Jloong personal page - To The Moon

Jloong

Jloong

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2022-11-18

I would like to thanks tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.

04-27 22:14

Gooddddddddfdddddddddddddddddddddf

@jace0777:I closed $PINS 20240426 34.0 CALL$ ,⚙️ covered call play on PINS wheeling worked out well this week. Securing full credit upon expiry! On to the next week.

04-27 22:14

Good and nice nice nice

02-13

$Tiger Brokers(TIGR)$ nice

02-02

$CLSK 20240202 8.5 CALL$ ooooooo9oooo9oooooooooo

02-01

$Apple(AAPL)$ good

01-23

$SPDR Portfolio S&P 500 Growth ETF(SPYG)$ o o o o o o

01-19

$CleanSpark, Inc.(CLSK)$ lose lose

01-19

$CLSK 20240119 8.0 CALL$ oo

01-19

$CLSK 20240119 8.0 CALL$ o

01-16

$SPDR Portfolio S&P 500 Growth ETF(SPYG)$

01-13

Oiiuutttreeeerreee

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

01-13

Yuuyyyuyhyhuhhuhuhuhuhhh

01-12

Eeeeeeeeeex

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

01-12

Gggrrrrryyyyyuuuuuuuuuuu

01-11

Wqwwwwweeuuuuuuuweerrt

01-11

Gggtrrredee

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

01-11

Htttrgfrftggrrddefffttt

01-10

Dcfhgtffffffgddeerr

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

01-10

Jjhhhhhhhhjjjjjjjjjj

01-09

Cccccccc

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

Go to Tiger App to see more news

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would like to thanks&nbsp;tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.","listText":"I would like to thanks&nbsp;tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.","text":"I would like to thanks tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.","images":[],"top":2,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":2,"link":"https://ttm.financial/post/9963270123","isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"content":"I would like to thanks tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.","text":"I would like to thanks tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.","html":"I would like to thanks tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299859027534064,"gmtCreate":1714227286885,"gmtModify":1714227290736,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Gooddddddddfdddddddddddddddddddddf","listText":"Gooddddddddfdddddddddddddddddddddf","text":"Gooddddddddfdddddddddddddddddddddf","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299859027534064","repostId":"299811630428392","repostType":1,"repost":{"id":299811630428392,"gmtCreate":1714215708351,"gmtModify":1714229402108,"author":{"id":"4121030739638162","authorId":"4121030739638162","name":"jace0777","avatar":"https://community-static.tradeup.com/news/ab091d01808735480e16e2dfd3a8a78f","crmLevel":6,"crmLevelSwitch":1},"themes":[],"htmlText":"I closed <a href=\"https://ttm.financial/OPT/PINS 20240426 34.0 CALL\">$PINS 20240426 34.0 CALL$&nbsp;</a> ,⚙️ covered call play on PINS wheeling worked out well this week. Securing full credit upon expiry! On to the next week.","listText":"I closed <a href=\"https://ttm.financial/OPT/PINS 20240426 34.0 CALL\">$PINS 20240426 34.0 CALL$&nbsp;</a> ,⚙️ covered call play on PINS wheeling worked out well this week. Securing full credit upon expiry! On to the next week.","text":"I closed $PINS 20240426 34.0 CALL$ ,⚙️ covered call play on PINS wheeling worked out well this week. Securing full credit upon expiry! On to the next week.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299811630428392","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299858875465768,"gmtCreate":1714227247749,"gmtModify":1714227251779,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Good and nice nice nice","listText":"Good and nice nice nice","text":"Good and nice nice nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":292,"commentSize":6,"repostSize":72,"link":"https://ttm.financial/post/299858875465768","isVote":1,"tweetType":1,"viewCount":2888,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273598032527640,"gmtCreate":1707834190166,"gmtModify":1708589802504,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>nice","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>nice","text":"$Tiger Brokers(TIGR)$ nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273598032527640","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":269731439726768,"gmtCreate":1706861352022,"gmtModify":1706861355416,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/CLSK 20240202 8.5 CALL\">$CLSK 20240202 8.5 CALL$ </a> ooooooo9oooo9oooooooooo","listText":"<a href=\"https://ttm.financial/OPT/CLSK 20240202 8.5 CALL\">$CLSK 20240202 8.5 CALL$ </a> ooooooo9oooo9oooooooooo","text":"$CLSK 20240202 8.5 CALL$ ooooooo9oooo9oooooooooo","images":[{"img":"https://community-static.tradeup.com/news/794daeb77a8be249e6c660f59971f69e","width":"588","height":"1072"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269731439726768","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":269174800040096,"gmtCreate":1706751146112,"gmtModify":1706751148606,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v> good&nbsp;","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$&nbsp;</a><v-v data-views=\"1\"></v-v> good&nbsp;","text":"$Apple(AAPL)$ good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269174800040096","isVote":1,"tweetType":1,"viewCount":242,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":266033766023328,"gmtCreate":1705970085202,"gmtModify":1705970088370,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SPYG\">$SPDR Portfolio S&amp;P 500 Growth ETF(SPYG)$&nbsp;</a>o o o o o o","listText":"<a href=\"https://ttm.financial/S/SPYG\">$SPDR Portfolio S&amp;P 500 Growth ETF(SPYG)$&nbsp;</a>o o o o o o","text":"$SPDR Portfolio S&P 500 Growth ETF(SPYG)$ o o o o o o","images":[{"img":"https://community-static.tradeup.com/news/82b73d5fb5ee12139094ae5482ae3037","width":"618","height":"1066"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266033766023328","isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":264761775050768,"gmtCreate":1705663126734,"gmtModify":1705663129563,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/CLSK\">$CleanSpark, Inc.(CLSK)$&nbsp;</a>lose lose","listText":"<a href=\"https://ttm.financial/S/CLSK\">$CleanSpark, Inc.(CLSK)$&nbsp;</a>lose lose","text":"$CleanSpark, Inc.(CLSK)$ lose lose","images":[{"img":"https://community-static.tradeup.com/news/50c8468702375048e6fde12a138455d2","width":"618","height":"1066"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264761775050768","isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":264761507537024,"gmtCreate":1705663079305,"gmtModify":1705663082346,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/CLSK 20240119 8.0 CALL\">$CLSK 20240119 8.0 CALL$&nbsp;</a>oo","listText":"<a href=\"https://ttm.financial/OPT/CLSK 20240119 8.0 CALL\">$CLSK 20240119 8.0 CALL$&nbsp;</a>oo","text":"$CLSK 20240119 8.0 CALL$ 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Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262313230270600,"gmtCreate":1705075510996,"gmtModify":1705075515579,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Yuuyyyuyhyhuhhuhuhuhuhhh","listText":"Yuuyyyuyhyhuhhuhuhuhuhhh","text":"Yuuyyyuyhyhuhhuhuhuhuhhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262313230270600","isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262104129568840,"gmtCreate":1705025211381,"gmtModify":1705025215479,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Eeeeeeeeeex","listText":"Eeeeeeeeeex","text":"Eeeeeeeeeex","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262104129568840","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262104743649304,"gmtCreate":1705025162098,"gmtModify":1705025166772,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Gggrrrrryyyyyuuuuuuuuuuu","listText":"Gggrrrrryyyyyuuuuuuuuuuu","text":"Gggrrrrryyyyyuuuuuuuuuuu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262104743649304","isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261837385257016,"gmtCreate":1704935489346,"gmtModify":1704935493613,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Wqwwwwweeuuuuuuuweerrt","listText":"Wqwwwwweeuuuuuuuweerrt","text":"Wqwwwwweeuuuuuuuweerrt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261837385257016","isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261836585697440,"gmtCreate":1704935404870,"gmtModify":1704935408674,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Gggtrrredee","listText":"Gggtrrredee","text":"Gggtrrredee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261836585697440","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261836403335216,"gmtCreate":1704935375985,"gmtModify":1704937585432,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Htttrgfrftggrrddefffttt","listText":"Htttrgfrftggrrddefffttt","text":"Htttrgfrftggrrddefffttt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261836403335216","isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261471149412592,"gmtCreate":1704846093913,"gmtModify":1704846097784,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Dcfhgtffffffgddeerr","listText":"Dcfhgtffffffgddeerr","text":"Dcfhgtffffffgddeerr","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261471149412592","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261470582710320,"gmtCreate":1704846064310,"gmtModify":1704846068630,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Jjhhhhhhhhjjjjjjjjjj","listText":"Jjhhhhhhhhjjjjjjjjjj","text":"Jjhhhhhhhhjjjjjjjjjj","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261470582710320","isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261125833990392,"gmtCreate":1704761939945,"gmtModify":1704761943858,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Cccccccc","listText":"Cccccccc","text":"Cccccccc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261125833990392","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":299858875465768,"gmtCreate":1714227247749,"gmtModify":1714227251779,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Good and nice nice nice","listText":"Good and nice nice nice","text":"Good and nice nice nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":292,"commentSize":6,"repostSize":72,"link":"https://ttm.financial/post/299858875465768","isVote":1,"tweetType":1,"viewCount":2888,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":264760496468152,"gmtCreate":1705663027869,"gmtModify":1705982342351,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/CLSK 20240119 8.0 CALL\">$CLSK 20240119 8.0 CALL$&nbsp;</a>o","listText":"<a href=\"https://ttm.financial/OPT/CLSK 20240119 8.0 CALL\">$CLSK 20240119 8.0 CALL$&nbsp;</a>o","text":"$CLSK 20240119 8.0 CALL$ o","images":[{"img":"https://community-static.tradeup.com/news/739058f318b461ab4d7b20373a1efd40","width":"618","height":"1066"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":151,"commentSize":1,"repostSize":4,"link":"https://ttm.financial/post/264760496468152","isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9963270123,"gmtCreate":1668702175663,"gmtModify":1676538099993,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"I would like to thanks&nbsp;tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.","listText":"I would like to thanks&nbsp;tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.","text":"I would like to thanks tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":2,"link":"https://ttm.financial/post/9963270123","isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"content":"I would like to thanks tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.","text":"I would like to thanks tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us.","html":"I would like to thanks tiger earnings coins , created more reward.Every times able to redeem and use it as a vouchers. This is good and benefits to us."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957750896,"gmtCreate":1677563205116,"gmtModify":1677563209900,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Amazon (AMZN) founder Jeff Bezos is reportedly evaluating a potential bid for the Washington Commanders. Current owner Dan Syder is seeking roughly seven billion dollars for the NFL franchise, according to reports. Snyder’s asking price would set a new record for the highest sports sale ever, trumping the Denver Broncos $4.65 billion sale last year. But there could still be a case for why the Commanders are worth the price. There’s the obvious point that many think owning an NFL team is fun and beneficial to their image. Jerry Jones told Yahoo Finance in September that he wouldn’t sell the Dallas Cowboys for $10 billion. But there’s also underlying value.","listText":"Amazon (AMZN) founder Jeff Bezos is reportedly evaluating a potential bid for the Washington Commanders. Current owner Dan Syder is seeking roughly seven billion dollars for the NFL franchise, according to reports. Snyder’s asking price would set a new record for the highest sports sale ever, trumping the Denver Broncos $4.65 billion sale last year. But there could still be a case for why the Commanders are worth the price. There’s the obvious point that many think owning an NFL team is fun and beneficial to their image. Jerry Jones told Yahoo Finance in September that he wouldn’t sell the Dallas Cowboys for $10 billion. But there’s also underlying value.","text":"Amazon (AMZN) founder Jeff Bezos is reportedly evaluating a potential bid for the Washington Commanders. Current owner Dan Syder is seeking roughly seven billion dollars for the NFL franchise, according to reports. Snyder’s asking price would set a new record for the highest sports sale ever, trumping the Denver Broncos $4.65 billion sale last year. But there could still be a case for why the Commanders are worth the price. There’s the obvious point that many think owning an NFL team is fun and beneficial to their image. Jerry Jones told Yahoo Finance in September that he wouldn’t sell the Dallas Cowboys for $10 billion. But there’s also underlying value.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":33,"commentSize":41,"repostSize":0,"link":"https://ttm.financial/post/9957750896","isVote":1,"tweetType":1,"viewCount":1261,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274729249414","authorId":"3479274729249414","name":"shining87","avatar":"https://static.tigerbbs.com/5bf66adf345386a8038216f81abb5793","crmLevel":1,"crmLevelSwitch":0},"content":"Amazon has a wide moat of services that will make them more efficient and more profitable going forward.","text":"Amazon has a wide moat of services that will make them more efficient and more profitable going forward.","html":"Amazon has a wide moat of services that will make them more efficient and more profitable going forward."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948682324,"gmtCreate":1680698432368,"gmtModify":1680698437753,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"K//<a href=\"https://laohu8.com/U/4090411470909060\">@Keytono</a>: I expected nio price to stay low as interest rate rise. Usually most investor will put their money in more premium stock like TSLA. Asthe bank breaks down, more money is withdrawn out of bank and into these premium stocks. That's why, stocks like nio which have a lower contribution to the index will have lower investment.","listText":"K//<a href=\"https://laohu8.com/U/4090411470909060\">@Keytono</a>: I expected nio price to stay low as interest rate rise. Usually most investor will put their money in more premium stock like TSLA. Asthe bank breaks down, more money is withdrawn out of bank and into these premium stocks. That's why, stocks like nio which have a lower contribution to the index will have lower investment.","text":"K//@Keytono: I expected nio price to stay low as interest rate rise. Usually most investor will put their money in more premium stock like TSLA. Asthe bank breaks down, more money is withdrawn out of bank and into these premium stocks. That's why, stocks like nio which have a lower contribution to the index will have lower investment.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":37,"commentSize":37,"repostSize":0,"link":"https://ttm.financial/post/9948682324","repostId":"9948683889","repostType":1,"repost":{"id":9948683889,"gmtCreate":1680697637341,"gmtModify":1680698096313,"author":{"id":"4090411470909060","authorId":"4090411470909060","name":"Keytono","avatar":"https://static.tigerbbs.com/3f4924f8f423d7d16eddf8c33ab01044","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"I expected nio price to stay low as interest rate rise. Usually most investor will put their money in more premium stock like TSLA. Asthe bank breaks down, more money is withdrawn out of bank and into these premium stocks. That's why, stocks like nio which have a lower contribution to the index will have lower investment.","listText":"I expected nio price to stay low as interest rate rise. Usually most investor will put their money in more premium stock like TSLA. Asthe bank breaks down, more money is withdrawn out of bank and into these premium stocks. That's why, stocks like nio which have a lower contribution to the index will have lower investment.","text":"I expected nio price to stay low as interest rate rise. Usually most investor will put their money in more premium stock like TSLA. Asthe bank breaks down, more money is withdrawn out of bank and into these premium stocks. That's why, stocks like nio which have a lower contribution to the index will have lower investment.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948683889","repostId":"1136356845","repostType":2,"repost":{"id":"1136356845","pubTimestamp":1680693460,"share":"https://www.laohu8.com/m/news/1136356845?lang=&edition=full","pubTime":"2023-04-05 19:17","market":"hk","language":"en","title":"Don’t Fall for the NIO Stock Hype","url":"https://stock-news.laohu8.com/highlight/detail?id=1136356845","media":"InvestorPlace","summary":"Nio (NIO) may be overextending itself by venturing into the electric vehicle (EV) charging market.Fu","content":"<html><head></head><body><ul><li><p><strong>Nio</strong> (<strong><u>NIO</u></strong>) may be overextending itself by venturing into the electric vehicle (EV) charging market.</p></li><li><p>Furthermore, Nio’s management projected very strong EV sales growth, which would be challenging to achieve.</p></li><li><p>Investors should remain wary of NIO stock for the time being.</p></li></ul><p>Some financial traders may have great expectations for China-based electric vehicle manufacturer <strong>Nio</strong> (NYSE: <strong><u>NIO</u></strong>) in 2023. Yet, it’s wise to be cautious with NIO stock.</p><p style=\"text-align: start;\">The automaker may be overly optimistic, and building a network of battery swapping stations might or might not be a successful venture for Nio.</p><p style=\"text-align: start;\">Last year, Nio had to deal with on-and-off Covid-19 lockdowns in China and fierce competition in the EV industry. The lockdowns might not be a factor in 2023, but don’t count on Nio’s rivals backing down.</p><p style=\"text-align: start;\">Don’t get the wrong idea – Nio’s isn’t going bankrupt or shutting down, but investors should maintain realistic expectations for the company.</p><h2 style=\"text-align: start;\">Investors Should Be Concerned About Very Confident Projection</h2><p style=\"text-align: start;\">NIO stock, which once traded at $62, is currently worth only $10 and change. Clearly, Nio’s shareholders are hoping for a positive catalyst. Did Chief Financial Officer Steven Feng just give them one? Or, did he only set them up for disappointment?</p><p style=\"text-align: start;\">Recently, Feng declared Nio is “very confident” that the automaker will sell 250,000 vehicles this year. After Feng made that statement, shares of Nio in Hong Kong surged as much as 8.6%.</p><p style=\"text-align: start;\">It’s not necessarily a good thing when a stock jumps after a grand prediction. Afterwards, the company has to deliver on its promise in order to justify the share-price spike.</p><p style=\"text-align: start;\">Let’s put this in context. Nio delivered a grand total of 122,486 cars in 2022, missing the company’s own target. Yet, somehow they expect investors to believe that Nio will more than double its sales this year.</p><p style=\"text-align: start;\">It’s a setup for possible failure, which could quickly bring NIO stock back down.</p><h2 style=\"text-align: start;\">Battery Swapping Station Venture Might Not Help NIO Stock</h2><p style=\"text-align: start;\">Nio’s management would probably prefer that investors forget about this, but the company recently closed its insurance brokerage subsidiary company because of regulatory problems.</p><p style=\"text-align: start;\">Also, the company’s attempt at marketing a smartphone called the NIO Phone looks like a non-starter.</p><p style=\"text-align: start;\">Most likely, it would be ideal for Nio to just stick to manufacturing vehicles. However, the company is evidently still trying to extend itself into non-core areas. In Nio’s latest venture, the company seeks to gain a foothold in the battery swapping station industry.</p><p style=\"text-align: start;\">Once again, Nio is setting a high bar for itself and this could lead to another failure. Reportedly, Nio hopes to establish 2,300 battery swapping stations by the end of 2023.</p><p style=\"text-align: start;\">Remember, Nio is doing this during a time when the automaker isn’t in great financial shape.</p><p style=\"text-align: start;\">Nio incurred a net earnings loss of $838.9 million (51 cents per share) during 2022’s fourth quarter. That loss was nearly twice as much as Wall Street had expected (around 26 cents per share) and was a 169.9% deeper net loss than the one reported in the year-earlier quarter.</p><h2 style=\"text-align: start;\">What You Can Do Now</h2><p style=\"text-align: start;\">Sometimes, confidence can help a business; other times, it can be detrimental. Nio’s shareholders should focus on results more than high hopes. After all, Nio still has to show that its foray into the battery swapping station market will be successful.</p><p style=\"text-align: start;\">Nio’s story is still unfolding, and the company’s management might someday decide to focus solely on manufacturing EVs.</p><p style=\"text-align: start;\">Plus, the company ought to concentrate on achieving a profitable profile, not overextending itself. Therefore, it would be wise for investors to stay cautious with NIO stock.</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>Don’t Fall for the NIO Stock Hype</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\">\nDon’t Fall for the NIO Stock Hype\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/market360/2023/04/dont-fall-for-the-nio-stock-hype/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio (NIO) may be overextending itself by venturing into the electric vehicle (EV) charging market.Furthermore, Nio’s management projected very strong EV sales growth, which would be challenging to ...</p>\n\n<a href=\"https://investorplace.com/market360/2023/04/dont-fall-for-the-nio-stock-hype/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","09866":"蔚来-SW","NIO.SI":"蔚来"},"source_url":"https://investorplace.com/market360/2023/04/dont-fall-for-the-nio-stock-hype/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136356845","content_text":"Nio (NIO) may be overextending itself by venturing into the electric vehicle (EV) charging market.Furthermore, Nio’s management projected very strong EV sales growth, which would be challenging to achieve.Investors should remain wary of NIO stock for the time being.Some financial traders may have great expectations for China-based electric vehicle manufacturer Nio (NYSE: NIO) in 2023. Yet, it’s wise to be cautious with NIO stock.The automaker may be overly optimistic, and building a network of battery swapping stations might or might not be a successful venture for Nio.Last year, Nio had to deal with on-and-off Covid-19 lockdowns in China and fierce competition in the EV industry. The lockdowns might not be a factor in 2023, but don’t count on Nio’s rivals backing down.Don’t get the wrong idea – Nio’s isn’t going bankrupt or shutting down, but investors should maintain realistic expectations for the company.Investors Should Be Concerned About Very Confident ProjectionNIO stock, which once traded at $62, is currently worth only $10 and change. Clearly, Nio’s shareholders are hoping for a positive catalyst. Did Chief Financial Officer Steven Feng just give them one? Or, did he only set them up for disappointment?Recently, Feng declared Nio is “very confident” that the automaker will sell 250,000 vehicles this year. After Feng made that statement, shares of Nio in Hong Kong surged as much as 8.6%.It’s not necessarily a good thing when a stock jumps after a grand prediction. Afterwards, the company has to deliver on its promise in order to justify the share-price spike.Let’s put this in context. Nio delivered a grand total of 122,486 cars in 2022, missing the company’s own target. Yet, somehow they expect investors to believe that Nio will more than double its sales this year.It’s a setup for possible failure, which could quickly bring NIO stock back down.Battery Swapping Station Venture Might Not Help NIO StockNio’s management would probably prefer that investors forget about this, but the company recently closed its insurance brokerage subsidiary company because of regulatory problems.Also, the company’s attempt at marketing a smartphone called the NIO Phone looks like a non-starter.Most likely, it would be ideal for Nio to just stick to manufacturing vehicles. However, the company is evidently still trying to extend itself into non-core areas. In Nio’s latest venture, the company seeks to gain a foothold in the battery swapping station industry.Once again, Nio is setting a high bar for itself and this could lead to another failure. Reportedly, Nio hopes to establish 2,300 battery swapping stations by the end of 2023.Remember, Nio is doing this during a time when the automaker isn’t in great financial shape.Nio incurred a net earnings loss of $838.9 million (51 cents per share) during 2022’s fourth quarter. That loss was nearly twice as much as Wall Street had expected (around 26 cents per share) and was a 169.9% deeper net loss than the one reported in the year-earlier quarter.What You Can Do NowSometimes, confidence can help a business; other times, it can be detrimental. Nio’s shareholders should focus on results more than high hopes. After all, Nio still has to show that its foray into the battery swapping station market will be successful.Nio’s story is still unfolding, and the company’s management might someday decide to focus solely on manufacturing EVs.Plus, the company ought to concentrate on achieving a profitable profile, not overextending itself. Therefore, it would be wise for investors to stay cautious with NIO stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9029542987,"gmtCreate":1652803090950,"gmtModify":1676535165022,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"SummaryTesla's stock has suffered as a result of Elon Musk's planned Twitter acquisition and the potential for stock stales.Tesla has also been caught up with the overall tech stock sell-off, there's a cost to be viewed as a tech company.Tesla has the risk of being popular among popular tech workers, which have suffered more heavily than other market workers.","listText":"SummaryTesla's stock has suffered as a result of Elon Musk's planned Twitter acquisition and the potential for stock stales.Tesla has also been caught up with the overall tech stock sell-off, there's a cost to be viewed as a tech company.Tesla has the risk of being popular among popular tech workers, which have suffered more heavily than other market workers.","text":"SummaryTesla's stock has suffered as a result of Elon Musk's planned Twitter acquisition and the potential for stock stales.Tesla has also been caught up with the overall tech stock sell-off, there's a cost to be viewed as a tech company.Tesla has the risk of being popular among popular tech workers, which have suffered more heavily than other market workers.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":19,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9029542987","isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954164055,"gmtCreate":1676117624178,"gmtModify":1676117629241,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"O//<a href=\"https://laohu8.com/U/4109646601429430\">@Bonta</a>:Used to be able to read 1 book a week. Ever since started working, it had been ages since i found time to sit down and chill with a book. Sure miss the time when can sit around in the library and just read whatever i wanted. [Cry] Recent books that i had read on ad hoc basis are mostly related to financial books. One of the books that i would recommend would be “The ultimate guide to real estate investment in singapore” by ismail gafoor. Its a great entry book to sg property market. [Cool]","listText":"O//<a href=\"https://laohu8.com/U/4109646601429430\">@Bonta</a>:Used to be able to read 1 book a week. Ever since started working, it had been ages since i found time to sit down and chill with a book. Sure miss the time when can sit around in the library and just read whatever i wanted. [Cry] Recent books that i had read on ad hoc basis are mostly related to financial books. One of the books that i would recommend would be “The ultimate guide to real estate investment in singapore” by ismail gafoor. Its a great entry book to sg property market. [Cool]","text":"O//@Bonta:Used to be able to read 1 book a week. Ever since started working, it had been ages since i found time to sit down and chill with a book. Sure miss the time when can sit around in the library and just read whatever i wanted. [Cry] Recent books that i had read on ad hoc basis are mostly related to financial books. One of the books that i would recommend would be “The ultimate guide to real estate investment in singapore” by ismail gafoor. Its a great entry book to sg property market. [Cool]","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":16,"commentSize":18,"repostSize":0,"link":"https://ttm.financial/post/9954164055","repostId":"9955614448","repostType":1,"repost":{"id":9955614448,"gmtCreate":1675385712385,"gmtModify":1676538998252,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"🏆[Events]Share Your New Year’s Book List","htmlText":"New Year, New Books, New You! It’s time to start thinking about your New Year’s reading resolutions! Do you want to read more books? Listen to more audiobooks? Clear out your TBR or organize your bookshelves? Come and let's make a New Year's reading plan together.If&nbsp;you want to go on a grand adventure, you should read fantasy! IF you want to take more risks, you should read a thriller! If you want to delve into the unknown, you should read a mystery!If you love investing, you can read some books related to financial investmentToday I would like to invite you to share your New Year’s Book List to win Tiger Coins. you obtain a chance to win a Tiger gift.☀️How to participateShare your New Year’s Book List – here are some templates to help youShare your reading plans, such as how many boo","listText":"New Year, New Books, New You! It’s time to start thinking about your New Year’s reading resolutions! Do you want to read more books? Listen to more audiobooks? Clear out your TBR or organize your bookshelves? Come and let's make a New Year's reading plan together.If&nbsp;you want to go on a grand adventure, you should read fantasy! IF you want to take more risks, you should read a thriller! If you want to delve into the unknown, you should read a mystery!If you love investing, you can read some books related to financial investmentToday I would like to invite you to share your New Year’s Book List to win Tiger Coins. you obtain a chance to win a Tiger gift.☀️How to participateShare your New Year’s Book List – here are some templates to help youShare your reading plans, such as how many boo","text":"New Year, New Books, New You! It’s time to start thinking about your New Year’s reading resolutions! Do you want to read more books? Listen to more audiobooks? Clear out your TBR or organize your bookshelves? Come and let's make a New Year's reading plan together.If you want to go on a grand adventure, you should read fantasy! IF you want to take more risks, you should read a thriller! If you want to delve into the unknown, you should read a mystery!If you love investing, you can read some books related to financial investmentToday I would like to invite you to share your New Year’s Book List to win Tiger Coins. you obtain a chance to win a Tiger gift.☀️How to participateShare your New Year’s Book List – here are some templates to help youShare your reading plans, such as how many boo","images":[{"img":"https://community-static.tradeup.com/news/c8a8c3c7f92b52a1a78d28abb863d3e1","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955614448","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946317089,"gmtCreate":1680861169542,"gmtModify":1680861390658,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"K//<a href=\"https://laohu8.com/U/4142404087749512\">@MrFiduciary</a>:🐰🌷 Hop into Easter and join Tiger's Egg Hunt! 🎉 We're giving away free Disney stocks, USD120 stock vouchers, and more to lucky players who participate in our Easter game. 🎁🌟 It's easy to play! You could be a lucky winner by jumping and catching the egg. 🐇 You can also invite friends to join in on the fun and earn more points. Plus, you can challenge your friends to see who can earn the most points and come out on top. Play now! Don't miss out on this egg-citing opportunity to win big! 🥳🐣 Join our Easter campaign now！","listText":"K//<a href=\"https://laohu8.com/U/4142404087749512\">@MrFiduciary</a>:🐰🌷 Hop into Easter and join Tiger's Egg Hunt! 🎉 We're giving away free Disney stocks, USD120 stock vouchers, and more to lucky players who participate in our Easter game. 🎁🌟 It's easy to play! You could be a lucky winner by jumping and catching the egg. 🐇 You can also invite friends to join in on the fun and earn more points. Plus, you can challenge your friends to see who can earn the most points and come out on top. Play now! Don't miss out on this egg-citing opportunity to win big! 🥳🐣 Join our Easter campaign now！","text":"K//@MrFiduciary:🐰🌷 Hop into Easter and join Tiger's Egg Hunt! 🎉 We're giving away free Disney stocks, USD120 stock vouchers, and more to lucky players who participate in our Easter game. 🎁🌟 It's easy to play! You could be a lucky winner by jumping and catching the egg. 🐇 You can also invite friends to join in on the fun and earn more points. Plus, you can challenge your friends to see who can earn the most points and come out on top. Play now! Don't miss out on this egg-citing opportunity to win big! 🥳🐣 Join our Easter campaign now！","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":15,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/9946317089","repostId":"9943960885","repostType":1,"repost":{"id":9943960885,"gmtCreate":1679046674347,"gmtModify":1680580827296,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into Easter and join Tiger's Egg Hunt! 🎉We're giving away free Disney stocks, USD120 stock vouchers, and more to lucky players who participate in our Easter game. 🎁🌟It's easy to play! You could be a lucky winner by jumping and catching the egg. 🐇You can also invite friends to join in on the fun and earn more points. Plus, you can challenge your friends to see who can earn the most points and come out on top.Play now! Don't miss out on this egg-citing opportunity to win big! 🥳🐣<a href=\"https://www.tigerbrokers.com.au/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now！</a>","listText":"🐰🌷 Hop into Easter and join Tiger's Egg Hunt! 🎉We're giving away free Disney stocks, USD120 stock vouchers, and more to lucky players who participate in our Easter game. 🎁🌟It's easy to play! You could be a lucky winner by jumping and catching the egg. 🐇You can also invite friends to join in on the fun and earn more points. Plus, you can challenge your friends to see who can earn the most points and come out on top.Play now! Don't miss out on this egg-citing opportunity to win big! 🥳🐣<a href=\"https://www.tigerbrokers.com.au/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now！</a>","text":"🐰🌷 Hop into Easter and join Tiger's Egg Hunt! 🎉We're giving away free Disney stocks, USD120 stock vouchers, and more to lucky players who participate in our Easter game. 🎁🌟It's easy to play! You could be a lucky winner by jumping and catching the egg. 🐇You can also invite friends to join in on the fun and earn more points. Plus, you can challenge your friends to see who can earn the most points and come out on top.Play now! Don't miss out on this egg-citing opportunity to win big! 🥳🐣Join our Easter campaign now！","images":[{"img":"https://community-static.tradeup.com/news/25550a0faff90c6eead728b9b07143aa","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960885","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":1,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":354,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":273598032527640,"gmtCreate":1707834190166,"gmtModify":1708589802504,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>nice","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$ </a>nice","text":"$Tiger Brokers(TIGR)$ nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/273598032527640","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946799025,"gmtCreate":1681048043267,"gmtModify":1681048046723,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":30,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946799025","repostId":"2325952321","repostType":2,"repost":{"id":"2325952321","pubTimestamp":1681011787,"share":"https://www.laohu8.com/m/news/2325952321?lang=&edition=full","pubTime":"2023-04-09 11:43","market":"us","language":"en","title":"These 3 Stocks Could Race Higher at the Drop of a Hat","url":"https://stock-news.laohu8.com/highlight/detail?id=2325952321","media":"Motley Fool","summary":"Tech stocks are on fire in 2023 -- and these three are the cream of the crop.","content":"<html><head></head><body><p>The first quarter of 2023 is in the books, and it was a decent one for the major indexes. The <strong>Nasdaq</strong> <strong>Composite</strong>, <strong>S&amp;P 500</strong>, and <strong>Dow Jones Industrial Average</strong> gained 16.7%, 7%, and 0.4%, respectively.</p><p>With the tech-heavy Nasdaq leading the way higher, some investors are wondering: What technology names are worth owning right now? </p><p>These three Motley Fool contributors are eyeing <a href=\"https://laohu8.com/S/SE\">Sea Limited </a>, <a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies </a>, and <a href=\"https://laohu8.com/S/ADBE\">Adobe</a>. Here&#39;s why.</p><h2>A banking crisis overshadows SoFi&#39;s numerous positives</h2><p><strong>Justin Pope</strong> <strong>(SoFi Technologies):</strong> It&#39;s been tough living as a digital bank for <a href=\"https://laohu8.com/S/SOFI\">SoFi Technologies</a>. The company&#39;s been plagued by a student loan freeze for several years, and the recent banking crisis has only shaken investor confidence in smaller lenders. Shares are trading near the low end of their 52-week range, down 77% from their high.</p><p>But the bank&#39;s on firmer ground than its share price might indicate. First, SoFi is well capitalized -- well above the minimum financial ratios regulators mandate, and its depositor base of 5.2 million members is more diversified than a bank like Silicon Valley Bank. Second, there&#39;s a student loan freeze in effect, which has hurt SoFi&#39;s loan refinancing business, which was huge before the pandemic.</p><p>However, it hasn&#39;t stopped SoFi from marching toward profitability. The company posted non-GAAP (adjusted) earnings before interest, taxes, depreciation, and amortization (EBITDA) of $143 million in 2022 and is guiding for $260 million to $280 million for 2023. Importantly, management expects net income under generally accepted accounting principles (GAAP) to turn positive by the end of the year.</p><p>Between a banking crisis and a student loan freeze, it&#39;s hard to imagine what else could go wrong for SoFi. That&#39;s why the stock could rebound when the smoke clears. The student loan freeze seems on course to end later this year, and it looks like the government will do what&#39;s needed to ensure confidence in the banking system.</p><p>Then, investors might better appreciate SoFi&#39;s rapidly growing user base, looming profitability, and strong balance sheet. CEO Anthony Noto reiterated his confidence, buying roughly $1.2 million in stock last month. You can&#39;t predict when, but SoFi&#39;s stock could spring higher at the first sign of positive news.</p><h2>The tech conglomerate that may soon seem &#39;unlimited&#39;</h2><p><strong>Will Healy</strong> <strong>(Sea Limited): </strong>Admittedly, <a href=\"https://laohu8.com/S/SE\">Sea Limited</a> stock may appear to have moved too far too fast. Since falling to a low of just under $41 per share last November, it has more than doubled.</p><p>Still, in other ways, Sea Limited appears far from done. The tech conglomerate, which includes the e-commerce business Shopee and fintech segment Sea Money, has drawn investor interest amid a push to cut costs and turn profitable.</p><p>Sea Money has continued to grow at a triple-digit clip, though it only makes up around 10% of the company&#39;s revenue. Earlier in the year, Shopee reversed most of its expansion plans outside its core Southeast Asian market. But the strategy seems to have worked as e-commerce revenue of $7.3 billion rose 42% in 2022 compared with the prior year.</p><p>Additionally, the factor that could make Sea Limited&#39;s stock fully turn around is the reversal of declining revenue in its gaming segment, Garena. Garena&#39;s <em>Free Fire </em>was the world&#39;s most downloaded mobile game from 2019 to 2021, but its popularity has waned amid a decline in the gaming industry. Consequently, Garena&#39;s revenue dropped 9% in 2022 to $3.9 billion.</p><p>However, Newzoo forecasts player numbers will grow from 3.2 billion in 2022 to 3.5 billion by 2025. Such growth should help reverse declines in the gaming industry. That could accelerate Sea Limited&#39;s revenue growth, which in 2022 surged 25% to $12.4 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7498cb1aa3bf16d1bb26dcaf39931135\" tg-width=\"720\" tg-height=\"433\"/></p><p>SE PS Ratio data by YCharts</p><p>Moreover, despite the recent surge in the stock price, investors should remember that Sea Limited sells at a discount of more than 70% from its all-time high in the fall of 2021. As a result, it trades at a P/S ratio of 4. That is just above all-time lows and well below the record sales multiple of just above 30 in 2021.</p><p>Such a valuation could induce investors to brave the waters. And given the entertainment stock&#39;s potential when all three segments are in a growth mode, the new bull market in Sea Limited stock may have only just begun.</p><h2>Adobe&#39;s stock is still a bargain</h2><p><strong>Jake Lerch (Adobe):</strong> Shares of software giant <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> have been on a wild ride over the last year and a half. The stock is still more than 44% off its all-time high of $688.37, even after rallying 35% over the last six months.</p><p>Yet, to my eye, Adobe has room to run higher from here -- <em>much higher</em>. Why? Two reasons.</p><p>First, Wall Street has been wrong. Many analysts have expected a pullback in demand for Adobe&#39;s products that just hasn&#39;t materialized. The company has beaten earnings expectations in four straight quarters. Adobe&#39;s rockstar lineup of products, including Creative Cloud, Document Cloud, and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud, continue to draw in new customers and help retain existing ones.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a973d5cfbfe76f197b5f5eae7c9931b1\" tg-width=\"720\" tg-height=\"449\"/></p><p>ADBE data by YCharts</p><p>Second, Adobe&#39;s valuation still looks attractive. As you can see above, Adobe&#39;s stock price has more or less tracked its trailing-12-month revenue over the last 10 years. However, right now, its stock price is lagging far behind its revenue. This is why the company&#39;s price-to-sales ratio stands at 10, below its long-term average of 12.</p><p>I expect Adobe will deliver solid sales and earnings results going forward -- thanks to its subscription model and its best-of-breed creative software solutions. And if that happens, Adobe&#39;s stock could be off to the races.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 3 Stocks Could Race Higher at the Drop of a Hat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese 3 Stocks Could Race Higher at the Drop of a Hat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-09 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/04/08/prediction-these-3-stocks-could-race-higher-at-the/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The first quarter of 2023 is in the books, and it was a decent one for the major indexes. The Nasdaq Composite, S&P 500, and Dow Jones Industrial Average gained 16.7%, 7%, and 0.4%, respectively.With ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/04/08/prediction-these-3-stocks-could-race-higher-at-the/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe","SE":"Sea Ltd","SOFI":"SoFi Technologies Inc."},"source_url":"https://www.fool.com/investing/2023/04/08/prediction-these-3-stocks-could-race-higher-at-the/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2325952321","content_text":"The first quarter of 2023 is in the books, and it was a decent one for the major indexes. The Nasdaq Composite, S&P 500, and Dow Jones Industrial Average gained 16.7%, 7%, and 0.4%, respectively.With the tech-heavy Nasdaq leading the way higher, some investors are wondering: What technology names are worth owning right now? These three Motley Fool contributors are eyeing Sea Limited , SoFi Technologies , and Adobe. Here's why.A banking crisis overshadows SoFi's numerous positivesJustin Pope (SoFi Technologies): It's been tough living as a digital bank for SoFi Technologies. The company's been plagued by a student loan freeze for several years, and the recent banking crisis has only shaken investor confidence in smaller lenders. Shares are trading near the low end of their 52-week range, down 77% from their high.But the bank's on firmer ground than its share price might indicate. First, SoFi is well capitalized -- well above the minimum financial ratios regulators mandate, and its depositor base of 5.2 million members is more diversified than a bank like Silicon Valley Bank. Second, there's a student loan freeze in effect, which has hurt SoFi's loan refinancing business, which was huge before the pandemic.However, it hasn't stopped SoFi from marching toward profitability. The company posted non-GAAP (adjusted) earnings before interest, taxes, depreciation, and amortization (EBITDA) of $143 million in 2022 and is guiding for $260 million to $280 million for 2023. Importantly, management expects net income under generally accepted accounting principles (GAAP) to turn positive by the end of the year.Between a banking crisis and a student loan freeze, it's hard to imagine what else could go wrong for SoFi. That's why the stock could rebound when the smoke clears. The student loan freeze seems on course to end later this year, and it looks like the government will do what's needed to ensure confidence in the banking system.Then, investors might better appreciate SoFi's rapidly growing user base, looming profitability, and strong balance sheet. CEO Anthony Noto reiterated his confidence, buying roughly $1.2 million in stock last month. You can't predict when, but SoFi's stock could spring higher at the first sign of positive news.The tech conglomerate that may soon seem 'unlimited'Will Healy (Sea Limited): Admittedly, Sea Limited stock may appear to have moved too far too fast. Since falling to a low of just under $41 per share last November, it has more than doubled.Still, in other ways, Sea Limited appears far from done. The tech conglomerate, which includes the e-commerce business Shopee and fintech segment Sea Money, has drawn investor interest amid a push to cut costs and turn profitable.Sea Money has continued to grow at a triple-digit clip, though it only makes up around 10% of the company's revenue. Earlier in the year, Shopee reversed most of its expansion plans outside its core Southeast Asian market. But the strategy seems to have worked as e-commerce revenue of $7.3 billion rose 42% in 2022 compared with the prior year.Additionally, the factor that could make Sea Limited's stock fully turn around is the reversal of declining revenue in its gaming segment, Garena. Garena's Free Fire was the world's most downloaded mobile game from 2019 to 2021, but its popularity has waned amid a decline in the gaming industry. Consequently, Garena's revenue dropped 9% in 2022 to $3.9 billion.However, Newzoo forecasts player numbers will grow from 3.2 billion in 2022 to 3.5 billion by 2025. Such growth should help reverse declines in the gaming industry. That could accelerate Sea Limited's revenue growth, which in 2022 surged 25% to $12.4 billion.SE PS Ratio data by YChartsMoreover, despite the recent surge in the stock price, investors should remember that Sea Limited sells at a discount of more than 70% from its all-time high in the fall of 2021. As a result, it trades at a P/S ratio of 4. That is just above all-time lows and well below the record sales multiple of just above 30 in 2021.Such a valuation could induce investors to brave the waters. And given the entertainment stock's potential when all three segments are in a growth mode, the new bull market in Sea Limited stock may have only just begun.Adobe's stock is still a bargainJake Lerch (Adobe): Shares of software giant Adobe have been on a wild ride over the last year and a half. The stock is still more than 44% off its all-time high of $688.37, even after rallying 35% over the last six months.Yet, to my eye, Adobe has room to run higher from here -- much higher. Why? Two reasons.First, Wall Street has been wrong. Many analysts have expected a pullback in demand for Adobe's products that just hasn't materialized. The company has beaten earnings expectations in four straight quarters. Adobe's rockstar lineup of products, including Creative Cloud, Document Cloud, and Experience Cloud, continue to draw in new customers and help retain existing ones.ADBE data by YChartsSecond, Adobe's valuation still looks attractive. As you can see above, Adobe's stock price has more or less tracked its trailing-12-month revenue over the last 10 years. However, right now, its stock price is lagging far behind its revenue. This is why the company's price-to-sales ratio stands at 10, below its long-term average of 12.I expect Adobe will deliver solid sales and earnings results going forward -- thanks to its subscription model and its best-of-breed creative software solutions. And if that happens, Adobe's stock could be off to the races.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299859027534064,"gmtCreate":1714227286885,"gmtModify":1714227290736,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Gooddddddddfdddddddddddddddddddddf","listText":"Gooddddddddfdddddddddddddddddddddf","text":"Gooddddddddfdddddddddddddddddddddf","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299859027534064","repostId":"299811630428392","repostType":1,"repost":{"id":299811630428392,"gmtCreate":1714215708351,"gmtModify":1714229402108,"author":{"id":"4121030739638162","authorId":"4121030739638162","name":"jace0777","avatar":"https://community-static.tradeup.com/news/ab091d01808735480e16e2dfd3a8a78f","crmLevel":6,"crmLevelSwitch":1},"themes":[],"htmlText":"I closed <a href=\"https://ttm.financial/OPT/PINS 20240426 34.0 CALL\">$PINS 20240426 34.0 CALL$&nbsp;</a> ,⚙️ covered call play on PINS wheeling worked out well this week. Securing full credit upon expiry! On to the next week.","listText":"I closed <a href=\"https://ttm.financial/OPT/PINS 20240426 34.0 CALL\">$PINS 20240426 34.0 CALL$&nbsp;</a> ,⚙️ covered call play on PINS wheeling worked out well this week. Securing full credit upon expiry! On to the next week.","text":"I closed $PINS 20240426 34.0 CALL$ ,⚙️ covered call play on PINS wheeling worked out well this week. Securing full credit upon expiry! On to the next week.","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299811630428392","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957229007,"gmtCreate":1677296604609,"gmtModify":1677296607971,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"I","listText":"I","text":"I","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":19,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957229007","repostId":"2314011339","repostType":4,"repost":{"id":"2314011339","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":1677279021,"share":"https://www.laohu8.com/m/news/2314011339?lang=&edition=full","pubTime":"2023-02-25 06:50","market":"us","language":"en","title":"Wall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2314011339","media":"Reuters","summary":"Dow's worst weekly performance in 5 monthsPCE data comes in strong, showing resilient consumerFor th","content":"<html><head></head><body><ul><li>Dow&#39;s worst weekly performance in 5 months</li><li>PCE data comes in strong, showing resilient consumer</li><li>For the week, all down: Dow 2.99%, S&amp;P 2.66%, Nasdaq 3.33%</li><li>Indexes down: Dow 1.02%, S&amp;P 1.05%, Nasdaq 1.69%</li></ul><p>Wall Street&#39;s main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.</p><p>For the blue-chip Dow Jones Industrial Average   , the 3% fall was its biggest weekly decline since September. It was also the Dow&#39;s fourth straight weekly decline, its longest losing streak for nearly 10 months.</p><p>The S&amp;P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.</p><p>After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.</p><p>Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed&#39;s preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.</p><p>Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.</p><p>&#34;This market has not yet realized the likelihood of a recession that we think is reality,&#34; he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.</p><p>&#34;We don&#39;t think (a recession is) a given, but there&#39;s a higher likelihood than the market has embedded in its thought process.&#34;</p><p>Traders of futures tied to the Fed&#39;s policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.</p><p>Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.</p><p>The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&amp;P 500    lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite    dropped 195.46 points, or 1.69%, to 11,394.94.</p><p>Nine of the 11 major S&amp;P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.</p><p>Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.</p><p>The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.</p><p>Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker&#39;s $20 billion bid for cloud-based designer platform Figma.</p><p>The decline in Adobe&#39;s stock was the largest since Sept. 15, the day the Figma agreement was announced.</p><p>Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer&#39;s stock fell 4.1% on the report.</p><p>Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St Ends Sharply Down, Posts Biggest Weekly Drop of 2023\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\">2023-02-25 06:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Dow&#39;s worst weekly performance in 5 months</li><li>PCE data comes in strong, showing resilient consumer</li><li>For the week, all down: Dow 2.99%, S&amp;P 2.66%, Nasdaq 3.33%</li><li>Indexes down: Dow 1.02%, S&amp;P 1.05%, Nasdaq 1.69%</li></ul><p>Wall Street&#39;s main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.</p><p>For the blue-chip Dow Jones Industrial Average   , the 3% fall was its biggest weekly decline since September. It was also the Dow&#39;s fourth straight weekly decline, its longest losing streak for nearly 10 months.</p><p>The S&amp;P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.</p><p>After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.</p><p>Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed&#39;s preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.</p><p>Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.</p><p>&#34;This market has not yet realized the likelihood of a recession that we think is reality,&#34; he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.</p><p>&#34;We don&#39;t think (a recession is) a given, but there&#39;s a higher likelihood than the market has embedded in its thought process.&#34;</p><p>Traders of futures tied to the Fed&#39;s policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.</p><p>Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.</p><p>The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&amp;P 500    lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite    dropped 195.46 points, or 1.69%, to 11,394.94.</p><p>Nine of the 11 major S&amp;P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.</p><p>Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.</p><p>The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.</p><p>Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.</p><p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker&#39;s $20 billion bid for cloud-based designer platform Figma.</p><p>The decline in Adobe&#39;s stock was the largest since Sept. 15, the day the Figma agreement was announced.</p><p>Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer&#39;s stock fell 4.1% on the report.</p><p>Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"513500":"标普500ETF",".DJI":"道琼斯","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4532":"文艺复兴科技持仓","LABP":"Landos Biopharma, Inc.",".IXIC":"NASDAQ Composite","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc",".SPX":"S&P 500 Index","NVDA":"英伟达","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","SSO":"两倍做多标普500ETF","BK4196":"保健护理服务","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4535":"淡马锡持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4524":"宅经济概念","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU0368265418.SGD":"Blackrock World Energy Fund A2 SGD-H","BK4559":"巴菲特持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4588":"碎股","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","TSLA":"特斯拉","CGEM":"Cullinan Oncology, Inc.","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","LU0122376428.USD":"贝莱德世界能源基金A2","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","RRC":"山脉资源","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK4581":"高盛持仓","APR":"Apria, Inc.","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","BK4099":"汽车制造商","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0823411888.USD":"法巴消费创新基金 Cap","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","OEF":"标普100指数ETF-iShares","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2314011339","content_text":"Dow's worst weekly performance in 5 monthsPCE data comes in strong, showing resilient consumerFor the week, all down: Dow 2.99%, S&P 2.66%, Nasdaq 3.33%Indexes down: Dow 1.02%, S&P 1.05%, Nasdaq 1.69%Wall Street's main indexes posted their biggest weekly drop of 2023 after sharp losses on Friday, as investors braced for the possibility of more aggressive rate hikes from the U.S. Federal Reserve as U.S. economic data pointed to resilient consumers.For the blue-chip Dow Jones Industrial Average   , the 3% fall was its biggest weekly decline since September. It was also the Dow's fourth straight weekly decline, its longest losing streak for nearly 10 months.The S&P 500 and Nasdaq Composite were also down 2.7% and 3.3%, respectively.After a strong January, stocks have retreated this month as a slew of economic data amplified worries that the U.S. central bank might have to keep rates higher for longer.Data on Friday showed the personal consumption expenditures (PCE) price index, the Fed's preferred inflation gauge, shot up 0.6% last month after gaining just 0.2% in December. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 1.8% last month, exceeding forecasts for a 1.3% rise.Jason Pride, chief investment officer of private wealth at Glenmede, said previous market cycles had witnessed similar delayed reactions by the market to rising interest rates and data releases, which helps explain volatile trading patterns as investors slowly adjust.\"This market has not yet realized the likelihood of a recession that we think is reality,\" he said, noting past rate hikes normally had taken between six and 18 months before their effects had fully filtered through into the economy.\"We don't think (a recession is) a given, but there's a higher likelihood than the market has embedded in its thought process.\"Traders of futures tied to the Fed's policy rate added to bets of at least three more rate hikes this year, with the peak rate seen in the range of 5.25%-5.5% by June.Cleveland Fed President Loretta Mester said the Fed should raise interest rates higher than necessary if need be to get inflation fully under control.The Dow Jones Industrial Average fell 336.99 points, or 1.02%, to 32,816.92, the S&P 500    lost 42.28 points, or 1.05%, to 3,970.04 and the Nasdaq Composite    dropped 195.46 points, or 1.69%, to 11,394.94.Nine of the 11 major S&P sectors fell, with real estate, technology and consumer discretionary the biggest decliners. Communication services fell 1.4% to a sixth straight loss, its worst run since a similar six-session skid in August.Megacap stocks including Tesla Inc, Amazon.com Inc and Nvidia Corp slid between 1.6% and 2.6% as Treasury yields rose.The yield on two-year Treasury notes, which are highly sensitive to Fed policy, climbed to 4.826% - its highest in nearly four months.Boeing Co slid 4.8% after the Federal Aviation Administration said the planemaker temporarily halted deliveries of its 787 Dreamliner jets.Adobe Inc sank 7.6% on reports the U.S. Justice Department would block the Photoshop maker's $20 billion bid for cloud-based designer platform Figma.The decline in Adobe's stock was the largest since Sept. 15, the day the Figma agreement was announced.Meanwhile, Range Resources Corp jumped 11.9% in late trading, its biggest gain in nine months, after Bloomberg News reported that Pioneer Natural Resources was in talks to buy it. Pioneer's stock fell 4.1% on the report.Volume on U.S. exchanges was 10.31 billion shares, compared with the 11.53 billion average for the full session over the last 20 trading days.The S&P 500 posted 2 new 52-week highs and 11 new lows; the Nasdaq Composite recorded 44 new highs and 162 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9965661489,"gmtCreate":1669945914342,"gmtModify":1676538275413,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9965661489","repostId":"2288381611","repostType":4,"repost":{"id":"2288381611","pubTimestamp":1669944178,"share":"https://www.laohu8.com/m/news/2288381611?lang=&edition=full","pubTime":"2022-12-02 09:22","market":"us","language":"en","title":"Elon Musk Just Accused the Fed of \"Massively Amplifying\" the Risk of a Severe Recession","url":"https://stock-news.laohu8.com/highlight/detail?id=2288381611","media":"Fortune","summary":"The world’s wealthiest man has weighed in on the Federal Reserve’s all-or-nothing fight to tame infl","content":"<html><head></head><body><p>The world’s wealthiest man has weighed in on the Federal Reserve’s all-or-nothing fight to tame inflation.</p><p>To bring down soaring inflation in the U.S., the Federal Reserve has raised interest rates six times so far this year in an effort to slow down the economy and bring prices back down. The speed and size of the rate hikes have left investors on edge, with many worried the Fed will overcorrect, if it hasn’t already, and steer the economy into a recession.</p><p>That view is shared by Tesla and Twitter CEO Elon Musk, who wrote on Twitter Wednesday that the most recent economic trends are “concerning,” adding that not only is a recession highly likely, but that the Fed is risking escalating how severe it will be by committing to its strategy of interest rate hikes.</p><p>“Trend is concerning. Fed needs to cut interest rates immediately. They are massively amplifying the probability of a severe recession,” Musk wrote.</p><p>It isn’t the first time Musk has warned of a coming recession, although the tech CEO has become increasingly concerned about the prospect of a downturn in recent months. While inflation has shown some signs of easing in the past month, the Fed is set to proceed on its trajectory of rate hikes, signaling that it will approve more interest rate increases in the future and potentially into next year—albeit smaller ones.</p><h2><b>Musk’s recession warnings</b></h2><p>Musk’s warnings about an economic downturn have become significantly darker over the past several months.</p><p>In May, he said that a recession would probably last “12 to 18 months,” but spoke of an economic downturn as an inevitable reality of the business cycle, and one that wouldn’t necessarily be a bad thing.</p><p>“These things pass, and then there will be boom times again,” he said. “What tends to happen is, if you have a boom that goes on for too long, you get misallocation of capital—it starts raining money on fools, basically.”</p><p>In October, the tech entrepreneur predicted a recession would probably last until the spring of 2024, but maintained that recessions could be a net-positive by weeding out so-called zombie companies that do little to help the economy.</p><p>“Recessions do have a silver lining in that companies that shouldn’t exist stop existing,” Musk wrote on Twitter at the time.</p><p>But more recent comments Musk made since officially taking over social media company Twitter last month paint a more concerning picture of the next recession. At Twitter, Musk laid off around half of the company’s staff and hundreds more later resigned, as the new CEO seeks to cut costs where he can in view of a coming economic downturn.</p><p>“I’ve been through the recession of 2000 and 2001 and 2008–09, and I’m somewhat paranoid about dying in recessions,” Musk told Twitter staff earlier this month, according to a recording of his comments acquired by The Verge.</p><p>“I have recession PTSD from keeping X and hotlink]<a href=\"https://laohu8.com/S/PYPL\">PayPal</a>[/hotlink] alive through the 2000 recession, keeping Tesla alive in the 2009 recession,” he said.</p><p>The Fed’s interest rate hikes have not been kind to the stock market this year either, with tech stocks being hit especially hard. Musk’s companies have not been spared, with Tesla stock falling nearly 53% this year. Musk may have lost more than $100 billion this year owing to Tesla’s drop in value, Bloomberg reported earlier this month.</p><p>Twitter also saw its fortunes tumble during the tech stock rout earlier this year, with the company’s declining stock value thought to be one reason Musk initially pulled out of his takeover deal in July, when Twitter’s value had fallen by more than 20% from what it was when Musk had first made an offer to buy the company.</p><p>In September, Musk made another call for the Federal Reserve to stop focusing on inflation and cut interest rates instead, citing the risk of deflation or rapidly declining prices. But recent signals from the Fed suggest pivoting away from inflation or interest rate hikes anytime soon is not an option.</p><h2><b>No chance of a Fed pivot</b></h2><p>By calling on the Fed to cut interest rates, Musk joins the chorus of investors and market-watchers who have eagerly sought signs of a Fed “pivot” this year, evidence that the central bank might soon stop raising interest rates, and potentially even reverse them.</p><p>But while Fed officials have signaled that they are open to smaller rate hikes in the future as inflation shows signs of leveling off, chances of a pivot are dim; Federal Reserve Chair Jerome Powell indicated on Wednesday that the Fed was preparing for smaller rate hikes moving forward. Officials at the central bank have disagreed on how forcefully the Fed should approach rate hikes, but they have made clear that halting hikes altogether is off the table, even if it means sparking a recession.</p><p>Bringing inflation down to the Fed’s target rate of 2% would “guarantee an overshoot and a deep recession,” the Fed’s own Atlanta president Raphael Bostic said earlier this month, and even Powell warned in August that the central bank was prepared to “bring some pain” to the economy in order to bring inflation down.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Just Accused the Fed of \"Massively Amplifying\" the Risk of a Severe Recession</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\">\nElon Musk Just Accused the Fed of \"Massively Amplifying\" the Risk of a Severe Recession\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-02 09:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/elon-musk-just-accused-fed-194950560.html><strong>Fortune</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The world’s wealthiest man has weighed in on the Federal Reserve’s all-or-nothing fight to tame inflation.To bring down soaring inflation in the U.S., the Federal Reserve has raised interest rates six...</p>\n\n<a href=\"https://finance.yahoo.com/news/elon-musk-just-accused-fed-194950560.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4574":"无人驾驶","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4551":"寇图资本持仓","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1548497426.USD":"安联环球人工智能AT Acc","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4581":"高盛持仓","BK4099":"汽车制造商","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","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","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","TSLA":"特斯拉","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","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4555":"新能源车","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2063271972.USD":"富兰克林创新领域基金","BK4527":"明星科技股","BK4550":"红杉资本持仓","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC"},"source_url":"https://finance.yahoo.com/news/elon-musk-just-accused-fed-194950560.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2288381611","content_text":"The world’s wealthiest man has weighed in on the Federal Reserve’s all-or-nothing fight to tame inflation.To bring down soaring inflation in the U.S., the Federal Reserve has raised interest rates six times so far this year in an effort to slow down the economy and bring prices back down. The speed and size of the rate hikes have left investors on edge, with many worried the Fed will overcorrect, if it hasn’t already, and steer the economy into a recession.That view is shared by Tesla and Twitter CEO Elon Musk, who wrote on Twitter Wednesday that the most recent economic trends are “concerning,” adding that not only is a recession highly likely, but that the Fed is risking escalating how severe it will be by committing to its strategy of interest rate hikes.“Trend is concerning. Fed needs to cut interest rates immediately. They are massively amplifying the probability of a severe recession,” Musk wrote.It isn’t the first time Musk has warned of a coming recession, although the tech CEO has become increasingly concerned about the prospect of a downturn in recent months. While inflation has shown some signs of easing in the past month, the Fed is set to proceed on its trajectory of rate hikes, signaling that it will approve more interest rate increases in the future and potentially into next year—albeit smaller ones.Musk’s recession warningsMusk’s warnings about an economic downturn have become significantly darker over the past several months.In May, he said that a recession would probably last “12 to 18 months,” but spoke of an economic downturn as an inevitable reality of the business cycle, and one that wouldn’t necessarily be a bad thing.“These things pass, and then there will be boom times again,” he said. “What tends to happen is, if you have a boom that goes on for too long, you get misallocation of capital—it starts raining money on fools, basically.”In October, the tech entrepreneur predicted a recession would probably last until the spring of 2024, but maintained that recessions could be a net-positive by weeding out so-called zombie companies that do little to help the economy.“Recessions do have a silver lining in that companies that shouldn’t exist stop existing,” Musk wrote on Twitter at the time.But more recent comments Musk made since officially taking over social media company Twitter last month paint a more concerning picture of the next recession. At Twitter, Musk laid off around half of the company’s staff and hundreds more later resigned, as the new CEO seeks to cut costs where he can in view of a coming economic downturn.“I’ve been through the recession of 2000 and 2001 and 2008–09, and I’m somewhat paranoid about dying in recessions,” Musk told Twitter staff earlier this month, according to a recording of his comments acquired by The Verge.“I have recession PTSD from keeping X and hotlink]PayPal[/hotlink] alive through the 2000 recession, keeping Tesla alive in the 2009 recession,” he said.The Fed’s interest rate hikes have not been kind to the stock market this year either, with tech stocks being hit especially hard. Musk’s companies have not been spared, with Tesla stock falling nearly 53% this year. Musk may have lost more than $100 billion this year owing to Tesla’s drop in value, Bloomberg reported earlier this month.Twitter also saw its fortunes tumble during the tech stock rout earlier this year, with the company’s declining stock value thought to be one reason Musk initially pulled out of his takeover deal in July, when Twitter’s value had fallen by more than 20% from what it was when Musk had first made an offer to buy the company.In September, Musk made another call for the Federal Reserve to stop focusing on inflation and cut interest rates instead, citing the risk of deflation or rapidly declining prices. But recent signals from the Fed suggest pivoting away from inflation or interest rate hikes anytime soon is not an option.No chance of a Fed pivotBy calling on the Fed to cut interest rates, Musk joins the chorus of investors and market-watchers who have eagerly sought signs of a Fed “pivot” this year, evidence that the central bank might soon stop raising interest rates, and potentially even reverse them.But while Fed officials have signaled that they are open to smaller rate hikes in the future as inflation shows signs of leveling off, chances of a pivot are dim; Federal Reserve Chair Jerome Powell indicated on Wednesday that the Fed was preparing for smaller rate hikes moving forward. Officials at the central bank have disagreed on how forcefully the Fed should approach rate hikes, but they have made clear that halting hikes altogether is off the table, even if it means sparking a recession.Bringing inflation down to the Fed’s target rate of 2% would “guarantee an overshoot and a deep recession,” the Fed’s own Atlanta president Raphael Bostic said earlier this month, and even Powell warned in August that the central bank was prepared to “bring some pain” to the economy in order to bring inflation down.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960074601,"gmtCreate":1668039059003,"gmtModify":1676538001651,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"I","listText":"I","text":"I","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9960074601","repostId":"1130353366","repostType":4,"repost":{"id":"1130353366","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":1668037183,"share":"https://www.laohu8.com/m/news/1130353366?lang=&edition=full","pubTime":"2022-11-10 07:39","market":"us","language":"en","title":"After-Hours Movers: Rivian, Unity, Beyond Meat, Bumble, Coupang and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1130353366","media":"Tiger Newspress","summary":"Rivian – Shares of the electric vehicle maker gained 7.2% after the company reported a smaller per-s","content":"<html><head></head><body><p><b>Rivian</b> – Shares of the electric vehicle maker gained 7.2% after the company reported a smaller per-share loss than expected by analysts polled by Refinitiv. Revenue came in below expectations. The company reaffirmed its full-year production guidance.</p><p><b>Unity Software</b> – Unity Software Inc. shares fell 6.7% in the extended session Wednesday after the company produced on-par results but a little less revenue than Wall Street would have liked.</p><p><b>Beyond Meat</b> – The plant-based food maker known for its meat alternatives shed 1.4% following its third-quarter earnings report that showed it posted a wider-than-expected loss, according to StreetAccount. Revenue was slightly higher than anticipated. For the fiscal year, the company reiterated prior net revenue estimates. Beyond Meat also noted it will incur a one-time charge of about $4 million related to the decision made last month to lay off 19% of its workforce.</p><p><b>Bumble</b> – The dating app company plummeted 15.9% after it reported third-quarter revenue below Wall Street’s expectations, according to StreetAccount. Bumble said fourth-quarter revenue and adjusted earnings before interest, taxes, depreciation, and amortization would likely come in under expectations due to headwinds from foreign currency and the war between Russia and Ukraine. Competitor Match Group slid 1.5%.</p><p><b>Coupang</b> – Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., posted its first operating profit on record after winning more customers and improving cost efficiency. The shares jumped 8.4% in extended trading.</p><p><b>FICO</b> – Shares of the analytics company jumped 10.6% after it beat StreetAccount’s expectation for per-share earnings and revenue when reporting fourth-quarter earnings after the bell. The company also said it expects to beat estimates on both for the full year.</p><p><b>ZipRecruiter</b> – The stock popped about 13% after the job marketplace beat StreetAccount’s estimates for third-quarter per-share earnings and revenue. The company also raised its full-year guidance and said its board has authorized a $200 million increase to its share repurchasing program.</p><p><b>Dutch Bros</b> – Shares of the coffee chain added 2.5% after Dutch Bros posted beats on the top and bottom lines, according to Refinitiv.</p><p><b>Canoo</b> – The stock added 3.9% after the electric vehicle company posted smaller per-share earnings and adjusted EBITDA losses than expected, according to StreetAccount.</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>After-Hours Movers: Rivian, Unity, Beyond Meat, Bumble, Coupang and More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter-Hours Movers: Rivian, Unity, Beyond Meat, Bumble, Coupang and More\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\">2022-11-10 07:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>Rivian</b> – Shares of the electric vehicle maker gained 7.2% after the company reported a smaller per-share loss than expected by analysts polled by Refinitiv. Revenue came in below expectations. The company reaffirmed its full-year production guidance.</p><p><b>Unity Software</b> – Unity Software Inc. shares fell 6.7% in the extended session Wednesday after the company produced on-par results but a little less revenue than Wall Street would have liked.</p><p><b>Beyond Meat</b> – The plant-based food maker known for its meat alternatives shed 1.4% following its third-quarter earnings report that showed it posted a wider-than-expected loss, according to StreetAccount. Revenue was slightly higher than anticipated. For the fiscal year, the company reiterated prior net revenue estimates. Beyond Meat also noted it will incur a one-time charge of about $4 million related to the decision made last month to lay off 19% of its workforce.</p><p><b>Bumble</b> – The dating app company plummeted 15.9% after it reported third-quarter revenue below Wall Street’s expectations, according to StreetAccount. Bumble said fourth-quarter revenue and adjusted earnings before interest, taxes, depreciation, and amortization would likely come in under expectations due to headwinds from foreign currency and the war between Russia and Ukraine. Competitor Match Group slid 1.5%.</p><p><b>Coupang</b> – Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., posted its first operating profit on record after winning more customers and improving cost efficiency. The shares jumped 8.4% in extended trading.</p><p><b>FICO</b> – Shares of the analytics company jumped 10.6% after it beat StreetAccount’s expectation for per-share earnings and revenue when reporting fourth-quarter earnings after the bell. The company also said it expects to beat estimates on both for the full year.</p><p><b>ZipRecruiter</b> – The stock popped about 13% after the job marketplace beat StreetAccount’s estimates for third-quarter per-share earnings and revenue. The company also raised its full-year guidance and said its board has authorized a $200 million increase to its share repurchasing program.</p><p><b>Dutch Bros</b> – Shares of the coffee chain added 2.5% after Dutch Bros posted beats on the top and bottom lines, according to Refinitiv.</p><p><b>Canoo</b> – The stock added 3.9% after the electric vehicle company posted smaller per-share earnings and adjusted EBITDA losses than expected, according to StreetAccount.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BMBL":"Bumble Inc.","U":"Unity Software Inc.","CPNG":"Coupang, Inc.","GOEV":"Canoo Inc.","RIVN":"Rivian Automotive, Inc.","FICO":"Fair Isaac Corp","BROS":"Dutch Bros Inc.","BYND":"Beyond Meat, Inc.","ZIP":"ZipRecruiter Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130353366","content_text":"Rivian – Shares of the electric vehicle maker gained 7.2% after the company reported a smaller per-share loss than expected by analysts polled by Refinitiv. Revenue came in below expectations. The company reaffirmed its full-year production guidance.Unity Software – Unity Software Inc. shares fell 6.7% in the extended session Wednesday after the company produced on-par results but a little less revenue than Wall Street would have liked.Beyond Meat – The plant-based food maker known for its meat alternatives shed 1.4% following its third-quarter earnings report that showed it posted a wider-than-expected loss, according to StreetAccount. Revenue was slightly higher than anticipated. For the fiscal year, the company reiterated prior net revenue estimates. Beyond Meat also noted it will incur a one-time charge of about $4 million related to the decision made last month to lay off 19% of its workforce.Bumble – The dating app company plummeted 15.9% after it reported third-quarter revenue below Wall Street’s expectations, according to StreetAccount. Bumble said fourth-quarter revenue and adjusted earnings before interest, taxes, depreciation, and amortization would likely come in under expectations due to headwinds from foreign currency and the war between Russia and Ukraine. Competitor Match Group slid 1.5%.Coupang – Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., posted its first operating profit on record after winning more customers and improving cost efficiency. The shares jumped 8.4% in extended trading.FICO – Shares of the analytics company jumped 10.6% after it beat StreetAccount’s expectation for per-share earnings and revenue when reporting fourth-quarter earnings after the bell. The company also said it expects to beat estimates on both for the full year.ZipRecruiter – The stock popped about 13% after the job marketplace beat StreetAccount’s estimates for third-quarter per-share earnings and revenue. The company also raised its full-year guidance and said its board has authorized a $200 million increase to its share repurchasing program.Dutch Bros – Shares of the coffee chain added 2.5% after Dutch Bros posted beats on the top and bottom lines, according to Refinitiv.Canoo – The stock added 3.9% after the electric vehicle company posted smaller per-share earnings and adjusted EBITDA losses than expected, according to StreetAccount.","news_type":1},"isVote":1,"tweetType":1,"viewCount":5,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103435376,"gmtCreate":1619799158495,"gmtModify":1704272611027,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/103435376","repostId":"1186088353","repostType":4,"repost":{"id":"1186088353","pubTimestamp":1619795143,"share":"https://www.laohu8.com/m/news/1186088353?lang=&edition=full","pubTime":"2021-04-30 23:05","market":"us","language":"en","title":"Stocks Decline Amid Earnings, Economic Reports: Markets Wrap","url":"https://stock-news.laohu8.com/highlight/detail?id=1186088353","media":"Yahoo","summary":"Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing ","content":"<p>Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.</p><p>The S&amp;P 500 pared its monthly gains. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business, while Amazon.com Inc. rallied on a jump in sales. Despite living up to Wall Street’s profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.</p><p>Read: Big Oil Is Boosting ETF Returns and ESG Funds Are No Exception</p><p>Data Friday showed U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round of pandemic-relief checks. A key measure of consumer prices, known as the personal consumption expenditure price index, that the Federal Reserve officially uses for its target rose 2.3% in March from a year earlier, the biggest gain since 2018. Meanwhile, a gauge of consumer sentiment continued to strengthen in late April.</p><p>With the S&amp;P 500 poised to end the first four months of 2021 with a rally of more than 10%, the adage of “sell in May and go away” may be on many investors’ minds. However, JPMorgan Chase &amp; Co. strategists urged traders to get ready for a revival of the reflation trade as the economic reopening gathers pace in coming months. Credit Suisse Group AG’s Jonathan Golub raised his year-end forecast for the S&amp;P 500, citing a “red-hot economy fueling earnings.”</p><p>“Are we at a point where there’s further upside to the market or are we at a point where we need to think about the cadence of returns going forward being more narrow or smaller?” said Ralph Bassett, head of North American equities at Aberdeen Standard Investments. “The setup is very good, but with multiples where they are, the upside risks are just really becoming less likely at this stage.”</p><p>Technology stocks are poised to gain support from relatively stable yields for U.S. inflation-indexed debt, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. He compared a relative-strength gauge for the group with the yield on 10-year Treasury Inflation Protected Securities, or TIPS, in a report Thursday. The S&amp;P 500 Information Technology Index’s ratio to the benchmark gauge of American equities set this year’s low in March, and then climbed as demand for the debt caused yields to fall.</p><p>“We do not expect a meaningful rise in the TIPS yield,” Garthwaite wrote, citing U.S. monetary policy and other influences.</p><p>These are some of the main moves in markets:</p><p>Stocks</p><p>The S&amp;P 500 fell 0.4% as of 10:34 a.m. New York timeThe Nasdaq 100 was little changedThe Dow Jones Industrial Average fell 0.4%The Stoxx Europe 600 was little changedThe MSCI World index fell 0.5%</p><p>Currencies</p><p>The Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.4% to $1.2072The British pound fell 0.6% to $1.3863The Japanese yen fell 0.1% to 109.06 per dollar</p><p>Bonds</p><p>The yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield declined one basis point to -0.21%Britain’s 10-year yield was little changed at 0.83%</p><p>Commodities</p><p>West Texas Intermediate crude fell 2.1% to $64 a barrelGold futures were little changed</p>","source":"lsy1584348713084","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>Stocks Decline Amid Earnings, Economic Reports: Markets Wrap</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\">\nStocks Decline Amid Earnings, Economic Reports: Markets Wrap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.html><strong>Yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.The S&P 500 pared its monthly gains. Twitter Inc. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.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",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186088353","content_text":"Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.The S&P 500 pared its monthly gains. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business, while Amazon.com Inc. rallied on a jump in sales. Despite living up to Wall Street’s profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.Read: Big Oil Is Boosting ETF Returns and ESG Funds Are No ExceptionData Friday showed U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round of pandemic-relief checks. A key measure of consumer prices, known as the personal consumption expenditure price index, that the Federal Reserve officially uses for its target rose 2.3% in March from a year earlier, the biggest gain since 2018. Meanwhile, a gauge of consumer sentiment continued to strengthen in late April.With the S&P 500 poised to end the first four months of 2021 with a rally of more than 10%, the adage of “sell in May and go away” may be on many investors’ minds. However, JPMorgan Chase & Co. strategists urged traders to get ready for a revival of the reflation trade as the economic reopening gathers pace in coming months. Credit Suisse Group AG’s Jonathan Golub raised his year-end forecast for the S&P 500, citing a “red-hot economy fueling earnings.”“Are we at a point where there’s further upside to the market or are we at a point where we need to think about the cadence of returns going forward being more narrow or smaller?” said Ralph Bassett, head of North American equities at Aberdeen Standard Investments. “The setup is very good, but with multiples where they are, the upside risks are just really becoming less likely at this stage.”Technology stocks are poised to gain support from relatively stable yields for U.S. inflation-indexed debt, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. He compared a relative-strength gauge for the group with the yield on 10-year Treasury Inflation Protected Securities, or TIPS, in a report Thursday. The S&P 500 Information Technology Index’s ratio to the benchmark gauge of American equities set this year’s low in March, and then climbed as demand for the debt caused yields to fall.“We do not expect a meaningful rise in the TIPS yield,” Garthwaite wrote, citing U.S. monetary policy and other influences.These are some of the main moves in markets:StocksThe S&P 500 fell 0.4% as of 10:34 a.m. New York timeThe Nasdaq 100 was little changedThe Dow Jones Industrial Average fell 0.4%The Stoxx Europe 600 was little changedThe MSCI World index fell 0.5%CurrenciesThe Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.4% to $1.2072The British pound fell 0.6% to $1.3863The Japanese yen fell 0.1% to 109.06 per dollarBondsThe yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield declined one basis point to -0.21%Britain’s 10-year yield was little changed at 0.83%CommoditiesWest Texas Intermediate crude fell 2.1% to $64 a barrelGold futures were little changed","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941468905,"gmtCreate":1680538316007,"gmtModify":1680538320766,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":15,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941468905","repostId":"2324206073","repostType":2,"repost":{"id":"2324206073","pubTimestamp":1680536063,"share":"https://www.laohu8.com/m/news/2324206073?lang=&edition=full","pubTime":"2023-04-03 23:34","market":"us","language":"en","title":"3 Dividend-Growth Stocks to Buy in April That Can Crush Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=2324206073","media":"Motley Fool","summary":"No need to worry about keeping up with inflation with these rapidly growing payouts.","content":"<html><head></head><body><p>It isn&#39;t just your imagination: Day-to-day expenses are climbing. In February, the Consumer Price Index was up 6% over the previous year.</p><p>You don&#39;t need to be an economist to understand inflation&#39;s effect on income-generating stock portfolios. If prices consistently rise faster than the dividends you receive, your passive income stream could get squeezed down to a tiny trickle by the time you retire.</p><p>If you&#39;re worried about how inflation could affect your future stream of passive income, consider these healthcare stocks.</p><table style=\"border-collapse:collapse;\"><tbody><tr><th style=\"text-align:left;\"><p>Company</p></th><th style=\"text-align:left;\"><p>Dividend Yield</p></th><th style=\"text-align:left;\"><p>Dividend Growth (5 Years)</p></th><th style=\"text-align:left;\"><p>Dividend Growth (10 Years)</p></th></tr><tr><td style=\"text-align:left;\"><p><strong>CVS Health</strong></p></td><td style=\"text-align:left;\"><p>3.2%</p></td><td style=\"text-align:left;\"><p>21%</p></td><td style=\"text-align:left;\"><p>169%</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Abbott Laboratories</strong></p></td><td style=\"text-align:left;\"><p>2.1%</p></td><td style=\"text-align:left;\"><p>82%</p></td><td style=\"text-align:left;\"><p>264%</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>UnitedHealth Group</strong></p></td><td style=\"text-align:left;\"><p>1.4%</p></td><td style=\"text-align:left;\"><p>83%</p></td><td style=\"text-align:left;\"><p>489%</p></td></tr></tbody></table><p>Data source: Yahoo! Finance.</p><p>All three have a history of meeting and raising their payouts much faster than inflation. Read on to see why there&#39;s a good chance they can keep cranking their dividends higher in the years ahead.</p><h2>CVS Health</h2><p>You&#39;re probably familiar with <strong>CVS Health</strong>&#39;s enormous chain of retail pharmacies, but there&#39;s a lot more to this business. In 2018, it pulled off a $78 billion merger with health insurance benefits provider Aetna.</p><p>Aetna wasn&#39;t CVS Health&#39;s first foray into benefits management, either. The company&#39;s pharmacy benefits management business is America&#39;s largest, with 110 million plan members.</p><p>CVS Health probably doesn&#39;t show up when you screen for dividend growth stocks because it froze its payout for a few years to help pay down debt from the Aetna merger. Clearly, the merger has been successful. The company has raised its dividend commitment by 21% since Dec. 10, 2021.</p><p>Americans spent $4.3 trillion on healthcare in 2021. While high prescription drug prices get a lot of attention, CVS Health understands that spending on physician and clinical services is more than double prescription drug spending.</p><p>To help retain a larger portion of the monthly premiums it collects from around 35 million people, it&#39;s becoming a leading provider of the health insurance benefits it&#39;s paid to manage. The recent acquisition of Signify Health will add 10,000 clinicians to its employee roster. With the ability to provide more of the benefits it is also paid to manage, shareholders can look forward to big dividend raises for many years.</p><h2>UnitedHealth Group</h2><p><strong>UnitedHealth Group</strong> is America&#39;s largest manager of health insurance benefits. It receives premiums from around 48 million Americans each month and is improving at managing healthcare expenses by pursuing a vertical integration plan very similar to CVS Health.</p><p>UnitedHealth Group&#39;s Optum Health segment is one of the country&#39;s largest employers of health practitioners. Around 70,000 physicians working in more than 2,200 locations are currently employed by or aligned with Optum Health.</p><p>Despite rapidly raising its payout, the company needed just 25.6% of the free cash flow it generated over the past year to meet its dividend obligation. There are no guarantees that UnitedHealth will be able to raise its payout another 489% in the coming decade, but we can reasonably expect some big bumps in the right direction over the next few years.</p><h2>Abbott Laboratories</h2><p>If health insurance benefits managers aren&#39;t your style, consider <strong>Abbott Laboratories</strong>. This healthcare conglomerate has raised its dividend payout for 60 consecutive years with help from increasing sales of tangible products and diagnostics.</p><p>Abbott&#39;s nutrition segment gained a lot of attention last year after the temporary closure of a single manufacturing site led to a national baby formula shortage. Diagnostics sales declined in the fourth quarter due to rapidly receding demand for COVID tests, too. Despite unprecedented challenges for two of its operating segments, annual revenue climbed 6.4% last year once adjusted for the negative effects of a stronger U.S. dollar.</p><p>Abbott&#39;s raised its payout at a pace that crushes inflation, with help from a medical device segment that keeps launching successful new products. Last May, the U.S. Food and Drug Administration (FDA) cleared FreeStyle Libre 3, the company&#39;s next-generation constant blood-glucose monitor. In January, the FDA approved Abbott&#39;s new replacement heart valve system.</p><p>With plenty of new growth drivers to push profits in the right direction, patient investors can look forward to many more years of rapidly growing dividends from this stock.</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>3 Dividend-Growth Stocks to Buy in April That Can Crush Inflation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Dividend-Growth Stocks to Buy in April That Can Crush Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-03 23:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/04/02/3-dividend-growth-stocks-that-can-crush-inflation/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It isn't just your imagination: Day-to-day expenses are climbing. In February, the Consumer Price Index was up 6% over the previous year.You don't need to be an economist to understand inflation's ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/04/02/3-dividend-growth-stocks-that-can-crush-inflation/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UNH":"联合健康","CVS":"西维斯健康","ABT":"雅培"},"source_url":"https://www.fool.com/investing/2023/04/02/3-dividend-growth-stocks-that-can-crush-inflation/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2324206073","content_text":"It isn't just your imagination: Day-to-day expenses are climbing. In February, the Consumer Price Index was up 6% over the previous year.You don't need to be an economist to understand inflation's effect on income-generating stock portfolios. If prices consistently rise faster than the dividends you receive, your passive income stream could get squeezed down to a tiny trickle by the time you retire.If you're worried about how inflation could affect your future stream of passive income, consider these healthcare stocks.CompanyDividend YieldDividend Growth (5 Years)Dividend Growth (10 Years)CVS Health3.2%21%169%Abbott Laboratories2.1%82%264%UnitedHealth Group1.4%83%489%Data source: Yahoo! Finance.All three have a history of meeting and raising their payouts much faster than inflation. Read on to see why there's a good chance they can keep cranking their dividends higher in the years ahead.CVS HealthYou're probably familiar with CVS Health's enormous chain of retail pharmacies, but there's a lot more to this business. In 2018, it pulled off a $78 billion merger with health insurance benefits provider Aetna.Aetna wasn't CVS Health's first foray into benefits management, either. The company's pharmacy benefits management business is America's largest, with 110 million plan members.CVS Health probably doesn't show up when you screen for dividend growth stocks because it froze its payout for a few years to help pay down debt from the Aetna merger. Clearly, the merger has been successful. The company has raised its dividend commitment by 21% since Dec. 10, 2021.Americans spent $4.3 trillion on healthcare in 2021. While high prescription drug prices get a lot of attention, CVS Health understands that spending on physician and clinical services is more than double prescription drug spending.To help retain a larger portion of the monthly premiums it collects from around 35 million people, it's becoming a leading provider of the health insurance benefits it's paid to manage. The recent acquisition of Signify Health will add 10,000 clinicians to its employee roster. With the ability to provide more of the benefits it is also paid to manage, shareholders can look forward to big dividend raises for many years.UnitedHealth GroupUnitedHealth Group is America's largest manager of health insurance benefits. It receives premiums from around 48 million Americans each month and is improving at managing healthcare expenses by pursuing a vertical integration plan very similar to CVS Health.UnitedHealth Group's Optum Health segment is one of the country's largest employers of health practitioners. Around 70,000 physicians working in more than 2,200 locations are currently employed by or aligned with Optum Health.Despite rapidly raising its payout, the company needed just 25.6% of the free cash flow it generated over the past year to meet its dividend obligation. There are no guarantees that UnitedHealth will be able to raise its payout another 489% in the coming decade, but we can reasonably expect some big bumps in the right direction over the next few years.Abbott LaboratoriesIf health insurance benefits managers aren't your style, consider Abbott Laboratories. This healthcare conglomerate has raised its dividend payout for 60 consecutive years with help from increasing sales of tangible products and diagnostics.Abbott's nutrition segment gained a lot of attention last year after the temporary closure of a single manufacturing site led to a national baby formula shortage. Diagnostics sales declined in the fourth quarter due to rapidly receding demand for COVID tests, too. Despite unprecedented challenges for two of its operating segments, annual revenue climbed 6.4% last year once adjusted for the negative effects of a stronger U.S. dollar.Abbott's raised its payout at a pace that crushes inflation, with help from a medical device segment that keeps launching successful new products. Last May, the U.S. Food and Drug Administration (FDA) cleared FreeStyle Libre 3, the company's next-generation constant blood-glucose monitor. In January, the FDA approved Abbott's new replacement heart valve system.With plenty of new growth drivers to push profits in the right direction, patient investors can look forward to many more years of rapidly growing dividends from this stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951318432,"gmtCreate":1673397046026,"gmtModify":1676538829894,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9951318432","repostId":"2302011823","repostType":4,"repost":{"id":"2302011823","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":1673389877,"share":"https://www.laohu8.com/m/news/2302011823?lang=&edition=full","pubTime":"2023-01-11 06:31","market":"us","language":"en","title":"Wall St Ends Higher, Powell Comments Avoid Rate Policy","url":"https://stock-news.laohu8.com/highlight/detail?id=2302011823","media":"Reuters","summary":"* Investors await CPI data Thursday* U.S. earnings season begins this week* Jefferies shares rise af","content":"<html><head></head><body><p>* Investors await CPI data Thursday</p><p>* U.S. earnings season begins this week</p><p>* Jefferies shares rise after results</p><p>* Indexes: Dow up 0.6%, S&amp;P 500 up 0.7%, Nasdaq up 1%</p><p><img src=\"https://static.tigerbbs.com/ac12ad36f9d0b618a059d887b4db841d\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 10 (Reuters) - U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on rate policy.</p><p>In his first public appearance of the year, Powell said at a forum sponsored by the Swedish central bank that the Fed&#39;s independence is essential for it to battle inflation.</p><p>Recent comments by other Fed officials have supported the view that the central bank needs to remain aggressive in raising interest rates to control inflation. Fed Governor Michelle Bowman said on Tuesday the bank will have to raise interest rates further to combat high inflation.</p><p>&#34;Everybody hangs on every word from the Fed,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York. Powell &#34;didn&#39;t really say anything&#34; about policy, he added.</p><p>Investors anxiously awaited the U.S. consumer prices index report Thursday, which is expected to show some moderation in year-on-year prices in December.</p><p>Traders are betting on a 25-basis point rate hike at the Fed&#39;s upcoming policy meeting in February.</p><p>&#34;There are some indications that inflation is slowing significantly. What investors are really looking for is a gap down in major inflation data that could probably get the Fed&#39;s attention,&#34; Ghriskey said.</p><p>Amazon.com Inc. shares rose 2.9% and gave the Nasdaq and S&amp;P 500 their biggest boosts.</p><p>The Dow Jones Industrial Average rose 186.45 points, or 0.56%, to 33,704.1; the S&amp;P 500 gained 27.16 points, or 0.70%, at 3,919.25; and the Nasdaq Composite added 106.98 points, or 1.01%, at 10,742.63.</p><p>Shares of Microsoft Corp rose 0.8%, a day after Semafor, citing people familiar with the matter, reported that the tech company was in talks to invest $10 billion in ChatGPT-owner OpenAI.</p><p>Communications services was the day&#39;s best-performing sector, while energy rose along with oil prices.</p><p>This week marks the start of the fourth-quarter earnings season for S&amp;P 500 companies, with results from several of Wall Street&#39;s biggest banks due later this week.</p><p>Shares of investment bank Jefferies Financial Group rose 3.8% on Tuesday, a day after it posted its second-best year for investment banking revenue. It also reported a 52.5% slump in fourth-quarter profit.</p><p>Analysts expect overall S&amp;P 500 earnings to have declined 2.2% in the fourth quarter from a year ago, according to IBES data from Refinitiv, as worries about rising rates and the economy mounted.</p><p>Some investors are hoping for signs that the Fed may soon take a break after raising the federal funds rate seven times in 2022.</p><p>The World Bank on Tuesday slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes intensifies.</p><p>Volume on U.S. exchanges was 10.02 billion shares, compared with the 10.91 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.33-to-1 ratio; on Nasdaq, a 2.45-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted four new 52-week highs and no new lows; the Nasdaq Composite recorded 71 new highs and 30 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St Ends Higher, Powell Comments Avoid Rate Policy</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\">\nWall St Ends Higher, Powell Comments Avoid Rate Policy\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\">2023-01-11 06:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Investors await CPI data Thursday</p><p>* U.S. earnings season begins this week</p><p>* Jefferies shares rise after results</p><p>* Indexes: Dow up 0.6%, S&amp;P 500 up 0.7%, Nasdaq up 1%</p><p><img src=\"https://static.tigerbbs.com/ac12ad36f9d0b618a059d887b4db841d\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 10 (Reuters) - U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on rate policy.</p><p>In his first public appearance of the year, Powell said at a forum sponsored by the Swedish central bank that the Fed&#39;s independence is essential for it to battle inflation.</p><p>Recent comments by other Fed officials have supported the view that the central bank needs to remain aggressive in raising interest rates to control inflation. Fed Governor Michelle Bowman said on Tuesday the bank will have to raise interest rates further to combat high inflation.</p><p>&#34;Everybody hangs on every word from the Fed,&#34; said Tim Ghriskey, senior portfolio strategist at Ingalls &amp; Snyder in New York. Powell &#34;didn&#39;t really say anything&#34; about policy, he added.</p><p>Investors anxiously awaited the U.S. consumer prices index report Thursday, which is expected to show some moderation in year-on-year prices in December.</p><p>Traders are betting on a 25-basis point rate hike at the Fed&#39;s upcoming policy meeting in February.</p><p>&#34;There are some indications that inflation is slowing significantly. What investors are really looking for is a gap down in major inflation data that could probably get the Fed&#39;s attention,&#34; Ghriskey said.</p><p>Amazon.com Inc. shares rose 2.9% and gave the Nasdaq and S&amp;P 500 their biggest boosts.</p><p>The Dow Jones Industrial Average rose 186.45 points, or 0.56%, to 33,704.1; the S&amp;P 500 gained 27.16 points, or 0.70%, at 3,919.25; and the Nasdaq Composite added 106.98 points, or 1.01%, at 10,742.63.</p><p>Shares of Microsoft Corp rose 0.8%, a day after Semafor, citing people familiar with the matter, reported that the tech company was in talks to invest $10 billion in ChatGPT-owner OpenAI.</p><p>Communications services was the day&#39;s best-performing sector, while energy rose along with oil prices.</p><p>This week marks the start of the fourth-quarter earnings season for S&amp;P 500 companies, with results from several of Wall Street&#39;s biggest banks due later this week.</p><p>Shares of investment bank Jefferies Financial Group rose 3.8% on Tuesday, a day after it posted its second-best year for investment banking revenue. It also reported a 52.5% slump in fourth-quarter profit.</p><p>Analysts expect overall S&amp;P 500 earnings to have declined 2.2% in the fourth quarter from a year ago, according to IBES data from Refinitiv, as worries about rising rates and the economy mounted.</p><p>Some investors are hoping for signs that the Fed may soon take a break after raising the federal funds rate seven times in 2022.</p><p>The World Bank on Tuesday slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes intensifies.</p><p>Volume on U.S. exchanges was 10.02 billion shares, compared with the 10.91 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.33-to-1 ratio; on Nasdaq, a 2.45-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted four new 52-week highs and no new lows; the Nasdaq Composite recorded 71 new highs and 30 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","BK4559":"巴菲特持仓","BK4577":"网络游戏","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","MSFT":"微软","JEF":"杰富瑞","BK4527":"明星科技股","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4550":"红杉资本持仓","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","BK4579":"人工智能","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc",".DJI":"道琼斯","BK4503":"景林资产持仓","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4122":"互联网与直销零售","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus",".SPX":"S&P 500 Index","BK4561":"索罗斯持仓",".IXIC":"NASDAQ Composite","LU0528227936.USD":"富达环球人口趋势基金A-ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4581":"高盛持仓","BK4096":"电气部件与设备","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4554":"元宇宙及AR概念","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4576":"AR","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","AMZN":"亚马逊","BK4535":"淡马锡持仓","BK4524":"宅经济概念","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302011823","content_text":"* Investors await CPI data Thursday* U.S. earnings season begins this week* Jefferies shares rise after results* Indexes: Dow up 0.6%, S&P 500 up 0.7%, Nasdaq up 1%NEW YORK, Jan 10 (Reuters) - U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on rate policy.In his first public appearance of the year, Powell said at a forum sponsored by the Swedish central bank that the Fed's independence is essential for it to battle inflation.Recent comments by other Fed officials have supported the view that the central bank needs to remain aggressive in raising interest rates to control inflation. Fed Governor Michelle Bowman said on Tuesday the bank will have to raise interest rates further to combat high inflation.\"Everybody hangs on every word from the Fed,\" said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. Powell \"didn't really say anything\" about policy, he added.Investors anxiously awaited the U.S. consumer prices index report Thursday, which is expected to show some moderation in year-on-year prices in December.Traders are betting on a 25-basis point rate hike at the Fed's upcoming policy meeting in February.\"There are some indications that inflation is slowing significantly. What investors are really looking for is a gap down in major inflation data that could probably get the Fed's attention,\" Ghriskey said.Amazon.com Inc. shares rose 2.9% and gave the Nasdaq and S&P 500 their biggest boosts.The Dow Jones Industrial Average rose 186.45 points, or 0.56%, to 33,704.1; the S&P 500 gained 27.16 points, or 0.70%, at 3,919.25; and the Nasdaq Composite added 106.98 points, or 1.01%, at 10,742.63.Shares of Microsoft Corp rose 0.8%, a day after Semafor, citing people familiar with the matter, reported that the tech company was in talks to invest $10 billion in ChatGPT-owner OpenAI.Communications services was the day's best-performing sector, while energy rose along with oil prices.This week marks the start of the fourth-quarter earnings season for S&P 500 companies, with results from several of Wall Street's biggest banks due later this week.Shares of investment bank Jefferies Financial Group rose 3.8% on Tuesday, a day after it posted its second-best year for investment banking revenue. It also reported a 52.5% slump in fourth-quarter profit.Analysts expect overall S&P 500 earnings to have declined 2.2% in the fourth quarter from a year ago, according to IBES data from Refinitiv, as worries about rising rates and the economy mounted.Some investors are hoping for signs that the Fed may soon take a break after raising the federal funds rate seven times in 2022.The World Bank on Tuesday slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes intensifies.Volume on U.S. exchanges was 10.02 billion shares, compared with the 10.91 billion average for the full session over the last 20 trading days.Advancing issues outnumbered decliners on the NYSE by a 2.33-to-1 ratio; on Nasdaq, a 2.45-to-1 ratio favored advancers.The S&P 500 posted four new 52-week highs and no new lows; the Nasdaq Composite recorded 71 new highs and 30 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964031537,"gmtCreate":1670032877129,"gmtModify":1676538292264,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"m","listText":"m","text":"m","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/9964031537","repostId":"1152464265","repostType":4,"repost":{"id":"1152464265","pubTimestamp":1670022054,"share":"https://www.laohu8.com/m/news/1152464265?lang=&edition=full","pubTime":"2022-12-03 07:00","market":"us","language":"en","title":"11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1152464265","media":"Bloomberg","summary":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Ha","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cb8b5a354d9d687bd95cdff74dddc508\" tg-width=\"1214\" tg-height=\"811\" width=\"100%\" height=\"auto\"/></p><p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.</p><p>“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.</p><p>This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’s<i>Charging Bull</i>statue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.</p><p>Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)</p><p>“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”</p><p>But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at a<i>New York Times</i>conference and an interview on<i>Good Morning America</i>. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?</p><p><img src=\"https://static.tigerbbs.com/79b2ba9ef6da8454146f200cdc460f6e\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Bankman-Fried after an interview on<i>Bloomberg Wealth With David Rubenstein</i>on Aug. 17, 2022.Photographer: Jeenah Moon/Bloomberg</p><p>He doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.</p><p>It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.</p><p>I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith a<i>Vox</i>reporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” the<i>Vox</i>reporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.</p><p>I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.</p><p>To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messaged<i>Vox</i>, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.</p><p>I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”</p><p>“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”</p><p>That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he got<i>un</i>lucky, or miscalculated the odds.</p><p>Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end of<i>Scarface</i>, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.</p><p>Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.</p><p>The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.</p><p>Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.</p><p>“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”</p><p>The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)</p><p>The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.</p><p>The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”</p><p>“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”</p><p>Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.</p><p>Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.</p><p>That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.</p><p>As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,<i>Reminiscences of a Stock Operator.</i>Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.</p><p>The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.</p><p>Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.</p><p>But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”</p><p>“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”</p><p>Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.</p><p>The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.</p><p>There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)</p><p>When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.</p><p>“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)</p><p>“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”</p><p>“You were all aware there was a chance this would not work,” I say.</p><p>“That’s right,” he says. “But I thought that the risk was substantially smaller.”</p><p>I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.</p><p>“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”</p><p>“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”</p><p>Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.</p><p>“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.</p><p>“So what’s the problem, then?”</p><p>Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.</p><p>“What’s the difference between these two rows here?” he asks.</p><p>“You didn’t have $8 billion in cash that you thought you had,” I say.</p><p>“That’s correct. Yes.”</p><p>“You misplaced $8 billion?” I ask.</p><p>“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.</p><p>That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.</p><p>To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.</p><p>Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.</p><p>It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”</p><p>“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.</p><p>Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.</p><p>With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.</p><p>The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this big<i>Wolf of Wall Street</i>thing,” he said. “Bro, it was a bunch of nerds.”</p><p><img src=\"https://static.tigerbbs.com/b87535c118f069e782e80762398d0a9c\" tg-width=\"1000\" tg-height=\"1000\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Illustration: Maxime Mouysset for Bloomberg Businessweek</p><p>By the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.</p><p>I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.</p><p>I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.</p><p>“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”</p><p>I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”</p><p>Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.</p><p>I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.</p><p>“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”</p><p>“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”</p><p>To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”</p><p>“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”</p><p>“You had a rule on your platform. You didn’t follow it,” I say.</p><p>By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.</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>11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall</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\">\n11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?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":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152464265","content_text":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’sCharging Bullstatue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at aNew York Timesconference and an interview onGood Morning America. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?Bankman-Fried after an interview onBloomberg Wealth With David Rubensteinon Aug. 17, 2022.Photographer: Jeenah Moon/BloombergHe doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith aVoxreporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” theVoxreporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messagedVox, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he gotunlucky, or miscalculated the odds.Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end ofScarface, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,Reminiscences of a Stock Operator.Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”“You were all aware there was a chance this would not work,” I say.“That’s right,” he says. “But I thought that the risk was substantially smaller.”I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.“So what’s the problem, then?”Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.“What’s the difference between these two rows here?” he asks.“You didn’t have $8 billion in cash that you thought you had,” I say.“That’s correct. Yes.”“You misplaced $8 billion?” I ask.“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this bigWolf of Wall Streetthing,” he said. “Bro, it was a bunch of nerds.”Illustration: Maxime Mouysset for Bloomberg BusinessweekBy the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”“You had a rule on your platform. You didn’t follow it,” I say.By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962613431,"gmtCreate":1669768468524,"gmtModify":1676538238543,"author":{"id":"3582461179498852","authorId":"3582461179498852","name":"Jloong","avatar":"https://static.tigerbbs.com/c4b2ad914ca2d224c8a40f6783470de6","crmLevel":4,"crmLevelSwitch":1},"themes":[],"htmlText":"t","listText":"t","text":"t","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/9962613431","repostId":"2287859746","repostType":4,"repost":{"id":"2287859746","pubTimestamp":1669768217,"share":"https://www.laohu8.com/m/news/2287859746?lang=&edition=full","pubTime":"2022-11-30 08:30","market":"us","language":"en","title":"\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX","url":"https://stock-news.laohu8.com/highlight/detail?id=2287859746","media":"The Sydney Morning Herald","summary":"When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam","content":"<html><head></head><body><p>When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.</p><p>But his attempt to calm the situation belied what had just taken place within the company. As the crisis unfolded, a group of FTX lawyers and executives moved to strip authority from Bankman-Fried and urged the company’s top leaders to prepare for bankruptcy. For days, Bankman-Fried ignored their warnings and clung to power, seemingly convinced that he could save the firm, despite mounting evidence to the contrary.</p><p><img src=\"https://static.tigerbbs.com/7817164bdd32445ac4f1e4197abf2ee9\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>Before his empire fell, FTX founder Sam Bankman-Fried had agreed to several deals that are now in limbo, including the purchase of Voyager.Credit:Bloomberg</p><p>“The exchanges must be halted immediately,” Ryne Miller, a top FTX lawyer, wrote in an email to Bankman-Fried and other staff November 10. “The founding team is not currently in a cooperative posture.”</p><p>Bankman-Fried eventually relented, stepping down as FTX’s chief executive and authorising the company to file for bankruptcy. Dozens of pages of internal company emails and texts obtained by <i>The New York Times</i> offer a detailed look at those chaotic final days, as messages flew back and forth among FTX officials who seemed to be growing increasingly irritated with the 30-year-old founder.</p><p>Throughout, Bankman-Fried appeared deluded about FTX’s prospects, insisting that he could find a way to keep the company running, the documents show. A day before the bankruptcy filing, he told employees that he was trying to raise new funding, and as recently as last week he said he regretted authorising the bankruptcy.</p><p>The messages reviewed by <i>The Times</i> and interviews with insiders show how a small group of lawyers and executives struggled to get through to Bankman-Fried, even appealing to his father as they pressed their case. While Bankman-Fried was scrambling to line up investors, Miller sent a text to top staff describing the prospect of a fundraise as “0% likelihood.”</p><p>The push and pull continued into the early hours of November 11, when Miller sent a series of messages urging Bankman-Fried to sign papers so the company could file for bankruptcy.</p><p>“Please can you sign the document,” he wrote at 2:29 a.m.</p><p>FTX’s implosion has set off one of the worst upheavals in the history of crypto. Until this month, Bankman-Fried was regarded as one of the few trustworthy figures in a freewheeling, loosely regulated industry. He built a business empire, invested in smaller crypto firms and lobbied aggressively in Washington.</p><p>Now his actions are devastating the industry. Hundreds of thousands of customers stored their funds on FTX, which provided a marketplace for people to buy and sell digital coins; the exchange owes its creditors an estimated $US8 billion ($12 billion). And since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure, as fears grow that the collapse could cause other companies to fail. On Monday, the crypto lender BlockFi filed for bankruptcy, citing the fallout from FTX’s disintegration.</p><p><img src=\"https://static.tigerbbs.com/32f2132b7d404efd1ddccd3bc0e6eb7d\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>The FTX saga has left the entire industry crypto industry rattled. Credit:Getty</p><p>The legal ramifications are only beginning to take shape. Justice Department prosecutors are investigating FTX’s downfall, focusing on whether the exchange broke the law by lending its customers’ funds to the hedge fund Alameda Research, which Bankman-Fried also founded and owned. In bankruptcy court, FTX’s new chief executive has harshly criticised Bankman-Fried’s management of the company, calling it a “complete failure of corporate control.”</p><p>Reached by phone Sunday night, Bankman-Fried declined to address the messages that top executives exchanged leading up to the bankruptcy filing. But he said that even after FTX’s collapse, he had found “numerous parties” willing to invest funds. He declined to name any of the possible investors.</p><p>Miller and an FTX spokesman declined to comment.</p><p>The crisis began November 8, when Bankman-Fried announced that a run on deposits at FTX had forced him to sell the company to one of its bitterest rivals, Binance. For about a day, the deal raised the prospect that FTX could survive as part of a giant exchange run by Binance. But after reviewing FTX’s financial records, Binance pulled out of the agreement, citing issues with “corporate due diligence.”</p><p>“Sam, I’m sorry,” Binance’s founder, Changpeng Zhao, wrote in a text message to Bankman-Fried. “But we won’t be able to continue this deal. Way too many issues. CZ.”</p><p>With FTX swiftly unravelling, Miller tried to seize control of the situation. A former lawyer for the Commodity Futures Trading Commission, Miller had served as general counsel of FTX’s U.S. arm since August 2021. While he never belonged to Bankman-Fried’s main circle of advisers in the Bahamas, where FTX was based, he had accompanied the young executive in meetings with regulators in Washington.</p><p>Early in the crisis, Caroline Ellison, the chief executive of Alameda, wrote in a group chat with Miller that she was “kinda worried that everyone is gonna quit/take time off,” adding an emoticon of a sweating face. Miller responded November 9 that FTX needed “a professional manager vested with decision-making authority.”</p><p>That afternoon, Miller asked Bankman-Fried and two other executives to shut down trading on FTX’s platforms</p><p>“Who can turn off the websites?” he asked in a group chat at 4:41 p.m.</p><p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> minutes later, he got a response from Constance Wang, FTX’s chief operating officer and one of Bankman-Fried’s top lieutenants.</p><p>“Ryne, I love you,” she wrote, “but I don’t want to stop trying yet.”</p><p>Miller and other FTX executives also urged Bankman-Fried to give up some control of his business empire. At one point, Zach Dexter, an executive who worked on FTX’s American business, asked Bankman-Fried to delegate authority over US operations to him and Miller. In an exchange on the messaging system Slack, Bankman-Fried at first appeared to dodge Dexter’s question. Instead, he responded with proposed language for a banner on FTX’s US website.</p><p><img src=\"https://static.tigerbbs.com/116265319d5567b7160bed4ca533e339\" tg-width=\"584\" tg-height=\"389\" referrerpolicy=\"no-referrer\"/></p><p>Since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure,Credit:AP</p><p>Soon other FTX officials joined in, urging Bankman-Fried to forgo some control.</p><p>But Bankman-Fried seemed convinced he could save FTX. In a message to employees November 10, he announced that he was hoping to secure new financing from crypto entrepreneur Justin Sun. FTX had “a lot theoretically in and/or potentially for the raise,” he wrote.</p><p>Behind the scenes, pressure was growing to appoint a new executive to lead the exchange. On the night of November 9, Andrew Dietderich, a lawyer at Sullivan &amp; Cromwell, sent FTX executives the resume of John Jay Ray III, a corporate turnaround expert who had led the unwinding of Enron after the energy company’s collapse in an accounting scandal in 2001.</p><p>“Sam this is an excellent pick and I wholeheartedly hope you sign this tonight,” Dexter wrote in an email on the evening of November 10. “The faster John is in place, the faster the company can resolve issues that require urgent progress.”</p><p>A flurry of emails followed. In a message at 3:38 a.m. on November 11, Miller asked for an update on Bankman-Fried’s decision.</p><p>“I am chatting with Sam,” responded Ken Ziman, a lawyer at the firm Paul Weiss who was representing Bankman-Fried.</p><p>Ten minutes later, Ziman confirmed that Bankman-Fried had signed the document, authorising Ray to take over FTX. The company filed for bankruptcy a few hours later.</p><p>Bankman-Fried was also frustrated. Despite giving up control of FTX, he continued contacting possible investors about new funding for the exchange. In a letter to former colleagues last week, he said he regretted filing for bankruptcy, claiming that “potential interest in billions of dollars of funding came in roughly eight minutes after I signed the Chapter 11 docs.”</p><p>He presented no evidence for that claim, and in any case, FTX was no longer his company to run. On the morning of November 11, Miller moved quickly to make that clear, requesting the deletion of information about the firm’s old leadership from its website.</p><p>“Who can go to FTX.com and FTX US and remove the pictures and bios of the people under ‘about,’” he asked in a group chat with other executives.</p></body></html>","source":"smh_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>\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX</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\">\n\"Who Can Turn off the Websites?\": Inside Bankman-Fried’s Chaotic Final Days in Charge of FTX\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-30 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html><strong>The Sydney Morning Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.But his attempt to calm the ...</p>\n\n<a href=\"https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.smh.com.au/business/companies/who-can-turn-off-the-websites-inside-bankman-fried-s-chaotic-final-days-in-charge-of-ftx-20221130-p5c2ct.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287859746","content_text":"When the cryptocurrency exchange FTX filed for bankruptcy on November 11, the company’s founder, Sam Bankman-Fried, announced the news in a contrite message on Twitter.But his attempt to calm the situation belied what had just taken place within the company. As the crisis unfolded, a group of FTX lawyers and executives moved to strip authority from Bankman-Fried and urged the company’s top leaders to prepare for bankruptcy. For days, Bankman-Fried ignored their warnings and clung to power, seemingly convinced that he could save the firm, despite mounting evidence to the contrary.Before his empire fell, FTX founder Sam Bankman-Fried had agreed to several deals that are now in limbo, including the purchase of Voyager.Credit:Bloomberg“The exchanges must be halted immediately,” Ryne Miller, a top FTX lawyer, wrote in an email to Bankman-Fried and other staff November 10. “The founding team is not currently in a cooperative posture.”Bankman-Fried eventually relented, stepping down as FTX’s chief executive and authorising the company to file for bankruptcy. Dozens of pages of internal company emails and texts obtained by The New York Times offer a detailed look at those chaotic final days, as messages flew back and forth among FTX officials who seemed to be growing increasingly irritated with the 30-year-old founder.Throughout, Bankman-Fried appeared deluded about FTX’s prospects, insisting that he could find a way to keep the company running, the documents show. A day before the bankruptcy filing, he told employees that he was trying to raise new funding, and as recently as last week he said he regretted authorising the bankruptcy.The messages reviewed by The Times and interviews with insiders show how a small group of lawyers and executives struggled to get through to Bankman-Fried, even appealing to his father as they pressed their case. While Bankman-Fried was scrambling to line up investors, Miller sent a text to top staff describing the prospect of a fundraise as “0% likelihood.”The push and pull continued into the early hours of November 11, when Miller sent a series of messages urging Bankman-Fried to sign papers so the company could file for bankruptcy.“Please can you sign the document,” he wrote at 2:29 a.m.FTX’s implosion has set off one of the worst upheavals in the history of crypto. Until this month, Bankman-Fried was regarded as one of the few trustworthy figures in a freewheeling, loosely regulated industry. He built a business empire, invested in smaller crypto firms and lobbied aggressively in Washington.Now his actions are devastating the industry. Hundreds of thousands of customers stored their funds on FTX, which provided a marketplace for people to buy and sell digital coins; the exchange owes its creditors an estimated $US8 billion ($12 billion). And since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure, as fears grow that the collapse could cause other companies to fail. On Monday, the crypto lender BlockFi filed for bankruptcy, citing the fallout from FTX’s disintegration.The FTX saga has left the entire industry crypto industry rattled. Credit:GettyThe legal ramifications are only beginning to take shape. Justice Department prosecutors are investigating FTX’s downfall, focusing on whether the exchange broke the law by lending its customers’ funds to the hedge fund Alameda Research, which Bankman-Fried also founded and owned. In bankruptcy court, FTX’s new chief executive has harshly criticised Bankman-Fried’s management of the company, calling it a “complete failure of corporate control.”Reached by phone Sunday night, Bankman-Fried declined to address the messages that top executives exchanged leading up to the bankruptcy filing. But he said that even after FTX’s collapse, he had found “numerous parties” willing to invest funds. He declined to name any of the possible investors.Miller and an FTX spokesman declined to comment.The crisis began November 8, when Bankman-Fried announced that a run on deposits at FTX had forced him to sell the company to one of its bitterest rivals, Binance. For about a day, the deal raised the prospect that FTX could survive as part of a giant exchange run by Binance. But after reviewing FTX’s financial records, Binance pulled out of the agreement, citing issues with “corporate due diligence.”“Sam, I’m sorry,” Binance’s founder, Changpeng Zhao, wrote in a text message to Bankman-Fried. “But we won’t be able to continue this deal. Way too many issues. CZ.”With FTX swiftly unravelling, Miller tried to seize control of the situation. A former lawyer for the Commodity Futures Trading Commission, Miller had served as general counsel of FTX’s U.S. arm since August 2021. While he never belonged to Bankman-Fried’s main circle of advisers in the Bahamas, where FTX was based, he had accompanied the young executive in meetings with regulators in Washington.Early in the crisis, Caroline Ellison, the chief executive of Alameda, wrote in a group chat with Miller that she was “kinda worried that everyone is gonna quit/take time off,” adding an emoticon of a sweating face. Miller responded November 9 that FTX needed “a professional manager vested with decision-making authority.”That afternoon, Miller asked Bankman-Fried and two other executives to shut down trading on FTX’s platforms“Who can turn off the websites?” he asked in a group chat at 4:41 p.m.Two minutes later, he got a response from Constance Wang, FTX’s chief operating officer and one of Bankman-Fried’s top lieutenants.“Ryne, I love you,” she wrote, “but I don’t want to stop trying yet.”Miller and other FTX executives also urged Bankman-Fried to give up some control of his business empire. At one point, Zach Dexter, an executive who worked on FTX’s American business, asked Bankman-Fried to delegate authority over US operations to him and Miller. In an exchange on the messaging system Slack, Bankman-Fried at first appeared to dodge Dexter’s question. Instead, he responded with proposed language for a banner on FTX’s US website.Since the implosion, several major crypto firms with close ties to FTX have come under mounting financial pressure,Credit:APSoon other FTX officials joined in, urging Bankman-Fried to forgo some control.But Bankman-Fried seemed convinced he could save FTX. In a message to employees November 10, he announced that he was hoping to secure new financing from crypto entrepreneur Justin Sun. FTX had “a lot theoretically in and/or potentially for the raise,” he wrote.Behind the scenes, pressure was growing to appoint a new executive to lead the exchange. On the night of November 9, Andrew Dietderich, a lawyer at Sullivan & Cromwell, sent FTX executives the resume of John Jay Ray III, a corporate turnaround expert who had led the unwinding of Enron after the energy company’s collapse in an accounting scandal in 2001.“Sam this is an excellent pick and I wholeheartedly hope you sign this tonight,” Dexter wrote in an email on the evening of November 10. “The faster John is in place, the faster the company can resolve issues that require urgent progress.”A flurry of emails followed. In a message at 3:38 a.m. on November 11, Miller asked for an update on Bankman-Fried’s decision.“I am chatting with Sam,” responded Ken Ziman, a lawyer at the firm Paul Weiss who was representing Bankman-Fried.Ten minutes later, Ziman confirmed that Bankman-Fried had signed the document, authorising Ray to take over FTX. The company filed for bankruptcy a few hours later.Bankman-Fried was also frustrated. Despite giving up control of FTX, he continued contacting possible investors about new funding for the exchange. In a letter to former colleagues last week, he said he regretted filing for bankruptcy, claiming that “potential interest in billions of dollars of funding came in roughly eight minutes after I signed the Chapter 11 docs.”He presented no evidence for that claim, and in any case, FTX was no longer his company to run. On the morning of November 11, Miller moved quickly to make that clear, requesting the deletion of information about the firm’s old leadership from its website.“Who can go to FTX.com and FTX US and remove the pictures and bios of the people under ‘about,’” he asked in a group chat with other executives.","news_type":1},"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}