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05-24

If we know the answer we shall be millionaires lol

05-24

Buy 1 to become 10 lol Then buy another 10 if price is right after the split Lol

05-24

Buy 1 to become 10 lol

05-16

Buy all[Happy]

DBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy?

2023-12-15

Share your opinion about this news…

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Basically mismanaged by the FED for its indiscrimate Rate hikes

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we know the answer we shall be millionaires lol","listText":"If we know the answer we shall be millionaires lol","text":"If we know the answer we shall be millionaires lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309212281815136","isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":309212039159928,"gmtCreate":1716519018388,"gmtModify":1716519023316,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Buy 1 to become 10 lol Then buy another 10 if price is right after the split Lol","listText":"Buy 1 to become 10 lol Then buy another 10 if price is right after the split Lol","text":"Buy 1 to become 10 lol Then buy another 10 if price is right after the split Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309212039159928","isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":309211781099656,"gmtCreate":1716518871071,"gmtModify":1716518874919,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Buy 1 to become 10 lol","listText":"Buy 1 to become 10 lol","text":"Buy 1 to become 10 lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309211781099656","isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306352230084648,"gmtCreate":1715828273044,"gmtModify":1715828277304,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Buy all[Happy]&nbsp;&nbsp;","listText":"Buy all[Happy]&nbsp;&nbsp;","text":"Buy all[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306352230084648","repostId":"2435797687","repostType":4,"repost":{"id":"2435797687","pubTimestamp":1715825348,"share":"https://www.laohu8.com/m/news/2435797687?lang=&edition=full","pubTime":"2024-05-16 10:09","market":"sg","language":"en","title":"DBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2435797687","media":"The Smart Investor","summary":"It can be a tough decision to decide between the three big local banks. We simplify the decision by comparing various metrics across the lenders.","content":"<html><head></head><body><p>The earnings season for the first quarter of 2024 (1Q 2024) is almost over.</p><p>Singapore’s three big banks have handed in their report cards in an environment of “higher-for-longer” interest rates.</p><p><strong>DBS Group</strong> (SGX: D05) was the first to report and announce a stellar set of results with net profit hitting a new record.</p><p><strong>United Overseas Bank</strong> (SGX: U11), or UOB, was next but delivered a subdued performance for 1Q 2024.</p><p><strong>OCBC Ltd</strong> (SGX: O39) was the last of the trio to announce its earnings and it, too, saw its net profit hit a new record.</p><p>If you are looking for one of the banks to invest in, you are in luck.</p><p>We place the three side by side to determine which is the best bank you should purchase.</p><h2 id=\"id_2540610619\">Financials</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/85f16851be4b0c8deeca9534a80240be\" tg-width=\"800\" tg-height=\"276\"/></p><p>Source: Banks’ Earnings Reports</p><p>First off, we look at each bank’s financial performance.</p><p>There was a wide spread across the trio with DBS leading the pack with a 12.6% year on year increase in total income.</p><p>DBS saw its net interest income rise 8% year on year while its fee and commission income hit a new high of S$1 billion for the quarter.</p><p>UOB, on the other hand, saw its total income remain flat year on year as its net interest income fell 2% year on year while fee income rose 5% year on year.</p><p>For net profit, DBS is the clear winner with a near-15% year on year rise to S$2.95 billion as expenses rose less than total income.</p><p>OCBC came in second place with a decent performance – its total income rose 8% year on year on the back of a 4% year-on-year increase in net interest income.</p><p>OCBC managed to improve its net profit for 1Q 2024 by 5% year on year to nearly S$2 billion.</p><p><strong>Winner: DBS</strong></p><h2 id=\"id_3203690406\">Loan book and net interest margin (NIM)</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6a0d1631d729f04a1db2678f1990e943\" tg-width=\"797\" tg-height=\"307\"/></p><p>Source: Banks’ Earnings Reports</p><p>Next, we examine each bank’s loan book and net interest margin (NIM).</p><p>The three banks all reported a year-on-year rise in their loan books with the average rise being around 2%.</p><p>For NIM, OCBC has the highest among the trio at 2.27% for 1Q 2024.</p><p>However, investors should note that OCBC’s NIM had dipped by 0.03 percentage points from 2.3% a year ago.</p><p>Its 1Q 2024 NIM was also lower than the previous quarter’s 2.29%.</p><p>DBS, on the other hand, reported a slight year-on-year and quarter-on-quarter increase for its NIM, which came in at 2.14% for 1Q 2024.</p><p>UOB saw the largest year-on-year NIM decline among the three banks with a 0.12 percentage point drop.</p><p>OCBC still emerges as the winner as its NIM is the highest while remaining fairly stable year on year.</p><p><strong>Winner: OCBC</strong></p><h2 id=\"id_2998773557\">Cost-to-income ratio (CIR)</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/907ead3182a6e6226e65326476b63afb\" tg-width=\"800\" tg-height=\"217\"/></p><p>Source: Banks’ Earnings Reports</p><p>The next metric to look at is each bank’s cost-to-income ratio (CIR).</p><p>The CIR is the ratio of the bank’s total expenses to its total income and a lower ratio signifies that a bank has its expenses well-controlled.</p><p>OCBC is once again the winner here with the lowest CIR among the three banks for 1Q 2024.</p><p>However, credit should be given to DBS for improving its CIR both year-on-year and quarter-on-quarter.</p><p>While UOB also saw an improvement in its CIR, it was the only bank with its CIR consistently above 40%.</p><p><strong>Winner: OCBC</strong></p><h2 id=\"id_2158381337\">Non-performing loans (NPL) ratio</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9d0bbec405f03b498d04ff8dc494fecc\" tg-width=\"802\" tg-height=\"217\"/></p><p>Source: Banks’ Earnings Reports</p><p>Moving on to the non-performing loans (NPL) ratio, OCBC once again is the winner with the lowest NPL ratio.</p><p>As a reminder, the NPL ratio measures the credit quality of a bank’s loan book.</p><p>Hence, a lower NPL ratio will imply that a bank’s loan book has a lower level of problematic borrowers.</p><p><strong>Winner: OCBC</strong></p><h2 id=\"id_2373484926\">Return on equity (ROE)</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2f645e00df00f75093db4ccab3ceacf1\" tg-width=\"801\" tg-height=\"221\"/></p><p>Source: Banks’ Earnings Reports</p><p>A bank’s return on equity measures the amount of profit generated per dollar of capital, so a higher ROE is a signal that a bank is more profitable with less capital.</p><p>On this front, DBS is the clear winner with its ROE hitting an all-time high of 19.4% for 1Q 2024.</p><p>DBS also saw a sharp increase of 3.2 percentage points for its ROE from the previous quarter (4Q 2023).</p><p>OCBC also saw a 2.3 percentage point ROE improvement while UOB’s improvement came in at just 0.2 percentage points over the same period.</p><p><strong>Winner: DBS</strong></p><h2 id=\"id_3580577200\">Valuation</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dafa1f900a970d465b08c1d1aaeafa2b\" tg-width=\"798\" tg-height=\"217\"/></p><p>Source: Banks’ Earnings Reports</p><p>When it comes to valuation, DBS is the most expensive bank of the three with a price-to-book (P/B) ratio of 1.64 times.</p><p>UOB and OCBC are both valued at 1.13 times and 1.16 times P/B, respectively, making them much more affordable compared to Singapore’s largest bank.</p><p><strong>Winner: UOB</strong></p><h2 id=\"id_2844377570\">Get Smart: A tough choice</h2><p>A clear decision is not easy in this case as both OCBC and DBS score points on different attributes.</p><p>While OCBC has the highest NIM and the lowest CIR and NPL ratio, DBS scores points in raising its net profit and knocking the ball out of the park with the highest ROE.</p><p>Investors need to decide which metrics are more important in their decision-making process.</p><p>Another factor to consider is that DBS pays out a quarterly dividend while the other two banks only pay dividends every six months.</p><p>For 1Q 2024, DBS declared an interim dividend of S$0.54 per share, a 42% increase over the prior year’s S$0.38.</p><p>Attention: Investors aiming for both growth and peace of mind. We’ve pinpointed 5 SGX stocks known for consistent dividends. If you want to build a retirement portfolio, but don’t want the stress of stock watching, this report is for you. Click HERE to download now.</p><p></p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy?</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{ 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}\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\">\nDBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-16 10:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/dbs-ocbc-or-uob-which-of-the-three-singapore-banks-should-you-buy/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The earnings season for the first quarter of 2024 (1Q 2024) is almost over.Singapore’s three big banks have handed in their report cards in an environment of “higher-for-longer” interest rates.DBS ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/dbs-ocbc-or-uob-which-of-the-three-singapore-banks-should-you-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE 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SGD-H","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU0084288322.USD":"Natixis Asia Equity RD USD","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0738912210.USD":"Blackrock Asia Pacific Equity Income A6 USD","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU0315178854.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"A\" ACC","LU0181495838.USD":"施罗德新兴亚洲A Acc","BK6516":"银行与投资服务概念","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK6523":"ESG概念","BK4161":"工业机械","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","O39.SI":"华侨银行","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","U11.SI":"大华银行","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU1497734951.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund ASDM SGD-H","LU0898667661.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD-H","SG9999000327.SGD":"Schroder Asian Growth A Dis SGD"},"source_url":"https://thesmartinvestor.com.sg/dbs-ocbc-or-uob-which-of-the-three-singapore-banks-should-you-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2435797687","content_text":"The earnings season for the first quarter of 2024 (1Q 2024) is almost over.Singapore’s three big banks have handed in their report cards in an environment of “higher-for-longer” interest rates.DBS Group (SGX: D05) was the first to report and announce a stellar set of results with net profit hitting a new record.United Overseas Bank (SGX: U11), or UOB, was next but delivered a subdued performance for 1Q 2024.OCBC Ltd (SGX: O39) was the last of the trio to announce its earnings and it, too, saw its net profit hit a new record.If you are looking for one of the banks to invest in, you are in luck.We place the three side by side to determine which is the best bank you should purchase.FinancialsSource: Banks’ Earnings ReportsFirst off, we look at each bank’s financial performance.There was a wide spread across the trio with DBS leading the pack with a 12.6% year on year increase in total income.DBS saw its net interest income rise 8% year on year while its fee and commission income hit a new high of S$1 billion for the quarter.UOB, on the other hand, saw its total income remain flat year on year as its net interest income fell 2% year on year while fee income rose 5% year on year.For net profit, DBS is the clear winner with a near-15% year on year rise to S$2.95 billion as expenses rose less than total income.OCBC came in second place with a decent performance – its total income rose 8% year on year on the back of a 4% year-on-year increase in net interest income.OCBC managed to improve its net profit for 1Q 2024 by 5% year on year to nearly S$2 billion.Winner: DBSLoan book and net interest margin (NIM)Source: Banks’ Earnings ReportsNext, we examine each bank’s loan book and net interest margin (NIM).The three banks all reported a year-on-year rise in their loan books with the average rise being around 2%.For NIM, OCBC has the highest among the trio at 2.27% for 1Q 2024.However, investors should note that OCBC’s NIM had dipped by 0.03 percentage points from 2.3% a year ago.Its 1Q 2024 NIM was also lower than the previous quarter’s 2.29%.DBS, on the other hand, reported a slight year-on-year and quarter-on-quarter increase for its NIM, which came in at 2.14% for 1Q 2024.UOB saw the largest year-on-year NIM decline among the three banks with a 0.12 percentage point drop.OCBC still emerges as the winner as its NIM is the highest while remaining fairly stable year on year.Winner: OCBCCost-to-income ratio (CIR)Source: Banks’ Earnings ReportsThe next metric to look at is each bank’s cost-to-income ratio (CIR).The CIR is the ratio of the bank’s total expenses to its total income and a lower ratio signifies that a bank has its expenses well-controlled.OCBC is once again the winner here with the lowest CIR among the three banks for 1Q 2024.However, credit should be given to DBS for improving its CIR both year-on-year and quarter-on-quarter.While UOB also saw an improvement in its CIR, it was the only bank with its CIR consistently above 40%.Winner: OCBCNon-performing loans (NPL) ratioSource: Banks’ Earnings ReportsMoving on to the non-performing loans (NPL) ratio, OCBC once again is the winner with the lowest NPL ratio.As a reminder, the NPL ratio measures the credit quality of a bank’s loan book.Hence, a lower NPL ratio will imply that a bank’s loan book has a lower level of problematic borrowers.Winner: OCBCReturn on equity (ROE)Source: Banks’ Earnings ReportsA bank’s return on equity measures the amount of profit generated per dollar of capital, so a higher ROE is a signal that a bank is more profitable with less capital.On this front, DBS is the clear winner with its ROE hitting an all-time high of 19.4% for 1Q 2024.DBS also saw a sharp increase of 3.2 percentage points for its ROE from the previous quarter (4Q 2023).OCBC also saw a 2.3 percentage point ROE improvement while UOB’s improvement came in at just 0.2 percentage points over the same period.Winner: DBSValuationSource: Banks’ Earnings ReportsWhen it comes to valuation, DBS is the most expensive bank of the three with a price-to-book (P/B) ratio of 1.64 times.UOB and OCBC are both valued at 1.13 times and 1.16 times P/B, respectively, making them much more affordable compared to Singapore’s largest bank.Winner: UOBGet Smart: A tough choiceA clear decision is not easy in this case as both OCBC and DBS score points on different attributes.While OCBC has the highest NIM and the lowest CIR and NPL ratio, DBS scores points in raising its net profit and knocking the ball out of the park with the highest ROE.Investors need to decide which metrics are more important in their decision-making process.Another factor to consider is that DBS pays out a quarterly dividend while the other two banks only pay dividends every six months.For 1Q 2024, DBS declared an interim dividend of S$0.54 per share, a 42% increase over the prior year’s S$0.38.Attention: Investors aiming for both growth and peace of mind. We’ve pinpointed 5 SGX stocks known for consistent dividends. If you want to build a retirement portfolio, but don’t want the stress of stock watching, this report is for you. Click HERE to download now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":252412905001096,"gmtCreate":1702635052291,"gmtModify":1702635056644,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/252412905001096","repostId":"2391663224","repostType":4,"repost":{"id":"2391663224","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1702634341,"share":"https://www.laohu8.com/m/news/2391663224?lang=&edition=full","pubTime":"2023-12-15 17:59","market":"us","language":"en","title":"Costco, Rocket Lab, Gaotu, Sunrun, Scholastic and More: U.S. Stocks to Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2391663224","media":"Dow Jones","summary":"Traders working at the New York Stock Exchange. (Courtesy NYSE)    Stock futures were rising Fridayafter the          Dow Jones Industrial Average        set another all-time closing high and the yiel","content":"<html><head></head><body><p style=\"text-align: start;\">US stock futures were rising Friday after the Dow Jones Industrial Average set another all-time closing high and the yield on the 10-year Treasury note closed below 4% for the first time since July after the Federal Reserve signaled that it could cut interest rates three times next year.</p><p style=\"text-align: start;\">These stocks were poised to make moves Friday: </p><p><strong>Costco Wholesale</strong> reported fiscal first-quarter earnings that beat analysts’ estimates and declared a special cash dividend of $15 a share, with the aggregate amount of the payment worth about $6.7 billion. Revenue in the quarter rose 6.1% to $57.8 billion and same-store sales were up 3.8%. Sales got a boost from sales of food and sundries, the company said. Shares of the warehouse retailer were up 1.9%.</p><p><strong>Sunrun</strong> was up 2.5% to $18.39 after Jefferies initiated coverage on shares of the residential solar panel company with a Buy recommendation and price target of $25. In times of “uncertainty we see better risk/reward for companies with exposure to utility-scale, strong backlog and balance sheets,” the analysts said in a research note. Sunrun stock jumped 20% on Thursday along with other solar stocks as the prospect of lower interest rates energized the sector. <strong>First Solar</strong>, up 1.7% in premarket trading, and <strong>Enphase Energy</strong> —which jumped 12% on Thursday and gained 2.1% in premarket trading—also were initiated at Jefferies with Buy ratings.</p><p><strong>Rocket Lab USA</strong> today successfully launched its 42nd Electron rocket and deployed a satellite for Japan-based Earth imaging company the Institute for Q-shu Pioneers of Space, Inc. (iQPS). The mission was Rocket Lab’s 10th Electron launch for the year, surpassing the Company’s previous annual record of nine launches in 2022. For the fifth year in a row, Electron has retained the title of second most frequently launched U.S. rocket annually. Rocket Lab shares jumped 9.3% in premarket trading.</p><p>Fiscal fourth-quarter adjusted earnings at <strong>Lennar</strong> were better than expected and the home builder said it received 17,366 new orders in the fourth quarter and delivered 23,795 homes. The company, however, reported a gross margin on home sales of 24.2%, lower than the 24.6% expected by analysts. The stock declined 2.8%.</p><p>China edtech firm <strong>Gaotu</strong> surged 15.7% in premarket trading after soaring 30% on Thursday. The rally came at a cost of East Buy Holding Ltd., a subsidiary of New Oriental Education &amp; Technology Group Inc., another education firm that ventured into livestream e-commerce to mitigate against Beijing’s crackdown. A drop in subscribers pushed East Buy’s Hong Kong-traded shares to a 17% decline for the week so far.</p><p><strong>Darden Restaurants</strong>, the owner of Olive Garden and LongHorn Steakhouse, is scheduled to report fiscal second-quarter earnings on Friday.</p><p>Revenue at <strong>Scholastic</strong> declined 4% in the company’s fiscal second quarter ended Nov. 30, the important back-to-school period for the educational publisher. Scholastic also reduced its fiscal-year earnings guidance. The stock fell 12% in after-hours trading Thursday.</p><p><strong>Quanex Building Products</strong> reported fiscal fourth-quarter sales of $295.5 million, down 3.9% from a year earlier. Quanex said it was entering fiscal 2024 with a “somewhat cautious outlook for the first half due to the ongoing macroeconomic challenges combined with typical seasonality” in its business, but was ”optimistic that demand for our products will improve in the second half as consumer confidence is restored over time.” The company didn’t provide guidance but said it intends to re-visit guidance for the fiscal year when it reports first-quarter earnings.</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>Costco, Rocket Lab, Gaotu, Sunrun, Scholastic and More: U.S. Stocks to Watch</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\">\nCostco, Rocket Lab, Gaotu, Sunrun, Scholastic and More: U.S. Stocks to Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-12-15 17:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">US stock futures were rising Friday after the Dow Jones Industrial Average set another all-time closing high and the yield on the 10-year Treasury note closed below 4% for the first time since July after the Federal Reserve signaled that it could cut interest rates three times next year.</p><p style=\"text-align: start;\">These stocks were poised to make moves Friday: </p><p><strong>Costco Wholesale</strong> reported fiscal first-quarter earnings that beat analysts’ estimates and declared a special cash dividend of $15 a share, with the aggregate amount of the payment worth about $6.7 billion. Revenue in the quarter rose 6.1% to $57.8 billion and same-store sales were up 3.8%. Sales got a boost from sales of food and sundries, the company said. Shares of the warehouse retailer were up 1.9%.</p><p><strong>Sunrun</strong> was up 2.5% to $18.39 after Jefferies initiated coverage on shares of the residential solar panel company with a Buy recommendation and price target of $25. In times of “uncertainty we see better risk/reward for companies with exposure to utility-scale, strong backlog and balance sheets,” the analysts said in a research note. Sunrun stock jumped 20% on Thursday along with other solar stocks as the prospect of lower interest rates energized the sector. <strong>First Solar</strong>, up 1.7% in premarket trading, and <strong>Enphase Energy</strong> —which jumped 12% on Thursday and gained 2.1% in premarket trading—also were initiated at Jefferies with Buy ratings.</p><p><strong>Rocket Lab USA</strong> today successfully launched its 42nd Electron rocket and deployed a satellite for Japan-based Earth imaging company the Institute for Q-shu Pioneers of Space, Inc. (iQPS). The mission was Rocket Lab’s 10th Electron launch for the year, surpassing the Company’s previous annual record of nine launches in 2022. For the fifth year in a row, Electron has retained the title of second most frequently launched U.S. rocket annually. Rocket Lab shares jumped 9.3% in premarket trading.</p><p>Fiscal fourth-quarter adjusted earnings at <strong>Lennar</strong> were better than expected and the home builder said it received 17,366 new orders in the fourth quarter and delivered 23,795 homes. The company, however, reported a gross margin on home sales of 24.2%, lower than the 24.6% expected by analysts. The stock declined 2.8%.</p><p>China edtech firm <strong>Gaotu</strong> surged 15.7% in premarket trading after soaring 30% on Thursday. The rally came at a cost of East Buy Holding Ltd., a subsidiary of New Oriental Education &amp; Technology Group Inc., another education firm that ventured into livestream e-commerce to mitigate against Beijing’s crackdown. A drop in subscribers pushed East Buy’s Hong Kong-traded shares to a 17% decline for the week so far.</p><p><strong>Darden Restaurants</strong>, the owner of Olive Garden and LongHorn Steakhouse, is scheduled to report fiscal second-quarter earnings on Friday.</p><p>Revenue at <strong>Scholastic</strong> declined 4% in the company’s fiscal second quarter ended Nov. 30, the important back-to-school period for the educational publisher. Scholastic also reduced its fiscal-year earnings guidance. The stock fell 12% in after-hours trading Thursday.</p><p><strong>Quanex Building Products</strong> reported fiscal fourth-quarter sales of $295.5 million, down 3.9% from a year earlier. Quanex said it was entering fiscal 2024 with a “somewhat cautious outlook for the first half due to the ongoing macroeconomic challenges combined with typical seasonality” in its business, but was ”optimistic that demand for our products will improve in the second half as consumer confidence is restored over time.” The company didn’t provide guidance but said it intends to re-visit guidance for the fiscal year when it reports first-quarter earnings.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RUN":"Sunrun Inc.","BK4551":"寇图资本持仓","BK4519":"光伏太阳能","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","NX":"Quanex Building Products","BK4111":"出版","COST":"好市多","LEN":"莱纳建筑公司","SCHL":"学乐集团","BK4585":"ETF&股票定投概念","FSLR":"第一太阳能","GOTU":"高途","RKLB":"Rocket Lab USA, Inc.","ENPH":"Enphase Energy","BK4096":"电气部件与设备","BK4588":"碎股","DRI":"达登饭店","LU0823414478.USD":"法巴经典能源转换基金"},"source_url":"https://www.marketwatch.com/articles/stock-market-movers-285f3001?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2391663224","content_text":"US stock futures were rising Friday after the Dow Jones Industrial Average set another all-time closing high and the yield on the 10-year Treasury note closed below 4% for the first time since July after the Federal Reserve signaled that it could cut interest rates three times next year.These stocks were poised to make moves Friday: Costco Wholesale reported fiscal first-quarter earnings that beat analysts’ estimates and declared a special cash dividend of $15 a share, with the aggregate amount of the payment worth about $6.7 billion. Revenue in the quarter rose 6.1% to $57.8 billion and same-store sales were up 3.8%. Sales got a boost from sales of food and sundries, the company said. Shares of the warehouse retailer were up 1.9%.Sunrun was up 2.5% to $18.39 after Jefferies initiated coverage on shares of the residential solar panel company with a Buy recommendation and price target of $25. In times of “uncertainty we see better risk/reward for companies with exposure to utility-scale, strong backlog and balance sheets,” the analysts said in a research note. Sunrun stock jumped 20% on Thursday along with other solar stocks as the prospect of lower interest rates energized the sector. First Solar, up 1.7% in premarket trading, and Enphase Energy —which jumped 12% on Thursday and gained 2.1% in premarket trading—also were initiated at Jefferies with Buy ratings.Rocket Lab USA today successfully launched its 42nd Electron rocket and deployed a satellite for Japan-based Earth imaging company the Institute for Q-shu Pioneers of Space, Inc. (iQPS). The mission was Rocket Lab’s 10th Electron launch for the year, surpassing the Company’s previous annual record of nine launches in 2022. For the fifth year in a row, Electron has retained the title of second most frequently launched U.S. rocket annually. Rocket Lab shares jumped 9.3% in premarket trading.Fiscal fourth-quarter adjusted earnings at Lennar were better than expected and the home builder said it received 17,366 new orders in the fourth quarter and delivered 23,795 homes. The company, however, reported a gross margin on home sales of 24.2%, lower than the 24.6% expected by analysts. The stock declined 2.8%.China edtech firm Gaotu surged 15.7% in premarket trading after soaring 30% on Thursday. The rally came at a cost of East Buy Holding Ltd., a subsidiary of New Oriental Education & Technology Group Inc., another education firm that ventured into livestream e-commerce to mitigate against Beijing’s crackdown. A drop in subscribers pushed East Buy’s Hong Kong-traded shares to a 17% decline for the week so far.Darden Restaurants, the owner of Olive Garden and LongHorn Steakhouse, is scheduled to report fiscal second-quarter earnings on Friday.Revenue at Scholastic declined 4% in the company’s fiscal second quarter ended Nov. 30, the important back-to-school period for the educational publisher. Scholastic also reduced its fiscal-year earnings guidance. The stock fell 12% in after-hours trading Thursday.Quanex Building Products reported fiscal fourth-quarter sales of $295.5 million, down 3.9% from a year earlier. Quanex said it was entering fiscal 2024 with a “somewhat cautious outlook for the first half due to the ongoing macroeconomic challenges combined with typical seasonality” in its business, but was ”optimistic that demand for our products will improve in the second half as consumer confidence is restored over time.” The company didn’t provide guidance but said it intends to re-visit guidance for the fiscal year when it reports first-quarter earnings.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970288668,"gmtCreate":1684480731954,"gmtModify":1684480737076,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"isn't Alibaba an open sesame stock?","listText":"isn't Alibaba an open sesame stock?","text":"isn't Alibaba an open sesame stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970288668","repostId":"1167855365","repostType":4,"repost":{"id":"1167855365","pubTimestamp":1684464633,"share":"https://www.laohu8.com/m/news/1167855365?lang=&edition=full","pubTime":"2023-05-19 10:50","market":"hk","language":"en","title":"Alibaba Results Weigh on Hong Kong Stocks, With Baidu, Tencent and Meituan Pressuring Index Further","url":"https://stock-news.laohu8.com/highlight/detail?id=1167855365","media":"South China Morning Post","summary":"Hong Kong stocks fell after Alibaba’s underwhelming revenue growth for the quarter disappointed inve","content":"<html><head></head><body><p>Hong Kong stocks fell after Alibaba’s underwhelming revenue growth for the quarter disappointed investors, adding to concerns of China’s post-Covid recovery losing momentum.</p><p>The Hang Seng Index slumped 1.5 per cent to 19,439.91 as of 9.56am local time, on course for a second straight weak of losses. The Tech Index declined 2 per cent, while the Shanghai Composite Index lost 0.6 per cent.</p><p>Alibaba Group Holding plunged 5.1 per cent to HK$83.25, Baidu retreated 3.2 per cent to HK$121.60 and Tencent Holdings dropped 1.8 per cent to HK$331.40. Meituan lost 3.2 per cent to HK$129.20, while carmaker BYD fell 1.3 per cent to HK$240.60.</p><p>Alibaba reported a 2 per cent increase in fourth-quarter revenue at 208.2 billion yuan (US$30.3 billion), missing analysts’ estimates of 209.2 billion yuan. The company also approved a full spin-off of its business units, starting with Cloud Intelligence Group, which is set to be publicly listed within the coming year, chairman and CEO Daniel Zhang Yong said.</p><p>“Alibaba’s financial result does not offer too much surprise as it broadly reflects China’s reopening [losing traction],” said Gary Ng, a senior economist at Natixis in Hong Kong. “It is at the core of the market concerns right now.”</p><p>Whether Alibaba can restructure successfully and finally list its units, will be important for market sentiment in China’s tech sector, he added.</p><p>Goldman Sachs said in a report on Friday that while China’s fiscal revenue growth accelerated in April, issues including rising government debt levels and falling return on capital will restrain the government’s ability to roll out more pro-growth measures through fiscal policies.</p><p>Three companies began trading in China. In Shanghai, semiconductor manufacturer Skyverse Technology surged 180 per cent to 66 yuan, while medical-equipment maker Hangzhou AGS MedTech fell 7 per cent to 116 yuan. Telecommunications service provider Shijihengtong Technology added 63 per cent to 43 yuan in Shenzhen.</p><p>Major Asian markets trader higher. Japan’s Nikkei 225 climbed 0.8 per cent, Australia’s S&amp;P/ASX 200 added 0.4 per cent, while South Korea’s Kospi rose 0.6 per cent.</p></body></html>","source":"lsy1600132093512","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Results Weigh on Hong Kong Stocks, With Baidu, Tencent and Meituan Pressuring Index Further</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Results Weigh on Hong Kong Stocks, With Baidu, Tencent and Meituan Pressuring Index Further\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-19 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.scmp.com/business/banking-finance/article/3221077/alibaba-results-weigh-hong-kong-stocks-baidu-tencent-and-meituan-pressuring-index-further?module=live&pgtype=homepage><strong>South China Morning Post</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong stocks fell after Alibaba’s underwhelming revenue growth for the quarter disappointed investors, adding to concerns of China’s post-Covid recovery losing momentum.The Hang Seng Index slumped...</p>\n\n<a href=\"https://www.scmp.com/business/banking-finance/article/3221077/alibaba-results-weigh-hong-kong-stocks-baidu-tencent-and-meituan-pressuring-index-further?module=live&pgtype=homepage\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","09888":"百度集团-SW","00700":"腾讯控股"},"source_url":"https://www.scmp.com/business/banking-finance/article/3221077/alibaba-results-weigh-hong-kong-stocks-baidu-tencent-and-meituan-pressuring-index-further?module=live&pgtype=homepage","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167855365","content_text":"Hong Kong stocks fell after Alibaba’s underwhelming revenue growth for the quarter disappointed investors, adding to concerns of China’s post-Covid recovery losing momentum.The Hang Seng Index slumped 1.5 per cent to 19,439.91 as of 9.56am local time, on course for a second straight weak of losses. The Tech Index declined 2 per cent, while the Shanghai Composite Index lost 0.6 per cent.Alibaba Group Holding plunged 5.1 per cent to HK$83.25, Baidu retreated 3.2 per cent to HK$121.60 and Tencent Holdings dropped 1.8 per cent to HK$331.40. Meituan lost 3.2 per cent to HK$129.20, while carmaker BYD fell 1.3 per cent to HK$240.60.Alibaba reported a 2 per cent increase in fourth-quarter revenue at 208.2 billion yuan (US$30.3 billion), missing analysts’ estimates of 209.2 billion yuan. The company also approved a full spin-off of its business units, starting with Cloud Intelligence Group, which is set to be publicly listed within the coming year, chairman and CEO Daniel Zhang Yong said.“Alibaba’s financial result does not offer too much surprise as it broadly reflects China’s reopening [losing traction],” said Gary Ng, a senior economist at Natixis in Hong Kong. “It is at the core of the market concerns right now.”Whether Alibaba can restructure successfully and finally list its units, will be important for market sentiment in China’s tech sector, he added.Goldman Sachs said in a report on Friday that while China’s fiscal revenue growth accelerated in April, issues including rising government debt levels and falling return on capital will restrain the government’s ability to roll out more pro-growth measures through fiscal policies.Three companies began trading in China. In Shanghai, semiconductor manufacturer Skyverse Technology surged 180 per cent to 66 yuan, while medical-equipment maker Hangzhou AGS MedTech fell 7 per cent to 116 yuan. Telecommunications service provider Shijihengtong Technology added 63 per cent to 43 yuan in Shenzhen.Major Asian markets trader higher. Japan’s Nikkei 225 climbed 0.8 per cent, Australia’s S&P/ASX 200 added 0.4 per cent, while South Korea’s Kospi rose 0.6 per cent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941843250,"gmtCreate":1680155482170,"gmtModify":1680156545052,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Basically mismanaged by the FED for its&nbsp; indiscrimate Rate hikes","listText":"Basically mismanaged by the FED for its&nbsp; indiscrimate Rate hikes","text":"Basically mismanaged by the FED for its indiscrimate Rate hikes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941843250","repostId":"1192446704","repostType":4,"repost":{"id":"1192446704","pubTimestamp":1680137661,"share":"https://www.laohu8.com/m/news/1192446704?lang=&edition=full","pubTime":"2023-03-30 08:54","market":"us","language":"en","title":"FDIC Faces $23 Billion in Costs From Bank Failures. It Wants Big Lenders to Pay","url":"https://stock-news.laohu8.com/highlight/detail?id=1192446704","media":"Bloomberg","summary":"Industry faces ‘special assessment’ after SVB, Signature failPoliticians are pressing agency to spar","content":"<html><head></head><body><ul><li><p>Industry faces ‘special assessment’ after SVB, Signature fail</p></li></ul><ul><li><p>Politicians are pressing agency to spare small banks that cost</p></li></ul><p>The Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, is considering steering a larger-than-usual portion of that burden to the nation’s biggest banks, according to people with knowledge of the matter.</p><p>The agency has said it plans to propose a so-called special assessment on the industry in May to shore up a $128 billion deposit insurance fund that’s set to take hits after the recent collapses of Silicon Valley Bank and Signature Bank. The regulator — under political pressure to spare small banks — has noted it has latitude in how it sets those fees.</p><p>Behind the scenes, officials are looking to limit the strain on community lenders by shifting an outsize portion of the expense toward much larger institutions, according to people with knowledge of the discussions. That would add to what already may be multibillion-dollar tabs, apiece, for the likes of JPMorgan Chase &amp; Co., Bank of America Corp. and Wells Fargo &amp; Co.</p><p>The KBW Regional Banking Index of 50 lenders reversed losses and rose 0.6% on Wednesday in New York after Bloomberg reported the FDIC’s internal deliberations. Shares of large banks pared gains but recovered by the close of trading amid a broader market rally.</p><p>Talks for setting the size and timing of the assessment are in early stages. Leaning heavily on big banks is seen as the most politically palatable solution, some of the people said, asking not to be named describing private deliberations.</p><p>Representatives for the FDIC, JPMorgan, Bank of America and Wells Fargo declined to comment.</p><p>The question of how to spread the cost of SVB’s and Signature’s failures is already a hot topic in Washington, where lawmakers have pressed FDIC Chairman Martin Gruenberg, Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell over who will shoulder the burden — especially after an unusual decision to backstop all of those banks’ deposits. The extraordinary measure saved legions of tech startups and wealthy customers whose balances far exceeded the FDIC’s typical $250,000 limit on coverage.</p><h3>‘Keenly Sensitive’</h3><p>“I’m concerned that Arkansans will have to subsidize Silicon Valley Bank and Signature Banks deposits, and maybe others that come forward,” Republican Senator John Boozman told Yellen at a hearing last week. “Will the community banks get charged that special assessment?”</p><p>She assured him the FDIC has leeway in deciding which banks will pay.</p><p>“We’re going to be keenly sensitive to the impact,” Gruenberg added at a hearing on Wednesday, when asked about the strain on community banks. “We have the discretion to tailor that assessment to the institutions that most directly benefited.”</p><p>The mess that toppled SVB and Signature Bank was, in at least one way, a boon to the nation’s largest banks. Both of those lenders had soaked up billions in uninsured deposits that proved fickle, forcing the firms to incur losses in hasty asset sales. In the fallout, customers at small banks across the country moved cash to giant banks, showering those lenders with cheap funding.</p><p>Banks pay into the FDIC’s insurance fund every quarter as they soak up deposits qualifying for the agency’s protection. As long as the banks find ways to earn even more by lending out or investing the cash, they earn a profit. </p><p>The FDIC’s fees vary widely. The 2010 Dodd-Frank regulatory overhaul required the agency to consider a bank’s size when setting individual rates. A firm’s complexity and confidential regulatory ratings can play roles too. That means a big bank not only pays more because it houses more deposits, but also because its rate is steeper. </p><p>When the FDIC’s main fund suffers a blow, the agency can impose a special assessment to speed up the process of refilling its coffers — and it can tailor how it sets those rates. </p><p>In addition to looking at which firms may have benefited, officials may consider “economic conditions, the effects on the industry, and such other factors as the FDIC deems appropriate and relevant,” Gruenberg told the Senate in written testimony this week.</p><p>Once the agency is ready to propose a formula in May, it will seek input “from all stakeholders,” he said.</p><h3>Political Pressure</h3><p>On Capitol Hill, lawmakers have been publicly demanding regulators spare small banks from having to shell out for the extraordinary intervention at SVB — rescuing what Senator Patty Murray called its “very wealthy depositors.”</p><p>“You’re creating the need for a special assessment that’s going to be imposed on those well-managed community banks that didn’t take those risks,” the Washington Democrat told Yellen at a hearing. Many small banks, Murray noted, cater to people with much less money.  </p><p>Leaning on big banks can add up fast.</p><p>When the FDIC set out to raise $5.5 billion with a special assessment in 2009, JPMorgan said the surcharge extracted $675 million from its second-quarter earnings.</p><p>The impact from SVB and Signature could easily go far beyond that. The agency estimated Sunday that SVB’s failure will cost $20 billion, on top of the $2.5 billion bite it expects from Signature. Unclear is how quickly the FDIC wants to collect the assessment.</p><p>Recently, some large banks have also faced pressure to shore up the balance sheet of another troubled lender, First Republic Bank. For now, regulators are giving that bank more time to reach a deal to bolster its balance sheet, people with knowledge of the situation said late last week.</p><p>But after conversations with government officials, some Wall Street executives have surmised that even if their firms don’t inject more equity into First Republic, they could still be left on the hook another way: Paying into a special FDIC assessment if the agency intervenes.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FDIC Faces $23 Billion in Costs From Bank Failures. It Wants Big Lenders to Pay</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\">\nFDIC Faces $23 Billion in Costs From Bank Failures. It Wants Big Lenders to Pay\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-30 08:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-29/fdic-mulls-squeezing-big-banks-hard-to-plug-23-billion-hole><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Industry faces ‘special assessment’ after SVB, Signature failPoliticians are pressing agency to spare small banks that costThe Federal Deposit Insurance Corp., facing almost $23 billion in costs from ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-29/fdic-mulls-squeezing-big-banks-hard-to-plug-23-billion-hole\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SIVBQ":"硅谷银行","SBNY":"签字银行"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-29/fdic-mulls-squeezing-big-banks-hard-to-plug-23-billion-hole","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192446704","content_text":"Industry faces ‘special assessment’ after SVB, Signature failPoliticians are pressing agency to spare small banks that costThe Federal Deposit Insurance Corp., facing almost $23 billion in costs from recent bank failures, is considering steering a larger-than-usual portion of that burden to the nation’s biggest banks, according to people with knowledge of the matter.The agency has said it plans to propose a so-called special assessment on the industry in May to shore up a $128 billion deposit insurance fund that’s set to take hits after the recent collapses of Silicon Valley Bank and Signature Bank. The regulator — under political pressure to spare small banks — has noted it has latitude in how it sets those fees.Behind the scenes, officials are looking to limit the strain on community lenders by shifting an outsize portion of the expense toward much larger institutions, according to people with knowledge of the discussions. That would add to what already may be multibillion-dollar tabs, apiece, for the likes of JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co.The KBW Regional Banking Index of 50 lenders reversed losses and rose 0.6% on Wednesday in New York after Bloomberg reported the FDIC’s internal deliberations. Shares of large banks pared gains but recovered by the close of trading amid a broader market rally.Talks for setting the size and timing of the assessment are in early stages. Leaning heavily on big banks is seen as the most politically palatable solution, some of the people said, asking not to be named describing private deliberations.Representatives for the FDIC, JPMorgan, Bank of America and Wells Fargo declined to comment.The question of how to spread the cost of SVB’s and Signature’s failures is already a hot topic in Washington, where lawmakers have pressed FDIC Chairman Martin Gruenberg, Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell over who will shoulder the burden — especially after an unusual decision to backstop all of those banks’ deposits. The extraordinary measure saved legions of tech startups and wealthy customers whose balances far exceeded the FDIC’s typical $250,000 limit on coverage.‘Keenly Sensitive’“I’m concerned that Arkansans will have to subsidize Silicon Valley Bank and Signature Banks deposits, and maybe others that come forward,” Republican Senator John Boozman told Yellen at a hearing last week. “Will the community banks get charged that special assessment?”She assured him the FDIC has leeway in deciding which banks will pay.“We’re going to be keenly sensitive to the impact,” Gruenberg added at a hearing on Wednesday, when asked about the strain on community banks. “We have the discretion to tailor that assessment to the institutions that most directly benefited.”The mess that toppled SVB and Signature Bank was, in at least one way, a boon to the nation’s largest banks. Both of those lenders had soaked up billions in uninsured deposits that proved fickle, forcing the firms to incur losses in hasty asset sales. In the fallout, customers at small banks across the country moved cash to giant banks, showering those lenders with cheap funding.Banks pay into the FDIC’s insurance fund every quarter as they soak up deposits qualifying for the agency’s protection. As long as the banks find ways to earn even more by lending out or investing the cash, they earn a profit. The FDIC’s fees vary widely. The 2010 Dodd-Frank regulatory overhaul required the agency to consider a bank’s size when setting individual rates. A firm’s complexity and confidential regulatory ratings can play roles too. That means a big bank not only pays more because it houses more deposits, but also because its rate is steeper. When the FDIC’s main fund suffers a blow, the agency can impose a special assessment to speed up the process of refilling its coffers — and it can tailor how it sets those rates. In addition to looking at which firms may have benefited, officials may consider “economic conditions, the effects on the industry, and such other factors as the FDIC deems appropriate and relevant,” Gruenberg told the Senate in written testimony this week.Once the agency is ready to propose a formula in May, it will seek input “from all stakeholders,” he said.Political PressureOn Capitol Hill, lawmakers have been publicly demanding regulators spare small banks from having to shell out for the extraordinary intervention at SVB — rescuing what Senator Patty Murray called its “very wealthy depositors.”“You’re creating the need for a special assessment that’s going to be imposed on those well-managed community banks that didn’t take those risks,” the Washington Democrat told Yellen at a hearing. Many small banks, Murray noted, cater to people with much less money.  Leaning on big banks can add up fast.When the FDIC set out to raise $5.5 billion with a special assessment in 2009, JPMorgan said the surcharge extracted $675 million from its second-quarter earnings.The impact from SVB and Signature could easily go far beyond that. The agency estimated Sunday that SVB’s failure will cost $20 billion, on top of the $2.5 billion bite it expects from Signature. Unclear is how quickly the FDIC wants to collect the assessment.Recently, some large banks have also faced pressure to shore up the balance sheet of another troubled lender, First Republic Bank. For now, regulators are giving that bank more time to reach a deal to bolster its balance sheet, people with knowledge of the situation said late last week.But after conversations with government officials, some Wall Street executives have surmised that even if their firms don’t inject more equity into First Republic, they could still be left on the hook another way: Paying into a special FDIC assessment if the agency intervenes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955218696,"gmtCreate":1675439400616,"gmtModify":1676539003518,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Bull trap?","listText":"Bull trap?","text":"Bull trap?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955218696","repostId":"1191090588","repostType":4,"repost":{"id":"1191090588","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":1675438761,"share":"https://www.laohu8.com/m/news/1191090588?lang=&edition=full","pubTime":"2023-02-03 23:39","market":"us","language":"en","title":"Nasdaq, S&P, and Dow Pare Some Losses; Apple Stock Jumps Over 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1191090588","media":"Tiger Newspress","summary":"Major market averages opened to the downside but have since pared back some losses.Early on and the ","content":"<html><head></head><body><p>Major market averages opened to the downside but have since pared back some losses.</p><p>Early on and the Nasdaq Composite gained 0.02% as it gave back some of the previous session&#39;s big gains after Apple (AAPL), Amazon (AMZN) and Alphabet (GOOG) (GOOGL) saw post-earnings declines.</p><p>At the same time the S&amp;P 500 dropped 0.04% and the Dow rose by 0.23%.</p><p><img src=\"https://static.tigerbbs.com/692a3bd8f36a1df97a907f779acf2ee2\" tg-width=\"1080\" tg-height=\"501\" width=\"100%\" height=\"auto\"/></p><p>Nonfarm payrolls rose by to 517K well above the 185K consensus figure and 260K previous reading. At the same time the unemployment rate declined to 3.4% from 3.5% and the 3.6% forecasted figure.</p><p>&#34;So rightfully, people are clearly feeling suspicious about this payroll #. Otherwise bonds would be down (yields up) way more,&#34; Tom Graff, head of research at Facet, tweeted. &#34;Bear in mind that January is usually a HUGE seasonal adjustment month, so that could be part of what&#39;s going on here.&#34;</p><p>&#34;Regardless, ain&#39;t no recession.&#34;</p><p>Unemployment rate is at its lowest level since 1969.</p><p>&#34;A stunning US jobs highlighting the strength of the labor market and its complexities,&#34; Allianz adviser Mohamed El-Erian tweeted. &#34;The puzzle: Wage growth came in as expected (0.3%).&#34;</p><p>Yields are up. The 10-year Treasury yield (US10Y) was higher by 15 basis points to 3.54% and the 2-year yield (US2Y) was higher by 20 basis points to 4.29%. Additionally, the U.S. dollar index (DXY) gained 0.6%.</p><p>Yesterday, Bloomberg’s financial conditions index for the U.S. eased intraday &#34;to its most accommodative level since last February before tightening into the close as rates sold off,&#34; Deutsche Bank&#39;s Jim Reid said. &#34;Regardless financial conditions remain nearly as loose as we have seen in nearly a year.&#34;</p><p>Additionally, the ISM service index for January arose more than anticipated after a contraction in the prior month. January ISM Services PMI Index data came in at 55.2 compared to the 50.4 consensus point and 49.6 previous reading.</p><p>Among other active stocks, Nordstrom (JWN) soared on a report that Ryan Cohen had taken a stake.</p><p>Apple stock jumps over 4% in morning trading.</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>Nasdaq, S&P, and Dow Pare Some Losses; Apple Stock Jumps Over 4%</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, S&P, and Dow Pare Some Losses; Apple Stock Jumps Over 4%\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\">2023-02-03 23:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Major market averages opened to the downside but have since pared back some losses.</p><p>Early on and the Nasdaq Composite gained 0.02% as it gave back some of the previous session&#39;s big gains after Apple (AAPL), Amazon (AMZN) and Alphabet (GOOG) (GOOGL) saw post-earnings declines.</p><p>At the same time the S&amp;P 500 dropped 0.04% and the Dow rose by 0.23%.</p><p><img src=\"https://static.tigerbbs.com/692a3bd8f36a1df97a907f779acf2ee2\" tg-width=\"1080\" tg-height=\"501\" width=\"100%\" height=\"auto\"/></p><p>Nonfarm payrolls rose by to 517K well above the 185K consensus figure and 260K previous reading. At the same time the unemployment rate declined to 3.4% from 3.5% and the 3.6% forecasted figure.</p><p>&#34;So rightfully, people are clearly feeling suspicious about this payroll #. Otherwise bonds would be down (yields up) way more,&#34; Tom Graff, head of research at Facet, tweeted. &#34;Bear in mind that January is usually a HUGE seasonal adjustment month, so that could be part of what&#39;s going on here.&#34;</p><p>&#34;Regardless, ain&#39;t no recession.&#34;</p><p>Unemployment rate is at its lowest level since 1969.</p><p>&#34;A stunning US jobs highlighting the strength of the labor market and its complexities,&#34; Allianz adviser Mohamed El-Erian tweeted. &#34;The puzzle: Wage growth came in as expected (0.3%).&#34;</p><p>Yields are up. The 10-year Treasury yield (US10Y) was higher by 15 basis points to 3.54% and the 2-year yield (US2Y) was higher by 20 basis points to 4.29%. Additionally, the U.S. dollar index (DXY) gained 0.6%.</p><p>Yesterday, Bloomberg’s financial conditions index for the U.S. eased intraday &#34;to its most accommodative level since last February before tightening into the close as rates sold off,&#34; Deutsche Bank&#39;s Jim Reid said. &#34;Regardless financial conditions remain nearly as loose as we have seen in nearly a year.&#34;</p><p>Additionally, the ISM service index for January arose more than anticipated after a contraction in the prior month. January ISM Services PMI Index data came in at 55.2 compared to the 50.4 consensus point and 49.6 previous reading.</p><p>Among other active stocks, Nordstrom (JWN) soared on a report that Ryan Cohen had taken a stake.</p><p>Apple stock jumps over 4% in morning trading.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191090588","content_text":"Major market averages opened to the downside but have since pared back some losses.Early on and the Nasdaq Composite gained 0.02% as it gave back some of the previous session's big gains after Apple (AAPL), Amazon (AMZN) and Alphabet (GOOG) (GOOGL) saw post-earnings declines.At the same time the S&P 500 dropped 0.04% and the Dow rose by 0.23%.Nonfarm payrolls rose by to 517K well above the 185K consensus figure and 260K previous reading. At the same time the unemployment rate declined to 3.4% from 3.5% and the 3.6% forecasted figure.\"So rightfully, people are clearly feeling suspicious about this payroll #. Otherwise bonds would be down (yields up) way more,\" Tom Graff, head of research at Facet, tweeted. \"Bear in mind that January is usually a HUGE seasonal adjustment month, so that could be part of what's going on here.\"\"Regardless, ain't no recession.\"Unemployment rate is at its lowest level since 1969.\"A stunning US jobs highlighting the strength of the labor market and its complexities,\" Allianz adviser Mohamed El-Erian tweeted. \"The puzzle: Wage growth came in as expected (0.3%).\"Yields are up. The 10-year Treasury yield (US10Y) was higher by 15 basis points to 3.54% and the 2-year yield (US2Y) was higher by 20 basis points to 4.29%. Additionally, the U.S. dollar index (DXY) gained 0.6%.Yesterday, Bloomberg’s financial conditions index for the U.S. eased intraday \"to its most accommodative level since last February before tightening into the close as rates sold off,\" Deutsche Bank's Jim Reid said. \"Regardless financial conditions remain nearly as loose as we have seen in nearly a year.\"Additionally, the ISM service index for January arose more than anticipated after a contraction in the prior month. January ISM Services PMI Index data came in at 55.2 compared to the 50.4 consensus point and 49.6 previous reading.Among other active stocks, Nordstrom (JWN) soared on a report that Ryan Cohen had taken a stake.Apple stock jumps over 4% in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123572298,"gmtCreate":1624432159714,"gmtModify":1703836506749,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"High risk high returns. A stock for the brave","listText":"High risk high returns. A stock for the brave","text":"High risk high returns. A stock for the brave","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123572298","repostId":"2145520610","repostType":4,"repost":{"id":"2145520610","pubTimestamp":1624416600,"share":"https://www.laohu8.com/m/news/2145520610?lang=&edition=full","pubTime":"2021-06-23 10:50","market":"us","language":"en","title":"Can You Still Count on GameStop Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2145520610","media":"Motley Fool","summary":"The higher a stock climbs, the harder it falls.","content":"<p><b>GameStop</b> (NYSE:GME) reported impressive revenue growth in Q1 2021, crushing the narrative that it's a failing brick-and-mortar video game retailer with a bleak outlook. That said, investors should aware that the company is under investigation by the U.S. Securities and Exchange Commission (SEC) for its share run-up, that was primarily orchestrated by the Reddit commmunity WallStreetBets (WSB).</p>\n<p>Many WSB traders publicly disclosed their identities while promoting the stock in the past six months, leading to them becoming prime targets for possible litigation or criminal investigations. Meanwhile, GameStop is taking advantage of the run-up to issue more stock at the expense of existing shareholders. Is the stock still a safe bet for potential investors?</p>\n<h2>The good news</h2>\n<p>GameStop had a spectacular quarter. In Q1 2021, the company closed down 12.7% of its roughly 4,000 stores in operations. Despite this, it managed to grow its sales by 25% year-over-year to $1.277 billion.</p>\n<p>At the same time, GameStop's operating loss narrowed to $21.6 million from $98.8 million a year ago. Thanks to a once-in-a-lifetime short squeeze, the company was able to offer additional equity to pay back all its debt and start afresh. It currently has more than $700 million in cash and investments on its balance sheet.</p>\n<h2>The bad news</h2>\n<p>After the earnings release, GameStop shares fell by as much as 27% in a single trading session. In addition, the company announced it would issue up to five million additional shares over a period of time, representing a dilution of up to 7% to its 70 million shares outstanding.</p>\n<p>That aside, there's the major risk of lawsuits against those involved in the coordinated \"pump and dump\" activities of the WSB community. Reddit user profiles of these traders are pretty much public. In fact, lawsuits have already been filed against prominent members of the community for allegedly promoting GameStop while the stock was at \"artificially high levels\".</p>\n<p>On June 9, the SEC announced it was probing GameStop concerning recent trading activities. While the investigation is still in its infancy, WSB members are growing increasingly concerned about legal and privacy issues from the fallout. The agency could potentially subpoena popular platforms like Reddit to access personal information/identities of members regarding their roles in the run-up. I believe this rapidly spreading fear, especially among those who are \"holding-on-for-dear-life\" (HODLers), is responsible for the sell-off.</p>\n<h2>What's next?</h2>\n<p>The same community that propped up GameStop's stock in a greed-fueled frenzy is equally capable of sending the shares crashing if fear takes center stage. While the company is generating solid growth, the company has a negative free cash flow of about $33.5 million per quarter, including a net cash outflow of nearly $19 million in operating activites. It's a noticeable improvement from $55.9 million negative FCF last year -- but still isn't good news yet. GameStop sold investors on the dream of a turnaround into an e-commerce giant and now has to live up to its reputation.</p>\n<p>There is a lot of uncertainty as to how profitable the new GameStop could be. Maybe its net margins will improve to 5% to 10%; perhaps it will hover around 0%, perhaps it will keep running at a loss for quite some time. After all, its gross margins actually fell 1.8 percentage points to 25.9% in Q1. Until the company can prove its new business model is working, it's probably better to look at retailers with both revenue growth and solid profitability instead.</p>","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>Can You Still Count on GameStop Stock?</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\">\nCan You Still Count on GameStop Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/22/can-you-still-count-on-gamestop-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (NYSE:GME) reported impressive revenue growth in Q1 2021, crushing the narrative that it's a failing brick-and-mortar video game retailer with a bleak outlook. That said, investors should ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/22/can-you-still-count-on-gamestop-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/06/22/can-you-still-count-on-gamestop-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145520610","content_text":"GameStop (NYSE:GME) reported impressive revenue growth in Q1 2021, crushing the narrative that it's a failing brick-and-mortar video game retailer with a bleak outlook. That said, investors should aware that the company is under investigation by the U.S. Securities and Exchange Commission (SEC) for its share run-up, that was primarily orchestrated by the Reddit commmunity WallStreetBets (WSB).\nMany WSB traders publicly disclosed their identities while promoting the stock in the past six months, leading to them becoming prime targets for possible litigation or criminal investigations. Meanwhile, GameStop is taking advantage of the run-up to issue more stock at the expense of existing shareholders. Is the stock still a safe bet for potential investors?\nThe good news\nGameStop had a spectacular quarter. In Q1 2021, the company closed down 12.7% of its roughly 4,000 stores in operations. Despite this, it managed to grow its sales by 25% year-over-year to $1.277 billion.\nAt the same time, GameStop's operating loss narrowed to $21.6 million from $98.8 million a year ago. Thanks to a once-in-a-lifetime short squeeze, the company was able to offer additional equity to pay back all its debt and start afresh. It currently has more than $700 million in cash and investments on its balance sheet.\nThe bad news\nAfter the earnings release, GameStop shares fell by as much as 27% in a single trading session. In addition, the company announced it would issue up to five million additional shares over a period of time, representing a dilution of up to 7% to its 70 million shares outstanding.\nThat aside, there's the major risk of lawsuits against those involved in the coordinated \"pump and dump\" activities of the WSB community. Reddit user profiles of these traders are pretty much public. In fact, lawsuits have already been filed against prominent members of the community for allegedly promoting GameStop while the stock was at \"artificially high levels\".\nOn June 9, the SEC announced it was probing GameStop concerning recent trading activities. While the investigation is still in its infancy, WSB members are growing increasingly concerned about legal and privacy issues from the fallout. The agency could potentially subpoena popular platforms like Reddit to access personal information/identities of members regarding their roles in the run-up. I believe this rapidly spreading fear, especially among those who are \"holding-on-for-dear-life\" (HODLers), is responsible for the sell-off.\nWhat's next?\nThe same community that propped up GameStop's stock in a greed-fueled frenzy is equally capable of sending the shares crashing if fear takes center stage. While the company is generating solid growth, the company has a negative free cash flow of about $33.5 million per quarter, including a net cash outflow of nearly $19 million in operating activites. It's a noticeable improvement from $55.9 million negative FCF last year -- but still isn't good news yet. GameStop sold investors on the dream of a turnaround into an e-commerce giant and now has to live up to its reputation.\nThere is a lot of uncertainty as to how profitable the new GameStop could be. Maybe its net margins will improve to 5% to 10%; perhaps it will hover around 0%, perhaps it will keep running at a loss for quite some time. After all, its gross margins actually fell 1.8 percentage points to 25.9% in Q1. Until the company can prove its new business model is working, it's probably better to look at retailers with both revenue growth and solid profitability instead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":309212039159928,"gmtCreate":1716519018388,"gmtModify":1716519023316,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Buy 1 to become 10 lol Then buy another 10 if price is right after the split Lol","listText":"Buy 1 to become 10 lol Then buy another 10 if price is right after the split Lol","text":"Buy 1 to become 10 lol Then buy another 10 if price is right after the split Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309212039159928","isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955218696,"gmtCreate":1675439400616,"gmtModify":1676539003518,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Bull trap?","listText":"Bull trap?","text":"Bull trap?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955218696","repostId":"1191090588","repostType":4,"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123572298,"gmtCreate":1624432159714,"gmtModify":1703836506749,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"High risk high returns. A stock for the brave","listText":"High risk high returns. A stock for the brave","text":"High risk high returns. A stock for the brave","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123572298","repostId":"2145520610","repostType":4,"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9970288668,"gmtCreate":1684480731954,"gmtModify":1684480737076,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"isn't Alibaba an open sesame stock?","listText":"isn't Alibaba an open sesame stock?","text":"isn't Alibaba an open sesame stock?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970288668","repostId":"1167855365","repostType":4,"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941843250,"gmtCreate":1680155482170,"gmtModify":1680156545052,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Basically mismanaged by the FED for its&nbsp; indiscrimate Rate hikes","listText":"Basically mismanaged by the FED for its&nbsp; indiscrimate Rate hikes","text":"Basically mismanaged by the FED for its indiscrimate Rate hikes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941843250","repostId":"1192446704","repostType":4,"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":306352230084648,"gmtCreate":1715828273044,"gmtModify":1715828277304,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Buy all[Happy]&nbsp;&nbsp;","listText":"Buy all[Happy]&nbsp;&nbsp;","text":"Buy all[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306352230084648","repostId":"2435797687","repostType":4,"repost":{"id":"2435797687","pubTimestamp":1715825348,"share":"https://www.laohu8.com/m/news/2435797687?lang=&edition=full","pubTime":"2024-05-16 10:09","market":"sg","language":"en","title":"DBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=2435797687","media":"The Smart Investor","summary":"It can be a tough decision to decide between the three big local banks. We simplify the decision by comparing various metrics across the lenders.","content":"<html><head></head><body><p>The earnings season for the first quarter of 2024 (1Q 2024) is almost over.</p><p>Singapore’s three big banks have handed in their report cards in an environment of “higher-for-longer” interest rates.</p><p><strong>DBS Group</strong> (SGX: D05) was the first to report and announce a stellar set of results with net profit hitting a new record.</p><p><strong>United Overseas Bank</strong> (SGX: U11), or UOB, was next but delivered a subdued performance for 1Q 2024.</p><p><strong>OCBC Ltd</strong> (SGX: O39) was the last of the trio to announce its earnings and it, too, saw its net profit hit a new record.</p><p>If you are looking for one of the banks to invest in, you are in luck.</p><p>We place the three side by side to determine which is the best bank you should purchase.</p><h2 id=\"id_2540610619\">Financials</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/85f16851be4b0c8deeca9534a80240be\" tg-width=\"800\" tg-height=\"276\"/></p><p>Source: Banks’ Earnings Reports</p><p>First off, we look at each bank’s financial performance.</p><p>There was a wide spread across the trio with DBS leading the pack with a 12.6% year on year increase in total income.</p><p>DBS saw its net interest income rise 8% year on year while its fee and commission income hit a new high of S$1 billion for the quarter.</p><p>UOB, on the other hand, saw its total income remain flat year on year as its net interest income fell 2% year on year while fee income rose 5% year on year.</p><p>For net profit, DBS is the clear winner with a near-15% year on year rise to S$2.95 billion as expenses rose less than total income.</p><p>OCBC came in second place with a decent performance – its total income rose 8% year on year on the back of a 4% year-on-year increase in net interest income.</p><p>OCBC managed to improve its net profit for 1Q 2024 by 5% year on year to nearly S$2 billion.</p><p><strong>Winner: DBS</strong></p><h2 id=\"id_3203690406\">Loan book and net interest margin (NIM)</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6a0d1631d729f04a1db2678f1990e943\" tg-width=\"797\" tg-height=\"307\"/></p><p>Source: Banks’ Earnings Reports</p><p>Next, we examine each bank’s loan book and net interest margin (NIM).</p><p>The three banks all reported a year-on-year rise in their loan books with the average rise being around 2%.</p><p>For NIM, OCBC has the highest among the trio at 2.27% for 1Q 2024.</p><p>However, investors should note that OCBC’s NIM had dipped by 0.03 percentage points from 2.3% a year ago.</p><p>Its 1Q 2024 NIM was also lower than the previous quarter’s 2.29%.</p><p>DBS, on the other hand, reported a slight year-on-year and quarter-on-quarter increase for its NIM, which came in at 2.14% for 1Q 2024.</p><p>UOB saw the largest year-on-year NIM decline among the three banks with a 0.12 percentage point drop.</p><p>OCBC still emerges as the winner as its NIM is the highest while remaining fairly stable year on year.</p><p><strong>Winner: OCBC</strong></p><h2 id=\"id_2998773557\">Cost-to-income ratio (CIR)</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/907ead3182a6e6226e65326476b63afb\" tg-width=\"800\" tg-height=\"217\"/></p><p>Source: Banks’ Earnings Reports</p><p>The next metric to look at is each bank’s cost-to-income ratio (CIR).</p><p>The CIR is the ratio of the bank’s total expenses to its total income and a lower ratio signifies that a bank has its expenses well-controlled.</p><p>OCBC is once again the winner here with the lowest CIR among the three banks for 1Q 2024.</p><p>However, credit should be given to DBS for improving its CIR both year-on-year and quarter-on-quarter.</p><p>While UOB also saw an improvement in its CIR, it was the only bank with its CIR consistently above 40%.</p><p><strong>Winner: OCBC</strong></p><h2 id=\"id_2158381337\">Non-performing loans (NPL) ratio</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9d0bbec405f03b498d04ff8dc494fecc\" tg-width=\"802\" tg-height=\"217\"/></p><p>Source: Banks’ Earnings Reports</p><p>Moving on to the non-performing loans (NPL) ratio, OCBC once again is the winner with the lowest NPL ratio.</p><p>As a reminder, the NPL ratio measures the credit quality of a bank’s loan book.</p><p>Hence, a lower NPL ratio will imply that a bank’s loan book has a lower level of problematic borrowers.</p><p><strong>Winner: OCBC</strong></p><h2 id=\"id_2373484926\">Return on equity (ROE)</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2f645e00df00f75093db4ccab3ceacf1\" tg-width=\"801\" tg-height=\"221\"/></p><p>Source: Banks’ Earnings Reports</p><p>A bank’s return on equity measures the amount of profit generated per dollar of capital, so a higher ROE is a signal that a bank is more profitable with less capital.</p><p>On this front, DBS is the clear winner with its ROE hitting an all-time high of 19.4% for 1Q 2024.</p><p>DBS also saw a sharp increase of 3.2 percentage points for its ROE from the previous quarter (4Q 2023).</p><p>OCBC also saw a 2.3 percentage point ROE improvement while UOB’s improvement came in at just 0.2 percentage points over the same period.</p><p><strong>Winner: DBS</strong></p><h2 id=\"id_3580577200\">Valuation</h2><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dafa1f900a970d465b08c1d1aaeafa2b\" tg-width=\"798\" tg-height=\"217\"/></p><p>Source: Banks’ Earnings Reports</p><p>When it comes to valuation, DBS is the most expensive bank of the three with a price-to-book (P/B) ratio of 1.64 times.</p><p>UOB and OCBC are both valued at 1.13 times and 1.16 times P/B, respectively, making them much more affordable compared to Singapore’s largest bank.</p><p><strong>Winner: UOB</strong></p><h2 id=\"id_2844377570\">Get Smart: A tough choice</h2><p>A clear decision is not easy in this case as both OCBC and DBS score points on different attributes.</p><p>While OCBC has the highest NIM and the lowest CIR and NPL ratio, DBS scores points in raising its net profit and knocking the ball out of the park with the highest ROE.</p><p>Investors need to decide which metrics are more important in their decision-making process.</p><p>Another factor to consider is that DBS pays out a quarterly dividend while the other two banks only pay dividends every six months.</p><p>For 1Q 2024, DBS declared an interim dividend of S$0.54 per share, a 42% increase over the prior year’s S$0.38.</p><p>Attention: Investors aiming for both growth and peace of mind. We’ve pinpointed 5 SGX stocks known for consistent dividends. If you want to build a retirement portfolio, but don’t want the stress of stock watching, this report is for you. Click HERE to download now.</p><p></p></body></html>","source":"thesmartinvestor_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy?</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{ 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0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS, OCBC or UOB: Which of the Three Singapore Banks Should You Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-16 10:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/dbs-ocbc-or-uob-which-of-the-three-singapore-banks-should-you-buy/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The earnings season for the first quarter of 2024 (1Q 2024) is almost over.Singapore’s three big banks have handed in their report cards in an environment of “higher-for-longer” interest rates.DBS ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/dbs-ocbc-or-uob-which-of-the-three-singapore-banks-should-you-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE 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SGD-H","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","LU0084288322.USD":"Natixis Asia Equity RD USD","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0738912210.USD":"Blackrock Asia Pacific Equity Income A6 USD","LU0762540952.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AC\" (USD) ACC","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0516423174.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (USD) ACC","LU0315178854.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"A\" ACC","LU0181495838.USD":"施罗德新兴亚洲A Acc","BK6516":"银行与投资服务概念","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","BK6523":"ESG概念","BK4161":"工业机械","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","O39.SI":"华侨银行","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","U11.SI":"大华银行","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU1497734951.SGD":"Eastspring Investments - Asian Low Volatility Equity Fund ASDM SGD-H","LU0898667661.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD-H","SG9999000327.SGD":"Schroder Asian Growth A Dis SGD"},"source_url":"https://thesmartinvestor.com.sg/dbs-ocbc-or-uob-which-of-the-three-singapore-banks-should-you-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2435797687","content_text":"The earnings season for the first quarter of 2024 (1Q 2024) is almost over.Singapore’s three big banks have handed in their report cards in an environment of “higher-for-longer” interest rates.DBS Group (SGX: D05) was the first to report and announce a stellar set of results with net profit hitting a new record.United Overseas Bank (SGX: U11), or UOB, was next but delivered a subdued performance for 1Q 2024.OCBC Ltd (SGX: O39) was the last of the trio to announce its earnings and it, too, saw its net profit hit a new record.If you are looking for one of the banks to invest in, you are in luck.We place the three side by side to determine which is the best bank you should purchase.FinancialsSource: Banks’ Earnings ReportsFirst off, we look at each bank’s financial performance.There was a wide spread across the trio with DBS leading the pack with a 12.6% year on year increase in total income.DBS saw its net interest income rise 8% year on year while its fee and commission income hit a new high of S$1 billion for the quarter.UOB, on the other hand, saw its total income remain flat year on year as its net interest income fell 2% year on year while fee income rose 5% year on year.For net profit, DBS is the clear winner with a near-15% year on year rise to S$2.95 billion as expenses rose less than total income.OCBC came in second place with a decent performance – its total income rose 8% year on year on the back of a 4% year-on-year increase in net interest income.OCBC managed to improve its net profit for 1Q 2024 by 5% year on year to nearly S$2 billion.Winner: DBSLoan book and net interest margin (NIM)Source: Banks’ Earnings ReportsNext, we examine each bank’s loan book and net interest margin (NIM).The three banks all reported a year-on-year rise in their loan books with the average rise being around 2%.For NIM, OCBC has the highest among the trio at 2.27% for 1Q 2024.However, investors should note that OCBC’s NIM had dipped by 0.03 percentage points from 2.3% a year ago.Its 1Q 2024 NIM was also lower than the previous quarter’s 2.29%.DBS, on the other hand, reported a slight year-on-year and quarter-on-quarter increase for its NIM, which came in at 2.14% for 1Q 2024.UOB saw the largest year-on-year NIM decline among the three banks with a 0.12 percentage point drop.OCBC still emerges as the winner as its NIM is the highest while remaining fairly stable year on year.Winner: OCBCCost-to-income ratio (CIR)Source: Banks’ Earnings ReportsThe next metric to look at is each bank’s cost-to-income ratio (CIR).The CIR is the ratio of the bank’s total expenses to its total income and a lower ratio signifies that a bank has its expenses well-controlled.OCBC is once again the winner here with the lowest CIR among the three banks for 1Q 2024.However, credit should be given to DBS for improving its CIR both year-on-year and quarter-on-quarter.While UOB also saw an improvement in its CIR, it was the only bank with its CIR consistently above 40%.Winner: OCBCNon-performing loans (NPL) ratioSource: Banks’ Earnings ReportsMoving on to the non-performing loans (NPL) ratio, OCBC once again is the winner with the lowest NPL ratio.As a reminder, the NPL ratio measures the credit quality of a bank’s loan book.Hence, a lower NPL ratio will imply that a bank’s loan book has a lower level of problematic borrowers.Winner: OCBCReturn on equity (ROE)Source: Banks’ Earnings ReportsA bank’s return on equity measures the amount of profit generated per dollar of capital, so a higher ROE is a signal that a bank is more profitable with less capital.On this front, DBS is the clear winner with its ROE hitting an all-time high of 19.4% for 1Q 2024.DBS also saw a sharp increase of 3.2 percentage points for its ROE from the previous quarter (4Q 2023).OCBC also saw a 2.3 percentage point ROE improvement while UOB’s improvement came in at just 0.2 percentage points over the same period.Winner: DBSValuationSource: Banks’ Earnings ReportsWhen it comes to valuation, DBS is the most expensive bank of the three with a price-to-book (P/B) ratio of 1.64 times.UOB and OCBC are both valued at 1.13 times and 1.16 times P/B, respectively, making them much more affordable compared to Singapore’s largest bank.Winner: UOBGet Smart: A tough choiceA clear decision is not easy in this case as both OCBC and DBS score points on different attributes.While OCBC has the highest NIM and the lowest CIR and NPL ratio, DBS scores points in raising its net profit and knocking the ball out of the park with the highest ROE.Investors need to decide which metrics are more important in their decision-making process.Another factor to consider is that DBS pays out a quarterly dividend while the other two banks only pay dividends every six months.For 1Q 2024, DBS declared an interim dividend of S$0.54 per share, a 42% increase over the prior year’s S$0.38.Attention: Investors aiming for both growth and peace of mind. We’ve pinpointed 5 SGX stocks known for consistent dividends. If you want to build a retirement portfolio, but don’t want the stress of stock watching, this report is for you. Click HERE to download now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":309212281815136,"gmtCreate":1716519072576,"gmtModify":1716519076364,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"If we know the answer we shall be millionaires lol","listText":"If we know the answer we shall be millionaires lol","text":"If we know the answer we shall be millionaires lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309212281815136","isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":309211781099656,"gmtCreate":1716518871071,"gmtModify":1716518874919,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Buy 1 to become 10 lol","listText":"Buy 1 to become 10 lol","text":"Buy 1 to become 10 lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309211781099656","isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":252412905001096,"gmtCreate":1702635052291,"gmtModify":1702635056644,"author":{"id":"3585608436283132","authorId":"3585608436283132","name":"laushifu","avatar":"https://static.tigerbbs.com/abb2139743572a24e93ee15bb71fab98","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/252412905001096","repostId":"2391663224","repostType":4,"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}