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Penthon
2023-05-03
Sharks
ChatGPT Just Crushed Chegg Stock. These 3 Companies Could Be Next
Penthon
2023-04-03
Up
OPEC Cuts Nearly 1.2 Million Barrels Per Day, WTI Oil Surges Higher: Winners And Losers
Penthon
2023-04-03
Up
Tesla Deliveries Rise to Record After Slashing Prices on EVs
Penthon
2023-03-31
Up
Alibaba, JD.com Lead Tech Winners: Hong Kong Stocks Log Best Run Since January
Penthon
2023-03-31
Up
The 3 Best Stocks to Buy if We Enter a New Bull Market Soon
Penthon
2023-03-29
Just a lifecycle
Micron Just Released an Objectively Horrible Earnings Report. Why Is the Stock Not Falling?
Penthon
2023-03-29
Up
Sorry, the original content has been removed
Penthon
2023-03-29
120 first
How Alibaba's Six New Business Units Stack up
Penthon
2023-03-27
Up
@BaronLyly:TSLA is only big elephant in the room
Penthon
2023-03-27
Good
First Citizens Said to Near Deal for Silicon Valley Bank
Penthon
2023-03-21
Ok
Bank of America Halts Trading With Credit Suisse Electronic Stocks Desk -Email
Penthon
2023-03-18
Alright...
Bank Stocks Skid in Morning Trading with JPMorgan and Morgan Stanley Dropping Over 2%
Penthon
2023-03-18
Good
UBS in Talks to Acquire Credit Suisse
Penthon
2023-03-18
Further support lines to be seem..
First Republic Shares Tank Almost 33% Despite $30 Bln Support
Penthon
2023-03-17
Nice
After-Hours Movers: First Republic Resumes Free-Fall; Fedex Surges On Raised Guidance
Penthon
2023-03-17
Good
First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue
Penthon
2023-03-17
No
First Republic Goes From Wall Street Raider to Seller in Days
Penthon
2023-03-16
Lets go
ChatGPT Says These 7 Stocks Could Be the Next Trillion-Dollar Companies
Penthon
2023-03-13
Price of Tesla will down again if he bids...
Would Musk's Twitter Bid For Troubled Silicon Valley Bank? The Billionaire Says He's "Open To The Idea"
Penthon
2023-03-13
Fall
SVB Fallout, Inflation, Retail Sales: What to Know This Week
Go to Tiger App to see more news
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08:31","market":"us","language":"en","title":"ChatGPT Just Crushed Chegg Stock. These 3 Companies Could Be Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1163848198","media":"Motley Fool","summary":"Chegg blamed ChatGPT for a slowdown in new user growth. Here's what it could mean for other companies potentially affected by the technology.","content":"<html><head></head><body><h2 style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Chegg shares fell roughly 50% on news that it was being disrupted by the new AI chatbot.</p></li><li><p>This appears to be the first large-scale sell-off in response to the ChatGPT disruption.</p></li><li><p>The move holds significant implications for a wide range of industries, including law and education.</p></li></ul><p>ChatGPT has claimed its first scalp.</p><p style=\"text-align: start;\">Shares of <strong>Chegg </strong>were cut in half Tuesday after the education technology company known for renting textbooks and helping students with their homework said new user growth ran into a wall due to OpenAI's new chatbot.</p><p style=\"text-align: start;\">On the earnings call, Chegg CEO Dan Rosensweig said:</p><blockquote><em>In the first part of the year, we saw no noticeable impact from ChatGPT on our new account growth, and we were meeting expectations on new sign-ups. However, since March, we saw a significant spike in student interest in ChatGPT. We now believe it's having an impact on our new customer growth.</em></blockquote><p>The comments seemed to be the first time a company revealed that ChatGPT was having a major impact on its growth, and Wall Street was quick to reassess Chegg stock, a sign that there are likely to be more stock market victims of the new technology.</p><p style=\"text-align: start;\">Let's take a look at three other stocks that are potentially in ChatGPT's firing line.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6fcb877fd5fbd20ffe004830b03a77bb\" alt=\"IMAGE SOURCE: GETTY IMAGES.\" title=\"IMAGE SOURCE: GETTY IMAGES.\" tg-width=\"700\" tg-height=\"466\"/><span>IMAGE SOURCE: GETTY IMAGES.</span></p><h2 style=\"text-align: start;\">1. Alphabet</h2><p style=\"text-align: start;\">It's no secret that ChatGPT has its sights set on <strong>Alphabet's </strong>Google Search.</p><p style=\"text-align: start;\"><strong>Microsoft,</strong> which has invested an estimated $13 billion in OpenAI, has already rolled out a new version of Bing, featuring ChatGPT-like capabilities, which it said gained market share in the March quarter. According to <em>The New York Times</em>, Alphabet called a "code red" in response to ChatGPT's release as well, and founders Larry Page and Sergey Brin have come out of retirement to pitch in on strategy to help the company fight back against the new threat.</p><p>The tech giant has launched its own AI-powered chatbot called Bard. However, public opinion seems to have cast it as an also-ran next to ChatGPT. Alphabet CEO Sundar Pichai has said a better large language model (LLM) was coming to Bard to improve its results, admitting of Bard's launch, "I feel like we took a souped-up Civic and kind of put it in a race with more powerful cars."</p><p style=\"text-align: start;\">While much of the investor attention has been focused on the new battle between Google and Bing in search, it's worth recognizing that ChatGPT is, in and of itself, a direct threat to Google, as it can give clear answers for many of Google's most popular search verticals like recipes, travel itineraries, home improvement tips, and medical advice.</p><p>Alphabet's first-quarter earnings report didn't give any indication that it was losing market share to Bing or ChatGPT, but the threat from the new chatbot is clear, as Alphabet's own response makes evident.</p><h2 style=\"text-align: start;\">2. LegalZoom</h2><p style=\"text-align: start;\">Of the many industries under threat from ChatGPT and generative AI, the legal industry seems to be one of the biggest.</p><p style=\"text-align: start;\">Already, some pundits are forecasting significant disruptions in the legal industry, especially in areas like contracts and research, as the chatbot can write and assist with legal contracts and can digest large amounts of information and summarize it clearly for a legal brief. ChatGPT has also passed the bar exam, showing it has the knowledge and understanding necessary to be a lawyer.</p><p>If the generative AI tech gains adoption inside the legal industry or with those who would typically pay for help with a contract or a small legal matter, one company at risk is <strong>LegalZoom</strong>, a tech platform that helps people with low-level legal matters like business formations, estate planning, patent applications, and others.</p><p>LegalZoom hasn't yet reported first-quarter earnings, but the market seems to believe that the news from Chegg could hold implications for it, as the stock fell as much as 8% on Tuesday, even though there was no related news.</p><h2 style=\"text-align: start;\">3. Duolingo</h2><p style=\"text-align: start;\">Another education stock that could get steamrolled by ChatGPT is <strong>Duolingo</strong>, the popular language-learning app. </p><p>Some language learners have raved about ChatGPT's capabilities, as the AI technology can guide users in areas like vocabulary, grammar, conversation, and reading comprehension.</p><p style=\"text-align: start;\">Seemingly aware of the threat from ChatGPT, Duolingo has already integrated the GPT-4 LLM into its new program, Duolingo Max, a subscription tier above Super Duolingo. Duolingo also said it's been working closely with OpenAI for months on the product, which launched in March.</p><p style=\"text-align: start;\">Like most other service providers threatened by ChatGPT, the test for Duolingo will be if customers prefer to pay it for a neatly packaged product featuring ChatGPT technology, or if they'd rather go straight to the source and learn directly from ChatGPT for free, which could require more work from the user. </p><p>Duolingo is also set to report earnings next week, and like LegalZoom, investors seem to fear it could be exposed to the same risk as Chegg, as the stock fell as much as 10% on Tuesday.</p><p style=\"text-align: start;\">As the market's response to the Chegg update shows, the fallout from the impact of the new AI chatbot is likely only just beginning. Investors should be wary of these three stocks and any others already threatened by the new generative AI. </p><p></p><p></p><p></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>ChatGPT Just Crushed Chegg Stock. These 3 Companies Could Be Next</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\">\nChatGPT Just Crushed Chegg Stock. These 3 Companies Could Be Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-03 08:31 GMT+8 <a href=https://www.fool.com/investing/2023/05/02/chatgpt-just-crushed-chegg-these-3-stocks-could-be/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSChegg shares fell roughly 50% on news that it was being disrupted by the new AI chatbot.This appears to be the first large-scale sell-off in response to the ChatGPT disruption.The move holds...</p>\n\n<a href=\"https://www.fool.com/investing/2023/05/02/chatgpt-just-crushed-chegg-these-3-stocks-could-be/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","DUOL":"多邻国","LZ":"LegalZoom.com, Inc","GOOGL":"谷歌A","CHGG":"Chegg Inc"},"source_url":"https://www.fool.com/investing/2023/05/02/chatgpt-just-crushed-chegg-these-3-stocks-could-be/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163848198","content_text":"KEY POINTSChegg shares fell roughly 50% on news that it was being disrupted by the new AI chatbot.This appears to be the first large-scale sell-off in response to the ChatGPT disruption.The move holds significant implications for a wide range of industries, including law and education.ChatGPT has claimed its first scalp.Shares of Chegg were cut in half Tuesday after the education technology company known for renting textbooks and helping students with their homework said new user growth ran into a wall due to OpenAI's new chatbot.On the earnings call, Chegg CEO Dan Rosensweig said:In the first part of the year, we saw no noticeable impact from ChatGPT on our new account growth, and we were meeting expectations on new sign-ups. However, since March, we saw a significant spike in student interest in ChatGPT. We now believe it's having an impact on our new customer growth.The comments seemed to be the first time a company revealed that ChatGPT was having a major impact on its growth, and Wall Street was quick to reassess Chegg stock, a sign that there are likely to be more stock market victims of the new technology.Let's take a look at three other stocks that are potentially in ChatGPT's firing line.IMAGE SOURCE: GETTY IMAGES.1. AlphabetIt's no secret that ChatGPT has its sights set on Alphabet's Google Search.Microsoft, which has invested an estimated $13 billion in OpenAI, has already rolled out a new version of Bing, featuring ChatGPT-like capabilities, which it said gained market share in the March quarter. According to The New York Times, Alphabet called a \"code red\" in response to ChatGPT's release as well, and founders Larry Page and Sergey Brin have come out of retirement to pitch in on strategy to help the company fight back against the new threat.The tech giant has launched its own AI-powered chatbot called Bard. However, public opinion seems to have cast it as an also-ran next to ChatGPT. Alphabet CEO Sundar Pichai has said a better large language model (LLM) was coming to Bard to improve its results, admitting of Bard's launch, \"I feel like we took a souped-up Civic and kind of put it in a race with more powerful cars.\"While much of the investor attention has been focused on the new battle between Google and Bing in search, it's worth recognizing that ChatGPT is, in and of itself, a direct threat to Google, as it can give clear answers for many of Google's most popular search verticals like recipes, travel itineraries, home improvement tips, and medical advice.Alphabet's first-quarter earnings report didn't give any indication that it was losing market share to Bing or ChatGPT, but the threat from the new chatbot is clear, as Alphabet's own response makes evident.2. LegalZoomOf the many industries under threat from ChatGPT and generative AI, the legal industry seems to be one of the biggest.Already, some pundits are forecasting significant disruptions in the legal industry, especially in areas like contracts and research, as the chatbot can write and assist with legal contracts and can digest large amounts of information and summarize it clearly for a legal brief. ChatGPT has also passed the bar exam, showing it has the knowledge and understanding necessary to be a lawyer.If the generative AI tech gains adoption inside the legal industry or with those who would typically pay for help with a contract or a small legal matter, one company at risk is LegalZoom, a tech platform that helps people with low-level legal matters like business formations, estate planning, patent applications, and others.LegalZoom hasn't yet reported first-quarter earnings, but the market seems to believe that the news from Chegg could hold implications for it, as the stock fell as much as 8% on Tuesday, even though there was no related news.3. DuolingoAnother education stock that could get steamrolled by ChatGPT is Duolingo, the popular language-learning app. Some language learners have raved about ChatGPT's capabilities, as the AI technology can guide users in areas like vocabulary, grammar, conversation, and reading comprehension.Seemingly aware of the threat from ChatGPT, Duolingo has already integrated the GPT-4 LLM into its new program, Duolingo Max, a subscription tier above Super Duolingo. Duolingo also said it's been working closely with OpenAI for months on the product, which launched in March.Like most other service providers threatened by ChatGPT, the test for Duolingo will be if customers prefer to pay it for a neatly packaged product featuring ChatGPT technology, or if they'd rather go straight to the source and learn directly from ChatGPT for free, which could require more work from the user. Duolingo is also set to report earnings next week, and like LegalZoom, investors seem to fear it could be exposed to the same risk as Chegg, as the stock fell as much as 10% on Tuesday.As the market's response to the Chegg update shows, the fallout from the impact of the new AI chatbot is likely only just beginning. Investors should be wary of these three stocks and any others already threatened by the new generative AI.","news_type":1},"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941578808,"gmtCreate":1680497245105,"gmtModify":1680497249110,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941578808","repostId":"1145499771","repostType":2,"repost":{"id":"1145499771","pubTimestamp":1680493500,"share":"https://www.laohu8.com/m/news/1145499771?lang=&edition=full","pubTime":"2023-04-03 11:45","market":"fut","language":"en","title":"OPEC Cuts Nearly 1.2 Million Barrels Per Day, WTI Oil Surges Higher: Winners And Losers","url":"https://stock-news.laohu8.com/highlight/detail?id=1145499771","media":"Seeking Alpha","summary":"SummaryOPEC+ shocked markets by announcing a surprise cut of nearly 1.2 million barrels per day.The ","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>OPEC+ shocked markets by announcing a surprise cut of nearly 1.2 million barrels per day.</p></li><li><p>The motive? Profit. While paying lip service to recession risk, the move is designed to restrict the supply of oil before the busy summer travel season.</p></li><li><p>This comes amidst an ongoing chess match between the Biden administration and the Kingdom of Saudi Arabia.</p></li><li><p>A Financial Times report suggests that the Biden administration angered Saudi Arabia by declining to refill the Strategic Petroleum Reserve when crude oil prices were low, so the Saudis decided to get some payback.</p></li><li><p>Oil prices are up 7% in the Asian session as of my writing this. We break down the winners and losers from the surprise move.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3f2b3a8896a09d4b0dd0a2c5b816c49\" title=\"graphmaster/E+ via Getty Images\" tg-width=\"750\" tg-height=\"563\"/><span>graphmaster/E+ via Getty Images</span></p><p>Over the weekend, OPEC+ roiled markets with production cuts of over 1 million barrels per day. Led by Saudi Arabia, the move is designed to take roughly 1% of global oil production offline before the busy summer travel season. This follows a Goldman Sachs report last month that oil could top $107 per barrel by year-end. After the failure of Silicon Valley Bank, oil markets had plunged on widespread recession fears. But after a week of no new bad news in banking, the move sends a message to traders that if the US somehow escapes recession, a new inflation surge could be on the horizon with the Saudis signaling an attempt at cornering a large part of the oil market. WTI Crude oil is up about 7% to $81 as of my writing this on Sunday night.</p><h2 style=\"text-align: left;\">Winner: Warren Buffett</h2><p style=\"text-align: left;\">Warren Buffett made headlines for a series of purchases in shares of Occidental Petroleum (OXY) during the March panic. These now look extraordinarily well timed. <em>Bloomberg</em> reported that Buffett bought over $800 million in OXY shares during the March panic. With oil prices set to rocket higher again, Buffett is now looking at a paper profit in the nine-figure range. Not bad work if you can get it! Other big oil companies like Exxon Mobil (XOM), Chevron (CVX), ConocoPhillips (COP), and EOG Resources (EOG) are likely to rally off the news.</p><h2 style=\"text-align: left;\">Winner: Saudi Arabia</h2><p style=\"text-align: left;\">The surprise move to cut production comes after OPEC+ delegates this week signaled that they weren't likely to cut production. Of course, they then followed this up with big cuts to production less than 72 hours later. <em>Financial Times</em> reported that the Biden administration had previously promised the Saudis that they would refill the US Strategic Petroleum Reserve if prices fell into the 60s, but reneged on the promise. This apparently ticked the Saudis off quite a bit.</p><p style=\"text-align: left;\">From a purely game theory perspective, the Biden admin's gambit might have worked if the Saudis were unable to rally OPEC+ members to cut production in a short period of time. However, everyone on their end seems aligned and they were able to jam through the production cuts they wanted.</p><p style=\"text-align: left;\">This comes after a series of diplomatic incidents between the United States and the Kingdom of Saudi Arabia. For better or worse, gas prices serve as a report card on whoever is in office in the US for millions of voters. High gas prices stoke discontent, while low gas prices tend to favor the status quo. Historically, Saudi Arabia has shown a strong tendency to exploit voter tendencies in the US by raising and lowering production. That's why there's a long history of apparent deals to raise or lower oil prices before US elections. Politics led to the OPEC oil embargos in the 1970s that caused gas shortages in the US. This time around, an NYT report stated that the Saudis reportedly duped the Biden admin, cutting production right before the 2022 midterms after supposedly promising not to in a July 2022 presidential visit to Saudi Arabia.</p><p style=\"text-align: left;\">In contrast to most of continental Europe, Japan, and a few other first-world countries that lack oil significant resources of their own, the US economy at large is more or less neutral on oil. Higher oil prices mean more profits for producers but less money in consumers' pockets. But for the Biden admin's perception among voters, higher gas prices are an unmitigated negative. The US economy could still come out OK with this if domestic production increases and takes market share from OPEC. But then there's always the threat that the Saudis turn around and flood the market with oil later, as they have repeatedly done in the past. The US called the most recent move by the Saudis and OPEC "inadvisable." Messy stuff.</p><p style=\"text-align: left;\">Saudi Arabia looks like the winner here, and implicitly, for them to win means the Biden admin loses.</p><h2 style=\"text-align: left;\">Winner: EV Manufacturers</h2><p style=\"text-align: left;\">If gas prices face a continued spike, Tesla (TSLA) and other manufacturers are likely to see increased consumer interest in their products. In contrast, manufacturers that sell a lot of luxury SUVs and pickups are likely to see softer sales, especially in the face of a double whammy of higher rates and higher gas prices. Legacy manufacturers that produce both EV cars and ICE cars are likely to see fewer effects.</p><p style=\"text-align: left;\">The EV stock picture is more complicated because so many EV stocks carry absurd valuations– i.e. Tesla going up nearly 100% this year against declining earnings estimates. For their underlying businesses, however, high oil prices will be good.</p><h2 style=\"text-align: left;\">Loser: Airlines</h2><p style=\"text-align: left;\">Higher oil prices are toxic to airlines, which are counting on a big summer travel season to recoup losses from the pandemic and re-establish their financial position. The exact impact will depend on how long oil prices stay high, and whether the airline in question is partially or fully hedged for fuel. Airlines disclose fuel hedges in their public 10-Q filings, so that's the place to look for updated news. Recent headlines have shown that at least a few airlines have pared back hedging fuel in hopes that prices would fall further. It's worth monitoring trading American Airlines (AAL), JetBlue (JBLU), and Southwest Airlines (LUV) early this week to gauge the market reaction.</p><h2 style=\"text-align: left;\">Loser: Soft Landing Hopes</h2><p style=\"text-align: left;\">With heightened uncertainty over both growth and inflation, higher oil prices are the last thing the US and global economy need now. In the US, the most severe economic weakness so far is being seen in California, as evidenced by bank failures, rapidly falling property prices, and population outflows. Californians have long commutes, typically face the second-highest gas prices in the country behind Hawaii, and are seeing more pressure due to rising interest rates than less indebted peers. Higher gas prices are going to put a lot of pressure on the middle class there, and on the West Coast more broadly.</p><p style=\"text-align: left;\">The US is a bit of an outlier globally in terms of sensitivity to gas prices. Salaries are generally high, while fuel is cheap. Emerging markets are the worst in terms of sensitivity to higher energy prices, while Europe also is likely to be sharply affected due to the supply issues they were already having with energy due to the war. In general, higher oil prices are bad for hopes of lower inflation and higher growth.</p><h2 style=\"text-align: left;\">Bottom Line</h2><p style=\"text-align: left;\">While I get that bulls are excited stocks have rallied sharply, there's a lack of breadth in the market, with obnoxious speculative stocks up 50% to 100% this year, while the average stock is flat to down. The surprise cuts from OPEC+ are a reminder that inflation is far from conquered, while growth issues remain. The market likely will not be able to have it both ways. While we could see inflation fall sharply in a recession, the OPEC+ cuts virtually guarantee that if we don't get a recession in the near future, inflation is going to continue to be a significant problem.</p><p style=\"text-align: left;\">Editor's Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.</p><p><a href=\"https://ttm.financial/NW/1126208396\" title=\"Also Read: Oil Prices Surge In Asia Trade Following Surprise OPEC+ Production Cut: These ETFs Could Draw Interest\" target=\"_blank\">Also Read: Oil Prices Surge In Asia Trade Following Surprise OPEC+ Production Cut: These ETFs Could Draw Interest</a></p></body></html>","source":"seekingalpha","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>OPEC Cuts Nearly 1.2 Million Barrels Per Day, WTI Oil Surges Higher: Winners And Losers</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\">\nOPEC Cuts Nearly 1.2 Million Barrels Per Day, WTI Oil Surges Higher: Winners And Losers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-03 11:45 GMT+8 <a href=https://seekingalpha.com/article/4591790-opec-cuts-wti-oil-surges-higher-winners-losers><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryOPEC+ shocked markets by announcing a surprise cut of nearly 1.2 million barrels per day.The motive? Profit. While paying lip service to recession risk, the move is designed to restrict the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4591790-opec-cuts-wti-oil-surges-higher-winners-losers\">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://seekingalpha.com/article/4591790-opec-cuts-wti-oil-surges-higher-winners-losers","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1145499771","content_text":"SummaryOPEC+ shocked markets by announcing a surprise cut of nearly 1.2 million barrels per day.The motive? Profit. While paying lip service to recession risk, the move is designed to restrict the supply of oil before the busy summer travel season.This comes amidst an ongoing chess match between the Biden administration and the Kingdom of Saudi Arabia.A Financial Times report suggests that the Biden administration angered Saudi Arabia by declining to refill the Strategic Petroleum Reserve when crude oil prices were low, so the Saudis decided to get some payback.Oil prices are up 7% in the Asian session as of my writing this. We break down the winners and losers from the surprise move.graphmaster/E+ via Getty ImagesOver the weekend, OPEC+ roiled markets with production cuts of over 1 million barrels per day. Led by Saudi Arabia, the move is designed to take roughly 1% of global oil production offline before the busy summer travel season. This follows a Goldman Sachs report last month that oil could top $107 per barrel by year-end. After the failure of Silicon Valley Bank, oil markets had plunged on widespread recession fears. But after a week of no new bad news in banking, the move sends a message to traders that if the US somehow escapes recession, a new inflation surge could be on the horizon with the Saudis signaling an attempt at cornering a large part of the oil market. WTI Crude oil is up about 7% to $81 as of my writing this on Sunday night.Winner: Warren BuffettWarren Buffett made headlines for a series of purchases in shares of Occidental Petroleum (OXY) during the March panic. These now look extraordinarily well timed. Bloomberg reported that Buffett bought over $800 million in OXY shares during the March panic. With oil prices set to rocket higher again, Buffett is now looking at a paper profit in the nine-figure range. Not bad work if you can get it! Other big oil companies like Exxon Mobil (XOM), Chevron (CVX), ConocoPhillips (COP), and EOG Resources (EOG) are likely to rally off the news.Winner: Saudi ArabiaThe surprise move to cut production comes after OPEC+ delegates this week signaled that they weren't likely to cut production. Of course, they then followed this up with big cuts to production less than 72 hours later. Financial Times reported that the Biden administration had previously promised the Saudis that they would refill the US Strategic Petroleum Reserve if prices fell into the 60s, but reneged on the promise. This apparently ticked the Saudis off quite a bit.From a purely game theory perspective, the Biden admin's gambit might have worked if the Saudis were unable to rally OPEC+ members to cut production in a short period of time. However, everyone on their end seems aligned and they were able to jam through the production cuts they wanted.This comes after a series of diplomatic incidents between the United States and the Kingdom of Saudi Arabia. For better or worse, gas prices serve as a report card on whoever is in office in the US for millions of voters. High gas prices stoke discontent, while low gas prices tend to favor the status quo. Historically, Saudi Arabia has shown a strong tendency to exploit voter tendencies in the US by raising and lowering production. That's why there's a long history of apparent deals to raise or lower oil prices before US elections. Politics led to the OPEC oil embargos in the 1970s that caused gas shortages in the US. This time around, an NYT report stated that the Saudis reportedly duped the Biden admin, cutting production right before the 2022 midterms after supposedly promising not to in a July 2022 presidential visit to Saudi Arabia.In contrast to most of continental Europe, Japan, and a few other first-world countries that lack oil significant resources of their own, the US economy at large is more or less neutral on oil. Higher oil prices mean more profits for producers but less money in consumers' pockets. But for the Biden admin's perception among voters, higher gas prices are an unmitigated negative. The US economy could still come out OK with this if domestic production increases and takes market share from OPEC. But then there's always the threat that the Saudis turn around and flood the market with oil later, as they have repeatedly done in the past. The US called the most recent move by the Saudis and OPEC \"inadvisable.\" Messy stuff.Saudi Arabia looks like the winner here, and implicitly, for them to win means the Biden admin loses.Winner: EV ManufacturersIf gas prices face a continued spike, Tesla (TSLA) and other manufacturers are likely to see increased consumer interest in their products. In contrast, manufacturers that sell a lot of luxury SUVs and pickups are likely to see softer sales, especially in the face of a double whammy of higher rates and higher gas prices. Legacy manufacturers that produce both EV cars and ICE cars are likely to see fewer effects.The EV stock picture is more complicated because so many EV stocks carry absurd valuations– i.e. Tesla going up nearly 100% this year against declining earnings estimates. For their underlying businesses, however, high oil prices will be good.Loser: AirlinesHigher oil prices are toxic to airlines, which are counting on a big summer travel season to recoup losses from the pandemic and re-establish their financial position. The exact impact will depend on how long oil prices stay high, and whether the airline in question is partially or fully hedged for fuel. Airlines disclose fuel hedges in their public 10-Q filings, so that's the place to look for updated news. Recent headlines have shown that at least a few airlines have pared back hedging fuel in hopes that prices would fall further. It's worth monitoring trading American Airlines (AAL), JetBlue (JBLU), and Southwest Airlines (LUV) early this week to gauge the market reaction.Loser: Soft Landing HopesWith heightened uncertainty over both growth and inflation, higher oil prices are the last thing the US and global economy need now. In the US, the most severe economic weakness so far is being seen in California, as evidenced by bank failures, rapidly falling property prices, and population outflows. Californians have long commutes, typically face the second-highest gas prices in the country behind Hawaii, and are seeing more pressure due to rising interest rates than less indebted peers. Higher gas prices are going to put a lot of pressure on the middle class there, and on the West Coast more broadly.The US is a bit of an outlier globally in terms of sensitivity to gas prices. Salaries are generally high, while fuel is cheap. Emerging markets are the worst in terms of sensitivity to higher energy prices, while Europe also is likely to be sharply affected due to the supply issues they were already having with energy due to the war. In general, higher oil prices are bad for hopes of lower inflation and higher growth.Bottom LineWhile I get that bulls are excited stocks have rallied sharply, there's a lack of breadth in the market, with obnoxious speculative stocks up 50% to 100% this year, while the average stock is flat to down. The surprise cuts from OPEC+ are a reminder that inflation is far from conquered, while growth issues remain. The market likely will not be able to have it both ways. While we could see inflation fall sharply in a recession, the OPEC+ cuts virtually guarantee that if we don't get a recession in the near future, inflation is going to continue to be a significant problem.Editor's Note: This article covers one or more microcap stocks. Please be aware of the risks associated with these stocks.Also Read: Oil Prices Surge In Asia Trade Following Surprise OPEC+ Production Cut: These ETFs Could Draw Interest","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941578198,"gmtCreate":1680497230615,"gmtModify":1680497234091,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941578198","repostId":"2324087350","repostType":2,"repost":{"id":"2324087350","pubTimestamp":1680474974,"share":"https://www.laohu8.com/m/news/2324087350?lang=&edition=full","pubTime":"2023-04-03 06:36","market":"us","language":"en","title":"Tesla Deliveries Rise to Record After Slashing Prices on EVs","url":"https://stock-news.laohu8.com/highlight/detail?id=2324087350","media":"Bloomberg","summary":"Tesla cut prices across its lineup in January to boost salesTesla will have to pick up the pace for ","content":"<html><head></head><body><ul><li><p>Tesla cut prices across its lineup in January to boost sales</p></li><li><p>Tesla will have to pick up the pace for deliveries: Munster</p></li></ul><p>Tesla Inc. delivered 422,875 cars worldwide in the first quarter, setting a record after it cut prices to appeal to consumers buffetted by rising interest rates and faster inflation.</p><p style=\"text-align: start;\">The results, posted Sunday, compare with the 421,164 vehicles analysts surveyed by Bloomberg had expected would be shipped.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e49006a4dcd53afd6e1843ef301ac47c\" tg-width=\"950\" tg-height=\"551\"/></p><p></p><p>Austin, Texas-based Tesla has led the auto industry into battery powered cars. The company produced 440,808 vehicles during the quarter, more than the 432,513 analysts expected. On the last earnings call, Chief Executive Officer Elon Musk said Tesla aims to make 1.8 million to 2 million vehicles this year. </p><p style=\"text-align: start;\">“Tesla deliveries were inline with the consensus numbers, but it was a disappointment relative to some of the whisper numbers,” said Gene Munster, managing partner of Deepwater Asset Management. “They grew deliveries 36% from a year ago, but Musk’s comment on the last earnings call was for 50% delivery growth. They will have to pick up the pace for deliveries for the rest of the year.”</p><p>Tesla doesn’t break out sales by region, but the US and China are its largest markets. The overwhelming majority of sales were of the Model 3 sedan and Y crossover. </p><p>Tesla slashed prices early in the year to boost demand after fourth-quarter deliveries disappointed investors.</p><p style=\"text-align: start;\">“With everything going on in the macro environment, these are very good numbers,” said Ben Kallo of Robert W. Baird. “There are a lot of different consensus figures out there. People will switch very quickly from this number to talking about what the margins will be for the first quarter. There’s been a lot of focus on price cuts hurting margins.”</p><p>The company makes the Model S, X, 3 and Y models in Fremont, California. Its Shanghai factory produces the Model 3 and Y. Tesla also makes the Model Y at its plants in Austin and Berlin.</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>Tesla Deliveries Rise to Record After Slashing Prices on EVs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Deliveries Rise to Record After Slashing Prices on EVs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-03 06:36 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-04-02/tesla-tsla-deliveries-rise-to-record-after-slashing-ev-prices><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla cut prices across its lineup in January to boost salesTesla will have to pick up the pace for deliveries: MunsterTesla Inc. delivered 422,875 cars worldwide in the first quarter, setting a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-04-02/tesla-tsla-deliveries-rise-to-record-after-slashing-ev-prices\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4548":"巴美列捷福持仓","TSLA":"特斯拉","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A(离岸)美元","LU0823411888.USD":"法巴消费创新基金 Cap","BK4585":"ETF&股票定投概念","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0082616367.USD":"摩根大通美国科技A(dist)","BK4534":"瑞士信贷持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4555":"新能源车","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4527":"明星科技股","LU2063271972.USD":"富兰克林创新领域基金","LU1861215975.USD":"贝莱德新一代科技基金 A2","BK4588":"碎股","BK4550":"红杉资本持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0823414478.USD":"法巴经典能源转换基金","BK4574":"无人驾驶","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","BK4551":"寇图资本持仓","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4581":"高盛持仓"},"source_url":"https://www.bloomberg.com/news/articles/2023-04-02/tesla-tsla-deliveries-rise-to-record-after-slashing-ev-prices","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324087350","content_text":"Tesla cut prices across its lineup in January to boost salesTesla will have to pick up the pace for deliveries: MunsterTesla Inc. delivered 422,875 cars worldwide in the first quarter, setting a record after it cut prices to appeal to consumers buffetted by rising interest rates and faster inflation.The results, posted Sunday, compare with the 421,164 vehicles analysts surveyed by Bloomberg had expected would be shipped.Austin, Texas-based Tesla has led the auto industry into battery powered cars. The company produced 440,808 vehicles during the quarter, more than the 432,513 analysts expected. On the last earnings call, Chief Executive Officer Elon Musk said Tesla aims to make 1.8 million to 2 million vehicles this year. “Tesla deliveries were inline with the consensus numbers, but it was a disappointment relative to some of the whisper numbers,” said Gene Munster, managing partner of Deepwater Asset Management. “They grew deliveries 36% from a year ago, but Musk’s comment on the last earnings call was for 50% delivery growth. They will have to pick up the pace for deliveries for the rest of the year.”Tesla doesn’t break out sales by region, but the US and China are its largest markets. The overwhelming majority of sales were of the Model 3 sedan and Y crossover. Tesla slashed prices early in the year to boost demand after fourth-quarter deliveries disappointed investors.“With everything going on in the macro environment, these are very good numbers,” said Ben Kallo of Robert W. Baird. “There are a lot of different consensus figures out there. People will switch very quickly from this number to talking about what the margins will be for the first quarter. There’s been a lot of focus on price cuts hurting margins.”The company makes the Model S, X, 3 and Y models in Fremont, California. Its Shanghai factory produces the Model 3 and Y. Tesla also makes the Model Y at its plants in Austin and Berlin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941647425,"gmtCreate":1680234873270,"gmtModify":1680234877049,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941647425","repostId":"1112288458","repostType":4,"repost":{"id":"1112288458","pubTimestamp":1680231503,"share":"https://www.laohu8.com/m/news/1112288458?lang=&edition=full","pubTime":"2023-03-31 10:58","market":"hk","language":"en","title":"Alibaba, JD.com Lead Tech Winners: Hong Kong Stocks Log Best Run Since January","url":"https://stock-news.laohu8.com/highlight/detail?id=1112288458","media":"South China Morning Post","summary":"Official data showed Chinese manufacturing expanded in March, beating market consensus; services ind","content":"<html><head></head><body><ul><li><p>Official data showed Chinese manufacturing expanded in March, beating market consensus; services index accelerated this month</p></li><li><p>Upbeat sentiment around Alibaba Group’s business reorganisation continues to fuel a rally among Chinese tech peers</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df38396215c39013acc369dfe1053dfb\" alt=\"A man uses his phone in A man uses his phone in front of a screen displaying the Hang Seng Index in March 2022. Photo: AFPfront of a screen displaying the Hang Seng Index in March 2022. Photo: AFP\" title=\"A man uses his phone in A man uses his phone in front of a screen displaying the Hang Seng Index in March 2022. Photo: AFPfront of a screen displaying the Hang Seng Index in March 2022. Photo: AFP\" tg-width=\"1098\" tg-height=\"732\"/><span>A man uses his phone in A man uses his phone in front of a screen displaying the Hang Seng Index in March 2022. Photo: AFPfront of a screen displaying the Hang Seng Index in March 2022. Photo: AFP</span></p><p>Hong Kong stocks were headed for a third straight week of gains after a government report showed manufacturing in China grew more than expected, underpinning bets on recovery momentum. Alibaba Group logged its best week in three months.</p><p>The Hang Seng rose 1.1 per cent to 20,535.12 at 10.55am local time, taking the advance this week to 3.6 per cent. The Tech Index jumped 0.8 per cent while the Shanghai Composite added 0.3 per cent.</p><p>Alibaba strengthened 4 per cent to HK$100.80 and JD.com surged 6.8 per cent to HK$174.30 while Meituan rose 3 per cent to HK$146.20. Tencent gained 0.7 per cent to HK$387.80. EV maker BYD climbed 2.2 per cent to HK$230.20.</p><p>China’s official PMI manufacturing index dropped to 51.9 in March versus 52.6 in February, the statistics bureau said in Beijing on Friday. Still, the reading exceeded the median forecast of 51.5 among economists tracked by Bloomberg. The services index rose to 58.2 from 56.3, versus consensus of 55. Readings above 50 indicate expansion.</p><p>The Hang Seng has risen 6.5 per cent in a three-week surge in the market’s best winning streak since January.</p><p>Alibaba, the owner of this newspaper, has rallied 20 per cent this week, the most since the week ending January 6. Investors chased the stock after its March 28 plan to split the tech empire into six key operating units as co-founder Jack Ma returned to mainland China. The developments boosted the group’s market value by US$45 billion in Hong Kong and New York combined.</p><p>Two companies started trading today. X-ray technology company Wuxi Unicomp Technology surged 36 per cent to 207 yuan in Shanghai. Plastic manufacturer China Treasures New Materials fell 39 per cent to HK$0.64 in Hong Kong, while digital marketing service provider Powerwin Tech Group added 10 per cent to HK$0.77.</p><p>Elsewhere, key Asian markets advanced. Japan’s Nikkei 225 Index added 0.9 per cent, Australia’s S&P ASX 200 gained 0.7 per cent while South Korea’s Kospi Index rose 0.9 per cent.</p></body></html>","source":"lsy1600132093512","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>Alibaba, JD.com Lead Tech Winners: Hong Kong Stocks Log Best Run Since January</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\">\nAlibaba, JD.com Lead Tech Winners: Hong Kong Stocks Log Best Run Since January\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-31 10:58 GMT+8 <a href=https://www.scmp.com/business/china-business/article/3215492/hong-kong-stocks-log-best-run-january-china-manufacturing-surprise-alibaba-jdcom-lead-tech-winners><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Official data showed Chinese manufacturing expanded in March, beating market consensus; services index accelerated this monthUpbeat sentiment around Alibaba Group’s business reorganisation continues ...</p>\n\n<a href=\"https://www.scmp.com/business/china-business/article/3215492/hong-kong-stocks-log-best-run-january-china-manufacturing-surprise-alibaba-jdcom-lead-tech-winners\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCEI":"国企指数","HSI":"恒生指数","HSTECH":"恒生科技指数"},"source_url":"https://www.scmp.com/business/china-business/article/3215492/hong-kong-stocks-log-best-run-january-china-manufacturing-surprise-alibaba-jdcom-lead-tech-winners","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112288458","content_text":"Official data showed Chinese manufacturing expanded in March, beating market consensus; services index accelerated this monthUpbeat sentiment around Alibaba Group’s business reorganisation continues to fuel a rally among Chinese tech peersA man uses his phone in A man uses his phone in front of a screen displaying the Hang Seng Index in March 2022. Photo: AFPfront of a screen displaying the Hang Seng Index in March 2022. Photo: AFPHong Kong stocks were headed for a third straight week of gains after a government report showed manufacturing in China grew more than expected, underpinning bets on recovery momentum. Alibaba Group logged its best week in three months.The Hang Seng rose 1.1 per cent to 20,535.12 at 10.55am local time, taking the advance this week to 3.6 per cent. The Tech Index jumped 0.8 per cent while the Shanghai Composite added 0.3 per cent.Alibaba strengthened 4 per cent to HK$100.80 and JD.com surged 6.8 per cent to HK$174.30 while Meituan rose 3 per cent to HK$146.20. Tencent gained 0.7 per cent to HK$387.80. EV maker BYD climbed 2.2 per cent to HK$230.20.China’s official PMI manufacturing index dropped to 51.9 in March versus 52.6 in February, the statistics bureau said in Beijing on Friday. Still, the reading exceeded the median forecast of 51.5 among economists tracked by Bloomberg. The services index rose to 58.2 from 56.3, versus consensus of 55. Readings above 50 indicate expansion.The Hang Seng has risen 6.5 per cent in a three-week surge in the market’s best winning streak since January.Alibaba, the owner of this newspaper, has rallied 20 per cent this week, the most since the week ending January 6. Investors chased the stock after its March 28 plan to split the tech empire into six key operating units as co-founder Jack Ma returned to mainland China. The developments boosted the group’s market value by US$45 billion in Hong Kong and New York combined.Two companies started trading today. X-ray technology company Wuxi Unicomp Technology surged 36 per cent to 207 yuan in Shanghai. Plastic manufacturer China Treasures New Materials fell 39 per cent to HK$0.64 in Hong Kong, while digital marketing service provider Powerwin Tech Group added 10 per cent to HK$0.77.Elsewhere, key Asian markets advanced. Japan’s Nikkei 225 Index added 0.9 per cent, Australia’s S&P ASX 200 gained 0.7 per cent while South Korea’s Kospi Index rose 0.9 per cent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941625850,"gmtCreate":1680217307671,"gmtModify":1680217311308,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941625850","repostId":"2323760998","repostType":2,"repost":{"id":"2323760998","pubTimestamp":1680191381,"share":"https://www.laohu8.com/m/news/2323760998?lang=&edition=full","pubTime":"2023-03-30 23:49","market":"us","language":"en","title":"The 3 Best Stocks to Buy if We Enter a New Bull Market Soon","url":"https://stock-news.laohu8.com/highlight/detail?id=2323760998","media":"InvestorPlace","summary":"With multiple U.S. indices putting in a series of higher highs, many investors are thinking about th","content":"<html><head></head><body><ul><li><p>With multiple U.S. indices putting in a series of higher highs, many investors are thinking about the end of a bear market. There are three companies that show signs of being the best stocks for a bull market.</p></li><li><p><a href=\"https://laohu8.com/S/DIS\">Disney </a>: Its streaming portfolio, parks and other segments should recover nicely and help power it higher in the next bull market.</p></li><li><p><a href=\"https://laohu8.com/S/TSLA\">Tesla </a>: The company will benefit from a “risk-on” environment and when the consumer is strong again.</p></li><li><p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a>: Stock has hardly recovered from its painful fall, yet still has a good business. The stock needs a better environment.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dfabd4a8fcc86056eb11d543c1e8d6d1\" tg-width=\"768\" tg-height=\"432\"/></p><p>Source: Zeedign.com / Shutterstock</p><p>The <strong>Nasdaq</strong> is trying to break out to new monthly highs, while multiple U.S. indices are putting in a series of higher highs. It’s got investors thinking about the end of the bear market. Ultimately, it’s got investors looking at the best stocks for a bull market.</p><p>To some extent, investing is often about preparation. It’s helpful to devise multiple scenarios so we know how to react. In that event, we can be ready for multiple outcomes depending on how things pan out.</p><p>Case in point, we don’t know if the current bear market is ending now or when it will ultimately do so. Sure, the stock market has performed pretty darn well in the first quarter of 2023, but there are a lot of mixed signals in the market right now. And admittedly, a recession seems to be barreling toward us.</p><p>I am writing this article on the premise that these stocks are not necessarily ones to buy right here, right now. Rather, I’m looking for names that I want to buy on pullbacks or upon the realization that we are truly entering a new bull market. I understand that different investors have different definitions of when that turn will be official.</p><p>That said, I want to be prepared for when we enter a new bull market, because we <em>will</em> at some point. Let’s look at the best stocks for a bull market.</p><h2><a href=\"https://laohu8.com/S/DIS\">Walt Disney </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bca731cb168e1ea163fe9648c5aea426\" tg-width=\"300\" tg-height=\"169\"/></p><p>Source: Shutterstock</p><p><strong>Disney</strong> sure seems to be trading like there’s a recession on the horizon. For long-term buyers stalking Disney stock for a position, this is good news. A 12% pullback from current levels would send Disney down to new 52-week lows. A trip down to about $80 (a decline of about 16.5%) would send shares back down to the 2020 Covid-19 low.</p><p>It’s possible that we see those prices or worse in the coming weeks or months. But let me tell you something: Once the economy bottoms and begins to rebound, and once the bull market is underway, Disney is going to be a name you’ll want to own for quite some time.</p><p>Not only does it have powerful travel, studio and experiences businesses, but it has grown its digital streaming business into a real powerhouse. Combined, it’s not crazy to assume that Disney will eventually regain its all-time high near $200.</p><p>Just for some perspective, from current levels, Disney stock would gain more than 100% if and when it takes out that high, which I believe it will do in the next bull market.</p><h2><a href=\"https://laohu8.com/S/TSLA\">Tesla </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/562dad9d372838735dd5f12923c2e9e1\" tg-width=\"300\" tg-height=\"169\"/></p><p>Source: Zigres / Shutterstock.com</p><p><strong>Tesla</strong> (NASDAQ:<strong>TSLA</strong>) stock has been trading much better so far this year. Within the first week of 2023, Tesla stock bottomed and it then more than doubled off the low. If we enter a deep recession, both in the U.S. and/or globally, that’s going to weigh on Tesla’s business.</p><p>After all, the company is an automaker and as consumer spending power comes under pressure so too will Tesla’s revenue. That said, once the economy fires back up, Tesla will be there to absorb that increase in consumer spending.</p><p>Not to mention, the company continues to generate very impressive top- and bottom-line growth at the moment, while also generating its own energy revenue.</p><p>I don’t know if Tesla stock will make new lows again or not. The selling pressure going into late-2022 was pretty intense and it has me thinking that, unless we go into a painful tailspin in the stock market and a deeper recession, we may not see the $100 level tested again.</p><p>That said, I do believe Tesla shares will make new highs.</p><h2><a href=\"https://laohu8.com/S/PYPL\">PayPal </a></h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d31459f9b0c14e33810dd1f29612c85a\" tg-width=\"300\" tg-height=\"169\"/></p><p>Source: Michael Vi / Shutterstock.com</p><p>The action in <strong>PayPal</strong> (NASDAQ:<strong>PYPL</strong>) is quite disappointing for bulls. Not only was the stock caught up in a massive selloff, suffering a peak-to-trough decline of 78.6%, but it’s not partaking in the tech-stock rally of 2023!</p><p>Shares are up just 10% from the 52-week low while many names in tech are up several multiples of that. Tesla more than doubled. So did <strong>Nvidia</strong> (NASDAQ:<strong>NVDA</strong>). While PayPal is in a different industry than these names, investors would have liked to see a stronger rebound.</p><p>However, the company has staying power. It’s now forecast to grow revenue and earnings this year and next year, while trading at a reasonable valuation. It now trades at roughly 15 times this year’s earnings forecast. That’s cheap.</p><p>When the market does eventually return to a bull market, I think money will flow back into PayPal. Even if PayPal only regained half of its losses, it would mark a 150% rally from current levels.</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>The 3 Best Stocks to Buy if We Enter a New Bull Market Soon</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 3 Best Stocks to Buy if We Enter a New Bull Market Soon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-30 23:49 GMT+8 <a href=https://investorplace.com/2023/03/the-3-best-stocks-to-buy-if-we-enter-a-new-bull-market-soon/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With multiple U.S. indices putting in a series of higher highs, many investors are thinking about the end of a bear market. There are three companies that show signs of being the best stocks for a ...</p>\n\n<a href=\"https://investorplace.com/2023/03/the-3-best-stocks-to-buy-if-we-enter-a-new-bull-market-soon/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","PYPL":"PayPal","DIS":"迪士尼"},"source_url":"https://investorplace.com/2023/03/the-3-best-stocks-to-buy-if-we-enter-a-new-bull-market-soon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2323760998","content_text":"With multiple U.S. indices putting in a series of higher highs, many investors are thinking about the end of a bear market. There are three companies that show signs of being the best stocks for a bull market.Disney : Its streaming portfolio, parks and other segments should recover nicely and help power it higher in the next bull market.Tesla : The company will benefit from a “risk-on” environment and when the consumer is strong again.PayPal: Stock has hardly recovered from its painful fall, yet still has a good business. The stock needs a better environment.Source: Zeedign.com / ShutterstockThe Nasdaq is trying to break out to new monthly highs, while multiple U.S. indices are putting in a series of higher highs. It’s got investors thinking about the end of the bear market. Ultimately, it’s got investors looking at the best stocks for a bull market.To some extent, investing is often about preparation. It’s helpful to devise multiple scenarios so we know how to react. In that event, we can be ready for multiple outcomes depending on how things pan out.Case in point, we don’t know if the current bear market is ending now or when it will ultimately do so. Sure, the stock market has performed pretty darn well in the first quarter of 2023, but there are a lot of mixed signals in the market right now. And admittedly, a recession seems to be barreling toward us.I am writing this article on the premise that these stocks are not necessarily ones to buy right here, right now. Rather, I’m looking for names that I want to buy on pullbacks or upon the realization that we are truly entering a new bull market. I understand that different investors have different definitions of when that turn will be official.That said, I want to be prepared for when we enter a new bull market, because we will at some point. Let’s look at the best stocks for a bull market.Walt Disney Source: ShutterstockDisney sure seems to be trading like there’s a recession on the horizon. For long-term buyers stalking Disney stock for a position, this is good news. A 12% pullback from current levels would send Disney down to new 52-week lows. A trip down to about $80 (a decline of about 16.5%) would send shares back down to the 2020 Covid-19 low.It’s possible that we see those prices or worse in the coming weeks or months. But let me tell you something: Once the economy bottoms and begins to rebound, and once the bull market is underway, Disney is going to be a name you’ll want to own for quite some time.Not only does it have powerful travel, studio and experiences businesses, but it has grown its digital streaming business into a real powerhouse. Combined, it’s not crazy to assume that Disney will eventually regain its all-time high near $200.Just for some perspective, from current levels, Disney stock would gain more than 100% if and when it takes out that high, which I believe it will do in the next bull market.Tesla Source: Zigres / Shutterstock.comTesla (NASDAQ:TSLA) stock has been trading much better so far this year. Within the first week of 2023, Tesla stock bottomed and it then more than doubled off the low. If we enter a deep recession, both in the U.S. and/or globally, that’s going to weigh on Tesla’s business.After all, the company is an automaker and as consumer spending power comes under pressure so too will Tesla’s revenue. That said, once the economy fires back up, Tesla will be there to absorb that increase in consumer spending.Not to mention, the company continues to generate very impressive top- and bottom-line growth at the moment, while also generating its own energy revenue.I don’t know if Tesla stock will make new lows again or not. The selling pressure going into late-2022 was pretty intense and it has me thinking that, unless we go into a painful tailspin in the stock market and a deeper recession, we may not see the $100 level tested again.That said, I do believe Tesla shares will make new highs.PayPal Source: Michael Vi / Shutterstock.comThe action in PayPal (NASDAQ:PYPL) is quite disappointing for bulls. Not only was the stock caught up in a massive selloff, suffering a peak-to-trough decline of 78.6%, but it’s not partaking in the tech-stock rally of 2023!Shares are up just 10% from the 52-week low while many names in tech are up several multiples of that. Tesla more than doubled. So did Nvidia (NASDAQ:NVDA). While PayPal is in a different industry than these names, investors would have liked to see a stronger rebound.However, the company has staying power. It’s now forecast to grow revenue and earnings this year and next year, while trading at a reasonable valuation. It now trades at roughly 15 times this year’s earnings forecast. That’s cheap.When the market does eventually return to a bull market, I think money will flow back into PayPal. Even if PayPal only regained half of its losses, it would mark a 150% rally from current levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941165882,"gmtCreate":1680061274046,"gmtModify":1680061278112,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Just a lifecycle ","listText":"Just a lifecycle ","text":"Just a lifecycle","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941165882","repostId":"1176079286","repostType":2,"repost":{"id":"1176079286","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1680056727,"share":"https://www.laohu8.com/m/news/1176079286?lang=&edition=full","pubTime":"2023-03-29 10:25","market":"us","language":"en","title":"Micron Just Released an Objectively Horrible Earnings Report. Why Is the Stock Not Falling?","url":"https://stock-news.laohu8.com/highlight/detail?id=1176079286","media":"Dow Jones","summary":"After the biggest loss in the memory-chip company’s history and its worst gross margin since the dot","content":"<html><head></head><body><p>After the biggest loss in the memory-chip company’s history and its worst gross margin since the dot-com bust, investors are betting that Micron has hit bottom</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3034a62dd28d038e4c9b33865e28c453\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Micron Technology Inc. reported the largest quarterly loss in its history Tuesday.</span></p><p>Micron Technology Inc. just reported its worst quarter in history, revealing more than $2 billion in losses in three months and its worst gross margin since the dot-com bust.</p><p>Yet when the extended trading session ended Tuesday, Micron shares were up 1.2%.</p><p>So what the heck just happened?</p><p>The answer to that may actually lie in just how bad the quarter was. As Citi Research analyst Christopher Danely pointed out ahead of the earnings report, the last time Micron’s gross margin was this bad — the chip maker spent more than $1.30 for every $1 worth of product it sold in the most recent quarter — it marked the bottom of a similar swoon during the 2008-’09 financial crisis.</p><p>The horrible numbers suggest that this could be the bottom again, and Micron executives leaned in to that message with their prepared remarks and discussions with analysts. Micron Chief Executive Sanjay Mehrotra said that inventory issues — which have taken flight as electronics manufacturers and other tech companies have stopped buying — “peaked” in the quarter, while taking a $1.43 billion write-down on inventory and predicting another $500 million will need to be written off in the current quarter.</p><p>“We are seeing that customer inventories are improving, while still elevated, but in aggregate, customer inventories are improving,” Mehrotra told analysts. “And we do expect that the volume of shipments both for DRAM [dynamic random access memory] and NAND [flash] will continue to increase on a sequential basis from here on.”</p><p>One of the most important comments from the Micron CEO was about the data-center segment, where Mehrotra said he expects to see revenue growth again in the next fiscal quarter and that customer inventories should reach “relatively healthy levels” by the end of the calendar year.</p><p>Micron did note that market conditions remain “extremely challenging” but that it expects DRAM and bit shipments will continue to increase, and supply demand balance will gradually improve for the rest of this calendar year.</p><p>The memory-chip maker said on the call that the underutilization of its factories was probably at the lowest levels in company history, which prompted one analyst to ask why they were still manufacturing product, if they were writing down such large quantities. Micron’s Chief Financial Officer Mark Murphy said that the company minimized the build of some of its products, which it can finish later, so that it can maximize the cash benefits of reducing some of its manufacturing.</p><p>ISI Evercore analyst C.J. Muse said that the report from Micron was “pretty much as expected,” which just shows that as bad as the earnings report was, Wall Street was prepared. Even so, some semiconductor-industry investors voiced their skepticism on Twitter about Micron executives’ upbeat tone as they reported such horrendous numbers.</p><p>Fred Hickey, editor of the High Tech Strategist, went on to note that a semiconductor-industry research company in Taiwan called TrendForce noted that average selling prices of DRAM dropped 20% in the first quarter and predicted ASPs will still fall another 10%-15%. Micron’s third-quarter guidance was not great, as it called for another negative gross margin and continuing losses, even as executives promised a turnaround was coming.</p><p>While Micron has proven to Wall Street in the past that it knows how to manage the ups and downs of a major semiconductor cycle, its commentary seemed disconnected with its results. Investors are betting on that commentary suggesting a strong rebound in the latter half of the year and into next year — but if Mehrotra & Co. are wrong about the bottom of the cycle, then the stock plunge they are currently avoiding will only return in even grander fashion then.</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>Micron Just Released an Objectively Horrible Earnings Report. Why Is the Stock Not Falling?</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\">\nMicron Just Released an Objectively Horrible Earnings Report. Why Is the Stock Not Falling?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2023-03-29 10:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>After the biggest loss in the memory-chip company’s history and its worst gross margin since the dot-com bust, investors are betting that Micron has hit bottom</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3034a62dd28d038e4c9b33865e28c453\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Micron Technology Inc. reported the largest quarterly loss in its history Tuesday.</span></p><p>Micron Technology Inc. just reported its worst quarter in history, revealing more than $2 billion in losses in three months and its worst gross margin since the dot-com bust.</p><p>Yet when the extended trading session ended Tuesday, Micron shares were up 1.2%.</p><p>So what the heck just happened?</p><p>The answer to that may actually lie in just how bad the quarter was. As Citi Research analyst Christopher Danely pointed out ahead of the earnings report, the last time Micron’s gross margin was this bad — the chip maker spent more than $1.30 for every $1 worth of product it sold in the most recent quarter — it marked the bottom of a similar swoon during the 2008-’09 financial crisis.</p><p>The horrible numbers suggest that this could be the bottom again, and Micron executives leaned in to that message with their prepared remarks and discussions with analysts. Micron Chief Executive Sanjay Mehrotra said that inventory issues — which have taken flight as electronics manufacturers and other tech companies have stopped buying — “peaked” in the quarter, while taking a $1.43 billion write-down on inventory and predicting another $500 million will need to be written off in the current quarter.</p><p>“We are seeing that customer inventories are improving, while still elevated, but in aggregate, customer inventories are improving,” Mehrotra told analysts. “And we do expect that the volume of shipments both for DRAM [dynamic random access memory] and NAND [flash] will continue to increase on a sequential basis from here on.”</p><p>One of the most important comments from the Micron CEO was about the data-center segment, where Mehrotra said he expects to see revenue growth again in the next fiscal quarter and that customer inventories should reach “relatively healthy levels” by the end of the calendar year.</p><p>Micron did note that market conditions remain “extremely challenging” but that it expects DRAM and bit shipments will continue to increase, and supply demand balance will gradually improve for the rest of this calendar year.</p><p>The memory-chip maker said on the call that the underutilization of its factories was probably at the lowest levels in company history, which prompted one analyst to ask why they were still manufacturing product, if they were writing down such large quantities. Micron’s Chief Financial Officer Mark Murphy said that the company minimized the build of some of its products, which it can finish later, so that it can maximize the cash benefits of reducing some of its manufacturing.</p><p>ISI Evercore analyst C.J. Muse said that the report from Micron was “pretty much as expected,” which just shows that as bad as the earnings report was, Wall Street was prepared. Even so, some semiconductor-industry investors voiced their skepticism on Twitter about Micron executives’ upbeat tone as they reported such horrendous numbers.</p><p>Fred Hickey, editor of the High Tech Strategist, went on to note that a semiconductor-industry research company in Taiwan called TrendForce noted that average selling prices of DRAM dropped 20% in the first quarter and predicted ASPs will still fall another 10%-15%. Micron’s third-quarter guidance was not great, as it called for another negative gross margin and continuing losses, even as executives promised a turnaround was coming.</p><p>While Micron has proven to Wall Street in the past that it knows how to manage the ups and downs of a major semiconductor cycle, its commentary seemed disconnected with its results. Investors are betting on that commentary suggesting a strong rebound in the latter half of the year and into next year — but if Mehrotra & Co. are wrong about the bottom of the cycle, then the stock plunge they are currently avoiding will only return in even grander fashion then.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176079286","content_text":"After the biggest loss in the memory-chip company’s history and its worst gross margin since the dot-com bust, investors are betting that Micron has hit bottomMicron Technology Inc. reported the largest quarterly loss in its history Tuesday.Micron Technology Inc. just reported its worst quarter in history, revealing more than $2 billion in losses in three months and its worst gross margin since the dot-com bust.Yet when the extended trading session ended Tuesday, Micron shares were up 1.2%.So what the heck just happened?The answer to that may actually lie in just how bad the quarter was. As Citi Research analyst Christopher Danely pointed out ahead of the earnings report, the last time Micron’s gross margin was this bad — the chip maker spent more than $1.30 for every $1 worth of product it sold in the most recent quarter — it marked the bottom of a similar swoon during the 2008-’09 financial crisis.The horrible numbers suggest that this could be the bottom again, and Micron executives leaned in to that message with their prepared remarks and discussions with analysts. Micron Chief Executive Sanjay Mehrotra said that inventory issues — which have taken flight as electronics manufacturers and other tech companies have stopped buying — “peaked” in the quarter, while taking a $1.43 billion write-down on inventory and predicting another $500 million will need to be written off in the current quarter.“We are seeing that customer inventories are improving, while still elevated, but in aggregate, customer inventories are improving,” Mehrotra told analysts. “And we do expect that the volume of shipments both for DRAM [dynamic random access memory] and NAND [flash] will continue to increase on a sequential basis from here on.”One of the most important comments from the Micron CEO was about the data-center segment, where Mehrotra said he expects to see revenue growth again in the next fiscal quarter and that customer inventories should reach “relatively healthy levels” by the end of the calendar year.Micron did note that market conditions remain “extremely challenging” but that it expects DRAM and bit shipments will continue to increase, and supply demand balance will gradually improve for the rest of this calendar year.The memory-chip maker said on the call that the underutilization of its factories was probably at the lowest levels in company history, which prompted one analyst to ask why they were still manufacturing product, if they were writing down such large quantities. Micron’s Chief Financial Officer Mark Murphy said that the company minimized the build of some of its products, which it can finish later, so that it can maximize the cash benefits of reducing some of its manufacturing.ISI Evercore analyst C.J. Muse said that the report from Micron was “pretty much as expected,” which just shows that as bad as the earnings report was, Wall Street was prepared. Even so, some semiconductor-industry investors voiced their skepticism on Twitter about Micron executives’ upbeat tone as they reported such horrendous numbers.Fred Hickey, editor of the High Tech Strategist, went on to note that a semiconductor-industry research company in Taiwan called TrendForce noted that average selling prices of DRAM dropped 20% in the first quarter and predicted ASPs will still fall another 10%-15%. Micron’s third-quarter guidance was not great, as it called for another negative gross margin and continuing losses, even as executives promised a turnaround was coming.While Micron has proven to Wall Street in the past that it knows how to manage the ups and downs of a major semiconductor cycle, its commentary seemed disconnected with its results. Investors are betting on that commentary suggesting a strong rebound in the latter half of the year and into next year — but if Mehrotra & Co. are wrong about the bottom of the cycle, then the stock plunge they are currently avoiding will only return in even grander fashion then.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941162743,"gmtCreate":1680061206183,"gmtModify":1680061210021,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941162743","repostId":"2323291290","repostType":2,"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941181667,"gmtCreate":1680053554459,"gmtModify":1680053559156,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"120 first","listText":"120 first","text":"120 first","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941181667","repostId":"2322570372","repostType":2,"repost":{"id":"2322570372","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":1680013269,"share":"https://www.laohu8.com/m/news/2322570372?lang=&edition=full","pubTime":"2023-03-28 22:21","market":"us","language":"en","title":"How Alibaba's Six New Business Units Stack up","url":"https://stock-news.laohu8.com/highlight/detail?id=2322570372","media":"Reuters","summary":"(Reuters) - Chinese e-commerce giant Alibaba Group announced on Tuesday it will split into six busin","content":"<html><head></head><body><p>(Reuters) - Chinese e-commerce giant <a href=\"https://laohu8.com/S/BABA\">Alibaba Group</a> announced on Tuesday it will split into six business units, each with its own CEO and board of directors, and adopt a holding company management model, in the biggest revamp of its 24 year history.</p><p>Alibaba has long relied on e-commerce as its core business, with smaller divisions in sectors such as cloud computing and entertainment.</p><p>The company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possible carving out in the future.</p><p>Below are the six divisions:</p><h3>TAOBAO TMALL COMMERCE GROUP</h3><p>The Taobao Tmall Commerce Group will cover Alibaba's domestic-facing e-commerce marketplaces, which make up over two-thirds of Alibaba's total revenue. Taobao and Tmall are China's dominant e-commerce marketplaces in China.</p><p>Despite the scale of Alibaba's e-commerce operations, growth in the business has slowed.</p><p>Last quarter, revenue in Alibaba's China Commerce category fell 1% year-on-year, reflecting maturation in China's overall e-commerce sector but also the impact of the country's COVID curbs, stiff competition from rivals, and slowing economic growth.</p><p>Taobao Tmall Commerce Group will remain wholly owned by Alibaba Group after the restructuring, the company said, even as the other units will be free to seek fundraisings and listings.</p><p>It will be led by Trudy Dai, a member of Alibaba's founding team. Dai was appointed to lead the domestic e-commerce businesses in December 2021 when the company reorganised its international and local e-commerce businesses.</p><h3>GLOBAL DIGITAL COMMERCE GROUP</h3><p>Alibaba's Global Digital Commerce Group includes its overseas e-commerce marketplaces such as Lazada, which serves Southeast Asia, and AliExpress, which has become popular in Russia, Latin America, and parts of Europe.</p><p>These platforms face fierce local competition in the markets they operate in outside of China and make up just 8% of Alibaba's total sales.</p><p>However, together with Alibaba's other overseas e-commerce platforms, they are some of the company's fastest-growing divisions.</p><p>After the restructuring, the group's CEO will be Jiang Fan who had been leading Alibaba's international e-commerce businesses since December 2021. Jiang previously oversaw the Taobao and Tmall businesses.</p><h3>CLOUD INTELLIGENCE GROUP</h3><p>Alibaba's Cloud Intelligence Group includes Aliyun, the company's cloud computing unit. The company is the dominant player in China's domestic cloud computing sector, with a 36% market share, according to research firm Canalys.</p><p>The division is also home to DAMO Academy, Alibaba's research arm for chips and artificial intelligence, as well as Dingtalk, the company's workplace messaging app.</p><p>Alibaba recently confirmed that DAMO has begun testing a ChatGPT-esque app that it plans to integrate with Dingtalk.</p><p>Daniel Zhang, current chairman and CEO of Alibaba Group, will serve as CEO of the Cloud Intelligence Group.</p><h3>LOCAL SERVICES GROUP</h3><p>This division includes food and grocery delivery services such as Alibaba's Ele.me app as well as Amap, its mapping app.</p><p>Alibaba competes with Hong Kong-listed Meituan in the country's cut-throat food delivery sector.</p><p>According to research firms CBNData and Trustdata, in 2021 Ele.me occupied 27% of China's food delivery market compared to 67% from Meituan.</p><p>Local services currently make up just 5% of Alibaba's total revenue.</p><p>Its CEO will be Yu Yongfu.</p><h3>CAINIAO SMART LOGISTICS</h3><p>Alibaba formed Cainiao in 2013 by making investments in a number of Chinese logistics companies.</p><p>The unit is now a major logistics provider in its own right in China, serving both Alibaba and third-party customers.</p><p>Cainiao makes up 7% of Alibaba's total revenue.</p><p>Wan Lin will continue as Cainiao's CEO, the company said.</p><h3>DIGITAL MEDIA AND ENTERTAINMENT GROUP</h3><p>Alibaba's Digital Media and Entertainment Group will house Youku, the company's YouTube-esque streaming video site, as well as Alibaba Pictures, its film production unit.</p><p>The latter division scored a victory in 2019 when "Green Book," a road trip comedy movie it co-produced, won the Academy Award for Best Picture.</p><p>Its CEO will be Fan Luyuan.</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>How Alibaba's Six New Business Units Stack up</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\">\nHow Alibaba's Six New Business Units Stack up\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\">2023-03-28 22:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Chinese e-commerce giant <a href=\"https://laohu8.com/S/BABA\">Alibaba Group</a> announced on Tuesday it will split into six business units, each with its own CEO and board of directors, and adopt a holding company management model, in the biggest revamp of its 24 year history.</p><p>Alibaba has long relied on e-commerce as its core business, with smaller divisions in sectors such as cloud computing and entertainment.</p><p>The company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possible carving out in the future.</p><p>Below are the six divisions:</p><h3>TAOBAO TMALL COMMERCE GROUP</h3><p>The Taobao Tmall Commerce Group will cover Alibaba's domestic-facing e-commerce marketplaces, which make up over two-thirds of Alibaba's total revenue. Taobao and Tmall are China's dominant e-commerce marketplaces in China.</p><p>Despite the scale of Alibaba's e-commerce operations, growth in the business has slowed.</p><p>Last quarter, revenue in Alibaba's China Commerce category fell 1% year-on-year, reflecting maturation in China's overall e-commerce sector but also the impact of the country's COVID curbs, stiff competition from rivals, and slowing economic growth.</p><p>Taobao Tmall Commerce Group will remain wholly owned by Alibaba Group after the restructuring, the company said, even as the other units will be free to seek fundraisings and listings.</p><p>It will be led by Trudy Dai, a member of Alibaba's founding team. Dai was appointed to lead the domestic e-commerce businesses in December 2021 when the company reorganised its international and local e-commerce businesses.</p><h3>GLOBAL DIGITAL COMMERCE GROUP</h3><p>Alibaba's Global Digital Commerce Group includes its overseas e-commerce marketplaces such as Lazada, which serves Southeast Asia, and AliExpress, which has become popular in Russia, Latin America, and parts of Europe.</p><p>These platforms face fierce local competition in the markets they operate in outside of China and make up just 8% of Alibaba's total sales.</p><p>However, together with Alibaba's other overseas e-commerce platforms, they are some of the company's fastest-growing divisions.</p><p>After the restructuring, the group's CEO will be Jiang Fan who had been leading Alibaba's international e-commerce businesses since December 2021. Jiang previously oversaw the Taobao and Tmall businesses.</p><h3>CLOUD INTELLIGENCE GROUP</h3><p>Alibaba's Cloud Intelligence Group includes Aliyun, the company's cloud computing unit. The company is the dominant player in China's domestic cloud computing sector, with a 36% market share, according to research firm Canalys.</p><p>The division is also home to DAMO Academy, Alibaba's research arm for chips and artificial intelligence, as well as Dingtalk, the company's workplace messaging app.</p><p>Alibaba recently confirmed that DAMO has begun testing a ChatGPT-esque app that it plans to integrate with Dingtalk.</p><p>Daniel Zhang, current chairman and CEO of Alibaba Group, will serve as CEO of the Cloud Intelligence Group.</p><h3>LOCAL SERVICES GROUP</h3><p>This division includes food and grocery delivery services such as Alibaba's Ele.me app as well as Amap, its mapping app.</p><p>Alibaba competes with Hong Kong-listed Meituan in the country's cut-throat food delivery sector.</p><p>According to research firms CBNData and Trustdata, in 2021 Ele.me occupied 27% of China's food delivery market compared to 67% from Meituan.</p><p>Local services currently make up just 5% of Alibaba's total revenue.</p><p>Its CEO will be Yu Yongfu.</p><h3>CAINIAO SMART LOGISTICS</h3><p>Alibaba formed Cainiao in 2013 by making investments in a number of Chinese logistics companies.</p><p>The unit is now a major logistics provider in its own right in China, serving both Alibaba and third-party customers.</p><p>Cainiao makes up 7% of Alibaba's total revenue.</p><p>Wan Lin will continue as Cainiao's CEO, the company said.</p><h3>DIGITAL MEDIA AND ENTERTAINMENT GROUP</h3><p>Alibaba's Digital Media and Entertainment Group will house Youku, the company's YouTube-esque streaming video site, as well as Alibaba Pictures, its film production unit.</p><p>The latter division scored a victory in 2019 when "Green Book," a road trip comedy movie it co-produced, won the Academy Award for Best Picture.</p><p>Its CEO will be Fan Luyuan.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2322570372","content_text":"(Reuters) - Chinese e-commerce giant Alibaba Group announced on Tuesday it will split into six business units, each with its own CEO and board of directors, and adopt a holding company management model, in the biggest revamp of its 24 year history.Alibaba has long relied on e-commerce as its core business, with smaller divisions in sectors such as cloud computing and entertainment.The company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possible carving out in the future.Below are the six divisions:TAOBAO TMALL COMMERCE GROUPThe Taobao Tmall Commerce Group will cover Alibaba's domestic-facing e-commerce marketplaces, which make up over two-thirds of Alibaba's total revenue. Taobao and Tmall are China's dominant e-commerce marketplaces in China.Despite the scale of Alibaba's e-commerce operations, growth in the business has slowed.Last quarter, revenue in Alibaba's China Commerce category fell 1% year-on-year, reflecting maturation in China's overall e-commerce sector but also the impact of the country's COVID curbs, stiff competition from rivals, and slowing economic growth.Taobao Tmall Commerce Group will remain wholly owned by Alibaba Group after the restructuring, the company said, even as the other units will be free to seek fundraisings and listings.It will be led by Trudy Dai, a member of Alibaba's founding team. Dai was appointed to lead the domestic e-commerce businesses in December 2021 when the company reorganised its international and local e-commerce businesses.GLOBAL DIGITAL COMMERCE GROUPAlibaba's Global Digital Commerce Group includes its overseas e-commerce marketplaces such as Lazada, which serves Southeast Asia, and AliExpress, which has become popular in Russia, Latin America, and parts of Europe.These platforms face fierce local competition in the markets they operate in outside of China and make up just 8% of Alibaba's total sales.However, together with Alibaba's other overseas e-commerce platforms, they are some of the company's fastest-growing divisions.After the restructuring, the group's CEO will be Jiang Fan who had been leading Alibaba's international e-commerce businesses since December 2021. Jiang previously oversaw the Taobao and Tmall businesses.CLOUD INTELLIGENCE GROUPAlibaba's Cloud Intelligence Group includes Aliyun, the company's cloud computing unit. The company is the dominant player in China's domestic cloud computing sector, with a 36% market share, according to research firm Canalys.The division is also home to DAMO Academy, Alibaba's research arm for chips and artificial intelligence, as well as Dingtalk, the company's workplace messaging app.Alibaba recently confirmed that DAMO has begun testing a ChatGPT-esque app that it plans to integrate with Dingtalk.Daniel Zhang, current chairman and CEO of Alibaba Group, will serve as CEO of the Cloud Intelligence Group.LOCAL SERVICES GROUPThis division includes food and grocery delivery services such as Alibaba's Ele.me app as well as Amap, its mapping app.Alibaba competes with Hong Kong-listed Meituan in the country's cut-throat food delivery sector.According to research firms CBNData and Trustdata, in 2021 Ele.me occupied 27% of China's food delivery market compared to 67% from Meituan.Local services currently make up just 5% of Alibaba's total revenue.Its CEO will be Yu Yongfu.CAINIAO SMART LOGISTICSAlibaba formed Cainiao in 2013 by making investments in a number of Chinese logistics companies.The unit is now a major logistics provider in its own right in China, serving both Alibaba and third-party customers.Cainiao makes up 7% of Alibaba's total revenue.Wan Lin will continue as Cainiao's CEO, the company said.DIGITAL MEDIA AND ENTERTAINMENT GROUPAlibaba's Digital Media and Entertainment Group will house Youku, the company's YouTube-esque streaming video site, as well as Alibaba Pictures, its film production unit.The latter division scored a victory in 2019 when \"Green Book,\" a road trip comedy movie it co-produced, won the Academy Award for Best Picture.Its CEO will be Fan Luyuan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941040695,"gmtCreate":1679898689417,"gmtModify":1679898693538,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Up","listText":"Up","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941040695","repostId":"9941028296","repostType":1,"repost":{"id":9941028296,"gmtCreate":1679886272216,"gmtModify":1679886606612,"author":{"id":"9000000000000695","authorId":"9000000000000695","name":"BaronLyly","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"TSLA is only big elephant in the room","htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> In the Chinese Market Tesla and BYD<a href=\"https://ttm.financial/S/01211\">$BYD COMPANY(01211)$</a> <a href=\"https://ttm.financial/S/BYDDY\">$BYD Co., Ltd.(BYDDY)$</a> have pretty much split the bulk of the EV Market down the middle with VWGN a distant third, although they are stronger through other parts of Europe. Tesla Needs to open a second Gigafactory in or near the Chinese Market to really take them by storm because it is the largest EV Market in the world with it's people WIDELY Accepting the concept of driving an EV at somewhere near 82% vs in the US where it may be as low as 26%. Tesla Really needs to focus on this market.TSLA's price cut is working great. BMW series 3s, 5s ,7s sales down so bad. MBZ series C, E, S do","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> In the Chinese Market Tesla and BYD<a href=\"https://ttm.financial/S/01211\">$BYD COMPANY(01211)$</a> <a href=\"https://ttm.financial/S/BYDDY\">$BYD Co., Ltd.(BYDDY)$</a> have pretty much split the bulk of the EV Market down the middle with VWGN a distant third, although they are stronger through other parts of Europe. Tesla Needs to open a second Gigafactory in or near the Chinese Market to really take them by storm because it is the largest EV Market in the world with it's people WIDELY Accepting the concept of driving an EV at somewhere near 82% vs in the US where it may be as low as 26%. Tesla Really needs to focus on this market.TSLA's price cut is working great. BMW series 3s, 5s ,7s sales down so bad. MBZ series C, E, S do","text":"$Tesla Motors(TSLA)$ In the Chinese Market Tesla and BYD$BYD COMPANY(01211)$ $BYD Co., Ltd.(BYDDY)$ have pretty much split the bulk of the EV Market down the middle with VWGN a distant third, although they are stronger through other parts of Europe. Tesla Needs to open a second Gigafactory in or near the Chinese Market to really take them by storm because it is the largest EV Market in the world with it's people WIDELY Accepting the concept of driving an EV at somewhere near 82% vs in the US where it may be as low as 26%. Tesla Really needs to focus on this market.TSLA's price cut is working great. BMW series 3s, 5s ,7s sales down so bad. MBZ series C, E, S do","images":[{"img":"https://community-static.tradeup.com/news/4872e30dff349de8d86fd9caf9d8e1c7","width":"-1","height":"-1"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941028296","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941063427,"gmtCreate":1679879179870,"gmtModify":1679879183641,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941063427","repostId":"1130445468","repostType":2,"repost":{"id":"1130445468","pubTimestamp":1679872311,"share":"https://www.laohu8.com/m/news/1130445468?lang=&edition=full","pubTime":"2023-03-27 07:11","market":"us","language":"en","title":"First Citizens Said to Near Deal for Silicon Valley Bank","url":"https://stock-news.laohu8.com/highlight/detail?id=1130445468","media":"Bloomberg","summary":"First Citizens Banc Shares Inc.is in advanced talks to acquire Silicon Valley Bank after its collaps","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/405d9ef2c04e644e732d805db67fd0f3\" tg-width=\"800\" tg-height=\"532\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>First Citizens Banc Shares Inc.is in advanced talks to acquire Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter.</p><p>First Citizens could reach a deal as soon as Sunday to acquire Silicon Valley Bank from the Federal Deposit Insurance Corp., said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and talks could fall through, the people added.</p><p>Representatives for First Citizens and the FDIC couldn’t be immediately reached for comment.</p><p>Silicon Valley Bank became the biggest US lender to fail in more than a decade, unraveling in less than 48 hours after abandoning a plan to shore up capital. The bank took a huge loss on sales of its securities as interest rates climbed, unnerving investors and depositors who rapidly began pulling their money.</p><p>As of Friday, Raleigh, North Carolina-based First Citizens had a market value of $8.4 billion.</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 Citizens Said to Near Deal for Silicon Valley Bank</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 Citizens Said to Near Deal for Silicon Valley Bank\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-27 07:11 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-26/first-citizens-said-to-near-deal-for-silicon-valley-bank><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>First Citizens Banc Shares Inc.is in advanced talks to acquire Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter.First Citizens could reach a deal...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-26/first-citizens-said-to-near-deal-for-silicon-valley-bank\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FCNCA":"第一公民银行股份","SIVBQ":"硅谷银行"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-26/first-citizens-said-to-near-deal-for-silicon-valley-bank","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130445468","content_text":"First Citizens Banc Shares Inc.is in advanced talks to acquire Silicon Valley Bank after its collapse earlier this month, according to people familiar with the matter.First Citizens could reach a deal as soon as Sunday to acquire Silicon Valley Bank from the Federal Deposit Insurance Corp., said the people, who asked to not be identified because the matter isn’t public. No final decision has been made and talks could fall through, the people added.Representatives for First Citizens and the FDIC couldn’t be immediately reached for comment.Silicon Valley Bank became the biggest US lender to fail in more than a decade, unraveling in less than 48 hours after abandoning a plan to shore up capital. The bank took a huge loss on sales of its securities as interest rates climbed, unnerving investors and depositors who rapidly began pulling their money.As of Friday, Raleigh, North Carolina-based First Citizens had a market value of $8.4 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943866122,"gmtCreate":1679358620867,"gmtModify":1679358624476,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943866122","repostId":"2321669823","repostType":2,"repost":{"id":"2321669823","pubTimestamp":1679349060,"share":"https://www.laohu8.com/m/news/2321669823?lang=&edition=full","pubTime":"2023-03-21 05:51","market":"us","language":"en","title":"Bank of America Halts Trading With Credit Suisse Electronic Stocks Desk -Email","url":"https://stock-news.laohu8.com/highlight/detail?id=2321669823","media":"StreetInsider","summary":"Bank of America's electronic stocks desk has halted trading with a desk at Credit Suisse that uses c","content":"<html><head></head><body><p>Bank of America's electronic stocks desk has halted trading with a desk at Credit Suisse that uses computer-led strategies, "out of an abundance of caution effective today," an email seen by Reuters on Monday said.</p><p>Bank of America said it would no longer send trades to Credit Suisse's "ATS Crossfinder". That trading platform anonymously matches buy and sell orders for the same kinds of securities, according to the Credit Suisse website. The U.S. Securities and Exchange Commission website calls the ATS Crossfinder a "dark pool."</p><p>Bank of America sent the email to traders and hedge fund clients on Monday morning.</p><p>On Sunday, the 167-year old Swiss lender was subsumed into its larger rival UBS, which agreed to pay 3 billion Swiss francs ($3.23 billion) for Credit Suisse in a package engineered by Swiss regulators.</p><p>Credit Suisse declined to comment on the email and Bank of America also declined to comment.</p><p>The Credit Suisse rescue was backed by a massive Swiss government guarantee, helping prevent what would have been one of the largest banking collapses since the fall of Lehman Brothers in 2008.</p><p>Switzerland has pledged 260 billion francs in liquidity lines and guarantees to UBS to help smooth the takeover as Credit Suisse clients and counterparties reassess their relationship with the stricken lender.</p><p>The deal will also make UBS Switzerland's only global bank and the Swiss economy more dependent on a single lender.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of America Halts Trading With Credit Suisse Electronic Stocks Desk -Email</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\">\nBank of America Halts Trading With Credit Suisse Electronic Stocks Desk -Email\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-21 05:51 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=21395579><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bank of America's electronic stocks desk has halted trading with a desk at Credit Suisse that uses computer-led strategies, \"out of an abundance of caution effective today,\" an email seen by Reuters ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=21395579\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行"},"source_url":"https://www.streetinsider.com/dr/news.php?id=21395579","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321669823","content_text":"Bank of America's electronic stocks desk has halted trading with a desk at Credit Suisse that uses computer-led strategies, \"out of an abundance of caution effective today,\" an email seen by Reuters on Monday said.Bank of America said it would no longer send trades to Credit Suisse's \"ATS Crossfinder\". That trading platform anonymously matches buy and sell orders for the same kinds of securities, according to the Credit Suisse website. The U.S. Securities and Exchange Commission website calls the ATS Crossfinder a \"dark pool.\"Bank of America sent the email to traders and hedge fund clients on Monday morning.On Sunday, the 167-year old Swiss lender was subsumed into its larger rival UBS, which agreed to pay 3 billion Swiss francs ($3.23 billion) for Credit Suisse in a package engineered by Swiss regulators.Credit Suisse declined to comment on the email and Bank of America also declined to comment.The Credit Suisse rescue was backed by a massive Swiss government guarantee, helping prevent what would have been one of the largest banking collapses since the fall of Lehman Brothers in 2008.Switzerland has pledged 260 billion francs in liquidity lines and guarantees to UBS to help smooth the takeover as Credit Suisse clients and counterparties reassess their relationship with the stricken lender.The deal will also make UBS Switzerland's only global bank and the Swiss economy more dependent on a single lender.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943307563,"gmtCreate":1679096612153,"gmtModify":1679096616185,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Alright...","listText":"Alright...","text":"Alright...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943307563","repostId":"1132559269","repostType":4,"repost":{"id":"1132559269","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":1679062804,"share":"https://www.laohu8.com/m/news/1132559269?lang=&edition=full","pubTime":"2023-03-17 22:20","market":"us","language":"en","title":"Bank Stocks Skid in Morning Trading with JPMorgan and Morgan Stanley Dropping Over 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1132559269","media":"Tiger Newspress","summary":"Bank stocks skid in morning trading with JPMorgan and Morgan Stanley dropping over 2%.","content":"<html><head></head><body><p>Bank stocks skid in morning trading with JPMorgan and Morgan Stanley dropping over 2%.<img src=\"https://static.tigerbbs.com/42a9f02097c358696bc0e2b5e132708f\" tg-width=\"279\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/></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>Bank Stocks Skid in Morning Trading with JPMorgan and Morgan Stanley Dropping Over 2%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank Stocks Skid in Morning Trading with JPMorgan and Morgan Stanley Dropping Over 2%\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\">2023-03-17 22:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Bank stocks skid in morning trading with JPMorgan and Morgan Stanley dropping over 2%.<img src=\"https://static.tigerbbs.com/42a9f02097c358696bc0e2b5e132708f\" tg-width=\"279\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","MS":"摩根士丹利","JPM":"摩根大通"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132559269","content_text":"Bank stocks skid in morning trading with JPMorgan and Morgan Stanley dropping over 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943307643,"gmtCreate":1679096570283,"gmtModify":1679096573998,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943307643","repostId":"1155796038","repostType":4,"repost":{"id":"1155796038","pubTimestamp":1679095003,"share":"https://www.laohu8.com/m/news/1155796038?lang=&edition=full","pubTime":"2023-03-18 07:16","market":"us","language":"en","title":"UBS in Talks to Acquire Credit Suisse","url":"https://stock-news.laohu8.com/highlight/detail?id=1155796038","media":"Financial Times","summary":"Swiss authorities press for merger to stem crisis of confidence in country’s banking sectorThe Swiss","content":"<html><head></head><body><p>Swiss authorities press for merger to stem crisis of confidence in country’s banking sector</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a706ac87d80718e5a161bba7755ea1a5\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/><span>The Swiss National Bank and regulator Finma are orchestrating the talks © Bloomberg</span></p><p>UBS is in discussions to take over all or part of Credit Suisse, with the boards of Switzerland’s two biggest lenders set to meet separately over the weekend to consider Europe’s most consequential banking combination since the financial crisis, according to multiple people briefed on the talks.</p><p>The Swiss National Bank and regulator Finma are orchestrating the talks in an attempt to shore up confidence in the country’s banking sector, the people said. Their intervention comes days after the central bank was forced to provide an emergency SFr50bn ($54bn) credit line to Credit Suisse.</p><p>However, this failed to arrest a slide in its share price, which has fallen to record lows after its largest investor ruled out providing any more capital and its chair admitted that an exodus of wealth management clients had continued.</p><p>UBS has a market value of $56.6bn, while shares in Credit Suisse closed on Friday with a value of $8bn.</p><p>Swiss regulators told their US and UK counterparts on Friday evening that merging the two banks was their “plan A” to arrest a collapse in confidence in Credit Suisse, a person familiar with those discussions told the FT.</p><p>A number of different options are under discussion between the two banks, another person told the FT, who added that both sides are trying to evaluate regulatory constraints in different jurisdictions. This person added that UBS is also analysing the potential risks a deal could have for its own business.</p><p>The focus from the central bank is to agree on a simple and straightforward solution before markets open on Monday, one of the people said. There is no guarantee a deal will be reached.</p><p>Credit Suisse declined to comment. UBS declined to comment, as did the Bank of England and the Federal Reserve. The Swiss National Bank did not respond to requests for comment.</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>UBS in Talks to Acquire Credit Suisse</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\">\nUBS in Talks to Acquire Credit Suisse\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-18 07:16 GMT+8 <a href=https://www.ft.com/content/17892f24-4ca0-417f-9093-289b019a0852><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Swiss authorities press for merger to stem crisis of confidence in country’s banking sectorThe Swiss National Bank and regulator Finma are orchestrating the talks © BloombergUBS is in discussions to ...</p>\n\n<a href=\"https://www.ft.com/content/17892f24-4ca0-417f-9093-289b019a0852\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBS":"瑞银"},"source_url":"https://www.ft.com/content/17892f24-4ca0-417f-9093-289b019a0852","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155796038","content_text":"Swiss authorities press for merger to stem crisis of confidence in country’s banking sectorThe Swiss National Bank and regulator Finma are orchestrating the talks © BloombergUBS is in discussions to take over all or part of Credit Suisse, with the boards of Switzerland’s two biggest lenders set to meet separately over the weekend to consider Europe’s most consequential banking combination since the financial crisis, according to multiple people briefed on the talks.The Swiss National Bank and regulator Finma are orchestrating the talks in an attempt to shore up confidence in the country’s banking sector, the people said. Their intervention comes days after the central bank was forced to provide an emergency SFr50bn ($54bn) credit line to Credit Suisse.However, this failed to arrest a slide in its share price, which has fallen to record lows after its largest investor ruled out providing any more capital and its chair admitted that an exodus of wealth management clients had continued.UBS has a market value of $56.6bn, while shares in Credit Suisse closed on Friday with a value of $8bn.Swiss regulators told their US and UK counterparts on Friday evening that merging the two banks was their “plan A” to arrest a collapse in confidence in Credit Suisse, a person familiar with those discussions told the FT.A number of different options are under discussion between the two banks, another person told the FT, who added that both sides are trying to evaluate regulatory constraints in different jurisdictions. This person added that UBS is also analysing the potential risks a deal could have for its own business.The focus from the central bank is to agree on a simple and straightforward solution before markets open on Monday, one of the people said. There is no guarantee a deal will be reached.Credit Suisse declined to comment. UBS declined to comment, as did the Bank of England and the Federal Reserve. The Swiss National Bank did not respond to requests for comment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943307898,"gmtCreate":1679096533514,"gmtModify":1679096537729,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Further support lines to be seem..","listText":"Further support lines to be seem..","text":"Further support lines to be seem..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943307898","repostId":"2320582916","repostType":4,"repost":{"id":"2320582916","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":1679095786,"share":"https://www.laohu8.com/m/news/2320582916?lang=&edition=full","pubTime":"2023-03-18 07:29","market":"us","language":"en","title":"First Republic Shares Tank Almost 33% Despite $30 Bln Support","url":"https://stock-news.laohu8.com/highlight/detail?id=2320582916","media":"Reuters","summary":"March 17 (Reuters) - Shares of First Republic Bank lost almost 33% on Friday, totaling a loss of aro","content":"<html><head></head><body><p>March 17 (Reuters) - Shares of First Republic Bank lost almost 33% on Friday, totaling a loss of around 80% in the last 10 sessions, despite a rescue package with $30 billion in deposits injected by large U.S. banks.</p><p>The beleaguered lender was in talks to raise money from other banks or private equity firms by selling new shares, the New York Times reported on Friday afternoon, citing three people with knowledge of the process. The bank could also negotiate to be sold, the report said. First Republic declined to comment.</p><p>Concerns about the bank's health prompted top power brokers including U.S. Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell and JPMorgan CEO Jamie Dimon to put together an unprecedented rescue deal on Thursday. The lender also said it had borrowed up to $109 billion from the U.S. Federal Reserve and an additional $10 billion from the Federal Home Loan Bank on March 9.</p><p>"The significance of the changes in (the company's) balance sheet in just one week are staggering.. and along with the suspension of the common stock dividend, paints a very dire outlook for the company and shareholders," said KBW Managing Director Chris McGratty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7de7651ab88dc75fa314e5bf4c1abb70\" tg-width=\"706\" tg-height=\"529\" width=\"100%\" height=\"auto\"/><span>First Republic Bank's stock market collapse</span></p><p>Shares of Wall Street banks including JPMorgan Chase & Co, Citigroup Inc, Bank of America Corp and Wells Fargo & Co involved in the San Francisco-based lender's rescue dropped between 2% and 4% on Friday.</p><p>Founded in 1985, First Republic had $212 billion in assets and $176.4 billion in deposits as of the end of last year, according to its annual report.</p><p>"Possibly the market is looking for an all-out sale/buyer rather than an injection of capital," said John Petrides, portfolio manager at Tocqueville Asset Management, adding the situation is not over.</p><p>The bank's earnings profile is "clearly impaired" and the "new deposits effectively bridge the estimated $30.5 billion of uninsured deposits still on FRC's balance sheet providing time for FRC to likely explore a sale," Jefferies analysts led by Ken Usdin wrote in a note to clients.</p><p>The banks that were part of First Republic's rescue package are its most likely suitors for an acquisition, but the U.S. government is less likely to endorse a purchase by the biggest banks, said a source who declined to be identified because of the sensitivity of the situation.</p><p>The rescue package came less than a day after Swiss bank Credit Suisse clinched an emergency central bank loan of up to $54 billion to shore up its liquidity.</p><p>Fed data on Thursday showed banks sought a record $152.9 billion in emergency liquidity from the U.S. central bank over recent days, surpassing previous high that was set during the most acute phase of the financial crisis.</p><p>The borrowings speak to the "funding and liquidity strains on banks, driven by weakening depositor confidence," Moody's said. The ratings agency had downgraded its outlook on the U.S. banking system to negative earlier this week.</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>First Republic Shares Tank Almost 33% Despite $30 Bln Support</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 Shares Tank Almost 33% Despite $30 Bln Support\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 07:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>March 17 (Reuters) - Shares of First Republic Bank lost almost 33% on Friday, totaling a loss of around 80% in the last 10 sessions, despite a rescue package with $30 billion in deposits injected by large U.S. banks.</p><p>The beleaguered lender was in talks to raise money from other banks or private equity firms by selling new shares, the New York Times reported on Friday afternoon, citing three people with knowledge of the process. The bank could also negotiate to be sold, the report said. First Republic declined to comment.</p><p>Concerns about the bank's health prompted top power brokers including U.S. Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell and JPMorgan CEO Jamie Dimon to put together an unprecedented rescue deal on Thursday. The lender also said it had borrowed up to $109 billion from the U.S. Federal Reserve and an additional $10 billion from the Federal Home Loan Bank on March 9.</p><p>"The significance of the changes in (the company's) balance sheet in just one week are staggering.. and along with the suspension of the common stock dividend, paints a very dire outlook for the company and shareholders," said KBW Managing Director Chris McGratty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7de7651ab88dc75fa314e5bf4c1abb70\" tg-width=\"706\" tg-height=\"529\" width=\"100%\" height=\"auto\"/><span>First Republic Bank's stock market collapse</span></p><p>Shares of Wall Street banks including JPMorgan Chase & Co, Citigroup Inc, Bank of America Corp and Wells Fargo & Co involved in the San Francisco-based lender's rescue dropped between 2% and 4% on Friday.</p><p>Founded in 1985, First Republic had $212 billion in assets and $176.4 billion in deposits as of the end of last year, according to its annual report.</p><p>"Possibly the market is looking for an all-out sale/buyer rather than an injection of capital," said John Petrides, portfolio manager at Tocqueville Asset Management, adding the situation is not over.</p><p>The bank's earnings profile is "clearly impaired" and the "new deposits effectively bridge the estimated $30.5 billion of uninsured deposits still on FRC's balance sheet providing time for FRC to likely explore a sale," Jefferies analysts led by Ken Usdin wrote in a note to clients.</p><p>The banks that were part of First Republic's rescue package are its most likely suitors for an acquisition, but the U.S. government is less likely to endorse a purchase by the biggest banks, said a source who declined to be identified because of the sensitivity of the situation.</p><p>The rescue package came less than a day after Swiss bank Credit Suisse clinched an emergency central bank loan of up to $54 billion to shore up its liquidity.</p><p>Fed data on Thursday showed banks sought a record $152.9 billion in emergency liquidity from the U.S. central bank over recent days, surpassing previous high that was set during the most acute phase of the financial crisis.</p><p>The borrowings speak to the "funding and liquidity strains on banks, driven by weakening depositor confidence," Moody's said. The ratings agency had downgraded its outlook on the U.S. banking system to negative earlier this week.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4589":"SVB概念","BK4548":"巴美列捷福持仓","BK4585":"ETF&股票定投概念","BK4588":"碎股","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","BK4211":"区域性银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320582916","content_text":"March 17 (Reuters) - Shares of First Republic Bank lost almost 33% on Friday, totaling a loss of around 80% in the last 10 sessions, despite a rescue package with $30 billion in deposits injected by large U.S. banks.The beleaguered lender was in talks to raise money from other banks or private equity firms by selling new shares, the New York Times reported on Friday afternoon, citing three people with knowledge of the process. The bank could also negotiate to be sold, the report said. First Republic declined to comment.Concerns about the bank's health prompted top power brokers including U.S. Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell and JPMorgan CEO Jamie Dimon to put together an unprecedented rescue deal on Thursday. The lender also said it had borrowed up to $109 billion from the U.S. Federal Reserve and an additional $10 billion from the Federal Home Loan Bank on March 9.\"The significance of the changes in (the company's) balance sheet in just one week are staggering.. and along with the suspension of the common stock dividend, paints a very dire outlook for the company and shareholders,\" said KBW Managing Director Chris McGratty.First Republic Bank's stock market collapseShares of Wall Street banks including JPMorgan Chase & Co, Citigroup Inc, Bank of America Corp and Wells Fargo & Co involved in the San Francisco-based lender's rescue dropped between 2% and 4% on Friday.Founded in 1985, First Republic had $212 billion in assets and $176.4 billion in deposits as of the end of last year, according to its annual report.\"Possibly the market is looking for an all-out sale/buyer rather than an injection of capital,\" said John Petrides, portfolio manager at Tocqueville Asset Management, adding the situation is not over.The bank's earnings profile is \"clearly impaired\" and the \"new deposits effectively bridge the estimated $30.5 billion of uninsured deposits still on FRC's balance sheet providing time for FRC to likely explore a sale,\" Jefferies analysts led by Ken Usdin wrote in a note to clients.The banks that were part of First Republic's rescue package are its most likely suitors for an acquisition, but the U.S. government is less likely to endorse a purchase by the biggest banks, said a source who declined to be identified because of the sensitivity of the situation.The rescue package came less than a day after Swiss bank Credit Suisse clinched an emergency central bank loan of up to $54 billion to shore up its liquidity.Fed data on Thursday showed banks sought a record $152.9 billion in emergency liquidity from the U.S. central bank over recent days, surpassing previous high that was set during the most acute phase of the financial crisis.The borrowings speak to the \"funding and liquidity strains on banks, driven by weakening depositor confidence,\" Moody's said. The ratings agency had downgraded its outlook on the U.S. banking system to negative earlier this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":37,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943902841,"gmtCreate":1679014684784,"gmtModify":1679014688251,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943902841","repostId":"2320139799","repostType":4,"repost":{"id":"2320139799","pubTimestamp":1679010241,"share":"https://www.laohu8.com/m/news/2320139799?lang=&edition=full","pubTime":"2023-03-17 07:44","market":"us","language":"en","title":"After-Hours Movers: First Republic Resumes Free-Fall; Fedex Surges On Raised Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2320139799","media":"StreetInsider","summary":"After-Hours Stock Movers:First Republic Bank (NYSE: FRC) 17.6% LOWER in extended New York trading af","content":"<html><head></head><body><p><b>After-Hours Stock Movers:</b></p><p><a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> (NYSE: FRC) 17.6% LOWER in extended New York trading after the bank announced it was suspending its dividend. Shares rose 10% intra-day.</p><p><a href=\"https://laohu8.com/S/SRPT\">Sarepta Therapeutics</a>, Inc. (NASDAQ: SRPT) 20% LOWER; announced that at its late cycle meeting for the SRP-9001 (delandistrogene moxeparvovec) biologics license application (BLA), the U.S. Food and Drug Administrations Office of Therapeutics (OTP) has determined that an advisory committee meeting will be held for SRP-9001 in advance of the May 29, 2023 regulatory action date. SRP-9001 is Sareptas investigational gene therapy for the treatment of Duchenne muscular dystrophy.</p><p><a href=\"https://laohu8.com/S/FDX\">FedEx</a> 11.85% HIGHER; reported Q3 EPS of $3.41, $0.65 better than the analyst estimate of $2.76. Revenue for the quarter came in at $22.2 billion versus the consensus estimate of $22.74 billion. FedEx sees Q4 2023 EPS of $14.60-$15.20, versus the consensus of $13.56.</p><p>UPS (NYSE: UPS) 3% HIGHER; gains following strong results from rival FedEx.</p><p>NVIDIA Corporation (NASDAQ: NVDA) 1% HIGHER; upgraded after-hours at Morgan Stanley</p><h1></h1><h1></h1></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After-Hours Movers: First Republic Resumes Free-Fall; Fedex Surges On Raised Guidance</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\">\nAfter-Hours Movers: First Republic Resumes Free-Fall; Fedex Surges On Raised Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-17 07:44 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=21384738><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:First Republic Bank (NYSE: FRC) 17.6% LOWER in extended New York trading after the bank announced it was suspending its dividend. Shares rose 10% intra-day.Sarepta ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=21384738\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FDX":"联邦快递","UPS":"联合包裹"},"source_url":"https://www.streetinsider.com/dr/news.php?id=21384738","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320139799","content_text":"After-Hours Stock Movers:First Republic Bank (NYSE: FRC) 17.6% LOWER in extended New York trading after the bank announced it was suspending its dividend. Shares rose 10% intra-day.Sarepta Therapeutics, Inc. (NASDAQ: SRPT) 20% LOWER; announced that at its late cycle meeting for the SRP-9001 (delandistrogene moxeparvovec) biologics license application (BLA), the U.S. Food and Drug Administrations Office of Therapeutics (OTP) has determined that an advisory committee meeting will be held for SRP-9001 in advance of the May 29, 2023 regulatory action date. SRP-9001 is Sareptas investigational gene therapy for the treatment of Duchenne muscular dystrophy.FedEx 11.85% HIGHER; reported Q3 EPS of $3.41, $0.65 better than the analyst estimate of $2.76. Revenue for the quarter came in at $22.2 billion versus the consensus estimate of $22.74 billion. FedEx sees Q4 2023 EPS of $14.60-$15.20, versus the consensus of $13.56.UPS (NYSE: UPS) 3% HIGHER; gains following strong results from rival FedEx.NVIDIA Corporation (NASDAQ: NVDA) 1% HIGHER; upgraded after-hours at Morgan Stanley","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943902145,"gmtCreate":1679014637688,"gmtModify":1679014641863,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":22,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943902145","repostId":"1170952277","repostType":2,"repost":{"id":"1170952277","pubTimestamp":1679008361,"share":"https://www.laohu8.com/m/news/1170952277?lang=&edition=full","pubTime":"2023-03-17 07:12","market":"us","language":"en","title":"First Republic Gets $30 Billion of Fresh Deposits in Bank Rescue","url":"https://stock-news.laohu8.com/highlight/detail?id=1170952277","media":"Bloomberg","summary":"JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking sy","content":"<html><head></head><body><ul><li>JPMorgan, BofA, Citi, Wells Fargo among lenders contributing</li><li>Plan shows ‘resilience of the banking system,’ regulators say</li></ul><p>The biggest US banks pledged $30 billion of fresh cash for First Republic Bank to stem the turmoil that has sent depositors fleeing from regional banks and shaken the country’s financial system.</p><p>JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. will contribute $5 billion of uninsured deposits each, while Goldman Sachs Group Inc. and Morgan Stanley will kick in $2.5 billion apiece, according to a statement Thursday. Other banks will deposit smaller amounts as part of a plan devised along with US regulators.</p><p>“This action by America’s largest banks reflects their confidence in First Republic and in banks of all sizes,” the banks said in their statement. The consortium cited the outflows of uninsured deposits at a small number of banks following the collapse of Silicon Valley Bank and Signature Bank.</p><p><img src=\"https://static.tigerbbs.com/dbbca686ada81d9e2312e9aebe7bd164\" tg-width=\"727\" tg-height=\"224\" referrerpolicy=\"no-referrer\"/>First Republic has been exploring strategic options including a possible sale, Bloomberg News reported late Wednesday. The lender’s shares have plummeted in the aftermath of regulators’ seizure of fellow regional lenders Silicon Valley Bank and Signature Bank over the past week.</p><p>“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell, Federal Deposit Insurance Corp. Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu said in a joint statement.</p><p>Also contributing deposits are PNC Financial Services Group Inc., Bank of New York Mellon Corp., Truist Financial Corp., U.S. Bancorp and State Street Corp., which will each put in $1 billion.</p><p>The deal began to take shape Tuesday and came together in about two days, with the idea of bringing the banks on board broached during a call that included Yellen, Powell and Gruenberg, as well as Jamie Dimon, chief executive officer of JPMorgan, according to people familiar with the matter.</p><p>Yellen and Dimon agreed the idea had merit, with Dimon taking the lead to contact other bank leaders and Yellen making calls, too, said the people, who asked not to be identified discussing the private talks.</p><p>Another call Thursday morning among regulators and CEOs helped finalize the plan. The deal includes deposits with an initial term of 120 days at market rates, First Republic said, and they could remain in place even longer, people familiar with the terms said.</p><p>In some ways, the rescue resembles the 1998 plan devised to bail out Long Term Capital Management without using public money, after the hedge fund made a set of disastrous wrong-way bets. Back then, the Fed convened a meeting of Wall Street executives from Merrill Lynch, Goldman Sachs and about a dozen others. They agreed to pump $3.65 billion into the fund to keep it afloat and avert a collapse in financial markets.</p><h3>Bank’s Future</h3><p>As with LTCM, the banks saw saving First Republic as ultimately in their best interests, rather than risk a widening panic that might engulf more of them, one of the people said. Unlike LTCM, the First Republic rescue isn’t a wind-down, but sets up the bank to have a future, which could still include shopping around for a buyer, the people said.</p><p>The joint effort “is a powerful step to bolster liquidity and reflects our confidence in the critical role of regional banks in our economy and across the communities we serve,” Truist Chief Executive Officer Bill Rogers said in an emailed statement.</p><p>Capital One Financial Corp. was asked to participate in the consortium, but given the credit-card giant’s business mix and the fact that it didn’t have an existing relationship with First Republic, the company chose not to participate, according to a person familiar with the matter. A spokesman for Capital One declined to comment.</p><p>Shares of First Republic swung wildly Thursday, plunging as much as 36% early in the day, then surging as much as 28% midday after details of the emerging plan were first reported. The stock closed up 10% and then slipped in extended New York trading after the bank announced it was suspending its dividend.</p><p>First Republic, which specializes in private banking and has built up a wealth-management franchise with some $271 billion in assets, has made an effort to differentiate itself from SVB Financial Group’s Silicon Valley Bank. Unlike SVB, which counted startups and venture firms among its biggest clients, First Republic said that no sector represents more than 9% of total business deposits.</p><p>Silicon Valley Bank collapsed into FDIC receivership Friday after its customer base of tech startups grew concerned and pulled deposits.</p><p>First Republic Chairman Jim Herbert and CEO Mike Roffler said in a statement that the banks’ “collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire US banking system.”</p><p>As of Wednesday, First Republic had a cash position of about $34 billion, not including the deposits from the banks. Since the close of business on March 9, First Republic has increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%, the company said.</p><p>First Republic said it’s “focused on reducing its borrowings and evaluating the composition and size of its balance sheet,” and will suspend its stock dividend while it recovers.</p><p>First Republic has been working with JPMorgan as it tackles its challenges. On Sunday, the same day Signature Bank was taken over by regulators, First Republic said it “further enhanced and diversified its financial position” by securing additional liquidity from the Federal Reserve and JPMorgan.</p><p>“The effort by the federal government to bring together the banking sector, including U.S. Bank, speaks to the strength of the overall financial system,” said a spokesman for the Minneapolis-based lender.</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 Gets $30 Billion of Fresh Deposits in Bank Rescue</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 Gets $30 Billion of Fresh Deposits in Bank Rescue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-17 07:12 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?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":{"JPM":"摩根大通","C":"花旗"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-16/first-republic-to-get-30-billion-of-bank-deposits-in-rescue?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170952277","content_text":"JPMorgan, BofA, Citi, Wells Fargo among lenders contributingPlan shows ‘resilience of the banking system,’ regulators sayThe biggest US banks pledged $30 billion of fresh cash for First Republic Bank to stem the turmoil that has sent depositors fleeing from regional banks and shaken the country’s financial system.JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. will contribute $5 billion of uninsured deposits each, while Goldman Sachs Group Inc. and Morgan Stanley will kick in $2.5 billion apiece, according to a statement Thursday. Other banks will deposit smaller amounts as part of a plan devised along with US regulators.“This action by America’s largest banks reflects their confidence in First Republic and in banks of all sizes,” the banks said in their statement. The consortium cited the outflows of uninsured deposits at a small number of banks following the collapse of Silicon Valley Bank and Signature Bank.First Republic has been exploring strategic options including a possible sale, Bloomberg News reported late Wednesday. The lender’s shares have plummeted in the aftermath of regulators’ seizure of fellow regional lenders Silicon Valley Bank and Signature Bank over the past week.“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” US Treasury Secretary Janet Yellen, Federal Reserve Board Chair Jerome Powell, Federal Deposit Insurance Corp. Chairman Martin Gruenberg and Acting Comptroller of the Currency Michael Hsu said in a joint statement.Also contributing deposits are PNC Financial Services Group Inc., Bank of New York Mellon Corp., Truist Financial Corp., U.S. Bancorp and State Street Corp., which will each put in $1 billion.The deal began to take shape Tuesday and came together in about two days, with the idea of bringing the banks on board broached during a call that included Yellen, Powell and Gruenberg, as well as Jamie Dimon, chief executive officer of JPMorgan, according to people familiar with the matter.Yellen and Dimon agreed the idea had merit, with Dimon taking the lead to contact other bank leaders and Yellen making calls, too, said the people, who asked not to be identified discussing the private talks.Another call Thursday morning among regulators and CEOs helped finalize the plan. The deal includes deposits with an initial term of 120 days at market rates, First Republic said, and they could remain in place even longer, people familiar with the terms said.In some ways, the rescue resembles the 1998 plan devised to bail out Long Term Capital Management without using public money, after the hedge fund made a set of disastrous wrong-way bets. Back then, the Fed convened a meeting of Wall Street executives from Merrill Lynch, Goldman Sachs and about a dozen others. They agreed to pump $3.65 billion into the fund to keep it afloat and avert a collapse in financial markets.Bank’s FutureAs with LTCM, the banks saw saving First Republic as ultimately in their best interests, rather than risk a widening panic that might engulf more of them, one of the people said. Unlike LTCM, the First Republic rescue isn’t a wind-down, but sets up the bank to have a future, which could still include shopping around for a buyer, the people said.The joint effort “is a powerful step to bolster liquidity and reflects our confidence in the critical role of regional banks in our economy and across the communities we serve,” Truist Chief Executive Officer Bill Rogers said in an emailed statement.Capital One Financial Corp. was asked to participate in the consortium, but given the credit-card giant’s business mix and the fact that it didn’t have an existing relationship with First Republic, the company chose not to participate, according to a person familiar with the matter. A spokesman for Capital One declined to comment.Shares of First Republic swung wildly Thursday, plunging as much as 36% early in the day, then surging as much as 28% midday after details of the emerging plan were first reported. The stock closed up 10% and then slipped in extended New York trading after the bank announced it was suspending its dividend.First Republic, which specializes in private banking and has built up a wealth-management franchise with some $271 billion in assets, has made an effort to differentiate itself from SVB Financial Group’s Silicon Valley Bank. Unlike SVB, which counted startups and venture firms among its biggest clients, First Republic said that no sector represents more than 9% of total business deposits.Silicon Valley Bank collapsed into FDIC receivership Friday after its customer base of tech startups grew concerned and pulled deposits.First Republic Chairman Jim Herbert and CEO Mike Roffler said in a statement that the banks’ “collective support strengthens our liquidity position, reflects the ongoing quality of our business, and is a vote of confidence for First Republic and the entire US banking system.”As of Wednesday, First Republic had a cash position of about $34 billion, not including the deposits from the banks. Since the close of business on March 9, First Republic has increased short-term borrowings from the Federal Home Loan Bank by $10 billion at a rate of 5.09%, the company said.First Republic said it’s “focused on reducing its borrowings and evaluating the composition and size of its balance sheet,” and will suspend its stock dividend while it recovers.First Republic has been working with JPMorgan as it tackles its challenges. On Sunday, the same day Signature Bank was taken over by regulators, First Republic said it “further enhanced and diversified its financial position” by securing additional liquidity from the Federal Reserve and JPMorgan.“The effort by the federal government to bring together the banking sector, including U.S. Bank, speaks to the strength of the overall financial system,” said a spokesman for the Minneapolis-based lender.","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943047135,"gmtCreate":1679004780228,"gmtModify":1679004783870,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"No ","listText":"No ","text":"No","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943047135","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 & 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.</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&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 <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":{"WAL":"阿莱恩斯西部银行","PACW":"西太平洋合众银行"},"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":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943001210,"gmtCreate":1678941683931,"gmtModify":1678941687622,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Lets go","listText":"Lets go","text":"Lets go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943001210","repostId":"2319826065","repostType":4,"repost":{"id":"2319826065","pubTimestamp":1678934669,"share":"https://www.laohu8.com/m/news/2319826065?lang=&edition=full","pubTime":"2023-03-16 10:44","market":"us","language":"en","title":"ChatGPT Says These 7 Stocks Could Be the Next Trillion-Dollar Companies","url":"https://stock-news.laohu8.com/highlight/detail?id=2319826065","media":"InvestorPlace","summary":"Here are the companies ChatGPT thinks can reach the trillion-dollar mark.The chatbot sees significan","content":"<html><head></head><body><ul><li>Here are the companies ChatGPT thinks can reach the trillion-dollar mark.</li><li>The chatbot sees significant potential for sectors including tech and renewable energy.</li><li>Some of its selections may be surprising, but all have potential to soar again.</li></ul><p><img src=\"https://static.tigerbbs.com/768811b4c4a62dd64c5789bf7a347c51\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Ascannio / Shutterstock.com</p><p>Investors will always be on the hunt for the next trillion-dollar companies. This is a milestone that every company aims for, though very few reach. For investors, this means constantly being on the lookout for innovators with revolutionary products that can take them to market capitalizations above $1 trillion.</p><p>As <i>InvestorPlace</i> analyst Luke Lango notes, in 2022, the iPhone helped <b>Apple</b> reach that milestone and become the world’s most valuable company with a market cap above $2 trillion. Plenty of experts have made predictions as to what the next trillion-dollar whale will be. But I wanted to hear what ChatGPT has to say about it.</p><p>Very much a revolutionary product itself, ChatGPT has proven apt at many things, including researching any number of topics and providing detailed information on them. This includes investing and stock selection. As <i>InvestorPlace</i> Financial News Writer Brenden Rearick reports:</p><blockquote>“<i>InvestorPlace</i> has tasked ChatGPT time and again with selecting high-growth assets across the stock market and crypto world. The chatbot, while not necessarily up-to-date on stock market news, possesses a keen quantitative analysis skill…”</blockquote><p>With this in mind, I tasked ChatGPT with identifying the next trillion-dollar company. While the chatbot can’t make direct predictions, it did provide me with a list of companies that it thinks have the potential to reach the trillion-dollar mark. When first asked, it named the sectors that it sees as having trillion-dollar potential: artificial intelligence, healthcare technology, electric and autonomous vehicles, fintech and renewable energy. A few questions later, it named companies from each one that it saw as having the best potential.</p><p>Let’s take a look at what ChatGPT thinks will be the next trillion-dollar companies.</p><h2><a href=\"https://laohu8.com/S/AMZN\">Amazon </a></h2><p><img src=\"https://static.tigerbbs.com/21b798812e309fcfdcc7d7c00622a0ce\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Sundry Photography / Shutterstock.com</p><p>With a market cap of $970 billion, <b>Amazon</b> (NASDAQ:<b><u>AMZN</u></b>) is dangerously close to hitting $1 trillion. ChatGPT touts the e-commerce giant for its wide-range applications across many sectors. It specifically highlights Amazon’s recent investments in AI and robotics, making it clear that it sees this emerging market as the company’s ticket to a trillion-dollar valuation. This includes a recent partnership with AI startup <b>Hugging Face</b>, which offers Amazon exposure to a lucrative new section of the AI field. As the bot states:</p><blockquote>“As the company continues to expand into new markets, such as healthcare and advertising, and invest in emerging technologies like artificial intelligence and robotics, it could potentially continue to grow and reach a $1 trillion valuation.”</blockquote><h2><a href=\"https://laohu8.com/S/NEE\">NextEra Energy </a></h2><p><img src=\"https://static.tigerbbs.com/ea57d4c3dcede125d4c0c41df15c24f2\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: madamF / Shutterstock.com</p><p>ChatGPT clearly recognizes the power and potential of the renewable energy sector. <b>NextEra Energy</b> (NYSE:<b><u>NEE</u></b>) is one of the field’s leaders, with vast holdings and an impressive market share. ChatGPT definitely sees it as a great play among clean energy companies. As it states:</p><blockquote>“NextEra Energy is already one of the world’s largest producers of wind and solar power, and its focus on renewable energy and sustainability could help it continue to grow and reach a $1 trillion valuation.”</blockquote><p>Additionally, the company is ranked as a winner among dividend stocks and carries significant appeal for less risk-averse investors. All this bodes well for its future as a potential trillion-dollar winner.</p><h2><a href=\"https://laohu8.com/S/MRNA\">Moderna </a></h2><p><img src=\"https://static.tigerbbs.com/c432dd53ea4900b4425422ee00cafdba\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Ascannio / Shutterstock.com</p><p><b>Moderna</b> (NASDAQ:<b><u>MRNA</u></b>) enjoyed a race to the top during the Covid-19 vaccine rush, securing its place among pharmaceutical winners. Now, ChatGPT believes it has trillion-dollar potential due to its applications in healthcare technology. While the bot did not get specific in its reasoning, it provided the following breakdown:</p><blockquote>“Moderna is a biotechnology company that has gained significant attention and market value during the COVID-19 pandemic due to its successful development of an mRNA vaccine. As the company continues to develop and commercialize other mRNA-based treatments, it could potentially reach a $1 trillion valuation.”</blockquote><p>It’s also worth noting that ChatGPT considers MRNA to be a meme stock. When Rearick asked it for a list of the best meme stocks to buy, its top 10 picks included Moderna. That said, this categorization is likely due to 2021 data, as during that year the stock made many headlines.</p><h2><a href=\"https://laohu8.com/S/NVDA\">Nvidia </a></h2><p><img src=\"https://static.tigerbbs.com/04874462381e4ee3fb7f89da1b0d0b6f\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Hairem / Shutterstock.com</p><p>It’s not surprising that this AI standout would be ranked among future trillion-dollar winners. A Silicon Valley darling with wide-ranging applications, <b>Nvidia</b> (NASDAQ:<b><u>NVDA</u></b>) is often noted for its potential to help power the AI boom. When I asked ChatGPT for a list of the best AI stocks to buy, it ranked Nvidia among its top picks, second only to actual trillion-dollar company <b>Alphabet</b> (NASDAQ:<b><u>GOOG</u></b>, NASDAQ:<b>GOOGL</b>). This time around, it provided a detailed breakdown of why it sees Nvidia reaching the same level:</p><blockquote>“Nvidia is a leading semiconductor and graphics processing unit (GPU) company that has been on a steady growth trajectory in recent years, with a current market capitalization of around $500 billion. There are several reasons why some analysts and investors believe that Nvidia has the potential to reach a $1 trillion valuation in the future.”</blockquote><p>These reasons included “dominance in the AI and data center markets,” “diversification into new markets,” and high investor confidence as well as impressive financials. Nvidia’s market cap is actually $586 billion, a reminder that ChatGPT’s data is limited to 2021 and earlier. However, the rest of the reasoning holds up.</p><h2><a href=\"https://laohu8.com/S/ILMN\">Illumina</a></h2><p><img src=\"https://static.tigerbbs.com/e83f39750e9eef81e25f4c70da4c2af0\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: shutterstock.com/Romix Image</p><p>This name isn’t as well-known as the other stocks that ChatGPT named as potential trillion-dollar winners. But that doesn’t mean investors should count <b>Illumina</b> (NASDAQ:<b><u>ILMN</u></b>) out. As <i>InvestorPlace</i> contributor Larry Ramer notes, the biotech company is a leader in the field of gene sequencing, which he describes as a “key to unlocking precision medicine.” ChatGPT has a similar take, citing multiple reasons to be bullish on ILMN. As it states:</p><blockquote>“Illumina is a leading company in the genomics and genetic testing space, providing genetic sequencing and analysis solutions to researchers, clinicians, and biotech companies. There are several factors that could contribute to the company’s growth potential.”</blockquote><p>The chatbot highlights the company’s history of innovation while also naming “increasing demand for genetic testing” and “expansion into new markets” as factors for why it sees so much potential, as well as its focus on partnerships and diversification of products.</p><h2><a href=\"https://laohu8.com/S/TSLA\">Tesla </a></h2><p><img src=\"https://static.tigerbbs.com/9ebd185bd49900b38a5d763f7b0e670a\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Roschetzky Photography / Shutterstock.com</p><p>It’s no surprise that such a popular company would be on this list, especially after ChatGPT named electric and autonomous vehicles as a top opportunity. <b>Tesla</b> (NASDAQ:<b>TSLA</b>) is considered a leader in both fields.</p><p>While its autonomous driving technology has come under fire after multiple accidents, it remains firmly ahead of many competitors. Additionally, it still has its place at the front of the EV race, even as competitors close in. As <i>InvestorPlace</i> contributor Bret Kenwell reports, Tesla has already been in the trillion-dollar club and it could get there again. ChatGPT has a similar perspective. Per the bot:</p><blockquote>“Tesla is currently the largest automaker by market capitalization, with a market cap [near] $600 billion. As the company continues to expand its electric vehicle production and autonomous driving capabilities, it could potentially reach a $1 trillion valuation.”</blockquote><h2><a href=\"https://laohu8.com/S/SQ\">Block</a></h2><p><img src=\"https://static.tigerbbs.com/4af302a5be4a7e5081a682dec640caf7\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Source: Sergei Elagin / Shutterstock.com</p><p>Constantly hailed as a winner in the fintech space, <b>Block</b> (NYSE:<b>SQ</b>) has emerged as a mobile payments leader. Led by former <b>Twitter</b> CEO Jack Dorsey, the company is recovering from a volatile year. But this isn’t the first time that ChatGPT has selected it as a stock with significant growth potential. <i>InvestorPlace</i> Assistant News Writer Shrey Dua recently asked the bot for a list of tech stocks with high five-year growth potential. It ranked Block just below Nvidia on a list that included Apple and Amazon. Here’s what it told me about SQ stock:</p><blockquote>“[Block] has been on a steady growth trajectory since its founding in 2009 and has already reached a market capitalization of over $100 billion. With its focus on innovative financial solutions for small businesses, the company could potentially continue to grow and reach a $1 trillion valuation.”</blockquote><p>As a result of its difficult 2022, Block no longer boasts such a high market cap. As of this writing, it sits at $43 billion. If markets turn around in 2023, though, SQ could easily make up the ground it has lost.</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>ChatGPT Says These 7 Stocks Could Be the Next Trillion-Dollar Companies</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\">\nChatGPT Says These 7 Stocks Could Be the Next Trillion-Dollar Companies\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 10:44 GMT+8 <a href=https://investorplace.com/2023/03/chatgpt-says-these-7-stocks-could-be-the-next-trillion-dollar-companies/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Here are the companies ChatGPT thinks can reach the trillion-dollar mark.The chatbot sees significant potential for sectors including tech and renewable energy.Some of its selections may be surprising...</p>\n\n<a href=\"https://investorplace.com/2023/03/chatgpt-says-these-7-stocks-could-be-the-next-trillion-dollar-companies/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","AMZN":"亚马逊","MRNA":"Moderna, Inc.","TSLA":"特斯拉","NEE":"新纪元能源","SQ":"Block","ILMN":"Illumina"},"source_url":"https://investorplace.com/2023/03/chatgpt-says-these-7-stocks-could-be-the-next-trillion-dollar-companies/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319826065","content_text":"Here are the companies ChatGPT thinks can reach the trillion-dollar mark.The chatbot sees significant potential for sectors including tech and renewable energy.Some of its selections may be surprising, but all have potential to soar again.Source: Ascannio / Shutterstock.comInvestors will always be on the hunt for the next trillion-dollar companies. This is a milestone that every company aims for, though very few reach. For investors, this means constantly being on the lookout for innovators with revolutionary products that can take them to market capitalizations above $1 trillion.As InvestorPlace analyst Luke Lango notes, in 2022, the iPhone helped Apple reach that milestone and become the world’s most valuable company with a market cap above $2 trillion. Plenty of experts have made predictions as to what the next trillion-dollar whale will be. But I wanted to hear what ChatGPT has to say about it.Very much a revolutionary product itself, ChatGPT has proven apt at many things, including researching any number of topics and providing detailed information on them. This includes investing and stock selection. As InvestorPlace Financial News Writer Brenden Rearick reports:“InvestorPlace has tasked ChatGPT time and again with selecting high-growth assets across the stock market and crypto world. The chatbot, while not necessarily up-to-date on stock market news, possesses a keen quantitative analysis skill…”With this in mind, I tasked ChatGPT with identifying the next trillion-dollar company. While the chatbot can’t make direct predictions, it did provide me with a list of companies that it thinks have the potential to reach the trillion-dollar mark. When first asked, it named the sectors that it sees as having trillion-dollar potential: artificial intelligence, healthcare technology, electric and autonomous vehicles, fintech and renewable energy. A few questions later, it named companies from each one that it saw as having the best potential.Let’s take a look at what ChatGPT thinks will be the next trillion-dollar companies.Amazon Source: Sundry Photography / Shutterstock.comWith a market cap of $970 billion, Amazon (NASDAQ:AMZN) is dangerously close to hitting $1 trillion. ChatGPT touts the e-commerce giant for its wide-range applications across many sectors. It specifically highlights Amazon’s recent investments in AI and robotics, making it clear that it sees this emerging market as the company’s ticket to a trillion-dollar valuation. This includes a recent partnership with AI startup Hugging Face, which offers Amazon exposure to a lucrative new section of the AI field. As the bot states:“As the company continues to expand into new markets, such as healthcare and advertising, and invest in emerging technologies like artificial intelligence and robotics, it could potentially continue to grow and reach a $1 trillion valuation.”NextEra Energy Source: madamF / Shutterstock.comChatGPT clearly recognizes the power and potential of the renewable energy sector. NextEra Energy (NYSE:NEE) is one of the field’s leaders, with vast holdings and an impressive market share. ChatGPT definitely sees it as a great play among clean energy companies. As it states:“NextEra Energy is already one of the world’s largest producers of wind and solar power, and its focus on renewable energy and sustainability could help it continue to grow and reach a $1 trillion valuation.”Additionally, the company is ranked as a winner among dividend stocks and carries significant appeal for less risk-averse investors. All this bodes well for its future as a potential trillion-dollar winner.Moderna Source: Ascannio / Shutterstock.comModerna (NASDAQ:MRNA) enjoyed a race to the top during the Covid-19 vaccine rush, securing its place among pharmaceutical winners. Now, ChatGPT believes it has trillion-dollar potential due to its applications in healthcare technology. While the bot did not get specific in its reasoning, it provided the following breakdown:“Moderna is a biotechnology company that has gained significant attention and market value during the COVID-19 pandemic due to its successful development of an mRNA vaccine. As the company continues to develop and commercialize other mRNA-based treatments, it could potentially reach a $1 trillion valuation.”It’s also worth noting that ChatGPT considers MRNA to be a meme stock. When Rearick asked it for a list of the best meme stocks to buy, its top 10 picks included Moderna. That said, this categorization is likely due to 2021 data, as during that year the stock made many headlines.Nvidia Source: Hairem / Shutterstock.comIt’s not surprising that this AI standout would be ranked among future trillion-dollar winners. A Silicon Valley darling with wide-ranging applications, Nvidia (NASDAQ:NVDA) is often noted for its potential to help power the AI boom. When I asked ChatGPT for a list of the best AI stocks to buy, it ranked Nvidia among its top picks, second only to actual trillion-dollar company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL). This time around, it provided a detailed breakdown of why it sees Nvidia reaching the same level:“Nvidia is a leading semiconductor and graphics processing unit (GPU) company that has been on a steady growth trajectory in recent years, with a current market capitalization of around $500 billion. There are several reasons why some analysts and investors believe that Nvidia has the potential to reach a $1 trillion valuation in the future.”These reasons included “dominance in the AI and data center markets,” “diversification into new markets,” and high investor confidence as well as impressive financials. Nvidia’s market cap is actually $586 billion, a reminder that ChatGPT’s data is limited to 2021 and earlier. However, the rest of the reasoning holds up.IlluminaSource: shutterstock.com/Romix ImageThis name isn’t as well-known as the other stocks that ChatGPT named as potential trillion-dollar winners. But that doesn’t mean investors should count Illumina (NASDAQ:ILMN) out. As InvestorPlace contributor Larry Ramer notes, the biotech company is a leader in the field of gene sequencing, which he describes as a “key to unlocking precision medicine.” ChatGPT has a similar take, citing multiple reasons to be bullish on ILMN. As it states:“Illumina is a leading company in the genomics and genetic testing space, providing genetic sequencing and analysis solutions to researchers, clinicians, and biotech companies. There are several factors that could contribute to the company’s growth potential.”The chatbot highlights the company’s history of innovation while also naming “increasing demand for genetic testing” and “expansion into new markets” as factors for why it sees so much potential, as well as its focus on partnerships and diversification of products.Tesla Source: Roschetzky Photography / Shutterstock.comIt’s no surprise that such a popular company would be on this list, especially after ChatGPT named electric and autonomous vehicles as a top opportunity. Tesla (NASDAQ:TSLA) is considered a leader in both fields.While its autonomous driving technology has come under fire after multiple accidents, it remains firmly ahead of many competitors. Additionally, it still has its place at the front of the EV race, even as competitors close in. As InvestorPlace contributor Bret Kenwell reports, Tesla has already been in the trillion-dollar club and it could get there again. ChatGPT has a similar perspective. Per the bot:“Tesla is currently the largest automaker by market capitalization, with a market cap [near] $600 billion. As the company continues to expand its electric vehicle production and autonomous driving capabilities, it could potentially reach a $1 trillion valuation.”BlockSource: Sergei Elagin / Shutterstock.comConstantly hailed as a winner in the fintech space, Block (NYSE:SQ) has emerged as a mobile payments leader. Led by former Twitter CEO Jack Dorsey, the company is recovering from a volatile year. But this isn’t the first time that ChatGPT has selected it as a stock with significant growth potential. InvestorPlace Assistant News Writer Shrey Dua recently asked the bot for a list of tech stocks with high five-year growth potential. It ranked Block just below Nvidia on a list that included Apple and Amazon. Here’s what it told me about SQ stock:“[Block] has been on a steady growth trajectory since its founding in 2009 and has already reached a market capitalization of over $100 billion. With its focus on innovative financial solutions for small businesses, the company could potentially continue to grow and reach a $1 trillion valuation.”As a result of its difficult 2022, Block no longer boasts such a high market cap. As of this writing, it sits at $43 billion. If markets turn around in 2023, though, SQ could easily make up the ground it has lost.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949679312,"gmtCreate":1678665346036,"gmtModify":1678665350342,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Price of Tesla will down again if he bids...","listText":"Price of Tesla will down again if he bids...","text":"Price of Tesla will down again if he bids...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949679312","repostId":"1161683354","repostType":4,"repost":{"id":"1161683354","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1678579074,"share":"https://www.laohu8.com/m/news/1161683354?lang=&edition=full","pubTime":"2023-03-12 07:57","market":"us","language":"en","title":"Would Musk's Twitter Bid For Troubled Silicon Valley Bank? The Billionaire Says He's \"Open To The Idea\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1161683354","media":"Benzinga","summary":"ZINGER KEY POINTSFollowing SVB's collapse, analysts and economists have begun discussing the way for","content":"<html><head></head><body><p>ZINGER KEY POINTS</p><ul><li>Following SVB's collapse, analysts and economists have begun discussing the way forward.</li><li>Elon Musk's fans think Twitter could lap up the bank and transform into a digital bank.</li></ul><p>The collapse of SVB Financial Group’s Silicon Valley Bank and the way forward has been the talk of the town ever since the crisis came to light.</p><p>Musk Is Interested: When a Twitter user suggested Twitter should buy SVB and become a digital bank, Elon Musk, who now owns the social media platform, seemed to agree with the plan.</p><p>“I’m open to the idea,” he tweeted.</p><p>Commenting on the original tweet, Dogecoin co-founder Billy Markus said, “Elon Musk would be like ‘y’all are worried about contagion from SVB? I AM the contagion!’” Others chimed in as well.</p><p>A Twitter user pointed to the fact that SVB operated in only a few countries and doesn’t possess the scale to make a global app like Twitter a digital bank or super app. Another said Twitter should focus on becoming profitable first.</p><p>There were others who backed the plan, suggesting that “Twitter Bank” is a great idea and that it could use Starlink for user-connected terminals trading in digital currency.</p><p>Chanos Chimes In: When money manager Genevieve Roch-Decter asked on Twitter whether Musk should buy SVB, Jim Chanos took potshots at the Tesla CEO.</p><p>“Again, Silicon Valley Bank no longer exists, despite what the World’s Smartest Man thinks/says. It was seized yesterday by the FDIC,” he said. Musk is free to bid on the assets of the bank just like any other investor, he added.</p><p>One Of Many Possibilities: Kobeissi Letter, which provides global capital market commentary, tweeted out several potential outcomes following SVB’s collapse. Among those mentioned were Musk tabling a bid for SVB and Twitter merging with SVB to form a leading payment platform.</p><p><img src=\"https://static.tigerbbs.com/41408f1d6212a2b40b3b73d53ef919b2\" tg-width=\"677\" tg-height=\"516\" width=\"100%\" height=\"auto\"/></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>Would Musk's Twitter Bid For Troubled Silicon Valley Bank? The Billionaire Says He's \"Open To The Idea\"</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\">\nWould Musk's Twitter Bid For Troubled Silicon Valley Bank? The Billionaire Says He's \"Open To The Idea\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2023-03-12 07:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>ZINGER KEY POINTS</p><ul><li>Following SVB's collapse, analysts and economists have begun discussing the way forward.</li><li>Elon Musk's fans think Twitter could lap up the bank and transform into a digital bank.</li></ul><p>The collapse of SVB Financial Group’s Silicon Valley Bank and the way forward has been the talk of the town ever since the crisis came to light.</p><p>Musk Is Interested: When a Twitter user suggested Twitter should buy SVB and become a digital bank, Elon Musk, who now owns the social media platform, seemed to agree with the plan.</p><p>“I’m open to the idea,” he tweeted.</p><p>Commenting on the original tweet, Dogecoin co-founder Billy Markus said, “Elon Musk would be like ‘y’all are worried about contagion from SVB? I AM the contagion!’” Others chimed in as well.</p><p>A Twitter user pointed to the fact that SVB operated in only a few countries and doesn’t possess the scale to make a global app like Twitter a digital bank or super app. Another said Twitter should focus on becoming profitable first.</p><p>There were others who backed the plan, suggesting that “Twitter Bank” is a great idea and that it could use Starlink for user-connected terminals trading in digital currency.</p><p>Chanos Chimes In: When money manager Genevieve Roch-Decter asked on Twitter whether Musk should buy SVB, Jim Chanos took potshots at the Tesla CEO.</p><p>“Again, Silicon Valley Bank no longer exists, despite what the World’s Smartest Man thinks/says. It was seized yesterday by the FDIC,” he said. Musk is free to bid on the assets of the bank just like any other investor, he added.</p><p>One Of Many Possibilities: Kobeissi Letter, which provides global capital market commentary, tweeted out several potential outcomes following SVB’s collapse. Among those mentioned were Musk tabling a bid for SVB and Twitter merging with SVB to form a leading payment platform.</p><p><img src=\"https://static.tigerbbs.com/41408f1d6212a2b40b3b73d53ef919b2\" tg-width=\"677\" tg-height=\"516\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161683354","content_text":"ZINGER KEY POINTSFollowing SVB's collapse, analysts and economists have begun discussing the way forward.Elon Musk's fans think Twitter could lap up the bank and transform into a digital bank.The collapse of SVB Financial Group’s Silicon Valley Bank and the way forward has been the talk of the town ever since the crisis came to light.Musk Is Interested: When a Twitter user suggested Twitter should buy SVB and become a digital bank, Elon Musk, who now owns the social media platform, seemed to agree with the plan.“I’m open to the idea,” he tweeted.Commenting on the original tweet, Dogecoin co-founder Billy Markus said, “Elon Musk would be like ‘y’all are worried about contagion from SVB? I AM the contagion!’” Others chimed in as well.A Twitter user pointed to the fact that SVB operated in only a few countries and doesn’t possess the scale to make a global app like Twitter a digital bank or super app. Another said Twitter should focus on becoming profitable first.There were others who backed the plan, suggesting that “Twitter Bank” is a great idea and that it could use Starlink for user-connected terminals trading in digital currency.Chanos Chimes In: When money manager Genevieve Roch-Decter asked on Twitter whether Musk should buy SVB, Jim Chanos took potshots at the Tesla CEO.“Again, Silicon Valley Bank no longer exists, despite what the World’s Smartest Man thinks/says. It was seized yesterday by the FDIC,” he said. Musk is free to bid on the assets of the bank just like any other investor, he added.One Of Many Possibilities: Kobeissi Letter, which provides global capital market commentary, tweeted out several potential outcomes following SVB’s collapse. Among those mentioned were Musk tabling a bid for SVB and Twitter merging with SVB to form a leading payment platform.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949670623,"gmtCreate":1678664654163,"gmtModify":1678664657992,"author":{"id":"3582192196234738","authorId":"3582192196234738","name":"Penthon","avatar":"https://static.tigerbbs.com/5f9fe77bd547ced80b3a9f115de46ca8","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Fall","listText":"Fall","text":"Fall","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9949670623","repostId":"2318778137","repostType":2,"repost":{"id":"2318778137","pubTimestamp":1678661775,"share":"https://www.laohu8.com/m/news/2318778137?lang=&edition=full","pubTime":"2023-03-13 06:56","market":"us","language":"en","title":"SVB Fallout, Inflation, Retail Sales: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2318778137","media":"Yahoo Finance","summary":"Two key economic data points ahead of the Federal Reserve's next policy meeting will greet investors","content":"<html><head></head><body><p>Two key economic data points ahead of the Federal Reserve's next policy meeting will greet investors in the week ahead as the eyes of the investing public — and beyond — will remain locked on the latest developments in the fallout from Silicon Valley Bank's collapse last week.</p><p>The February Consumer Price Index (CPI) on Tuesday and the February read on retail sales out Wednesday morning will likely firm up investor expectations for the Fed's next policy move.</p><p>Consensus forecasts are calling for CPI to rise 6% over last year on a headline basis and 5.5% on a "core" basis in February, according to data from Trading Economics. A 6% increase in inflation would mark the slowest annual increase in consumer prices since September 2021.</p><p>Investor focus on the Fed's next steps, however, has been usurped as the top focus for investors in recent days with Friday's shock collapse of Silicon Valley Bank and fears over what the second-largest bank failure in U.S. history could mean for the broader financial system.</p><p>How futures open Sunday evening and what follow-through, if any, there is into Monday's trading session will be crucial in setting the tone for the coming week. And it will provide a clue as to whether investors agree with many initial reactions to Silicon Valley Bank's collapse — namely, that this represents a unique failure rather than the beginning of something larger.</p><p>As Yahoo Finance's Jennifer Schonberger reported Friday, TD Cowen analyst Jaret Seiberg wrote Friday that the firm does "not see this as the start of a broader threat to the safety and soundness of the banking system."</p><p>"Much like Silvergate (SI), Silicon Valley had a unique business model that was less dependent on retail deposits than a traditional bank," Seiberg added. "This left the bank more exposed to interest rate risk as its funding got more expensive, but its assets were not repricing higher."</p><p><img src=\"https://community-static.tradeup.com/news/c89abfc9d493bca3bc89f7710594145b\" tg-width=\"5500\" tg-height=\"3667\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>A view of the Park Avenue location of Silicon Valley Bank (SVB), in New York City, U.S., March 10, 2023. REUTERS/David 'Dee' Delgado</p><p>David Dee Delgado / reuters</p><p>In a note to clients published Friday, Kabir Caprihan, an analyst at JPMorgan, echoed much of this sentiment, writing: "At the outset, we don’t believe [Silicon Valley Bank's collapse] to be systemic, but it does reflect some of the structural issues that we highlighted in our outlook and what drove our Underweight on regional banks."</p><p>The scale and particular challenges that took down Silicon Valley Bank are unique — its exposure to the cash-burning tech world most punished by investors during the Fed's rate-hiking campaign being at the top of this list. But the general story of a surge in deposits in 2021, outflows in recent months, and losses in securities portfolios is likely to challenge some regional banks in the near term.</p><p>A Bloomberg report late Saturday said the FDIC — which took control of the bank on Friday morning — was working to make whole a portion of uninsured deposits held with the bank, with the outlet reporting payments between 30% and 50% of deposits were being discussed.</p><p>Officials from the Fed and FDIC have also discussed establishing a fund to backstop deposits from other institutions that might face a crisis similar to what took down Silicon Valley Bank in the coming weeks, Bloomberg reported. Across the Atlantic, UK finance minister Jeremy Hunt said the British government has been working to ensure any UK firm's facing cash needs from SVB's failure "are able to meet their cashflow requirements to pay their staff."</p><p>Semafor reported over the weekend hedge funds have been reaching out to startups with cash stuck at Silicon Valley Bank with offers to buy their deposits at a discount, as some companies face a cash crunch with payroll looming and a potentially long road ahead to being made whole on money deposited with the failed bank.</p><p>This comes as regulators feel out buyers for Silicon Valley Bank as well as the wealth management, investment, and securities business housed under the bank's former parent company, SVB Financial (SIVB). Employees of the failed Silicon Valley Bank will remain employed for 45 days before being let go, Bloomberg reported Saturday.</p><p>The FDIC's latest update on the situation as of Saturday evening said: "All depositors will have full access to their insured deposits no later than Monday morning, March 13, 2023. The FDIC will pay uninsured depositors an advance dividend within the next week."</p><p>The FDIC added: "Uninsured depositors will receive a receivership certificate for the remaining amount of their uninsured funds. As the FDIC sells the assets of Silicon Valley Bank, future dividend payments may be made to uninsured depositors."</p><p>"The circumstances of the Silicon Valley Bank collapse are unique enough that it probably won't trigger a widespread financial contagion," wrote Paul Ashworth, chief North America economist at Capital Economics. "Nevertheless, it is a timely reminder that when the Fed is singularly focused on squeezing inflation by jacking up interest rates – it often ends up breaking things."</p><p>—</p><h3>Economic Calendar</h3><p><b>Monday</b>: No major economic releases scheduled.</p><p><b>Tuesday</b>: Consumer Price Index, year-over-year, February (+6% expected vs. +6.4% in January); Consumer Price Index, month-over-month, February (+0.4% expected vs. +0.5% in January); "Core" CPI, year-over-year, February (+5.5% expected vs. 5.6% in January); "Core" CPI, month-over-month, February (+0.4% expected vs. +0.4% in January)</p><p><b>Wednesday</b>: MBA Mortgage Applications; Producer prices, year-over-year, February (+5.4% expected vs. 6% in January); Producer prices, month-over-month, February (+0.3% expected vs. +0.7% in January); "Core" PPI, year-over-year, February (+5.2% expected vs. +5.4% in January); "Core" PPI, month-over-month, February (+0.4% expected vs. 0.4% in January); Retail sales, month-over-month, February (-0.3% expected vs. +3% in January); NAHB Home Builder Sentiment, March (42 expected vs. 42 in February)</p><p><b>Thursday</b>: Building permits, February (1.238 million annualized rate vs. 1.339 million in January); Housing starts, February (1.31 million annualized rate vs. 1.309 million in January); Initial jobless claims (205,000 expected vs. 211,000 last week); Philly Fed manufacturing survey</p><p><b>Friday</b>: Industrial production, February (+0.4% expected vs. 0% in January); University of Michigan consumer sentiment, preliminary March reading</p><p>—</p><h3>Earnings Calendar</h3><p><b>Monday</b>: GitLab (GTLB)</p><p><b>Tuesday</b>: Lennar (LEN); Guess (GES); SentinelOne (S); <a href=\"https://laohu8.com/S/STNE\">StoneCo</a> (STNE)</p><p><b>Wednesday</b>: <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> (ADBE); Oatly (OTLY); <a href=\"https://laohu8.com/S/PATH\">UiPath</a> (PATH); <a href=\"https://laohu8.com/S/FIVE\">Five Below</a> (FIVE)</p><p><b>Thursday</b>: FedEx (FDX); Dollar General (DG); G-III Apparel (GIII); Jabil (JBL); Signet Jewelers (<a href=\"https://laohu8.com/S/SHI.UK\">SIG</a>); Academy Sports (ASO); Williams-Sonoma (WSM); Traeger (COOK)</p><p><b>Friday</b>: <i>No notable earnings set for release.</i></p></body></html>","source":"yahoofinance_sg","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SVB Fallout, Inflation, Retail Sales: What to Know This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nSVB Fallout, Inflation, Retail Sales: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-13 06:56 GMT+8 <a href=https://finance.yahoo.com/news/svb-fallout-inflation-retail-sales-what-to-know-this-week-134712538.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two key economic data points ahead of the Federal Reserve's next policy meeting will greet investors in the week ahead as the eyes of the investing public — and beyond — will remain locked on the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/svb-fallout-inflation-retail-sales-what-to-know-this-week-134712538.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/svb-fallout-inflation-retail-sales-what-to-know-this-week-134712538.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318778137","content_text":"Two key economic data points ahead of the Federal Reserve's next policy meeting will greet investors in the week ahead as the eyes of the investing public — and beyond — will remain locked on the latest developments in the fallout from Silicon Valley Bank's collapse last week.The February Consumer Price Index (CPI) on Tuesday and the February read on retail sales out Wednesday morning will likely firm up investor expectations for the Fed's next policy move.Consensus forecasts are calling for CPI to rise 6% over last year on a headline basis and 5.5% on a \"core\" basis in February, according to data from Trading Economics. A 6% increase in inflation would mark the slowest annual increase in consumer prices since September 2021.Investor focus on the Fed's next steps, however, has been usurped as the top focus for investors in recent days with Friday's shock collapse of Silicon Valley Bank and fears over what the second-largest bank failure in U.S. history could mean for the broader financial system.How futures open Sunday evening and what follow-through, if any, there is into Monday's trading session will be crucial in setting the tone for the coming week. And it will provide a clue as to whether investors agree with many initial reactions to Silicon Valley Bank's collapse — namely, that this represents a unique failure rather than the beginning of something larger.As Yahoo Finance's Jennifer Schonberger reported Friday, TD Cowen analyst Jaret Seiberg wrote Friday that the firm does \"not see this as the start of a broader threat to the safety and soundness of the banking system.\"\"Much like Silvergate (SI), Silicon Valley had a unique business model that was less dependent on retail deposits than a traditional bank,\" Seiberg added. \"This left the bank more exposed to interest rate risk as its funding got more expensive, but its assets were not repricing higher.\"A view of the Park Avenue location of Silicon Valley Bank (SVB), in New York City, U.S., March 10, 2023. REUTERS/David 'Dee' DelgadoDavid Dee Delgado / reutersIn a note to clients published Friday, Kabir Caprihan, an analyst at JPMorgan, echoed much of this sentiment, writing: \"At the outset, we don’t believe [Silicon Valley Bank's collapse] to be systemic, but it does reflect some of the structural issues that we highlighted in our outlook and what drove our Underweight on regional banks.\"The scale and particular challenges that took down Silicon Valley Bank are unique — its exposure to the cash-burning tech world most punished by investors during the Fed's rate-hiking campaign being at the top of this list. But the general story of a surge in deposits in 2021, outflows in recent months, and losses in securities portfolios is likely to challenge some regional banks in the near term.A Bloomberg report late Saturday said the FDIC — which took control of the bank on Friday morning — was working to make whole a portion of uninsured deposits held with the bank, with the outlet reporting payments between 30% and 50% of deposits were being discussed.Officials from the Fed and FDIC have also discussed establishing a fund to backstop deposits from other institutions that might face a crisis similar to what took down Silicon Valley Bank in the coming weeks, Bloomberg reported. Across the Atlantic, UK finance minister Jeremy Hunt said the British government has been working to ensure any UK firm's facing cash needs from SVB's failure \"are able to meet their cashflow requirements to pay their staff.\"Semafor reported over the weekend hedge funds have been reaching out to startups with cash stuck at Silicon Valley Bank with offers to buy their deposits at a discount, as some companies face a cash crunch with payroll looming and a potentially long road ahead to being made whole on money deposited with the failed bank.This comes as regulators feel out buyers for Silicon Valley Bank as well as the wealth management, investment, and securities business housed under the bank's former parent company, SVB Financial (SIVB). Employees of the failed Silicon Valley Bank will remain employed for 45 days before being let go, Bloomberg reported Saturday.The FDIC's latest update on the situation as of Saturday evening said: \"All depositors will have full access to their insured deposits no later than Monday morning, March 13, 2023. The FDIC will pay uninsured depositors an advance dividend within the next week.\"The FDIC added: \"Uninsured depositors will receive a receivership certificate for the remaining amount of their uninsured funds. As the FDIC sells the assets of Silicon Valley Bank, future dividend payments may be made to uninsured depositors.\"\"The circumstances of the Silicon Valley Bank collapse are unique enough that it probably won't trigger a widespread financial contagion,\" wrote Paul Ashworth, chief North America economist at Capital Economics. \"Nevertheless, it is a timely reminder that when the Fed is singularly focused on squeezing inflation by jacking up interest rates – it often ends up breaking things.\"—Economic CalendarMonday: No major economic releases scheduled.Tuesday: Consumer Price Index, year-over-year, February (+6% expected vs. +6.4% in January); Consumer Price Index, month-over-month, February (+0.4% expected vs. +0.5% in January); \"Core\" CPI, year-over-year, February (+5.5% expected vs. 5.6% in January); \"Core\" CPI, month-over-month, February (+0.4% expected vs. +0.4% in January)Wednesday: MBA Mortgage Applications; Producer prices, year-over-year, February (+5.4% expected vs. 6% in January); Producer prices, month-over-month, February (+0.3% expected vs. +0.7% in January); \"Core\" PPI, year-over-year, February (+5.2% expected vs. +5.4% in January); \"Core\" PPI, month-over-month, February (+0.4% expected vs. 0.4% in January); Retail sales, month-over-month, February (-0.3% expected vs. +3% in January); NAHB Home Builder Sentiment, March (42 expected vs. 42 in February)Thursday: Building permits, February (1.238 million annualized rate vs. 1.339 million in January); Housing starts, February (1.31 million annualized rate vs. 1.309 million in January); Initial jobless claims (205,000 expected vs. 211,000 last week); Philly Fed manufacturing surveyFriday: Industrial production, February (+0.4% expected vs. 0% in January); University of Michigan consumer sentiment, preliminary March reading—Earnings CalendarMonday: GitLab (GTLB)Tuesday: Lennar (LEN); Guess (GES); SentinelOne (S); StoneCo (STNE)Wednesday: Adobe (ADBE); Oatly (OTLY); UiPath (PATH); Five Below (FIVE)Thursday: FedEx (FDX); Dollar General (DG); G-III Apparel (GIII); Jabil (JBL); Signet Jewelers (SIG); Academy Sports (ASO); Williams-Sonoma (WSM); Traeger (COOK)Friday: No notable earnings set for release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}