based indicator that reflects demand for protection against stock market declines, closed at a 3-month high, up 2.19 points at 24.9 after touching a roughly five-month high during the session.</p><p>MIXED JOBS REPORT</p><p>Investors had expected to end the week with most of their focus on economic data rather than banks.</p><p>Before the market opened, the closely monitored non-farm payrolls report showed the U.S. economy added more jobs than expected in February while average hourly earnings rose at a slower 0.2% last month after versus 0.3% in January while unemployment rose to 3.6%.</p><p>The data had eased some concerns that the Fed could raise rates by 50 basis points at its March meeting after hawkish remarks from Fed Chair Powell this week.</p><p>But investors were more focused on uncertainties around the bank system, said John Praveen, managing director &amp; Co-CIO at Paleo Leon in Princeton, New Jersey.</p><p>&#34;Whatever positive vibes came out of the labor market report were upstaged by negative vibes from the SVB situation,&#34; Praveen said.</p><p>The S&amp;P 500&#39;s bank subsector closed down 0.5% with a boost from JPMorgan Chase, which closed up 2.5% and Wells Fargo , which closed up 0.6% while the rest of the index lost ground.</p><p>The biggest decliners were Silvergate cryto-bank peer <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>, which tumbled 22.9% and regional bank First Republic, which finished down 14.8%.</p><p>In individual stocks, Gap Inc lost 6.3% after the apparel retailer posted a bigger-than-expected fourth-quarter loss and forecast full-year sales below Wall Street estimates.</p><p>Oracle Corp slid 3% after the software firm missed third-quarter revenue estimates.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.75-to-1 ratio; on Nasdaq, a 4.31-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted no new 52-week highs and 40 new lows; the Nasdaq Composite recorded 25 new highs and 493 new lows.</p><p>On U.S. exchanges 15.17 billion shares changed hands, well above the 11.13 billion average for the last 20 sessions. (Reporting by Sinéad Carew and Saqib Iqbal Ahmed in New York, Amruta Khandekar and Shristi Achar in Bengaluru Editing by Vinay Dwivedi and David Gregorio)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318041753","content_text":"(Reuters) - Wall Street's indexes ended down more than 1% on Friday after investors ran for the exits as they feared for the health of U.S. banks after the failure of a high-profile lender to the technology sector, overshadowing the February jobs report.California banking regulators said they closed SVB Financial Group to protect deposits in what was the largest bank failure since the financial crisis. A capital crisis at SVB had already put pressure on bank stocks globally.SVB had tried but failed to shore up its balance sheet through a stock sale proposed late on Wednesday. The same day, crypto-lender Silvergate Capital said it would have to wind down after huge losses from the FTX cryptocurrency exchange collapse.\"There's concern cracks may be appearing in the financial system as a result of the Federal Reserve's aggressive rate hikes,\" said Carol Schleif, chief investment officer, BMO family office in Minneapolis. \"The fear is whether it's broader than one industry's bank and one segment of the economy.\"While many investors looked through their bank holdings for signs of risk, Schleif said much of the weakness in regional bank stocks stemmed from a \"proverbial shoot first ask questions later situation.\"The KBW regional banking index ended the session down 2.4% while the S&P 500 financials index lost 1.8%.Schleif and other investors said they hoped regulations added to the U.S. banking system since the 2008 financial crisis would prevent a similar catastrophe.But still \"people are very nervous because they don't want a repeat,\" she said.The Dow Jones Industrial Average fell 345.22 points, or 1.07%, to 31,909.64, the S&P 500 lost 56.73 points, or 1.45%, to 3,861.59 and the Nasdaq Composite dropped 199.47 points, or 1.76%, to 11,138.89.All 11 S&P 500 industry sectors lost ground. Real estate , down 3.3%, led declines while consumer staples the top performer, fell just 0.5%.For the week, the S&P lost 4.6% in its biggest weekly percentage decline since September but was clinging to a tiny year-to-date gain of 0.6%. The Dow fell 4.4% for the week and was down more than 3% year-to-date while the Nasdaq declined 4.7% this week but was up more than 6% for 2023.The Cboe Volatility Index, an options-based indicator that reflects demand for protection against stock market declines, closed at a 3-month high, up 2.19 points at 24.9 after touching a roughly five-month high during the session.MIXED JOBS REPORTInvestors had expected to end the week with most of their focus on economic data rather than banks.Before the market opened, the closely monitored non-farm payrolls report showed the U.S. economy added more jobs than expected in February while average hourly earnings rose at a slower 0.2% last month after versus 0.3% in January while unemployment rose to 3.6%.The data had eased some concerns that the Fed could raise rates by 50 basis points at its March meeting after hawkish remarks from Fed Chair Powell this week.But investors were more focused on uncertainties around the bank system, said John Praveen, managing director & Co-CIO at Paleo Leon in Princeton, New Jersey.\"Whatever positive vibes came out of the labor market report were upstaged by negative vibes from the SVB situation,\" Praveen said.The S&P 500's bank subsector closed down 0.5% with a boost from JPMorgan Chase, which closed up 2.5% and Wells Fargo , which closed up 0.6% while the rest of the index lost ground.The biggest decliners were Silvergate cryto-bank peer Signature Bank, which tumbled 22.9% and regional bank First Republic, which finished down 14.8%.In individual stocks, Gap Inc lost 6.3% after the apparel retailer posted a bigger-than-expected fourth-quarter loss and forecast full-year sales below Wall Street estimates.Oracle Corp slid 3% after the software firm missed third-quarter revenue estimates.Declining issues outnumbered advancing ones on the NYSE by a 4.75-to-1 ratio; on Nasdaq, a 4.31-to-1 ratio favored decliners.The S&P 500 posted no new 52-week highs and 40 new lows; the Nasdaq Composite recorded 25 new highs and 493 new lows.On U.S. exchanges 15.17 billion shares changed hands, well above the 11.13 billion average for the last 20 sessions. (Reporting by Sinéad Carew and Saqib Iqbal Ahmed in New York, Amruta Khandekar and Shristi Achar in Bengaluru Editing by Vinay Dwivedi and David Gregorio)","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949869106,"gmtCreate":1678494004106,"gmtModify":1678494008287,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted","listText":"Noted","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":23,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949869106","repostId":"1121660476","repostType":4,"repost":{"id":"1121660476","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":1678489730,"share":"https://www.laohu8.com/m/news/1121660476?lang=&edition=full","pubTime":"2023-03-11 07:08","market":"us","language":"en","title":"Banking Regulators Shutter SVB, Collapse Unnerves Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1121660476","media":"Reuters","summary":"California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branc","content":"<html><head></head><body><ul><li>California regulator closes SVB, appoints FDIC as receiver</li><li>SVB focused on lending to start-ups; branches to reopen Monday</li><li>FDIC to sell bank assets; &#39;chaos&#39; reported amid withdrawals</li><li>Bank shares fall in U.S., Europe, but well off lows</li><li>Crisis exposes banking &#39;vulnerabilities&#39; amid rising rates</li></ul><p>(Reuters) - California banking regulators on Friday moved quickly to close startup-focused lender <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group </a>, the largest bank failure since the financial crisis, a sudden collapse that prompted the global banking sector to shed billions in market value.</p><p>The regulator appointed the Federal Deposit Insurance Corporation (FDIC) as receiver, putting the tech-heavy lender into receivership and will dispose of its assets, according to a statement.</p><p>Silicon Valley Bank is the first FDIC-insured institution to fail this year, the FDIC said. The last FDIC-insured institution to close was Almena State Bank in Kansas, on October 23, 2020.</p><p>The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, according to the FDIC statement.</p><p>Technology workers whose paychecks relied on the bank were worried about getting paid on Friday. An SVB branch in San Francisco showed a Scotch-taped note telling clients to call a toll-free telephone number.</p><p>SVB, which does business as Silicon Valley Bank, was not immediately available for comment. Its customers were met with locked doors on Friday. A client dashboard was down, a UK-based client of the bank told Reuters.</p><p>Dean Nelson, CEO of Cato Digital, was on a line outside of SVB Santa Clara headquarters, hoping to get answers. Nelson said he was worried about the company&#39;s ability to pay employees and cover expenses.</p><p>&#34;Access to the cash is the biggest problem for the majority of the companies here. If you’re a startup, cash is king. The cash and the workflow, to be able to have the runway is critical.&#34;</p><p>U.S. banks have lost over $100 billion in stock market value over the past two days, with European banks losing around another $50 billion in value, according to a Reuters calculation. Regional banks sold off on Friday.</p><p>Some forecast more pain for the sector.</p><p>&#34;There could be a bloodbath next week as banks are in trouble, the short sellers are out there and they are going to attack every single bank, especially the smaller ones,&#34; said Christopher Whalen, chairman of Whalen Global Advisors.</p><p>U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday expressed &#34;full confidence&#34; in their abilities to respond to the situation, Treasury said.</p><p>The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB. Cecilia Rouse, who chairs the Council of Economic Advisers, said the U.S. banking system was fundamentally stronger than it was during the 2008 financial crisis.</p><p>The FDIC said it would seek to sell SVB&#39;s assets and that future dividend payments may be made to uninsured depositors.</p><p>&#34;The first bank failure since 2020 is a wake-up call,&#34; said Matthew Goldberg, an analyst at Bankrate. &#34;Even during times when there are no bank failures or few bank failures, you always have to make sure your money is safe and within FDIC limits and rules at an FDIC-insured bank.&#34;</p><h3>PAIN SPREADS</h3><p>The bank scrambled this week to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.</p><p>Shares of SVB remained halted on Friday after tumbling as much as 66% in premarket trading. While the suspension of SVB&#39;s shares made it hard to assess how much value was left at SVB, the trading of its bonds offered clues. Most of its long-dated bonds collapsed in value on Friday, with a May 2028 bond trading down from 85 cents to 36 cents on the dollar.</p><p>The rout in SVB&#39;s stock, which began on Thursday, spilled over into other U.S. and European banks, with the episode spreading concern about hidden risks in the sector and its vulnerability to the rising cost of money. But banking shares were well off their lows on Friday.</p><p>U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors.</p><p>The S&amp;P 500 regional banks index (.SPLRCBNKS) dropped 4.3%, bringing its loss this week to 18%, its worst week since 2009. The S&amp;P 500 banks index (.SPXBK), which includes both large and medium banks, fell 0.5%, bringing its loss this week to over 11.5%.</p><p>The problems at SVB underscore how a campaign by the U.S. Federal Reserve and other central banks to fight inflation by ending t he era of cheap money is exposing vulnerabilities in the market.</p><p>Global borrowing costs have risen at the fastest pace in decades over the last year as the Federal Reserve lifted U.S. rates by 450 basis points from near zero, while the European Central Bank hiked the euro zone&#39;s by 300 bps.</p><p>&#34;Silicon Valley Bank is shedding light on vulnerabilities across the US banking sector, primarily in the bond holdings that many large institutions hold,&#34; said Karl Schamotta, Chief Market Strategist at Corpay.</p><h3>&#39;CHAOS&#39; AS CLIENTS RUSH TO WITHDRAW</h3><p>As higher interest rates caused the market for initial public offerings to shut down for many startups and made private fundraising more costly, some SVB clients started pulling money out.</p><p>To fund the redemptions, SVB sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole.</p><p>One UK-based principal at a venture capital firm, who asked to be anonymous because he is not authorized to speak to press, said his firm had rushed to pull “single digit millions” from four accounts at Silicon Valley Bank late on Thursday.</p><p>The source characterized the situation as &#34;chaos.&#34;</p><p>The technology sector has been hit hard and stress has appeared in other corners of the market as rates rise.</p><p>Sources familiar with the situation said on Thursday that some startups had advised their founders to pull out money from SVB as a precautionary measure.</p><p>Short sellers in SVB have profited by $717 million since Wednesday&#39;s close, according to analytics firm Ortex.</p><p>&#34;The market is tired of companies that do business with unprofitable companies or that are unprofitable themselves,&#34; said David Trainer, CEO of New Constructs, an investment research firm.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBanking Regulators Shutter SVB, Collapse Unnerves Investors\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\">2023-03-11 07:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>California regulator closes SVB, appoints FDIC as receiver</li><li>SVB focused on lending to start-ups; branches to reopen Monday</li><li>FDIC to sell bank assets; &#39;chaos&#39; reported amid withdrawals</li><li>Bank shares fall in U.S., Europe, but well off lows</li><li>Crisis exposes banking &#39;vulnerabilities&#39; amid rising rates</li></ul><p>(Reuters) - California banking regulators on Friday moved quickly to close startup-focused lender <a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group </a>, the largest bank failure since the financial crisis, a sudden collapse that prompted the global banking sector to shed billions in market value.</p><p>The regulator appointed the Federal Deposit Insurance Corporation (FDIC) as receiver, putting the tech-heavy lender into receivership and will dispose of its assets, according to a statement.</p><p>Silicon Valley Bank is the first FDIC-insured institution to fail this year, the FDIC said. The last FDIC-insured institution to close was Almena State Bank in Kansas, on October 23, 2020.</p><p>The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, according to the FDIC statement.</p><p>Technology workers whose paychecks relied on the bank were worried about getting paid on Friday. An SVB branch in San Francisco showed a Scotch-taped note telling clients to call a toll-free telephone number.</p><p>SVB, which does business as Silicon Valley Bank, was not immediately available for comment. Its customers were met with locked doors on Friday. A client dashboard was down, a UK-based client of the bank told Reuters.</p><p>Dean Nelson, CEO of Cato Digital, was on a line outside of SVB Santa Clara headquarters, hoping to get answers. Nelson said he was worried about the company&#39;s ability to pay employees and cover expenses.</p><p>&#34;Access to the cash is the biggest problem for the majority of the companies here. If you’re a startup, cash is king. The cash and the workflow, to be able to have the runway is critical.&#34;</p><p>U.S. banks have lost over $100 billion in stock market value over the past two days, with European banks losing around another $50 billion in value, according to a Reuters calculation. Regional banks sold off on Friday.</p><p>Some forecast more pain for the sector.</p><p>&#34;There could be a bloodbath next week as banks are in trouble, the short sellers are out there and they are going to attack every single bank, especially the smaller ones,&#34; said Christopher Whalen, chairman of Whalen Global Advisors.</p><p>U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday expressed &#34;full confidence&#34; in their abilities to respond to the situation, Treasury said.</p><p>The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB. Cecilia Rouse, who chairs the Council of Economic Advisers, said the U.S. banking system was fundamentally stronger than it was during the 2008 financial crisis.</p><p>The FDIC said it would seek to sell SVB&#39;s assets and that future dividend payments may be made to uninsured depositors.</p><p>&#34;The first bank failure since 2020 is a wake-up call,&#34; said Matthew Goldberg, an analyst at Bankrate. &#34;Even during times when there are no bank failures or few bank failures, you always have to make sure your money is safe and within FDIC limits and rules at an FDIC-insured bank.&#34;</p><h3>PAIN SPREADS</h3><p>The bank scrambled this week to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.</p><p>Shares of SVB remained halted on Friday after tumbling as much as 66% in premarket trading. While the suspension of SVB&#39;s shares made it hard to assess how much value was left at SVB, the trading of its bonds offered clues. Most of its long-dated bonds collapsed in value on Friday, with a May 2028 bond trading down from 85 cents to 36 cents on the dollar.</p><p>The rout in SVB&#39;s stock, which began on Thursday, spilled over into other U.S. and European banks, with the episode spreading concern about hidden risks in the sector and its vulnerability to the rising cost of money. But banking shares were well off their lows on Friday.</p><p>U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors.</p><p>The S&amp;P 500 regional banks index (.SPLRCBNKS) dropped 4.3%, bringing its loss this week to 18%, its worst week since 2009. The S&amp;P 500 banks index (.SPXBK), which includes both large and medium banks, fell 0.5%, bringing its loss this week to over 11.5%.</p><p>The problems at SVB underscore how a campaign by the U.S. Federal Reserve and other central banks to fight inflation by ending t he era of cheap money is exposing vulnerabilities in the market.</p><p>Global borrowing costs have risen at the fastest pace in decades over the last year as the Federal Reserve lifted U.S. rates by 450 basis points from near zero, while the European Central Bank hiked the euro zone&#39;s by 300 bps.</p><p>&#34;Silicon Valley Bank is shedding light on vulnerabilities across the US banking sector, primarily in the bond holdings that many large institutions hold,&#34; said Karl Schamotta, Chief Market Strategist at Corpay.</p><h3>&#39;CHAOS&#39; AS CLIENTS RUSH TO WITHDRAW</h3><p>As higher interest rates caused the market for initial public offerings to shut down for many startups and made private fundraising more costly, some SVB clients started pulling money out.</p><p>To fund the redemptions, SVB sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole.</p><p>One UK-based principal at a venture capital firm, who asked to be anonymous because he is not authorized to speak to press, said his firm had rushed to pull “single digit millions” from four accounts at Silicon Valley Bank late on Thursday.</p><p>The source characterized the situation as &#34;chaos.&#34;</p><p>The technology sector has been hit hard and stress has appeared in other corners of the market as rates rise.</p><p>Sources familiar with the situation said on Thursday that some startups had advised their founders to pull out money from SVB as a precautionary measure.</p><p>Short sellers in SVB have profited by $717 million since Wednesday&#39;s close, according to analytics firm Ortex.</p><p>&#34;The market is tired of companies that do business with unprofitable companies or that are unprofitable themselves,&#34; said David Trainer, CEO of New Constructs, an investment research firm.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121660476","content_text":"California regulator closes SVB, appoints FDIC as receiverSVB focused on lending to start-ups; branches to reopen MondayFDIC to sell bank assets; 'chaos' reported amid withdrawalsBank shares fall in U.S., Europe, but well off lowsCrisis exposes banking 'vulnerabilities' amid rising rates(Reuters) - California banking regulators on Friday moved quickly to close startup-focused lender SVB Financial Group , the largest bank failure since the financial crisis, a sudden collapse that prompted the global banking sector to shed billions in market value.The regulator appointed the Federal Deposit Insurance Corporation (FDIC) as receiver, putting the tech-heavy lender into receivership and will dispose of its assets, according to a statement.Silicon Valley Bank is the first FDIC-insured institution to fail this year, the FDIC said. The last FDIC-insured institution to close was Almena State Bank in Kansas, on October 23, 2020.The main office and all branches of Silicon Valley Bank will reopen on March 13 and all insured depositors will have full access to their insured deposits no later than Monday morning, according to the FDIC statement.Technology workers whose paychecks relied on the bank were worried about getting paid on Friday. An SVB branch in San Francisco showed a Scotch-taped note telling clients to call a toll-free telephone number.SVB, which does business as Silicon Valley Bank, was not immediately available for comment. Its customers were met with locked doors on Friday. A client dashboard was down, a UK-based client of the bank told Reuters.Dean Nelson, CEO of Cato Digital, was on a line outside of SVB Santa Clara headquarters, hoping to get answers. Nelson said he was worried about the company's ability to pay employees and cover expenses.\"Access to the cash is the biggest problem for the majority of the companies here. If you’re a startup, cash is king. The cash and the workflow, to be able to have the runway is critical.\"U.S. banks have lost over $100 billion in stock market value over the past two days, with European banks losing around another $50 billion in value, according to a Reuters calculation. Regional banks sold off on Friday.Some forecast more pain for the sector.\"There could be a bloodbath next week as banks are in trouble, the short sellers are out there and they are going to attack every single bank, especially the smaller ones,\" said Christopher Whalen, chairman of Whalen Global Advisors.U.S. Treasury Secretary Janet Yellen met with banking regulators on Friday expressed \"full confidence\" in their abilities to respond to the situation, Treasury said.The White House on Friday said it had faith and confidence in U.S. financial regulators, when asked about the failure of SVB. Cecilia Rouse, who chairs the Council of Economic Advisers, said the U.S. banking system was fundamentally stronger than it was during the 2008 financial crisis.The FDIC said it would seek to sell SVB's assets and that future dividend payments may be made to uninsured depositors.\"The first bank failure since 2020 is a wake-up call,\" said Matthew Goldberg, an analyst at Bankrate. \"Even during times when there are no bank failures or few bank failures, you always have to make sure your money is safe and within FDIC limits and rules at an FDIC-insured bank.\"PAIN SPREADSThe bank scrambled this week to reassure its venture capital clients their money was safe after a capital raise led to its stock collapsing 60% and contributed to wiping out over $80 billion in value from bank shares.Shares of SVB remained halted on Friday after tumbling as much as 66% in premarket trading. While the suspension of SVB's shares made it hard to assess how much value was left at SVB, the trading of its bonds offered clues. Most of its long-dated bonds collapsed in value on Friday, with a May 2028 bond trading down from 85 cents to 36 cents on the dollar.The rout in SVB's stock, which began on Thursday, spilled over into other U.S. and European banks, with the episode spreading concern about hidden risks in the sector and its vulnerability to the rising cost of money. But banking shares were well off their lows on Friday.U.S. lenders First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors.The S&P 500 regional banks index (.SPLRCBNKS) dropped 4.3%, bringing its loss this week to 18%, its worst week since 2009. The S&P 500 banks index (.SPXBK), which includes both large and medium banks, fell 0.5%, bringing its loss this week to over 11.5%.The problems at SVB underscore how a campaign by the U.S. Federal Reserve and other central banks to fight inflation by ending t he era of cheap money is exposing vulnerabilities in the market.Global borrowing costs have risen at the fastest pace in decades over the last year as the Federal Reserve lifted U.S. rates by 450 basis points from near zero, while the European Central Bank hiked the euro zone's by 300 bps.\"Silicon Valley Bank is shedding light on vulnerabilities across the US banking sector, primarily in the bond holdings that many large institutions hold,\" said Karl Schamotta, Chief Market Strategist at Corpay.'CHAOS' AS CLIENTS RUSH TO WITHDRAWAs higher interest rates caused the market for initial public offerings to shut down for many startups and made private fundraising more costly, some SVB clients started pulling money out.To fund the redemptions, SVB sold on Wednesday a $21 billion bond portfolio consisting mostly of U.S. Treasuries. SVB announced on Thursday it would sell $2.25 billion in common equity and preferred convertible stock to fill its funding hole.One UK-based principal at a venture capital firm, who asked to be anonymous because he is not authorized to speak to press, said his firm had rushed to pull “single digit millions” from four accounts at Silicon Valley Bank late on Thursday.The source characterized the situation as \"chaos.\"The technology sector has been hit hard and stress has appeared in other corners of the market as rates rise.Sources familiar with the situation said on Thursday that some startups had advised their founders to pull out money from SVB as a precautionary measure.Short sellers in SVB have profited by $717 million since Wednesday's close, according to analytics firm Ortex.\"The market is tired of companies that do business with unprofitable companies or that are unprofitable themselves,\" said David Trainer, CEO of New Constructs, an investment research firm.","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949969718,"gmtCreate":1678315085035,"gmtModify":1678317813332,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://community-static.tradeup.com/news/38e40c44fababa6849ceb15dfe8931a3","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949969718","repostId":"2318238911","repostType":4,"repost":{"id":"2318238911","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":1678314793,"share":"https://www.laohu8.com/m/news/2318238911?lang=&edition=full","pubTime":"2023-03-09 06:33","market":"us","language":"en","title":"Fed Still up in the Air on Whether to Accelerate Rate Hikes, Powell Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2318238911","media":"Reuters","summary":"WASHINGTON, March 8 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his mess","content":"<html><head></head><body><p>WASHINGTON, March 8 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was still underway with a decision hinging on data to be issued before the U.S. central bank&#39;s policy meeting in two weeks.</p><p>&#34;If - and I stress that no decision has been made on this - but if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes,&#34; Powell told the U.S. House of Representatives Financial Services Committee in testimony that added a cautionary clause to the otherwise identical message he delivered to a Senate committee on Tuesday.</p><p>He emphasized the point again in response to a question explicitly about the expected outcome of the March 21-22 meeting from Representative Patrick McHenry, the Republican chair of the committee.</p><p>&#34;We have not made any decision,&#34; Powell said, but will be looking closely at upcoming jobs data on Friday and inflation data next week in deciding whether rate hikes need to shift back into a higher gear.</p><p>As happened in the session on Tuesday, lawmakers pressed Powell about the impact Fed policy was having on the economy and whether officials were risking recession in the drive to temper price increases.</p><p>Powell acknowledged once again that the Fed was wrong in initially thinking inflation was only the result of &#34;transitory&#34; factors that would ease on their own, and said he was surprised as well in how the labor market has behaved through the recovery from the COVID-19 pandemic.</p><p>There have been &#34;a bunch of firsts,&#34; Powell said. &#34;If we ever get this pitch again, we&#39;ll know how to swing at it.&#34;</p><p>Asked if he would pause interest rate hikes to avoid a recession, Powell responded &#34;I don&#39;t do &#39;yes or no&#39; on &#39;will I pause interest rate hikes?&#39; That&#39;s a serious question. I can&#39;t tell you because I don&#39;t know all the facts.&#34;</p><p>The Fed&#39;s intense battle against inflation over the past year has reshaped financial markets, made home mortgages and other credit more costly, and aimed to cool the economy overall.</p><p>As of the start of the year it seemed to be working, with Powell at a Feb. 1 news conference saying a &#34;disinflationary process&#34; had taken hold.</p><p>Inflation data since then has been worse than expected, and revisions to prior months showed the Fed had made less progress than thought in returning inflation to its 2% target from current levels that are more than double that.</p><p>As Powell delivered his opening remarks, new job openings data showed little progress on one measure the Fed has focused on, with employers still holding 1.9 jobs open for each unemployed person, well above pre-pandemic norms.</p><p>Other aspects of the data, however, moved gradually in ways consistent with a softer job market. Overall openings dropped slightly, the rate at which workers were quitting continued a gradual decline, and the rate of layoffs increased.</p><p>In a separate release on Wednesday, the Fed&#39;s &#34;Beige Book&#34; report of anecdotal information about the economy showed the mixed picture developing on the ground, as some businesses reported freely passing along higher prices to consumers while others said they were starting to slice into profits to keep prices competitive.</p><p>Diminished corporate profit margins are something Powell said in the hearings this week should help pull inflation down after they escalated during the era of pandemic shortages.</p><h2>BLUNT ASSESSMENT</h2><p>But even if inflation has moderated from its high point last summer, it is not falling fast enough for the Fed&#39;s liking. The Fed chief&#39;s semi-annual testimony to Congress this week has again reset expectations of where the Fed is heading, with his blunt assessment that &#34;the ultimate level of interest rates is likely to be higher than previously anticipated&#34; because inflation is not falling as fast as it seemed just a few weeks ago.</p><p>Rate futures markets now expect policymakers to approve a half-percentage-point rate hike at the upcoming meeting.</p><p>Officials will also update projections on how high rates will ultimately need to be increased in order to squelch inflation. In their last set of projections, in mid-December, the median estimate of the high point of the Fed&#39;s benchmark overnight interest rate was between 5.00% and 5.25%, versus the current 4.50%-4.75% range.</p><p>Where that ends up remains to be seen, with Powell even offering some rationale for the benefits of slower rate hikes.</p><p>After a year of rapid rate increases, the economy may still be adjusting, Powell said, an argument for allowing more data to accumulate.</p><p>&#34;We know that slowing down the pace of rate hikes this year is a way for us to see more of those effects,&#34; Powell said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed Still up in the Air on Whether to Accelerate Rate Hikes, Powell Says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nFed Still up in the Air on Whether to Accelerate Rate Hikes, Powell Says\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\">2023-03-09 06:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, March 8 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was still underway with a decision hinging on data to be issued before the U.S. central bank&#39;s policy meeting in two weeks.</p><p>&#34;If - and I stress that no decision has been made on this - but if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes,&#34; Powell told the U.S. House of Representatives Financial Services Committee in testimony that added a cautionary clause to the otherwise identical message he delivered to a Senate committee on Tuesday.</p><p>He emphasized the point again in response to a question explicitly about the expected outcome of the March 21-22 meeting from Representative Patrick McHenry, the Republican chair of the committee.</p><p>&#34;We have not made any decision,&#34; Powell said, but will be looking closely at upcoming jobs data on Friday and inflation data next week in deciding whether rate hikes need to shift back into a higher gear.</p><p>As happened in the session on Tuesday, lawmakers pressed Powell about the impact Fed policy was having on the economy and whether officials were risking recession in the drive to temper price increases.</p><p>Powell acknowledged once again that the Fed was wrong in initially thinking inflation was only the result of &#34;transitory&#34; factors that would ease on their own, and said he was surprised as well in how the labor market has behaved through the recovery from the COVID-19 pandemic.</p><p>There have been &#34;a bunch of firsts,&#34; Powell said. &#34;If we ever get this pitch again, we&#39;ll know how to swing at it.&#34;</p><p>Asked if he would pause interest rate hikes to avoid a recession, Powell responded &#34;I don&#39;t do &#39;yes or no&#39; on &#39;will I pause interest rate hikes?&#39; That&#39;s a serious question. I can&#39;t tell you because I don&#39;t know all the facts.&#34;</p><p>The Fed&#39;s intense battle against inflation over the past year has reshaped financial markets, made home mortgages and other credit more costly, and aimed to cool the economy overall.</p><p>As of the start of the year it seemed to be working, with Powell at a Feb. 1 news conference saying a &#34;disinflationary process&#34; had taken hold.</p><p>Inflation data since then has been worse than expected, and revisions to prior months showed the Fed had made less progress than thought in returning inflation to its 2% target from current levels that are more than double that.</p><p>As Powell delivered his opening remarks, new job openings data showed little progress on one measure the Fed has focused on, with employers still holding 1.9 jobs open for each unemployed person, well above pre-pandemic norms.</p><p>Other aspects of the data, however, moved gradually in ways consistent with a softer job market. Overall openings dropped slightly, the rate at which workers were quitting continued a gradual decline, and the rate of layoffs increased.</p><p>In a separate release on Wednesday, the Fed&#39;s &#34;Beige Book&#34; report of anecdotal information about the economy showed the mixed picture developing on the ground, as some businesses reported freely passing along higher prices to consumers while others said they were starting to slice into profits to keep prices competitive.</p><p>Diminished corporate profit margins are something Powell said in the hearings this week should help pull inflation down after they escalated during the era of pandemic shortages.</p><h2>BLUNT ASSESSMENT</h2><p>But even if inflation has moderated from its high point last summer, it is not falling fast enough for the Fed&#39;s liking. The Fed chief&#39;s semi-annual testimony to Congress this week has again reset expectations of where the Fed is heading, with his blunt assessment that &#34;the ultimate level of interest rates is likely to be higher than previously anticipated&#34; because inflation is not falling as fast as it seemed just a few weeks ago.</p><p>Rate futures markets now expect policymakers to approve a half-percentage-point rate hike at the upcoming meeting.</p><p>Officials will also update projections on how high rates will ultimately need to be increased in order to squelch inflation. In their last set of projections, in mid-December, the median estimate of the high point of the Fed&#39;s benchmark overnight interest rate was between 5.00% and 5.25%, versus the current 4.50%-4.75% range.</p><p>Where that ends up remains to be seen, with Powell even offering some rationale for the benefits of slower rate hikes.</p><p>After a year of rapid rate increases, the economy may still be adjusting, Powell said, an argument for allowing more data to accumulate.</p><p>&#34;We know that slowing down the pace of rate hikes this year is a way for us to see more of those effects,&#34; Powell said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","BK4096":"电气部件与设备",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318238911","content_text":"WASHINGTON, March 8 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was still underway with a decision hinging on data to be issued before the U.S. central bank's policy meeting in two weeks.\"If - and I stress that no decision has been made on this - but if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes,\" Powell told the U.S. House of Representatives Financial Services Committee in testimony that added a cautionary clause to the otherwise identical message he delivered to a Senate committee on Tuesday.He emphasized the point again in response to a question explicitly about the expected outcome of the March 21-22 meeting from Representative Patrick McHenry, the Republican chair of the committee.\"We have not made any decision,\" Powell said, but will be looking closely at upcoming jobs data on Friday and inflation data next week in deciding whether rate hikes need to shift back into a higher gear.As happened in the session on Tuesday, lawmakers pressed Powell about the impact Fed policy was having on the economy and whether officials were risking recession in the drive to temper price increases.Powell acknowledged once again that the Fed was wrong in initially thinking inflation was only the result of \"transitory\" factors that would ease on their own, and said he was surprised as well in how the labor market has behaved through the recovery from the COVID-19 pandemic.There have been \"a bunch of firsts,\" Powell said. \"If we ever get this pitch again, we'll know how to swing at it.\"Asked if he would pause interest rate hikes to avoid a recession, Powell responded \"I don't do 'yes or no' on 'will I pause interest rate hikes?' That's a serious question. I can't tell you because I don't know all the facts.\"The Fed's intense battle against inflation over the past year has reshaped financial markets, made home mortgages and other credit more costly, and aimed to cool the economy overall.As of the start of the year it seemed to be working, with Powell at a Feb. 1 news conference saying a \"disinflationary process\" had taken hold.Inflation data since then has been worse than expected, and revisions to prior months showed the Fed had made less progress than thought in returning inflation to its 2% target from current levels that are more than double that.As Powell delivered his opening remarks, new job openings data showed little progress on one measure the Fed has focused on, with employers still holding 1.9 jobs open for each unemployed person, well above pre-pandemic norms.Other aspects of the data, however, moved gradually in ways consistent with a softer job market. Overall openings dropped slightly, the rate at which workers were quitting continued a gradual decline, and the rate of layoffs increased.In a separate release on Wednesday, the Fed's \"Beige Book\" report of anecdotal information about the economy showed the mixed picture developing on the ground, as some businesses reported freely passing along higher prices to consumers while others said they were starting to slice into profits to keep prices competitive.Diminished corporate profit margins are something Powell said in the hearings this week should help pull inflation down after they escalated during the era of pandemic shortages.BLUNT ASSESSMENTBut even if inflation has moderated from its high point last summer, it is not falling fast enough for the Fed's liking. The Fed chief's semi-annual testimony to Congress this week has again reset expectations of where the Fed is heading, with his blunt assessment that \"the ultimate level of interest rates is likely to be higher than previously anticipated\" because inflation is not falling as fast as it seemed just a few weeks ago.Rate futures markets now expect policymakers to approve a half-percentage-point rate hike at the upcoming meeting.Officials will also update projections on how high rates will ultimately need to be increased in order to squelch inflation. In their last set of projections, in mid-December, the median estimate of the high point of the Fed's benchmark overnight interest rate was between 5.00% and 5.25%, versus the current 4.50%-4.75% range.Where that ends up remains to be seen, with Powell even offering some rationale for the benefits of slower rate hikes.After a year of rapid rate increases, the economy may still be adjusting, Powell said, an argument for allowing more data to accumulate.\"We know that slowing down the pace of rate hikes this year is a way for us to see more of those effects,\" Powell said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}