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2023-03-10

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Pre-Bell｜Dow Futures Gained Over 50 Points After Jobless Claims; This Short-Squeezed Stock Rebounded 30%

2023-03-10

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Dow Opens 100 Points Higher As Wall Street Braces for Friday’s Jobs Report

2023-03-10

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Nasdaq Bear Market: 2 Remarkable Growth Stocks Down 75% and 86% to Buy in March and Hold Forever

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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":1678370236,"share":"https://www.laohu8.com/m/news/1134118491?lang=&edition=full","pubTime":"2023-03-09 21:57","market":"us","language":"en","title":"Pre-Bell｜Dow Futures Gained Over 50 Points After Jobless Claims; This Short-Squeezed Stock Rebounded 30%","url":"https://stock-news.laohu8.com/highlight/detail?id=1134118491","media":"Tiger Newspress","summary":"U.S. stock futures turned up after the key employment data. Initial unemployment claims increased by","content":"<html><head></head><body><p>U.S. stock futures turned up after the key employment data. Initial unemployment claims increased by 21,000 to 211,000 in the week ended March 4, Labor Department data showed Thursday. The median forecast of economists was for 195,000 applications.</p><p><b>Market Snapshot</b></p><p>At 8:55 a.m. ET, Dow e-minis were up 54 points, or 0.16%, S&amp;P 500 e-minis were up 3.25 points, or 0.08%, and Nasdaq 100 e-minis were up 4.5 points, or 0.04%.</p><p><img src=\"https://static.tigerbbs.com/ee42f820e203563ff7f78dda210cce90\" tg-width=\"263\" tg-height=\"137\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/TRKA\">Troika Media Group Inc.</a></b> -- Stocks rebounded nearly 32% in premarket trading. It recently reported that it has 12.89 million shares sold short, which is 49.44% of all regular shares that are available for trading.</p><p><b><a href=\"https://laohu8.com/S/SAVA\">Cassava Sciences Inc</a></b> -- Stocks gained over 12% in premarket trading. An SEC filing shows Barry who is a managing member at GSM Fund LLC purchased 11,565 shares at an average price of $26.13 on March 6 for a total amount of $302,193. The following day, he purchased 77,276 shares at an average price of $25.76 for a total amount of ~$1.99M.</p><p><b><a href=\"https://laohu8.com/S/ASAN\">Asana, Inc.</a></b> -- Stocks jumped over 17% in premarket trading after Chairman and CEO Dustin Moskovitz, the company’s founder, disclosed plans to buy up to 30 million shares of the software company’s Class A common stock. The company also said it expects a fiscal first-quarter loss narrower than Wall Street forecasts.</p><p><b><a href=\"https://laohu8.com/S/MDB\">MongoDB Inc.</a></b> -- Stocks fell over 10% in premarket trading after issuing revenue forecasts for the fiscal first quarter and year that were below analysts’ expectations.</p><p><b><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a></b> -- Stocks crashed 50% after announcing that subsidiary Silvergate Bank, the crypto-focused bank, would wind down operations and liquidate. 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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>Pre-Bell｜Dow Futures Gained Over 50 Points After Jobless Claims; This Short-Squeezed Stock Rebounded 30%</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; 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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\">\nPre-Bell｜Dow Futures Gained Over 50 Points After Jobless Claims; This Short-Squeezed Stock Rebounded 30%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-09 21:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock futures turned up after the key employment data. Initial unemployment claims increased by 21,000 to 211,000 in the week ended March 4, Labor Department data showed Thursday. The median forecast of economists was for 195,000 applications.</p><p><b>Market Snapshot</b></p><p>At 8:55 a.m. ET, Dow e-minis were up 54 points, or 0.16%, S&amp;P 500 e-minis were up 3.25 points, or 0.08%, and Nasdaq 100 e-minis were up 4.5 points, or 0.04%.</p><p><img src=\"https://static.tigerbbs.com/ee42f820e203563ff7f78dda210cce90\" tg-width=\"263\" tg-height=\"137\" referrerpolicy=\"no-referrer\"/></p><p><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/TRKA\">Troika Media Group Inc.</a></b> -- Stocks rebounded nearly 32% in premarket trading. It recently reported that it has 12.89 million shares sold short, which is 49.44% of all regular shares that are available for trading.</p><p><b><a href=\"https://laohu8.com/S/SAVA\">Cassava Sciences Inc</a></b> -- Stocks gained over 12% in premarket trading. An SEC filing shows Barry who is a managing member at GSM Fund LLC purchased 11,565 shares at an average price of $26.13 on March 6 for a total amount of $302,193. The following day, he purchased 77,276 shares at an average price of $25.76 for a total amount of ~$1.99M.</p><p><b><a href=\"https://laohu8.com/S/ASAN\">Asana, Inc.</a></b> -- Stocks jumped over 17% in premarket trading after Chairman and CEO Dustin Moskovitz, the company’s founder, disclosed plans to buy up to 30 million shares of the software company’s Class A common stock. The company also said it expects a fiscal first-quarter loss narrower than Wall Street forecasts.</p><p><b><a href=\"https://laohu8.com/S/MDB\">MongoDB Inc.</a></b> -- Stocks fell over 10% in premarket trading after issuing revenue forecasts for the fiscal first quarter and year that were below analysts’ expectations.</p><p><b><a href=\"https://laohu8.com/S/SI\">Silvergate Capital</a></b> -- Stocks crashed 50% after announcing that subsidiary Silvergate Bank, the crypto-focused bank, would wind down operations and liquidate. Silvergate said in a filing with the Securities and Exchange Commission last week that it would delay the filing of its annual report and was assessing its ability to “continue as a going concern.”</p><p><b><a href=\"https://laohu8.com/S/SIVB\">SVB Financial Group</a></b> -- Stocks tumbled over 31% in premarket trading. It said on Wednesday it intends to offer $1.25 billion of its common stock and $500 million of depositary shares in separate offerings. It also sold about $21 billion of securities, which will result in an after-tax loss of $1.8 billion in the first quarter of 2023.</p><p><b><a href=\"https://laohu8.com/S/CS\">Credit Suisse Group AG</a></b> -- Stocks fell over 5% in premarket trading. It delayed the publication of its annual report and compensation details for 2022 after US regulators raised last-minute technical queries on previous statements.</p><p><b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> -- Stocks slid over 3% in premarket trading. It is removing all the radars from the China-made Model Y crossover, following its practice in the US market.</p><p><b>Market News</b></p><p>Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was still underway with a decision hinging on data to be issued before the U.S. central bank&#39;s policy meeting in two weeks.</p><p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b> is reshuffling management of its international businesses to put a bigger focus on India, according to people with knowledge of the matter, a sign of the nation’s growing importance. The shift will mark the first time that India becomes its own sales region at Apple, which has seen demand surge in the country.</p><p><b><a href=\"https://laohu8.com/S/JD\">JD.com</a></b>&#39;s Q4 Revenue rose 7.1% to 295.4 billion yuan ($42.8 billion) in the three months ended December. Quarterly net income attributable to ordinary shareholders was 3 billion yuan, compared with a net loss of 5.2 billion yuan a year earlier.</p><p><b><a href=\"https://laohu8.com/S/UBER\">Uber</a></b> is exploring whether to spin off its Uber Freight logistics arm in a sale or as a separate publicly traded company to streamline its focus on ride hailing and food delivery, according to people familiar with the matter.</p><p><b><a href=\"https://laohu8.com/S/CS\">Credit Suisse Group AG</a></b> delayed the publication of its annual report and compensation details for 2022 after US regulators raised last-minute technical queries on previous statements.</p><p><b><a href=\"https://laohu8.com/S/AXP\">American Express</a></b> said Wednesday its board has approved the repurchase of up to 120M common shares, replacing the ~36M shares remaining from the previous authorization in 2019.</p><p><b><a href=\"https://laohu8.com/S/LLY\">Eli Lilly</a></b> said late Wednesday that a drug aimed at preventing Alzheimer&#39;s disease before symptoms start has failed to slow down cognitive decline in healthy older adults at risk of developing the disease.</p><p>The U.S. International Trade Commission on Wednesday banned imports of video-streaming fitness devices made by <b><a href=\"https://laohu8.com/S/PTON\">Peloton Interactive, Inc.</a></b> and iFit Inc after an agency in-house judge last year found they infringed Dish Network Corp patents.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134118491","content_text":"U.S. stock futures turned up after the key employment data. Initial unemployment claims increased by 21,000 to 211,000 in the week ended March 4, Labor Department data showed Thursday. The median forecast of economists was for 195,000 applications.Market SnapshotAt 8:55 a.m. ET, Dow e-minis were up 54 points, or 0.16%, S&P 500 e-minis were up 3.25 points, or 0.08%, and Nasdaq 100 e-minis were up 4.5 points, or 0.04%.Pre-Market MoversTroika Media Group Inc. -- Stocks rebounded nearly 32% in premarket trading. It recently reported that it has 12.89 million shares sold short, which is 49.44% of all regular shares that are available for trading.Cassava Sciences Inc -- Stocks gained over 12% in premarket trading. An SEC filing shows Barry who is a managing member at GSM Fund LLC purchased 11,565 shares at an average price of $26.13 on March 6 for a total amount of $302,193. The following day, he purchased 77,276 shares at an average price of $25.76 for a total amount of ~$1.99M.Asana, Inc. -- Stocks jumped over 17% in premarket trading after Chairman and CEO Dustin Moskovitz, the company’s founder, disclosed plans to buy up to 30 million shares of the software company’s Class A common stock. The company also said it expects a fiscal first-quarter loss narrower than Wall Street forecasts.MongoDB Inc. -- Stocks fell over 10% in premarket trading after issuing revenue forecasts for the fiscal first quarter and year that were below analysts’ expectations.Silvergate Capital -- Stocks crashed 50% after announcing that subsidiary Silvergate Bank, the crypto-focused bank, would wind down operations and liquidate. Silvergate said in a filing with the Securities and Exchange Commission last week that it would delay the filing of its annual report and was assessing its ability to “continue as a going concern.”SVB Financial Group -- Stocks tumbled over 31% in premarket trading. It said on Wednesday it intends to offer $1.25 billion of its common stock and $500 million of depositary shares in separate offerings. It also sold about $21 billion of securities, which will result in an after-tax loss of $1.8 billion in the first quarter of 2023.Credit Suisse Group AG -- Stocks fell over 5% in premarket trading. It delayed the publication of its annual report and compensation details for 2022 after US regulators raised last-minute technical queries on previous statements.Tesla Motors -- Stocks slid over 3% in premarket trading. It is removing all the radars from the China-made Model Y crossover, following its practice in the US market.Market NewsFederal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was still underway with a decision hinging on data to be issued before the U.S. central bank's policy meeting in two weeks.Apple is reshuffling management of its international businesses to put a bigger focus on India, according to people with knowledge of the matter, a sign of the nation’s growing importance. The shift will mark the first time that India becomes its own sales region at Apple, which has seen demand surge in the country.JD.com's Q4 Revenue rose 7.1% to 295.4 billion yuan ($42.8 billion) in the three months ended December. Quarterly net income attributable to ordinary shareholders was 3 billion yuan, compared with a net loss of 5.2 billion yuan a year earlier.Uber is exploring whether to spin off its Uber Freight logistics arm in a sale or as a separate publicly traded company to streamline its focus on ride hailing and food delivery, according to people familiar with the matter.Credit Suisse Group AG delayed the publication of its annual report and compensation details for 2022 after US regulators raised last-minute technical queries on previous statements.American Express said Wednesday its board has approved the repurchase of up to 120M common shares, replacing the ~36M shares remaining from the previous authorization in 2019.Eli Lilly said late Wednesday that a drug aimed at preventing Alzheimer's disease before symptoms start has failed to slow down cognitive decline in healthy older adults at risk of developing the disease.The U.S. International Trade Commission on Wednesday banned imports of video-streaming fitness devices made by Peloton Interactive, Inc. and iFit Inc after an agency in-house judge last year found they infringed Dish Network Corp patents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":111,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949343155,"gmtCreate":1678399454177,"gmtModify":1678402258968,"author":{"id":"3583638932474349","authorId":"3583638932474349","name":"Wawababe","avatar":"https://static.tigerbbs.com/be4fb13d2ba26c45bb03d6579cfcb42e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949343155","repostId":"1165379316","repostType":4,"repost":{"id":"1165379316","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":1678372450,"share":"https://www.laohu8.com/m/news/1165379316?lang=&edition=full","pubTime":"2023-03-09 22:34","market":"us","language":"en","title":"Dow Opens 100 Points Higher As Wall Street Braces for Friday’s Jobs Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1165379316","media":"Tiger Newspress","summary":"Stocks opened higher Thursday as traders continued to process comments from Federal Reserve Chairman","content":"<html><head></head><body><p>Stocks opened higher Thursday as traders continued to process comments from Federal Reserve Chairman Jerome Powell and awaited key employment data.</p><p>The Dow Jones Industrial Average added 130 points, or 0.4%. The S&amp;P 500 and Nasdaq Composite added 0.17% and 0.05%, respectively.</p><p>Those moves come a day after Powell reiterated his warning message to lawmakers that the central bank may raise interest rates higher than previously expected. While the Fed chair emphasized that no decision has been made regarding the March meeting, traders are bracing for a larger-than-expected hike, with more than 80% calling for a 50 basis point increase, according to CME Group’s FedWatch tool.</p><p>Investors received more news on the state of the labor market ahead of Friday’s closely watched nonfarm payrolls report. Jobless claims for the week ended March 4 rose more than expected, signaling that the labor may be starting to slow. In retrospect, ADP’s payrolls report and JOLTs data on Wednesday suggested a resilient economy, heightening fears that the Fed needs more hiking to slow it.</p><p>Some economists, including those at Citi, expect a positive surprise to the upside come Friday’s payrolls data, following January’s blowout report. Strong jobs growth could mean bad news for the market, wrote strategist Alex Saunders in a Wednesday note to clients.</p><p>“Given that good news is bad news for markets, we think this would likely cause equities to sell-off further and support the case for an outsize Fed hike,” Saunders said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Opens 100 Points Higher As Wall Street Braces for Friday’s Jobs Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Opens 100 Points Higher As Wall Street Braces for Friday’s Jobs Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-09 22:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks opened higher Thursday as traders continued to process comments from Federal Reserve Chairman Jerome Powell and awaited key employment data.</p><p>The Dow Jones Industrial Average added 130 points, or 0.4%. The S&amp;P 500 and Nasdaq Composite added 0.17% and 0.05%, respectively.</p><p>Those moves come a day after Powell reiterated his warning message to lawmakers that the central bank may raise interest rates higher than previously expected. While the Fed chair emphasized that no decision has been made regarding the March meeting, traders are bracing for a larger-than-expected hike, with more than 80% calling for a 50 basis point increase, according to CME Group’s FedWatch tool.</p><p>Investors received more news on the state of the labor market ahead of Friday’s closely watched nonfarm payrolls report. Jobless claims for the week ended March 4 rose more than expected, signaling that the labor may be starting to slow. In retrospect, ADP’s payrolls report and JOLTs data on Wednesday suggested a resilient economy, heightening fears that the Fed needs more hiking to slow it.</p><p>Some economists, including those at Citi, expect a positive surprise to the upside come Friday’s payrolls data, following January’s blowout report. Strong jobs growth could mean bad news for the market, wrote strategist Alex Saunders in a Wednesday note to clients.</p><p>“Given that good news is bad news for markets, we think this would likely cause equities to sell-off further and support the case for an outsize Fed hike,” Saunders said.</p></body></html>\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":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165379316","content_text":"Stocks opened higher Thursday as traders continued to process comments from Federal Reserve Chairman Jerome Powell and awaited key employment data.The Dow Jones Industrial Average added 130 points, or 0.4%. The S&P 500 and Nasdaq Composite added 0.17% and 0.05%, respectively.Those moves come a day after Powell reiterated his warning message to lawmakers that the central bank may raise interest rates higher than previously expected. While the Fed chair emphasized that no decision has been made regarding the March meeting, traders are bracing for a larger-than-expected hike, with more than 80% calling for a 50 basis point increase, according to CME Group’s FedWatch tool.Investors received more news on the state of the labor market ahead of Friday’s closely watched nonfarm payrolls report. Jobless claims for the week ended March 4 rose more than expected, signaling that the labor may be starting to slow. In retrospect, ADP’s payrolls report and JOLTs data on Wednesday suggested a resilient economy, heightening fears that the Fed needs more hiking to slow it.Some economists, including those at Citi, expect a positive surprise to the upside come Friday’s payrolls data, following January’s blowout report. Strong jobs growth could mean bad news for the market, wrote strategist Alex Saunders in a Wednesday note to clients.“Given that good news is bad news for markets, we think this would likely cause equities to sell-off further and support the case for an outsize Fed hike,” Saunders said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949343385,"gmtCreate":1678399417947,"gmtModify":1678402256336,"author":{"id":"3583638932474349","authorId":"3583638932474349","name":"Wawababe","avatar":"https://static.tigerbbs.com/be4fb13d2ba26c45bb03d6579cfcb42e","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949343385","repostId":"2317084402","repostType":4,"repost":{"id":"2317084402","pubTimestamp":1678375338,"share":"https://www.laohu8.com/m/news/2317084402?lang=&edition=full","pubTime":"2023-03-09 23:22","market":"us","language":"en","title":"Nasdaq Bear Market: 2 Remarkable Growth Stocks Down 75% and 86% to Buy in March and Hold Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2317084402","media":"Motley Fool","summary":"These growth stocks could skyrocket when the economy regains its momentum.","content":"<html><head></head><body><p>High inflation and rising interest rates pulled the <b>Nasdaq Composite</b> into a bear market last year, and the technology-heavy index is still 27% off its high. That drawdown wiped away trillions of dollars in wealth, but it has also created a buying opportunity for patient investors. To quote Warren Buffett, &#34;The best chance to deploy capital is when things are going down.&#34;</p><p>With that in mind, shares of <b>Roku</b> and <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</b> are down 86% and 75%, respectively, but the future still looks bright for both businesses. Here&#39;s why these growth stocks are worth buying today.</p><h2>Roku: A leader in streaming entertainment</h2><p>Roku reported disappointing financial results last year. Revenue increased just 13% to $3.1 billion and cash flow from operating activities dropped 95% to $11.8 million. But that dismal performance can be traced back to temporary economic headwinds. Specifically, many brands reduced their ad budgets to compensate for the decline in consumer spending brought on by high inflation. That situation should resolve itself in time, though, and Roku is well positioned to reaccelerate growth when that happens.</p><p>The company is following in the footsteps of <b>Alphabet</b>. Much like Google Search is the onramp to the internet, Roku is becoming the gateway to streaming entertainment. Its superior operating system and reputation for affordability have won favor with consumers. In fact, Roku is the most popular streaming platform in the U.S., Canada, and Mexico as measured by hours streamed, and it ranked as the fastest-growing brand (in any product category) among Gen Z and millennial consumers last year.</p><p>Streaming still accounts for a relatively small portion of television viewing time, but Roku is perfectly positioned to benefit as more consumers cut ties with cable and satellite. To quote company president Charlie Collier: &#34;Roku is not just another player in the streaming wars, but the streaming wars are actually being fought on the Roku platform, and that is a tremendous advantage.&#34;</p><p>Indeed, online video ad spend is expected to increase at 14% annually to reach $362 billion by 2027, and Roku is perfectly positioned to benefit. But the company also generates transaction-based revenue when viewers purchase content through its platform, and it recently partnered with <b>Walmart</b> and <b>DoorDash</b> to bring shoppable ads to its platform. Roku also launched new smart home devices in the fourth quarter, including cameras and video doorbells, and it plans to monetize those products with services like cloud storage and AI-based alerts.</p><p>In a nutshell, Roku is already well positioned to benefit as brands spend a larger portion of their ad budgets on streaming video, but the company is also experimenting with adjacent revenue streams that extend its market opportunity. In that context, shares look relatively cheap at their current valuation of 2.8 times sales. That&#39;s why this growth stock is worth buying.</p><h2>PayPal: A leader in digital payments</h2><p>PayPal faced significant economic headwinds last year, but management reacted quickly by cutting costs and refocusing investments on its digital wallets and checkout solutions, two areas where the company benefits from a strong competitive position. Those efforts have already produced tangible results. While revenue increased just 7% to $7.4 billion in the fourth quarter, PayPal managed to cut $900 million in expenses throughout the year, which resulted in non-GAAP earnings growth of 11% in the fourth quarter, up from negative 28% in the first quarter.</p><p>This year looks even better. PayPal plans to cut an additional $1.6 billion in expenses, and management is forecasting non-GAAP earnings growth of 18% in 2023. Of course, consumer spending will likely remain muted until inflation cools, meaning investors should expect weak revenue growth in the coming quarters. But PayPal is well-positioned to reaccelerate its top-line momentum in a more favorable economic environment.</p><p>The long-term investment thesis is straightforward: Digital payments are replacing cash transactions both online and offline, driven by the growing popularity of e-commerce and mobile wallets, and PayPal is perfectly positioned to benefit from those trends. It is the most accepted digital wallet in North America and Europe, and it was the second-most-downloaded finance app worldwide last year. According to Statista, PayPal is also the leader in online payment processing, with 42% market share.</p><p>Additionally, PayPal recently partnered with <b>Apple</b> to bring the iPhone maker&#39;s Tap to Pay technology to PayPal and Venmo iOS apps. That partnership will evolve this year, as U.S. consumers will soon be able to add PayPal- and Venmo-branded credit and debit cards to their Apple Wallets and use them anywhere Apple Pay is accepted. Those new features are especially noteworthy because Apple Pay is the most popular in-store mobile wallet among U.S. consumers, meaning the partnership positions PayPal to strengthen its position in physical retail.</p><p>Management estimates its addressable market at $110 trillion, but PayPal processed just $1.4 trillion last year, indicating the company has captured just 1.2% of its market opportunity. The stock currently trades at 3.2 times sales, near its cheapest valuation in the last five years. That creates a compelling buying opportunity for investors.</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>Nasdaq Bear Market: 2 Remarkable Growth Stocks Down 75% and 86% to Buy in March and Hold Forever</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\">\nNasdaq Bear Market: 2 Remarkable Growth Stocks Down 75% and 86% to Buy in March and Hold Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-09 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/08/2-growth-stocks-down75-and-86-to-buy-in-march/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>High inflation and rising interest rates pulled the Nasdaq Composite into a bear market last year, and the technology-heavy index is still 27% off its high. That drawdown wiped away trillions of ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/08/2-growth-stocks-down75-and-86-to-buy-in-march/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal","ROKU":"Roku Inc"},"source_url":"https://www.fool.com/investing/2023/03/08/2-growth-stocks-down75-and-86-to-buy-in-march/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2317084402","content_text":"High inflation and rising interest rates pulled the Nasdaq Composite into a bear market last year, and the technology-heavy index is still 27% off its high. That drawdown wiped away trillions of dollars in wealth, but it has also created a buying opportunity for patient investors. To quote Warren Buffett, \"The best chance to deploy capital is when things are going down.\"With that in mind, shares of Roku and PayPal Holdings are down 86% and 75%, respectively, but the future still looks bright for both businesses. Here's why these growth stocks are worth buying today.Roku: A leader in streaming entertainmentRoku reported disappointing financial results last year. Revenue increased just 13% to $3.1 billion and cash flow from operating activities dropped 95% to $11.8 million. But that dismal performance can be traced back to temporary economic headwinds. Specifically, many brands reduced their ad budgets to compensate for the decline in consumer spending brought on by high inflation. That situation should resolve itself in time, though, and Roku is well positioned to reaccelerate growth when that happens.The company is following in the footsteps of Alphabet. Much like Google Search is the onramp to the internet, Roku is becoming the gateway to streaming entertainment. Its superior operating system and reputation for affordability have won favor with consumers. In fact, Roku is the most popular streaming platform in the U.S., Canada, and Mexico as measured by hours streamed, and it ranked as the fastest-growing brand (in any product category) among Gen Z and millennial consumers last year.Streaming still accounts for a relatively small portion of television viewing time, but Roku is perfectly positioned to benefit as more consumers cut ties with cable and satellite. To quote company president Charlie Collier: \"Roku is not just another player in the streaming wars, but the streaming wars are actually being fought on the Roku platform, and that is a tremendous advantage.\"Indeed, online video ad spend is expected to increase at 14% annually to reach $362 billion by 2027, and Roku is perfectly positioned to benefit. But the company also generates transaction-based revenue when viewers purchase content through its platform, and it recently partnered with Walmart and DoorDash to bring shoppable ads to its platform. Roku also launched new smart home devices in the fourth quarter, including cameras and video doorbells, and it plans to monetize those products with services like cloud storage and AI-based alerts.In a nutshell, Roku is already well positioned to benefit as brands spend a larger portion of their ad budgets on streaming video, but the company is also experimenting with adjacent revenue streams that extend its market opportunity. In that context, shares look relatively cheap at their current valuation of 2.8 times sales. That's why this growth stock is worth buying.PayPal: A leader in digital paymentsPayPal faced significant economic headwinds last year, but management reacted quickly by cutting costs and refocusing investments on its digital wallets and checkout solutions, two areas where the company benefits from a strong competitive position. Those efforts have already produced tangible results. While revenue increased just 7% to $7.4 billion in the fourth quarter, PayPal managed to cut $900 million in expenses throughout the year, which resulted in non-GAAP earnings growth of 11% in the fourth quarter, up from negative 28% in the first quarter.This year looks even better. PayPal plans to cut an additional $1.6 billion in expenses, and management is forecasting non-GAAP earnings growth of 18% in 2023. Of course, consumer spending will likely remain muted until inflation cools, meaning investors should expect weak revenue growth in the coming quarters. But PayPal is well-positioned to reaccelerate its top-line momentum in a more favorable economic environment.The long-term investment thesis is straightforward: Digital payments are replacing cash transactions both online and offline, driven by the growing popularity of e-commerce and mobile wallets, and PayPal is perfectly positioned to benefit from those trends. It is the most accepted digital wallet in North America and Europe, and it was the second-most-downloaded finance app worldwide last year. According to Statista, PayPal is also the leader in online payment processing, with 42% market share.Additionally, PayPal recently partnered with Apple to bring the iPhone maker's Tap to Pay technology to PayPal and Venmo iOS apps. That partnership will evolve this year, as U.S. consumers will soon be able to add PayPal- and Venmo-branded credit and debit cards to their Apple Wallets and use them anywhere Apple Pay is accepted. Those new features are especially noteworthy because Apple Pay is the most popular in-store mobile wallet among U.S. consumers, meaning the partnership positions PayPal to strengthen its position in physical retail.Management estimates its addressable market at $110 trillion, but PayPal processed just $1.4 trillion last year, indicating the company has captured just 1.2% of its market opportunity. The stock currently trades at 3.2 times sales, near its cheapest valuation in the last five years. 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