一支升GoGo personal page - To The Moon

一支升GoGo

一支升GoGo

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2022-12-03

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Why Blackstone’s $69 Billion Property Fund Is Signaling Pain Ahead for Real Estate Industry

2021-06-29

Good stock for wealth building!!!

7 Growth Stocks to Buy and Hold for a Golden Retirement

2022-12-03

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11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall

2021-07-08

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2022-06-19

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Nasdaq Bear Market: 4 Remarkable Growth Stocks You'll Regret Not Buying on the Dip

2022-12-30

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Retail Investors Took a Beating in 2022. Will It Continue in 2023?

2022-06-26

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Warren Buffett's 4 Rules for Investing in a Bear Market

2022-06-25

$Tesla Motors(TSLA)$300

2021-07-09

Wow

Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more

2022-12-03

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EU Backs Russian Oil Price Cap of $60 a Barrel

2022-11-29

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Elon Musk Calls Out Apple and CEO Tim Cook

2022-06-04

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If Oil Keeps Rising, These 5 Exploration Stocks Could Benefit

2022-05-24

$Riot Blockchain, Inc.(RIOT)$basically bottomless...!!!!

2022-05-23

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Singapore Stock Market Expected To Be Rangebound On Monday

2021-09-07

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Toplines Before US Market Open on Tuesday

2021-07-24

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Roku is up about 7% in morning trading

2021-06-26

Great!

Tesla Stock Has Been on Fire This Week. Here Are 4 Reasons.

2022-06-26

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Got $5,000? Buy and Hold These 3 Value Stocks for Years

2022-04-21

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Why Is Mullen Automotive (MULN) Stock Climbing Again Today?

2021-07-27

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Sachs or Morgan Stanley buying Sofi at $20.00. Could happen in 2023.Two paid bashers with ten names...bill James rj hadaway etc. TOMORROW I will buy a few shares for you two trash bags.RJ please dont try to trade today. when you tried to trade on Juneteenth we were all embarrassed for you!!!!<a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>","listText":"Goldman Sachs or Morgan Stanley buying Sofi at $20.00. Could happen in 2023.Two paid bashers with ten names...bill James rj hadaway etc. TOMORROW I will buy a few shares for you two trash bags.RJ please dont try to trade today. when you tried to trade on Juneteenth we were all embarrassed for you!!!!<a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>","text":"Goldman Sachs or Morgan Stanley buying Sofi at $20.00. Could happen in 2023.Two paid bashers with ten names...bill James rj hadaway etc. TOMORROW I will buy a few shares for you two trash bags.RJ please dont try to trade today. when you tried to trade on Juneteenth we were all embarrassed for you!!!!$SoFi Technologies Inc.(SOFI)$","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950843646","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927918631,"gmtCreate":1672368459823,"gmtModify":1676538680093,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9927918631","repostId":"1145816205","repostType":4,"repost":{"id":"1145816205","pubTimestamp":1672365630,"share":"https://www.laohu8.com/m/news/1145816205?lang=&edition=full","pubTime":"2022-12-30 10:00","market":"us","language":"en","title":"Retail Investors Took a Beating in 2022. Will It Continue in 2023?","url":"https://stock-news.laohu8.com/highlight/detail?id=1145816205","media":"Bloomberg","summary":"Individual traders’ portfolios slumped this year as economic turmoil reverberated from Wall Street t","content":"<html><head></head><body><p>Individual traders’ portfolios slumped this year as economic turmoil reverberated from Wall Street to Main Street.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/793c150da15dc4cba7b5c08f63fc2555\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Photographer: Xavier Lorenzo/Moment RF/Getty Images</span></p><p>The era of easy returns came to a screeching halt in 2022.</p><p>Stocks were hammered with the S&amp;P 500 on track for its worst annual performance since 2008, bonds failed to protect anyone’s portfolios, property markets tumbled and crypto crashed, wiping out an estimated $1.5 trillion in market value alone, according to CoinGecko.</p><p>The turmoil triggered by inflation and rising interest rates sent retail investors scrambling for places to put their money. Cash, it turns out, wasn’t trash, while an obscure government bond became one of the unlikeliest and hottest investments, even if you had to navigate awful technology to get there.</p><p>Here are the best and worst investments of 2022, and some ideas on where to put your money in 2023.</p><h2>Cash</h2><p>Wall Street investors put trillions into money market funds and ultra-short bonds. Meanwhile, consumers hoping to get the most bang for their buck have turned to certificates of deposit and high-yield savings accounts like Goldman Sachs’ Marcus that are offering some of the highest annual percentage yields in years.</p><p>“For a lot of investors, there hasn’t been an opportunity to make money on cash,” said Jeremy Gonsalves, national portfolio director at BNY Mellon Wealth Management. “But now there are attractive returns on everything from Treasury yields to certificates of deposits that we haven’t seen in some time.”</p><h2>I Bonds</h2><p>US Series I savings bonds were an unlikely star in 2022, offering low-risk, inflation-adjusted yields. Sales of the humble securities hit nearly $7 billion in the month of October alone — about seven times more than were sold in all of 2021 — as investors raced to take advantage of a record 9.62% yield.</p><p>While the interest rate on I bonds has dropped from its high, financial advisors say they may still be an attractive option for those looking to invest money they don’t need immediately.</p><h2>Energy</h2><p>There was a clear winner in the stock market this year: energy companies.</p><p>Russia - Ukraine war hit supplies of oil, gas and other commodities that were already in high demand due to the easing of pandemic restrictions. That made energy the top-performing sector in the market this year, with an index of S&amp;P 500 energy companies surging more than 57%.</p><p>Liz Ann Sonders, chief investment strategist at Charles Schwab, cautioned that it will be tough for oil companies to match this year’s earnings growth in 2023, but other strategists argue demand for oil and other energy commodities will remain strong, even with a global recession looming.</p><h2>Tech Stocks</h2><p>If the theme for 2021 was buy everything, the mindset quickly shifted to sell everything in 2022.</p><p>The so-called FAANG stocks — a cohort that includes Facebook parent Meta Platforms Inc., Amazon.com Inc., Apple Inc., Netflix Inc., and Google owner Alphabet Inc. — led the declines, losing more than $3 trillion in market value between them.</p><p>Growth funds and exchange-traded funds that were heavily weighted with tech stocks were also dragged into their downward spiral, including Cathie Wood’s ARK Innovation ETF, which has tumbled by 67% this year.</p><p>Going into 2023, global equities will continue to face headwinds due to persistent inflation, recession risks and threats to corporate profits as consumer confidence sinks. Fran Kinniry, head of Vanguard’s investment advisory research center, says investors should decide what their return objectives are in order to determine how much risk they want to take.</p><p>“With inflation rising, people should think about getting real, inflation-adjusted returns — not nominal returns,” Kinniry said.</p><h2>Crypto</h2><p>It was a very bad year for crypto industry. Even before the stunning implosion of Sam Bankman-Fried’s FTX, a series of meltdowns rattled digital assets, from the collapse of TerraUSD to the downfalls of Three Arrows Capital and Celsius Network. The bankruptcies have piled up and trapped more and more customer money.</p><p>Bitcoin has dropped by 64%, while the combined market value of the largest digital assets has plummeted by more than 70%, according to Bloomberg’s Galaxy Crypto Index.</p><p>NFTs, which once boasted celebrity investors from Paris Hilton to Jimmy Fallon, have also slumped. Stars from NFL quarterback Tom Brady to pop icon Madonna have been sued for promoting crypto investments.</p><h2>Meme Stocks</h2><p>Meme stocks soared in 2021 thanks to retail traders pumped up on government stimulus and pandemic savings. This year, they got hammered.</p><p>With higher interest rates and inflation squeezing consumers, Bed Bath &amp; Beyond Inc. has cratered more than 80%, AMC Entertainment Holdings Inc. plunged by 77% and the company that started it all, GameStop Corp., has fallen by more than half. Robinhood Markets Inc., the brokerage at the center of the online trading fervor, has also slumped from its peak, dropping nearly 80% since its July 2021 initial public offering.</p><p>“The zero-interest environment that fueled investments in these speculative assets is over,” said BNY Mellon’s Gonsalves.</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>Retail Investors Took a Beating in 2022. Will It Continue in 2023?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRetail Investors Took a Beating in 2022. Will It Continue in 2023?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-30 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-29/best-investments-cash-i-bonds-were-standouts-in-ugly-year-for-markets?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Individual traders’ portfolios slumped this year as economic turmoil reverberated from Wall Street to Main Street.Photographer: Xavier Lorenzo/Moment RF/Getty ImagesThe era of easy returns came to a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-29/best-investments-cash-i-bonds-were-standouts-in-ugly-year-for-markets?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-29/best-investments-cash-i-bonds-were-standouts-in-ugly-year-for-markets?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145816205","content_text":"Individual traders’ portfolios slumped this year as economic turmoil reverberated from Wall Street to Main Street.Photographer: Xavier Lorenzo/Moment RF/Getty ImagesThe era of easy returns came to a screeching halt in 2022.Stocks were hammered with the S&P 500 on track for its worst annual performance since 2008, bonds failed to protect anyone’s portfolios, property markets tumbled and crypto crashed, wiping out an estimated $1.5 trillion in market value alone, according to CoinGecko.The turmoil triggered by inflation and rising interest rates sent retail investors scrambling for places to put their money. Cash, it turns out, wasn’t trash, while an obscure government bond became one of the unlikeliest and hottest investments, even if you had to navigate awful technology to get there.Here are the best and worst investments of 2022, and some ideas on where to put your money in 2023.CashWall Street investors put trillions into money market funds and ultra-short bonds. Meanwhile, consumers hoping to get the most bang for their buck have turned to certificates of deposit and high-yield savings accounts like Goldman Sachs’ Marcus that are offering some of the highest annual percentage yields in years.“For a lot of investors, there hasn’t been an opportunity to make money on cash,” said Jeremy Gonsalves, national portfolio director at BNY Mellon Wealth Management. “But now there are attractive returns on everything from Treasury yields to certificates of deposits that we haven’t seen in some time.”I BondsUS Series I savings bonds were an unlikely star in 2022, offering low-risk, inflation-adjusted yields. Sales of the humble securities hit nearly $7 billion in the month of October alone — about seven times more than were sold in all of 2021 — as investors raced to take advantage of a record 9.62% yield.While the interest rate on I bonds has dropped from its high, financial advisors say they may still be an attractive option for those looking to invest money they don’t need immediately.EnergyThere was a clear winner in the stock market this year: energy companies.Russia - Ukraine war hit supplies of oil, gas and other commodities that were already in high demand due to the easing of pandemic restrictions. That made energy the top-performing sector in the market this year, with an index of S&P 500 energy companies surging more than 57%.Liz Ann Sonders, chief investment strategist at Charles Schwab, cautioned that it will be tough for oil companies to match this year’s earnings growth in 2023, but other strategists argue demand for oil and other energy commodities will remain strong, even with a global recession looming.Tech StocksIf the theme for 2021 was buy everything, the mindset quickly shifted to sell everything in 2022.The so-called FAANG stocks — a cohort that includes Facebook parent Meta Platforms Inc., Amazon.com Inc., Apple Inc., Netflix Inc., and Google owner Alphabet Inc. — led the declines, losing more than $3 trillion in market value between them.Growth funds and exchange-traded funds that were heavily weighted with tech stocks were also dragged into their downward spiral, including Cathie Wood’s ARK Innovation ETF, which has tumbled by 67% this year.Going into 2023, global equities will continue to face headwinds due to persistent inflation, recession risks and threats to corporate profits as consumer confidence sinks. Fran Kinniry, head of Vanguard’s investment advisory research center, says investors should decide what their return objectives are in order to determine how much risk they want to take.“With inflation rising, people should think about getting real, inflation-adjusted returns — not nominal returns,” Kinniry said.CryptoIt was a very bad year for crypto industry. Even before the stunning implosion of Sam Bankman-Fried’s FTX, a series of meltdowns rattled digital assets, from the collapse of TerraUSD to the downfalls of Three Arrows Capital and Celsius Network. The bankruptcies have piled up and trapped more and more customer money.Bitcoin has dropped by 64%, while the combined market value of the largest digital assets has plummeted by more than 70%, according to Bloomberg’s Galaxy Crypto Index.NFTs, which once boasted celebrity investors from Paris Hilton to Jimmy Fallon, have also slumped. Stars from NFL quarterback Tom Brady to pop icon Madonna have been sued for promoting crypto investments.Meme StocksMeme stocks soared in 2021 thanks to retail traders pumped up on government stimulus and pandemic savings. This year, they got hammered.With higher interest rates and inflation squeezing consumers, Bed Bath & Beyond Inc. has cratered more than 80%, AMC Entertainment Holdings Inc. plunged by 77% and the company that started it all, GameStop Corp., has fallen by more than half. Robinhood Markets Inc., the brokerage at the center of the online trading fervor, has also slumped from its peak, dropping nearly 80% since its July 2021 initial public offering.“The zero-interest environment that fueled investments in these speculative assets is over,” said BNY Mellon’s Gonsalves.","news_type":1},"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926557790,"gmtCreate":1671588407211,"gmtModify":1676538560415,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9926557790","repostId":"1111777214","repostType":2,"repost":{"id":"1111777214","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":1671441082,"share":"https://www.laohu8.com/m/news/1111777214?lang=&edition=full","pubTime":"2022-12-19 17:11","market":"us","language":"en","title":"Hot Chinese ADRs Climbed in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1111777214","media":"Tiger Newspress","summary":"Hot chinese ADRs climbed in premarket trading. NIO rose 1.3%; Alibaba rose 2.7%; Gaotu Techedu rose ","content":"<html><head></head><body><p>Hot chinese ADRs climbed in premarket trading. NIO rose 1.3%; Alibaba rose 2.7%; Gaotu Techedu rose 10%.</p><p><img src=\"https://static.tigerbbs.com/9c00d2c088d19275b8bb0949322176b2\" tg-width=\"386\" tg-height=\"725\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Chinese ADRs Climbed in Premarket Trading</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; 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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\">\nHot Chinese ADRs Climbed in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-12-19 17:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot chinese ADRs climbed in premarket trading. NIO rose 1.3%; Alibaba rose 2.7%; Gaotu Techedu rose 10%.</p><p><img src=\"https://static.tigerbbs.com/9c00d2c088d19275b8bb0949322176b2\" tg-width=\"386\" tg-height=\"725\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","LI":"理想汽车","NTES":"网易","GOTU":"高途","PDD":"拼多多","JD":"京东","NIO":"蔚来","TAL":"好未来","BABA":"阿里巴巴","XPEV":"小鹏汽车","BILI":"哔哩哔哩"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111777214","content_text":"Hot chinese ADRs climbed in premarket trading. NIO rose 1.3%; Alibaba rose 2.7%; Gaotu Techedu rose 10%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964991407,"gmtCreate":1670044992710,"gmtModify":1676538295108,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964991407","repostId":"1184145662","repostType":4,"repost":{"id":"1184145662","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":1669992781,"share":"https://www.laohu8.com/m/news/1184145662?lang=&edition=full","pubTime":"2022-12-02 22:53","market":"us","language":"en","title":"Semiconductor Stocks Dropped in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1184145662","media":"Tiger Newspress","summary":"Semiconductor Stocks Dropped in Morning Trading.Nvidia fell 3.5%; NXPI fell 3%; Intel, AMD and Qualc","content":"<html><head></head><body><p>Semiconductor Stocks Dropped in Morning Trading.</p><p>Nvidia fell 3.5%; NXPI fell 3%; Intel, AMD and Qualcomm fell over 2%.<img src=\"https://static.tigerbbs.com/c1856cac922e918f10a87ee831b65b6a\" tg-width=\"476\" tg-height=\"710\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Semiconductor Stocks Dropped in Morning Trading</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\">\nSemiconductor Stocks Dropped in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-12-02 22:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor Stocks Dropped in Morning Trading.</p><p>Nvidia fell 3.5%; NXPI fell 3%; Intel, AMD and Qualcomm fell over 2%.<img src=\"https://static.tigerbbs.com/c1856cac922e918f10a87ee831b65b6a\" tg-width=\"476\" tg-height=\"710\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184145662","content_text":"Semiconductor Stocks Dropped in Morning Trading.Nvidia fell 3.5%; NXPI fell 3%; Intel, AMD and Qualcomm fell over 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964991549,"gmtCreate":1670044968781,"gmtModify":1676538295101,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964991549","repostId":"2288596195","repostType":4,"repost":{"id":"2288596195","pubTimestamp":1670024380,"share":"https://www.laohu8.com/m/news/2288596195?lang=&edition=full","pubTime":"2022-12-03 07:39","market":"us","language":"en","title":"Why Now Is NOT the Time to Buy NIO Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2288596195","media":"InvestorPlace","summary":"Nio (NIO) stock could remain under pressure to due China’s unpredictable Covid-19 policy.Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.Investors can choos","content":"<html><head></head><body><ul><li><b>Nio</b> (<b>NIO</b>) stock could remain under pressure to due China’s unpredictable Covid-19 policy.</li><li>Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.</li><li>Investors can choose to delay any purchases of NIO stock until conditions improve.</li></ul><p><img src=\"https://static.tigerbbs.com/14e2554adb7734c917635ae8dca2b6ba\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/></p><p>Source: Michael Vi / Shutterstock.com</p><p>Given the fact that <b>Nio</b> (NYSE:<b>NIO</b>) stock is down year-to-date, eager investors may be tempted to take a long position now. However, this is actually a time to exercise caution.</p><p>For one thing, China’s on-and-off zero-Covid policies could throw a wrench into the works. Besides, Nio’s financials are less than ideal, especially when it comes to the company’s profits (or lack thereof).</p><p>As a China-based electric vehicle (EV) company, Nio has to contend with multiple challenges. There’s the prospect of having to compete in a fierce EV market. Plus, Nio must deal with a government that’s not always business-friendly.</p><p>Regardless of where you’re located, if you’re invested in Nio, the company’s problems will become your problems. There may be a time to take a stake in Nio at some point in the future, but for the time being, a watch-and-wait strategy is entirely appropriate.</p><table border=\"1\"><tbody><tr><td><b>NIO</b></td><td><b>Nio</b></td><td>$12.09</td></tr></tbody></table><h2>What’s Happening with NIO Stock?</h2><p>NIO stock started 2022 at $33, but recently declined to just $12 and change. Bear in mind, just because a stock has a lower price, doesn’t necessarily mean it’s a good value.</p><p>It’s difficult to assign a proper value to a stock when there’s an unpredictable government. On Nov. 11, a number of U.S.-listed Chinese companies’ shares rallied because Beijing seemed to be easing some of China’s Covid-19 restrictions. Yet, the hope of a near-term full reopening in China wouldn’t last long.</p><p>Fast-forward to Nov. 22, and China is reporting 28,127 new domestically transmitted Covid-19 cases. This number was close to the nation’s daily peak from April.</p><p>The next thing you know, there are reports of cultural and entertainment venues closures and restricted use of some shopping malls and restaurants. This, clearly, is a challenging macro-level environment for Nio to work in.</p><h2>Nio’s Financial Are Problematic</h2><p>Meanwhile, some folks probably celebrated Nio’s most recently reported quarterly financial results, but perhaps they shouldn’t. There’s good news in the data but also major issues.</p><p>It’s true that Nio increased its revenue 32.6% year over year during the third quarter of 2022. However, Nio also saw its gross margin shrink from 20.3% to 13.3% during that time.</p><p>Furthermore, Nio’s gross profit contracted 12.9% year over year, but that’s not even the worst part. Distressingly, Nio’s net earnings loss ballooned 392.1% year over year to the equivalent of $577.9 million in Q3 2022.</p><p>Now, we can start to see why NIO stock hasn’t regained its footing this year. Currently, there are too many holes in the bull thesis for investors to put their faith in Nio.</p><h2>What You Can Do Now</h2><p>This isn’t to suggest that Nio is a toxic business that’s about to go bankrupt. There may be an appropriate time to consider NIO stock in the future.</p><p>However, once again, let’s not confuse a low share price with a compelling value. The macro-level and company-specific conditions simply don’t favor an investment in Nio, so feel free to stay on the sidelines for now.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Now Is NOT the Time to Buy NIO 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\">\nWhy Now Is NOT the Time to Buy NIO Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/market360/2022/12/why-now-is-not-the-time-to-buy-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio (NIO) stock could remain under pressure to due China’s unpredictable Covid-19 policy.Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.Investors can ...</p>\n\n<a href=\"https://investorplace.com/market360/2022/12/why-now-is-not-the-time-to-buy-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4532":"文艺复兴科技持仓","NIO":"蔚来","BK4531":"中概回港概念","LU0708995583.HKD":"TEMPLETON CHINA \"A\" (HKD) ACC","BK4534":"瑞士信贷持仓","BK4555":"新能源车","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","BK4509":"腾讯概念","09866":"蔚来-SW","NIO.SI":"蔚来","BK4526":"热门中概股","BK4574":"无人驾驶","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","LU0052750758.USD":"富兰克林中国基金A Acc","BK4504":"桥水持仓","LU0320764599.SGD":"FTIF - Templeton China A Acc SGD","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓"},"source_url":"https://investorplace.com/market360/2022/12/why-now-is-not-the-time-to-buy-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288596195","content_text":"Nio (NIO) stock could remain under pressure to due China’s unpredictable Covid-19 policy.Despite Nio’s revenue growth, investors should observe the company’s widening earnings loss.Investors can choose to delay any purchases of NIO stock until conditions improve.Source: Michael Vi / Shutterstock.comGiven the fact that Nio (NYSE:NIO) stock is down year-to-date, eager investors may be tempted to take a long position now. However, this is actually a time to exercise caution.For one thing, China’s on-and-off zero-Covid policies could throw a wrench into the works. Besides, Nio’s financials are less than ideal, especially when it comes to the company’s profits (or lack thereof).As a China-based electric vehicle (EV) company, Nio has to contend with multiple challenges. There’s the prospect of having to compete in a fierce EV market. Plus, Nio must deal with a government that’s not always business-friendly.Regardless of where you’re located, if you’re invested in Nio, the company’s problems will become your problems. There may be a time to take a stake in Nio at some point in the future, but for the time being, a watch-and-wait strategy is entirely appropriate.NIONio$12.09What’s Happening with NIO Stock?NIO stock started 2022 at $33, but recently declined to just $12 and change. Bear in mind, just because a stock has a lower price, doesn’t necessarily mean it’s a good value.It’s difficult to assign a proper value to a stock when there’s an unpredictable government. On Nov. 11, a number of U.S.-listed Chinese companies’ shares rallied because Beijing seemed to be easing some of China’s Covid-19 restrictions. Yet, the hope of a near-term full reopening in China wouldn’t last long.Fast-forward to Nov. 22, and China is reporting 28,127 new domestically transmitted Covid-19 cases. This number was close to the nation’s daily peak from April.The next thing you know, there are reports of cultural and entertainment venues closures and restricted use of some shopping malls and restaurants. This, clearly, is a challenging macro-level environment for Nio to work in.Nio’s Financial Are ProblematicMeanwhile, some folks probably celebrated Nio’s most recently reported quarterly financial results, but perhaps they shouldn’t. There’s good news in the data but also major issues.It’s true that Nio increased its revenue 32.6% year over year during the third quarter of 2022. However, Nio also saw its gross margin shrink from 20.3% to 13.3% during that time.Furthermore, Nio’s gross profit contracted 12.9% year over year, but that’s not even the worst part. Distressingly, Nio’s net earnings loss ballooned 392.1% year over year to the equivalent of $577.9 million in Q3 2022.Now, we can start to see why NIO stock hasn’t regained its footing this year. Currently, there are too many holes in the bull thesis for investors to put their faith in Nio.What You Can Do NowThis isn’t to suggest that Nio is a toxic business that’s about to go bankrupt. There may be an appropriate time to consider NIO stock in the future.However, once again, let’s not confuse a low share price with a compelling value. The macro-level and company-specific conditions simply don’t favor an investment in Nio, so feel free to stay on the sidelines for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964991921,"gmtCreate":1670044894663,"gmtModify":1676538295085,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9964991921","repostId":"1103525840","repostType":4,"repost":{"id":"1103525840","pubTimestamp":1670024554,"share":"https://www.laohu8.com/m/news/1103525840?lang=&edition=full","pubTime":"2022-12-03 07:42","market":"us","language":"en","title":"EU Backs Russian Oil Price Cap of $60 a Barrel","url":"https://stock-news.laohu8.com/highlight/detail?id=1103525840","media":"The Wall Street Journal","summary":"The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months aft","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/03f9343343cdf98f03443da12104c2a7\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/>The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months after its invasion of Ukraine.</p><p>The agreement among Australia and the G-7—Canada, France, Germany, Italy, Japan, the U.K. and the U.S.—came just hours after the European Union united behind the figure. Poland, a holdout over the past few days for a lower cap, agreed to $60 a barrel earlier on Friday, clearing the way for the deal. The European Commission, the EU’s executive arm, had initially proposed setting the cap between $65 to $70 a barrel.</p><p>The cap will ban Western companies from insuring, financing or shipping Russian oil unless the oil is sold below $60 a barrel. The U.S. and its allies designed the system in an attempt to cut intoMoscow’s oil revenueswhile keeping Russian crude—an important part of global supply—available on the market. It aims to leverage the concentration of maritime services in the West to curb Moscow’s ability to wagewar in Ukraine.</p><p>“With Russia’s economy already contracting and its budget increasingly stretched thin, the price cap will immediately cut into [Russian President Vladimir] Putin’s most important source of revenue,” Treasury SecretaryJanet Yellen, the lead architect of the plan, said in a statement.</p><p>Russian officials have threatened to cut off oil exports in response to the cap, arguing that the sanction distorts market dynamics and could lead to an increase in global prices. But as of Friday, there were no signs on markets that Russia had started to withdraw its oil from global markets.</p><p>Brent crude, the global oil benchmark, traded around $85 a barrel Friday, dropping after the EU reached its agreement. Analysts and U.S. officials view the price of Russian crude, or Urals, as opaque and difficult to discover. Data provider Refinitiv listed the price of Urals at about $69 a barrel on Thursday, while Argus Media pegged the price at about $48 a barrel in the Baltic port of Primorsk on Wednesday. Western officials maintain that a cap at $60 a barrel will still cut into Russia’s profits and have said they could lower the price over time.</p><p>“The EU agreement on an oil price cap, coordinated with G-7 and others, will reduce Russia’s revenues significantly,” European Commission PresidentUrsula von der Leyensaid in a tweet Friday. “It will help us stabilize global energy prices, benefiting emerging economies around the world.”</p><p>Biden administration officials had hoped to have selected the price cap several weeks ago, but disagreements with Europe about how harsh to make the penalty delayed the effort.</p><p>Ms. Yellen and other U.S. officials pushed the plan hard to get it into place this year. Within half an hour of Poland saying Thursday it needed extra time to consider the price cap, Polish government officials were receiving phone calls from senior U.S. officials pushing them to sign off, according to a Polish official.</p><p>The governments of India and China, two of the largest buyers of Russian crude, haven’t embraced the price-cap proposal, wary of joining a U.S.-led sanction program against Russia. Biden administration officials say they hope that refineries and other buyers in India might opt to comply with the cap so they can access cheaper and more reliable Western maritime services.</p><p>In general, the U.S. is relying on the lure of cheaper oil—and the centrality of Western maritime services—to woo buyers worldwide to buy oil under the cap. Earlier efforts to encourage countries to affirmatively commit to buying Russian oil at a price set by the West largely fizzled, as countries that haven&#39;t joined sanctions on Russia remained neutral. Some countries, though, including Indonesia, have indicated that they would buy cheaper oil if it is available through the plan.</p><p>The EU and U.K. will also ban the import of Russian crude on Monday, meaning the cap is aimed at Russia’s sales to the rest of the global market. They will ban the import of Russian refinery products on Feb. 5, 2023, when the West is also hoping to set price caps on the export of Russian petroleum products.</p><p>Poland, Lithuania and Estonia argued during talks that the cap should be set below Russia’s current market rates. They secured a commitment to review the price level every two months starting in mid-January. The EU says the aim would be to set the cap at least 5% below Russia’s market prices.</p><p>Adjusting the price will renew a debate that has been at the center of the price cap effort: how tightly to squeeze Russia’s oil industry. U.S. officials, wary of upsetting global oil markets after oil climbed to roughly $120 a barrel earlier this year, have pushed to make the sanction a relatively relaxed program. In Eastern Europe, as well as in Ukraine and in some offices on Capitol Hill, officials have sought to impose stricter sanctions on Russian oil to try to squeeze a central source of tax revenue for Moscow.</p><p>When negotiations over the price started last week in Brussels, Polish officials sought a cap at $30 a barrel, a level they said was in line with Russia’s production costs. U.S. officials wanted to a limit near Russia’s historical sales prices of around $65 a barrel, hoping to preserve Russia’s incentive to keep supplying global markets.</p><p>The U.S. has tried to roll back elements of Europe’s sanctions on Russian oil this year. Biden administration officials conceived of the price cap itself as a way to relax Europe’s original plan to completelyban the insurance and financing of Russian oil shipments. Because much of the world’s maritime insurance is concentrated in London, U.S. officials worried that a full ban could jeopardize global oil markets and send crude as high as $140 a barrel. The price cap is a carve-out to those original plans.</p><p>U.S. officials tried to craft the plan so that banks, insurers and traders will feel comfortable handling Russian oil, pushing so that only firms that intentionally handle oil traded above the cap will face penalties.</p><p>The plan nevertheless faced steep skepticism from oil traders and financiers after it was introduced in the spring. They raised a number of concerns about the plan: Russia could refuse to sell its crude under the cap, large buyers of Russian oil may not respect the Western rules and the private sector would struggle to comply with new requirements.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU Backs Russian Oil Price Cap of $60 a Barrel</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\">\nEU Backs Russian Oil Price Cap of $60 a Barrel\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/eu-g-7-wait-on-poland-to-advance-with-russian-oil-price-cap-11669983529?mod=hp_lead_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months ...</p>\n\n<a href=\"https://www.wsj.com/articles/eu-g-7-wait-on-poland-to-advance-with-russian-oil-price-cap-11669983529?mod=hp_lead_pos1\">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.wsj.com/articles/eu-g-7-wait-on-poland-to-advance-with-russian-oil-price-cap-11669983529?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103525840","content_text":"The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months after its invasion of Ukraine.The agreement among Australia and the G-7—Canada, France, Germany, Italy, Japan, the U.K. and the U.S.—came just hours after the European Union united behind the figure. Poland, a holdout over the past few days for a lower cap, agreed to $60 a barrel earlier on Friday, clearing the way for the deal. The European Commission, the EU’s executive arm, had initially proposed setting the cap between $65 to $70 a barrel.The cap will ban Western companies from insuring, financing or shipping Russian oil unless the oil is sold below $60 a barrel. The U.S. and its allies designed the system in an attempt to cut intoMoscow’s oil revenueswhile keeping Russian crude—an important part of global supply—available on the market. It aims to leverage the concentration of maritime services in the West to curb Moscow’s ability to wagewar in Ukraine.“With Russia’s economy already contracting and its budget increasingly stretched thin, the price cap will immediately cut into [Russian President Vladimir] Putin’s most important source of revenue,” Treasury SecretaryJanet Yellen, the lead architect of the plan, said in a statement.Russian officials have threatened to cut off oil exports in response to the cap, arguing that the sanction distorts market dynamics and could lead to an increase in global prices. But as of Friday, there were no signs on markets that Russia had started to withdraw its oil from global markets.Brent crude, the global oil benchmark, traded around $85 a barrel Friday, dropping after the EU reached its agreement. Analysts and U.S. officials view the price of Russian crude, or Urals, as opaque and difficult to discover. Data provider Refinitiv listed the price of Urals at about $69 a barrel on Thursday, while Argus Media pegged the price at about $48 a barrel in the Baltic port of Primorsk on Wednesday. Western officials maintain that a cap at $60 a barrel will still cut into Russia’s profits and have said they could lower the price over time.“The EU agreement on an oil price cap, coordinated with G-7 and others, will reduce Russia’s revenues significantly,” European Commission PresidentUrsula von der Leyensaid in a tweet Friday. “It will help us stabilize global energy prices, benefiting emerging economies around the world.”Biden administration officials had hoped to have selected the price cap several weeks ago, but disagreements with Europe about how harsh to make the penalty delayed the effort.Ms. Yellen and other U.S. officials pushed the plan hard to get it into place this year. Within half an hour of Poland saying Thursday it needed extra time to consider the price cap, Polish government officials were receiving phone calls from senior U.S. officials pushing them to sign off, according to a Polish official.The governments of India and China, two of the largest buyers of Russian crude, haven’t embraced the price-cap proposal, wary of joining a U.S.-led sanction program against Russia. Biden administration officials say they hope that refineries and other buyers in India might opt to comply with the cap so they can access cheaper and more reliable Western maritime services.In general, the U.S. is relying on the lure of cheaper oil—and the centrality of Western maritime services—to woo buyers worldwide to buy oil under the cap. Earlier efforts to encourage countries to affirmatively commit to buying Russian oil at a price set by the West largely fizzled, as countries that haven't joined sanctions on Russia remained neutral. Some countries, though, including Indonesia, have indicated that they would buy cheaper oil if it is available through the plan.The EU and U.K. will also ban the import of Russian crude on Monday, meaning the cap is aimed at Russia’s sales to the rest of the global market. They will ban the import of Russian refinery products on Feb. 5, 2023, when the West is also hoping to set price caps on the export of Russian petroleum products.Poland, Lithuania and Estonia argued during talks that the cap should be set below Russia’s current market rates. They secured a commitment to review the price level every two months starting in mid-January. The EU says the aim would be to set the cap at least 5% below Russia’s market prices.Adjusting the price will renew a debate that has been at the center of the price cap effort: how tightly to squeeze Russia’s oil industry. U.S. officials, wary of upsetting global oil markets after oil climbed to roughly $120 a barrel earlier this year, have pushed to make the sanction a relatively relaxed program. In Eastern Europe, as well as in Ukraine and in some offices on Capitol Hill, officials have sought to impose stricter sanctions on Russian oil to try to squeeze a central source of tax revenue for Moscow.When negotiations over the price started last week in Brussels, Polish officials sought a cap at $30 a barrel, a level they said was in line with Russia’s production costs. U.S. officials wanted to a limit near Russia’s historical sales prices of around $65 a barrel, hoping to preserve Russia’s incentive to keep supplying global markets.The U.S. has tried to roll back elements of Europe’s sanctions on Russian oil this year. Biden administration officials conceived of the price cap itself as a way to relax Europe’s original plan to completelyban the insurance and financing of Russian oil shipments. Because much of the world’s maritime insurance is concentrated in London, U.S. officials worried that a full ban could jeopardize global oil markets and send crude as high as $140 a barrel. The price cap is a carve-out to those original plans.U.S. officials tried to craft the plan so that banks, insurers and traders will feel comfortable handling Russian oil, pushing so that only firms that intentionally handle oil traded above the cap will face penalties.The plan nevertheless faced steep skepticism from oil traders and financiers after it was introduced in the spring. They raised a number of concerns about the plan: Russia could refuse to sell its crude under the cap, large buyers of Russian oil may not respect the Western rules and the private sector would struggle to comply with new requirements.","news_type":1},"isVote":1,"tweetType":1,"viewCount":580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964991093,"gmtCreate":1670044886112,"gmtModify":1676538295085,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9964991093","repostId":"1121458158","repostType":4,"repost":{"id":"1121458158","pubTimestamp":1670026613,"share":"https://www.laohu8.com/m/news/1121458158?lang=&edition=full","pubTime":"2022-12-03 08:16","market":"us","language":"en","title":"Why Blackstone’s $69 Billion Property Fund Is Signaling Pain Ahead for Real Estate Industry","url":"https://stock-news.laohu8.com/highlight/detail?id=1121458158","media":"Bloomberg","summary":"Pain is deepening across the US real estate industry.Two of the biggest players — Blackstone Inc. an","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cb45c2382372c7e146989481fd97fcf6\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/>Pain is deepening across the US real estate industry.</p><p>Two of the biggest players — Blackstone Inc. and Wells Fargo &amp; Co. — took steps this week to contend with weaker demand as the industry faces a rapidly cooling property market, rising interest rates and waning investor appetite.</p><p>The well-heeled investors in the $69 billion Blackstone Real Estate Income Trust Inc. learnedThursday the fund will limit withdrawals as people seek to pull money from what’s been a cash magnet for one of the largest owners of real estate globally. Also Thursday, Wells Fargo, the biggest home loan originator among US banks, confirmedit’s cutting hundreds more mortgage employees as soaring borrowing costs crush demand.</p><p>The $69 billion BREIT will be limiting withdrawals as headwinds hold back the real estate market.Photographer: Angus Mordant/Bloomberg</p><p>“It’s a one-two punch,” Susan Wachter, real estate professor at the University of Pennsylvania’s Wharton School, said in an interview. “Both are realistic pullback responses to the overall economic weakness we’re seeing now as well as the spike in interest rates.”</p><p>In the past decade, the real estate industry reaped the benefits of the Federal Reserve’s policy of low rates. Homebuyers, taking advantage of record-low borrowing costs, went on a spree that fueled double-digit price gains. Ultra-low rates also drove a refinancing boom that put more money in homeowners’ pockets and spurred the creation of jobs for mortgage brokers, title insurance agents and appraisers.</p><p>Now, real estate has been among the hardest-hit sectors of the Fed’s campaign to quash inflation by boosting interest rates at the fastest pace in decades.</p><p>In the housing market, mortgage rates that have doubled this year are sidelining potential buyers and causing sellers to pull back on new listings. A measure of prices hasdroppedfor the last three months, while pending home sales havefallenfor five months in a row. The volume of mortgages with rate locks plunged 61% in October from 2021 levels, according to Black Knight Inc.</p><p>Commercial real estate is also feeling the sting. Property prices have slumped 13% from a peak this year, according to Green Street’s October price index. The financing environment has become trickier as some big lenders have scaled back, leading property owners such as a Brookfield Asset Management Inc. unit to warn that it might struggle to refinance certain debt.</p><h2>Industry Fallout</h2><p>The industry fallout has been wide-ranging. Reverse Mortgage Funding, a home lender backed by Starwood Capital Group,filedfor Chapter 11 bankruptcy this week.</p><p>Layoffs have been widespread. Opendoor Technologies Inc., which pioneered a data-driven spin on home-flipping known as iBuying,laid offabout 18% of its workforce and wrote down the value of its property holdings by $573 million. Brokerage Redfin Corp. went through two rounds of layoffs and shuttered its iBuying business, while competitor Compass Inc. also made deep cuts to its technology teams in a quest for profitability.</p><p>Layoffs only tell part of the story of the pain. While mortgage firms and real estate technology companies cut costs by firing workers, real estate agents make up a large share of the industry’s workforce. They’re usually considered independent contractors and depend on commissions for a living. They don’t show up in layoff tallies but are also exposed to slowing home sales.</p><p>“There are hundreds of thousands of real estate agents who are not going to be practicing because people are buying and selling fewer homes,” said Mike DelPrete, a scholar-in-residence at the University of Colorado Boulder. “It’s like a silent culling of the ranks.”</p><h2>Search for Yield</h2><p>When interest rates were ultra low, investors turned to commercial real estate as a source for higher yields than they could get by owning Treasuries and other low-risk bonds.</p><p>That was part of BREIT’s appeal, drawing in high-net-worth clients lured by the 13% annualized returns in one major share class through October. BREIT raked in money to buy apartments and industrial buildings, properties that the private equity firm bet would keep growing in value because demand outstripped supply. People who couldn’t afford to buy a house needed to rent, the reasoning went, and shoppers increasingly buying online drove up the need for warehouse space.</p><p>“Our business is built on performance, not fund flows, and performance is rock solid,” a Blackstone spokesperson said Thursday after the firm announced the redemption limits.</p><p>Much of the money withdrawn from BREIT was from overseas, with offshore investors redeeming at eight times the rate of US ones in the past year. Blackstone shares dropped 2.7% Friday to $82.76 at 10:47 a.m., after tumbling 7.1% the day before.</p><p>Read more about the pressures facing Blackstone’s giant real estate fund for wealthy investors.</p><p>Commercial-property owners are getting hit with financing challenges after years of paying for deals with cheap loans. Expensive debt haspushedsome borrowers into negative leverage, which means that debt costs are outpacing expected returns. Dealmaking has also frozen, with transaction volume plunging 43% in October from a year earlier, according to MSCI Real Assets.</p><p>“With the benefits of leverage severely limited and owners who are not being forced to sell, the price expectations gap between sellers and potential buyers has been wide enough to limit deal closings,” Jim Costello, an MSCI economist, wrote in a Nov. 16 report.</p><p>Despite all the pain points, the housing and commercial real estate industries are in better shape than in some previous downturns, with more tightly underwritten loans and less of a risk of markets being oversupplied.</p><p>With BREIT, the fund is still outperforming the S&amp;P 500 Index, even as investors increasingly want out. And Thursday’s announced sale of a stake in two Las Vegas hotels is expected to generate roughly $730 million in profit for BREIT shareholders, Bloomberg previously reported.</p><h2>Relative Value</h2><p>What’s changing most drastically across the industry is the relative value of real estate to other investments.</p><p>Thanks in part to the Federal Reserve’s hiking campaign, investors have other places to earn money that could generate more yield than in years past and tend to be more liquid than commercial real estate, including Treasuries, investment-grade bonds, and mortgage-backed securities.</p><p>“Real estate is quite cyclical,” Wharton’s Wachter said. “It’s bad for real estate when rates go up and you can get higher yields from Treasuries and other assets.”</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>Why Blackstone’s $69 Billion Property Fund Is Signaling Pain Ahead for Real Estate Industry</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Blackstone’s $69 Billion Property Fund Is Signaling Pain Ahead for Real Estate Industry\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 08:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-02/blackstone-fund-hitting-limit-signals-broader-real-estate-pain?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pain is deepening across the US real estate industry.Two of the biggest players — Blackstone Inc. and Wells Fargo & Co. — took steps this week to contend with weaker demand as the industry faces a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-02/blackstone-fund-hitting-limit-signals-broader-real-estate-pain?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-02/blackstone-fund-hitting-limit-signals-broader-real-estate-pain?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121458158","content_text":"Pain is deepening across the US real estate industry.Two of the biggest players — Blackstone Inc. and Wells Fargo & Co. — took steps this week to contend with weaker demand as the industry faces a rapidly cooling property market, rising interest rates and waning investor appetite.The well-heeled investors in the $69 billion Blackstone Real Estate Income Trust Inc. learnedThursday the fund will limit withdrawals as people seek to pull money from what’s been a cash magnet for one of the largest owners of real estate globally. Also Thursday, Wells Fargo, the biggest home loan originator among US banks, confirmedit’s cutting hundreds more mortgage employees as soaring borrowing costs crush demand.The $69 billion BREIT will be limiting withdrawals as headwinds hold back the real estate market.Photographer: Angus Mordant/Bloomberg“It’s a one-two punch,” Susan Wachter, real estate professor at the University of Pennsylvania’s Wharton School, said in an interview. “Both are realistic pullback responses to the overall economic weakness we’re seeing now as well as the spike in interest rates.”In the past decade, the real estate industry reaped the benefits of the Federal Reserve’s policy of low rates. Homebuyers, taking advantage of record-low borrowing costs, went on a spree that fueled double-digit price gains. Ultra-low rates also drove a refinancing boom that put more money in homeowners’ pockets and spurred the creation of jobs for mortgage brokers, title insurance agents and appraisers.Now, real estate has been among the hardest-hit sectors of the Fed’s campaign to quash inflation by boosting interest rates at the fastest pace in decades.In the housing market, mortgage rates that have doubled this year are sidelining potential buyers and causing sellers to pull back on new listings. A measure of prices hasdroppedfor the last three months, while pending home sales havefallenfor five months in a row. The volume of mortgages with rate locks plunged 61% in October from 2021 levels, according to Black Knight Inc.Commercial real estate is also feeling the sting. Property prices have slumped 13% from a peak this year, according to Green Street’s October price index. The financing environment has become trickier as some big lenders have scaled back, leading property owners such as a Brookfield Asset Management Inc. unit to warn that it might struggle to refinance certain debt.Industry FalloutThe industry fallout has been wide-ranging. Reverse Mortgage Funding, a home lender backed by Starwood Capital Group,filedfor Chapter 11 bankruptcy this week.Layoffs have been widespread. Opendoor Technologies Inc., which pioneered a data-driven spin on home-flipping known as iBuying,laid offabout 18% of its workforce and wrote down the value of its property holdings by $573 million. Brokerage Redfin Corp. went through two rounds of layoffs and shuttered its iBuying business, while competitor Compass Inc. also made deep cuts to its technology teams in a quest for profitability.Layoffs only tell part of the story of the pain. While mortgage firms and real estate technology companies cut costs by firing workers, real estate agents make up a large share of the industry’s workforce. They’re usually considered independent contractors and depend on commissions for a living. They don’t show up in layoff tallies but are also exposed to slowing home sales.“There are hundreds of thousands of real estate agents who are not going to be practicing because people are buying and selling fewer homes,” said Mike DelPrete, a scholar-in-residence at the University of Colorado Boulder. “It’s like a silent culling of the ranks.”Search for YieldWhen interest rates were ultra low, investors turned to commercial real estate as a source for higher yields than they could get by owning Treasuries and other low-risk bonds.That was part of BREIT’s appeal, drawing in high-net-worth clients lured by the 13% annualized returns in one major share class through October. BREIT raked in money to buy apartments and industrial buildings, properties that the private equity firm bet would keep growing in value because demand outstripped supply. People who couldn’t afford to buy a house needed to rent, the reasoning went, and shoppers increasingly buying online drove up the need for warehouse space.“Our business is built on performance, not fund flows, and performance is rock solid,” a Blackstone spokesperson said Thursday after the firm announced the redemption limits.Much of the money withdrawn from BREIT was from overseas, with offshore investors redeeming at eight times the rate of US ones in the past year. Blackstone shares dropped 2.7% Friday to $82.76 at 10:47 a.m., after tumbling 7.1% the day before.Read more about the pressures facing Blackstone’s giant real estate fund for wealthy investors.Commercial-property owners are getting hit with financing challenges after years of paying for deals with cheap loans. Expensive debt haspushedsome borrowers into negative leverage, which means that debt costs are outpacing expected returns. Dealmaking has also frozen, with transaction volume plunging 43% in October from a year earlier, according to MSCI Real Assets.“With the benefits of leverage severely limited and owners who are not being forced to sell, the price expectations gap between sellers and potential buyers has been wide enough to limit deal closings,” Jim Costello, an MSCI economist, wrote in a Nov. 16 report.Despite all the pain points, the housing and commercial real estate industries are in better shape than in some previous downturns, with more tightly underwritten loans and less of a risk of markets being oversupplied.With BREIT, the fund is still outperforming the S&P 500 Index, even as investors increasingly want out. And Thursday’s announced sale of a stake in two Las Vegas hotels is expected to generate roughly $730 million in profit for BREIT shareholders, Bloomberg previously reported.Relative ValueWhat’s changing most drastically across the industry is the relative value of real estate to other investments.Thanks in part to the Federal Reserve’s hiking campaign, investors have other places to earn money that could generate more yield than in years past and tend to be more liquid than commercial real estate, including Treasuries, investment-grade bonds, and mortgage-backed securities.“Real estate is quite cyclical,” Wharton’s Wachter said. “It’s bad for real estate when rates go up and you can get higher yields from Treasuries and other assets.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964993457,"gmtCreate":1670044877279,"gmtModify":1676538295077,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964993457","repostId":"1150787876","repostType":4,"repost":{"id":"1150787876","pubTimestamp":1670024863,"share":"https://www.laohu8.com/m/news/1150787876?lang=&edition=full","pubTime":"2022-12-03 07:47","market":"us","language":"en","title":"United Airlines Close to Deal for Dozens of Boeing 787 Dreamliners","url":"https://stock-news.laohu8.com/highlight/detail?id=1150787876","media":"The Wall Street Journal","summary":"United Airlines Holdings Inc. is close to a deal to order dozens of Boeing Co. 787 Dreamliners, peop","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/3ea158e18a9e0131b4f65e593e21f30b\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/>United Airlines Holdings Inc. is close to a deal to order dozens of Boeing Co. 787 Dreamliners, people familiar with the matter said.</p><p>An agreement between the Chicago-based carrier and Boeing could be completed as soon as this month, some of these people said.</p><p>If completed, the deal would be worth billions of dollars in revenue and mark a victory for the U.S. plane maker over its European rivalAirbusSE, which had competed for the deal, people familiar with the matter said. Boeing has resumed deliveries of the Dreamliner aftera nearly two-year freezefollowing a string of manufacturing and regulatory issues.</p><p>Airbushas been dominating the marketfor smaller, narrow-body aircraft with its A320 family and expanding its lead over the rival 737 MAX since the latter’s previous grounding followingtwo fatal crashesof that jet in 2018 and 2019. But Boeing has retained a larger share of the market for wide-body jets, which hold more passengers and are generally used for long-haul international routes.</p><p>Dreamliners are popular among airlines for their fuel-efficiency and ability to make new direct routes profitable, bypassing the need to connect cities via a central hub. Each carries a list price of about $300 million before typical discounts, according to Boeing’s latest publicly available list prices.</p><p>United, Boeing and Airbus declined to comment. Deals for new aircraft can fall apart even in their later stages.</p><p>United has communicated privately that the airline is preparing to order some 100 airplanes to replace its aging wide-body jets, people familiar with the matter said.</p><p>Over the last year, United has experienced operational issues with its Boeing 767 fleet, accelerating the need to decide on a replacement for those planes, people familiar with the matter said. The deal in the works is designed in part to replace those aircraft, some of these people said. The carrier has more than 50 of the wide-body jets in its fleet, according to a securities filing earlier this year.</p><p>It wasn’t immediately clear how many Dreamliners United would order under the deal. People familiar with the talks said United and Boeing have recently been in late-stage discussions about a sizable order that could involve a mix of confirmed orders and options for future purchases for as many as 50 aircraft or more.</p><p>Airbus is expected to continue vying for a potential follow-on order from United as the carrier weighs options for the replacement of its bigger Boeing 777s, people familiar with the matter said.</p><p></p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>United Airlines Close to Deal for Dozens of Boeing 787 Dreamliners</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\">\nUnited Airlines Close to Deal for Dozens of Boeing 787 Dreamliners\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/united-airlines-close-to-deal-for-dozens-of-boeing-787-dreamliners-11670001885?mod=hp_lista_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>United Airlines Holdings Inc. is close to a deal to order dozens of Boeing Co. 787 Dreamliners, people familiar with the matter said.An agreement between the Chicago-based carrier and Boeing could be ...</p>\n\n<a href=\"https://www.wsj.com/articles/united-airlines-close-to-deal-for-dozens-of-boeing-787-dreamliners-11670001885?mod=hp_lista_pos2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音","UAL":"联合大陆航空"},"source_url":"https://www.wsj.com/articles/united-airlines-close-to-deal-for-dozens-of-boeing-787-dreamliners-11670001885?mod=hp_lista_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150787876","content_text":"United Airlines Holdings Inc. is close to a deal to order dozens of Boeing Co. 787 Dreamliners, people familiar with the matter said.An agreement between the Chicago-based carrier and Boeing could be completed as soon as this month, some of these people said.If completed, the deal would be worth billions of dollars in revenue and mark a victory for the U.S. plane maker over its European rivalAirbusSE, which had competed for the deal, people familiar with the matter said. Boeing has resumed deliveries of the Dreamliner aftera nearly two-year freezefollowing a string of manufacturing and regulatory issues.Airbushas been dominating the marketfor smaller, narrow-body aircraft with its A320 family and expanding its lead over the rival 737 MAX since the latter’s previous grounding followingtwo fatal crashesof that jet in 2018 and 2019. But Boeing has retained a larger share of the market for wide-body jets, which hold more passengers and are generally used for long-haul international routes.Dreamliners are popular among airlines for their fuel-efficiency and ability to make new direct routes profitable, bypassing the need to connect cities via a central hub. Each carries a list price of about $300 million before typical discounts, according to Boeing’s latest publicly available list prices.United, Boeing and Airbus declined to comment. Deals for new aircraft can fall apart even in their later stages.United has communicated privately that the airline is preparing to order some 100 airplanes to replace its aging wide-body jets, people familiar with the matter said.Over the last year, United has experienced operational issues with its Boeing 767 fleet, accelerating the need to decide on a replacement for those planes, people familiar with the matter said. The deal in the works is designed in part to replace those aircraft, some of these people said. The carrier has more than 50 of the wide-body jets in its fleet, according to a securities filing earlier this year.It wasn’t immediately clear how many Dreamliners United would order under the deal. People familiar with the talks said United and Boeing have recently been in late-stage discussions about a sizable order that could involve a mix of confirmed orders and options for future purchases for as many as 50 aircraft or more.Airbus is expected to continue vying for a potential follow-on order from United as the carrier weighs options for the replacement of its bigger Boeing 777s, people familiar with the matter said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":53,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964993269,"gmtCreate":1670044859852,"gmtModify":1676538295077,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964993269","repostId":"1152464265","repostType":4,"repost":{"id":"1152464265","pubTimestamp":1670022054,"share":"https://www.laohu8.com/m/news/1152464265?lang=&edition=full","pubTime":"2022-12-03 07:00","market":"us","language":"en","title":"11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1152464265","media":"Bloomberg","summary":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Ha","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cb8b5a354d9d687bd95cdff74dddc508\" tg-width=\"1214\" tg-height=\"811\" width=\"100%\" height=\"auto\"/></p><p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.</p><p>“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.</p><p>This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’s<i>Charging Bull</i>statue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.</p><p>Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)</p><p>“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”</p><p>But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at a<i>New York Times</i>conference and an interview on<i>Good Morning America</i>. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?</p><p><img src=\"https://static.tigerbbs.com/79b2ba9ef6da8454146f200cdc460f6e\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Bankman-Fried after an interview on<i>Bloomberg Wealth With David Rubenstein</i>on Aug. 17, 2022.Photographer: Jeenah Moon/Bloomberg</p><p>He doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.</p><p>It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.</p><p>I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith a<i>Vox</i>reporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” the<i>Vox</i>reporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.</p><p>I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.</p><p>To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messaged<i>Vox</i>, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.</p><p>I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”</p><p>“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”</p><p>That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he got<i>un</i>lucky, or miscalculated the odds.</p><p>Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end of<i>Scarface</i>, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.</p><p>Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.</p><p>The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.</p><p>Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.</p><p>“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”</p><p>The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)</p><p>The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.</p><p>The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”</p><p>“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”</p><p>Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.</p><p>Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.</p><p>That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.</p><p>As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,<i>Reminiscences of a Stock Operator.</i>Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.</p><p>The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.</p><p>Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.</p><p>But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”</p><p>“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”</p><p>Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.</p><p>The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.</p><p>There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)</p><p>When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.</p><p>“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)</p><p>“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”</p><p>“You were all aware there was a chance this would not work,” I say.</p><p>“That’s right,” he says. “But I thought that the risk was substantially smaller.”</p><p>I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.</p><p>“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”</p><p>“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”</p><p>Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.</p><p>“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.</p><p>“So what’s the problem, then?”</p><p>Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.</p><p>“What’s the difference between these two rows here?” he asks.</p><p>“You didn’t have $8 billion in cash that you thought you had,” I say.</p><p>“That’s correct. Yes.”</p><p>“You misplaced $8 billion?” I ask.</p><p>“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.</p><p>That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.</p><p>To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.</p><p>Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.</p><p>It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”</p><p>“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.</p><p>Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.</p><p>With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.</p><p>The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this big<i>Wolf of Wall Street</i>thing,” he said. “Bro, it was a bunch of nerds.”</p><p><img src=\"https://static.tigerbbs.com/b87535c118f069e782e80762398d0a9c\" tg-width=\"1000\" tg-height=\"1000\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Illustration: Maxime Mouysset for Bloomberg Businessweek</p><p>By the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.</p><p>I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.</p><p>I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.</p><p>“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”</p><p>I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”</p><p>Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.</p><p>I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.</p><p>“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”</p><p>“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”</p><p>To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”</p><p>“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”</p><p>“You had a rule on your platform. You didn’t follow it,” I say.</p><p>By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152464265","content_text":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’sCharging Bullstatue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at aNew York Timesconference and an interview onGood Morning America. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?Bankman-Fried after an interview onBloomberg Wealth With David Rubensteinon Aug. 17, 2022.Photographer: Jeenah Moon/BloombergHe doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith aVoxreporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” theVoxreporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messagedVox, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he gotunlucky, or miscalculated the odds.Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end ofScarface, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,Reminiscences of a Stock Operator.Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”“You were all aware there was a chance this would not work,” I say.“That’s right,” he says. “But I thought that the risk was substantially smaller.”I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.“So what’s the problem, then?”Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.“What’s the difference between these two rows here?” he asks.“You didn’t have $8 billion in cash that you thought you had,” I say.“That’s correct. Yes.”“You misplaced $8 billion?” I ask.“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this bigWolf of Wall Streetthing,” he said. “Bro, it was a bunch of nerds.”Illustration: Maxime Mouysset for Bloomberg BusinessweekBy the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”“You had a rule on your platform. You didn’t follow it,” I say.By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962530043,"gmtCreate":1669800613682,"gmtModify":1676538246032,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9962530043","repostId":"1122458325","repostType":4,"repost":{"id":"1122458325","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":1669799492,"share":"https://www.laohu8.com/m/news/1122458325?lang=&edition=full","pubTime":"2022-11-30 17:11","market":"us","language":"en","title":"Crypto Stocks Gained in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1122458325","media":"Tiger Newspress","summary":"Crypto stocks gained in premarket trading.Marathon Digital rose over 6%; Riot Blockchain rose over 4","content":"<html><head></head><body><p>Crypto stocks gained in premarket trading.</p><p>Marathon Digital rose over 6%; Riot Blockchain rose over 4%; Coinbase rose over 2%.</p><p><img src=\"https://static.tigerbbs.com/e1b31eca981b85019eee7893f773bd44\" tg-width=\"481\" tg-height=\"349\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Stocks Gained in Premarket Trading</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\">\nCrypto Stocks Gained in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-30 17:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Crypto stocks gained in premarket trading.</p><p>Marathon Digital rose over 6%; Riot Blockchain rose over 4%; Coinbase rose over 2%.</p><p><img src=\"https://static.tigerbbs.com/e1b31eca981b85019eee7893f773bd44\" tg-width=\"481\" tg-height=\"349\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms","COIN":"Coinbase Global, Inc.","MARA":"Marathon Digital Holdings Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122458325","content_text":"Crypto stocks gained in premarket trading.Marathon Digital rose over 6%; Riot Blockchain rose over 4%; Coinbase rose over 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962078932,"gmtCreate":1669685330226,"gmtModify":1676538222836,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9962078932","repostId":"1153500576","repostType":4,"repost":{"id":"1153500576","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":1669681636,"share":"https://www.laohu8.com/m/news/1153500576?lang=&edition=full","pubTime":"2022-11-29 08:27","market":"sg","language":"en","title":"Singapore Stocks to Watch: LHN, Golden Energy and Resources, Singapore Medical Group","url":"https://stock-news.laohu8.com/highlight/detail?id=1153500576","media":"Tiger Newspress","summary":"THE following companies saw new developments that may affect trading of their securities on Tuesday ","content":"<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 29):</p><p><b>LHN Group</b> on Monday (Nov 28) posted a 2.9 per cent rise in net profit to S$13.6 million for the six months ended Sep 30, despite a 6.9 per cent fall in revenue.</p><p>The group, which has businesses in space optimisation, facilities management and logistics, saw its revenue slip to S$52.6 million following lower demand in the dormitory management business.</p><p><b>GOLDEN Energy and Resources</b> on Monday (Nov 28) announced that all conditions pertaining to its notes exchange transaction have been fulfilled, and the new notes are expected to be listed on the Singapore Exchange on Nov 29.</p><p>In a regulatory filing, the company added that it has exchanged all its existing notes – its outstanding 8.5 per cent senior secured notes due 2026 – for new notes of the same value due 2027.</p><p>TLW Success’ offer to take <b>Singapore Medical Group</b> (SMG) private has turned unconditional. TLW Success is an investment vehicle owned by top Singapore Medical Group (SMG) executives.</p><p>The total shares TLW Success and its concert parties owned, controlled or agreed to acquire, and the valid acceptances of the S$0.40 per share offer, crossed the 90 per cent threshold on Monday (Nov 28).</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>Singapore Stocks to Watch: LHN, Golden Energy and Resources, Singapore Medical Group</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\">\nSingapore Stocks to Watch: LHN, Golden Energy and Resources, Singapore Medical Group\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-29 08:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 29):</p><p><b>LHN Group</b> on Monday (Nov 28) posted a 2.9 per cent rise in net profit to S$13.6 million for the six months ended Sep 30, despite a 6.9 per cent fall in revenue.</p><p>The group, which has businesses in space optimisation, facilities management and logistics, saw its revenue slip to S$52.6 million following lower demand in the dormitory management business.</p><p><b>GOLDEN Energy and Resources</b> on Monday (Nov 28) announced that all conditions pertaining to its notes exchange transaction have been fulfilled, and the new notes are expected to be listed on the Singapore Exchange on Nov 29.</p><p>In a regulatory filing, the company added that it has exchanged all its existing notes – its outstanding 8.5 per cent senior secured notes due 2026 – for new notes of the same value due 2027.</p><p>TLW Success’ offer to take <b>Singapore Medical Group</b> (SMG) private has turned unconditional. TLW Success is an investment vehicle owned by top Singapore Medical Group (SMG) executives.</p><p>The total shares TLW Success and its concert parties owned, controlled or agreed to acquire, and the valid acceptances of the S$0.40 per share offer, crossed the 90 per cent threshold on Monday (Nov 28).</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"41O.SI":"贤能"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153500576","content_text":"THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 29):LHN Group on Monday (Nov 28) posted a 2.9 per cent rise in net profit to S$13.6 million for the six months ended Sep 30, despite a 6.9 per cent fall in revenue.The group, which has businesses in space optimisation, facilities management and logistics, saw its revenue slip to S$52.6 million following lower demand in the dormitory management business.GOLDEN Energy and Resources on Monday (Nov 28) announced that all conditions pertaining to its notes exchange transaction have been fulfilled, and the new notes are expected to be listed on the Singapore Exchange on Nov 29.In a regulatory filing, the company added that it has exchanged all its existing notes – its outstanding 8.5 per cent senior secured notes due 2026 – for new notes of the same value due 2027.TLW Success’ offer to take Singapore Medical Group (SMG) private has turned unconditional. TLW Success is an investment vehicle owned by top Singapore Medical Group (SMG) executives.The total shares TLW Success and its concert parties owned, controlled or agreed to acquire, and the valid acceptances of the S$0.40 per share offer, crossed the 90 per cent threshold on Monday (Nov 28).","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962071837,"gmtCreate":1669685267130,"gmtModify":1676538222811,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9962071837","repostId":"2287251460","repostType":4,"repost":{"id":"2287251460","pubTimestamp":1669676011,"share":"https://www.laohu8.com/m/news/2287251460?lang=&edition=full","pubTime":"2022-11-29 06:53","market":"us","language":"en","title":"Elon Musk Calls Out Apple and CEO Tim Cook","url":"https://stock-news.laohu8.com/highlight/detail?id=2287251460","media":"TheStreet","summary":"'It is in this context that Musk said on Nov. 28 that Apple  - Get Free Reporthad stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.\"Apple has mostly stopped advertising on Twitter,\" the billionaire wrote. \"Do they hate free speech in America?\" Musk asked.Apple didn't immediately respond to a request for comment.\"Apple has spent $40 million on Twitter advertising so far this year,\" which makes the tech giant \"one of Twitter’s top advertisers in 202","content":"<html><head></head><body><p>The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.</p><p>For several months now the question was when Musk would declare war with the iPhone maker and CEO Tim Cook. It is now done.</p><p>Since Musk took over the social network Twitter  (<b>TWTR</b>) - Get Free Report, he&#39;s been trying to find new sources of revenue.</p><p>Meantime, he&#39;s facing a boycott from many advertisers, including General Motors  (<b>GM</b>) - Get Free Report, General Mills  (<b>GIS</b>) - Get Free Report, Pfizer  (<b>PFE</b>) - Get Free Report, and Stellantis  (<b>STLA</b>) - Get Free Report. These companies have paused their ads as they await the details of Musk&#39;s content-management plans for Twitter.</p><p>They fear that the social network will become a &#34;hellscape,&#34; following assertions by Musk, who defines himself as a free-speech absolutist. This means he considers any message on the platform acceptable so long as it does not violate the law of the country in which it is posted.</p><h2>Free Speech vs. Brand Safety</h2><p>Top advertisers are also worried about brand safety and a lack of clarity regarding advertising leadership at Twitter after Musk fired most of the site&#39;s executives.</p><p>&#34;Freedom of speech is the bedrock of a strong democracy and must take precedence,&#34; the billionaire argued on Nov. 25.</p><p>In the name of free speech, Musk has reactivated former President Donald Trump&#39;s account and accounts known for anti-transgender posts like those of the conservative satirical site Babylon Bee and the Canadian conservative psychologist Jordan Peterson.</p><p>Musk also announced a general amnesty for all banned accounts, after having organized a related survey on the platform.</p><p>&#34;The people have spoken,&#34; he wrote on Nov. 24. &#34;Amnesty begins next week. Vox Populi, Vox Dei.&#34;</p><h2>&#39;What&#39;s Going On?&#39;</h2><p>It is in this context that Musk said on Nov. 28 that Apple  (<b>AAPL</b>) - Get Free Report had stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.</p><p>&#34;Apple has mostly stopped advertising on Twitter,&#34; the billionaire wrote. &#34;Do they hate free speech in America?&#34;</p><p>A few minutes later he tweeted to Cook directly.</p><p>&#34;What’s going on here @tim_cook?&#34; Musk asked.</p><p>Apple didn&#39;t immediately respond to a request for comment.</p><p>&#34;Apple has spent $40 million on Twitter advertising so far this year,&#34; which makes the tech giant &#34;one of Twitter’s top advertisers in 2022, according to Mediaradar.</p><p>“Apple has been a major advertiser on Twitter and, even before Elon’s statement today, we’ve seen spend taper in recent months given continued controversy,” said Todd Krizelman, CEO of MediaRadar, the New York provider of advertising intelligence.</p><p>He added that Apple’s ad investment in Twitter represents most of its social ad spend overall. To date, 84% of Apple&#39;s total social-media spend has gone to Twitter.</p><p>Ad revenue made up more than 91% of Twitter&#39;s revenue in the second quarter, with the rest coming from subscriptions. Musk is trying to rebalance things, but the billionaire is aware that he needs advertisers. At the beginning of November he had threatened them that he was going to publicly shame them.</p><p>By first attacking Apple, the largest company in the world based on market value, the Techno King seems to want to send a message to other advertisers that he was not kidding.</p><p>Besides advertising, Musk and Apple are also in conflict over their approach to acceptable content.</p><p>As app distributors, Apple via the Apple Store and Alphabet&#39;s  (<b>GOOGL</b>) - Get Free Report Google via Google Play have strict policies regarding hateful speech.</p><p>&#34;When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,&#34; the iPhone maker says in the Apple Store guidelines. &#34;If you’re looking to shock and offend people, the App Store isn’t the right place for your app.&#34;</p><p>Phil Schiller, who is responsible for leading the App Store and Apple Events, left Twitter after Musk said he was reactivating Trump&#39;s account. Schiller didn&#39;t give an explanation for his decision to deactivate his account, but it&#39;s curious that it happened right after Musk&#39;s announcement.</p><p>Musk has threatened to make a phone if Apple and Alphabet blocked Twitter.</p></body></html>","source":"thestreet_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>Elon Musk Calls Out Apple and CEO Tim Cook</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\">\nElon Musk Calls Out Apple and CEO Tim Cook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-29 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.For several months now the question was when Musk would declare war ...</p>\n\n<a href=\"https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4574":"无人驾驶","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4573":"虚拟现实","BK4581":"高盛持仓","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4099":"汽车制造商","AAPL":"苹果","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4511":"特斯拉概念","LU0823411888.USD":"法巴消费创新基金 Cap","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4527":"明星科技股","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4559":"巴菲特持仓"},"source_url":"https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287251460","content_text":"The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.For several months now the question was when Musk would declare war with the iPhone maker and CEO Tim Cook. It is now done.Since Musk took over the social network Twitter  (TWTR) - Get Free Report, he's been trying to find new sources of revenue.Meantime, he's facing a boycott from many advertisers, including General Motors  (GM) - Get Free Report, General Mills  (GIS) - Get Free Report, Pfizer  (PFE) - Get Free Report, and Stellantis  (STLA) - Get Free Report. These companies have paused their ads as they await the details of Musk's content-management plans for Twitter.They fear that the social network will become a \"hellscape,\" following assertions by Musk, who defines himself as a free-speech absolutist. This means he considers any message on the platform acceptable so long as it does not violate the law of the country in which it is posted.Free Speech vs. Brand SafetyTop advertisers are also worried about brand safety and a lack of clarity regarding advertising leadership at Twitter after Musk fired most of the site's executives.\"Freedom of speech is the bedrock of a strong democracy and must take precedence,\" the billionaire argued on Nov. 25.In the name of free speech, Musk has reactivated former President Donald Trump's account and accounts known for anti-transgender posts like those of the conservative satirical site Babylon Bee and the Canadian conservative psychologist Jordan Peterson.Musk also announced a general amnesty for all banned accounts, after having organized a related survey on the platform.\"The people have spoken,\" he wrote on Nov. 24. \"Amnesty begins next week. Vox Populi, Vox Dei.\"'What's Going On?'It is in this context that Musk said on Nov. 28 that Apple  (AAPL) - Get Free Report had stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.\"Apple has mostly stopped advertising on Twitter,\" the billionaire wrote. \"Do they hate free speech in America?\"A few minutes later he tweeted to Cook directly.\"What’s going on here @tim_cook?\" Musk asked.Apple didn't immediately respond to a request for comment.\"Apple has spent $40 million on Twitter advertising so far this year,\" which makes the tech giant \"one of Twitter’s top advertisers in 2022, according to Mediaradar.“Apple has been a major advertiser on Twitter and, even before Elon’s statement today, we’ve seen spend taper in recent months given continued controversy,” said Todd Krizelman, CEO of MediaRadar, the New York provider of advertising intelligence.He added that Apple’s ad investment in Twitter represents most of its social ad spend overall. To date, 84% of Apple's total social-media spend has gone to Twitter.Ad revenue made up more than 91% of Twitter's revenue in the second quarter, with the rest coming from subscriptions. Musk is trying to rebalance things, but the billionaire is aware that he needs advertisers. At the beginning of November he had threatened them that he was going to publicly shame them.By first attacking Apple, the largest company in the world based on market value, the Techno King seems to want to send a message to other advertisers that he was not kidding.Besides advertising, Musk and Apple are also in conflict over their approach to acceptable content.As app distributors, Apple via the Apple Store and Alphabet's  (GOOGL) - Get Free Report Google via Google Play have strict policies regarding hateful speech.\"When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,\" the iPhone maker says in the Apple Store guidelines. \"If you’re looking to shock and offend people, the App Store isn’t the right place for your app.\"Phil Schiller, who is responsible for leading the App Store and Apple Events, left Twitter after Musk said he was reactivating Trump's account. Schiller didn't give an explanation for his decision to deactivate his account, but it's curious that it happened right after Musk's announcement.Musk has threatened to make a phone if Apple and Alphabet blocked Twitter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908753112,"gmtCreate":1659444996638,"gmtModify":1705980408444,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9908753112","repostId":"1124100255","repostType":2,"repost":{"id":"1124100255","pubTimestamp":1659431728,"share":"https://www.laohu8.com/m/news/1124100255?lang=&edition=full","pubTime":"2022-08-02 17:15","market":"us","language":"en","title":"Why Revlon Shares Jumped 90%; Here Are 83 Biggest Movers From Yesterday","url":"https://stock-news.laohu8.com/highlight/detail?id=1124100255","media":"Benzinga","summary":"GainersLiberty TripAdvisor Holdings, Inc. shares jumped 187.3% to close at $48.03 on Monday after ga","content":"<html><head></head><body><p>Gainers</p><ul><li><b>Liberty TripAdvisor Holdings, Inc.</b> shares jumped 187.3% to close at $48.03 on Monday after gaining around 18% on Friday.</li><li><b>Virax Biolabs Group Limited</b> climbed 119.4% to settle at $11.85 on Monday after declining 74% on Friday.</li><li><b>Ontrak, Inc.</b> shares jumped 107.7% to close at $1.35 on Monday. Ontrak is expected to report financial results for the second quarter on Tuesday, August 9, 2022.</li><li><b>Revlon, Inc.</b> gained 89.9% to close at $8.49 following a Reuters report suggesting a US bankruptcy judge has given the company permission to proceed with a $1.4 billion loan.</li><li><b>AMTD Digital Inc.</b> rose 85.4% to settle at $742.00 on continued upward volatility following the stock&#39;s July IPO.</li><li><b>MediaCo Holding Inc.</b> shares gained 60.9% to close at $3.33. MediaCo Holding 10% owner Soohyung Kim bought a total of 12,899,480 shares at an average price of $2.32.</li><li><b>Nanobiotix S.A.</b> rose 47% to close at $3.41.</li><li><b>GeoVax Labs, Inc.</b> gained 42.9% to close at $3.90 amid continued strength in monkeypox names. The company also recently announced the publication of a peer-reviewed animal efficacy study of its modified vaccine Ankara vectored vaccine against Sudan ebolavirus.</li><li><b>Celyad Oncology SA</b> gained 40.8% to close at $2.45 after the company said that the FDA has lifted the clinical hold on the CYAD-101-002 (KEYNOTE-B79) Phase 1b trial.</li><li><b>Aethlon Medical, Inc.</b> jumped 38% to settle at $1.38 after dropping over 7% on Friday.</li><li><b>TherapeuticsMD, Inc.</b> jumped 36.6% to close at $8.51 after the company announced it has received a $15 million private investment from Rubric Capital Management.</li><li><b>MAIA Biotechnology, Inc.</b> gained 34.5% to close at $7.80 after jumping 30% on Friday. The company agreed to initially offer 2.00 million shares to the public at a $5.00 per share.</li><li><b>Performance Shipping Inc.</b> surged 30.9% to settle at $0.36. Performance Shipping recently entered into a time charter contract with Teekay Chartering Limited, with a gross charter rate of $23,000 per day for a period of roughly 24 months.</li><li><b>Reed&#39;s, Inc.</b> jumped 30% to close at $0.2049.</li><li><b>Romeo Power, Inc.</b> gained 26.9% to close at $0.6981 after Nikola announced it will acquire the company in an all-stock transaction for an implied consideration of $0.74 per share.</li><li><b>Outset Medical, Inc.</b> gained 26.9% to close at $19.61 after the company announced the resumption of Tablo Hemodialysis System shipments for home use.</li><li><b>Sientra, Inc.</b> rose 25.9% to close at $0.9313.</li><li><b>Better Therapeutics, Inc.</b> surged 24.8% to settle at $2.77. Better Therapeutics recently completed its clinical trial for BT-001, an investigational prescription digital therapeutic that is designed to use nCBT to treat type 2 diabetes.</li><li><b>EVO Payments, Inc.</b> gained 23.3% to close at $33.71 after Global Payments entered an agreement to acquire the company for $34 per share in cash.</li><li><b>ToughBuilt Industries, Inc.</b> rose 21.9% to settle at $8.64 after the company announced it has started to sell 93 of its products on Amazon Italy and Amazon Germany.</li><li><b>Twin Vee Powercats Co.</b> jumped 20.7% to settle at $3.50.</li><li><b>LiveVox Holdings, Inc.</b> gained 20.6% to close at $1.99.</li><li><b>Stealth BioTherapeutics Corp</b> rose 19.9% to close at $0.29 after the company announced it has entered into a definitive agreement for a going private transaction.</li><li><b>TOMI Environmental Solutions, Inc.</b> climbed 19.5% to close at $1.04 after dropping over 9% on Friday.</li><li><b>Sierra Wireless, Inc.</b> gained 19.4% to close at $29.70 following a Bloomberg report suggesting Semtech is said to be in advanced talks to acquire the company.</li><li><b>Getty Images Holdings, Inc.</b> climbed 18.9% to settle at $31.10 on continued strength after the stock surged last week following the redemption of nearly 99.4% of shares by CCNB shareholders.</li><li><b>Lottery.com Inc.</b> rose 18.7% to close at $0.3501. Lottery.com shares tumbled around 64% on Friday after the company in an SEC filing said its board determined it does not have sufficient financial resources to fund operations.</li><li><b>Pagaya Technologies Ltd.</b> gained 18.5% to settle at $29.40 on continued volatility after the company completed its SPAC merger agreement in June.</li><li><b>AMTD IDEA Group</b> climbed 18.2% to close at $2.08.</li><li><b>Reviva Pharmaceuticals Holdings, Inc.</b> rose 17.9% to close at $0.75.</li><li><b>Surrozen, Inc.</b> rose 17.7% to settle at $3.00.</li><li><b>Redbox Entertainment Inc.</b> gained 16.3% to close at $5.07 after declining around 15% on Friday.</li><li><b>Cadiz Inc.</b> jumped 16.1% to settle at $4.40.</li><li><b>Inseego Corp.</b> gained 16.1% to close at $2.59.</li><li><b>Mobile Global Esports Inc.</b> shares rose 16% to close at $12.98 on post-IPO volatility following Friday&#39;s IPO, which was priced at $4 per share.</li><li><b>Bridgford Foods Corporation</b> gained 14.8% to close at $14.58.</li><li><b>Pearson plc</b> gained 13.5% to close at $10.51 as the company backed its full-year profit guidance.</li><li><b>Golden Sun Education Group Limited</b> rose 13.1% to close at $34.00.</li><li><b>Volta Inc.</b> gained 13% to close at $2.08.</li><li><b>Rite Aid Corporation</b> rose 12.1% to close at $9.23 amid speculation of activist interest.</li><li><b>Celsius Holdings, Inc.</b> gained 11.1% to close at $98.87 after the company announced a long-term strategic distribution arrangement with PepsiCo, which will also make an investment in Celsius.</li><li><b>Tonix Pharmaceuticals Holding Corp.</b> rose 10.7% to close at $1.86 after dropping 10% on Friday. Tonix Pharmaceuticals recently announced a collaboration with the Kenya Medical Research Institute to plan, seek regulatory approval for and conduct a Phase 1 clinical study to develop TNX-801 as a vaccine to protect against monkeypox and smallpox.</li><li><b>36Kr Holdings Inc.</b> rose 10.4% to close at $1.27 after gaining more than 9% on Friday.</li><li><b>Roku, Inc.</b> gained 9.4% to close at $71.69. Morgan Stanley maintained Roku with an Underweight and lowered the price target from $80 to $55.</li><li><b>HSBC Holdings plc</b> surged 6.5% to settle at $33.44 after the company reported Q2 earnings results.</li><li><b>The Boeing Company</b> gained 6.1% to close at $169.07 following a report suggesting the FAA approved the company&#39;s inspection and modification plan to resume deliveries of the 787.</li><li><b>Cerevel Therapeutics Holdings, Inc.</b> gained 5.2% to close at $27.66 following Q2 results.</li><li><b>PerkinElmer, Inc.</b> gained 5% to close at $160.87 after the company reported better-than-expected Q2 financial results, issued Q3 guidance above estimates and raised its FY22 guidance above estimates. The company also announced it will divest its Applied, Food and Enterprise Services businesses to New Mountain Capital for total consideration of $2.45 billion in cash.</li><li><b>Li Auto Inc.</b> gained 3.8% to close at $34.10 after the company announced it delivered 10,422 Li ONEs in July 2022, up 21.3% year over year.</li></ul><p><b>Losers</b></p><ul><li><b>Otonomy, Inc.</b> shares dipped 79.6% to close at $0.2913 on Monday after the company announced it will discontinue development of OTO-313 after the Phase 2 trial of OTO-313 in patients with tinnitus demonstrated no clinically meaningful improvement versus placebo for primary and secondary endpoints across all time points.</li><li><b>Kazia Therapeutics Limited</b> shares fell 47% to close at $1.92 after the company announced its GBM AGILE pivotal study for paxalisib did not meet the pre-defined criteria for continuing to a second stage.</li><li><b>Zovio Inc</b> fell 35% to close at $0.67 as the company reported a second-quarter FY22 sales decline of 25.7% year-on-year, to $51.38 million.</li><li><b>Xinyuan Real Estate Co., Ltd.</b> fell 33.4% to close at $0.4801. Xinyuan Real Estate recently received letter from NYSE on listing compliance.</li><li><b>Tuniu Corporation</b> fell 23.5% to close at $0.8879.</li><li><b>American Rebel Holdings, Inc.</b> dropped 21.8% to close at $0.5911.</li><li><b>F45 Training Holdings Inc.</b> declined 21.3% to close at $1.55.</li><li><b>Blue Water Vaccines, Inc.</b> dropped 20.9% to close at $2.65.</li><li><b>Bright Green Corporation</b> dropped 20% to settle at $1.32.</li><li><b>Powerbridge Technologies Co., Ltd.</b> fell 19.9% to close at $1.17.</li><li><b>Cyclerion Therapeutics, Inc.</b> dipped 19.8% to close at $0.77.</li><li><b>I-Mab</b> fell 18.6% to close at $8.53.</li><li><b>Mercurity Fintech Holding Inc.</b> dipped 17.8% to close at $0.7456.</li><li><b>Omega Therapeutics, Inc.</b> fell 16.7% to close at $4.25. The U.S. Food and Drug Administration (FDA) recently announced clearance to Omega Therapeutics’ Investigational New Drug (IND) to initiate a Phase 1/2 clinical study of its candidate OTX-2002 for the treatment of hepatocellular carcinoma (HCC).</li><li><b>Holley Inc.</b> dropped 16.5% to close at $6.67. Raymond James maintained Holley with an Outperform and lowered the price target from $14 to $10.</li><li><b>Arcutis Biotherapeutics, Inc.</b> dropped 16.5% to close at $20.26. The FDA approved Arcutis Biotherapeutics’ Zoryve (roflumilast) cream 0.3% for plaque psoriasis, including intertriginous areas, in patients 12 years of age or older.</li><li><b>Uxin Limited</b> fell 16.2% to close at $0.5910. Uxin recently posted Q4 earnings of $0.05 per share.</li><li><b>Aileron Therapeutics, Inc.</b> dropped 16.2% to settle at $0.1602. Aileron Therapeutics outlined strategy to strengthen Phase 1b clinical trial of ALRN-6924 IN PATIENTS WITH p53-mutated breast cancer.</li><li><b>HilleVax, Inc.</b> dipped 15.9% to settle at $11.37.</li><li><b>Visionary Education Technology Holdings Group Inc.</b> dipped 15.6% to close at $ 1.41.</li><li><b>BiomX Inc.</b> fell 15.2% to close at $0.7609 after dropping 16% on Friday.</li><li><b>Scienjoy Holding Corporation</b> dipped 15.2% to close at $4.52.</li><li><b>ThermoGenesis Holdings, Inc.</b> declined 13.8% to close at $0.2320 after jumping 27% on Friday.</li><li><b>JELD-WEN Holding, Inc.</b> dipped 13.7% to close at $15.34 after the company posted downbeat Q2 earnings and lowered FY22 forecast.</li><li><b>Reliance Global Group, Inc.</b> dropped 13.5% to settle at $0.82.</li><li><b>Missfresh Limited</b> dipped 13.1% to close at $0.10. Missfresh recently announced adjustments to its business strategy, which will have an adverse impact on its financial performance.</li><li><b>Planet Green Holdings Corp.</b> dropped 11.3% to close at $0.86.</li><li><b>TuSimple Holdings Inc.</b> fell 9.7% to close at $8.99. The accident of an autonomously driven truck fitted with technology by TuSimple Holdings on April 6 has triggered concerns over risking safety on public roads, the Wall Street Journal reported.</li><li><b>Senti Biosciences, Inc.</b> fell 9.3% to close at $2.84.</li><li><b>Q&amp;K International Group Limited</b> fell 8.8% to settle at $1.96.</li><li><b>Innate Pharma S.A.</b> fell 8.5% to close at $2.81 after the company issued an update on Astra Zeneca-sponsored INTERLINK-1 Phase 3 study. The company said the study did not meet pre-defined threshold for efficacy and will be discontinued.</li><li><b>Royal Caribbean Cruises Ltd.</b> fell 7.5% to close at $35.79 after the company announced a private offering of senior convertible notes in an aggregate principal amount of up to $900 million.</li><li><b>Aerojet Rocketdyne Holdings, Inc.</b> dipped 7.3% to close at $40.52 after the company reported worse-than-expected Q2 EPS and sales results.</li><li><b>iQIYI, Inc.</b> dropped 7.1% to close at $3.55. Shares of Chinese companies traded lower after July factory activity pulled back from June levels.</li></ul></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Revlon Shares Jumped 90%; Here Are 83 Biggest Movers From Yesterday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Revlon Shares Jumped 90%; Here Are 83 Biggest Movers From Yesterday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-02 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/08/28304392/why-revlon-shares-jumped-90-here-are-83-biggest-movers-from-yesterday><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GainersLiberty TripAdvisor Holdings, Inc. shares jumped 187.3% to close at $48.03 on Monday after gaining around 18% on Friday.Virax Biolabs Group Limited climbed 119.4% to settle at $11.85 on Monday ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/08/28304392/why-revlon-shares-jumped-90-here-are-83-biggest-movers-from-yesterday\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc"},"source_url":"https://www.benzinga.com/news/22/08/28304392/why-revlon-shares-jumped-90-here-are-83-biggest-movers-from-yesterday","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124100255","content_text":"GainersLiberty TripAdvisor Holdings, Inc. shares jumped 187.3% to close at $48.03 on Monday after gaining around 18% on Friday.Virax Biolabs Group Limited climbed 119.4% to settle at $11.85 on Monday after declining 74% on Friday.Ontrak, Inc. shares jumped 107.7% to close at $1.35 on Monday. Ontrak is expected to report financial results for the second quarter on Tuesday, August 9, 2022.Revlon, Inc. gained 89.9% to close at $8.49 following a Reuters report suggesting a US bankruptcy judge has given the company permission to proceed with a $1.4 billion loan.AMTD Digital Inc. rose 85.4% to settle at $742.00 on continued upward volatility following the stock's July IPO.MediaCo Holding Inc. shares gained 60.9% to close at $3.33. MediaCo Holding 10% owner Soohyung Kim bought a total of 12,899,480 shares at an average price of $2.32.Nanobiotix S.A. rose 47% to close at $3.41.GeoVax Labs, Inc. gained 42.9% to close at $3.90 amid continued strength in monkeypox names. The company also recently announced the publication of a peer-reviewed animal efficacy study of its modified vaccine Ankara vectored vaccine against Sudan ebolavirus.Celyad Oncology SA gained 40.8% to close at $2.45 after the company said that the FDA has lifted the clinical hold on the CYAD-101-002 (KEYNOTE-B79) Phase 1b trial.Aethlon Medical, Inc. jumped 38% to settle at $1.38 after dropping over 7% on Friday.TherapeuticsMD, Inc. jumped 36.6% to close at $8.51 after the company announced it has received a $15 million private investment from Rubric Capital Management.MAIA Biotechnology, Inc. gained 34.5% to close at $7.80 after jumping 30% on Friday. The company agreed to initially offer 2.00 million shares to the public at a $5.00 per share.Performance Shipping Inc. surged 30.9% to settle at $0.36. Performance Shipping recently entered into a time charter contract with Teekay Chartering Limited, with a gross charter rate of $23,000 per day for a period of roughly 24 months.Reed's, Inc. jumped 30% to close at $0.2049.Romeo Power, Inc. gained 26.9% to close at $0.6981 after Nikola announced it will acquire the company in an all-stock transaction for an implied consideration of $0.74 per share.Outset Medical, Inc. gained 26.9% to close at $19.61 after the company announced the resumption of Tablo Hemodialysis System shipments for home use.Sientra, Inc. rose 25.9% to close at $0.9313.Better Therapeutics, Inc. surged 24.8% to settle at $2.77. Better Therapeutics recently completed its clinical trial for BT-001, an investigational prescription digital therapeutic that is designed to use nCBT to treat type 2 diabetes.EVO Payments, Inc. gained 23.3% to close at $33.71 after Global Payments entered an agreement to acquire the company for $34 per share in cash.ToughBuilt Industries, Inc. rose 21.9% to settle at $8.64 after the company announced it has started to sell 93 of its products on Amazon Italy and Amazon Germany.Twin Vee Powercats Co. jumped 20.7% to settle at $3.50.LiveVox Holdings, Inc. gained 20.6% to close at $1.99.Stealth BioTherapeutics Corp rose 19.9% to close at $0.29 after the company announced it has entered into a definitive agreement for a going private transaction.TOMI Environmental Solutions, Inc. climbed 19.5% to close at $1.04 after dropping over 9% on Friday.Sierra Wireless, Inc. gained 19.4% to close at $29.70 following a Bloomberg report suggesting Semtech is said to be in advanced talks to acquire the company.Getty Images Holdings, Inc. climbed 18.9% to settle at $31.10 on continued strength after the stock surged last week following the redemption of nearly 99.4% of shares by CCNB shareholders.Lottery.com Inc. rose 18.7% to close at $0.3501. Lottery.com shares tumbled around 64% on Friday after the company in an SEC filing said its board determined it does not have sufficient financial resources to fund operations.Pagaya Technologies Ltd. gained 18.5% to settle at $29.40 on continued volatility after the company completed its SPAC merger agreement in June.AMTD IDEA Group climbed 18.2% to close at $2.08.Reviva Pharmaceuticals Holdings, Inc. rose 17.9% to close at $0.75.Surrozen, Inc. rose 17.7% to settle at $3.00.Redbox Entertainment Inc. gained 16.3% to close at $5.07 after declining around 15% on Friday.Cadiz Inc. jumped 16.1% to settle at $4.40.Inseego Corp. gained 16.1% to close at $2.59.Mobile Global Esports Inc. shares rose 16% to close at $12.98 on post-IPO volatility following Friday's IPO, which was priced at $4 per share.Bridgford Foods Corporation gained 14.8% to close at $14.58.Pearson plc gained 13.5% to close at $10.51 as the company backed its full-year profit guidance.Golden Sun Education Group Limited rose 13.1% to close at $34.00.Volta Inc. gained 13% to close at $2.08.Rite Aid Corporation rose 12.1% to close at $9.23 amid speculation of activist interest.Celsius Holdings, Inc. gained 11.1% to close at $98.87 after the company announced a long-term strategic distribution arrangement with PepsiCo, which will also make an investment in Celsius.Tonix Pharmaceuticals Holding Corp. rose 10.7% to close at $1.86 after dropping 10% on Friday. Tonix Pharmaceuticals recently announced a collaboration with the Kenya Medical Research Institute to plan, seek regulatory approval for and conduct a Phase 1 clinical study to develop TNX-801 as a vaccine to protect against monkeypox and smallpox.36Kr Holdings Inc. rose 10.4% to close at $1.27 after gaining more than 9% on Friday.Roku, Inc. gained 9.4% to close at $71.69. Morgan Stanley maintained Roku with an Underweight and lowered the price target from $80 to $55.HSBC Holdings plc surged 6.5% to settle at $33.44 after the company reported Q2 earnings results.The Boeing Company gained 6.1% to close at $169.07 following a report suggesting the FAA approved the company's inspection and modification plan to resume deliveries of the 787.Cerevel Therapeutics Holdings, Inc. gained 5.2% to close at $27.66 following Q2 results.PerkinElmer, Inc. gained 5% to close at $160.87 after the company reported better-than-expected Q2 financial results, issued Q3 guidance above estimates and raised its FY22 guidance above estimates. The company also announced it will divest its Applied, Food and Enterprise Services businesses to New Mountain Capital for total consideration of $2.45 billion in cash.Li Auto Inc. gained 3.8% to close at $34.10 after the company announced it delivered 10,422 Li ONEs in July 2022, up 21.3% year over year.LosersOtonomy, Inc. shares dipped 79.6% to close at $0.2913 on Monday after the company announced it will discontinue development of OTO-313 after the Phase 2 trial of OTO-313 in patients with tinnitus demonstrated no clinically meaningful improvement versus placebo for primary and secondary endpoints across all time points.Kazia Therapeutics Limited shares fell 47% to close at $1.92 after the company announced its GBM AGILE pivotal study for paxalisib did not meet the pre-defined criteria for continuing to a second stage.Zovio Inc fell 35% to close at $0.67 as the company reported a second-quarter FY22 sales decline of 25.7% year-on-year, to $51.38 million.Xinyuan Real Estate Co., Ltd. fell 33.4% to close at $0.4801. Xinyuan Real Estate recently received letter from NYSE on listing compliance.Tuniu Corporation fell 23.5% to close at $0.8879.American Rebel Holdings, Inc. dropped 21.8% to close at $0.5911.F45 Training Holdings Inc. declined 21.3% to close at $1.55.Blue Water Vaccines, Inc. dropped 20.9% to close at $2.65.Bright Green Corporation dropped 20% to settle at $1.32.Powerbridge Technologies Co., Ltd. fell 19.9% to close at $1.17.Cyclerion Therapeutics, Inc. dipped 19.8% to close at $0.77.I-Mab fell 18.6% to close at $8.53.Mercurity Fintech Holding Inc. dipped 17.8% to close at $0.7456.Omega Therapeutics, Inc. fell 16.7% to close at $4.25. The U.S. Food and Drug Administration (FDA) recently announced clearance to Omega Therapeutics’ Investigational New Drug (IND) to initiate a Phase 1/2 clinical study of its candidate OTX-2002 for the treatment of hepatocellular carcinoma (HCC).Holley Inc. dropped 16.5% to close at $6.67. Raymond James maintained Holley with an Outperform and lowered the price target from $14 to $10.Arcutis Biotherapeutics, Inc. dropped 16.5% to close at $20.26. The FDA approved Arcutis Biotherapeutics’ Zoryve (roflumilast) cream 0.3% for plaque psoriasis, including intertriginous areas, in patients 12 years of age or older.Uxin Limited fell 16.2% to close at $0.5910. Uxin recently posted Q4 earnings of $0.05 per share.Aileron Therapeutics, Inc. dropped 16.2% to settle at $0.1602. Aileron Therapeutics outlined strategy to strengthen Phase 1b clinical trial of ALRN-6924 IN PATIENTS WITH p53-mutated breast cancer.HilleVax, Inc. dipped 15.9% to settle at $11.37.Visionary Education Technology Holdings Group Inc. dipped 15.6% to close at $ 1.41.BiomX Inc. fell 15.2% to close at $0.7609 after dropping 16% on Friday.Scienjoy Holding Corporation dipped 15.2% to close at $4.52.ThermoGenesis Holdings, Inc. declined 13.8% to close at $0.2320 after jumping 27% on Friday.JELD-WEN Holding, Inc. dipped 13.7% to close at $15.34 after the company posted downbeat Q2 earnings and lowered FY22 forecast.Reliance Global Group, Inc. dropped 13.5% to settle at $0.82.Missfresh Limited dipped 13.1% to close at $0.10. Missfresh recently announced adjustments to its business strategy, which will have an adverse impact on its financial performance.Planet Green Holdings Corp. dropped 11.3% to close at $0.86.TuSimple Holdings Inc. fell 9.7% to close at $8.99. The accident of an autonomously driven truck fitted with technology by TuSimple Holdings on April 6 has triggered concerns over risking safety on public roads, the Wall Street Journal reported.Senti Biosciences, Inc. fell 9.3% to close at $2.84.Q&K International Group Limited fell 8.8% to settle at $1.96.Innate Pharma S.A. fell 8.5% to close at $2.81 after the company issued an update on Astra Zeneca-sponsored INTERLINK-1 Phase 3 study. The company said the study did not meet pre-defined threshold for efficacy and will be discontinued.Royal Caribbean Cruises Ltd. fell 7.5% to close at $35.79 after the company announced a private offering of senior convertible notes in an aggregate principal amount of up to $900 million.Aerojet Rocketdyne Holdings, Inc. dipped 7.3% to close at $40.52 after the company reported worse-than-expected Q2 EPS and sales results.iQIYI, Inc. dropped 7.1% to close at $3.55. Shares of Chinese companies traded lower after July factory activity pulled back from June levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900518204,"gmtCreate":1658726522308,"gmtModify":1676536198625,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900518204","repostId":"1108190327","repostType":2,"repost":{"id":"1108190327","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1658725472,"share":"https://www.laohu8.com/m/news/1108190327?lang=&edition=full","pubTime":"2022-07-25 13:04","market":"hk","language":"en","title":"Alibaba Drops 2%, Nio Leads EV Crash With 7% Plunge","url":"https://stock-news.laohu8.com/highlight/detail?id=1108190327","media":"Benzinga","summary":"ZINGER KEY POINTSHang Seng loses 0.81%Nio plunges 7%, Li Auto down 6%Fed rate hike looms over market","content":"<html><head></head><body><p>ZINGER KEY POINTS</p><ul><li>Hang Seng loses 0.81%</li><li>Nio plunges 7%, Li Auto down 6%</li><li>Fed rate hike looms over markets this week</li></ul><p>Hong Kong’s benchmark Hang Seng Index opened in the red on Monday following a weaker close on Wall Street on Friday, which was dominated by a plunge in social media stocks. The Hang Seng fell 0.81% ahead of the crucial U.S. Federal Reserve meeting later this week that could potentially see a 75 bps rate hike.</p><p><b>EVs plunge:</b> <a href=\"https://laohu8.com/S/09866\"><b>Nio Inc</a></b> led the losers, with the stock shedding nearly 7%. $<b>Tesla Inc(</b>TSLA)$ rival $<b>XPeng Inc(</b>XPEV)$ fell more than 4%, while <a href=\"https://laohu8.com/S/02015\"><b>Li AutoInc</a></b> was down nearly 4.6% at press time.</p><p><b>Tech Loses Shine:</b> Shares of <a href=\"https://laohu8.com/S/09988\"><b>AlibabaGroup Holding</b> <b>Ltd.</b></a> lost more than 2% and <b>BaiduInc</b> fell 1.43% on Monday. <b>Tencent Holdings</b> <b>Ltd.</b> shares were down 1.2%, while shopping platform <b>Meituan</b> lost 0.52%.</p><p>E-commerce player <b>JD.com Inc</b> lost 1.3%.</p><p><b>Company News:</b> Nio is set to enter Germany, Holland, Denmark and Sweden with its flagship ET7 sedan along with its battery swap stations and domestic hiring, reports EV quoting the Deutsche Bank analyst Edison Yu.</p><p><b>Global Markets:</b> U.S. markets ended in the red on Friday, led by a plunge in social media stocks, with the Nasdaq index falling 1.87%. The Dow Jones Industrial Average closed 0.43% lower, while the S&amp;P 500 shed 0.93%.</p><p>Shares of <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> nosedived 39% over disappointing second-quarter results.</p><p>Elsewhere in Asia, Japan’s Nikkei 225 traded lower at 0.64% while the South Korean Kospi rose marginally by 0.03%. China’s Shanghai Composite traded flat, while Australia’s ASX 200 was up 0.07% in opening trade.</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>Alibaba Drops 2%, Nio Leads EV Crash With 7% Plunge</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 Drops 2%, Nio Leads EV Crash With 7% Plunge\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-07-25 13:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>ZINGER KEY POINTS</p><ul><li>Hang Seng loses 0.81%</li><li>Nio plunges 7%, Li Auto down 6%</li><li>Fed rate hike looms over markets this week</li></ul><p>Hong Kong’s benchmark Hang Seng Index opened in the red on Monday following a weaker close on Wall Street on Friday, which was dominated by a plunge in social media stocks. The Hang Seng fell 0.81% ahead of the crucial U.S. Federal Reserve meeting later this week that could potentially see a 75 bps rate hike.</p><p><b>EVs plunge:</b> <a href=\"https://laohu8.com/S/09866\"><b>Nio Inc</a></b> led the losers, with the stock shedding nearly 7%. $<b>Tesla Inc(</b>TSLA)$ rival $<b>XPeng Inc(</b>XPEV)$ fell more than 4%, while <a href=\"https://laohu8.com/S/02015\"><b>Li AutoInc</a></b> was down nearly 4.6% at press time.</p><p><b>Tech Loses Shine:</b> Shares of <a href=\"https://laohu8.com/S/09988\"><b>AlibabaGroup Holding</b> <b>Ltd.</b></a> lost more than 2% and <b>BaiduInc</b> fell 1.43% on Monday. <b>Tencent Holdings</b> <b>Ltd.</b> shares were down 1.2%, while shopping platform <b>Meituan</b> lost 0.52%.</p><p>E-commerce player <b>JD.com Inc</b> lost 1.3%.</p><p><b>Company News:</b> Nio is set to enter Germany, Holland, Denmark and Sweden with its flagship ET7 sedan along with its battery swap stations and domestic hiring, reports EV quoting the Deutsche Bank analyst Edison Yu.</p><p><b>Global Markets:</b> U.S. markets ended in the red on Friday, led by a plunge in social media stocks, with the Nasdaq index falling 1.87%. The Dow Jones Industrial Average closed 0.43% lower, while the S&amp;P 500 shed 0.93%.</p><p>Shares of <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> nosedived 39% over disappointing second-quarter results.</p><p>Elsewhere in Asia, Japan’s Nikkei 225 traded lower at 0.64% while the South Korean Kospi rose marginally by 0.03%. China’s Shanghai Composite traded flat, while Australia’s ASX 200 was up 0.07% in opening trade.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02015":"理想汽车-W","09866":"蔚来-SW","09988":"阿里巴巴-SW","09868":"小鹏汽车-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108190327","content_text":"ZINGER KEY POINTSHang Seng loses 0.81%Nio plunges 7%, Li Auto down 6%Fed rate hike looms over markets this weekHong Kong’s benchmark Hang Seng Index opened in the red on Monday following a weaker close on Wall Street on Friday, which was dominated by a plunge in social media stocks. The Hang Seng fell 0.81% ahead of the crucial U.S. Federal Reserve meeting later this week that could potentially see a 75 bps rate hike.EVs plunge: Nio Inc led the losers, with the stock shedding nearly 7%. $Tesla Inc(TSLA)$ rival $XPeng Inc(XPEV)$ fell more than 4%, while Li AutoInc was down nearly 4.6% at press time.Tech Loses Shine: Shares of AlibabaGroup Holding Ltd. lost more than 2% and BaiduInc fell 1.43% on Monday. Tencent Holdings Ltd. shares were down 1.2%, while shopping platform Meituan lost 0.52%.E-commerce player JD.com Inc lost 1.3%.Company News: Nio is set to enter Germany, Holland, Denmark and Sweden with its flagship ET7 sedan along with its battery swap stations and domestic hiring, reports EV quoting the Deutsche Bank analyst Edison Yu.Global Markets: U.S. markets ended in the red on Friday, led by a plunge in social media stocks, with the Nasdaq index falling 1.87%. The Dow Jones Industrial Average closed 0.43% lower, while the S&P 500 shed 0.93%.Shares of Snap Inc nosedived 39% over disappointing second-quarter results.Elsewhere in Asia, Japan’s Nikkei 225 traded lower at 0.64% while the South Korean Kospi rose marginally by 0.03%. China’s Shanghai Composite traded flat, while Australia’s ASX 200 was up 0.07% in opening trade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070557888,"gmtCreate":1657079145744,"gmtModify":1676535945957,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070557888","repostId":"1185859082","repostType":2,"repost":{"id":"1185859082","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":1657072832,"share":"https://www.laohu8.com/m/news/1185859082?lang=&edition=full","pubTime":"2022-07-06 10:00","market":"us","language":"en","title":"Tiger Chart | How Will U.S. Stocks Perform in H2 of the Year After a Bad H1?","url":"https://stock-news.laohu8.com/highlight/detail?id=1185859082","media":"Tiger Newspress","summary":"Worst start after Great Depression in around 100 years; Corporate fundamentals should exhibit relati","content":"<html><head></head><body><p>Worst start after Great Depression in around 100 years; Corporate fundamentals should exhibit relative resilience for the rest of the year.</p><p><img src=\"https://static.tigerbbs.com/7830b975cfd79c7d60ae8df1cbdc1722\" tg-width=\"1500\" tg-height=\"1145\" width=\"100%\" height=\"auto\"/></p><p>Equity sentiment, investor positioning and market internals have been bearish, resulting in the worst annual start for equities in around 100 years, with the exception of the Great Depression. Portfolios are defensively positioned for a recessionary outcome and corporate fundamentals should exhibit relative resilience for the rest of the year, despite some softness in corporate guidance.</p><p>“We believe the fundamental risk-reward for equities will be improving as we enter the second half of the year, with growth-policy tradeoff likely to turn, from both sides,”said Dubravko Lakos-Bujas, Global Head of Equity Macro Research at J.P. Morgan.</p><p>Mid-to-high single digit growth rate is expected for S&amp;P 500 earnings per share (EPS) in 2022, with J.P. Morgan estimates at $225 (vs. consensus $229.58). Growth should moderate in 2023 with negative revisions to EPS driven by slight margin compression and U.S. dollar headwinds.</p><p>Equity markets typically have large drawdowns during a hiking cycle, with an average sell-off of -16% in the 13 cycles since 1954. The -25% drawdown so far in this cycle is comparable to 1986-89 cycle (-32.6%, Black Monday, recession came after three and a half years from the start of the cycle). Anything short of a recession will likely catch most investors completely wrong-footed, especially after broad correction that resulted in the average stock drawdown around 80% of the way to prior recession bottoms.</p><p>“At the current juncture defensive stocks possess valuation risk while flushed out cyclicals / growth / small-caps are presenting an increasingly attractive risk/reward. Our highest conviction sector call remains energy (strong fundamentals, still attractive valuation, rising shareholder return and geopolitical/inflation hedge),”added Lakos-Bujas.</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>Tiger Chart | How Will U.S. Stocks Perform in H2 of the Year After a Bad H1?</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\">\nTiger Chart | How Will U.S. Stocks Perform in H2 of the Year After a Bad H1?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-06 10:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Worst start after Great Depression in around 100 years; Corporate fundamentals should exhibit relative resilience for the rest of the year.</p><p><img src=\"https://static.tigerbbs.com/7830b975cfd79c7d60ae8df1cbdc1722\" tg-width=\"1500\" tg-height=\"1145\" width=\"100%\" height=\"auto\"/></p><p>Equity sentiment, investor positioning and market internals have been bearish, resulting in the worst annual start for equities in around 100 years, with the exception of the Great Depression. Portfolios are defensively positioned for a recessionary outcome and corporate fundamentals should exhibit relative resilience for the rest of the year, despite some softness in corporate guidance.</p><p>“We believe the fundamental risk-reward for equities will be improving as we enter the second half of the year, with growth-policy tradeoff likely to turn, from both sides,”said Dubravko Lakos-Bujas, Global Head of Equity Macro Research at J.P. Morgan.</p><p>Mid-to-high single digit growth rate is expected for S&amp;P 500 earnings per share (EPS) in 2022, with J.P. Morgan estimates at $225 (vs. consensus $229.58). Growth should moderate in 2023 with negative revisions to EPS driven by slight margin compression and U.S. dollar headwinds.</p><p>Equity markets typically have large drawdowns during a hiking cycle, with an average sell-off of -16% in the 13 cycles since 1954. The -25% drawdown so far in this cycle is comparable to 1986-89 cycle (-32.6%, Black Monday, recession came after three and a half years from the start of the cycle). Anything short of a recession will likely catch most investors completely wrong-footed, especially after broad correction that resulted in the average stock drawdown around 80% of the way to prior recession bottoms.</p><p>“At the current juncture defensive stocks possess valuation risk while flushed out cyclicals / growth / small-caps are presenting an increasingly attractive risk/reward. Our highest conviction sector call remains energy (strong fundamentals, still attractive valuation, rising shareholder return and geopolitical/inflation hedge),”added Lakos-Bujas.</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"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185859082","content_text":"Worst start after Great Depression in around 100 years; Corporate fundamentals should exhibit relative resilience for the rest of the year.Equity sentiment, investor positioning and market internals have been bearish, resulting in the worst annual start for equities in around 100 years, with the exception of the Great Depression. Portfolios are defensively positioned for a recessionary outcome and corporate fundamentals should exhibit relative resilience for the rest of the year, despite some softness in corporate guidance.“We believe the fundamental risk-reward for equities will be improving as we enter the second half of the year, with growth-policy tradeoff likely to turn, from both sides,”said Dubravko Lakos-Bujas, Global Head of Equity Macro Research at J.P. Morgan.Mid-to-high single digit growth rate is expected for S&P 500 earnings per share (EPS) in 2022, with J.P. Morgan estimates at $225 (vs. consensus $229.58). Growth should moderate in 2023 with negative revisions to EPS driven by slight margin compression and U.S. dollar headwinds.Equity markets typically have large drawdowns during a hiking cycle, with an average sell-off of -16% in the 13 cycles since 1954. The -25% drawdown so far in this cycle is comparable to 1986-89 cycle (-32.6%, Black Monday, recession came after three and a half years from the start of the cycle). Anything short of a recession will likely catch most investors completely wrong-footed, especially after broad correction that resulted in the average stock drawdown around 80% of the way to prior recession bottoms.“At the current juncture defensive stocks possess valuation risk while flushed out cyclicals / growth / small-caps are presenting an increasingly attractive risk/reward. Our highest conviction sector call remains energy (strong fundamentals, still attractive valuation, rising shareholder return and geopolitical/inflation hedge),”added Lakos-Bujas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042217764,"gmtCreate":1656479347258,"gmtModify":1676535838058,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042217764","repostId":"1190650286","repostType":4,"repost":{"id":"1190650286","pubTimestamp":1656470764,"share":"https://www.laohu8.com/m/news/1190650286?lang=&edition=full","pubTime":"2022-06-29 10:46","market":"hk","language":"en","title":"NIO Stock Falls as Grizzly Research Targets the EV Maker in New Short Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1190650286","media":"InvestorPlace","summary":"Grizzly Research believes Nio(NIO) is inflating revenue and margins through Wuhan Weineng.Weineng ac","content":"<html><head></head><body><ul><li><b>Grizzly Research</b> believes <b>Nio</b>(<b><u>NIO</u></b>) is inflating revenue and margins through <b>Wuhan Weineng</b>.</li><li>Weineng acts as the company&#39;s battery asset management provider.</li><li>Shares of NIO stock are down about 30% year-to-date (YTD).</li></ul><p><b>Nio</b>(NYSE:<b><u>NIO</u></b>) stock is in the red today following a short report from <b>Grizzly Research</b>. The firm characterizes Nio as an “audacious scheme” that inflates its revenue and net income margins in order to meet Wall Street’s expectations.</p><p><b>Wuhan Weineng</b> acts as Nio’s battery asset management provider. The company was formed in 2020 as a joint venture between Nio and <b>Contemporary Amperex Technology</b>. Since then, Grizzly says Weineng has generated “billions in revenue” for the electric vehicle(EV) company through “accounting games.”</p><p>The short firm compares Nio’s relationship with Weineng to Valeant Pharmaceuticals’ relationship with <b>Philidor</b>. Philidor helped Valeant (now <b>Bausch Health</b>(NYSE:<b><u>BHC</u></b>)) inflate its financials before regulators caught on to the accounting irregularities, ultimately charging Valeant a hefty $45 million fine. For the nine months ended September 2021, Grizzly believes Nio “inflated its revenue and net income by ~10% and 95%, respectively.”</p><p>Weineng collects Nio’s monthly subscription revenue for the company’s battery swap system and battery-as-a-service (BaaS) strategy. Nio is the “only major Chinese EV company” to have these features, which differentiates it from competitors. However, Grizzly emphasizes that Weineng is incorrectly recognizing battery revenue. The firm believes that instead of recognizing revenue over the course of a subscription’s duration, Weineng recognizes revenue right away. As a result, Nio recognizes roughly seven years of revenue immediately.</p><p><b>NIO Stock: Grizzly Research Releases Short Report</b></p><p>Weineng recently disclosed that it has 19,000 battery subscriptions. As of Sept. 30, the company held 40,053 batteries in its inventory. Because of this, Grizzly suggests that Nio has “flooded Weineng with up to extra 21,053 batteries (worth ~1,147M RMB) to boost its numbers.”</p><p>The firm also points out conflicts of interest between Weineng and Nio; two of the former’s top executives also act as Nio’s Vice President and Battery Operating Executive Manager. Meanwhile, Nio President William Li has been involved with “past ventures” that have “seen their stocks collapse and been taken private at a fraction of their peak valuations.”</p><p>Grizzly notes that NIO stock investors may be at risk of a margin call as well. In 2019, Li transferred 50 million shares to establish a fund to give shareholders greater governance of the company. However, Li pledged these shares to <b>UBS</b>(NYSE:<b><u>UBS</u></b>) to “secure a personal loan.” NIO stock has declined by more than 50% since that pledge. Accordingly, Grizzly believes shareholders are “unknowingly exposed” to a potential margin call.</p><p>Chinese government entities have redeemed $2 billion from Nio. They may also potentially collect another $6.7 billion. Currently, the company has a cash balance of $8.2 billion. As such, Grizzly believes that shareholders are prone to further stock dilution in the future.</p></body></html>","source":"lsy1606302653667","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>NIO Stock Falls as Grizzly Research Targets the EV Maker in New Short Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Stock Falls as Grizzly Research Targets the EV Maker in New Short Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 10:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/06/nio-stock-falls-as-grizzly-research-targets-the-ev-maker-in-new-short-report/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grizzly Research believes Nio(NIO) is inflating revenue and margins through Wuhan Weineng.Weineng acts as the company's battery asset management provider.Shares of NIO stock are down about 30% year-to...</p>\n\n<a href=\"https://investorplace.com/2022/06/nio-stock-falls-as-grizzly-research-targets-the-ev-maker-in-new-short-report/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09866":"蔚来-SW","NIO":"蔚来","NIO.SI":"蔚来"},"source_url":"https://investorplace.com/2022/06/nio-stock-falls-as-grizzly-research-targets-the-ev-maker-in-new-short-report/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190650286","content_text":"Grizzly Research believes Nio(NIO) is inflating revenue and margins through Wuhan Weineng.Weineng acts as the company's battery asset management provider.Shares of NIO stock are down about 30% year-to-date (YTD).Nio(NYSE:NIO) stock is in the red today following a short report from Grizzly Research. The firm characterizes Nio as an “audacious scheme” that inflates its revenue and net income margins in order to meet Wall Street’s expectations.Wuhan Weineng acts as Nio’s battery asset management provider. The company was formed in 2020 as a joint venture between Nio and Contemporary Amperex Technology. Since then, Grizzly says Weineng has generated “billions in revenue” for the electric vehicle(EV) company through “accounting games.”The short firm compares Nio’s relationship with Weineng to Valeant Pharmaceuticals’ relationship with Philidor. Philidor helped Valeant (now Bausch Health(NYSE:BHC)) inflate its financials before regulators caught on to the accounting irregularities, ultimately charging Valeant a hefty $45 million fine. For the nine months ended September 2021, Grizzly believes Nio “inflated its revenue and net income by ~10% and 95%, respectively.”Weineng collects Nio’s monthly subscription revenue for the company’s battery swap system and battery-as-a-service (BaaS) strategy. Nio is the “only major Chinese EV company” to have these features, which differentiates it from competitors. However, Grizzly emphasizes that Weineng is incorrectly recognizing battery revenue. The firm believes that instead of recognizing revenue over the course of a subscription’s duration, Weineng recognizes revenue right away. As a result, Nio recognizes roughly seven years of revenue immediately.NIO Stock: Grizzly Research Releases Short ReportWeineng recently disclosed that it has 19,000 battery subscriptions. As of Sept. 30, the company held 40,053 batteries in its inventory. Because of this, Grizzly suggests that Nio has “flooded Weineng with up to extra 21,053 batteries (worth ~1,147M RMB) to boost its numbers.”The firm also points out conflicts of interest between Weineng and Nio; two of the former’s top executives also act as Nio’s Vice President and Battery Operating Executive Manager. Meanwhile, Nio President William Li has been involved with “past ventures” that have “seen their stocks collapse and been taken private at a fraction of their peak valuations.”Grizzly notes that NIO stock investors may be at risk of a margin call as well. In 2019, Li transferred 50 million shares to establish a fund to give shareholders greater governance of the company. However, Li pledged these shares to UBS(NYSE:UBS) to “secure a personal loan.” NIO stock has declined by more than 50% since that pledge. Accordingly, Grizzly believes shareholders are “unknowingly exposed” to a potential margin call.Chinese government entities have redeemed $2 billion from Nio. They may also potentially collect another $6.7 billion. Currently, the company has a cash balance of $8.2 billion. As such, Grizzly believes that shareholders are prone to further stock dilution in the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":217,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042217578,"gmtCreate":1656479331294,"gmtModify":1676535838050,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042217578","repostId":"1129419161","repostType":4,"repost":{"id":"1129419161","pubTimestamp":1656474881,"share":"https://www.laohu8.com/m/news/1129419161?lang=&edition=full","pubTime":"2022-06-29 11:54","market":"us","language":"en","title":"Alibaba: Poised For Upside After a Tough FY22","url":"https://stock-news.laohu8.com/highlight/detail?id=1129419161","media":"TipRanks","summary":"Story HighlightsBABA had a tough FY22 as a result of the volatile macroeconomic environment in China","content":"<div>\n<p>Story HighlightsBABA had a tough FY22 as a result of the volatile macroeconomic environment in China. However, with the Chinese economy showing signs of opening up, could FY23 prove to be Alibaba’s ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/baba-poised-for-upside-after-a-tough-fy22/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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: Poised For Upside After a Tough FY22</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: Poised For Upside After a Tough FY22\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 11:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/baba-poised-for-upside-after-a-tough-fy22/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsBABA had a tough FY22 as a result of the volatile macroeconomic environment in China. However, with the Chinese economy showing signs of opening up, could FY23 prove to be Alibaba’s ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/baba-poised-for-upside-after-a-tough-fy22/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"source_url":"https://www.tipranks.com/news/article/baba-poised-for-upside-after-a-tough-fy22/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129419161","content_text":"Story HighlightsBABA had a tough FY22 as a result of the volatile macroeconomic environment in China. However, with the Chinese economy showing signs of opening up, could FY23 prove to be Alibaba’s year? Let us look at what Wall Street analysts are saying about the stock.On Tuesday,Bloomberg reported that Chinese stocks seem to be getting ready for a bull run as the Chinese Government announced a shortening of the mandatory quarantine period for inbound travelers. The report said that the Chinese Government announced that inbound travelers would have to spend seven days at a quarantine facility, and an additional three days at home instead of the 21 days announced earlier.According toBloomberg, this resulted in the CSI 300 Index being up 1% on Tuesday afternoon, extending its gains from a low in April to almost 19%. This gain was mostly led by stocks in the tourism sector.Will a bull run in Chinese stocks cause Alibaba (NYSE: BABA) to extend its gains further? The stock has already shot up 23.6% in the past month alone.The easing of COVID-19 restrictions and favorable government policies could reaccelerate growth. The Chinese technology giant stated on its fiscal Q4 earnings call that in FY23, the company will be focusing on a few key objectives.This included generating “sustainable, high-quality revenue that reflects our ongoing commitments to develop high quality consumers, high-quality digital commerce infrastructure and high-quality technology innovations.”The company is also focused on optimizing its cost structure, “build an energy efficient cloud infrastructure” and maintaining strong operating cash flows.While BABA refrained from giving any guidance for FY23 at its Q4 earnings call, considering the uncertain macroeconomic environment, Wall Street analysts continued to be bullish about the stock.Earlier this month, Bank of America Securities analyst Eddie Leung reiterated his Buy recommendation on BABA stock with a Buy rating and a price target of $162 on the stock, implying an upside potential of 36.4% at current levels.The analyst pointed out that BABA’s supply and fulfillment capacity showed signs of improvement in late May and early June but has not yet normalized. Leung added that demand has picked up for certain product categories, including outdoor, fitness, healthcare, and home furnishings, during the June promotional pre-sale period.Besides Leung, other Wall Street analysts are bullish on the stock with a Strong Buy consensus rating based on 16 Buys and two Holds. The average Alibaba price target of $161.01 implies 35.6% upside potential.Bottom LineWith the shortening of the quarantine period in China, it seems that the Chinese economy is finally getting ready to open up. This could only benefit BABA further, and the company could be on an upward trajectory this year.Even investors on TipRanks seem to be upbeat about the stock as indicated by the Crowd Wisdom tool. In the past 30 days, the best-performing portfolios on TipRanks have increased their holdings of BABA by 22.7%, and investors are overwhelmingly very positive about the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9964991093,"gmtCreate":1670044886112,"gmtModify":1676538295085,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9964991093","repostId":"1121458158","repostType":4,"repost":{"id":"1121458158","pubTimestamp":1670026613,"share":"https://www.laohu8.com/m/news/1121458158?lang=&edition=full","pubTime":"2022-12-03 08:16","market":"us","language":"en","title":"Why Blackstone’s $69 Billion Property Fund Is Signaling Pain Ahead for Real Estate Industry","url":"https://stock-news.laohu8.com/highlight/detail?id=1121458158","media":"Bloomberg","summary":"Pain is deepening across the US real estate industry.Two of the biggest players — Blackstone Inc. an","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cb45c2382372c7e146989481fd97fcf6\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/>Pain is deepening across the US real estate industry.</p><p>Two of the biggest players — Blackstone Inc. and Wells Fargo &amp; Co. — took steps this week to contend with weaker demand as the industry faces a rapidly cooling property market, rising interest rates and waning investor appetite.</p><p>The well-heeled investors in the $69 billion Blackstone Real Estate Income Trust Inc. learnedThursday the fund will limit withdrawals as people seek to pull money from what’s been a cash magnet for one of the largest owners of real estate globally. Also Thursday, Wells Fargo, the biggest home loan originator among US banks, confirmedit’s cutting hundreds more mortgage employees as soaring borrowing costs crush demand.</p><p>The $69 billion BREIT will be limiting withdrawals as headwinds hold back the real estate market.Photographer: Angus Mordant/Bloomberg</p><p>“It’s a one-two punch,” Susan Wachter, real estate professor at the University of Pennsylvania’s Wharton School, said in an interview. “Both are realistic pullback responses to the overall economic weakness we’re seeing now as well as the spike in interest rates.”</p><p>In the past decade, the real estate industry reaped the benefits of the Federal Reserve’s policy of low rates. Homebuyers, taking advantage of record-low borrowing costs, went on a spree that fueled double-digit price gains. Ultra-low rates also drove a refinancing boom that put more money in homeowners’ pockets and spurred the creation of jobs for mortgage brokers, title insurance agents and appraisers.</p><p>Now, real estate has been among the hardest-hit sectors of the Fed’s campaign to quash inflation by boosting interest rates at the fastest pace in decades.</p><p>In the housing market, mortgage rates that have doubled this year are sidelining potential buyers and causing sellers to pull back on new listings. A measure of prices hasdroppedfor the last three months, while pending home sales havefallenfor five months in a row. The volume of mortgages with rate locks plunged 61% in October from 2021 levels, according to Black Knight Inc.</p><p>Commercial real estate is also feeling the sting. Property prices have slumped 13% from a peak this year, according to Green Street’s October price index. The financing environment has become trickier as some big lenders have scaled back, leading property owners such as a Brookfield Asset Management Inc. unit to warn that it might struggle to refinance certain debt.</p><h2>Industry Fallout</h2><p>The industry fallout has been wide-ranging. Reverse Mortgage Funding, a home lender backed by Starwood Capital Group,filedfor Chapter 11 bankruptcy this week.</p><p>Layoffs have been widespread. Opendoor Technologies Inc., which pioneered a data-driven spin on home-flipping known as iBuying,laid offabout 18% of its workforce and wrote down the value of its property holdings by $573 million. Brokerage Redfin Corp. went through two rounds of layoffs and shuttered its iBuying business, while competitor Compass Inc. also made deep cuts to its technology teams in a quest for profitability.</p><p>Layoffs only tell part of the story of the pain. While mortgage firms and real estate technology companies cut costs by firing workers, real estate agents make up a large share of the industry’s workforce. They’re usually considered independent contractors and depend on commissions for a living. They don’t show up in layoff tallies but are also exposed to slowing home sales.</p><p>“There are hundreds of thousands of real estate agents who are not going to be practicing because people are buying and selling fewer homes,” said Mike DelPrete, a scholar-in-residence at the University of Colorado Boulder. “It’s like a silent culling of the ranks.”</p><h2>Search for Yield</h2><p>When interest rates were ultra low, investors turned to commercial real estate as a source for higher yields than they could get by owning Treasuries and other low-risk bonds.</p><p>That was part of BREIT’s appeal, drawing in high-net-worth clients lured by the 13% annualized returns in one major share class through October. BREIT raked in money to buy apartments and industrial buildings, properties that the private equity firm bet would keep growing in value because demand outstripped supply. People who couldn’t afford to buy a house needed to rent, the reasoning went, and shoppers increasingly buying online drove up the need for warehouse space.</p><p>“Our business is built on performance, not fund flows, and performance is rock solid,” a Blackstone spokesperson said Thursday after the firm announced the redemption limits.</p><p>Much of the money withdrawn from BREIT was from overseas, with offshore investors redeeming at eight times the rate of US ones in the past year. Blackstone shares dropped 2.7% Friday to $82.76 at 10:47 a.m., after tumbling 7.1% the day before.</p><p>Read more about the pressures facing Blackstone’s giant real estate fund for wealthy investors.</p><p>Commercial-property owners are getting hit with financing challenges after years of paying for deals with cheap loans. Expensive debt haspushedsome borrowers into negative leverage, which means that debt costs are outpacing expected returns. Dealmaking has also frozen, with transaction volume plunging 43% in October from a year earlier, according to MSCI Real Assets.</p><p>“With the benefits of leverage severely limited and owners who are not being forced to sell, the price expectations gap between sellers and potential buyers has been wide enough to limit deal closings,” Jim Costello, an MSCI economist, wrote in a Nov. 16 report.</p><p>Despite all the pain points, the housing and commercial real estate industries are in better shape than in some previous downturns, with more tightly underwritten loans and less of a risk of markets being oversupplied.</p><p>With BREIT, the fund is still outperforming the S&amp;P 500 Index, even as investors increasingly want out. And Thursday’s announced sale of a stake in two Las Vegas hotels is expected to generate roughly $730 million in profit for BREIT shareholders, Bloomberg previously reported.</p><h2>Relative Value</h2><p>What’s changing most drastically across the industry is the relative value of real estate to other investments.</p><p>Thanks in part to the Federal Reserve’s hiking campaign, investors have other places to earn money that could generate more yield than in years past and tend to be more liquid than commercial real estate, including Treasuries, investment-grade bonds, and mortgage-backed securities.</p><p>“Real estate is quite cyclical,” Wharton’s Wachter said. “It’s bad for real estate when rates go up and you can get higher yields from Treasuries and other assets.”</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>Why Blackstone’s $69 Billion Property Fund Is Signaling Pain Ahead for Real Estate Industry</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Blackstone’s $69 Billion Property Fund Is Signaling Pain Ahead for Real Estate Industry\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 08:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-02/blackstone-fund-hitting-limit-signals-broader-real-estate-pain?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pain is deepening across the US real estate industry.Two of the biggest players — Blackstone Inc. and Wells Fargo & Co. — took steps this week to contend with weaker demand as the industry faces a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-02/blackstone-fund-hitting-limit-signals-broader-real-estate-pain?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BX":"黑石"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-02/blackstone-fund-hitting-limit-signals-broader-real-estate-pain?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121458158","content_text":"Pain is deepening across the US real estate industry.Two of the biggest players — Blackstone Inc. and Wells Fargo & Co. — took steps this week to contend with weaker demand as the industry faces a rapidly cooling property market, rising interest rates and waning investor appetite.The well-heeled investors in the $69 billion Blackstone Real Estate Income Trust Inc. learnedThursday the fund will limit withdrawals as people seek to pull money from what’s been a cash magnet for one of the largest owners of real estate globally. Also Thursday, Wells Fargo, the biggest home loan originator among US banks, confirmedit’s cutting hundreds more mortgage employees as soaring borrowing costs crush demand.The $69 billion BREIT will be limiting withdrawals as headwinds hold back the real estate market.Photographer: Angus Mordant/Bloomberg“It’s a one-two punch,” Susan Wachter, real estate professor at the University of Pennsylvania’s Wharton School, said in an interview. “Both are realistic pullback responses to the overall economic weakness we’re seeing now as well as the spike in interest rates.”In the past decade, the real estate industry reaped the benefits of the Federal Reserve’s policy of low rates. Homebuyers, taking advantage of record-low borrowing costs, went on a spree that fueled double-digit price gains. Ultra-low rates also drove a refinancing boom that put more money in homeowners’ pockets and spurred the creation of jobs for mortgage brokers, title insurance agents and appraisers.Now, real estate has been among the hardest-hit sectors of the Fed’s campaign to quash inflation by boosting interest rates at the fastest pace in decades.In the housing market, mortgage rates that have doubled this year are sidelining potential buyers and causing sellers to pull back on new listings. A measure of prices hasdroppedfor the last three months, while pending home sales havefallenfor five months in a row. The volume of mortgages with rate locks plunged 61% in October from 2021 levels, according to Black Knight Inc.Commercial real estate is also feeling the sting. Property prices have slumped 13% from a peak this year, according to Green Street’s October price index. The financing environment has become trickier as some big lenders have scaled back, leading property owners such as a Brookfield Asset Management Inc. unit to warn that it might struggle to refinance certain debt.Industry FalloutThe industry fallout has been wide-ranging. Reverse Mortgage Funding, a home lender backed by Starwood Capital Group,filedfor Chapter 11 bankruptcy this week.Layoffs have been widespread. Opendoor Technologies Inc., which pioneered a data-driven spin on home-flipping known as iBuying,laid offabout 18% of its workforce and wrote down the value of its property holdings by $573 million. Brokerage Redfin Corp. went through two rounds of layoffs and shuttered its iBuying business, while competitor Compass Inc. also made deep cuts to its technology teams in a quest for profitability.Layoffs only tell part of the story of the pain. While mortgage firms and real estate technology companies cut costs by firing workers, real estate agents make up a large share of the industry’s workforce. They’re usually considered independent contractors and depend on commissions for a living. They don’t show up in layoff tallies but are also exposed to slowing home sales.“There are hundreds of thousands of real estate agents who are not going to be practicing because people are buying and selling fewer homes,” said Mike DelPrete, a scholar-in-residence at the University of Colorado Boulder. “It’s like a silent culling of the ranks.”Search for YieldWhen interest rates were ultra low, investors turned to commercial real estate as a source for higher yields than they could get by owning Treasuries and other low-risk bonds.That was part of BREIT’s appeal, drawing in high-net-worth clients lured by the 13% annualized returns in one major share class through October. BREIT raked in money to buy apartments and industrial buildings, properties that the private equity firm bet would keep growing in value because demand outstripped supply. People who couldn’t afford to buy a house needed to rent, the reasoning went, and shoppers increasingly buying online drove up the need for warehouse space.“Our business is built on performance, not fund flows, and performance is rock solid,” a Blackstone spokesperson said Thursday after the firm announced the redemption limits.Much of the money withdrawn from BREIT was from overseas, with offshore investors redeeming at eight times the rate of US ones in the past year. Blackstone shares dropped 2.7% Friday to $82.76 at 10:47 a.m., after tumbling 7.1% the day before.Read more about the pressures facing Blackstone’s giant real estate fund for wealthy investors.Commercial-property owners are getting hit with financing challenges after years of paying for deals with cheap loans. Expensive debt haspushedsome borrowers into negative leverage, which means that debt costs are outpacing expected returns. Dealmaking has also frozen, with transaction volume plunging 43% in October from a year earlier, according to MSCI Real Assets.“With the benefits of leverage severely limited and owners who are not being forced to sell, the price expectations gap between sellers and potential buyers has been wide enough to limit deal closings,” Jim Costello, an MSCI economist, wrote in a Nov. 16 report.Despite all the pain points, the housing and commercial real estate industries are in better shape than in some previous downturns, with more tightly underwritten loans and less of a risk of markets being oversupplied.With BREIT, the fund is still outperforming the S&P 500 Index, even as investors increasingly want out. And Thursday’s announced sale of a stake in two Las Vegas hotels is expected to generate roughly $730 million in profit for BREIT shareholders, Bloomberg previously reported.Relative ValueWhat’s changing most drastically across the industry is the relative value of real estate to other investments.Thanks in part to the Federal Reserve’s hiking campaign, investors have other places to earn money that could generate more yield than in years past and tend to be more liquid than commercial real estate, including Treasuries, investment-grade bonds, and mortgage-backed securities.“Real estate is quite cyclical,” Wharton’s Wachter said. “It’s bad for real estate when rates go up and you can get higher yields from Treasuries and other assets.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159004814,"gmtCreate":1624930052938,"gmtModify":1703848148827,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Good stock for wealth building!!!","listText":"Good stock for wealth building!!!","text":"Good stock for wealth building!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/159004814","repostId":"1103992527","repostType":4,"repost":{"id":"1103992527","pubTimestamp":1624873176,"share":"https://www.laohu8.com/m/news/1103992527?lang=&edition=full","pubTime":"2021-06-28 17:39","market":"us","language":"en","title":"7 Growth Stocks to Buy and Hold for a Golden Retirement","url":"https://stock-news.laohu8.com/highlight/detail?id=1103992527","media":"InvestorPlace","summary":"These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growi","content":"<p>These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growing return on investment</p>\n<p>The last thing any retiree would want to do is to sit around and fret about their portfolio. After all, they’ve worked hard to try to enjoy life as a senior and to not worry about their financial position. The best way to solve this problem is a well-rounded portfolio with the right balance of dividend, growth and value stocks. This article specifically focuses on the growth stocks to buy and how they can super-charge your retirement portfolio.</p>\n<p>Growth stocks typically belong to those companies that are growing at an above-average rate in their respective industries. Moreover, these companies are poised to expand over a long-term horizon thanks to their ability to innovate and reinvent themselves. Growth investors look at forward profitability and cash flow metrics when picking out the best growth stocks to buy.</p>\n<p>With that being said, this list below covers seven of the most promising growth stocks to buy, which will deliver returns across several markets.</p>\n<ul>\n <li><b>Cloudflare</b>(NYSE:<b>NET</b>)</li>\n <li><b>Shopify</b>(NYSE:<b>SHOP</b>)</li>\n <li><b>Square</b>(NYSE:<b>SQ</b>)</li>\n <li><b>Snap</b>(NYSE:<b>SNAP</b>)</li>\n <li><b>Alibaba Group</b>(NYSE:<b>BABA</b>)</li>\n <li><b>Etsy</b>(NASDAQ:<b>ETSY</b>)</li>\n <li><b>Roku</b>(NASDAQ:<b>ROKU</b>)</li>\n</ul>\n<p><b>Cloudflare (NET)</b></p>\n<p>Cloudflare has arguably one of the most active companies in the past year, launching more than 550 new products. The cloud platform has been growing rapidly and has expanded its total addressable market to over $70 billion. Additionally, it plans to spread into other profitable areas apart from its traditional content delivery services. Moreover, NET stock’s 12-month returns are at a staggering 180%.</p>\n<p>Earnings in the past year have been nothing short of amazing, with double-digit growth in revenues for the past three quarters. Year-over-year revenue growth is at a healthy 51%, with forward estimates at 42%. &nbsp;As it looks to expand its product suite into large TAM areas such as cybersecurity and MPLS/SD-WAN, it will continue to post strong sales numbers for the foreseeable future.</p>\n<p><b>Shopify (SHOP)</b></p>\n<p>Shopify is a leading merchant platform that has consistently delivered for its long-term investors. With businesses having to close down during the pandemic, Shopify became a beacon of hope for small merchants starting their online businesses. As a result, its year-over-year revenue growth is dumbfounding 99.6%, which dwarfs its competition. Hence, with a wide moat and the ability to constantly evolve more than justifies SHOP stocks lofty valuation.</p>\n<p>2020 was another stellar year for the company, but it looks like it still has multiple chapters to write in its growth story.&nbsp;Its fulfillment center strategy&nbsp;is one of them, giving&nbsp;<b>Amazon</b>(NASDAQ:<b>AMZN</b>) a run for its money. Moreover, its Payments division and international markets are two major catalysts for future growth. The company expects to grow its revenues by $5 billion by 2023 and take a larger bite out of the e-commerce market.</p>\n<p><b>Square (SQ)</b></p>\n<p>Square has turned into a new-age financial services juggernaut. It has posted stellar growth rates, delivering monster quarterly results and outperforming its already high expectations. It continues to expand its distinct ecosystems, which includes its and Seller and Cash App. Both ecosystems exhibit a $160 billion addressable market opportunity collectively. Moreover, SQ stock has generated over 130% returns in the past 12-months.</p>\n<p>The Cash App platform has been a key driver of the company’s growth. Its monthly active users have grown by 50% to&nbsp;over 36 million in 2020.&nbsp; Through its&nbsp;<b>Bitcoin</b>(CCC:<b>BTC-USD</b>)&nbsp; functionalities and the impact of the Cash Card, it creates several monetization opportunities. Additionally, the re-opening of the U.S. and the worldwide economy will propel the stock further as more small and medium-sized enterprises regain their footing.</p>\n<p><b>Snap (SNAP)</b></p>\n<p>Social media giant Snap was in a tough spot a couple of years ago, as its user base stagnated considerably. However, it is now back in the game with improvements in monetization, augmented reality and unique content. Analysts point towards multiple years of double-digit revenue growth ahead, and its high long-term margin structure makes SNAP stock a highly attractive investment.</p>\n<p>Daily Active Users (DAUs) for the company increased on a year-over-year basisin each of the four quarters last year. The trend continued in the first quarter, where its DAUs grew by a healthy 22%.&nbsp; Moreover, revenues in the quarter were up 66%&nbsp;year-over-year to $170 million. It has multiple monetization avenues left to explore, including Maps, Spotlight, Stories and others.&nbsp; Hence, with forward revenue estimates of roughly 50%, the company is in pole position to deliver strong returns for the foreseeable future.</p>\n<p><b>Alibaba Group (BABA)</b></p>\n<p>Chinese e-commerce giant Alibaba has been one of the fastest-growing companies in the past several years. In the past seven years, its business has grown at a spectacular 23.8% CAGR and is still growing at an impressive pace. Year-over-year revenue growth has been at a remarkable 41%, with forward estimates over 35%. Analysts believe that BABA stock could generate over 300% returns in the next five years.</p>\n<p>Alibaba has gone a great job of diversifying its income streams from its traditional retail business. Some of these include cloud computing, entertainment, digital media and others. Cloud computing, in particular, is an area where Alibaba will look to invest heavily in the coming years. The high-margin business will help narrow down its losses and open up new opportunities in adjacent areas.</p>\n<p><b>Etsy (ETSY)</b></p>\n<p>Etsy is an online niche marketplace with a wide and sustainable moat. It has witnessed massive growth during the pandemic, as its revenues increased by triple-digit percentages in the past four quarters. Its gross merchandise value (GMV) and revenues increased by roughly 106% and 111%, respectively, in 2020. Moreover, its EBITDA growth on a year-over-year basis is at a stunning 391%. No wonder ETSY stock has surged over 78% in the past 12 months.</p>\n<p>With last year’s blow-out performance, investors are worried about whether the company can continue its progress. Etsy is expanding its business through some smart acquisitions. It recently acquired&nbsp;<b>Reverb</b>&nbsp;and&nbsp;<b>Depop</b>&nbsp;to expand its music and fashion recommerce expertise. These acquisitions will also facilitate the company’s global outreach.Etsy posted a 141% year-over-year growth&nbsp;in its first quarter, which suggests that it isn’t slowing down anytime soon.</p>\n<p><b>Roku (ROKU)</b></p>\n<p>Streaming giant Roku has been on a roll in the past year, with its revenues and subscribers fueled by the pandemic. It gained an unbelievable 16.7 million new users during the pandemic and now&nbsp;has 53.6 million users. It is likely to achieve a record 65 million users by the conclusion of this year. With strong user monetization and active user growth, ROKU stock could potentially surge to new heights.</p>\n<p>Looking ahead, the company has multiple growth drivers which could push its stock price higher in the future. Its CTV ad segment, in particular, could pay a lot of dividends with the gradual shift from linear to CTV. Moreover, it continues to invest heavily in its content library, with its recent launch of&nbsp;<b>Roku Originals</b>&nbsp;and its acquisition of&nbsp;<b>Saban Films</b>. Hence, it has an incredible growth runway ahead and should continue posting strong top and bottom-line numbers.</p>","source":"lsy1606302653667","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>7 Growth Stocks to Buy and Hold for a Golden Retirement</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\">\n7 Growth Stocks to Buy and Hold for a Golden Retirement\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 17:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/7-great-growth-stocks-to-buy-and-hold-for-a-golden-retirement/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growing return on investment\nThe last thing any retiree would want to do is to sit around and fret about ...</p>\n\n<a href=\"https://investorplace.com/2021/06/7-great-growth-stocks-to-buy-and-hold-for-a-golden-retirement/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETSY":"Etsy, Inc.","SQ":"Block","SNAP":"Snap Inc","SHOP":"Shopify Inc","ROKU":"Roku Inc","NET":"Cloudflare, Inc.","BABA":"阿里巴巴"},"source_url":"https://investorplace.com/2021/06/7-great-growth-stocks-to-buy-and-hold-for-a-golden-retirement/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103992527","content_text":"These growth stocks to buy will add a ton of value to your retirement portfolio by providing a growing return on investment\nThe last thing any retiree would want to do is to sit around and fret about their portfolio. After all, they’ve worked hard to try to enjoy life as a senior and to not worry about their financial position. The best way to solve this problem is a well-rounded portfolio with the right balance of dividend, growth and value stocks. This article specifically focuses on the growth stocks to buy and how they can super-charge your retirement portfolio.\nGrowth stocks typically belong to those companies that are growing at an above-average rate in their respective industries. Moreover, these companies are poised to expand over a long-term horizon thanks to their ability to innovate and reinvent themselves. Growth investors look at forward profitability and cash flow metrics when picking out the best growth stocks to buy.\nWith that being said, this list below covers seven of the most promising growth stocks to buy, which will deliver returns across several markets.\n\nCloudflare(NYSE:NET)\nShopify(NYSE:SHOP)\nSquare(NYSE:SQ)\nSnap(NYSE:SNAP)\nAlibaba Group(NYSE:BABA)\nEtsy(NASDAQ:ETSY)\nRoku(NASDAQ:ROKU)\n\nCloudflare (NET)\nCloudflare has arguably one of the most active companies in the past year, launching more than 550 new products. The cloud platform has been growing rapidly and has expanded its total addressable market to over $70 billion. Additionally, it plans to spread into other profitable areas apart from its traditional content delivery services. Moreover, NET stock’s 12-month returns are at a staggering 180%.\nEarnings in the past year have been nothing short of amazing, with double-digit growth in revenues for the past three quarters. Year-over-year revenue growth is at a healthy 51%, with forward estimates at 42%.  As it looks to expand its product suite into large TAM areas such as cybersecurity and MPLS/SD-WAN, it will continue to post strong sales numbers for the foreseeable future.\nShopify (SHOP)\nShopify is a leading merchant platform that has consistently delivered for its long-term investors. With businesses having to close down during the pandemic, Shopify became a beacon of hope for small merchants starting their online businesses. As a result, its year-over-year revenue growth is dumbfounding 99.6%, which dwarfs its competition. Hence, with a wide moat and the ability to constantly evolve more than justifies SHOP stocks lofty valuation.\n2020 was another stellar year for the company, but it looks like it still has multiple chapters to write in its growth story. Its fulfillment center strategy is one of them, giving Amazon(NASDAQ:AMZN) a run for its money. Moreover, its Payments division and international markets are two major catalysts for future growth. The company expects to grow its revenues by $5 billion by 2023 and take a larger bite out of the e-commerce market.\nSquare (SQ)\nSquare has turned into a new-age financial services juggernaut. It has posted stellar growth rates, delivering monster quarterly results and outperforming its already high expectations. It continues to expand its distinct ecosystems, which includes its and Seller and Cash App. Both ecosystems exhibit a $160 billion addressable market opportunity collectively. Moreover, SQ stock has generated over 130% returns in the past 12-months.\nThe Cash App platform has been a key driver of the company’s growth. Its monthly active users have grown by 50% to over 36 million in 2020.  Through its Bitcoin(CCC:BTC-USD)  functionalities and the impact of the Cash Card, it creates several monetization opportunities. Additionally, the re-opening of the U.S. and the worldwide economy will propel the stock further as more small and medium-sized enterprises regain their footing.\nSnap (SNAP)\nSocial media giant Snap was in a tough spot a couple of years ago, as its user base stagnated considerably. However, it is now back in the game with improvements in monetization, augmented reality and unique content. Analysts point towards multiple years of double-digit revenue growth ahead, and its high long-term margin structure makes SNAP stock a highly attractive investment.\nDaily Active Users (DAUs) for the company increased on a year-over-year basisin each of the four quarters last year. The trend continued in the first quarter, where its DAUs grew by a healthy 22%.  Moreover, revenues in the quarter were up 66% year-over-year to $170 million. It has multiple monetization avenues left to explore, including Maps, Spotlight, Stories and others.  Hence, with forward revenue estimates of roughly 50%, the company is in pole position to deliver strong returns for the foreseeable future.\nAlibaba Group (BABA)\nChinese e-commerce giant Alibaba has been one of the fastest-growing companies in the past several years. In the past seven years, its business has grown at a spectacular 23.8% CAGR and is still growing at an impressive pace. Year-over-year revenue growth has been at a remarkable 41%, with forward estimates over 35%. Analysts believe that BABA stock could generate over 300% returns in the next five years.\nAlibaba has gone a great job of diversifying its income streams from its traditional retail business. Some of these include cloud computing, entertainment, digital media and others. Cloud computing, in particular, is an area where Alibaba will look to invest heavily in the coming years. The high-margin business will help narrow down its losses and open up new opportunities in adjacent areas.\nEtsy (ETSY)\nEtsy is an online niche marketplace with a wide and sustainable moat. It has witnessed massive growth during the pandemic, as its revenues increased by triple-digit percentages in the past four quarters. Its gross merchandise value (GMV) and revenues increased by roughly 106% and 111%, respectively, in 2020. Moreover, its EBITDA growth on a year-over-year basis is at a stunning 391%. No wonder ETSY stock has surged over 78% in the past 12 months.\nWith last year’s blow-out performance, investors are worried about whether the company can continue its progress. Etsy is expanding its business through some smart acquisitions. It recently acquired Reverb and Depop to expand its music and fashion recommerce expertise. These acquisitions will also facilitate the company’s global outreach.Etsy posted a 141% year-over-year growth in its first quarter, which suggests that it isn’t slowing down anytime soon.\nRoku (ROKU)\nStreaming giant Roku has been on a roll in the past year, with its revenues and subscribers fueled by the pandemic. It gained an unbelievable 16.7 million new users during the pandemic and now has 53.6 million users. It is likely to achieve a record 65 million users by the conclusion of this year. With strong user monetization and active user growth, ROKU stock could potentially surge to new heights.\nLooking ahead, the company has multiple growth drivers which could push its stock price higher in the future. Its CTV ad segment, in particular, could pay a lot of dividends with the gradual shift from linear to CTV. Moreover, it continues to invest heavily in its content library, with its recent launch of Roku Originals and its acquisition of Saban Films. Hence, it has an incredible growth runway ahead and should continue posting strong top and bottom-line numbers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964993269,"gmtCreate":1670044859852,"gmtModify":1676538295077,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9964993269","repostId":"1152464265","repostType":4,"repost":{"id":"1152464265","pubTimestamp":1670022054,"share":"https://www.laohu8.com/m/news/1152464265?lang=&edition=full","pubTime":"2022-12-03 07:00","market":"us","language":"en","title":"11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=1152464265","media":"Bloomberg","summary":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Ha","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/cb8b5a354d9d687bd95cdff74dddc508\" tg-width=\"1214\" tg-height=\"811\" width=\"100%\" height=\"auto\"/></p><p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.</p><p>“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.</p><p>This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’s<i>Charging Bull</i>statue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.</p><p>Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)</p><p>“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”</p><p>But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at a<i>New York Times</i>conference and an interview on<i>Good Morning America</i>. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?</p><p><img src=\"https://static.tigerbbs.com/79b2ba9ef6da8454146f200cdc460f6e\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Bankman-Fried after an interview on<i>Bloomberg Wealth With David Rubenstein</i>on Aug. 17, 2022.Photographer: Jeenah Moon/Bloomberg</p><p>He doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.</p><p>It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.</p><p>I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith a<i>Vox</i>reporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” the<i>Vox</i>reporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.</p><p>I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.</p><p>To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messaged<i>Vox</i>, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.</p><p>I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”</p><p>“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”</p><p>That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he got<i>un</i>lucky, or miscalculated the odds.</p><p>Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end of<i>Scarface</i>, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.</p><p>Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.</p><p>The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.</p><p>Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.</p><p>“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”</p><p>The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)</p><p>The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.</p><p>The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”</p><p>“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”</p><p>Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.</p><p>Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.</p><p>That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.</p><p>As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,<i>Reminiscences of a Stock Operator.</i>Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.</p><p>The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.</p><p>Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.</p><p>But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”</p><p>“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”</p><p>Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.</p><p>The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.</p><p>There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)</p><p>When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.</p><p>“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)</p><p>“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”</p><p>“You were all aware there was a chance this would not work,” I say.</p><p>“That’s right,” he says. “But I thought that the risk was substantially smaller.”</p><p>I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.</p><p>“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”</p><p>“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”</p><p>Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.</p><p>“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.</p><p>“So what’s the problem, then?”</p><p>Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.</p><p>“What’s the difference between these two rows here?” he asks.</p><p>“You didn’t have $8 billion in cash that you thought you had,” I say.</p><p>“That’s correct. Yes.”</p><p>“You misplaced $8 billion?” I ask.</p><p>“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.</p><p>That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.</p><p>To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.</p><p>Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.</p><p>It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”</p><p>“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.</p><p>Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.</p><p>With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.</p><p>The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this big<i>Wolf of Wall Street</i>thing,” he said. “Bro, it was a bunch of nerds.”</p><p><img src=\"https://static.tigerbbs.com/b87535c118f069e782e80762398d0a9c\" tg-width=\"1000\" tg-height=\"1000\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Illustration: Maxime Mouysset for Bloomberg Businessweek</p><p>By the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.</p><p>I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.</p><p>I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.</p><p>“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”</p><p>I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”</p><p>Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.</p><p>I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.</p><p>“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”</p><p>“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”</p><p>To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”</p><p>“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”</p><p>“You had a rule on your platform. You didn’t follow it,” I say.</p><p>By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n11 Hours With Sam Bankman-Fried: Inside the Bahamian Penthouse After FTX’s Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.bloomberg.com/news/features/2022-12-02/inside-sam-bankman-fried-s-bahamian-penthouse-after-ftx-s-collapse?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152464265","content_text":"Sam Bankman-Fried’s $30 million Bahamas penthouse looks like a dorm after the students have left for winter break. The dishwasher is full. Towels are piled in the laundry room. Bat streamers from a Halloween party are still hanging from a doorway. Two boxes of Legos sit on the floor of one bedroom. And then there are the shoes—dozens of sneakers and heels piled in the foyer, left behind by employees who fled the island of New Providence last month when his cryptocurrency exchangeFTX imploded.“It’s been an interesting few weeks,” Bankman-Fried says in a chipper tone as he greets me. It’s a muggy Saturday afternoon, eight days after FTX filed for bankruptcy. He’s shoeless, in white gym socks, a red T-shirt and wrinkled khaki shorts. His standard uniform.This isn’t part of the typical tour Bankman-Fried gave to the many reporters who came to tell the tale of the boy-genius-crypto-billionaire who slept on a beanbag chair next to his desk and only got rich so he could give it all away, and it’s easy to see why. The apartment is at the top of one of the luxury condo buildings that border a marina in a gated community called Albany. Outside, deckhands buff the stanchions of a 200-foot yacht owned by a fracking billionaire. A bronze replica of Wall Street’sCharging Bullstatue stands on the lawn, which is as manicured as the residents. I feel like I’ve crash-landed on an alien planet populated solely by the very rich and the people who work for them.Bankman-Fried leads me down a marble-floored hallway to a small bedroom, where he perches on a plush brown couch. Always known for being jittery, he taps his foot so hard it rattles a coffee table, smacks gum and rubs his index finger with his thumb like he’s twirling an invisible fidget spinner. But he seems almost cheerful as he explains why he’s invited me into his 12,000-square-foot bolthole, against the advice of his lawyers, even as investigators from theUS Department of Justice probewhether he used customers’ funds to prop up his hedge fund, a crime that could send him to prison for years. (Spoiler alert: It sure looks like he did.)“What I’m focusing on is what I can do, right now, to try and make things as right as possible,” Bankman-Fried says. “I can’t do that if I’m just focused on covering my ass.”But he seems to be doing just that, with me here and all along the apology tour he’ll later embark on, which will include a video appearance at aNew York Timesconference and an interview onGood Morning America. He’s been trying to blame his firm’s failure on a hazy combination of comically poor bookkeeping, wildly misjudged risks and complete ignorance of what his hedge fund was doing. In other words, an alumnus of both MIT and the elite Wall Street trading firmJane Streetis arguing that he was just dumb with the numbers—not pulling a conscious fraud. Talking in detail to journalists about what’s certain to be the subject of extensive litigation seems like an unusual strategy, but it makes sense: The press helped him create his only-honest-man-in-crypto image, so why not use them to talk his way out of trouble?Bankman-Fried after an interview onBloomberg Wealth With David Rubensteinon Aug. 17, 2022.Photographer: Jeenah Moon/BloombergHe doesn’t say so, but one reason he might be willing to speak with me is that I’m one of the reporters who helped build him up. After spending two days at FTX’s offices in February, I flew past the brightred flagsat his company—its lack of corporate governance, the ties to his Alameda Research hedge fund, its profligate spending on marketing, the fact that it operated largely outside US jurisdiction. Iwrote a storyfocused on whether Bankman-Fried would follow through on his plans to donate huge sums to charity and his connections to an unusual philanthropic movement calledeffective altruism.It wasn’t the most embarrassingly puffy of the many puff pieces that came out about him. (“After my interview with SBF, I was convinced: I was talking to a future trillionaire,” one writer said in an article commissioned by a venture capital firm.) But my tone wasn’t entirely dissimilar. “Bankman-Fried is a thought experiment from a college philosophy seminar come to life,” I wrote. “Should someone who wants to save the world first amass as much money and power as possible, or will the pursuit corrupt him along the way?” Now it seems pretty clear that a better question would’ve been whether the business was ascam from the start.I tell Bankman-Fried I want to talk about the decisions that led to FTX’s collapse, and why he took them. Earlier in the week, inlate-night DM exchangeswith aVoxreporter and on a phone call with a YouTuber, he made comments that many interpreted as an admission that everything he said was a lie. (“So the ethics stuff, mostly a front?” theVoxreporter asked. “Yeah,” Bankman-Fried replied.) He’d spoken so cynically about his motivations that to many it seemed like a comic book character was pulling off his mask to reveal the villain who’d been hiding there all along.I set out on this visit with a different working theory. Maybe I was feeling the tug of my past reporting, but I still didn’t think the talk about charity was all made up. Since he was a teenager, Bankman-Fried has described himself as utilitarian—following the philosophy that the correct action is the one likely to result in the greatest good for the greatest number of people. He said his endgame was making and donating enough money to prevent pandemics and stop runaway artificial intelligence from destroying humanity. Faced with a crisis, and believing he was the hero of his own sci-fi movie, he might’ve thought it was right to make a crazy, even illegal, gamble to save his company.To be clear, if that’s what happened, it’s the logic of a megalomaniac, not a martyr. The money wasn’t his to gamble with, and “the ends justify the means” is a cliché of bad ethics. But if it’s what he believed, he might still think he’d made the right decision, even if it didn’t work out. It seemed to me that’s what he meant when he messagedVox, “The worst quadrant is sketchy + lose. The best is win + ???” I want to probe that, in part because it might get him to talk more candidly about what had happened to his customers’ money.I decide to approach the topic gingerly, on terms I think he’ll relate to, as it seems he’s in less of a crime-confess-y mood. He’s said he likes to evaluate decisions in terms of expected value—the odds of success times the likely payoff—so I begin by asking: “Should I judge you by your impact, or by the expected value of your decision?”“When all is said and done, what matters is your actual realized impact. Like, that’s what actually matters to the world,” he says. “But, obviously, there’s luck.”That’s the in I’m looking for. For the next 11 hours—with breaks for fundraising calls and a very awkward dinner—I try to get him to tell me exactly what he meant. He denies that he’s committed fraud or lied to anyone and blames FTX’s failure on his sloppiness and inattention. But at points it seems like he’s saying he gotunlucky, or miscalculated the odds.Bankman-Fried tells me he’s still got a chance to raise $8 billion to save his company. He seems delusional, or committed to pretending this is still an error he can fix, and either way, the few supporters remaining at his penthouse seem unlikely to set him straight. The grim scene reminds me a bit of the end ofScarface, with Tony Montana holed up in his mansion, semi-incoherent, his unknown enemies sneaking closer. But instead of mountains of cocaine, Bankman-Fried is clinging to spreadsheet tabs filled with wildly optimistic cryptocurrency valuations.Think of FTX like an offshore casino. Customers sent in money, then gambled on the price of hundreds ofcryptocurrencies—not just Bitcoin or Ether, but more obscure coins. In crypto slang, the latter are called shitcoins, because almost no one knows what they’re for. But in the past few years, otherwise respectable people, from retired dentists to heads of state, convinced themselves that these coins werethe future of finance. Or at least that enough other people might think so to make the price go up. Bankman-Fried’s casino was growing so fast that earlier this year some of Silicon Valley’s top venture capitalists invested in it at a $32 billion valuation.The problem surfaced last month. After a rival crypto-casino kingpin raised concerns about FTX on Twitter, customers rushed to cash in their chips. But when Bankman-Fried’s casino opened the vault, their money wasn’t there. According to multiple news reports citing people familiar with the matter, it had been secretly lent to Bankman-Fried’s hedge fund, which had lost it in some mix of bad bets, insane spending and perhaps something even sketchier. John Ray III, the lawyer who’s now chief executive officer of the bankrupt exchange, has alleged in court that FTX covered up the loans using secret software.Bankman-Fried denies this again to me. Returning to the framework of expected value, I ask him if the decisions he made were correct.“I think that I’ve made a lot of plus-EV decisions and a few very large boneheaded decisions,” he says. “Certainly in retrospect, those very large decisions were very bad, and may end up overwhelming everything else.”The chain of events, in his telling, started about four years ago. Bankman-Fried was in Hong Kong, where he’d moved from Berkeley, California, with a small group of friends from the effective-altruism community. Together they ran a successful startup crypto hedge fund,Alameda Research. (The name itself was an early example of his casual attitude toward rules—it was chosen to avoid scrutiny from banks, which frequently closed its accounts. “If we named our company like, Shitcoin Daytraders Inc., they’d probably just reject us,” Bankman-Fried told a podcaster in 2021. “But, I mean, no one doesn’t like research.”)The fund had made millions of dollars exploiting inefficiencies across cryptocurrency exchanges. (Ex-employees, even those otherwise critical of Bankman-Fried, have said this is true, though some have said Alameda then lost some of that money because of bad trades and mismanagement.) Bankman-Fried and his friends began considering starting their own exchange—what would become FTX.The way Bankman-Fried later described this decision reveals his attitude toward risk. He estimated there was an 80% chance the exchange would fail to attract enough customers. But he’s said one should always take a bet, even a long-shot one, if the expected value is positive, calling this stance “risk neutral.” But it actually meant he would take risks that to a normal person sound insane. “As an individual, to make a bet where it’s like, ‘I’m going to gamble my $10 billion and either get $20 billion or $0, with equal probability,’ would be madness,” Rob Wiblin, host of an effective-altruism podcast, said to Bankman-Fried in April. “But from an altruistic point of view, it’s not so crazy.”“Completely agree,” Bankman-Fried replied. He told another interviewer that he’d make a bet described as a chance of “51% you double the earth out somewhere else, 49% it all disappears.”Bankman-Fried and his friends jump-started FTX by having Alameda provide liquidity. It was a huge conflict of interest. Imagine if the top executives at an online poker site also entered its high-stakes tournaments—the temptation to cheat by peeking at other players’ cards would be huge. But Bankman-Fried assured customers that Alameda would play by the same rules as everyone else, and enough people came to trade that FTX took off. “Having Alameda provide liquidity on FTX early on was the right decision, because I think that helped make FTX a great product for users, even though it obviously ended up backfiring,” Bankman-Fried tells me.Part of FTX’s appeal was that it was mostly a derivatives exchange, which allowed customers to trade “on margin,” meaning with borrowed money. That’s a key to his defense. Bankman-Fried argues no one should be surprised that big traders on FTX, including Alameda, were borrowing from the exchange, and that his fund’s position just somehow got out of hand. “Everyone was borrowing and lending,” he says. “That’s been its calling card.” But FTX’s normal margin system, crypto traders tell me, would never have permitted anyone to accumulate a debt that looked like Alameda’s. When I ask if Alameda had to follow the same margin rules as other traders, he admits the fund did not. “There was more leeway,” he says.That wouldn’t have been so important had Alameda stuck to its original trading strategy of relatively low-risk arbitrage trades. But in 2020 and 2021, as Bankman-Fried became the face of FTX, amajor political donorand a favorite of Silicon Valley, Alameda faced more competition in that market-making business. It shifted its strategy to, essentially, gambling on shitcoins.As Caroline Ellison, then Alameda’s co-CEO, explained in aMarch 2021 post on Twitter: “The way to really make money is figure out when the market is going to go up and get balls long before that,” she wrote, adding that she’d learned the strategy from the classic market-manipulation memoir,Reminiscences of a Stock Operator.Her co-CEO said in another tweet that a profitable strategy was buying Dogecoin becauseElon Musktweeted about it.The reason they were bragging about what sounded like a high schooler’s tactics was that it was working better than anyone knew. When we spoke in February 2022, Bankman-Fried told me that Alameda had made $1 billion the previous year. He now says that was Alameda’s arbitrage profits. On top of that, its shitcoins gained tens of billions of dollars of value, at least on paper. “If you mark everything to market, I do believe at one point my net worth got to $100 billion,” Bankman-Fried says.Any trader would know this wasn’t nearly as good as it sounded. The large pile of tokens couldn’t be turned into cash without crashing the market. Much of it was even made of tokens that Bankman-Fried and his friends had spun up themselves, such as FTT, Serum or Maps—the official currency of a nonsensical crypto-meets-mapping app—or were closely affiliated with, like Solana. While Bankman-Fried acknowledges the pile was worth something less than $100 billion—maybe he’d mark it down a third, he says—he maintains that he could have extracted quite a lot of real money from his holdings.But he didn’t. Instead, Alameda borrowed billions of dollars from other crypto lenders—not FTX—and sunk them into more crypto bets. Publicly, Bankman-Fried presented himself as an ethical operator andcalled for regulationto rein in crypto’s worst excesses. But through his hedge fund, he’d actually become the market’s most degenerate gambler. I ask him why, if he really thought he could sell the tokens, he didn’t. “Why not, like, take some risk off?”“OK. In retrospect, absolutely. That would’ve been the right, like, unambiguously the right thing to do,” he says. “But also it was just, like, hilariously well-capitalized.”Near the peak of the great shitcoin boom, in April 2022, FTX hosted a lavish conference at a resort and casino in Nassau. It was Bankman-Fried’s coming out party. He got to share the stage with quarterback Tom Brady. Also there: former Prime Minister Tony Blair and ex-President Bill Clinton, who extended a fatherly hand when the young crypto executive seemed nervous. The author Michael Lewis, who’s working on a book about Bankman-Fried, praised him in a fawning interview onstage. “You’re breaking land speed records. And I don’t think people are really noticing what’s happened, just how dramatic the revolution has become,” Lewis said, asking when crypto would take over Wall Street.The next month, thecrypto crash began. It started when a popular set of coins called Terra and Luna collapsed, wiping out $60 billion. Terra and Luna were almost openly a Ponzi scheme, but some of the biggest crypto funds had invested in them with borrowed money and went bankrupt. This made the lenders who’d lent billions of dollars to Alameda nervous. They asked Alameda to repay the loans, with real money. It needed billions of dollars, fast, or it would go bust.There are two different versions of what happened next. Two people with knowledge of the matter told me that Ellison, by then the sole head of Alameda, had told her side of the story to her staff amid the crisis. Ellison said that she, Bankman-Fried and his two top lieutenants—Gary Wang and Nishad Singh—had discussed the shortfall. Instead of admitting Alameda’s failure, they decided to use FTX customer funds to cover it, according to the people. If that’s true, all four executives would’ve knowingly committed fraud. (Ellison, Wang and Singh didn’t respond to messages seeking comment.)When I put this to Bankman-Fried, he screws up his eyes, furrows his eyebrows, puts his hands in his hair and thinks for a few seconds.“So, it’s not how I remember what happened,” Bankman-Fried says. But he surprises me by acknowledging that there had been a meeting, post-Luna crash, where they debated what to do about Alameda’s debts. The way he tells it, he was packing for a trip to DC and “only kibitzing on parts of the discussion.” It didn’t seem like a crisis, he says. It was a matter of extending a bit more credit to a fund that already traded on margin and still had a pile of collateral worth way more than enough to cover the loan. (Although the pile of collateral was largely shitcoins.)“That was the point at which Alameda’s margin position on FTX got, well, it got more leveraged substantially,” he says. “Obviously, in retrospect, we should’ve just said no. I sort of didn’t realize then how large the position had gotten.”“You were all aware there was a chance this would not work,” I say.“That’s right,” he says. “But I thought that the risk was substantially smaller.”I try to imagine what he could’ve been thinking. If FTX had liquidated Alameda’s position, the fund would’ve gone bankrupt, and even if the exchange didn’t take direct losses, customers would’ve lost confidence in it. Bankman-Fried points out that the companies that lent money to Alameda might have failed, too, causing a hard-to-predict cascade of events.“Now let’s say you don’t margin call Alameda,” I posit. “Maybe you think there’s like a 70% chance everything will be OK, it’ll all work out?”“Yes, but also in the cases where it didn’t work out, I thought the downside was not nearly as high as it was,” he says. “I thought that there was the risk of a much smaller hole. I thought it was going to be manageable.”Bankman-Fried pulls out his laptop (an Acer Predator) and opens a spreadsheet to show what he meant. It’s similar to thebalance sheethe reportedly showed investors when he was seeking a last-minute bailout, which he says consolidated FTX and Alameda’s positions because by then the fund had defaulted on its debt. On one line—labeled “What I *thought*”—he lists $8.9 billion in debts and way more than enough money to pay them: $9 billion in liquid assets, $15.4 billion in “less liquid” assets and $3.2 billion in “illiquid” ones. He tells me this was more or less the position he was considering when he had the meeting with the other executives.“It looks naively to me like, you know, there’s still some significant liabilities out there, but, like, we should be able to cover it,” he says.“So what’s the problem, then?”Bankman-Fried points to another place on the spreadsheet, which he says shows the actual truth of the situation at the time of the meeting. This one shows similar numbers, but with $8 billion less liquid assets.“What’s the difference between these two rows here?” he asks.“You didn’t have $8 billion in cash that you thought you had,” I say.“That’s correct. Yes.”“You misplaced $8 billion?” I ask.“Misaccounted,” Bankman-Fried says, sounding almost proud of his explanation. Sometimes, he says, customers would wire money to Alameda Research instead of sending it directly to FTX. (Some banks were more willing to work with the hedge fund than the exchange, for some reason.) He claims that somehow, FTX’s internal accounting system double-counted this money, essentially crediting it to both the exchange and the fund.That still doesn’t explain why the money was gone. “Where did the $8 billion go?” I ask.To answer, Bankman-Fried creates a new tab on the spreadsheet and starts typing. He lists Alameda and FTX’s biggest cash flows. One of the biggest expenses is paying a net $2.5 billion toBinance, a rival, to buy out its investment in FTX. He also lists $250 million for real estate, $1.5 billion for expenses, $4 billion for venture capital investments, $1.5 billion for acquisitions and $1 billion labeled “fuckups.” Even accounting for both firms’ profits, and all the venture capital money raised by FTX, it tallies to negative $6.5 billion.Bankman-Fried is telling me that the billions of dollars customers wired to Alameda is gone simply because the companies spent way more than they made. He claims he paid so little attention to his expenses that he didn’t realize he was spending more than he was taking in. “I was real lazy about this mental math,” the former physics major says. He creates another column in his spreadsheet and types in much lower numbers to show what he thought he was spending at the time.It seems to me like he is, without saying it exactly, blaming his underlings for FTX’s failure, especially Ellison, the head of Alameda. The two had dated and lived together at times. She was part of Bankman-Fried’s Future Fund, which was supposed to distribute FTX and Alameda’s earnings to effective-altruist-approved causes. It seems unlikely she would’ve blown billions of dollars without asking. “People might take, like, the TLDR as, like, it was my ex-girlfriend’s fault,” I tell him. “That is sort of what you’re saying.”“I think the biggest failure was that it wasn’t entirely clear whose fault it was,” he says.Bankman-Fried tells me he has to make a call. After a while, the sun goes down and I’m hungry. I’m allowed to join a group of Bankman-Fried’s supporters for dinner, as long as I don’t mention their names.With the curtains drawn, the living room looks considerably less grand than it does in pictures. I’ve been told that FTX employees gathered here amid the crisis, while Bankman-Fried worked in another apartment. Addled by stress and sleep deprivation, they wept and hugged one another. Most didn’t say goodbye as they left the island, one by one. Many flew back to their childhood homes to be with their parents.The supporters at the dinner tell me they feel like the press has been unfair. They say that Bankman-Fried and his friends weren’t the polyamorous partiers the tabloids have portrayed and that they did little besides work. Earlier in the week, a Bahamian man who’d served as FTX’s round-the-clock chauffeur and gofer also told me the reports weren’t true. “People make it seem like this bigWolf of Wall Streetthing,” he said. “Bro, it was a bunch of nerds.”Illustration: Maxime Mouysset for Bloomberg BusinessweekBy the time I finish my plate of off-the-record rice and beans, Bankman-Fried is free again. We return to the study. He’s barefoot now, having balled up his gym socks and stuffed them behind a couch cushion. He lies on the couch, his computer on his lap. The light from the screen casts shadows of his curls on his forehead.I notice a skin-colored patch on his arm. He tells me it’s a transdermal antidepressant, selegiline. I ask if he’s using it as a performance enhancer or to treat depression. “Nothing’s binary,” he says. “But I’ve been borderline depressed for my whole life.” He adds that he also sometimes takes Adderall—“10 milligrams at a time, a few times a day”—as did some of his colleagues, but that talk of drug use is overblown. “I don’t think that was the problem,” he says.I tell Bankman-Fried my theory about his motivation, sidestepping the question of whether he misappropriated customer funds. Bankman-Fried denies that his world-saving goals made him willing to take giant gambles. As we talk more, it seems like he’s saying he made some kind of bet but hadn’t calculated the expected value properly.“I was comfortable taking the risk that, like, I may end up kind of falling flat,” he says, staring at his computer screen, where he had pulled up a game and was leading an army of cartoon knights and fairies into battle. “But what actually happened was disastrously bad and, like, no significant chance of that happening would’ve made sense to risk, and that was a fuckup. Like, that was a mass miscalculation in downside.”I read Bankman-Fried a post by Will MacAskill, one of the founders of the effective-altruism movement. He recruited Bankman-Fried into it when he was a junior at MIT and this year had joined the board of Bankman-Fried’s Future Fund. On Nov. 11,MacAskill wrote on Twitterthat Bankman-Fried had betrayed him. “For years, the EA community has emphasized the importance of integrity, honesty and the respect of common-sense moral constraints,” MacAskill wrote. “If customer funds were misused, then Sam did not listen; he must have thought he was above such considerations.”Bankman-Fried closes his eyes and pushes his toes against one arm of the couch, clenching the other arm with his hands. “That’s not how I view what happened,” he says. “But I did fuck up. I think really what I want to say is, like, I’m really fucking sorry. By far the worst thing about this is that it will tarnish the reputation of people who are dedicated to doing nothing but what they thought was best for the world.” Bankman-Fried trails off. On his computer screen, his army casts spells and swings swords unattended.I ask what he’d say to people who are comparing him to the most famous Ponzi schemer of recent times. “Bernie Madoff also said he had good intentions and gave a lot to charity,” I say.“FTX was a legitimate, profitable, thriving business. And I fucked up by, like, allowing a margin position to get too big on it. One that endangered the platform. It was a completely unnecessary and unforced error, which like maybe I got super unlucky on, but, like, that was my bad.”“It fucking sucks,” he adds. “But it wasn’t inherent to what the business was. It was just a fuckup. A huge fuckup.”To me, it doesn’t really seem like a fuckup. Even if I believe that he misplaced and accidentally spent $8 billion, he’s already told me that Alameda had been allowed to violate FTX’s margin rules. This wasn’t some little technical thing. He was so proud of FTX’s margining system that he’d been lobbying regulators for it to be used on US exchanges instead of traditional safeguards. In May, Bankman-Fried himself said on Twitter that exchanges should never extend credit to a fund and put other customers’ assets at risk. He wrote that the idea an exchange would even have that discretion was “scary.” I read him the tweets and ask: “Isn’t that, like, exactly what you did, right around that time?”“Yeah, I guess that’s kind of fair,” he says. Then he seems to claim that this was evidence the rules he was lobbying for were a good idea. “I think this is one of the things that would have stopped.”“You had a rule on your platform. You didn’t follow it,” I say.By now it’s past midnight, and—operating without the benefit of any prescription stimulants—I’m worn out. I ask Bankman-Fried if I can see the apartment’s deck before I leave. Outside, crickets chirp as we stand by the pool. The marina is dark, lit only by the spotlights of yachts. As I say goodbye, Bankman-Fried bites into a burger bun and starts talking about potential bailouts with one of his supporters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149319961,"gmtCreate":1625704642453,"gmtModify":1703746670907,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/149319961","repostId":"1176865752","repostType":4,"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9040906346,"gmtCreate":1655599428185,"gmtModify":1676535667440,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9040906346","repostId":"2244108696","repostType":4,"repost":{"id":"2244108696","pubTimestamp":1655599329,"share":"https://www.laohu8.com/m/news/2244108696?lang=&edition=full","pubTime":"2022-06-19 08:42","market":"us","language":"en","title":"Nasdaq Bear Market: 4 Remarkable Growth Stocks You'll Regret Not Buying on the Dip","url":"https://stock-news.laohu8.com/highlight/detail?id=2244108696","media":"Motley Fool","summary":"These fast-paced companies are ripe for the picking following a peak decline of 33% for the Nasdaq.","content":"<html><head></head><body><p>This year has offered a not-so-subtle reminder to Wall Street and the investing community that stocks don&#39;t move upward in a straight line. Since hitting their all-time closing highs, the widely followed <b>Dow Jones Industrial Average</b>, benchmark <b>S&amp;P 500</b>, and growth stock-fueled <b>Nasdaq Composite</b> (^IXIC 1.43%) have respectively tumbled by 17%, 22%, and 33%. These moves squarely put the S&amp;P 500 and Nasdaq in a bear market.</p><p>There&#39;s no question that the velocity and unpredictability of downward moves during a bear market can weigh on investors&#39; psyche. However, it&#39;s important to note that every notable decline in the major U.S. indexes, including the Nasdaq Composite, has eventually been cleared away by a bull market. This makes corrections and bear markets the opportune time to put your money to work.</p><p><img src=\"https://static.tigerbbs.com/bfa6ff2b91c8f20bca964751a738928f\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>With the Nasdaq tumbling, a number of innovative growth stocks now look like incredible deals. What follows are four remarkable growth stocks you&#39;ll regret not buying on the dip.</p><h2><a href=\"https://laohu8.com/S/SQ\">Block</a></h2><p>The first exceptionally innovative company investors can confidently buy during the Nasdaq bear market decline is fintech stock <b>Block</b> (SQ 1.74%), the company formerly known as Square. Although cryptocurrency weakness could hurt <b>Bitcoin</b> trading revenue in the near term, and high inflation is bad news for low-income consumers, there are more than enough long-term catalysts for Block to deliver jaw-dropping growth.</p><p>For more than a decade, the company&#39;s foundation has been its seller ecosystem, commonly referred to as the &#34;Square ecosystem.&#34; This is the segment that provides point-of-sale solutions, loans, and analytics to businesses to help them succeed. In 2012, just $6.5 billion in gross payment volume (GPV) was processed by the Square ecosystem. But based on the $39.5 billion in GPV in during the first quarter of 2022, the Square ecosystem is on pace for $158 billion in annual GPV.</p><p>What&#39;s particularly interesting about the seller ecosystem is that it&#39;s attracting bigger businesses that have higher annualized GPVs. Since this is predominantly a fee-driven operating segment, bigger business should lead to higher gross profit.</p><p>The other key for Block is digital peer-to-peer payment platform Cash App. In the four years between the end of 2017 and end of 2021, the number of monthly transacting users on Cash App soared from 7 million to north of 44 million. With the recent acquisition of buy now, pay later company Afterpay, Block has the ability to create a closed-loop payment network with its Square ecosystem.</p><h2>Airbnb</h2><p>A second remarkable growth stock that you&#39;ll be kicking yourself if you don&#39;t buy on this Nasdaq bear market decline is travel and hosting company <b>Airbnb</b> (ABNB 6.68%). Even with recession fears rising and inflation biting consumers&#39; wallets hard in the short term, Airbnb has &#34;industry disruptor&#34; written all over it.</p><p>To begin with, Airbnb is unquestionably a popular alternative to traditional hotels. The Airbnb marketplace provides abundant choice, with properties that often provide a lower cost and added privacy, compared to staying in a hotel in or near a major city. In 2016, the entire platform recognized 52 million total nights and experiences booked. In just the first quarter of 2022, Airbnb practically doubled this figure, with 102.1 million nights and experiences booked.</p><p>Arguably the most exciting thing about Airbnb is that long-term stays are its fastest-growing category. A &#34;long-term stay&#34; is defined as a booking of 28 or more days. In the wake of the pandemic, we&#39;ve witnessed workforces becoming more mobile. These remote workers seem to be Airbnb&#39;s key to sustainably growing its hosting marketplace.</p><p>Additionally, the company wants a larger piece of the $8 trillion travel industry pie. Airbnb&#39;s &#34;experiences&#34; segment is working with local experts to lead travelers on adventures, and is likely just scratching the surface with regard to its partnership potential.</p><p><img src=\"https://static.tigerbbs.com/1250c39a18ffc461acf59040018e7def\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><h2>Intuitive Surgical</h2><p>Another sensational growth stock investors would be wise to scoop up on the Nasdaq bear market dip is robotic-assisted surgical system developer <b>Intuitive Surgical</b> (ISRG 0.72%).</p><p>One reason for investors to trust Intuitive Surgical over the long haul is its market dominance. When the first quarter came to a close, the company had 6,920 of its da Vinci surgical systems installed in hospitals and surgical centers worldwide. This number may not sound like a lot, but it&#39;s <i>many</i> times higher than those of its closest competitors. What&#39;s more, these systems are costly ($0.5 million to $2.5 million) and the training for them is time-consuming. In other words, da Vinci buyers tend to remain clients for a long time.</p><p>Intuitive Surgical&#39;s razor-and-blades operating model is also designed to emphasize operating-margin growth over time. During the 2000s, most of the company&#39;s sales originated from selling its pricey, but generally low-margin, da Vinci systems. Nowadays, instruments sold with each procedure and system servicing account for the lion&#39;s share of total sales. These are higher-margin operating segments. As the company&#39;s installed base of systems grows, profits should increase at an even faster pace.</p><p>There&#39;s also a long runway for da Vinci to become a standard of care in the operating room. While it&#39;s already a leader in urology and gynecology procedures, there&#39;s plenty of room for expansion in colorectal, thoracic, and general soft-tissue surgical procedures.</p><h2>Upstart Holdings</h2><p>A fourth and final remarkable growth stock that you&#39;ll regret not buying on the dip is cloud-based lending platform <b>Upstart Holdings</b> (UPST 9.54%). Even though Wall Street is leery of the unproven Upstart as interest rates rise and fears of a U.S. recession grow, there are multiple aspects of the company&#39;s operating model that suggest it could thrive.</p><p>Perhaps the biggest differentiator for Upstart is its artificial intelligence (AI)-powered lending platform. Rather than relying on the same vetting process for loans that financial institutions have leaned on for decades, Upstart uses AI. This led to 74% of all loans on its platform being fully automated during the first quarter. Automation ultimately saves financial institutions time and money.</p><p>To build on this point, Upstart&#39;s AI-fueled lending platform is opening up opportunities for previously underbanked people. Although the average credit score of Upstart&#39;s approvals has been below the average credit score of approvals in the traditional vetting process, there&#39;s been no discernible difference in delinquency rates. Even if interest rates continue to rise rapidly, this distinction makes it more likely that financial institutions will turn to Upstart for its AI-based loan-vetting platform.</p><p>As if this weren&#39;t enough to get excited about, Upstart has also moved beyond the personal loan arena and into the auto loan origination market. The auto loan market was recently a $751 billion opportunity -- or about 6.7 times more than the personal loan market Upstart has catered to since its inception.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq Bear Market: 4 Remarkable Growth Stocks You'll Regret Not Buying on the Dip</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq Bear Market: 4 Remarkable Growth Stocks You'll Regret Not Buying on the Dip\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-19 08:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/18/nasdaq-bear-market-4-growth-stocks-regret-not-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This year has offered a not-so-subtle reminder to Wall Street and the investing community that stocks don't move upward in a straight line. Since hitting their all-time closing highs, the widely ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/18/nasdaq-bear-market-4-growth-stocks-regret-not-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4528":"SaaS概念","AI":"C3.ai, Inc.","BK4106":"数据处理与外包服务","UPST":"Upstart Holdings, Inc.","BK4023":"应用软件","BK4554":"元宇宙及AR概念","BK4534":"瑞士信贷持仓","SQ":"Block","BK4566":"资本集团","BK4535":"淡马锡持仓","BK4082":"医疗保健设备","ABNB":"爱彼迎","ISRG":"直觉外科公司","BK4543":"AI","BK4166":"消费信贷","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4505":"高瓴资本持仓","BK4581":"高盛持仓","BK4504":"桥水持仓","BK4142":"酒店、度假村与豪华游轮","BK4548":"巴美列捷福持仓"},"source_url":"https://www.fool.com/investing/2022/06/18/nasdaq-bear-market-4-growth-stocks-regret-not-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2244108696","content_text":"This year has offered a not-so-subtle reminder to Wall Street and the investing community that stocks don't move upward in a straight line. Since hitting their all-time closing highs, the widely followed Dow Jones Industrial Average, benchmark S&P 500, and growth stock-fueled Nasdaq Composite (^IXIC 1.43%) have respectively tumbled by 17%, 22%, and 33%. These moves squarely put the S&P 500 and Nasdaq in a bear market.There's no question that the velocity and unpredictability of downward moves during a bear market can weigh on investors' psyche. However, it's important to note that every notable decline in the major U.S. indexes, including the Nasdaq Composite, has eventually been cleared away by a bull market. This makes corrections and bear markets the opportune time to put your money to work.With the Nasdaq tumbling, a number of innovative growth stocks now look like incredible deals. What follows are four remarkable growth stocks you'll regret not buying on the dip.BlockThe first exceptionally innovative company investors can confidently buy during the Nasdaq bear market decline is fintech stock Block (SQ 1.74%), the company formerly known as Square. Although cryptocurrency weakness could hurt Bitcoin trading revenue in the near term, and high inflation is bad news for low-income consumers, there are more than enough long-term catalysts for Block to deliver jaw-dropping growth.For more than a decade, the company's foundation has been its seller ecosystem, commonly referred to as the \"Square ecosystem.\" This is the segment that provides point-of-sale solutions, loans, and analytics to businesses to help them succeed. In 2012, just $6.5 billion in gross payment volume (GPV) was processed by the Square ecosystem. But based on the $39.5 billion in GPV in during the first quarter of 2022, the Square ecosystem is on pace for $158 billion in annual GPV.What's particularly interesting about the seller ecosystem is that it's attracting bigger businesses that have higher annualized GPVs. Since this is predominantly a fee-driven operating segment, bigger business should lead to higher gross profit.The other key for Block is digital peer-to-peer payment platform Cash App. In the four years between the end of 2017 and end of 2021, the number of monthly transacting users on Cash App soared from 7 million to north of 44 million. With the recent acquisition of buy now, pay later company Afterpay, Block has the ability to create a closed-loop payment network with its Square ecosystem.AirbnbA second remarkable growth stock that you'll be kicking yourself if you don't buy on this Nasdaq bear market decline is travel and hosting company Airbnb (ABNB 6.68%). Even with recession fears rising and inflation biting consumers' wallets hard in the short term, Airbnb has \"industry disruptor\" written all over it.To begin with, Airbnb is unquestionably a popular alternative to traditional hotels. The Airbnb marketplace provides abundant choice, with properties that often provide a lower cost and added privacy, compared to staying in a hotel in or near a major city. In 2016, the entire platform recognized 52 million total nights and experiences booked. In just the first quarter of 2022, Airbnb practically doubled this figure, with 102.1 million nights and experiences booked.Arguably the most exciting thing about Airbnb is that long-term stays are its fastest-growing category. A \"long-term stay\" is defined as a booking of 28 or more days. In the wake of the pandemic, we've witnessed workforces becoming more mobile. These remote workers seem to be Airbnb's key to sustainably growing its hosting marketplace.Additionally, the company wants a larger piece of the $8 trillion travel industry pie. Airbnb's \"experiences\" segment is working with local experts to lead travelers on adventures, and is likely just scratching the surface with regard to its partnership potential.Image source: Getty Images.Intuitive SurgicalAnother sensational growth stock investors would be wise to scoop up on the Nasdaq bear market dip is robotic-assisted surgical system developer Intuitive Surgical (ISRG 0.72%).One reason for investors to trust Intuitive Surgical over the long haul is its market dominance. When the first quarter came to a close, the company had 6,920 of its da Vinci surgical systems installed in hospitals and surgical centers worldwide. This number may not sound like a lot, but it's many times higher than those of its closest competitors. What's more, these systems are costly ($0.5 million to $2.5 million) and the training for them is time-consuming. In other words, da Vinci buyers tend to remain clients for a long time.Intuitive Surgical's razor-and-blades operating model is also designed to emphasize operating-margin growth over time. During the 2000s, most of the company's sales originated from selling its pricey, but generally low-margin, da Vinci systems. Nowadays, instruments sold with each procedure and system servicing account for the lion's share of total sales. These are higher-margin operating segments. As the company's installed base of systems grows, profits should increase at an even faster pace.There's also a long runway for da Vinci to become a standard of care in the operating room. While it's already a leader in urology and gynecology procedures, there's plenty of room for expansion in colorectal, thoracic, and general soft-tissue surgical procedures.Upstart HoldingsA fourth and final remarkable growth stock that you'll regret not buying on the dip is cloud-based lending platform Upstart Holdings (UPST 9.54%). Even though Wall Street is leery of the unproven Upstart as interest rates rise and fears of a U.S. recession grow, there are multiple aspects of the company's operating model that suggest it could thrive.Perhaps the biggest differentiator for Upstart is its artificial intelligence (AI)-powered lending platform. Rather than relying on the same vetting process for loans that financial institutions have leaned on for decades, Upstart uses AI. This led to 74% of all loans on its platform being fully automated during the first quarter. Automation ultimately saves financial institutions time and money.To build on this point, Upstart's AI-fueled lending platform is opening up opportunities for previously underbanked people. Although the average credit score of Upstart's approvals has been below the average credit score of approvals in the traditional vetting process, there's been no discernible difference in delinquency rates. Even if interest rates continue to rise rapidly, this distinction makes it more likely that financial institutions will turn to Upstart for its AI-based loan-vetting platform.As if this weren't enough to get excited about, Upstart has also moved beyond the personal loan arena and into the auto loan origination market. The auto loan market was recently a $751 billion opportunity -- or about 6.7 times more than the personal loan market Upstart has catered to since its inception.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9927918631,"gmtCreate":1672368459823,"gmtModify":1676538680093,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9927918631","repostId":"1145816205","repostType":4,"repost":{"id":"1145816205","pubTimestamp":1672365630,"share":"https://www.laohu8.com/m/news/1145816205?lang=&edition=full","pubTime":"2022-12-30 10:00","market":"us","language":"en","title":"Retail Investors Took a Beating in 2022. Will It Continue in 2023?","url":"https://stock-news.laohu8.com/highlight/detail?id=1145816205","media":"Bloomberg","summary":"Individual traders’ portfolios slumped this year as economic turmoil reverberated from Wall Street t","content":"<html><head></head><body><p>Individual traders’ portfolios slumped this year as economic turmoil reverberated from Wall Street to Main Street.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/793c150da15dc4cba7b5c08f63fc2555\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Photographer: Xavier Lorenzo/Moment RF/Getty Images</span></p><p>The era of easy returns came to a screeching halt in 2022.</p><p>Stocks were hammered with the S&amp;P 500 on track for its worst annual performance since 2008, bonds failed to protect anyone’s portfolios, property markets tumbled and crypto crashed, wiping out an estimated $1.5 trillion in market value alone, according to CoinGecko.</p><p>The turmoil triggered by inflation and rising interest rates sent retail investors scrambling for places to put their money. Cash, it turns out, wasn’t trash, while an obscure government bond became one of the unlikeliest and hottest investments, even if you had to navigate awful technology to get there.</p><p>Here are the best and worst investments of 2022, and some ideas on where to put your money in 2023.</p><h2>Cash</h2><p>Wall Street investors put trillions into money market funds and ultra-short bonds. Meanwhile, consumers hoping to get the most bang for their buck have turned to certificates of deposit and high-yield savings accounts like Goldman Sachs’ Marcus that are offering some of the highest annual percentage yields in years.</p><p>“For a lot of investors, there hasn’t been an opportunity to make money on cash,” said Jeremy Gonsalves, national portfolio director at BNY Mellon Wealth Management. “But now there are attractive returns on everything from Treasury yields to certificates of deposits that we haven’t seen in some time.”</p><h2>I Bonds</h2><p>US Series I savings bonds were an unlikely star in 2022, offering low-risk, inflation-adjusted yields. Sales of the humble securities hit nearly $7 billion in the month of October alone — about seven times more than were sold in all of 2021 — as investors raced to take advantage of a record 9.62% yield.</p><p>While the interest rate on I bonds has dropped from its high, financial advisors say they may still be an attractive option for those looking to invest money they don’t need immediately.</p><h2>Energy</h2><p>There was a clear winner in the stock market this year: energy companies.</p><p>Russia - Ukraine war hit supplies of oil, gas and other commodities that were already in high demand due to the easing of pandemic restrictions. That made energy the top-performing sector in the market this year, with an index of S&amp;P 500 energy companies surging more than 57%.</p><p>Liz Ann Sonders, chief investment strategist at Charles Schwab, cautioned that it will be tough for oil companies to match this year’s earnings growth in 2023, but other strategists argue demand for oil and other energy commodities will remain strong, even with a global recession looming.</p><h2>Tech Stocks</h2><p>If the theme for 2021 was buy everything, the mindset quickly shifted to sell everything in 2022.</p><p>The so-called FAANG stocks — a cohort that includes Facebook parent Meta Platforms Inc., Amazon.com Inc., Apple Inc., Netflix Inc., and Google owner Alphabet Inc. — led the declines, losing more than $3 trillion in market value between them.</p><p>Growth funds and exchange-traded funds that were heavily weighted with tech stocks were also dragged into their downward spiral, including Cathie Wood’s ARK Innovation ETF, which has tumbled by 67% this year.</p><p>Going into 2023, global equities will continue to face headwinds due to persistent inflation, recession risks and threats to corporate profits as consumer confidence sinks. Fran Kinniry, head of Vanguard’s investment advisory research center, says investors should decide what their return objectives are in order to determine how much risk they want to take.</p><p>“With inflation rising, people should think about getting real, inflation-adjusted returns — not nominal returns,” Kinniry said.</p><h2>Crypto</h2><p>It was a very bad year for crypto industry. Even before the stunning implosion of Sam Bankman-Fried’s FTX, a series of meltdowns rattled digital assets, from the collapse of TerraUSD to the downfalls of Three Arrows Capital and Celsius Network. The bankruptcies have piled up and trapped more and more customer money.</p><p>Bitcoin has dropped by 64%, while the combined market value of the largest digital assets has plummeted by more than 70%, according to Bloomberg’s Galaxy Crypto Index.</p><p>NFTs, which once boasted celebrity investors from Paris Hilton to Jimmy Fallon, have also slumped. Stars from NFL quarterback Tom Brady to pop icon Madonna have been sued for promoting crypto investments.</p><h2>Meme Stocks</h2><p>Meme stocks soared in 2021 thanks to retail traders pumped up on government stimulus and pandemic savings. This year, they got hammered.</p><p>With higher interest rates and inflation squeezing consumers, Bed Bath &amp; Beyond Inc. has cratered more than 80%, AMC Entertainment Holdings Inc. plunged by 77% and the company that started it all, GameStop Corp., has fallen by more than half. Robinhood Markets Inc., the brokerage at the center of the online trading fervor, has also slumped from its peak, dropping nearly 80% since its July 2021 initial public offering.</p><p>“The zero-interest environment that fueled investments in these speculative assets is over,” said BNY Mellon’s Gonsalves.</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>Retail Investors Took a Beating in 2022. Will It Continue in 2023?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRetail Investors Took a Beating in 2022. Will It Continue in 2023?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-30 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-12-29/best-investments-cash-i-bonds-were-standouts-in-ugly-year-for-markets?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Individual traders’ portfolios slumped this year as economic turmoil reverberated from Wall Street to Main Street.Photographer: Xavier Lorenzo/Moment RF/Getty ImagesThe era of easy returns came to a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-12-29/best-investments-cash-i-bonds-were-standouts-in-ugly-year-for-markets?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-12-29/best-investments-cash-i-bonds-were-standouts-in-ugly-year-for-markets?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145816205","content_text":"Individual traders’ portfolios slumped this year as economic turmoil reverberated from Wall Street to Main Street.Photographer: Xavier Lorenzo/Moment RF/Getty ImagesThe era of easy returns came to a screeching halt in 2022.Stocks were hammered with the S&P 500 on track for its worst annual performance since 2008, bonds failed to protect anyone’s portfolios, property markets tumbled and crypto crashed, wiping out an estimated $1.5 trillion in market value alone, according to CoinGecko.The turmoil triggered by inflation and rising interest rates sent retail investors scrambling for places to put their money. Cash, it turns out, wasn’t trash, while an obscure government bond became one of the unlikeliest and hottest investments, even if you had to navigate awful technology to get there.Here are the best and worst investments of 2022, and some ideas on where to put your money in 2023.CashWall Street investors put trillions into money market funds and ultra-short bonds. Meanwhile, consumers hoping to get the most bang for their buck have turned to certificates of deposit and high-yield savings accounts like Goldman Sachs’ Marcus that are offering some of the highest annual percentage yields in years.“For a lot of investors, there hasn’t been an opportunity to make money on cash,” said Jeremy Gonsalves, national portfolio director at BNY Mellon Wealth Management. “But now there are attractive returns on everything from Treasury yields to certificates of deposits that we haven’t seen in some time.”I BondsUS Series I savings bonds were an unlikely star in 2022, offering low-risk, inflation-adjusted yields. Sales of the humble securities hit nearly $7 billion in the month of October alone — about seven times more than were sold in all of 2021 — as investors raced to take advantage of a record 9.62% yield.While the interest rate on I bonds has dropped from its high, financial advisors say they may still be an attractive option for those looking to invest money they don’t need immediately.EnergyThere was a clear winner in the stock market this year: energy companies.Russia - Ukraine war hit supplies of oil, gas and other commodities that were already in high demand due to the easing of pandemic restrictions. That made energy the top-performing sector in the market this year, with an index of S&P 500 energy companies surging more than 57%.Liz Ann Sonders, chief investment strategist at Charles Schwab, cautioned that it will be tough for oil companies to match this year’s earnings growth in 2023, but other strategists argue demand for oil and other energy commodities will remain strong, even with a global recession looming.Tech StocksIf the theme for 2021 was buy everything, the mindset quickly shifted to sell everything in 2022.The so-called FAANG stocks — a cohort that includes Facebook parent Meta Platforms Inc., Amazon.com Inc., Apple Inc., Netflix Inc., and Google owner Alphabet Inc. — led the declines, losing more than $3 trillion in market value between them.Growth funds and exchange-traded funds that were heavily weighted with tech stocks were also dragged into their downward spiral, including Cathie Wood’s ARK Innovation ETF, which has tumbled by 67% this year.Going into 2023, global equities will continue to face headwinds due to persistent inflation, recession risks and threats to corporate profits as consumer confidence sinks. Fran Kinniry, head of Vanguard’s investment advisory research center, says investors should decide what their return objectives are in order to determine how much risk they want to take.“With inflation rising, people should think about getting real, inflation-adjusted returns — not nominal returns,” Kinniry said.CryptoIt was a very bad year for crypto industry. Even before the stunning implosion of Sam Bankman-Fried’s FTX, a series of meltdowns rattled digital assets, from the collapse of TerraUSD to the downfalls of Three Arrows Capital and Celsius Network. The bankruptcies have piled up and trapped more and more customer money.Bitcoin has dropped by 64%, while the combined market value of the largest digital assets has plummeted by more than 70%, according to Bloomberg’s Galaxy Crypto Index.NFTs, which once boasted celebrity investors from Paris Hilton to Jimmy Fallon, have also slumped. Stars from NFL quarterback Tom Brady to pop icon Madonna have been sued for promoting crypto investments.Meme StocksMeme stocks soared in 2021 thanks to retail traders pumped up on government stimulus and pandemic savings. This year, they got hammered.With higher interest rates and inflation squeezing consumers, Bed Bath & Beyond Inc. has cratered more than 80%, AMC Entertainment Holdings Inc. plunged by 77% and the company that started it all, GameStop Corp., has fallen by more than half. Robinhood Markets Inc., the brokerage at the center of the online trading fervor, has also slumped from its peak, dropping nearly 80% since its July 2021 initial public offering.“The zero-interest environment that fueled investments in these speculative assets is over,” said BNY Mellon’s Gonsalves.","news_type":1},"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048442214,"gmtCreate":1656251363238,"gmtModify":1676535792380,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048442214","repostId":"1191010488","repostType":4,"repost":{"id":"1191010488","pubTimestamp":1656202469,"share":"https://www.laohu8.com/m/news/1191010488?lang=&edition=full","pubTime":"2022-06-26 08:14","market":"us","language":"en","title":"Warren Buffett's 4 Rules for Investing in a Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1191010488","media":"Motley Fool","summary":"Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as theS&P 500 was on its way to a 35% dipthat bottomed in 1942. Since then, he's managed through 12 more bear markets not including this one.Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs,Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it's Buffett.So it m","content":"<html><head></head><body><p>Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&amp;P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he&#39;s managed through 12 more bear markets not including this one.</p><p>Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs, Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it&#39;s Buffett.</p><p>So it makes sense to lean on his expertise to get through this tough climate with your wealth intact, right? To get you started, here are four of Buffett&#39;s famous rules for investing in a bear market.</p><p>1. Buy quality merchandise on sale</p><blockquote><i>&#34;Whether we&#39;re talking about socks or stocks, I like buying quality merchandise when it is marked down.&#34;</i></blockquote><p>Buffett invests in high-quality businesses -- companies with a proven ability to create shareholder value through all economic climates. In his view, bear markets provide opportunities to buy these quality stocks at lower prices.</p><p>As an example, Buffett&#39;s response earlier this year to the tech stock sell-off was to buy more of his favorite technology company, Apple. Although Apple already comprised more than 40% of Berkshire Hathaway&#39;s portfolio, Buffett bought another 3.78 million shares.</p><p>You can mimic his strategy by identifying stocks you love for their long-term prospects. If your budget allows, increase your investing activity and pad your share counts while prices remain low.</p><p>2. Hold forever</p><blockquote><i>&#34;Our favorite holding period is forever.&#34;</i></blockquote><p>When you buy stocks you&#39;d like to hold forever, bear markets become far less stressful. Since your plan is to hold for the long run, you don&#39;t have to do anything when the market goes sideways. No reshuffling your portfolio and no guessing when share prices will bottom out. Your only job is to wait.</p><p>3. Stay calm</p><blockquote><i>&#34;The most important quality for an investor is temperament, not intellect.&#34;</i></blockquote><p>It&#39;s normal and useful to second-guess your &#34;hold forever&#34; plan when circumstances change. Certainly, there will be times when you should drop a stock you thought was a keeper.</p><p>The distinction you must make is whether circumstances have changed permanently or temporarily. And that&#39;s easier to do when you can analyze what&#39;s happening calmly and rationally. If you let your emotions take over, they can convince you to scrap your plan, cut your losses, or take some other dramatic action that&#39;s sure to dampen your long-term returns.</p><p>4. Keep your distance</p><p>Buffett said this when asked what advice he had for investors in tough markets:<i>&#34;I would tell them: Don&#39;t watch the market too closely.&#34;</i></p><p>Let&#39;s say you&#39;re confident that your &#34;hold forever&#34; stocks can withstand a temporary bear market. And for that reason, you&#39;re not going to react to falling share prices. In that scenario, what&#39;s the benefit of tracking every bump along the way? There isn&#39;t one.</p><p>It&#39;s OK to keep some distance from financial headlines when the market is going crazy. Consider it a survival strategy that helps you stay calm and stick to your investing plan.</p><p>Buy or do nothing</p><p>When a bear market sets in, you&#39;ll see Buffett mostly buy or hold. If you&#39;re questioning whether those are the right moves for your portfolio, remember this: Buffett is worth about $95 billion, and he has invested through more bear markets than almost anyone. His tactics can help you emerge from this bear market stronger and wealthier than ever.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett's 4 Rules for Investing in a Bear Market</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\">\nWarren Buffett's 4 Rules for Investing in a Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-26 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he's ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191010488","content_text":"Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he's managed through 12 more bear markets not including this one.Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs, Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it's Buffett.So it makes sense to lean on his expertise to get through this tough climate with your wealth intact, right? To get you started, here are four of Buffett's famous rules for investing in a bear market.1. Buy quality merchandise on sale\"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.\"Buffett invests in high-quality businesses -- companies with a proven ability to create shareholder value through all economic climates. In his view, bear markets provide opportunities to buy these quality stocks at lower prices.As an example, Buffett's response earlier this year to the tech stock sell-off was to buy more of his favorite technology company, Apple. Although Apple already comprised more than 40% of Berkshire Hathaway's portfolio, Buffett bought another 3.78 million shares.You can mimic his strategy by identifying stocks you love for their long-term prospects. If your budget allows, increase your investing activity and pad your share counts while prices remain low.2. Hold forever\"Our favorite holding period is forever.\"When you buy stocks you'd like to hold forever, bear markets become far less stressful. Since your plan is to hold for the long run, you don't have to do anything when the market goes sideways. No reshuffling your portfolio and no guessing when share prices will bottom out. Your only job is to wait.3. Stay calm\"The most important quality for an investor is temperament, not intellect.\"It's normal and useful to second-guess your \"hold forever\" plan when circumstances change. Certainly, there will be times when you should drop a stock you thought was a keeper.The distinction you must make is whether circumstances have changed permanently or temporarily. And that's easier to do when you can analyze what's happening calmly and rationally. If you let your emotions take over, they can convince you to scrap your plan, cut your losses, or take some other dramatic action that's sure to dampen your long-term returns.4. Keep your distanceBuffett said this when asked what advice he had for investors in tough markets:\"I would tell them: Don't watch the market too closely.\"Let's say you're confident that your \"hold forever\" stocks can withstand a temporary bear market. And for that reason, you're not going to react to falling share prices. In that scenario, what's the benefit of tracking every bump along the way? There isn't one.It's OK to keep some distance from financial headlines when the market is going crazy. Consider it a survival strategy that helps you stay calm and stick to your investing plan.Buy or do nothingWhen a bear market sets in, you'll see Buffett mostly buy or hold. If you're questioning whether those are the right moves for your portfolio, remember this: Buffett is worth about $95 billion, and he has invested through more bear markets than almost anyone. His tactics can help you emerge from this bear market stronger and wealthier than ever.","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9041448001,"gmtCreate":1656091567403,"gmtModify":1676535766361,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>300","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>300","text":"$Tesla Motors(TSLA)$300","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9041448001","isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143553209,"gmtCreate":1625804003101,"gmtModify":1703748902613,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/143553209","repostId":"1195657546","repostType":4,"repost":{"id":"1195657546","pubTimestamp":1625785913,"share":"https://www.laohu8.com/m/news/1195657546?lang=&edition=full","pubTime":"2021-07-09 07:11","market":"us","language":"en","title":"Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more","url":"https://stock-news.laohu8.com/highlight/detail?id=1195657546","media":"CNBC","summary":"Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strau","content":"<div>\n<p>Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strauss added 3.2% after the retailer crushed Wall Street expectations in itsfiscal second-quarter ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html\">Web Link</a>\n\n</div>\n","source":"cnbc_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>Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-09 07:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strauss added 3.2% after the retailer crushed Wall Street expectations in itsfiscal second-quarter ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BGC":"BGC GROUP","GM":"通用汽车","ACCD":"Accolade, Inc."},"source_url":"https://www.cnbc.com/2021/07/08/stocks-making-the-biggest-moves-after-hours-levi-strauss-gm-accolade.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1195657546","content_text":"Check out the companies making headlines after the bell Thursday:\nLevi Strauss— Shares of Levi Strauss added 3.2% after the retailer crushed Wall Street expectations in itsfiscal second-quarter results. Levi reported adjusted earnings of 23 cents per share on revenue of $1.28 billion. Analysts expected earnings of 9 cents per share on revenue of $1.21 billion, according to Refinitiv.\nGeneral Motors— General Motors shares gained 1.3% after Wedbush initiated coverage of the stock with an outperform rating and $85 price target. That target implies an upside of more than 51% from Thursday's close. \"CEO Mary Barra along with other key executives has led the legacy auto company back to the top of the auto industry in the United States,\" Wedbush's Dan Ives said in a note.\nPriceSmart— Shares of PriceSmart rose 2.4% in thin trading on the back of the warehouse club operator’s third-quarter earnings report. PriceSmart posted earnings of 73 cents per share, compared with a FactSet estimate of 65 cents per share expectation.\nAccolade— Accolade shares added 1.2% in low-volume trading following after the company released its latest quarterly numbers. The health-care technology company reported revenue of of $59.5 million versus analysts’ $55.8 million estimate, according to FactSet. Accolade also posted a smaller-than-expected EBITDA loss.","news_type":1},"isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964991921,"gmtCreate":1670044894663,"gmtModify":1676538295085,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9964991921","repostId":"1103525840","repostType":4,"repost":{"id":"1103525840","pubTimestamp":1670024554,"share":"https://www.laohu8.com/m/news/1103525840?lang=&edition=full","pubTime":"2022-12-03 07:42","market":"us","language":"en","title":"EU Backs Russian Oil Price Cap of $60 a Barrel","url":"https://stock-news.laohu8.com/highlight/detail?id=1103525840","media":"The Wall Street Journal","summary":"The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months aft","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/03f9343343cdf98f03443da12104c2a7\" tg-width=\"860\" tg-height=\"573\" referrerpolicy=\"no-referrer\"/>The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months after its invasion of Ukraine.</p><p>The agreement among Australia and the G-7—Canada, France, Germany, Italy, Japan, the U.K. and the U.S.—came just hours after the European Union united behind the figure. Poland, a holdout over the past few days for a lower cap, agreed to $60 a barrel earlier on Friday, clearing the way for the deal. The European Commission, the EU’s executive arm, had initially proposed setting the cap between $65 to $70 a barrel.</p><p>The cap will ban Western companies from insuring, financing or shipping Russian oil unless the oil is sold below $60 a barrel. The U.S. and its allies designed the system in an attempt to cut intoMoscow’s oil revenueswhile keeping Russian crude—an important part of global supply—available on the market. It aims to leverage the concentration of maritime services in the West to curb Moscow’s ability to wagewar in Ukraine.</p><p>“With Russia’s economy already contracting and its budget increasingly stretched thin, the price cap will immediately cut into [Russian President Vladimir] Putin’s most important source of revenue,” Treasury SecretaryJanet Yellen, the lead architect of the plan, said in a statement.</p><p>Russian officials have threatened to cut off oil exports in response to the cap, arguing that the sanction distorts market dynamics and could lead to an increase in global prices. But as of Friday, there were no signs on markets that Russia had started to withdraw its oil from global markets.</p><p>Brent crude, the global oil benchmark, traded around $85 a barrel Friday, dropping after the EU reached its agreement. Analysts and U.S. officials view the price of Russian crude, or Urals, as opaque and difficult to discover. Data provider Refinitiv listed the price of Urals at about $69 a barrel on Thursday, while Argus Media pegged the price at about $48 a barrel in the Baltic port of Primorsk on Wednesday. Western officials maintain that a cap at $60 a barrel will still cut into Russia’s profits and have said they could lower the price over time.</p><p>“The EU agreement on an oil price cap, coordinated with G-7 and others, will reduce Russia’s revenues significantly,” European Commission PresidentUrsula von der Leyensaid in a tweet Friday. “It will help us stabilize global energy prices, benefiting emerging economies around the world.”</p><p>Biden administration officials had hoped to have selected the price cap several weeks ago, but disagreements with Europe about how harsh to make the penalty delayed the effort.</p><p>Ms. Yellen and other U.S. officials pushed the plan hard to get it into place this year. Within half an hour of Poland saying Thursday it needed extra time to consider the price cap, Polish government officials were receiving phone calls from senior U.S. officials pushing them to sign off, according to a Polish official.</p><p>The governments of India and China, two of the largest buyers of Russian crude, haven’t embraced the price-cap proposal, wary of joining a U.S.-led sanction program against Russia. Biden administration officials say they hope that refineries and other buyers in India might opt to comply with the cap so they can access cheaper and more reliable Western maritime services.</p><p>In general, the U.S. is relying on the lure of cheaper oil—and the centrality of Western maritime services—to woo buyers worldwide to buy oil under the cap. Earlier efforts to encourage countries to affirmatively commit to buying Russian oil at a price set by the West largely fizzled, as countries that haven&#39;t joined sanctions on Russia remained neutral. Some countries, though, including Indonesia, have indicated that they would buy cheaper oil if it is available through the plan.</p><p>The EU and U.K. will also ban the import of Russian crude on Monday, meaning the cap is aimed at Russia’s sales to the rest of the global market. They will ban the import of Russian refinery products on Feb. 5, 2023, when the West is also hoping to set price caps on the export of Russian petroleum products.</p><p>Poland, Lithuania and Estonia argued during talks that the cap should be set below Russia’s current market rates. They secured a commitment to review the price level every two months starting in mid-January. The EU says the aim would be to set the cap at least 5% below Russia’s market prices.</p><p>Adjusting the price will renew a debate that has been at the center of the price cap effort: how tightly to squeeze Russia’s oil industry. U.S. officials, wary of upsetting global oil markets after oil climbed to roughly $120 a barrel earlier this year, have pushed to make the sanction a relatively relaxed program. In Eastern Europe, as well as in Ukraine and in some offices on Capitol Hill, officials have sought to impose stricter sanctions on Russian oil to try to squeeze a central source of tax revenue for Moscow.</p><p>When negotiations over the price started last week in Brussels, Polish officials sought a cap at $30 a barrel, a level they said was in line with Russia’s production costs. U.S. officials wanted to a limit near Russia’s historical sales prices of around $65 a barrel, hoping to preserve Russia’s incentive to keep supplying global markets.</p><p>The U.S. has tried to roll back elements of Europe’s sanctions on Russian oil this year. Biden administration officials conceived of the price cap itself as a way to relax Europe’s original plan to completelyban the insurance and financing of Russian oil shipments. Because much of the world’s maritime insurance is concentrated in London, U.S. officials worried that a full ban could jeopardize global oil markets and send crude as high as $140 a barrel. The price cap is a carve-out to those original plans.</p><p>U.S. officials tried to craft the plan so that banks, insurers and traders will feel comfortable handling Russian oil, pushing so that only firms that intentionally handle oil traded above the cap will face penalties.</p><p>The plan nevertheless faced steep skepticism from oil traders and financiers after it was introduced in the spring. They raised a number of concerns about the plan: Russia could refuse to sell its crude under the cap, large buyers of Russian oil may not respect the Western rules and the private sector would struggle to comply with new requirements.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EU Backs Russian Oil Price Cap of $60 a Barrel</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\">\nEU Backs Russian Oil Price Cap of $60 a Barrel\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-03 07:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/eu-g-7-wait-on-poland-to-advance-with-russian-oil-price-cap-11669983529?mod=hp_lead_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months ...</p>\n\n<a href=\"https://www.wsj.com/articles/eu-g-7-wait-on-poland-to-advance-with-russian-oil-price-cap-11669983529?mod=hp_lead_pos1\">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.wsj.com/articles/eu-g-7-wait-on-poland-to-advance-with-russian-oil-price-cap-11669983529?mod=hp_lead_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103525840","content_text":"The Group of Seven advanced democracies agreed tocap the price of Russian crude oilat $60 a barrel, moving forward with an unprecedented sanction on one of the world’s largest oil producers months after its invasion of Ukraine.The agreement among Australia and the G-7—Canada, France, Germany, Italy, Japan, the U.K. and the U.S.—came just hours after the European Union united behind the figure. Poland, a holdout over the past few days for a lower cap, agreed to $60 a barrel earlier on Friday, clearing the way for the deal. The European Commission, the EU’s executive arm, had initially proposed setting the cap between $65 to $70 a barrel.The cap will ban Western companies from insuring, financing or shipping Russian oil unless the oil is sold below $60 a barrel. The U.S. and its allies designed the system in an attempt to cut intoMoscow’s oil revenueswhile keeping Russian crude—an important part of global supply—available on the market. It aims to leverage the concentration of maritime services in the West to curb Moscow’s ability to wagewar in Ukraine.“With Russia’s economy already contracting and its budget increasingly stretched thin, the price cap will immediately cut into [Russian President Vladimir] Putin’s most important source of revenue,” Treasury SecretaryJanet Yellen, the lead architect of the plan, said in a statement.Russian officials have threatened to cut off oil exports in response to the cap, arguing that the sanction distorts market dynamics and could lead to an increase in global prices. But as of Friday, there were no signs on markets that Russia had started to withdraw its oil from global markets.Brent crude, the global oil benchmark, traded around $85 a barrel Friday, dropping after the EU reached its agreement. Analysts and U.S. officials view the price of Russian crude, or Urals, as opaque and difficult to discover. Data provider Refinitiv listed the price of Urals at about $69 a barrel on Thursday, while Argus Media pegged the price at about $48 a barrel in the Baltic port of Primorsk on Wednesday. Western officials maintain that a cap at $60 a barrel will still cut into Russia’s profits and have said they could lower the price over time.“The EU agreement on an oil price cap, coordinated with G-7 and others, will reduce Russia’s revenues significantly,” European Commission PresidentUrsula von der Leyensaid in a tweet Friday. “It will help us stabilize global energy prices, benefiting emerging economies around the world.”Biden administration officials had hoped to have selected the price cap several weeks ago, but disagreements with Europe about how harsh to make the penalty delayed the effort.Ms. Yellen and other U.S. officials pushed the plan hard to get it into place this year. Within half an hour of Poland saying Thursday it needed extra time to consider the price cap, Polish government officials were receiving phone calls from senior U.S. officials pushing them to sign off, according to a Polish official.The governments of India and China, two of the largest buyers of Russian crude, haven’t embraced the price-cap proposal, wary of joining a U.S.-led sanction program against Russia. Biden administration officials say they hope that refineries and other buyers in India might opt to comply with the cap so they can access cheaper and more reliable Western maritime services.In general, the U.S. is relying on the lure of cheaper oil—and the centrality of Western maritime services—to woo buyers worldwide to buy oil under the cap. Earlier efforts to encourage countries to affirmatively commit to buying Russian oil at a price set by the West largely fizzled, as countries that haven't joined sanctions on Russia remained neutral. Some countries, though, including Indonesia, have indicated that they would buy cheaper oil if it is available through the plan.The EU and U.K. will also ban the import of Russian crude on Monday, meaning the cap is aimed at Russia’s sales to the rest of the global market. They will ban the import of Russian refinery products on Feb. 5, 2023, when the West is also hoping to set price caps on the export of Russian petroleum products.Poland, Lithuania and Estonia argued during talks that the cap should be set below Russia’s current market rates. They secured a commitment to review the price level every two months starting in mid-January. The EU says the aim would be to set the cap at least 5% below Russia’s market prices.Adjusting the price will renew a debate that has been at the center of the price cap effort: how tightly to squeeze Russia’s oil industry. U.S. officials, wary of upsetting global oil markets after oil climbed to roughly $120 a barrel earlier this year, have pushed to make the sanction a relatively relaxed program. In Eastern Europe, as well as in Ukraine and in some offices on Capitol Hill, officials have sought to impose stricter sanctions on Russian oil to try to squeeze a central source of tax revenue for Moscow.When negotiations over the price started last week in Brussels, Polish officials sought a cap at $30 a barrel, a level they said was in line with Russia’s production costs. U.S. officials wanted to a limit near Russia’s historical sales prices of around $65 a barrel, hoping to preserve Russia’s incentive to keep supplying global markets.The U.S. has tried to roll back elements of Europe’s sanctions on Russian oil this year. Biden administration officials conceived of the price cap itself as a way to relax Europe’s original plan to completelyban the insurance and financing of Russian oil shipments. Because much of the world’s maritime insurance is concentrated in London, U.S. officials worried that a full ban could jeopardize global oil markets and send crude as high as $140 a barrel. The price cap is a carve-out to those original plans.U.S. officials tried to craft the plan so that banks, insurers and traders will feel comfortable handling Russian oil, pushing so that only firms that intentionally handle oil traded above the cap will face penalties.The plan nevertheless faced steep skepticism from oil traders and financiers after it was introduced in the spring. They raised a number of concerns about the plan: Russia could refuse to sell its crude under the cap, large buyers of Russian oil may not respect the Western rules and the private sector would struggle to comply with new requirements.","news_type":1},"isVote":1,"tweetType":1,"viewCount":580,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962071837,"gmtCreate":1669685267130,"gmtModify":1676538222811,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9962071837","repostId":"2287251460","repostType":4,"repost":{"id":"2287251460","pubTimestamp":1669676011,"share":"https://www.laohu8.com/m/news/2287251460?lang=&edition=full","pubTime":"2022-11-29 06:53","market":"us","language":"en","title":"Elon Musk Calls Out Apple and CEO Tim Cook","url":"https://stock-news.laohu8.com/highlight/detail?id=2287251460","media":"TheStreet","summary":"'It is in this context that Musk said on Nov. 28 that Apple  - Get Free Reporthad stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.\"Apple has mostly stopped advertising on Twitter,\" the billionaire wrote. \"Do they hate free speech in America?\" Musk asked.Apple didn't immediately respond to a request for comment.\"Apple has spent $40 million on Twitter advertising so far this year,\" which makes the tech giant \"one of Twitter’s top advertisers in 202","content":"<html><head></head><body><p>The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.</p><p>For several months now the question was when Musk would declare war with the iPhone maker and CEO Tim Cook. It is now done.</p><p>Since Musk took over the social network Twitter  (<b>TWTR</b>) - Get Free Report, he&#39;s been trying to find new sources of revenue.</p><p>Meantime, he&#39;s facing a boycott from many advertisers, including General Motors  (<b>GM</b>) - Get Free Report, General Mills  (<b>GIS</b>) - Get Free Report, Pfizer  (<b>PFE</b>) - Get Free Report, and Stellantis  (<b>STLA</b>) - Get Free Report. These companies have paused their ads as they await the details of Musk&#39;s content-management plans for Twitter.</p><p>They fear that the social network will become a &#34;hellscape,&#34; following assertions by Musk, who defines himself as a free-speech absolutist. This means he considers any message on the platform acceptable so long as it does not violate the law of the country in which it is posted.</p><h2>Free Speech vs. Brand Safety</h2><p>Top advertisers are also worried about brand safety and a lack of clarity regarding advertising leadership at Twitter after Musk fired most of the site&#39;s executives.</p><p>&#34;Freedom of speech is the bedrock of a strong democracy and must take precedence,&#34; the billionaire argued on Nov. 25.</p><p>In the name of free speech, Musk has reactivated former President Donald Trump&#39;s account and accounts known for anti-transgender posts like those of the conservative satirical site Babylon Bee and the Canadian conservative psychologist Jordan Peterson.</p><p>Musk also announced a general amnesty for all banned accounts, after having organized a related survey on the platform.</p><p>&#34;The people have spoken,&#34; he wrote on Nov. 24. &#34;Amnesty begins next week. Vox Populi, Vox Dei.&#34;</p><h2>&#39;What&#39;s Going On?&#39;</h2><p>It is in this context that Musk said on Nov. 28 that Apple  (<b>AAPL</b>) - Get Free Report had stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.</p><p>&#34;Apple has mostly stopped advertising on Twitter,&#34; the billionaire wrote. &#34;Do they hate free speech in America?&#34;</p><p>A few minutes later he tweeted to Cook directly.</p><p>&#34;What’s going on here @tim_cook?&#34; Musk asked.</p><p>Apple didn&#39;t immediately respond to a request for comment.</p><p>&#34;Apple has spent $40 million on Twitter advertising so far this year,&#34; which makes the tech giant &#34;one of Twitter’s top advertisers in 2022, according to Mediaradar.</p><p>“Apple has been a major advertiser on Twitter and, even before Elon’s statement today, we’ve seen spend taper in recent months given continued controversy,” said Todd Krizelman, CEO of MediaRadar, the New York provider of advertising intelligence.</p><p>He added that Apple’s ad investment in Twitter represents most of its social ad spend overall. To date, 84% of Apple&#39;s total social-media spend has gone to Twitter.</p><p>Ad revenue made up more than 91% of Twitter&#39;s revenue in the second quarter, with the rest coming from subscriptions. Musk is trying to rebalance things, but the billionaire is aware that he needs advertisers. At the beginning of November he had threatened them that he was going to publicly shame them.</p><p>By first attacking Apple, the largest company in the world based on market value, the Techno King seems to want to send a message to other advertisers that he was not kidding.</p><p>Besides advertising, Musk and Apple are also in conflict over their approach to acceptable content.</p><p>As app distributors, Apple via the Apple Store and Alphabet&#39;s  (<b>GOOGL</b>) - Get Free Report Google via Google Play have strict policies regarding hateful speech.</p><p>&#34;When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,&#34; the iPhone maker says in the Apple Store guidelines. &#34;If you’re looking to shock and offend people, the App Store isn’t the right place for your app.&#34;</p><p>Phil Schiller, who is responsible for leading the App Store and Apple Events, left Twitter after Musk said he was reactivating Trump&#39;s account. Schiller didn&#39;t give an explanation for his decision to deactivate his account, but it&#39;s curious that it happened right after Musk&#39;s announcement.</p><p>Musk has threatened to make a phone if Apple and Alphabet blocked Twitter.</p></body></html>","source":"thestreet_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>Elon Musk Calls Out Apple and CEO Tim Cook</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\">\nElon Musk Calls Out Apple and CEO Tim Cook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-29 06:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.For several months now the question was when Musk would declare war ...</p>\n\n<a href=\"https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4574":"无人驾驶","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","BK4573":"虚拟现实","BK4581":"高盛持仓","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4099":"汽车制造商","AAPL":"苹果","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4511":"特斯拉概念","LU0823411888.USD":"法巴消费创新基金 Cap","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2063271972.USD":"富兰克林创新领域基金","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4527":"明星科技股","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4559":"巴菲特持仓"},"source_url":"https://www.thestreet.com/technology/elon-musk-calls-out-apple-tim-cook","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287251460","content_text":"The game of hide and seek between Elon Musk and Apple is over.  The tensions between them are finally erupting in the public square.For several months now the question was when Musk would declare war with the iPhone maker and CEO Tim Cook. It is now done.Since Musk took over the social network Twitter  (TWTR) - Get Free Report, he's been trying to find new sources of revenue.Meantime, he's facing a boycott from many advertisers, including General Motors  (GM) - Get Free Report, General Mills  (GIS) - Get Free Report, Pfizer  (PFE) - Get Free Report, and Stellantis  (STLA) - Get Free Report. These companies have paused their ads as they await the details of Musk's content-management plans for Twitter.They fear that the social network will become a \"hellscape,\" following assertions by Musk, who defines himself as a free-speech absolutist. This means he considers any message on the platform acceptable so long as it does not violate the law of the country in which it is posted.Free Speech vs. Brand SafetyTop advertisers are also worried about brand safety and a lack of clarity regarding advertising leadership at Twitter after Musk fired most of the site's executives.\"Freedom of speech is the bedrock of a strong democracy and must take precedence,\" the billionaire argued on Nov. 25.In the name of free speech, Musk has reactivated former President Donald Trump's account and accounts known for anti-transgender posts like those of the conservative satirical site Babylon Bee and the Canadian conservative psychologist Jordan Peterson.Musk also announced a general amnesty for all banned accounts, after having organized a related survey on the platform.\"The people have spoken,\" he wrote on Nov. 24. \"Amnesty begins next week. Vox Populi, Vox Dei.\"'What's Going On?'It is in this context that Musk said on Nov. 28 that Apple  (AAPL) - Get Free Report had stopped running its ads on Twitter. He even went so far as to publicly challenge CEO Cook by name.\"Apple has mostly stopped advertising on Twitter,\" the billionaire wrote. \"Do they hate free speech in America?\"A few minutes later he tweeted to Cook directly.\"What’s going on here @tim_cook?\" Musk asked.Apple didn't immediately respond to a request for comment.\"Apple has spent $40 million on Twitter advertising so far this year,\" which makes the tech giant \"one of Twitter’s top advertisers in 2022, according to Mediaradar.“Apple has been a major advertiser on Twitter and, even before Elon’s statement today, we’ve seen spend taper in recent months given continued controversy,” said Todd Krizelman, CEO of MediaRadar, the New York provider of advertising intelligence.He added that Apple’s ad investment in Twitter represents most of its social ad spend overall. To date, 84% of Apple's total social-media spend has gone to Twitter.Ad revenue made up more than 91% of Twitter's revenue in the second quarter, with the rest coming from subscriptions. Musk is trying to rebalance things, but the billionaire is aware that he needs advertisers. At the beginning of November he had threatened them that he was going to publicly shame them.By first attacking Apple, the largest company in the world based on market value, the Techno King seems to want to send a message to other advertisers that he was not kidding.Besides advertising, Musk and Apple are also in conflict over their approach to acceptable content.As app distributors, Apple via the Apple Store and Alphabet's  (GOOGL) - Get Free Report Google via Google Play have strict policies regarding hateful speech.\"When people install an app from the App Store, they want to feel confident that it’s safe to do so -- that the app doesn’t contain upsetting or offensive content, won’t damage their device, and isn’t likely to cause physical harm from its use,\" the iPhone maker says in the Apple Store guidelines. \"If you’re looking to shock and offend people, the App Store isn’t the right place for your app.\"Phil Schiller, who is responsible for leading the App Store and Apple Events, left Twitter after Musk said he was reactivating Trump's account. Schiller didn't give an explanation for his decision to deactivate his account, but it's curious that it happened right after Musk's announcement.Musk has threatened to make a phone if Apple and Alphabet blocked Twitter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059173223,"gmtCreate":1654317118662,"gmtModify":1676535431467,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059173223","repostId":"2240200693","repostType":4,"repost":{"id":"2240200693","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1654309160,"share":"https://www.laohu8.com/m/news/2240200693?lang=&edition=full","pubTime":"2022-06-04 10:19","market":"us","language":"en","title":"If Oil Keeps Rising, These 5 Exploration Stocks Could Benefit","url":"https://stock-news.laohu8.com/highlight/detail?id=2240200693","media":"Dow Jones","summary":"Oil could be headed for $150 a barrel. That might not be good for the economy, but it would be great","content":"<html><head></head><body><p>Oil could be headed for $150 a barrel. That might not be good for the economy, but it would be great news for energy stocks.</p><p>Crude prices had been under pressure since peaking in March, as investors fretted about a potential recession in the U.S. But after getting knocked down as low as $94.29 on April 11, the price of oil has been steadily rising, while making higher highs and higher lows.</p><p>That didn&#39;t change this past week, when the price of oil rose 3.3%, a week that might have been the last best chance to avoid another oil breakout. The reason: The Organization of the Petroleum Exporting Countries announced it would raise production targets to 684,000 barrels a day, up from the current 432,000. It was an acknowledgment that, given the combination of sanctions on Russia and China lifting its Covid-19 restrictions, more oil was needed to keep demand from far outstripping supply.</p><p>Still, it&#39;s probably not enough, says Helima Croft, head of global commodity strategy at RBC Capital Markets. &#34;We think that too big of a burden is probably being placed on OPEC to offset the economic damage caused by a war involving the world&#39;s commodity superstore,&#34; she explains.</p><p>It didn&#39;t help that the European Union announced a limited embargo on Russian oil while U.S. oil inventories fell by 5.07 million barrels, far more than the expected 1.35 million decline. Oil is now trading above $116 a barrel, its highest price since March. That leaves West Texas Intermediate crude, the U.S. benchmark, set up to break the 52-week high of $123.70 reached on March 8. &#34;You can&#39;t stop crude; you can only hope to contain the damage that the run to $150 will wreak on the market and the economy(s),&#34; writes Rich Ross, head of technical analysis at Evercore ISI.</p><p>Oil exploration stocks, in particular, stand to benefit. Truist analyst Neal Dingmann notes that six quarters at that level would mean some of them would have so much free cash flow that they would be able to return more than 80% of their market capitalization to shareholders via share buybacks and dividend payouts. <a href=\"https://laohu8.com/S/CPE\">Callon Petroleum</a> would be able to return 86% of its market cap, or $3.1 billion; <a href=\"https://laohu8.com/S/SBOW\">SilverBow Resources</a> could return 72%, or $620 million; $Murphy Oil <a href=\"https://laohu8.com/S/MUR\">$(MUR)$</a> could return 69%, or $4.7 billion; <a href=\"https://laohu8.com/S/OVV\">Ovintiv</a> could return 67%, or $9.8 billion; and <a href=\"https://laohu8.com/S/ROCC\">Ranger Oil</a> could return 65%, or $1.2 billion.</p><p>Dingmann is aware of the caveats to his analysis -- that high oil prices could lead to demand destruction that causes prices to fall, while the cost of drilling would probably rise. Still, as long as oil prices can rise, the case for oil stocks remains strong. He&#39;s a fan of Ranger Oil, which provided an update on its balance sheet this past week. &#34;Given our [free cash flow] estimates, we expect the company to quickly work through its current repurchase authorization and potentially increase the program, while also initiating a dividend program in third-quarter 2022 and continuing to target deals,&#34; he writes.</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>If Oil Keeps Rising, These 5 Exploration Stocks Could Benefit</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\">\nIf Oil Keeps Rising, These 5 Exploration Stocks Could Benefit\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-06-04 10:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Oil could be headed for $150 a barrel. That might not be good for the economy, but it would be great news for energy stocks.</p><p>Crude prices had been under pressure since peaking in March, as investors fretted about a potential recession in the U.S. But after getting knocked down as low as $94.29 on April 11, the price of oil has been steadily rising, while making higher highs and higher lows.</p><p>That didn&#39;t change this past week, when the price of oil rose 3.3%, a week that might have been the last best chance to avoid another oil breakout. The reason: The Organization of the Petroleum Exporting Countries announced it would raise production targets to 684,000 barrels a day, up from the current 432,000. It was an acknowledgment that, given the combination of sanctions on Russia and China lifting its Covid-19 restrictions, more oil was needed to keep demand from far outstripping supply.</p><p>Still, it&#39;s probably not enough, says Helima Croft, head of global commodity strategy at RBC Capital Markets. &#34;We think that too big of a burden is probably being placed on OPEC to offset the economic damage caused by a war involving the world&#39;s commodity superstore,&#34; she explains.</p><p>It didn&#39;t help that the European Union announced a limited embargo on Russian oil while U.S. oil inventories fell by 5.07 million barrels, far more than the expected 1.35 million decline. Oil is now trading above $116 a barrel, its highest price since March. That leaves West Texas Intermediate crude, the U.S. benchmark, set up to break the 52-week high of $123.70 reached on March 8. &#34;You can&#39;t stop crude; you can only hope to contain the damage that the run to $150 will wreak on the market and the economy(s),&#34; writes Rich Ross, head of technical analysis at Evercore ISI.</p><p>Oil exploration stocks, in particular, stand to benefit. Truist analyst Neal Dingmann notes that six quarters at that level would mean some of them would have so much free cash flow that they would be able to return more than 80% of their market capitalization to shareholders via share buybacks and dividend payouts. <a href=\"https://laohu8.com/S/CPE\">Callon Petroleum</a> would be able to return 86% of its market cap, or $3.1 billion; <a href=\"https://laohu8.com/S/SBOW\">SilverBow Resources</a> could return 72%, or $620 million; $Murphy Oil <a href=\"https://laohu8.com/S/MUR\">$(MUR)$</a> could return 69%, or $4.7 billion; <a href=\"https://laohu8.com/S/OVV\">Ovintiv</a> could return 67%, or $9.8 billion; and <a href=\"https://laohu8.com/S/ROCC\">Ranger Oil</a> could return 65%, or $1.2 billion.</p><p>Dingmann is aware of the caveats to his analysis -- that high oil prices could lead to demand destruction that causes prices to fall, while the cost of drilling would probably rise. Still, as long as oil prices can rise, the case for oil stocks remains strong. He&#39;s a fan of Ranger Oil, which provided an update on its balance sheet this past week. &#34;Given our [free cash flow] estimates, we expect the company to quickly work through its current repurchase authorization and potentially increase the program, while also initiating a dividend program in third-quarter 2022 and continuing to target deals,&#34; he writes.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MUR":"墨菲石油","ROCC":"Ranger Oil Corporation","SBOW":"SilverBow Resources Inc","CPE":"卡隆石油","OVV":"Ovintiv Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2240200693","content_text":"Oil could be headed for $150 a barrel. That might not be good for the economy, but it would be great news for energy stocks.Crude prices had been under pressure since peaking in March, as investors fretted about a potential recession in the U.S. But after getting knocked down as low as $94.29 on April 11, the price of oil has been steadily rising, while making higher highs and higher lows.That didn't change this past week, when the price of oil rose 3.3%, a week that might have been the last best chance to avoid another oil breakout. The reason: The Organization of the Petroleum Exporting Countries announced it would raise production targets to 684,000 barrels a day, up from the current 432,000. It was an acknowledgment that, given the combination of sanctions on Russia and China lifting its Covid-19 restrictions, more oil was needed to keep demand from far outstripping supply.Still, it's probably not enough, says Helima Croft, head of global commodity strategy at RBC Capital Markets. \"We think that too big of a burden is probably being placed on OPEC to offset the economic damage caused by a war involving the world's commodity superstore,\" she explains.It didn't help that the European Union announced a limited embargo on Russian oil while U.S. oil inventories fell by 5.07 million barrels, far more than the expected 1.35 million decline. Oil is now trading above $116 a barrel, its highest price since March. That leaves West Texas Intermediate crude, the U.S. benchmark, set up to break the 52-week high of $123.70 reached on March 8. \"You can't stop crude; you can only hope to contain the damage that the run to $150 will wreak on the market and the economy(s),\" writes Rich Ross, head of technical analysis at Evercore ISI.Oil exploration stocks, in particular, stand to benefit. Truist analyst Neal Dingmann notes that six quarters at that level would mean some of them would have so much free cash flow that they would be able to return more than 80% of their market capitalization to shareholders via share buybacks and dividend payouts. Callon Petroleum would be able to return 86% of its market cap, or $3.1 billion; SilverBow Resources could return 72%, or $620 million; $Murphy Oil $(MUR)$ could return 69%, or $4.7 billion; Ovintiv could return 67%, or $9.8 billion; and Ranger Oil could return 65%, or $1.2 billion.Dingmann is aware of the caveats to his analysis -- that high oil prices could lead to demand destruction that causes prices to fall, while the cost of drilling would probably rise. Still, as long as oil prices can rise, the case for oil stocks remains strong. He's a fan of Ranger Oil, which provided an update on its balance sheet this past week. \"Given our [free cash flow] estimates, we expect the company to quickly work through its current repurchase authorization and potentially increase the program, while also initiating a dividend program in third-quarter 2022 and continuing to target deals,\" he writes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026409839,"gmtCreate":1653407489021,"gmtModify":1676535276492,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a>basically bottomless...!!!!","listText":"<a href=\"https://ttm.financial/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a>basically bottomless...!!!!","text":"$Riot Blockchain, Inc.(RIOT)$basically bottomless...!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026409839","isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9028424558,"gmtCreate":1653269521674,"gmtModify":1676535250670,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9028424558","repostId":"1171500400","repostType":4,"repost":{"id":"1171500400","pubTimestamp":1653263894,"share":"https://www.laohu8.com/m/news/1171500400?lang=&edition=full","pubTime":"2022-05-23 07:58","market":"sg","language":"en","title":"Singapore Stock Market Expected To Be Rangebound On Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1171500400","media":"RTTNews","summary":"The Singapore stock market bounced higher again on Friday, one day after halting the three-day winni","content":"<html><head></head><body><p>The Singapore stock market bounced higher again on Friday, one day after halting the three-day winning streak in which it had improved more than 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,240-point plateau and it&#39;s likely to see little movement on Monday.</p><p>The global forecast for the Asian markets is flat to slightly higher, with support from oil stocks capped by weakness from tech shares. The European markets were slightly higher and the U.S. bourses were mixed and little changed and the Asian markets figure to split the difference.</p><p>The STI finished sharply higher on Friday following gains from the financial shares, property stocks and industrial issues.</p><p>For the day, the index spiked 49.87 points or 1.56 percent to finish at 3,240.58 after trading between 3,210.75 and 3,246.13. Volume was 1.81 billion shares worth 1.54 billion Singapore dollars. There were 340 gainers and 170 decliners.</p><p>Among the actives, Ascendas REIT added 0.74 percent, while CapitaLand Integrated Commercial Trust perked 0.45 percent, CapitaLand Investment accelerated 2.62 percent, City Developments strengthened 2.25 percent, Comfort DelGro rose 0.68 percent, DBS Group collected 1.00 percent, Genting Singapore rallied 2.60 percent, Hongkong Land jumped 2.34 percent, Keppel Corp increased 0.89 percent, Mapletree Industrial Trust was up 0.41 percent, Oversea-Chinese Banking Corporation gathered 1.03 percent, SATS soared 3.40 percent, SembCorp Industries improved 1.41 percent, Singapore Exchange climbed 2.07 percent, Singapore Technologies Engineering advanced 2.00 percent, Thai Beverage gained 0.71 percent, United Overseas Bank spiked 3.19 percent, Wilmar International surged 4.13 percent, Yangzijiang Financial skyrocketed 8.97 percent and Yangzijiang Shipbuilding, Mapletree Commercial Trust, Mapletree Logistics Trust, SingTel and Frasers Logistics were unchanged.</p><p>Wall Street offers little guidance as the major averages opened higher on Friday, quickly plummeted into the red before rallying to finish mixed and little changed.</p><p>The Dow added 8.77 points or 0.03 percent to finish at 31,261.90, while the NASDAQ fell 33.88 points or 0.30 percent to close at 11,354.62 and the S&amp;P 500 rose 0.57 points or 0.01 percent to end at 3,901.36.</p><p>For the week, the NASDAQ dove 3.8 percent, the S&amp;P sank 3 percent and the Dow lost 2.9 percent.</p><p>The extended volatility on Wall Street came as traders continued to debate when the markets will reach a bottom following recent weakness.</p><p>The S&amp;P 500 was down more than 20 percent from January&#39;s record closing high, which is seen as signaling a bear market.</p><p>Crude oil futures settled higher on Friday, lifted by the proposed ban on Russian oil by the EU and the relaxation of Covid lockdowns in China. West Texas Intermediate Crude oil futures for July added $0.39 or 0.4 percent at $110.28 a barrel.</p><p>Closer to home, Singapore will see April data for consumer prices later today; in March, overall inflation was up 1.2 percent on month and 5.4 percent on year, while core CPI rose an annual 2.9 percent.</p></body></html>","source":"lsy1626938412129","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>Singapore Stock Market Expected To Be Rangebound On Monday</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\">\nSingapore Stock Market Expected To Be Rangebound On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-23 07:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3285836/singapore-stock-market-expected-to-be-rangebound-on-monday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market bounced higher again on Friday, one day after halting the three-day winning streak in which it had improved more than 60 points or 1.9 percent. The Straits Times Index now ...</p>\n\n<a href=\"https://www.rttnews.com/3285836/singapore-stock-market-expected-to-be-rangebound-on-monday.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3285836/singapore-stock-market-expected-to-be-rangebound-on-monday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171500400","content_text":"The Singapore stock market bounced higher again on Friday, one day after halting the three-day winning streak in which it had improved more than 60 points or 1.9 percent. The Straits Times Index now rests just above the 3,240-point plateau and it's likely to see little movement on Monday.The global forecast for the Asian markets is flat to slightly higher, with support from oil stocks capped by weakness from tech shares. The European markets were slightly higher and the U.S. bourses were mixed and little changed and the Asian markets figure to split the difference.The STI finished sharply higher on Friday following gains from the financial shares, property stocks and industrial issues.For the day, the index spiked 49.87 points or 1.56 percent to finish at 3,240.58 after trading between 3,210.75 and 3,246.13. Volume was 1.81 billion shares worth 1.54 billion Singapore dollars. There were 340 gainers and 170 decliners.Among the actives, Ascendas REIT added 0.74 percent, while CapitaLand Integrated Commercial Trust perked 0.45 percent, CapitaLand Investment accelerated 2.62 percent, City Developments strengthened 2.25 percent, Comfort DelGro rose 0.68 percent, DBS Group collected 1.00 percent, Genting Singapore rallied 2.60 percent, Hongkong Land jumped 2.34 percent, Keppel Corp increased 0.89 percent, Mapletree Industrial Trust was up 0.41 percent, Oversea-Chinese Banking Corporation gathered 1.03 percent, SATS soared 3.40 percent, SembCorp Industries improved 1.41 percent, Singapore Exchange climbed 2.07 percent, Singapore Technologies Engineering advanced 2.00 percent, Thai Beverage gained 0.71 percent, United Overseas Bank spiked 3.19 percent, Wilmar International surged 4.13 percent, Yangzijiang Financial skyrocketed 8.97 percent and Yangzijiang Shipbuilding, Mapletree Commercial Trust, Mapletree Logistics Trust, SingTel and Frasers Logistics were unchanged.Wall Street offers little guidance as the major averages opened higher on Friday, quickly plummeted into the red before rallying to finish mixed and little changed.The Dow added 8.77 points or 0.03 percent to finish at 31,261.90, while the NASDAQ fell 33.88 points or 0.30 percent to close at 11,354.62 and the S&P 500 rose 0.57 points or 0.01 percent to end at 3,901.36.For the week, the NASDAQ dove 3.8 percent, the S&P sank 3 percent and the Dow lost 2.9 percent.The extended volatility on Wall Street came as traders continued to debate when the markets will reach a bottom following recent weakness.The S&P 500 was down more than 20 percent from January's record closing high, which is seen as signaling a bear market.Crude oil futures settled higher on Friday, lifted by the proposed ban on Russian oil by the EU and the relaxation of Covid lockdowns in China. West Texas Intermediate Crude oil futures for July added $0.39 or 0.4 percent at $110.28 a barrel.Closer to home, Singapore will see April data for consumer prices later today; in March, overall inflation was up 1.2 percent on month and 5.4 percent on year, while core CPI rose an annual 2.9 percent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880399411,"gmtCreate":1631017326133,"gmtModify":1676530443023,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880399411","repostId":"1169993498","repostType":4,"repost":{"id":"1169993498","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":1631015740,"share":"https://www.laohu8.com/m/news/1169993498?lang=&edition=full","pubTime":"2021-09-07 19:55","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1169993498","media":"Tiger Newspress","summary":"U.S. stock futureswere flat Tuesday.\nOn Wall Street, cyclical stocks are the best performers, led by","content":"<ul>\n <li>U.S. stock futureswere flat Tuesday.</li>\n <li>On Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech,&nbsp;Communication Services and Energy are slightly lower.</li>\n <li>The dollar and Treasuries yields rose, gold and cryptos dropped.</li>\n <li>Bitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.</li>\n</ul>\n<p>(Sept 7)&nbsp;European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as&nbsp; investors weighed China’s better-than-forecast&nbsp;trade data against the growing likelihood of fading central-bank support. S&amp;P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&amp;P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/774e551b2ebb39de9eaeec90e5af95c9\" tg-width=\"1242\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p>\n<p>Tech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.</p>\n<p>Tracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.</p>\n<p>Among meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits.&nbsp;</p>\n<p>Chinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/f7d4a60cfccf02d72f36227e0e14cd3e\" tg-width=\"274\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li>Alcoa (AA) shares rise 2.9%&nbsp;premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.</li>\n <li>Farfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.</li>\n <li>Columbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</li>\n <li>InflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.</li>\n <li>IronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.</li>\n <li>Match Group (MTCH) surges 14% on being named to the S&amp;P 500 Index.</li>\n <li>Moderna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination</li>\n <li>Vertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.</li>\n</ul>\n<p>The world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”</p>\n<p>Another thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.</p>\n<p><img src=\"https://static.tigerbbs.com/858faccbc6f7fdcbcba5f727c38900c2\" tg-width=\"952\" tg-height=\"625\" width=\"100%\" height=\"auto\">The S&amp;P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.</p>\n<p>Optimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,”&nbsp;Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”</p>\n<p>Asian stocks climbed, driven by Japanese shares<b>that extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.</b>The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso said<b>they will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.</b>Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).</p>\n<p>Adding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa2b6673ab863a92d8ad2a5cbb10328\" tg-width=\"575\" tg-height=\"369\" width=\"100%\" height=\"auto\"><b>In FX,</b> the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.<b>Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,</b>instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.<b>Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.</b>Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.</p>\n<p><b>In rates, </b>Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,<b>with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.</b>Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.&nbsp; Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.</p>\n<p>In commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.</p>","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>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\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\">2021-09-07 19:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>U.S. stock futureswere flat Tuesday.</li>\n <li>On Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech,&nbsp;Communication Services and Energy are slightly lower.</li>\n <li>The dollar and Treasuries yields rose, gold and cryptos dropped.</li>\n <li>Bitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.</li>\n</ul>\n<p>(Sept 7)&nbsp;European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as&nbsp; investors weighed China’s better-than-forecast&nbsp;trade data against the growing likelihood of fading central-bank support. S&amp;P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.</p>\n<p>At 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&amp;P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.</p>\n<p><img src=\"https://static.tigerbbs.com/774e551b2ebb39de9eaeec90e5af95c9\" tg-width=\"1242\" tg-height=\"518\" referrerpolicy=\"no-referrer\"></p>\n<p>Tech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.</p>\n<p>Tracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.</p>\n<p>Among meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits.&nbsp;</p>\n<p>Chinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.</p>\n<p><img src=\"https://static.tigerbbs.com/f7d4a60cfccf02d72f36227e0e14cd3e\" tg-width=\"274\" tg-height=\"716\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Stocks making the biggest moves premarket:</b></p>\n<ul>\n <li>Alcoa (AA) shares rise 2.9%&nbsp;premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.</li>\n <li>Farfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.</li>\n <li>Columbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.</li>\n <li>InflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.</li>\n <li>IronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.</li>\n <li>Match Group (MTCH) surges 14% on being named to the S&amp;P 500 Index.</li>\n <li>Moderna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination</li>\n <li>Vertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.</li>\n</ul>\n<p>The world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”</p>\n<p>Another thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.</p>\n<p><img src=\"https://static.tigerbbs.com/858faccbc6f7fdcbcba5f727c38900c2\" tg-width=\"952\" tg-height=\"625\" width=\"100%\" height=\"auto\">The S&amp;P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.</p>\n<p>Optimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,”&nbsp;Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”</p>\n<p>Asian stocks climbed, driven by Japanese shares<b>that extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.</b>The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso said<b>they will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.</b>Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).</p>\n<p>Adding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.</p>\n<p><img src=\"https://static.tigerbbs.com/eaa2b6673ab863a92d8ad2a5cbb10328\" tg-width=\"575\" tg-height=\"369\" width=\"100%\" height=\"auto\"><b>In FX,</b> the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.<b>Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,</b>instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.<b>Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.</b>Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.</p>\n<p><b>In rates, </b>Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,<b>with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.</b>Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.&nbsp; Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.</p>\n<p>In commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169993498","content_text":"U.S. stock futureswere flat Tuesday.\nOn Wall Street, cyclical stocks are the best performers, led by Financials. Info Tech, Communication Services and Energy are slightly lower.\nThe dollar and Treasuries yields rose, gold and cryptos dropped.\nBitcoin could be active today asit becomes legal tender in El Salvador and has gained the attention of the Reddit crowd.\n\n(Sept 7) European bourses dipped in the red and a rally in US equity futures which traded near all-time highs after the Labor Day holiday fizzled, as  investors weighed China’s better-than-forecast trade data against the growing likelihood of fading central-bank support. S&P500 futures traded fractionally in the green and Nasdaq 100 indexes slipped and equity gains in China and Japan were followed by losses in Europe as investors speculated the ECB may get ready to roll back stimulus. The dollar and Treasuries yields rose, gold and cryptos dropped.\nAt 8:00 a.m. ET, Dow E-minis were up 33 points, or 0.09%, S&P 500 E-minis were up 2.5 points, or 0.06% and Nasdaq 100 E-minis were up 2.75 points, or 0.02%.\n\nTech gigacaps such as Microsoft, Amazon.com and Facebook eased about 0.2% each, while Apple and Google were slightly higher.\nTracking benchmark bond yields higher, banks including Wells Fargo, Goldman Sachs, Citigroup and JP Morgan rose between 0.4% and 0.5%.\nAmong meme stocks, IronNet more than doubled in value in premarket trading after the cybersecurity company was touted on Reddit and StockTwits. \nChinese technology stocks listed in the U.S. rose premarket, amid surprisingly strong trade data (see below), renewed demand for technology shares, the lack of new regulatory announcements and Tencent’s plans to buy back more shares. Alibaba (BABA) was up 2.35% and Didi (DIDI) gained 2.55%, while Baidu (BIDU) gains 3.33%.\n\nStocks making the biggest moves premarket:\n\nAlcoa (AA) shares rise 2.9% premarket, catching up with the jump in aluminum prices seen on Monday when U.S. markets were closed.\nFarfetch (FTCH) drops 0.7% after Arete downgraded the stock to sell, citing China risks along with a drag to gross margin from Tmall fees.\nColumbia Property Trust Inc (CXP) jumped 15.8% after Pacific Investment Management Company said it would buy the company for $2.2 billion.\nInflaRx (IFRX) shares rally 23% after it was among the companies awarded grants in Germany for Covid-19 drug development.\nIronNet (IRNT) shares soar 106% with the stock being touted on Reddit and StockTwits.\nMatch Group (MTCH) surges 14% on being named to the S&P 500 Index.\nModerna (MRNA) declines 1.6% after report that Japan’s health ministry said that a man in his 40s died after receiving the biotech’s Covid-19 vaccine from production lots that are being recalled due to possible contamination\nVertex Pharmaceuticals fell 1.8% in early New York trading after Morgan Stanley cut its stock recommendation to underweight.\n\nThe world’s biggest economy remains “in good health” despite a recent increase in Covid-19 infections, according to Mark Haefele, chief investment officer at UBS Global Wealth. “This will support stocks, in our view, especially in cyclical industries like energy and financials,” Haefele said. “We continue to advise investors to position for reopening and recovery.”\nAnother thing that supports stocks is that the market is no longer expecting a Fed announcement about tapering in September, Esty Dwek, a global market strategist at Natixis Investment Managers, told Bloomberg Television. “Tapering doesn’t matter that much for markets. It’s priced in, it’s expected. But the reality is that interest rate hikes matter.” Justifying this view wasGoldman's latest GDP forecast cuton Monday, its third in the past month, which saw the bank trim its full-year 2021 GDP forecast to 5.7% from 6.0%.\nThe S&P 500 and the Nasdaq have gained around 1.5% each since Aug. 27 following dovish commentary from Fed Chair Jerome Powell at the Jackson Hole Symposium where he again said that a stable job market was an essential goal for the central bank to start pulling back monetary support.\nOptimism that the Fed will delay tapering was offset by concerns that the ECB could turn hawkish at its meeting this week: “There is a growing expectation that the European Central Bank could start talking about tapering its bond purchases sooner rather than later,” Ipek Ozkardeskaya, a senior analyst at Swissquote Group Holdings, wrote in a note. “The ECB hawks who have been in a retreat for the past year won’t stay quiet for longer facing the rising inflation threat.”\nAsian stocks climbed, driven by Japanese sharesthat extended a rally after the prime minister’s resignation announcement and a surge in Hong Kong-traded tech names.The MSCI Asia Pacific Index advanced as much as 0.5%, led by the communication-services and consumer-discretionary sectors. Japan’s Nikkei 225 Stock Average briefly broke above the 30,000 level for the first time since April as a reshuffle of the blue-chip gauge added to optimism stoked by potential policy changes that could come under a new national leader. Japanese Finance Minister Aso saidthey will consider compiling a budget with focus on digital, environmental policies, regional economies and ageing population.Furthermore, he doubts if Japan's finances would risk a weaker JPY and inflation, while he suggested it would be good for the next PM to boost government revenue and restrain spending (yes, he really said that).\nAdding to the good news was the report that Chinese export growth unexpectedly surged in August, allaying concerns the pandemic is delaying economic reopening and creating supply-chain bottlenecks. China's exports accelerated to 25.6% yoy in August, a sequential rebound of 3.3% in August vs. -0.3% in July. Imports rose 33.1% yoy in August, and grew 2.1% mom sa non-annualized in August (vs. -6.4% in July). Both exports and imports surprised to the upside despite the disruptions to operations at Ningbo port in August due to the local outbreak. Monthly trade surplus rose to $58.3bn in August.\nIn FX, the Bloomberg Dollar Spot Index erased losses as a rally in regional equities stalled and the greenback traded mixed versus its Group-of-10 peers, though most moves were relatively small.Australia’s dollar was the worst G-10 performer as it reversed an earlier gain after the central bank said it will maintain its debt purchases until at least-mid February,instead of an earlier target of November this year. Ten of 16 economists surveyed by Bloomberg had expected the RBA to defer scaling back quantitative easing. The central bank held its cash rate at 0.1% at the meeting. The euro was little changed, shrugging off data that showed investor confidence in the German economy declining for a fourth month amid worsening infection rates and global supply disruptions. The pound hovered ahead of U.K. Prime Minister Boris Johnson announcing a long-awaited plan to reform social care. If the “key interest rate does rise in the next year or so, it’s likely that any rise would be relatively limited,” Bank of England policy maker Michael Saunders said in a speech on Tuesday. Japanese government bond futures rose after a smooth auction of 30-year debt soothed sentiment toward the nation’s debt market. The yen traded in a narrow range.Emerging-market currencies weakened for the first time in three days as the dollar climbed along with U.S. yields.Higher-yielding currencies, including the South African rand and Russian ruble, led declines after outperforming peers last week on expectations for continuing monetary support from the Federal Reserve.\nIn rates, Treasury yields were cheaper by up to 4bp across 7- to 20-year sectors,with 10-year yields sit around 1.36%, mildly outperforming bunds while gilts trade slightly richer.Treasuries were pressured lower with losses led by intermediates out to long-end ahead of this week’s supply, which kicks off Tuesday with $58b 3-year note sale.  Mild risk-on in Asia spurred by China trade data beat saw stocks close higher and Treasuries trade heavy, adding to auction concessions. U.S. auction cycle includes 10- and 30-year offerings Wednesday and Thursday. Peripheral spreads have a marginal tightening bias to core; Spain underperformed slightly with focus today on issuance of the sovereign’s inaugural green bond.\nIn commodities, crude futures drift within Monday’s trading range. WTI hovers near $69. Brent near $72.50. Spot gold drops ~$10 to trade near $1,813/oz. LME copper underperforms peers with a 1% decline.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174660303,"gmtCreate":1627095424702,"gmtModify":1703484175318,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/174660303","repostId":"1181361922","repostType":4,"repost":{"id":"1181361922","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":1627050134,"share":"https://www.laohu8.com/m/news/1181361922?lang=&edition=full","pubTime":"2021-07-23 22:22","market":"us","language":"en","title":"Roku is up about 7%  in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1181361922","media":"Tiger Newspress","summary":"(July 23) Roku is up about 7% in morning trading. NBC Universal and Roku Partner to Bring All-New Im","content":"<p>(July 23)&nbsp;Roku is up about 7% in morning trading.&nbsp;NBC Universal and Roku Partner to Bring All-New Immersive <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> to the Roku Platform Ahead of 2020 Tokyo Olympics.</p>\n<p><img src=\"https://static.tigerbbs.com/64313b1342921f8efd7a1da7a3dd9593\" tg-width=\"903\" tg-height=\"542\" referrerpolicy=\"no-referrer\"></p>","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>Roku is up about 7%  in morning trading</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\">\nRoku is up about 7%  in morning trading\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\">2021-07-23 22:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July 23)&nbsp;Roku is up about 7% in morning trading.&nbsp;NBC Universal and Roku Partner to Bring All-New Immersive <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> to the Roku Platform Ahead of 2020 Tokyo Olympics.</p>\n<p><img src=\"https://static.tigerbbs.com/64313b1342921f8efd7a1da7a3dd9593\" tg-width=\"903\" tg-height=\"542\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181361922","content_text":"(July 23) Roku is up about 7% in morning trading. NBC Universal and Roku Partner to Bring All-New Immersive Experience to the Roku Platform Ahead of 2020 Tokyo Olympics.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125531803,"gmtCreate":1624679389602,"gmtModify":1703843485205,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"Great!","listText":"Great!","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/125531803","repostId":"1100072036","repostType":4,"repost":{"id":"1100072036","pubTimestamp":1624669285,"share":"https://www.laohu8.com/m/news/1100072036?lang=&edition=full","pubTime":"2021-06-26 09:01","market":"us","language":"en","title":"Tesla Stock Has Been on Fire This Week. Here Are 4 Reasons.","url":"https://stock-news.laohu8.com/highlight/detail?id=1100072036","media":"Barrons","summary":"Stock in electric-vehicle pioneer Tesla is on fire for seemingly no reason.There haven’t been any big,splashy upgrades that can explain the recent run. Shares have jumped almost 8% for the week and are on pace for their best week since April.Investors, rightly so, are wondering what’s going on. We found four reasons, outlined below.Many electric-vehicle stocks have been on a winning streak lately, beyond just Tesla. Coming into the week, shares of Chinese EV maker NIO were up 17% for the month.X","content":"<p>Stock in electric-vehicle pioneer&nbsp;Tesla&nbsp;is&nbsp;on fire&nbsp;for seemingly no reason.</p>\n<p>There haven’t been any big,splashy&nbsp;upgrades that can explain the recent run. Shares have jumped almost 8% for the week and are on pace for their best week since April.</p>\n<p>Investors, rightly so, are wondering what’s going on. We found four reasons, outlined below.</p>\n<p><b>Taking Cues From China</b></p>\n<p>Many electric-vehicle stocks have been on a winning streak lately, beyond just Tesla. Coming into the week, shares of Chinese EV maker&nbsp;NIO(NIO) were up 17% for the month.XPeng(XPEV) and&nbsp;Li Auto(LI) had gained 31% and 36%, respectively.</p>\n<p>Tesla, on the other hand, was down for the month of June coming into this week. But China is the world’s largest market for EVs, so when things are going well there, it bodes well for Tesla. It looks like some of the Chinese EV maker stocks’ shine has finally rubbed off on Tesla.</p>\n<p><b>Delivery Optimism</b></p>\n<p>The second reason is about second-quarter deliveries, after&nbsp;perceived weakness&nbsp;in Chinese delivery numbers. More recently, however, several&nbsp;reports&nbsp;have been popping up about Tesla working hard to deliver vehicles into the end of this month.</p>\n<p>“After a disaster start to the quarter for Tesla in China, the Street is reading the tea leaves as bullish for the month of June with momentum into [the second half],” Wedbush analyst&nbsp;Dan Ivestells&nbsp;Barron’s. He believes 900,000 deliveries is still possible for 2021. Wall Street is modeling about 825,000. Tesla delivered about 500,000 cars in 2020.</p>\n<p><b>Green Tidal Wave</b></p>\n<p>Ives has also written about a “green tidal wave” coming from the White House. President Joe Biden wants part of any infrastructure bill to include purchase incentives for EVs as well as charging infrastructure. A bill isn’t ready, but&nbsp;progress&nbsp;was made in Washington this week.</p>\n<p><b>Musk Tweeting, Again</b></p>\n<p>No search for the reason behind moves in Tesla stock would be complete without looking at CEO Elon Musk ‘s&nbsp;Twitter (TWTR) feed. He tweeted Friday that the updated full self-driving, or FSD, software and subscription pricing could roll out in as soon as a week.</p>\n<p>Tesla plans to offer its highest level of&nbsp;driver assistance, called full self-driving or FSD, on a subscription basis. It’s a new era for car companies, which don’t typically get to realize recurring revenue like software providers. Bulls have been waiting quite some time for the FSD subscription to arrive.</p>\n<p><b>What’s Next</b></p>\n<p>Next up for Tesla investors, after any FSD release, will be second-quarter delivery numbers and then earnings. Those data points come in July.</p>\n<p>Year to date, Tesla stock is still down about 4.8%, trailing behind comparable gains of the&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Has Been on Fire This Week. Here Are 4 Reasons.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Has Been on Fire This Week. Here Are 4 Reasons.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-gains-ev-elon-musk-51624638974?mod=hp_DAY_0><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock in electric-vehicle pioneer Tesla is on fire for seemingly no reason.\nThere haven’t been any big,splashy upgrades that can explain the recent run. Shares have jumped almost 8% for the week and ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-gains-ev-elon-musk-51624638974?mod=hp_DAY_0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-gains-ev-elon-musk-51624638974?mod=hp_DAY_0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100072036","content_text":"Stock in electric-vehicle pioneer Tesla is on fire for seemingly no reason.\nThere haven’t been any big,splashy upgrades that can explain the recent run. Shares have jumped almost 8% for the week and are on pace for their best week since April.\nInvestors, rightly so, are wondering what’s going on. We found four reasons, outlined below.\nTaking Cues From China\nMany electric-vehicle stocks have been on a winning streak lately, beyond just Tesla. Coming into the week, shares of Chinese EV maker NIO(NIO) were up 17% for the month.XPeng(XPEV) and Li Auto(LI) had gained 31% and 36%, respectively.\nTesla, on the other hand, was down for the month of June coming into this week. But China is the world’s largest market for EVs, so when things are going well there, it bodes well for Tesla. It looks like some of the Chinese EV maker stocks’ shine has finally rubbed off on Tesla.\nDelivery Optimism\nThe second reason is about second-quarter deliveries, after perceived weakness in Chinese delivery numbers. More recently, however, several reports have been popping up about Tesla working hard to deliver vehicles into the end of this month.\n“After a disaster start to the quarter for Tesla in China, the Street is reading the tea leaves as bullish for the month of June with momentum into [the second half],” Wedbush analyst Dan Ivestells Barron’s. He believes 900,000 deliveries is still possible for 2021. Wall Street is modeling about 825,000. Tesla delivered about 500,000 cars in 2020.\nGreen Tidal Wave\nIves has also written about a “green tidal wave” coming from the White House. President Joe Biden wants part of any infrastructure bill to include purchase incentives for EVs as well as charging infrastructure. A bill isn’t ready, but progress was made in Washington this week.\nMusk Tweeting, Again\nNo search for the reason behind moves in Tesla stock would be complete without looking at CEO Elon Musk ‘s Twitter (TWTR) feed. He tweeted Friday that the updated full self-driving, or FSD, software and subscription pricing could roll out in as soon as a week.\nTesla plans to offer its highest level of driver assistance, called full self-driving or FSD, on a subscription basis. It’s a new era for car companies, which don’t typically get to realize recurring revenue like software providers. Bulls have been waiting quite some time for the FSD subscription to arrive.\nWhat’s Next\nNext up for Tesla investors, after any FSD release, will be second-quarter delivery numbers and then earnings. Those data points come in July.\nYear to date, Tesla stock is still down about 4.8%, trailing behind comparable gains of the S&P 500 and Dow Jones Industrial Average.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048442697,"gmtCreate":1656251343719,"gmtModify":1676535792380,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048442697","repostId":"1134361631","repostType":2,"repost":{"id":"1134361631","pubTimestamp":1656239754,"share":"https://www.laohu8.com/m/news/1134361631?lang=&edition=full","pubTime":"2022-06-26 18:35","market":"us","language":"en","title":"Got $5,000? Buy and Hold These 3 Value Stocks for Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1134361631","media":"Motley Fool","summary":"KEY POINTSMeta Platforms has a lot of problems, but its stock is too cheap given its scale and advan","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>Meta Platforms has a lot of problems, but its stock is too cheap given its scale and advantages.</li><li>Micron trades near multiyear low multiples of its book value.</li><li>Bank of America can weather any storm and benefits from higher rates.</li></ul><p>In tough times, buying stocks with staying power at low prices can help you sleep at night and hold for the long term.</p><p>In a brutal bear market, one of the things that may allow you to sleep well at night is investing in value stocks. Value is a somewhat relative term, but generally, it denotes low-priced stocks based on a multiple of earnings or book value. While high-flying growth stocks trading at lofty multiples have huge downside potential if sentiment changes around their prospects, value stocks have a more solid ground on which to stand.</p><p>Right now, the following high-quality stocks have fallen to bargain levels. While their prices could fall further from here and results could suffer in the near term, these are resilient companies that should bounce back eventually, making them solid long-term picks for your portfolio today.</p><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></p><p>Warren Buffett once said, &#34;You pay a high price for a cheery consensus,&#34; and you couldn&#39;t get a less cheery consensus than investors have on Meta Platforms (META 7.19%) right now. Perhaps that&#39;s why the dominant social media platform with outstanding financial characteristics trades at less than 12 times earnings.</p><p>Meta&#39;s problems are many. Last year&#39;s iOS changes to Apple&#39;s Identity for Advertisers made Facebook&#39;s ad targeting less precise; ditto for a recent settlement with federal housing officials on Tuesday, by which Facebook will have to change its algorithms on housing, employment, and credit, to exclude certain characteristics around race, religion, and sex. These new regulations threaten Facebook&#39;s price per ad, since ads in these areas will be less targeted.</p><p>Then there&#39;s the TikTok threat. The ascendant short-video app has been eating into teenagers&#39; online engagement, at the expense of Facebook and Instagram. Meta&#39;s response? To make its app look more like TikTok. Management has been rolling out new changes to Facebook, which include showing more TikTok-like Reels, specifically from creators and not just immediate friends and family. A final change includes reintegrating Messenger into Facebook to mimic TikTok&#39;s messaging functionality.</p><p>Finally, investors have also soured on the company&#39;s metaverse bet; if we are in fact going into a slowdown or recession, as some predict, then spending tens of billions of dollars with no payoff for five or 10 years is not what investors want to see.</p><p>Yet if one is really looking out years, Meta&#39;s stock seems awfully cheap, and it has a history of successfully adapting its platform to counter rivals. In fact, backing out the company&#39;s losses from its Reality Labs metaverse segment, and operating profits would have been about 25% higher last quarter. That essentially means if the company stopped investing in the metaverse, it would trade around 10 times earnings. Meanwhile, Meta still had $44 billion in cash on its balance sheet, and it continues to repurchase stock. Meta&#39;s huge cash flows should also allow it to outspend TikTok in attracting creators to make more high-quality Reels for Facebook to counter TikTok&#39;s recent success.</p><p>Meanwhile, the overall digital advertising segment is still growing strongly, so even if Meta loses market share, it should still grow. And of course, there is always the possibility Facebook&#39;s new Reels feature actually finds success, just as Stories eventually defended Meta&#39;s platform against Snap. If that happens, shares could go significantly higher, as long as we don&#39;t have a long and deep recession.</p><p><a href=\"https://laohu8.com/S/MU\">Micron Technology</a></p><p>Micron Technology is one of only three manufacturers of DRAM memory and one of five manufacturers of NAND flash storage chips, with huge barriers to entry in this capital and research-intensive sector. Furthermore, the memory industry is set to grow over the long term, as memory use is growing not only in PCs an smartphones, but increasingly in memory-hungry data centers, industrial applications, and electric and autonomous vehicles. Moreover, Micron has been outperforming the industry in recent years, reaching today&#39;s most leading-edge nodes before rivals.</p><p>Yet when fears of a recession are in the air, Micron tends to sell off to very cheap levels. That&#39;s the case today, with the stock at around 1.3 times book value, and just seven times trailing earnings. Of course, since the price of memory fluctuates, Micron&#39;s cyclicality means its low P/E ratio doesn&#39;t tell us much. However, Micron&#39;s price-to-book ratio is now in the neighborhood of previous troughs.</p><p>Not only that, but as you can see, Micron&#39;s price-to-book valuation tends to bottom out at a higher level with each passing cycle. This is because greater and greater scale, consolidation among top memory producers over time, and the increasing difficulty of producing leading-edge supply has made memory companies more profitable, with margins reaching higher highs and lows through each cycle.</p><p>Not only that, but Micron&#39;s book value is also understated at the moment. The company is set to report its fiscal third-quarter earnings on June 30, in which it&#39;s expected to earn $2.46 per share. Subtracting out its $0.10 dividend, Micron should probably add about $2.36 to its book value per share, which would probably bring Micron&#39;s book value to around $45 at present. That means the current price-to-book ratio is really around 1.25.</p><p>No doubt, the next few quarters could be rough. But for long-term investors, this valuation could end up being a nice entry point, given the long-term growth trajectory for memory chips.</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a></p><p>Another stock that has cratered on cyclical fears is Bank of America (BAC 0.72%), which is Buffett&#39;s favorite bank. Bank of America currently trades at just 9.3 times earnings because of fears of an oncoming recession; however, the company is well positioned to ride out any particular storm. CEO Brian Moynihan has pursued a strategy of &#34;smart growth,&#34; selectively growing the business while keeping risk low. Charge-offs are currently near historic lows for the bank, and BofA&#39;s balance sheet is sound, with a Common Equity Tier 1 ratio of 10.4%.</p><p>Moreover, Bank of America&#39;s lending-centric model is more interest rate sensitive than most other large banks. Management said in its first-quarter presentation that a 100-basis-point parallel increase in rates would add about $5.4 billion in net interest income to the bank&#39;s revenues over 12 months, a 12% increase over its trailing 12-month figure. As mortgages and other rates have climbed recently, Bank of America should benefit, as that extra interest income will fall to its bottom line. While the bank&#39;s investment banking wing is currently suffering from a lack of new IPOs and debt issuances, Bank of America is less exposed there than are other large money-center banks.</p><p>The company also continues to wring costs out of its system, with non-financial expenses decreasing 1% compared with last year&#39;s first quarter, despite an increase in salaries. This has been a pleasant ongoing theme, as Bank of America continues to benefit from lower costs brought on through digital transformation. These cost reductions occurred even as the bank continued to grow its loan book 10% last quarter.</p><p>In all, Bank of America looks really cheap, but even if the worst happens, it looks as if it can weather the storm. Meanwhile, shareholders will continue to receive its 2.6% and growing dividend, along with share repurchases while they wait for the economic cycle to turn more positive.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Got $5,000? Buy and Hold These 3 Value Stocks for Years</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\">\nGot $5,000? Buy and Hold These 3 Value Stocks for Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-26 18:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/26/got-5000-buy-and-hold-these-3-value-stocks-for-yea/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSMeta Platforms has a lot of problems, but its stock is too cheap given its scale and advantages.Micron trades near multiyear low multiples of its book value.Bank of America can weather any ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/26/got-5000-buy-and-hold-these-3-value-stocks-for-yea/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BAC":"美国银行","MU":"美光科技","META":"Meta Platforms"},"source_url":"https://www.fool.com/investing/2022/06/26/got-5000-buy-and-hold-these-3-value-stocks-for-yea/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134361631","content_text":"KEY POINTSMeta Platforms has a lot of problems, but its stock is too cheap given its scale and advantages.Micron trades near multiyear low multiples of its book value.Bank of America can weather any storm and benefits from higher rates.In tough times, buying stocks with staying power at low prices can help you sleep at night and hold for the long term.In a brutal bear market, one of the things that may allow you to sleep well at night is investing in value stocks. Value is a somewhat relative term, but generally, it denotes low-priced stocks based on a multiple of earnings or book value. While high-flying growth stocks trading at lofty multiples have huge downside potential if sentiment changes around their prospects, value stocks have a more solid ground on which to stand.Right now, the following high-quality stocks have fallen to bargain levels. While their prices could fall further from here and results could suffer in the near term, these are resilient companies that should bounce back eventually, making them solid long-term picks for your portfolio today.Meta PlatformsWarren Buffett once said, \"You pay a high price for a cheery consensus,\" and you couldn't get a less cheery consensus than investors have on Meta Platforms (META 7.19%) right now. Perhaps that's why the dominant social media platform with outstanding financial characteristics trades at less than 12 times earnings.Meta's problems are many. Last year's iOS changes to Apple's Identity for Advertisers made Facebook's ad targeting less precise; ditto for a recent settlement with federal housing officials on Tuesday, by which Facebook will have to change its algorithms on housing, employment, and credit, to exclude certain characteristics around race, religion, and sex. These new regulations threaten Facebook's price per ad, since ads in these areas will be less targeted.Then there's the TikTok threat. The ascendant short-video app has been eating into teenagers' online engagement, at the expense of Facebook and Instagram. Meta's response? To make its app look more like TikTok. Management has been rolling out new changes to Facebook, which include showing more TikTok-like Reels, specifically from creators and not just immediate friends and family. A final change includes reintegrating Messenger into Facebook to mimic TikTok's messaging functionality.Finally, investors have also soured on the company's metaverse bet; if we are in fact going into a slowdown or recession, as some predict, then spending tens of billions of dollars with no payoff for five or 10 years is not what investors want to see.Yet if one is really looking out years, Meta's stock seems awfully cheap, and it has a history of successfully adapting its platform to counter rivals. In fact, backing out the company's losses from its Reality Labs metaverse segment, and operating profits would have been about 25% higher last quarter. That essentially means if the company stopped investing in the metaverse, it would trade around 10 times earnings. Meanwhile, Meta still had $44 billion in cash on its balance sheet, and it continues to repurchase stock. Meta's huge cash flows should also allow it to outspend TikTok in attracting creators to make more high-quality Reels for Facebook to counter TikTok's recent success.Meanwhile, the overall digital advertising segment is still growing strongly, so even if Meta loses market share, it should still grow. And of course, there is always the possibility Facebook's new Reels feature actually finds success, just as Stories eventually defended Meta's platform against Snap. If that happens, shares could go significantly higher, as long as we don't have a long and deep recession.Micron TechnologyMicron Technology is one of only three manufacturers of DRAM memory and one of five manufacturers of NAND flash storage chips, with huge barriers to entry in this capital and research-intensive sector. Furthermore, the memory industry is set to grow over the long term, as memory use is growing not only in PCs an smartphones, but increasingly in memory-hungry data centers, industrial applications, and electric and autonomous vehicles. Moreover, Micron has been outperforming the industry in recent years, reaching today's most leading-edge nodes before rivals.Yet when fears of a recession are in the air, Micron tends to sell off to very cheap levels. That's the case today, with the stock at around 1.3 times book value, and just seven times trailing earnings. Of course, since the price of memory fluctuates, Micron's cyclicality means its low P/E ratio doesn't tell us much. However, Micron's price-to-book ratio is now in the neighborhood of previous troughs.Not only that, but as you can see, Micron's price-to-book valuation tends to bottom out at a higher level with each passing cycle. This is because greater and greater scale, consolidation among top memory producers over time, and the increasing difficulty of producing leading-edge supply has made memory companies more profitable, with margins reaching higher highs and lows through each cycle.Not only that, but Micron's book value is also understated at the moment. The company is set to report its fiscal third-quarter earnings on June 30, in which it's expected to earn $2.46 per share. Subtracting out its $0.10 dividend, Micron should probably add about $2.36 to its book value per share, which would probably bring Micron's book value to around $45 at present. That means the current price-to-book ratio is really around 1.25.No doubt, the next few quarters could be rough. But for long-term investors, this valuation could end up being a nice entry point, given the long-term growth trajectory for memory chips.Bank of AmericaAnother stock that has cratered on cyclical fears is Bank of America (BAC 0.72%), which is Buffett's favorite bank. Bank of America currently trades at just 9.3 times earnings because of fears of an oncoming recession; however, the company is well positioned to ride out any particular storm. CEO Brian Moynihan has pursued a strategy of \"smart growth,\" selectively growing the business while keeping risk low. Charge-offs are currently near historic lows for the bank, and BofA's balance sheet is sound, with a Common Equity Tier 1 ratio of 10.4%.Moreover, Bank of America's lending-centric model is more interest rate sensitive than most other large banks. Management said in its first-quarter presentation that a 100-basis-point parallel increase in rates would add about $5.4 billion in net interest income to the bank's revenues over 12 months, a 12% increase over its trailing 12-month figure. As mortgages and other rates have climbed recently, Bank of America should benefit, as that extra interest income will fall to its bottom line. While the bank's investment banking wing is currently suffering from a lack of new IPOs and debt issuances, Bank of America is less exposed there than are other large money-center banks.The company also continues to wring costs out of its system, with non-financial expenses decreasing 1% compared with last year's first quarter, despite an increase in salaries. This has been a pleasant ongoing theme, as Bank of America continues to benefit from lower costs brought on through digital transformation. These cost reductions occurred even as the bank continued to grow its loan book 10% last quarter.In all, Bank of America looks really cheap, but even if the worst happens, it looks as if it can weather the storm. Meanwhile, shareholders will continue to receive its 2.6% and growing dividend, along with share repurchases while they wait for the economic cycle to turn more positive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9082606016,"gmtCreate":1650554826363,"gmtModify":1676534751222,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082606016","repostId":"1158268067","repostType":4,"repost":{"id":"1158268067","pubTimestamp":1650552563,"share":"https://www.laohu8.com/m/news/1158268067?lang=&edition=full","pubTime":"2022-04-21 22:49","market":"us","language":"en","title":"Why Is Mullen Automotive (MULN) Stock Climbing Again Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=1158268067","media":"InvestorPlace","summary":"Mullen Automotive(NASDAQ:MULN) stock was up more than 20% in morning trading on news that the electr","content":"<html><head></head><body><p><b>Mullen Automotive</b>(NASDAQ:<b><u>MULN</u></b>) stock was up more than 20% in morning trading on news that the electric vehicle company plans to conduct solid-state battery testing at an independent facility.</p><p>In a news release, Mullen Automotive said that it is carrying out solid-state polymer battery testing at the Battery Innovation Center (BIC) located in Indiana. BIC says that it focuses on the “rapid development, testing and commercialization of safe, reliable and lightweight energy storage systems.”</p><p>The announcement of the battery testing is the latest in a string of positive news from Mullen Automotive. However, despite today’s rise, MULN stock is down 71% year to date. Over the past 12 months, the company’s share price has declined 84%.</p><p>What Happened With MULN Stock</p><p>Mullen Automotive said that BIC willperform multiple testson its solid-state polymer battery, including a constant current discharge test used to determine the effective capacity of the battery; a peak power test that’s used to determine the sustained discharge power capability of a battery; and a constant power discharge test that helps to define the voltage versus power behavior of a battery. Taken together, the tests should help to determine the viability of Mullen Automotive’s solid-state batteries.</p><p>“We have begun working with the Battery Innovation Center located in Indiana to retest and certify our solid-state battery,” said David Michery, chief executive and chairman of Mullen Automotive, in the news release. “BIC is a well-respected battery laboratory, and we look forward to publishing their results related to cell testing coming up in May.”</p><p>Why It Matters</p><p>News of the solid-state battery tests is the latest in a string of positive announcements from Mullen Automotive. A week ago, the company said that it has started construction on its long-gestating battery plant. In a news release, the company said it has begun building electric vehicle battery packs to be used in its upcoming vehicles that include an electric cargo van, crossover vehicle and sportscar. Mullen says it is developing its own batteries to lessen its reliance on third-party suppliers and reduce risks associated with shortages that have hobbled automakers over the last year.</p><p>Additionally, MULN stock jumped 7% in a single trading day recently after the company announced that it has hired a former <b>Tesla</b>(NASDAQ:<b><u>TSLA</u></b>) executive in akey leadership position. John Taylor joined Mullen in the role of senior vice president of global manufacturing and strategic planning. Taylor is a veteran of the automotive industry and was one of the first 50 employees hired at Tesla. He rose through the ranks and eventually led Tesla’s advanced manufacturing engineering group. Mullen says he played a major role in developing Tesla’s first manufacturing plant in Fremont, California, and that he helped develop several of Tesla’s electric vehicles, including the Model S.</p><p>What’s Next for Mullen</p><p>While Mullen Automotive’s stock is rising today, investors should keep in mind that the company’s share price stock has continued to decline despite the recent announcements. In the past month, MULN stock has fallen 50%. Such a steep selloff in a short period of time should be cause for concern among investors. Proceed with caution.</p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Mullen Automotive (MULN) Stock Climbing Again Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Mullen Automotive (MULN) Stock Climbing Again Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-21 22:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/04/why-is-mullen-automotive-muln-stock-climbing-again-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mullen Automotive(NASDAQ:MULN) stock was up more than 20% in morning trading on news that the electric vehicle company plans to conduct solid-state battery testing at an independent facility.In a news...</p>\n\n<a href=\"https://investorplace.com/2022/04/why-is-mullen-automotive-muln-stock-climbing-again-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MULN":"Mullen Automotive"},"source_url":"https://investorplace.com/2022/04/why-is-mullen-automotive-muln-stock-climbing-again-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158268067","content_text":"Mullen Automotive(NASDAQ:MULN) stock was up more than 20% in morning trading on news that the electric vehicle company plans to conduct solid-state battery testing at an independent facility.In a news release, Mullen Automotive said that it is carrying out solid-state polymer battery testing at the Battery Innovation Center (BIC) located in Indiana. BIC says that it focuses on the “rapid development, testing and commercialization of safe, reliable and lightweight energy storage systems.”The announcement of the battery testing is the latest in a string of positive news from Mullen Automotive. However, despite today’s rise, MULN stock is down 71% year to date. Over the past 12 months, the company’s share price has declined 84%.What Happened With MULN StockMullen Automotive said that BIC willperform multiple testson its solid-state polymer battery, including a constant current discharge test used to determine the effective capacity of the battery; a peak power test that’s used to determine the sustained discharge power capability of a battery; and a constant power discharge test that helps to define the voltage versus power behavior of a battery. Taken together, the tests should help to determine the viability of Mullen Automotive’s solid-state batteries.“We have begun working with the Battery Innovation Center located in Indiana to retest and certify our solid-state battery,” said David Michery, chief executive and chairman of Mullen Automotive, in the news release. “BIC is a well-respected battery laboratory, and we look forward to publishing their results related to cell testing coming up in May.”Why It MattersNews of the solid-state battery tests is the latest in a string of positive announcements from Mullen Automotive. A week ago, the company said that it has started construction on its long-gestating battery plant. In a news release, the company said it has begun building electric vehicle battery packs to be used in its upcoming vehicles that include an electric cargo van, crossover vehicle and sportscar. Mullen says it is developing its own batteries to lessen its reliance on third-party suppliers and reduce risks associated with shortages that have hobbled automakers over the last year.Additionally, MULN stock jumped 7% in a single trading day recently after the company announced that it has hired a former Tesla(NASDAQ:TSLA) executive in akey leadership position. John Taylor joined Mullen in the role of senior vice president of global manufacturing and strategic planning. Taylor is a veteran of the automotive industry and was one of the first 50 employees hired at Tesla. He rose through the ranks and eventually led Tesla’s advanced manufacturing engineering group. Mullen says he played a major role in developing Tesla’s first manufacturing plant in Fremont, California, and that he helped develop several of Tesla’s electric vehicles, including the Model S.What’s Next for MullenWhile Mullen Automotive’s stock is rising today, investors should keep in mind that the company’s share price stock has continued to decline despite the recent announcements. In the past month, MULN stock has fallen 50%. Such a steep selloff in a short period of time should be cause for concern among investors. Proceed with caution.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809191758,"gmtCreate":1627351157574,"gmtModify":1703488134014,"author":{"id":"3586908956533728","authorId":"3586908956533728","name":"一支升GoGo","avatar":"https://static.tigerbbs.com/e6ded53fb5327ba12901b0349ca92704","crmLevel":1,"crmLevelSwitch":1},"themes":[],"htmlText":"✌","listText":"✌","text":"✌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/809191758","repostId":"2154640389","repostType":4,"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}