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2022-12-23

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@Cameron_Stewart: Corporate EBITDA $300 million with 5% annual growth at 15x EV / EBITDA. Might be pricing for the coming decline - Darden ...Corporate EBITDA $300 million with 5% annual growth - Value InvestingFrom Youtube: https://www.youtube.com/watch?v=WFlNxDTKKow

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data-views=\"0\"></v-v>","text":"$XIAOMI-W(01810)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9969197182","isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9932876969,"gmtCreate":1662936637951,"gmtModify":1676537163957,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":40,"repostSize":0,"link":"https://ttm.financial/post/9932876969","repostId":"1102881307","repostType":4,"repost":{"id":"1102881307","kind":"news","pubTimestamp":1662860442,"share":"https://ttm.financial/m/news/1102881307?lang=&edition=fundamental","pubTime":"2022-09-11 09:40","market":"us","language":"en","title":"Tesla Stock Will Rebound in the Not-Too-Distant Future","url":"https://stock-news.laohu8.com/highlight/detail?id=1102881307","media":"investorplace","summary":"Lately, the market has hit the brakes with its enthusiasm for Tesla (TSLA) stock.Even as macro uncertainties persist, the slide may not last long.Tesla's prospects remain bright in both the U.S. and C","content":"<html><head></head><body><ul><li>Lately, the market has hit the brakes with its enthusiasm for Tesla (<b>TSLA</b>) stock.</li><li>Even as macro uncertainties persist, the slide may not last long.</li><li>Tesla&#39;s prospects remain bright in both the U.S. and Chinese EV markets, shares may be soon ready to leave the charging station.</li></ul><p><img src=\"https://static.tigerbbs.com/4bd223feb5855139451d775a05924b9f\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Last month, excitement about its stock splits, and the expansion of U.S. electric vehicle (EV) tax credits, was enough to get investors fully charged up about<b>Tesla</b>(NASDAQ:<b>TSLA</b>) stock.</p><p>But so far this month, a cooldown in excitement (which I anticipated back in August) has played out. External factors like interest rates, inflation and the risk of a recession are keeping shares in the EV maker rangebound. This may carry on in the near term.</p><p>This doesn’t mean you should take a hard pass on Tesla. While it may not make another big leap immediately, shares stand to do so down the road.</p><p>Macro worries notwithstanding, the rapid adoption of EVs point to continued strong prospects ahead for this company, and for the stock. It may be getting close to exit the charging station. Let’s dive in, and find out why.</p><table><tbody><tr><td><b>TSLA</b></td><td><b>Tesla</b></td><td>$295.90</td></tr></tbody></table><h2>A Closer Look at TSLA Stock</h2><p>Overall market sentiment explains why Tesla shares find themselves rangebound at present. While there’s still positive news coming out of the company (more below), it’s not enough to counter the above-mentioned concerns.</p><p>Again, this could continue for now with TSLA stock. More talk about a 2023 recession could result in it giving back some more of its August gains. So too, could further rate hikes by the Federal Reserve.</p><p>Rising interest rates will make more investors skeptical about whether it’s justified for shares to sport such a high earnings multiple. Right now, it trades for 69x forward earnings.</p><p>Yet while this may make investing in Tesla frustrating at present, this frustration may not last long. Unlike growth stocks overall, which may take some time to begin their recovery, a rebound for high-quality EV plays like this one could arrive much sooner.</p><p>EV adoption in the U.S. and in China (the largest EV market) keeps accelerating. This may end up outweighing the fallout from a recession. It may not be certain but, digging into the data, it’s reasonable to believe that this scenario will play out.</p><h2>A Lot Points to Results Staying Strong</h2><p>Doom and gloom headlines may have you concerned about growth for TSLA stock in the coming year. However, a look at EV sales trends suggests otherwise. Now at5.3%of new car sales, U.S. EV adoption is occurring at afaster-than-anticipated rate.</p><p>This adoption rate is likely to continue climbing, as the expanded EV tax credit,courtesy of the Inflation Reduction Act, further bolsters demand.</p><p>The switch from buying gas-powered cars, to buying electric-powered ones, accelerated by the Federal Government’s financial incentives, may help counter the effect of belt-tightening among U.S. households.</p><p>Over in China, talk about a slowdown in the world’s second-largest economy may have you concerned that growth in Tesla’s key international market will take a big hit.</p><p>Yet just last month, Tesla sawa significant increasein deliveries and sales from its Shanghai gigafactory. With things at this facility firing on all cylinders, the EV maker is now operating at maximum production capacity.</p><p>This leaves it well-positioned to sell into demand, robust due to thebig increase in EV penetration of the global auto market. All of this points to the company continuing to meet/beat expectations with its fiscal results.</p><h2>The TSLA Stock Takeaway</h2><p>Tesla stock continues to earn a B rating in my<i>Portfolio Grader</i>. It may not happen right this second, but a breakout may be around the corner for shares. One could occur within the next few months. Either when it next reports earnings in October, or when it reports full-year results in January.</p><p>Although this may not satisfy impatient investors, these are more promising prospects for other growth plays. Secular EV growth trends may enable it to deliver the results needed to sustain and grow its stock price.</p><p>Other high-fliers struggling right now may face a far longer timeline to a comeback. Instead of a mere few months,it could take a year, or even longer, to get out of rangebound mode, and back into high-flying mode.</p><p>TSLA stock remains an EV play worth holding onto, and a name to consider buying. Whether now or on further weakness.</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>Tesla Stock Will Rebound in the Not-Too-Distant Future</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 Will Rebound in the Not-Too-Distant Future\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-11 09:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/tsla-stock-will-rebound-in-the-not-too-distant-future/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lately, the market has hit the brakes with its enthusiasm for Tesla (TSLA) stock.Even as macro uncertainties persist, the slide may not last long.Tesla's prospects remain bright in both the U.S. and ...</p>\n\n<a href=\"https://investorplace.com/2022/09/tsla-stock-will-rebound-in-the-not-too-distant-future/\">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://investorplace.com/2022/09/tsla-stock-will-rebound-in-the-not-too-distant-future/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102881307","content_text":"Lately, the market has hit the brakes with its enthusiasm for Tesla (TSLA) stock.Even as macro uncertainties persist, the slide may not last long.Tesla's prospects remain bright in both the U.S. and Chinese EV markets, shares may be soon ready to leave the charging station.Last month, excitement about its stock splits, and the expansion of U.S. electric vehicle (EV) tax credits, was enough to get investors fully charged up aboutTesla(NASDAQ:TSLA) stock.But so far this month, a cooldown in excitement (which I anticipated back in August) has played out. External factors like interest rates, inflation and the risk of a recession are keeping shares in the EV maker rangebound. This may carry on in the near term.This doesn’t mean you should take a hard pass on Tesla. While it may not make another big leap immediately, shares stand to do so down the road.Macro worries notwithstanding, the rapid adoption of EVs point to continued strong prospects ahead for this company, and for the stock. It may be getting close to exit the charging station. Let’s dive in, and find out why.TSLATesla$295.90A Closer Look at TSLA StockOverall market sentiment explains why Tesla shares find themselves rangebound at present. While there’s still positive news coming out of the company (more below), it’s not enough to counter the above-mentioned concerns.Again, this could continue for now with TSLA stock. More talk about a 2023 recession could result in it giving back some more of its August gains. So too, could further rate hikes by the Federal Reserve.Rising interest rates will make more investors skeptical about whether it’s justified for shares to sport such a high earnings multiple. Right now, it trades for 69x forward earnings.Yet while this may make investing in Tesla frustrating at present, this frustration may not last long. Unlike growth stocks overall, which may take some time to begin their recovery, a rebound for high-quality EV plays like this one could arrive much sooner.EV adoption in the U.S. and in China (the largest EV market) keeps accelerating. This may end up outweighing the fallout from a recession. It may not be certain but, digging into the data, it’s reasonable to believe that this scenario will play out.A Lot Points to Results Staying StrongDoom and gloom headlines may have you concerned about growth for TSLA stock in the coming year. However, a look at EV sales trends suggests otherwise. Now at5.3%of new car sales, U.S. EV adoption is occurring at afaster-than-anticipated rate.This adoption rate is likely to continue climbing, as the expanded EV tax credit,courtesy of the Inflation Reduction Act, further bolsters demand.The switch from buying gas-powered cars, to buying electric-powered ones, accelerated by the Federal Government’s financial incentives, may help counter the effect of belt-tightening among U.S. households.Over in China, talk about a slowdown in the world’s second-largest economy may have you concerned that growth in Tesla’s key international market will take a big hit.Yet just last month, Tesla sawa significant increasein deliveries and sales from its Shanghai gigafactory. With things at this facility firing on all cylinders, the EV maker is now operating at maximum production capacity.This leaves it well-positioned to sell into demand, robust due to thebig increase in EV penetration of the global auto market. All of this points to the company continuing to meet/beat expectations with its fiscal results.The TSLA Stock TakeawayTesla stock continues to earn a B rating in myPortfolio Grader. It may not happen right this second, but a breakout may be around the corner for shares. One could occur within the next few months. Either when it next reports earnings in October, or when it reports full-year results in January.Although this may not satisfy impatient investors, these are more promising prospects for other growth plays. Secular EV growth trends may enable it to deliver the results needed to sustain and grow its stock price.Other high-fliers struggling right now may face a far longer timeline to a comeback. Instead of a mere few months,it could take a year, or even longer, to get out of rangebound mode, and back into high-flying mode.TSLA stock remains an EV play worth holding onto, and a name to consider buying. Whether now or on further weakness.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"content":"like & comment please","text":"like & comment please","html":"like & comment please"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932871939,"gmtCreate":1662936585121,"gmtModify":1676537163898,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":17,"repostSize":0,"link":"https://ttm.financial/post/9932871939","repostId":"2266817381","repostType":4,"repost":{"id":"2266817381","kind":"highlight","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":1662861434,"share":"https://ttm.financial/m/news/2266817381?lang=&edition=fundamental","pubTime":"2022-09-11 09:57","market":"us","language":"en","title":"How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2266817381","media":"Dow Jones","summary":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oi","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow a CEO Rescued a Big Bet on Big Oil; \"There Were a Lot of Doubters\"\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\">2022-09-11 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/be5cb2e717152d9e61504d0803ac3654\" tg-width=\"1278\" tg-height=\"1278\" referrerpolicy=\"no-referrer\"/>Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.</p><p>Two years later, the company has emerged as the top performer in the S&amp;P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.</p><p>It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.</p><p>Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.</p><p><img src=\"https://static.tigerbbs.com/61847881fba325e1dc5c7ed3280e29db\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/>Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.</p><p>But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”</p><p>Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.</p><p>Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.</p><p>Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.</p><p>“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”</p><p>A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf58d7d767a23cfb352e019504bafa44\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERS</span></p><p>Ms. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.</p><p>After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.</p><p>She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.</p><p>Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”</p><p>Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/58cf5cd81991220ec1f42821cee2554b\" tg-width=\"639\" tg-height=\"959\" referrerpolicy=\"no-referrer\"/><span>Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNAL</span></p><p>But she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.</p><p>Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.</p><p>By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”</p><p>Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.</p><p>As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9090db9eab1ac4c91bd5b1b441d26206\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGES</span></p><p>Every day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.</p><p>Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&amp;P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.</p><p>Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.</p><p>Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.</p><p>Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.</p><p>After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.</p><p>Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.</p><p>Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”</p><p>Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3af2c050a88b00dd9846de958b65be1b\" tg-width=\"1260\" tg-height=\"840\" referrerpolicy=\"no-referrer\"/><span>A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERS</span></p><p>As the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&amp;P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.</p><p>Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.</p><p>In 2020, she traveled to Omaha to discuss Occidental&#39;s long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company&#39;s goal to become a leader in carbon capture, this person said.</p><p>Occidental says it has no plans to stop producing oil but also aims to be a leader in &#34;carbon management.&#34; It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.</p><p>Then, in late February of this year, Russia invaded Ukraine.</p><p>The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&amp;P Capital IQ.</p><p>The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.</p><p>As Occidental&#39;s stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor&#39;s two representatives on Occidental&#39;s board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.</p><p>As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.</p><p>Mr. Icahn said that Mr. Buffett&#39;s investment could be ill-timed. &#34;I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,&#34; he said. &#34;I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,&#34; he said.</p><p>Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.</p><p>Mr. Icahn&#39;s retort: &#34;She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4176":"多领域控股","BRK.A":"伯克希尔","BK4550":"红杉资本持仓","BK4581":"高盛持仓","BK4201":"综合性石油与天然气企业","OXY":"西方石油","BK4533":"AQR资本管理(全球第二大对冲基金)","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266817381","content_text":"Occidental Petroleum Corp. entered the thick of the pandemic among the worst prepared of its U.S. oil-and-gas peers. Struggling with debt from an ill-timed $38 billion deal, Chief ExecutiveVicki Hollubwas fending off activist investorCarl Icahn, who controlled two board seats.Two years later, the company has emerged as the top performer in the S&P 500, and Ms. Hollub has traded Mr. Icahn, who sold all of his Occidental shares in March, for Warren Buffett, whoseBerkshire Hathaway Inc. now owns more than 20% of the company.It was touch and go for a time. Months before the pandemic took hold, she implemented widespread layoffs. To stave off bankruptcy after oil prices collapsed in 2020, she slashed spending and nearly eliminated Occidental’s once-sacrosanct dividend—“the biggest and toughest decision that I made and I’ve ever made in my career,” she said in an interview.Her 2019 acquisition of rival Anadarko Petroleum Corp., which Mr. Icahn called a “disaster,” has given Occidental the dominant position in the largest U.S. shale-oil field, the Permian Basin. Lifted by climbing oil prices, Occidental generated a record $4.35 billion in free cash flow and $3.7 billion in profit in the second quarter. It has cut its debt to $22 billion from nearly $36 billion a year ago.Oil-and-gas producers have reported banner profits this year, even as a global energy crisis sparked by Russia’s invasion of Ukraine has threatened to derail European industries, left the U.K. facing its worst economic crisis since the 1970s and forced the Netherlands, Germany and India to rely heavily on coal to make up for a dearth of natural gas.But Ms. Hollub, the first woman to be CEO of a major U.S. oil company, says she doesn’t feel vindicated. “I just feel relief,” she said. “There were a lot of doubters.”Mr. Buffett has publicly lauded Ms. Hollub’s leadership. After she detailed the company’s future plans for analysts in February, Mr. Buffett told his own shareholders, “What Vicki Hollub was saying made nothing but sense.” Last month, Berkshire received regulatory approval to buy up to 50% of the oil company’s shares, spurring speculation it might seek to purchase all of Occidental.Mr. Buffett declined to comment for this story. Ms. Hollub said she has “tremendous respect” for Mr. Buffett, adding that “he will be very beneficial for us as we go forward.” She declined to discuss the possibility of Berkshire purchasing the entire company.Some former investors remain skeptical, saying a spike in oil prices has rescued the company, not Ms. Hollub.“I have nothing personal against Vicki,” Mr. Icahn said in an interview. “However, that will never change my mind that she should not have made a bet-the-company investment by way of overpaying for Anadarko.”A University of Alabama graduate, Ms. Hollub joined Occidental in 1982 and soon found herself running operations in Russia and Venezuela. She almost got laid off in 2003, butTodd Stevens, an executive at the company who had followed her rise, arranged for her to lead a team evaluating acreage in Colorado, said Mr. Stevens, who has since left.Equipment used to process carbon dioxide, crude oil and water at an Occidental Petroleum project in Hobbs, N.M.PHOTO:ERNEST SCHEYDER/REUTERSMs. Hollub became known as a hard worker, once spending three weeks straightening out operations at a new gas field’s first well, said Donnie Enns, a former geophysicist who worked under her. “Nobody worked harder than Vicki,” he said. She also found time to run an office March Madness basketball pool.After being named CEO of the company in 2016, Ms. Hollub departed from her predecessor’s preference for low-risk, “bolt-on” transactions. A little over a year into the job, she started courting Anadarko, an oil producer of comparable size, for a deal.She outflanked largerChevronCorp. in a bidding war that riveted the oil patch, offering $5 billion more than her rival for Anadarko and its prized assets in the epicenter of U.S. shale production. Yet victory came at a steep cost.Some of Occidental’s largest shareholders decried the deal—especially a pricey loan from Mr. Buffett in the form of $10 billion in preferred stock paying 8% annually in dividends, or $800 million. Ms. Hollub negotiated the funding at the eleventh hour after meeting with the financier in Omaha, Neb. Mr. Icahn, who first bought stock as the Anadarko bidding war came to a close, wrote to Occidental shareholders that “Buffett figuratively took her to the cleaners.”Ms. Hollub acknowledged the deal damaged the company’s standing with some investors. “I was never offended at the fact that our shareholders were skeptical,” she said.Vicki Hollub said she never doubted the wisdom of the Anadarko acquisition.PHOTO:ANGELA OWENS/THE WALL STREET JOURNALBut she said she never doubted the wisdom of the acquisition, even after it sparked an investor revolt that created an opportunity for Mr. Icahn.Central to Ms. Hollub’s strategy was building on Occidental’s already-large position in the oil-rich Permian of West Texas and New Mexico. She believed purchasing and drilling a huge swath of new acreage, much of it near the company’s existing assets, would give Occidental economies of scale and allow it to outperform Permian rivals. Occidental, she said, was one of the most technologically advanced drillers in the field; it would turn Anadarko’s undeveloped assets into oil-gushing wells.By the end of 2019, the oil producer said it was making progress on its merger goals. It had divested itself of more than $6 billion in assets, including stakes in a liquefied natural gas export project in Mozambique and in a Houston-based pipeline company. Occidental recorded single-day and monthly production records in the Permian and other oil fields. Occidental announced its 182nd consecutive quarterly dividend, which Ms. Hollub noted at the time that “few other companies can claim.”Ms. Hollub believed the merger was on track, but investors remained skeptical. From the time of Occidental’s counteroffer for Anadarko in April 2019 to February 2020 Occidental’s stock fell around 35%. Then the global pandemic took hold.As billions of people around the world began to lock down, demand for oil plummeted. In the spring, oil prices reached historic lows, briefly turning negative for the first time ever as traders paid counterparties to take oil off their hands. Falling demand for their product hammered oil-and-gas companies, forcing dozens into bankruptcy.Gasoline prices sank in April 2020 after the global pandemic caused oil prices to drop below zero.PHOTO:FREDERIC J. BROWN/AGENCE FRANCE-PRESSE/GETTY IMAGESEvery day, Ms. Hollub would drive to Occidental’s Houston offices in her red Jeep Wrangler, said Glenn Vangolen, a former senior vice president at Occidental and close adviser to the CEO. Mondays and Fridays, she and her lieutenants would mask up and gather in a conference room to discuss operations. Her office was spartan—a mostly bare room, except for a TV playing business news on mute, and a plush stuffed version of a costumed elephant, the Alabama Crimson Tide’s mascot, Mr. Vangolen said.Occidental was in a worse situation than many of its peers: At the end of 2019, its long-term debt of about $39 billion was equivalent to roughly four times its earnings, excluding interest, taxes and other accounting items, quadruple the ratio from a year earlier, S&P Capital IQ data show. The divestitures it had planned on to pay it down were no longer viable as assets were losing value.Ms. Hollub said that Occidental made a lot of the difficult decisions before the pandemic to mitigate the downside risks of the Anadarko acquisition, including hedging a portion of its oil production and bumping its line of credit to $5 billion. But the company still faced painful months ahead as it had barely enough cash on hand to meet debt maturities coming due in 2021 and was later forced to hire restructuring advisers.Ms. Hollub moved to cut her executives’ salaries—including her own by 81%—offer employees voluntary buy-outs, slash expenses in the oil patch and cancel employee perks. She also cut the dividend, which rankled investors.Mr. Icahn amplified his calls for Ms. Hollub’s ouster and said he would seek to replace the entire board of directors at the company’s annual meeting. As the oil producer’s stock plunged to under $10 from around $45 before the pandemic, Mr. Icahn—facing paper losses of about $1 billion—doubled down on his shares, boosting his stake to roughly 10% from about 2%.After a price war between Russia and Saudi Arabia caused oil prices to plunge below $25 a barrel in March, Occidental reached a settlement with Mr. Icahn. The deal gave board seats to two of his deputies and added another director, required Occidental to create an oversight committee that must be informed of any offers to acquire the company or its assets, and replaced the board chairman withStephen Chazen, Ms. Hollub’s predecessor as CEO.Mr. Icahn’s camp pushed for Occidental to give its shareholders warrants that could allow them to buy discounted shares in the future. After he prevailed, Mr. Icahn received roughly 11 million warrants initially and bought more when they were worth around $3.Mr. Vangolen said Mr. Icahn’s demand for warrants was part of the investor’s “raider playbook,” which he described as “trying to extract as much cash out of the business as you can before you bail.”Mr. Icahn said that all the shareholders who rode the stock down deserved something for their loyalty.A crude oil pump jack in the Permian Basin in Loving County, Texas.PHOTO:ANGUS MORDANT/REUTERSAs the pandemic dragged on, Occidental logged a roughly $14.8 billion loss for 2020, its largest on record, according to S&P Capital IQ data. Still, it continued to whittle down its mammoth debt, closing around $2.5 billion in asset sales at the end of 2020. Anadarko’s assets, meanwhile, were starting to shine, with production in the Permian reaching the high end of company estimates.Even as Ms. Hollub wrestled with Mr. Icahn, she was building a relationship with Mr. Buffett.In 2020, she traveled to Omaha to discuss Occidental's long-term strategy with Mr. Buffett, according to a person familiar with the meeting. The investor expressed a strong interest in the company's goal to become a leader in carbon capture, this person said.Occidental says it has no plans to stop producing oil but also aims to be a leader in \"carbon management.\" It wants to develop 70 plants by 2035 to suck carbon dioxide out of the air, store it in the ground and sell carbon credits to businesses seeking to offset their own emissions -- a technology still in its commercial infancy that received a boost thanks to tax credits included in the climate package President Biden signed into law last month. The company also plans to use the gas to squeeze more oil from underground.Then, in late February of this year, Russia invaded Ukraine.The war propelled oil prices to their highest level in years, with Brent crude oil topping $120 in March, translating into a windfall for oil companies. In the first quarter of the year, Occidental made roughly $4.9 billion in profit, its highest quarterly earnings on record, according to S&P Capital IQ.The company now holds the most acreage across the Permian, with leases covering about 2.8 million net acres, according to data firm Enverus. Its domestic oil output in the second quarter of this year was up roughly 80% compared with before it acquired Anadarko, Occidental reported.As Occidental's stock rose above $50 a share in March, Mr. Icahn sold his common stake. The investor's two representatives on Occidental's board also resigned, as was required by the settlement agreement. Mr. Icahn made over $1.5 billion on his investment and still holds some warrants, according to public filings and people familiar with the matter.As Mr. Icahn got out of the stock, Mr. Buffett bought in. In May, Berkshire reported it had purchased roughly $8 billion worth of shares.Mr. Icahn said that Mr. Buffett's investment could be ill-timed. \"I respect Buffett a lot but I think buying this stock at this level is obviously not like buying warrants at $3,\" he said. \"I made a great deal of money on my investment in Occidental, especially with the warrants, and activism worked in that regard,\" he said.Ms. Hollub and Mr. Buffett have developed a personal relationship and the two talk periodically, said Mr. Vangolen. Ms. Hollub said in an interview she had no personal relationship with Mr. Icahn when he was an investor, and that he turned out not to be the kind of long-term shareholder the company prizes.Mr. Icahn's retort: \"She came very close to not being a long-term shareholder also, because her ill-timed investment put the company on the brink of bankruptcy.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":54,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938747443,"gmtCreate":1662680737483,"gmtModify":1676537114900,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/9938747443","repostId":"2266811667","repostType":4,"repost":{"id":"2266811667","kind":"highlight","pubTimestamp":1662679530,"share":"https://ttm.financial/m/news/2266811667?lang=&edition=fundamental","pubTime":"2022-09-09 07:25","market":"us","language":"en","title":"After-Hours Movers: DocuSign, Zscaler, Digital Media Solutions, Limoneira And More","url":"https://stock-news.laohu8.com/highlight/detail?id=2266811667","media":"StreetInsider","summary":"After-Hours Stock Movers:Digital Media Solutions, Inc. (NYSE: DMS) 71.1% HIGHER; announced that its board of directors has received an offer from Prism Data, LLC, an investment vehicle affiliated with","content":"<html><head></head><body><p><b>After-Hours Stock Movers:</b></p><p>Digital Media Solutions, Inc. (NYSE: DMS) 71.1% HIGHER; announced that its board of directors has received an offer from Prism Data, LLC, an investment vehicle affiliated with CEO Joseph Marinucci and COO Fernando Borghese, to acquire all of the outstanding Class A common stock of DMS for $2.50 per share in cash.</p><p><a href=\"https://laohu8.com/S/SWVL\">Swvl Holdings</a> Corp. (NASDAQ: SWVL) 29.2% HIGHER; Baird initiates coverage with an Outperform rating and a price target of $8.00.</p><p>DocuSign Inc. (NASDAQ: DOCU) 18.2% HIGHER; reported Q2 EPS of $0.44, $0.02 better than the analyst estimate of $0.42. Revenue for the quarter came in at $622.2 million versus the consensus estimate of $602 million. DocuSign Inc. sees FY2022 revenue of $2.470-2.482 billion, versus the consensus of $2.47 billion. DocuSign Inc. sees Q3 2022 revenue of $624-628 million, versus the consensus of $625 million.</p><p>Zscaler (NASDAQ: ZS) 12% HIGHER; reported Q4 EPS of $0.25, $0.04 better than the analyst estimate of $0.21. Revenue for the quarter came in at $318.1 million versus the consensus estimate of $305.43 million. Zscaler sees Q1 2023 EPS of $0.26. Zscaler sees Q1 2023 revenue of $339-341 million, versus the consensus of $324.8 million. Zscaler sees FY2023 EPS of $1.16-$1.18. Zscaler sees FY2023 revenue of $1.49-1.5 billion, versus the consensus of $1.47 billion</p><p>Limoneira (NASDAQ: LMNR) 10.3% HIGHER; reported Q3 EPS of $0.41, $0.17 better than the analyst estimate of $0.24. Revenue for the quarter came in at $58.9 million versus the consensus estimate of $51.39 million.</p><p>Zumiez, Inc. (NASDAQ: ZUMZ) 9.6% LOWER; reported Q2 EPS of $0.16, $0.31 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $220 million versus the consensus estimate of $232.71 million. Zumiez, Inc. sees Q3 2022 EPS of $0.03-$0.18, versus the consensus of $1.13. Zumiez, Inc. sees Q3 2022 revenue of $220-228 million, versus the consensus of $278.62 million.</p><p><a href=\"https://laohu8.com/S/RCM\">R1 RCM Inc.</a> (NASDAQ: RCM) 4.5% LOWER; announced the commencement of an underwritten public offering of 15,000,000 shares of its common stock by TCP-ASC ACHI Series LLLP</p><p>American Outdoor Brands (NASDAQ: AOUT) 7% LOWER; reported Q2 EPS of $0.01, $0.06 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $43.7 million versus the consensus estimate of $44.48 million.</p><p>Smith &amp; Wesson Brands (NASDAQ: SWBI) 5.5% LOWER; reported Q1 EPS of $0.11, $0.46 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $190.2 million versus the consensus estimate of $167.68 million.</p><p>Mission Produce (NASDAQ: AVO) 2.9% LOWER; reported Q3 EPS of $0.27, $0.03 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $313.2 million versus the consensus estimate of $292.93 million.</p><p>Lincoln Educational Services (NASDAQ: LINC) 2% HIGHER; Rosenblatt initiates coverage with a Buy rating and a price target of $8.00.</p><p>Valaris Limited (NYSE: VAL) 2% HIGHER; announced that its Board of Directors has authorized a share repurchase program under which the Company may purchase up to $100 million of Valaris’ outstanding common stock.</p><p><a href=\"https://laohu8.com/S/WALDU\">Waldencast Acquisition Corp.</a> (NASDAQ: WALD) 1.2% HIGHER; DA Davidson initiates coverage on with a Buy rating and a price target of $12.00.</p><p>Children&#39;s Place (NASDAQ: PLCE) 1.4% LOWER; Announced that Robert Helm, Chief Financial Officer, would be leaving the Company following a transition period of up to 30 days</p><p>National Beverage (NASDAQ: FIZZ) 0.8% LOWER; reported Q2 EPS of $0.38, $0.14 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $318.1 million versus the consensus estimate of $331.97 million.</p><p>RH (NYSE: RH) 0.3% LOWER; reported Q2 EPS of $8.08, $1.45 better than the analyst estimate of $6.63. Revenue for the quarter came in at $992 million versus the consensus estimate of $968.91 million.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After-Hours Movers: DocuSign, Zscaler, Digital Media Solutions, Limoneira And More</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter-Hours Movers: DocuSign, Zscaler, Digital Media Solutions, Limoneira And More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-09 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20566827><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:Digital Media Solutions, Inc. (NYSE: DMS) 71.1% HIGHER; announced that its board of directors has received an offer from Prism Data, LLC, an investment vehicle affiliated with...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20566827\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AOUT":"American Outdoor Brands, Inc.","FIZZ":"National Beverage Corp","RH":"Restoration Hardware Holdings","SWBI":"Smith And Wesson Brands Inc","RCM":"R1 RCM Inc.","SWVL":"Swvl Holdings","DOCU":"Docusign","ZS":"Zscaler Inc.","WALD":"Waldencast Acquisition Corp","DMS":"Digital Media Solution Inc","VAL":"华仕伯","ZUMZ":"Zumiez Inc","LINC":"林肯教育服务","LMNR":"Limoneira Co","PLCE":"儿童之家","AVO":"Mission Produce, Inc."},"source_url":"https://www.streetinsider.com/dr/news.php?id=20566827","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266811667","content_text":"After-Hours Stock Movers:Digital Media Solutions, Inc. (NYSE: DMS) 71.1% HIGHER; announced that its board of directors has received an offer from Prism Data, LLC, an investment vehicle affiliated with CEO Joseph Marinucci and COO Fernando Borghese, to acquire all of the outstanding Class A common stock of DMS for $2.50 per share in cash.Swvl Holdings Corp. (NASDAQ: SWVL) 29.2% HIGHER; Baird initiates coverage with an Outperform rating and a price target of $8.00.DocuSign Inc. (NASDAQ: DOCU) 18.2% HIGHER; reported Q2 EPS of $0.44, $0.02 better than the analyst estimate of $0.42. Revenue for the quarter came in at $622.2 million versus the consensus estimate of $602 million. DocuSign Inc. sees FY2022 revenue of $2.470-2.482 billion, versus the consensus of $2.47 billion. DocuSign Inc. sees Q3 2022 revenue of $624-628 million, versus the consensus of $625 million.Zscaler (NASDAQ: ZS) 12% HIGHER; reported Q4 EPS of $0.25, $0.04 better than the analyst estimate of $0.21. Revenue for the quarter came in at $318.1 million versus the consensus estimate of $305.43 million. Zscaler sees Q1 2023 EPS of $0.26. Zscaler sees Q1 2023 revenue of $339-341 million, versus the consensus of $324.8 million. Zscaler sees FY2023 EPS of $1.16-$1.18. Zscaler sees FY2023 revenue of $1.49-1.5 billion, versus the consensus of $1.47 billionLimoneira (NASDAQ: LMNR) 10.3% HIGHER; reported Q3 EPS of $0.41, $0.17 better than the analyst estimate of $0.24. Revenue for the quarter came in at $58.9 million versus the consensus estimate of $51.39 million.Zumiez, Inc. (NASDAQ: ZUMZ) 9.6% LOWER; reported Q2 EPS of $0.16, $0.31 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $220 million versus the consensus estimate of $232.71 million. Zumiez, Inc. sees Q3 2022 EPS of $0.03-$0.18, versus the consensus of $1.13. Zumiez, Inc. sees Q3 2022 revenue of $220-228 million, versus the consensus of $278.62 million.R1 RCM Inc. (NASDAQ: RCM) 4.5% LOWER; announced the commencement of an underwritten public offering of 15,000,000 shares of its common stock by TCP-ASC ACHI Series LLLPAmerican Outdoor Brands (NASDAQ: AOUT) 7% LOWER; reported Q2 EPS of $0.01, $0.06 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $43.7 million versus the consensus estimate of $44.48 million.Smith & Wesson Brands (NASDAQ: SWBI) 5.5% LOWER; reported Q1 EPS of $0.11, $0.46 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $190.2 million versus the consensus estimate of $167.68 million.Mission Produce (NASDAQ: AVO) 2.9% LOWER; reported Q3 EPS of $0.27, $0.03 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $313.2 million versus the consensus estimate of $292.93 million.Lincoln Educational Services (NASDAQ: LINC) 2% HIGHER; Rosenblatt initiates coverage with a Buy rating and a price target of $8.00.Valaris Limited (NYSE: VAL) 2% HIGHER; announced that its Board of Directors has authorized a share repurchase program under which the Company may purchase up to $100 million of Valaris’ outstanding common stock.Waldencast Acquisition Corp. (NASDAQ: WALD) 1.2% HIGHER; DA Davidson initiates coverage on with a Buy rating and a price target of $12.00.Children's Place (NASDAQ: PLCE) 1.4% LOWER; Announced that Robert Helm, Chief Financial Officer, would be leaving the Company following a transition period of up to 30 daysNational Beverage (NASDAQ: FIZZ) 0.8% LOWER; reported Q2 EPS of $0.38, $0.14 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $318.1 million versus the consensus estimate of $331.97 million.RH (NYSE: RH) 0.3% LOWER; reported Q2 EPS of $8.08, $1.45 better than the analyst estimate of $6.63. Revenue for the quarter came in at $992 million versus the consensus estimate of $968.91 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9988914258,"gmtCreate":1666654457874,"gmtModify":1676537783183,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TIGR\">$Tiger Brokers(TIGR)$</a><v-v data-views=\"1\"></v-v>","text":"$Tiger Brokers(TIGR)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":17,"repostSize":0,"link":"https://ttm.financial/post/9988914258","isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938770992,"gmtCreate":1662680751816,"gmtModify":1676537114908,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":13,"repostSize":0,"link":"https://ttm.financial/post/9938770992","repostId":"2266813339","repostType":4,"repost":{"id":"2266813339","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1662677960,"share":"https://ttm.financial/m/news/2266813339?lang=&edition=fundamental","pubTime":"2022-09-09 06:59","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Higher, Gains Driven By Banks, Healthcare","url":"https://stock-news.laohu8.com/highlight/detail?id=2266813339","media":"Reuters","summary":"* Powell reaffirms hawkish stance* Weekly jobless claims fall to 3-month low* Regeneron soars on positive trial update* Dow up 0.61%, S&P 500 up 0.66%, Nasdaq up 0.60%Sept 8 (Reuters) - Wall Street's ","content":"<html><head></head><body><p>* Powell reaffirms hawkish stance</p><p>* Weekly jobless claims fall to 3-month low</p><p>* Regeneron soars on positive trial update</p><p>* Dow up 0.61%, S&amp;P 500 up 0.66%, Nasdaq up 0.60%</p><p>Sept 8 (Reuters) - Wall Street&#39;s main indexes posted gains on Thursday mainly lifted by financial institutions and healthcare companies, as investors digested hawkish remarks from policymakers that cemented bets of a large interest rate hike later this month.</p><p>Indexes bounced back and forth in a choppy trading as concerns over Federal Reserve&#39;s next steps to tame a surging inflation remain.</p><p>&#34;There&#39;s just a lot of uncertainty and I think people aren&#39;t going to really make up their minds for longer than five minutes or five seconds, you know, until there&#39;s a little bit more clarity or light at the end of the tunnel,&#34; said Grace Lee, an equity income senior portfolio manager at Boston-based Columbia Threadneedle Investments.</p><p>Money market traders see 87% odds that the Fed will hike rates by 75 basis points at this month&#39;s meeting.</p><p>Bank of America, Barclays and Jefferies said they now see a 75-basis points interest rate hike. Before Barclays had said it could be a 50- or 75-basis point increase, while Bank of America and Jefferies were betting on a 50-basis point rise.</p><p>Federal Reserve Chair Jerome Powell said the central bank is &#34;strongly committed&#34; to bringing inflation down and needs to keep going until it gets the job done.</p><p>Chicago Fed President Charles Evans joined his fellow policymakers in saying that reining in inflation is &#34;job one.&#34;</p><p>Investors are also awaiting the U.S. August inflation report next week for fresh clues on whether the Federal Reserve will hike rates by half or three-quarters of a percentage point at the next policy meeting due Sept. 20-21.</p><p>Worries over aggressive monetary tightening across the globe stalled equity markets on Thursday after the European Central Bank hiked interest rates by an unprecedented 75 basis points and signaled further hikes.</p><p>Meanwhile, data showed the number of Americans filing new claims for unemployment benefits fell last week to a three-month low, underscoring the robustness of the labor market even as the Fed raises interest rates.</p><p>With increasing odds of another outsized rate hike, both the rate-sensitive S&amp;P 500 bank index and the S&amp;P 500 healthcare sector rose 2.8% and 1.8%, respectively.</p><p>The healthcare sector was boosted by news that Regeneron Pharmaceuticals Inc&#39;s anti-blindness treatment Eylea was shown to work as well when given at a higher dose at a longer interval between injections. The drugmaker&#39;s shares jumped 18.8%.</p><p>&#34;People are embracing safety. Healthcare is a very safe sector and it&#39;s still fairly cheap, the same way with the broader financial sector,&#34; said Lee.</p><p>The Dow Jones Industrial Average rose 193.24 points, or 0.61%, to 31,774.52, the S&amp;P 500 gained 26.31 points, or 0.66%, to 4,006.18 and the Nasdaq Composite added 70.23 points, or 0.6%, to 11,862.13.</p><p>GameStop Corp surged 7.4% after the video game retailer reported a smaller-than-expected quarterly loss.</p><p>American Eagle Outfitters Inc tumbled 8.7% after the apparel maker missed second-quarter profit estimates and said it would pause quarterly dividend as it fortifies its finances against a hit from inflation.</p><p>Volume on U.S. exchanges was 10.19 billion shares, compared with the 10.37 billion average for the full session over the last 20 trading days.</p><p>On Wednesday, Wall Street&#39;s main indexes climbed the most in about a month as bond yields retreated after a recent surge that was driven by expectations of higher interest rates. Still, the benchmark S&amp;P 500 is down over 16% year-to-date.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.34-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 7 new 52-week highs and 8 new lows; the Nasdaq Composite recorded 37 new highs and 153 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Ends Higher, Gains Driven By Banks, Healthcare</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\">\nUS STOCKS-Wall Street Ends Higher, Gains Driven By Banks, Healthcare\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-09 06:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Powell reaffirms hawkish stance</p><p>* Weekly jobless claims fall to 3-month low</p><p>* Regeneron soars on positive trial update</p><p>* Dow up 0.61%, S&amp;P 500 up 0.66%, Nasdaq up 0.60%</p><p>Sept 8 (Reuters) - Wall Street&#39;s main indexes posted gains on Thursday mainly lifted by financial institutions and healthcare companies, as investors digested hawkish remarks from policymakers that cemented bets of a large interest rate hike later this month.</p><p>Indexes bounced back and forth in a choppy trading as concerns over Federal Reserve&#39;s next steps to tame a surging inflation remain.</p><p>&#34;There&#39;s just a lot of uncertainty and I think people aren&#39;t going to really make up their minds for longer than five minutes or five seconds, you know, until there&#39;s a little bit more clarity or light at the end of the tunnel,&#34; said Grace Lee, an equity income senior portfolio manager at Boston-based Columbia Threadneedle Investments.</p><p>Money market traders see 87% odds that the Fed will hike rates by 75 basis points at this month&#39;s meeting.</p><p>Bank of America, Barclays and Jefferies said they now see a 75-basis points interest rate hike. Before Barclays had said it could be a 50- or 75-basis point increase, while Bank of America and Jefferies were betting on a 50-basis point rise.</p><p>Federal Reserve Chair Jerome Powell said the central bank is &#34;strongly committed&#34; to bringing inflation down and needs to keep going until it gets the job done.</p><p>Chicago Fed President Charles Evans joined his fellow policymakers in saying that reining in inflation is &#34;job one.&#34;</p><p>Investors are also awaiting the U.S. August inflation report next week for fresh clues on whether the Federal Reserve will hike rates by half or three-quarters of a percentage point at the next policy meeting due Sept. 20-21.</p><p>Worries over aggressive monetary tightening across the globe stalled equity markets on Thursday after the European Central Bank hiked interest rates by an unprecedented 75 basis points and signaled further hikes.</p><p>Meanwhile, data showed the number of Americans filing new claims for unemployment benefits fell last week to a three-month low, underscoring the robustness of the labor market even as the Fed raises interest rates.</p><p>With increasing odds of another outsized rate hike, both the rate-sensitive S&amp;P 500 bank index and the S&amp;P 500 healthcare sector rose 2.8% and 1.8%, respectively.</p><p>The healthcare sector was boosted by news that Regeneron Pharmaceuticals Inc&#39;s anti-blindness treatment Eylea was shown to work as well when given at a higher dose at a longer interval between injections. The drugmaker&#39;s shares jumped 18.8%.</p><p>&#34;People are embracing safety. Healthcare is a very safe sector and it&#39;s still fairly cheap, the same way with the broader financial sector,&#34; said Lee.</p><p>The Dow Jones Industrial Average rose 193.24 points, or 0.61%, to 31,774.52, the S&amp;P 500 gained 26.31 points, or 0.66%, to 4,006.18 and the Nasdaq Composite added 70.23 points, or 0.6%, to 11,862.13.</p><p>GameStop Corp surged 7.4% after the video game retailer reported a smaller-than-expected quarterly loss.</p><p>American Eagle Outfitters Inc tumbled 8.7% after the apparel maker missed second-quarter profit estimates and said it would pause quarterly dividend as it fortifies its finances against a hit from inflation.</p><p>Volume on U.S. exchanges was 10.19 billion shares, compared with the 10.37 billion average for the full session over the last 20 trading days.</p><p>On Wednesday, Wall Street&#39;s main indexes climbed the most in about a month as bond yields retreated after a recent surge that was driven by expectations of higher interest rates. Still, the benchmark S&amp;P 500 is down over 16% year-to-date.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.34-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 7 new 52-week highs and 8 new lows; the Nasdaq Composite recorded 37 new highs and 153 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","AEO":"美鹰服饰","COMP":"Compass, Inc.","GME":"游戏驿站",".IXIC":"NASDAQ Composite","REGN":"再生元制药公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2266813339","content_text":"* Powell reaffirms hawkish stance* Weekly jobless claims fall to 3-month low* Regeneron soars on positive trial update* Dow up 0.61%, S&P 500 up 0.66%, Nasdaq up 0.60%Sept 8 (Reuters) - Wall Street's main indexes posted gains on Thursday mainly lifted by financial institutions and healthcare companies, as investors digested hawkish remarks from policymakers that cemented bets of a large interest rate hike later this month.Indexes bounced back and forth in a choppy trading as concerns over Federal Reserve's next steps to tame a surging inflation remain.\"There's just a lot of uncertainty and I think people aren't going to really make up their minds for longer than five minutes or five seconds, you know, until there's a little bit more clarity or light at the end of the tunnel,\" said Grace Lee, an equity income senior portfolio manager at Boston-based Columbia Threadneedle Investments.Money market traders see 87% odds that the Fed will hike rates by 75 basis points at this month's meeting.Bank of America, Barclays and Jefferies said they now see a 75-basis points interest rate hike. Before Barclays had said it could be a 50- or 75-basis point increase, while Bank of America and Jefferies were betting on a 50-basis point rise.Federal Reserve Chair Jerome Powell said the central bank is \"strongly committed\" to bringing inflation down and needs to keep going until it gets the job done.Chicago Fed President Charles Evans joined his fellow policymakers in saying that reining in inflation is \"job one.\"Investors are also awaiting the U.S. August inflation report next week for fresh clues on whether the Federal Reserve will hike rates by half or three-quarters of a percentage point at the next policy meeting due Sept. 20-21.Worries over aggressive monetary tightening across the globe stalled equity markets on Thursday after the European Central Bank hiked interest rates by an unprecedented 75 basis points and signaled further hikes.Meanwhile, data showed the number of Americans filing new claims for unemployment benefits fell last week to a three-month low, underscoring the robustness of the labor market even as the Fed raises interest rates.With increasing odds of another outsized rate hike, both the rate-sensitive S&P 500 bank index and the S&P 500 healthcare sector rose 2.8% and 1.8%, respectively.The healthcare sector was boosted by news that Regeneron Pharmaceuticals Inc's anti-blindness treatment Eylea was shown to work as well when given at a higher dose at a longer interval between injections. The drugmaker's shares jumped 18.8%.\"People are embracing safety. Healthcare is a very safe sector and it's still fairly cheap, the same way with the broader financial sector,\" said Lee.The Dow Jones Industrial Average rose 193.24 points, or 0.61%, to 31,774.52, the S&P 500 gained 26.31 points, or 0.66%, to 4,006.18 and the Nasdaq Composite added 70.23 points, or 0.6%, to 11,862.13.GameStop Corp surged 7.4% after the video game retailer reported a smaller-than-expected quarterly loss.American Eagle Outfitters Inc tumbled 8.7% after the apparel maker missed second-quarter profit estimates and said it would pause quarterly dividend as it fortifies its finances against a hit from inflation.Volume on U.S. exchanges was 10.19 billion shares, compared with the 10.37 billion average for the full session over the last 20 trading days.On Wednesday, Wall Street's main indexes climbed the most in about a month as bond yields retreated after a recent surge that was driven by expectations of higher interest rates. Still, the benchmark S&P 500 is down over 16% year-to-date.Advancing issues outnumbered declining ones on the NYSE by a 1.34-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored advancers.The S&P 500 posted 7 new 52-week highs and 8 new lows; the Nasdaq Composite recorded 37 new highs and 153 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936746837,"gmtCreate":1662850055529,"gmtModify":1676537148413,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/9936746837","repostId":"1135709598","repostType":4,"repost":{"id":"1135709598","kind":"news","pubTimestamp":1662767710,"share":"https://ttm.financial/m/news/1135709598?lang=&edition=fundamental","pubTime":"2022-09-10 07:55","market":"sg","language":"en","title":"SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1135709598","media":"smart investor","summary":"Welcome to the latest edition of top stock highlights where we write on the latest business news and","content":"<html><head></head><body><p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.</p><h2><b>Singapore bank deposit rates</b></h2><p>Along with surging globalinterest rates, the trio of local banks has also jacked up its deposit rates to keep up.</p><p>Promotional interest rates on Singapore dollar (S$) fixed deposits have hit as high as 2.8% for a 24-month tenor.</p><p>At this level, the rate slightly surpasses the 2.6% one-year return for the latest Singapore Savings Bond.</p><p><b>United Overseas Bank Ltd</b>(SGX: U11), or UOB, is offering an attractive interest rate of 2.6% on its one-year S$ fixed deposit.</p><p>However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.</p><p><b>OCBC Ltd</b>(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.</p><p><b>DBS Group</b>(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.</p><p>Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.</p><h2><b>Nio Inc (SGX: NIO)</b></h2><p>Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&amp;D centre located in Shanghai.</p><p>The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).</p><p>Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered in 1Q2022.</p><p>For the first half of 2022 (1H2022), deliveries jumped 21.1% year on year from 41,956 to 50,827.</p><p>Total revenue increased by 21.8% year on year to RMB 10.3 billion for the quarter.</p><p>Gross margin, however, dipped from 18.6% in 2Q2021 to 13% due to an increase in delivery volume and higher material costs per vehicle.</p><p>Operating loss more than tripled year on year to RMB 2.8 billion as expenses such as research and development and selling costs surged higher.</p><p>Net loss ballooned from RMB 587.2 million a year ago to RMB 2.7 billion.</p><p>As of 30 June 2022, the electric car manufacturer had RMB 24.5 billion of cash along with RMB 30.5 billion of short and long-term investments.</p><p>Its total debt stood at RMB 20.3 billion, giving the company a net cash position of RMB 34.7 billion.</p><p>For 3Q2022, Nio expects to deliver between 31,000 and 33,000 vehicles, which would represent a 26.8% to 35% year on year increase.</p></body></html>","source":"lsy1602567310727","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>SGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings</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{ 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#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\">\nSGX Weekly Review: Singapore Banks Deposit Rates and Nio’s Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-10 07:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/><strong>smart investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行","O39.SI":"华侨银行","NIO.SI":"蔚来","STI.SI":"富时新加坡海峡指数","D05.SI":"星展集团控股"},"source_url":"https://thesmartinvestor.com.sg/top-stock-highlights-of-the-week-singapore-banks-deposit-rates-apples-iphone-14-launch-and-nios-earnings/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135709598","content_text":"Welcome to the latest edition of top stock highlights where we write on the latest business news and earnings.Singapore bank deposit ratesAlong with surging globalinterest rates, the trio of local banks has also jacked up its deposit rates to keep up.Promotional interest rates on Singapore dollar (S$) fixed deposits have hit as high as 2.8% for a 24-month tenor.At this level, the rate slightly surpasses the 2.6% one-year return for the latest Singapore Savings Bond.United Overseas Bank Ltd(SGX: U11), or UOB, is offering an attractive interest rate of 2.6% on its one-year S$ fixed deposit.However, due to a large surge in customers, the bank has imposed a limit of five fixed deposit placements per customer.OCBC Ltd(SGX: O39) wasn’t far behind as it offered a 2.3% interest rate for the same product with a similar tenor.DBS Group(SGX: D05), Singapore’s largest bank, has, however, kept its highest rate at 1.3% but this could change as its peers up their deposit rates to attract more funds.Although deposit rates are on the rise, investors should still feel confident that the lenders’ net interest margin will expand as new loans can be priced at much higher rates.Nio Inc (SGX: NIO)Nio is a Chinese electric vehicle manufacturer that produces smart electric vehicles and invests in innovative charging solutions with its headquarters and global R&D centre located in Shanghai.The company released its earnings and delivery update for the second quarter of 2022 (2Q2022).Nio delivered 25,059 vehicles in 2Q2022, up 14.4% year on year, and was in line with the 25,768 delivered in 1Q2022.For the first half of 2022 (1H2022), deliveries jumped 21.1% year on year from 41,956 to 50,827.Total revenue increased by 21.8% year on year to RMB 10.3 billion for the quarter.Gross margin, however, dipped from 18.6% in 2Q2021 to 13% due to an increase in delivery volume and higher material costs per vehicle.Operating loss more than tripled year on year to RMB 2.8 billion as expenses such as research and development and selling costs surged higher.Net loss ballooned from RMB 587.2 million a year ago to RMB 2.7 billion.As of 30 June 2022, the electric car manufacturer had RMB 24.5 billion of cash along with RMB 30.5 billion of short and long-term investments.Its total debt stood at RMB 20.3 billion, giving the company a net cash position of RMB 34.7 billion.For 3Q2022, Nio expects to deliver between 31,000 and 33,000 vehicles, which would represent a 26.8% to 35% year on year increase.","news_type":1},"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049759228,"gmtCreate":1655853319164,"gmtModify":1676535716176,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049759228","repostId":"2245254247","repostType":4,"repost":{"id":"2245254247","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1655852518,"share":"https://ttm.financial/m/news/2245254247?lang=&edition=fundamental","pubTime":"2022-06-22 07:01","market":"us","language":"en","title":"US STOCKS-Wall Street Gains Over 2% in Broad Rebound","url":"https://stock-news.laohu8.com/highlight/detail?id=2245254247","media":"Reuters","summary":"Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap grow","content":"<html><head></head><body><p>Wall Street&#39;s major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.</p><p>All 11 major S&amp;P 500    sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020.</p><p>Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation. The S&amp;P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.</p><p>&#34;Do I think we have hit bottom? No. I think we are going to see more volatility, I think the bottoming process will likely take some time,&#34; said Kristina Hooper, chief global market strategist at Invesco. &#34;But I do think it is a good sign to see investor interest.&#34;</p><p>The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, and the S&amp;P 500 gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite added 270.95 points, or 2.51%, at 11,069.30.</p><p>The energy sector, the top-gaining S&amp;P 500 sector this year, surged 5.1% after tumbling last week. Every sector gained at least 1%.</p><p>Megacap stocks Apple Inc, Tesla Inc and Microsoft Corp all rose solidly to give the biggest individual boosts to the S&amp;P 500. Apple rose 3.3%, Tesla jumped 9.4% and Microsoft added 2.5%.</p><p>The Fed last week approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.</p><p>Investors are pivoting to Fed Chair Jerome Powell&#39;s testimony to the U.S. Senate Banking Committee on Wednesday for clues on future interest rate hikes and his latest views on the economy.</p><p>Investors are &#34;trying to read the tea leaves to see how aggressive the Fed is going to get,&#34; said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. &#34;That&#39;s a hard question to answer right now because they are going to see what happens to the inflation story.&#34;</p><p>Meanwhile, Goldman Sachs now expects a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous forecast of 15%.</p><p>In company news, Kellogg Co shares rose about 2% after the breakfast cereal maker said it was splitting into three companies.</p><p><a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines</a> shares jumped 7.9% after JetBlue Airways said on Monday it sweetened its bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines&#39; proposal.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.66-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted <a href=\"https://laohu8.com/S/AONE.U\">one</a> new 52-week high and 32 new lows; the Nasdaq Composite recorded 37 new highs and 122 new lows.</p><p>About 12.4 billion shares changed hands in U.S. exchanges, in line with the 12.4 billion daily average over the last 20 sessions.</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>US STOCKS-Wall Street Gains Over 2% in Broad Rebound</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\">\nUS STOCKS-Wall Street Gains Over 2% in Broad Rebound\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-06-22 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street&#39;s major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.</p><p>All 11 major S&amp;P 500    sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020.</p><p>Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation. The S&amp;P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.</p><p>&#34;Do I think we have hit bottom? No. I think we are going to see more volatility, I think the bottoming process will likely take some time,&#34; said Kristina Hooper, chief global market strategist at Invesco. &#34;But I do think it is a good sign to see investor interest.&#34;</p><p>The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, and the S&amp;P 500 gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite added 270.95 points, or 2.51%, at 11,069.30.</p><p>The energy sector, the top-gaining S&amp;P 500 sector this year, surged 5.1% after tumbling last week. Every sector gained at least 1%.</p><p>Megacap stocks Apple Inc, Tesla Inc and Microsoft Corp all rose solidly to give the biggest individual boosts to the S&amp;P 500. Apple rose 3.3%, Tesla jumped 9.4% and Microsoft added 2.5%.</p><p>The Fed last week approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.</p><p>Investors are pivoting to Fed Chair Jerome Powell&#39;s testimony to the U.S. Senate Banking Committee on Wednesday for clues on future interest rate hikes and his latest views on the economy.</p><p>Investors are &#34;trying to read the tea leaves to see how aggressive the Fed is going to get,&#34; said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. &#34;That&#39;s a hard question to answer right now because they are going to see what happens to the inflation story.&#34;</p><p>Meanwhile, Goldman Sachs now expects a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous forecast of 15%.</p><p>In company news, Kellogg Co shares rose about 2% after the breakfast cereal maker said it was splitting into three companies.</p><p><a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines</a> shares jumped 7.9% after JetBlue Airways said on Monday it sweetened its bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines&#39; proposal.</p><p>Advancing issues outnumbered decliners on the NYSE by a 2.66-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted <a href=\"https://laohu8.com/S/AONE.U\">one</a> new 52-week high and 32 new lows; the Nasdaq Composite recorded 37 new highs and 122 new lows.</p><p>About 12.4 billion shares changed hands in U.S. exchanges, in line with the 12.4 billion daily average over the last 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2245254247","content_text":"Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.All 11 major S&P 500    sectors gained, as stocks rebounded broadly after the benchmark index last week logged its biggest weekly percentage decline since March 2020.Investors are trying to assess how far stocks can fall as they weigh risks to the economy with the Federal Reserve taking aggressive measures to try to tamp down surging inflation. The S&P 500 earlier this month fell over 20% from its January all-time high, confirming the common definition of a bear market.\"Do I think we have hit bottom? No. I think we are going to see more volatility, I think the bottoming process will likely take some time,\" said Kristina Hooper, chief global market strategist at Invesco. \"But I do think it is a good sign to see investor interest.\"The Dow Jones Industrial Average rose 641.47 points, or 2.15%, to 30,530.25, and the S&P 500 gained 89.95 points, or 2.45%, at 3,764.79. The Nasdaq Composite added 270.95 points, or 2.51%, at 11,069.30.The energy sector, the top-gaining S&P 500 sector this year, surged 5.1% after tumbling last week. Every sector gained at least 1%.Megacap stocks Apple Inc, Tesla Inc and Microsoft Corp all rose solidly to give the biggest individual boosts to the S&P 500. Apple rose 3.3%, Tesla jumped 9.4% and Microsoft added 2.5%.The Fed last week approved its largest interest rate increase in more than a quarter of a century to stem a surge in inflation.Investors are pivoting to Fed Chair Jerome Powell's testimony to the U.S. Senate Banking Committee on Wednesday for clues on future interest rate hikes and his latest views on the economy.Investors are \"trying to read the tea leaves to see how aggressive the Fed is going to get,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. \"That's a hard question to answer right now because they are going to see what happens to the inflation story.\"Meanwhile, Goldman Sachs now expects a 30% chance of the U.S. economy tipping into recession over the next year, up from its previous forecast of 15%.In company news, Kellogg Co shares rose about 2% after the breakfast cereal maker said it was splitting into three companies.Spirit Airlines shares jumped 7.9% after JetBlue Airways said on Monday it sweetened its bid to convince the ultra-low cost carrier to accept its offer over rival Frontier Airlines' proposal.Advancing issues outnumbered decliners on the NYSE by a 2.66-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 32 new lows; the Nasdaq Composite recorded 37 new highs and 122 new lows.About 12.4 billion shares changed hands in U.S. exchanges, in line with the 12.4 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932878526,"gmtCreate":1662936622665,"gmtModify":1676537163946,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":11,"repostSize":0,"link":"https://ttm.financial/post/9932878526","repostId":"1168017166","repostType":4,"repost":{"id":"1168017166","kind":"news","pubTimestamp":1662861884,"share":"https://ttm.financial/m/news/1168017166?lang=&edition=fundamental","pubTime":"2022-09-11 10:04","market":"us","language":"en","title":"Disney Boss Rejects Dan Loeb’s Calls to Spin off ESPN","url":"https://stock-news.laohu8.com/highlight/detail?id=1168017166","media":"Financial Times","summary":"Bob Chapek, Walt Disney chief executive, has rejected calls by activist investor Dan Loeb to sell or","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/00679153a5fcaf272c7dd3086b697c37\" tg-width=\"1400\" tg-height=\"788\" referrerpolicy=\"no-referrer\"/></p><p>Bob Chapek, Walt Disney chief executive, has rejected calls by activist investor Dan Loeb to sell or spin off the ESPN sports television network, vowing to restore the business to its onetime status as a growth engine of the company.</p><p>Loeb, whose Third Point hedge fund revealed in August that it had bought a $1bn stake in the company, called for ESPN to be spun off to reduce Disney’s debtload — just one element of a sweeping plan to shake up the media company.</p><p>In an interview with the FT, Chapek said Disney had been “deluged” with interest from companies seeking to buy ESPN earlier this year amid rumours that the company was weighing a sale of the cable network.</p><p>“If everyone wants to come in and buy it or spin it with us, I think that says something about its potential,” Chapek said. “I think its potential is within the Disney company.”</p><p>ESPN broadcasts live sports in the US, including games of the National Football League, National Basketball Association and Major League Baseball.</p><p>“We have a plan for it that will restore ESPN to its growth trajectory,” Chapek said. “When the rest of the world knows what our plans are they will be as confident about that proposition as we are.”</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a145f5f8f3be0effe2c12dfdbde647f3\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"/><span>Bob Chapek speaks at the 2022 Disney Legends Awards during Disney’s D23 Expo on Saturday © REUTERS</span></p><p>Chapek said he has “regular conversations” with Loeb, who also took a stake in Disney in 2020 that he sold early this year. He characterised the conversations as “very collaborative, non-antagonistic and collegial”, including around Loeb’s recommendations to change the composition of the Disney board.</p><p>He defended the board, saying that the average tenure is four years and has a broad “range of skillsets”.</p><p>But he added: “We’re so consistent with Dan’s thinking that everything he’s talked about are either things we have considered in the past or are considering for the future.”</p><p>Loeb has also called on Disney to purchase Comcast’s 33 per cent stake in the Hulu streaming service earlier than January 2024, when Disney has the option to purchase the remaining stake. Some analysts on Wall Street are also calling for Disney to settle the Hulu ownership soon.</p><p>Chapek said he would “love” to settle the matter sooner but that Comcast has seemed reluctant.</p><p>“We have talked to them numerous times over the past year-plus,” he said. “If that were in the cards we would love to do that, but it takes two to tango.” He noted that market sentiment has changed significantly since the agreement was struck, when investors were more bullish on streaming.</p><p>Chapek spoke on the sidelines of the annual D23 conference in Anaheim, California, where the company revealed its streaming and theatrical slate to thousands of Disney fans. Disney showed off trailers of two highly anticipated films coming this autumn, the Black Panther sequel Wakanda Forever and Avatar: The Way of Water.</p><p>It also previewed a run of original series on Disney Plus, including the Star Wars prequel Andor and the Marvel series Secret Invasion.</p><p>Chapek said the autumn slate represented the end of a Covid-induced production bottleneck. “This is our new steady state (of production),” he said, saying that both the pace of production and the size of its content budget — currently about $30bn — would remain level.</p><p>Disney has continued to add new customers to its streaming services this year, and by some measures its overall streaming operations have surpassed Netflix in subscribers. But Netflix’s revelation that it has lost more than 1mn subscribers this year has cast a pall over the entire streaming business, with investors growing concerned over high content spending and clamouring for a clear path to profitability.</p><p>Disney’s theme park business is also recovering strongly despite the closure of parks in China, analysts said. But shares are down 26.5 per cent this year, compared to a decline of 15.2 per cent for the S&amp;P 500.</p><p>Chapek said Disney has “commercial momentum that is enviable” both in its content and theme parks businesses, but was suffering from investor “malaise” around streaming due to Netflix’s problems.</p><p>“For a long time we benefited from being just like Netflix because we were a streaming company,” he said. “It’s not unexpected that we would get painted with the same brush [but] we’re not the same company.”</p></body></html>","source":"lsy1580170736413","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Disney Boss Rejects Dan Loeb’s Calls to Spin off ESPN</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\">\nDisney Boss Rejects Dan Loeb’s Calls to Spin off ESPN\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-11 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/78adc493-8d32-401f-afff-2dc3757c5c3c><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bob Chapek, Walt Disney chief executive, has rejected calls by activist investor Dan Loeb to sell or spin off the ESPN sports television network, vowing to restore the business to its onetime status ...</p>\n\n<a href=\"https://www.ft.com/content/78adc493-8d32-401f-afff-2dc3757c5c3c\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.ft.com/content/78adc493-8d32-401f-afff-2dc3757c5c3c","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168017166","content_text":"Bob Chapek, Walt Disney chief executive, has rejected calls by activist investor Dan Loeb to sell or spin off the ESPN sports television network, vowing to restore the business to its onetime status as a growth engine of the company.Loeb, whose Third Point hedge fund revealed in August that it had bought a $1bn stake in the company, called for ESPN to be spun off to reduce Disney’s debtload — just one element of a sweeping plan to shake up the media company.In an interview with the FT, Chapek said Disney had been “deluged” with interest from companies seeking to buy ESPN earlier this year amid rumours that the company was weighing a sale of the cable network.“If everyone wants to come in and buy it or spin it with us, I think that says something about its potential,” Chapek said. “I think its potential is within the Disney company.”ESPN broadcasts live sports in the US, including games of the National Football League, National Basketball Association and Major League Baseball.“We have a plan for it that will restore ESPN to its growth trajectory,” Chapek said. “When the rest of the world knows what our plans are they will be as confident about that proposition as we are.”Bob Chapek speaks at the 2022 Disney Legends Awards during Disney’s D23 Expo on Saturday © REUTERSChapek said he has “regular conversations” with Loeb, who also took a stake in Disney in 2020 that he sold early this year. He characterised the conversations as “very collaborative, non-antagonistic and collegial”, including around Loeb’s recommendations to change the composition of the Disney board.He defended the board, saying that the average tenure is four years and has a broad “range of skillsets”.But he added: “We’re so consistent with Dan’s thinking that everything he’s talked about are either things we have considered in the past or are considering for the future.”Loeb has also called on Disney to purchase Comcast’s 33 per cent stake in the Hulu streaming service earlier than January 2024, when Disney has the option to purchase the remaining stake. Some analysts on Wall Street are also calling for Disney to settle the Hulu ownership soon.Chapek said he would “love” to settle the matter sooner but that Comcast has seemed reluctant.“We have talked to them numerous times over the past year-plus,” he said. “If that were in the cards we would love to do that, but it takes two to tango.” He noted that market sentiment has changed significantly since the agreement was struck, when investors were more bullish on streaming.Chapek spoke on the sidelines of the annual D23 conference in Anaheim, California, where the company revealed its streaming and theatrical slate to thousands of Disney fans. Disney showed off trailers of two highly anticipated films coming this autumn, the Black Panther sequel Wakanda Forever and Avatar: The Way of Water.It also previewed a run of original series on Disney Plus, including the Star Wars prequel Andor and the Marvel series Secret Invasion.Chapek said the autumn slate represented the end of a Covid-induced production bottleneck. “This is our new steady state (of production),” he said, saying that both the pace of production and the size of its content budget — currently about $30bn — would remain level.Disney has continued to add new customers to its streaming services this year, and by some measures its overall streaming operations have surpassed Netflix in subscribers. But Netflix’s revelation that it has lost more than 1mn subscribers this year has cast a pall over the entire streaming business, with investors growing concerned over high content spending and clamouring for a clear path to profitability.Disney’s theme park business is also recovering strongly despite the closure of parks in China, analysts said. But shares are down 26.5 per cent this year, compared to a decline of 15.2 per cent for the S&P 500.Chapek said Disney has “commercial momentum that is enviable” both in its content and theme parks businesses, but was suffering from investor “malaise” around streaming due to Netflix’s problems.“For a long time we benefited from being just like Netflix because we were a streaming company,” he said. “It’s not unexpected that we would get painted with the same brush [but] we’re not the same company.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936746279,"gmtCreate":1662850078291,"gmtModify":1676537148421,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":12,"repostSize":0,"link":"https://ttm.financial/post/9936746279","repostId":"2266680007","repostType":4,"repost":{"id":"2266680007","kind":"highlight","pubTimestamp":1662766972,"share":"https://ttm.financial/m/news/2266680007?lang=&edition=fundamental","pubTime":"2022-09-10 07:42","market":"us","language":"en","title":"Musk Says Whistle-Blower Deal Lets Him Drop Twitter Purchase","url":"https://stock-news.laohu8.com/highlight/detail?id=2266680007","media":"Bloomberg","summary":"Elon Musk told Twitter Inc. that a $7 million severance payment to a whistle-blower who raised questions about problems at the company gives him another reason to walk away from his $44 billion purcha","content":"<html><head></head><body><p>Elon Musk told Twitter Inc. that a $7 million severance payment to a whistle-blower who raised questions about problems at the company gives him another reason to walk away from his $44 billion purchase of the social media platform.</p><p>Musk is trying to terminate his acquisition of Twitter after claiming the platform misled him and investors about the number of spam and bot accounts among its more than 230 million users. Twitter counters that Musk’s bot concerns are a pretext to get out of a deal in which the world’s richest person allegedly developed buyer’s remorse.</p><p>Musk’s lawyers, in a filing Friday, said as part of the purchase deal, Twitter needed to notify the billionaire before it spent $7.75 million in a separation agreement on June 28 with Peiter Zatko, the company’s former security chief. Musk’s lawyers said they learned of Zatko’s agreement Sept. 3 when Twitter filed paperwork in court. Zatko is scheduled to testify before a US Senate committee next week on his concerns about lax security, privacy issues and the number of bots on the platform. He has been subpoenaed to testify in the Twitter lawsuit, as well.</p><p>Both sides are gearing up for an October trial of Twitter’s lawsuit to force Musk to consummate the deal. Delaware Chancery Judge Kathaleen St. Jude McCormick on Wednesday approved Musk’s request to add Zatko’s allegations to his counterclaims. But she denied his bid to delay the trial.</p><p>Twitter representatives didn’t immediately respond to an emailed request for comment.</p><p>It’s the third time Musk has told Twitter officials he’s withdrawing his $54.20-per-share bid for the platform because of violations of the buyout agreement covering the transactions.</p><p>“This severance payment violated” the requirement that Twitter executives run the company “in the ordinary course of business” while the legal dispute over Musk’s efforts to torpedo the deal are hashed out.</p><p>The case is Twitter v. Musk, 22-0613, Delaware Chancery Court (Wilmington).</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Musk Says Whistle-Blower Deal Lets Him Drop Twitter Purchase</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\">\nMusk Says Whistle-Blower Deal Lets Him Drop Twitter Purchase\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-10 07:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/musk-says-whistle-blower-deal-224827327.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk told Twitter Inc. that a $7 million severance payment to a whistle-blower who raised questions about problems at the company gives him another reason to walk away from his $44 billion ...</p>\n\n<a href=\"https://finance.yahoo.com/news/musk-says-whistle-blower-deal-224827327.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4099":"汽车制造商","TWTR":"Twitter","BK4511":"特斯拉概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4574":"无人驾驶","BK4548":"巴美列捷福持仓","BK4508":"社交媒体","BK4551":"寇图资本持仓","BK4555":"新能源车","TSLA":"特斯拉","BK4534":"瑞士信贷持仓","BK4527":"明星科技股","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4581":"高盛持仓","BK4579":"人工智能","BK4077":"互动媒体与服务","BK4550":"红杉资本持仓","BK4516":"特朗普概念"},"source_url":"https://finance.yahoo.com/news/musk-says-whistle-blower-deal-224827327.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2266680007","content_text":"Elon Musk told Twitter Inc. that a $7 million severance payment to a whistle-blower who raised questions about problems at the company gives him another reason to walk away from his $44 billion purchase of the social media platform.Musk is trying to terminate his acquisition of Twitter after claiming the platform misled him and investors about the number of spam and bot accounts among its more than 230 million users. Twitter counters that Musk’s bot concerns are a pretext to get out of a deal in which the world’s richest person allegedly developed buyer’s remorse.Musk’s lawyers, in a filing Friday, said as part of the purchase deal, Twitter needed to notify the billionaire before it spent $7.75 million in a separation agreement on June 28 with Peiter Zatko, the company’s former security chief. Musk’s lawyers said they learned of Zatko’s agreement Sept. 3 when Twitter filed paperwork in court. Zatko is scheduled to testify before a US Senate committee next week on his concerns about lax security, privacy issues and the number of bots on the platform. He has been subpoenaed to testify in the Twitter lawsuit, as well.Both sides are gearing up for an October trial of Twitter’s lawsuit to force Musk to consummate the deal. Delaware Chancery Judge Kathaleen St. Jude McCormick on Wednesday approved Musk’s request to add Zatko’s allegations to his counterclaims. But she denied his bid to delay the trial.Twitter representatives didn’t immediately respond to an emailed request for comment.It’s the third time Musk has told Twitter officials he’s withdrawing his $54.20-per-share bid for the platform because of violations of the buyout agreement covering the transactions.“This severance payment violated” the requirement that Twitter executives run the company “in the ordinary course of business” while the legal dispute over Musk’s efforts to torpedo the deal are hashed out.The case is Twitter v. Musk, 22-0613, Delaware Chancery Court (Wilmington).","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931324192,"gmtCreate":1662418166216,"gmtModify":1676537053129,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/9931324192","repostId":"2265953702","repostType":4,"repost":{"id":"2265953702","kind":"highlight","pubTimestamp":1662478322,"share":"https://ttm.financial/m/news/2265953702?lang=&edition=fundamental","pubTime":"2022-09-06 23:32","market":"us","language":"en","title":"3 Stocks to Avoid This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2265953702","media":"Motley Fool","summary":"These investments seem pretty vulnerable right now.","content":"<html><head></head><body><p>It was another rough week to be the long the market, so let&#39;s see how my &#34;three stocks to avoid&#34; column fared last week. The three stocks I thought were going to lose to the market -- <b>Tesla Motors</b>, <b>Kirkland&#39;s</b>, and <b><a href=\"https://laohu8.com/S/VRA\">Vera Bradley</a></b> -- sank 6%, 3%, and 23%, respectively, averaging out to a 10.7% decline.</p><p>The <b>S&amp;P 500</b> experienced a 3.3% move lower. I was right. I have been correct in 30 of the past 46 weeks.</p><p>Now let&#39;s look at the week ahead. I see <b>RH</b>, <b>National Beverage</b>, and <b>Coinbase</b> as stocks you may want to consider steering clear of this week. Let&#39;s go over my near-term concerns with all three investments.</p><h2><b>1. RH</b></h2><p>Housewares specialists and furniture retailers have been feeling mortal lately. We&#39;ll see how the company formerly known as Restoration Hardware is holding up when it reports fresh quarterly results shortly after Thursday&#39;s market close. RH has carved a potent niche as a luxury lifestyles retailer, but even upscale players aren&#39;t immune to the inflationary pressures that find folks spending more on essentials like food, gas, and shelter.</p><p>June was brutal for the chain, as it hosed down its full-year guidance not once -- but twice. With market sentiment souring since June it&#39;s hard to fathom since getting better with this week&#39;s financial update.</p><p>RH was a big winner early in the pandemic, as hunkering down meant sprucing up digs and <a href=\"https://laohu8.com/S/ZM\">Zoom</a>. After seven consecutive quarters of double-digit sales growth, we&#39;ve hit a wall. Investors are bracing for a year-over-year decline for the current quarter as well as for the entire fiscal year.</p><h2><b>2. National Beverage</b></h2><p>The company behind La Croix hasn&#39;t been as fizzy as its signature sparkling water. Revenue growth has slowed dramatically lately, clocking in at a 4% compounded annual growth rate over the past three years. Analysts see single-digit top-line growth continuing in the near future. La Croix had its moment in the sun, but it&#39;s canned laughter these days with several companies diving into the flavored sparkling beverage niche.</p><p>National Beverage is expected to post quarterly results on Wednesday. The report may be more flat than fizz. It&#39;s not just the slowdown in revenue over the past few years. National Beverage has also fallen short of Wall Street&#39;s profit targets in each of the past four quarters.</p><h2><b>3. Coinbase</b></h2><p>A lot of slumping growth stocks have been bouncing back this summer, and Coinbase has made the most of the recovery. The stock is up 60% since bottoming out in May. The same can&#39;t be said about the cryptocurrency market.</p><p>Most crypto denominations are lower -- often <i>a lot</i> lower -- than they were in May. A few high-profile platforms buckled, rattling the faith of investors in digital currencies. Revenue has suffered big sequential declines in back-to-back quarters, and the market&#39;s banking on seeing that streak of quarter-over-quarter slides stretch to three periods soon.</p><p>It&#39;s going to be a bumpy road for some of these investments. If you&#39;re looking for safe stocks, you aren&#39;t likely to find them in RH, National Beverage, and Coinbase this week.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Avoid This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Avoid This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-06 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/05/3-stocks-to-avoid-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It was another rough week to be the long the market, so let's see how my \"three stocks to avoid\" column fared last week. The three stocks I thought were going to lose to the market -- Tesla Motors, ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/05/3-stocks-to-avoid-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RH":"Restoration Hardware Holdings","COIN":"Coinbase Global, Inc.","FIZZ":"National Beverage Corp"},"source_url":"https://www.fool.com/investing/2022/09/05/3-stocks-to-avoid-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265953702","content_text":"It was another rough week to be the long the market, so let's see how my \"three stocks to avoid\" column fared last week. The three stocks I thought were going to lose to the market -- Tesla Motors, Kirkland's, and Vera Bradley -- sank 6%, 3%, and 23%, respectively, averaging out to a 10.7% decline.The S&P 500 experienced a 3.3% move lower. I was right. I have been correct in 30 of the past 46 weeks.Now let's look at the week ahead. I see RH, National Beverage, and Coinbase as stocks you may want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.1. RHHousewares specialists and furniture retailers have been feeling mortal lately. We'll see how the company formerly known as Restoration Hardware is holding up when it reports fresh quarterly results shortly after Thursday's market close. RH has carved a potent niche as a luxury lifestyles retailer, but even upscale players aren't immune to the inflationary pressures that find folks spending more on essentials like food, gas, and shelter.June was brutal for the chain, as it hosed down its full-year guidance not once -- but twice. With market sentiment souring since June it's hard to fathom since getting better with this week's financial update.RH was a big winner early in the pandemic, as hunkering down meant sprucing up digs and Zoom. After seven consecutive quarters of double-digit sales growth, we've hit a wall. Investors are bracing for a year-over-year decline for the current quarter as well as for the entire fiscal year.2. National BeverageThe company behind La Croix hasn't been as fizzy as its signature sparkling water. Revenue growth has slowed dramatically lately, clocking in at a 4% compounded annual growth rate over the past three years. Analysts see single-digit top-line growth continuing in the near future. La Croix had its moment in the sun, but it's canned laughter these days with several companies diving into the flavored sparkling beverage niche.National Beverage is expected to post quarterly results on Wednesday. The report may be more flat than fizz. It's not just the slowdown in revenue over the past few years. National Beverage has also fallen short of Wall Street's profit targets in each of the past four quarters.3. CoinbaseA lot of slumping growth stocks have been bouncing back this summer, and Coinbase has made the most of the recovery. The stock is up 60% since bottoming out in May. The same can't be said about the cryptocurrency market.Most crypto denominations are lower -- often a lot lower -- than they were in May. A few high-profile platforms buckled, rattling the faith of investors in digital currencies. Revenue has suffered big sequential declines in back-to-back quarters, and the market's banking on seeing that streak of quarter-over-quarter slides stretch to three periods soon.It's going to be a bumpy road for some of these investments. If you're looking for safe stocks, you aren't likely to find them in RH, National Beverage, and Coinbase this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938146455,"gmtCreate":1662591533977,"gmtModify":1676537092960,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":11,"repostSize":0,"link":"https://ttm.financial/post/9938146455","repostId":"2265067759","repostType":4,"repost":{"id":"2265067759","kind":"highlight","pubTimestamp":1662564242,"share":"https://ttm.financial/m/news/2265067759?lang=&edition=fundamental","pubTime":"2022-09-07 23:24","market":"us","language":"en","title":"Prediction: These 2 Growth Stocks Could Soar 500% by 2032","url":"https://stock-news.laohu8.com/highlight/detail?id=2265067759","media":"Motley Fool","summary":"These growth stocks dominate their respective industries, and that could translate into monster returns for shareholders.","content":"<html><head></head><body><p>The stock market has not been kind to investors this year. The <b>S&amp;P 500</b> had its worst first half since 1970, and the <b>Nasdaq Composite</b> is currently 28% off its high. But the market has recovered from worse in the past, and there is no reason to believe this situation is any different. Eventually, the next bull market will erase those losses.</p><p>In the meantime, many beaten-down stocks are brimming with potential, and that creates a buying opportunity for patient investors. For instance, <b>Roku</b> and <b><a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a></b> could both grow sixfold over the next decade, meaning shareholders could see a 500% return by 2032.</p><p>Here&#39;s why.</p><h2>Roku: The top streaming platform in North America</h2><p>Streaming pioneer Roku struggled in the second quarter as the macroeconomic environment continued to deteriorate. High inflation blunted consumer spending, especially on smart TVs and other discretionary electronics, and many brands cut their ad budgets to compensate for that softness. However, those headwinds are temporary, and the long-term investment thesis is still intact.</p><p>Roku is the top streaming platform in the U.S., Canada, and Mexico in terms of engagement, and engagement is a critical metric for marketers. As a result, Roku captured nearly 45% of programmatic connected TV (CTV) ad spending in North America in June 2022, while second-place <b>Samsung </b>and third-place <b>Amazon</b> held just 17% and 12% market share, respectively.</p><p>Roku is working to strengthen that sizable lead with The Roku Channel, an ad-supported streaming service that features free movies, TV shows, and live linear channels dedicated to news and sports. Roku began adding original content to the mix last year, and the reception has been quite positive so far. In the second quarter, The Roku Channel once again ranked among the top five channels on the platform in the U.S.</p><p>Despite its disappointing performance of late, Roku has still delivered solid financial results over the last three years.</p><table><thead><tr><th><p>Metric</p></th><th><p>Q2 2019</p></th><th><p>Q2 2022</p></th><th><p>CAGR</p></th></tr></thead><tbody><tr><td width=\"156\"><p>Revenue (TTM)</p></td><td width=\"156\"><p>$905.9 million</p></td><td width=\"156\"><p>$3 billion</p></td><td width=\"156\"><p>50%</p></td></tr><tr><td width=\"156\"><p>Cash from operations (TTM)</p></td><td width=\"156\"><p>$39.4 million</p></td><td width=\"156\"><p>$73.4 million</p></td><td width=\"156\"><p>23%</p></td></tr></tbody></table><p>Data source: YCharts. TTM = trailing 12 months. CAGR = compound annual growth rate.</p><p>Looking ahead, The Roku Channel could be the source of a powerful network effect. As the most popular streaming platform in North America and Mexico, Roku should naturally capture an outsized portion of CTV ad spend in those geographies. That, in turn, should enhance its ability to license and create high-quality content for The Roku Channel, which should result in greater viewer engagement, bringing more ad dollars to its platform.</p><p>Building on that, CTV ad spend is poised for dramatic growth, both because viewers are moving away from traditional TV and because CTV ads can be targeted more effectively. In fact, CTV ad spend in the U.S. alone could reach $100 billion by 2030, up from $21 billion in 2021, according to BMO Capital Markets.</p><p>With that in mind, if Roku can deliver revenue growth of 20% per year over the next decade, its market cap could increase sixfold by 2032 (assuming a reasonable price-to-sale ratio of 2.9). That&#39;s why investors should consider buying this growth stock today.</p><h2>MercadoLibre: The e-commerce leader in Latin America</h2><p>MercadoLibre is the largest e-commerce marketplace in Latin America, and it ranks as the market leader in each of the major countries in which it operates. It has reinforced that edge with value-added services like logistics, financing, digital advertising, and digital payments. That makes MercadoLibre a one-stop shop for merchants.</p><p>Its logistics business (Mercado Envíos) and its fintech business (Mercado Pago) have been particularly instrumental in its success. Mercado Envíos handled 91% of shipping volume in the most recent quarter, and nearly 80% of that volume was delivered within 48 hours. That makes for a great consumer experience, and merchants wouldn&#39;t be able to achieve that on their own.</p><p>Additionally, Mercado Pago supports digital payments both on and off the MercadoLibre marketplace, a particularly important role given that many Latin Americans lack access to a bank account and debit card. In the most recent quarter, digital wallet users rose 42% to 21.4 million, and total payment volume skyrocketed 72% to $30.2 billion.</p><p>Not surprisingly, MercadoLibre has delivered impressive financial results over the past three years.</p><table><thead><tr><th><p>Metric</p></th><th><p>Q2 2019</p></th><th><p>Q2 2022</p></th><th><p>CAGR</p></th></tr></thead><tbody><tr><td width=\"156\"><p>Revenue (TTM)</p></td><td width=\"156\"><p>$1.8 billion</p></td><td width=\"156\"><p>$8.8 billion</p></td><td width=\"156\"><p>70%</p></td></tr><tr><td width=\"156\"><p>Cash from operations (TTM)</p></td><td width=\"156\"><p>$289.7 million</p></td><td width=\"156\"><p>$1.6 billion</p></td><td width=\"156\"><p>78%</p></td></tr></tbody></table><p>Data source: YCharts. TTM = trailing-12-months. CAGR = compound annual growth rate.</p><p>Investors have good reason to believe MercadoLibre can maintain that momentum. The vast majority of its revenue comes from Argentina, Brazil, and Mexico, and all three countries rank among the 10 fastest-growing e-commerce markets in the world. More broadly, Latin America itself has one of the fastest-growing internet penetration rates in the world, and that should drive adoption of online shopping and digital payments in the years ahead.</p><p>According to Statista, e-commerce sales across all countries in which MercadoLibre operates will grow at 18% per year to reach $260 billion by 2025, and digital payments volume will grow at 15% per year to reach $510 billion by 2027. That leaves plenty of room for growth.</p><p>On that note, if MercadoLibre can grow revenue at 25% per year over the next decade, its market cap could easily increase sixfold (assuming a reasonable price-to-sales ratio of 3.1) in that time. That&#39;s why this growth stock is a smart buy for long-term investors.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Prediction: These 2 Growth Stocks Could Soar 500% by 2032</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\">\nPrediction: These 2 Growth Stocks Could Soar 500% by 2032\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 23:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/09/06/these-2-growth-stocks-could-soar-500-by-2032/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market has not been kind to investors this year. The S&P 500 had its worst first half since 1970, and the Nasdaq Composite is currently 28% off its high. But the market has recovered from ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/09/06/these-2-growth-stocks-could-soar-500-by-2032/\">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","MELI":"MercadoLibre"},"source_url":"https://www.fool.com/investing/2022/09/06/these-2-growth-stocks-could-soar-500-by-2032/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265067759","content_text":"The stock market has not been kind to investors this year. The S&P 500 had its worst first half since 1970, and the Nasdaq Composite is currently 28% off its high. But the market has recovered from worse in the past, and there is no reason to believe this situation is any different. Eventually, the next bull market will erase those losses.In the meantime, many beaten-down stocks are brimming with potential, and that creates a buying opportunity for patient investors. For instance, Roku and MercadoLibre could both grow sixfold over the next decade, meaning shareholders could see a 500% return by 2032.Here's why.Roku: The top streaming platform in North AmericaStreaming pioneer Roku struggled in the second quarter as the macroeconomic environment continued to deteriorate. High inflation blunted consumer spending, especially on smart TVs and other discretionary electronics, and many brands cut their ad budgets to compensate for that softness. However, those headwinds are temporary, and the long-term investment thesis is still intact.Roku is the top streaming platform in the U.S., Canada, and Mexico in terms of engagement, and engagement is a critical metric for marketers. As a result, Roku captured nearly 45% of programmatic connected TV (CTV) ad spending in North America in June 2022, while second-place Samsung and third-place Amazon held just 17% and 12% market share, respectively.Roku is working to strengthen that sizable lead with The Roku Channel, an ad-supported streaming service that features free movies, TV shows, and live linear channels dedicated to news and sports. Roku began adding original content to the mix last year, and the reception has been quite positive so far. In the second quarter, The Roku Channel once again ranked among the top five channels on the platform in the U.S.Despite its disappointing performance of late, Roku has still delivered solid financial results over the last three years.MetricQ2 2019Q2 2022CAGRRevenue (TTM)$905.9 million$3 billion50%Cash from operations (TTM)$39.4 million$73.4 million23%Data source: YCharts. TTM = trailing 12 months. CAGR = compound annual growth rate.Looking ahead, The Roku Channel could be the source of a powerful network effect. As the most popular streaming platform in North America and Mexico, Roku should naturally capture an outsized portion of CTV ad spend in those geographies. That, in turn, should enhance its ability to license and create high-quality content for The Roku Channel, which should result in greater viewer engagement, bringing more ad dollars to its platform.Building on that, CTV ad spend is poised for dramatic growth, both because viewers are moving away from traditional TV and because CTV ads can be targeted more effectively. In fact, CTV ad spend in the U.S. alone could reach $100 billion by 2030, up from $21 billion in 2021, according to BMO Capital Markets.With that in mind, if Roku can deliver revenue growth of 20% per year over the next decade, its market cap could increase sixfold by 2032 (assuming a reasonable price-to-sale ratio of 2.9). That's why investors should consider buying this growth stock today.MercadoLibre: The e-commerce leader in Latin AmericaMercadoLibre is the largest e-commerce marketplace in Latin America, and it ranks as the market leader in each of the major countries in which it operates. It has reinforced that edge with value-added services like logistics, financing, digital advertising, and digital payments. That makes MercadoLibre a one-stop shop for merchants.Its logistics business (Mercado Envíos) and its fintech business (Mercado Pago) have been particularly instrumental in its success. Mercado Envíos handled 91% of shipping volume in the most recent quarter, and nearly 80% of that volume was delivered within 48 hours. That makes for a great consumer experience, and merchants wouldn't be able to achieve that on their own.Additionally, Mercado Pago supports digital payments both on and off the MercadoLibre marketplace, a particularly important role given that many Latin Americans lack access to a bank account and debit card. In the most recent quarter, digital wallet users rose 42% to 21.4 million, and total payment volume skyrocketed 72% to $30.2 billion.Not surprisingly, MercadoLibre has delivered impressive financial results over the past three years.MetricQ2 2019Q2 2022CAGRRevenue (TTM)$1.8 billion$8.8 billion70%Cash from operations (TTM)$289.7 million$1.6 billion78%Data source: YCharts. TTM = trailing-12-months. CAGR = compound annual growth rate.Investors have good reason to believe MercadoLibre can maintain that momentum. The vast majority of its revenue comes from Argentina, Brazil, and Mexico, and all three countries rank among the 10 fastest-growing e-commerce markets in the world. More broadly, Latin America itself has one of the fastest-growing internet penetration rates in the world, and that should drive adoption of online shopping and digital payments in the years ahead.According to Statista, e-commerce sales across all countries in which MercadoLibre operates will grow at 18% per year to reach $260 billion by 2025, and digital payments volume will grow at 15% per year to reach $510 billion by 2027. That leaves plenty of room for growth.On that note, if MercadoLibre can grow revenue at 25% per year over the next decade, its market cap could easily increase sixfold (assuming a reasonable price-to-sales ratio of 3.1) in that time. That's why this growth stock is a smart buy for long-term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995004122,"gmtCreate":1661384415368,"gmtModify":1676536507044,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/9995004122","repostId":"2262677333","repostType":4,"repost":{"id":"2262677333","kind":"highlight","pubTimestamp":1661384054,"share":"https://ttm.financial/m/news/2262677333?lang=&edition=fundamental","pubTime":"2022-08-25 07:34","market":"us","language":"en","title":"Splunk Shares Drop 11% Despite Q2 Revenue Beat & Better Than Expected Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2262677333","media":"StreetInsider","summary":"Splunk (NASDAQ: SPLK) shares fell over 11% after-hours despite a Q2 revenue beat and a better-than-e","content":"<html><head></head><body><p>Splunk (NASDAQ: SPLK) shares fell over 11% after-hours despite a Q2 revenue beat and a better-than-expected outlook.</p><p>Q2 revenue grew 32% year-over-year to $799 million, compared to the consensus estimate of $748.97 million. EPS came in at ($1.30), compared to the consensus estimate of ($0.36).</p><p>Cloud revenue grew 59% year-over-year to $346 million. Cloud Dollar-Based Net Retention Rate was 129%. The company now has 723 customers with a total ARR greater than $1 million, representing a 24% year-over-year increase.</p><p>“Splunk is well-positioned to deliver long-term, durable growth and profitability as we help the world’s largest and most innovative enterprises improve their cybersecurity and business resilience. said Gary Steele, President and CEO of Splunk.</p><p>The company expects Q3/23 revenue in the range of $835-855 million, compared to the consensus estimate of $834.82 million. For the full 2023-year, the company expects revenue in the range of $3.35-3.4 million, compared to the consensus estimate of $3.33 million.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Splunk Shares Drop 11% Despite Q2 Revenue Beat & Better Than Expected Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSplunk Shares Drop 11% Despite Q2 Revenue Beat & Better Than Expected Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20506650><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Splunk (NASDAQ: SPLK) shares fell over 11% after-hours despite a Q2 revenue beat and a better-than-expected outlook.Q2 revenue grew 32% year-over-year to $799 million, compared to the consensus ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20506650\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPLK":"Splunk Inc"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20506650","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262677333","content_text":"Splunk (NASDAQ: SPLK) shares fell over 11% after-hours despite a Q2 revenue beat and a better-than-expected outlook.Q2 revenue grew 32% year-over-year to $799 million, compared to the consensus estimate of $748.97 million. EPS came in at ($1.30), compared to the consensus estimate of ($0.36).Cloud revenue grew 59% year-over-year to $346 million. Cloud Dollar-Based Net Retention Rate was 129%. The company now has 723 customers with a total ARR greater than $1 million, representing a 24% year-over-year increase.“Splunk is well-positioned to deliver long-term, durable growth and profitability as we help the world’s largest and most innovative enterprises improve their cybersecurity and business resilience. said Gary Steele, President and CEO of Splunk.The company expects Q3/23 revenue in the range of $835-855 million, compared to the consensus estimate of $834.82 million. For the full 2023-year, the company expects revenue in the range of $3.35-3.4 million, compared to the consensus estimate of $3.33 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031889039,"gmtCreate":1646520702127,"gmtModify":1676534135625,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031889039","repostId":"2217746440","repostType":4,"repost":{"id":"2217746440","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1646435363,"share":"https://ttm.financial/m/news/2217746440?lang=&edition=fundamental","pubTime":"2022-03-05 07:09","market":"us","language":"en","title":"US STOCKS-Wall Street Ends down as Ukraine Fears Eclipse Solid Jobs Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2217746440","media":"Reuters","summary":"Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.Most of the 11 major S&P sector indexes decl","content":"<html><head></head><body><p>Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.</p><p>Most of the 11 major S&amp;P sector indexes declined, with financials leading the way with a 2% drop as investors worried about how the West&#39;s sanctions against Moscow may affect the international financial system.</p><p>The S&amp;P 500 banks index fell 3.35%, bringing its loss for the week to nearly 9%, its worst weekly decline since June 2020.</p><p>Equities globally were weaker, with safe-haven assets in demand after Russian forces seized Europe&#39;s biggest nuclear power plant in what Washington called a reckless assault that risked catastrophe.</p><p>The Labor Department&#39;s closely watched employment report showed jobs grew by a more than expected 678,000 last month and that the unemployment rate fell to 3.8%, the lowest since February 2020.</p><p>&#34;Three or four weeks ago, we would have thought that this is an incredibly important number. But given the backdrop and the overall events that are happening in Europe, it&#39;s just not,&#34; said Zachary Hill, head of portfolio management at Horizon Investments in Charlotte.</p><p>&#34;The potential for escalation in the hot war, the potential for a growth impact in Europe and more broadly, and knock-on effects on the commodity channel and inflation are taking up all of investors&#39; time and energy,&#34; Hill said.</p><p>Amazon.com Inc , Apple Inc, Google owner-Alphabet Inc and Microsoft Corp all lost more than 1%.</p><p>The crisis in Ukraine boosted energy stocks as crude prices and other commodities rallied on the back of sanctions against Russia, a major oil producer. The S&amp;P 500 energy sector jumped 2.85% and gained about 9% for the week.</p><p>Richly valued growth stocks have faced the brunt of the recent selloff, with the S&amp;P 500 growth index    down 1.3% on Friday. The value index    declined 0.3%.</p><p>The Dow Jones Industrial Average fell 0.53% to end at 33,614.8 points, while the S&amp;P 500    lost 0.79% to 4,328.87.</p><p>The Nasdaq Composite dropped 1.66% to 13,313.44.</p><p>For the week, the S&amp;P 500 and Dow both fell 1.3%, while the Nasdaq gave up 2.8%.</p><p>Federal Reserve Chair Jerome Powell said this week he would support a 25-basis-point interest rate increase at the central bank&#39;s March 15-16 policy meeting and would be &#34;prepared to move more aggressively&#34; later if inflation does not abate as fast as expected.</p><p>Soaring commodity prices have raised fears of even greater inflation, which could prompt the Fed to hike interest rates more aggressively.</p><p>Shares of WW International, formerly Weight Watchers, dropped over 8% after the Federal Trade Commission said the company &#34;illegally&#34; collected personal information from children without parental permission.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 38 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 44 new highs and 406 new lows.</p><p>Volume on U.S. exchanges was 13.9 billion shares, compared to a 20-day average of 12.6 billion, according to Refinitiv data.</p><p></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>US STOCKS-Wall Street Ends down as Ukraine Fears Eclipse Solid Jobs Data</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\">\nUS STOCKS-Wall Street Ends down as Ukraine Fears Eclipse Solid Jobs Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-05 07:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.</p><p>Most of the 11 major S&amp;P sector indexes declined, with financials leading the way with a 2% drop as investors worried about how the West&#39;s sanctions against Moscow may affect the international financial system.</p><p>The S&amp;P 500 banks index fell 3.35%, bringing its loss for the week to nearly 9%, its worst weekly decline since June 2020.</p><p>Equities globally were weaker, with safe-haven assets in demand after Russian forces seized Europe&#39;s biggest nuclear power plant in what Washington called a reckless assault that risked catastrophe.</p><p>The Labor Department&#39;s closely watched employment report showed jobs grew by a more than expected 678,000 last month and that the unemployment rate fell to 3.8%, the lowest since February 2020.</p><p>&#34;Three or four weeks ago, we would have thought that this is an incredibly important number. But given the backdrop and the overall events that are happening in Europe, it&#39;s just not,&#34; said Zachary Hill, head of portfolio management at Horizon Investments in Charlotte.</p><p>&#34;The potential for escalation in the hot war, the potential for a growth impact in Europe and more broadly, and knock-on effects on the commodity channel and inflation are taking up all of investors&#39; time and energy,&#34; Hill said.</p><p>Amazon.com Inc , Apple Inc, Google owner-Alphabet Inc and Microsoft Corp all lost more than 1%.</p><p>The crisis in Ukraine boosted energy stocks as crude prices and other commodities rallied on the back of sanctions against Russia, a major oil producer. The S&amp;P 500 energy sector jumped 2.85% and gained about 9% for the week.</p><p>Richly valued growth stocks have faced the brunt of the recent selloff, with the S&amp;P 500 growth index    down 1.3% on Friday. The value index    declined 0.3%.</p><p>The Dow Jones Industrial Average fell 0.53% to end at 33,614.8 points, while the S&amp;P 500    lost 0.79% to 4,328.87.</p><p>The Nasdaq Composite dropped 1.66% to 13,313.44.</p><p>For the week, the S&amp;P 500 and Dow both fell 1.3%, while the Nasdaq gave up 2.8%.</p><p>Federal Reserve Chair Jerome Powell said this week he would support a 25-basis-point interest rate increase at the central bank&#39;s March 15-16 policy meeting and would be &#34;prepared to move more aggressively&#34; later if inflation does not abate as fast as expected.</p><p>Soaring commodity prices have raised fears of even greater inflation, which could prompt the Fed to hike interest rates more aggressively.</p><p>Shares of WW International, formerly Weight Watchers, dropped over 8% after the Federal Trade Commission said the company &#34;illegally&#34; collected personal information from children without parental permission.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 38 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 44 new highs and 406 new lows.</p><p>Volume on U.S. exchanges was 13.9 billion shares, compared to a 20-day average of 12.6 billion, according to Refinitiv data.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","IVV":"标普500指数ETF","SH":"标普500反向ETF","BK4534":"瑞士信贷持仓","DOG":"道指反向ETF","BK4139":"生物科技","GOOGL":"谷歌A","BK4576":"AR",".SPX":"S&P 500 Index","BK4007":"制药","QLD":"纳指两倍做多ETF","BK4553":"喜马拉雅资本持仓","BK4566":"资本集团","BK4525":"远程办公概念","BK4196":"保健护理服务",".IXIC":"NASDAQ Composite","BK4082":"医疗保健设备","BK4527":"明星科技股","BK4559":"巴菲特持仓","BK4538":"云计算","SSO":"两倍做多标普500ETF","BK4077":"互动媒体与服务","CGEM":"Cullinan Therapeutics","DJX":"1/100道琼斯","BK4579":"人工智能","SPXU":"三倍做空标普500ETF","LABP":"Landos Biopharma, Inc.","OEX":"标普100","BK4503":"景林资产持仓","BK4574":"无人驾驶","SQQQ":"纳指三倍做空ETF","BK4573":"虚拟现实","BK4561":"索罗斯持仓","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","BK4581":"高盛持仓","QQQ":"纳指100ETF","BK4504":"桥水持仓","SDOW":"道指三倍做空ETF-ProShares","SANA":"Sana Biotechnology, Inc.","DXD":"道指两倍做空ETF","BK4514":"搜索引擎","QID":"纳指两倍做空ETF","BK4532":"文艺复兴科技持仓","DDM":"道指两倍做多ETF","BK4554":"元宇宙及AR概念","TQQQ":"纳指三倍做多ETF","UPRO":"三倍做多标普500ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2217746440","content_text":"Wall Street ended lower on Friday as the war in Ukraine overshadowed an acceleration in U.S. jobs growth last month that pointed to strength in the economy.Most of the 11 major S&P sector indexes declined, with financials leading the way with a 2% drop as investors worried about how the West's sanctions against Moscow may affect the international financial system.The S&P 500 banks index fell 3.35%, bringing its loss for the week to nearly 9%, its worst weekly decline since June 2020.Equities globally were weaker, with safe-haven assets in demand after Russian forces seized Europe's biggest nuclear power plant in what Washington called a reckless assault that risked catastrophe.The Labor Department's closely watched employment report showed jobs grew by a more than expected 678,000 last month and that the unemployment rate fell to 3.8%, the lowest since February 2020.\"Three or four weeks ago, we would have thought that this is an incredibly important number. But given the backdrop and the overall events that are happening in Europe, it's just not,\" said Zachary Hill, head of portfolio management at Horizon Investments in Charlotte.\"The potential for escalation in the hot war, the potential for a growth impact in Europe and more broadly, and knock-on effects on the commodity channel and inflation are taking up all of investors' time and energy,\" Hill said.Amazon.com Inc , Apple Inc, Google owner-Alphabet Inc and Microsoft Corp all lost more than 1%.The crisis in Ukraine boosted energy stocks as crude prices and other commodities rallied on the back of sanctions against Russia, a major oil producer. The S&P 500 energy sector jumped 2.85% and gained about 9% for the week.Richly valued growth stocks have faced the brunt of the recent selloff, with the S&P 500 growth index    down 1.3% on Friday. The value index    declined 0.3%.The Dow Jones Industrial Average fell 0.53% to end at 33,614.8 points, while the S&P 500    lost 0.79% to 4,328.87.The Nasdaq Composite dropped 1.66% to 13,313.44.For the week, the S&P 500 and Dow both fell 1.3%, while the Nasdaq gave up 2.8%.Federal Reserve Chair Jerome Powell said this week he would support a 25-basis-point interest rate increase at the central bank's March 15-16 policy meeting and would be \"prepared to move more aggressively\" later if inflation does not abate as fast as expected.Soaring commodity prices have raised fears of even greater inflation, which could prompt the Fed to hike interest rates more aggressively.Shares of WW International, formerly Weight Watchers, dropped over 8% after the Federal Trade Commission said the company \"illegally\" collected personal information from children without parental permission.Declining issues outnumbered advancing ones on the NYSE by a 2.12-to-1 ratio; on Nasdaq, a 2.70-to-1 ratio favored decliners.The S&P 500 posted 38 new 52-week highs and 27 new lows; the Nasdaq Composite recorded 44 new highs and 406 new lows.Volume on U.S. exchanges was 13.9 billion shares, compared to a 20-day average of 12.6 billion, according to Refinitiv data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9092681326,"gmtCreate":1644620681692,"gmtModify":1676533946142,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9092681326","repostId":"2210159258","repostType":4,"repost":{"id":"2210159258","kind":"highlight","pubTimestamp":1644592522,"share":"https://ttm.financial/m/news/2210159258?lang=&edition=fundamental","pubTime":"2022-02-11 23:15","market":"us","language":"en","title":"2 High-Yield Dividend Stocks That Are Trading Near Their 52-Week Lows","url":"https://stock-news.laohu8.com/highlight/detail?id=2210159258","media":"Motley Fool","summary":"Both offer yields more than twice what the S&P 500 provides.","content":"<html><head></head><body><p>When dividend stocks go on sale, it can be an opportunity for investors to lock in a higher-than-normal yield. The dividend yield, of course is a function of both quarterly payments and the share price; when the latter falls, the yield goes up.</p><p>A couple of already high-yielding stocks that are paying more than the <b>S&amp;P 500</b> average of 1.3% and have fallen near their 52-week lows are <b>Gilead Sciences</b> (NASDAQ:GILD) and <b><a href=\"https://laohu8.com/S/MMM\">3M</a></b> (NYSE:MMM). Here&#39;s why despite recent investor bearishness, these could be solid additions to your portfolios today.</p><h2>1. Gilead Sciences</h2><p>Drugmaker Gilead Sciences is trading at around $63 a share and has been inching closer to its 52-week low of $61.39. The stock nosedived after the company released its latest quarterly results on Feb. 1. Gilead&#39;s performance for the past three months of 2021 was underwhelming with the company&#39;s sales of $7.2 billion declining 2.4% from the same period a year ago. Net income of $376 million was also just a fraction of the $1.5 billion that it reported a year earlier; the healthcare company says the decline was largely due to a legal settlement of $625 million involving <b>Arcus Biosciences</b>.</p><p>For 2022, Gilead projects that its sales will come in between $23.8 billion and $24.3 billion; at the midpoint of $24 billion, that would be a decline of 12% from the $27.3 billion it recorded in 2021. The company expects diluted earnings per share (EPS) to be between $4.70 and $5.20 for the year, so it could still potentially come in better than the $4.93-per-share profit it reported this past year.</p><p>Even if there is a decline in profitability, those numbers will still be strong enough to support the company&#39;s dividend, which currently pays shareholders $2.92 per share a year. At the low point of its EPS estimate, Gilead&#39;s payout ratio would still be fairly modest at 62%; that would leave plenty of room for the company not only to support but also to grow its already high dividend, which currently yields 4.6%.</p><p>Although Gilead is facing some challenges, particularly from losses in exclusivity for some of its key products, the company is working on building out its pipeline. In oncology alone, there are over 30 clinical trials currently taking place.</p><p>Gilead remains in solid shape despite some risks, and investors are compensated for it as the stock trades at a lower forward price-to-earnings multiple than other drugmakers:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31d1231300ed8387737ca89664e91e9e\" tg-width=\"720\" tg-height=\"387\" referrerpolicy=\"no-referrer\"/><span>GILD PE Ratio (Forward) data by YCharts.</span></p><h2>2. 3M</h2><p>Multinational conglomerate 3M hit a new 52-week low this week as it also fell out of favor with investors. The company, which makes healthcare masks and respirators, was a popular investment during the pandemic&#39;s early stages. And as COVID-19 case numbers began to subside last year and hopes about a return to normal rose, interest in the stock began to wane.</p><p>The company released fourth-quarter numbers on Jan. 25, reporting sales of $8.6 billion for the period ended Dec. 31, 2021. That was flat from the prior year. Meanwhile, net income declined by 4.7% to $1.3 billion. By contrast, sales rose 5.8% in 2020&#39;s fourth quarter. That was largely due to an increase in safety and industrial revenue (including personal hygiene products and masks). This time around, however, that segment of its business fell 2% to about $3.1 billion.</p><p>Other business units (healthcare, transportation and electronics) are smaller and also showed little or no growth. The lone exception and growth catalyst in Q4 was its consumer business (e.g. bandages, cleaning, and stationery products) which rose by 4% and helped keep the quarter&#39;s sales just slightly above the prior-year numbers. All this diversification makes the business resilient -- and as a whole, 3M continues to do well. For all of 2021, net sales rose 10% year over year to $35.4 billion.</p><p>For income investors, the company&#39;s payouts look more than safe even if the growth rate starts to falter. 3M is a Dividend King thanks to increasing its dividend payments for more than 60 years in a row. And there&#39;s little doubt that streak will continue; it paid out $5.92 per share in dividends for 2021. With an EPS of $10.12, that puts its payout ratio at just 58%. So there&#39;s plenty of room for the company to continue making and increasing payouts.</p><p>3M shares haven&#39;t been this low since the fall of 2020, and the stock&#39;s yield is currently at 3.7%. Now could be a great time to add this investment to your portfolio.</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>2 High-Yield Dividend Stocks That Are Trading Near Their 52-Week Lows</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\">\n2 High-Yield Dividend Stocks That Are Trading Near Their 52-Week Lows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-11 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/10/2-high-yield-dividend-stocks-that-are-trading-near/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When dividend stocks go on sale, it can be an opportunity for investors to lock in a higher-than-normal yield. The dividend yield, of course is a function of both quarterly payments and the share ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/10/2-high-yield-dividend-stocks-that-are-trading-near/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4139":"生物科技","BK4550":"红杉资本持仓","BK4568":"美国抗疫概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4512":"苹果概念","BK4566":"资本集团","BK4532":"文艺复兴科技持仓","MMM":"3M","GILD":"吉利德科学","BK4206":"工业集团企业"},"source_url":"https://www.fool.com/investing/2022/02/10/2-high-yield-dividend-stocks-that-are-trading-near/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2210159258","content_text":"When dividend stocks go on sale, it can be an opportunity for investors to lock in a higher-than-normal yield. The dividend yield, of course is a function of both quarterly payments and the share price; when the latter falls, the yield goes up.A couple of already high-yielding stocks that are paying more than the S&P 500 average of 1.3% and have fallen near their 52-week lows are Gilead Sciences (NASDAQ:GILD) and 3M (NYSE:MMM). Here's why despite recent investor bearishness, these could be solid additions to your portfolios today.1. Gilead SciencesDrugmaker Gilead Sciences is trading at around $63 a share and has been inching closer to its 52-week low of $61.39. The stock nosedived after the company released its latest quarterly results on Feb. 1. Gilead's performance for the past three months of 2021 was underwhelming with the company's sales of $7.2 billion declining 2.4% from the same period a year ago. Net income of $376 million was also just a fraction of the $1.5 billion that it reported a year earlier; the healthcare company says the decline was largely due to a legal settlement of $625 million involving Arcus Biosciences.For 2022, Gilead projects that its sales will come in between $23.8 billion and $24.3 billion; at the midpoint of $24 billion, that would be a decline of 12% from the $27.3 billion it recorded in 2021. The company expects diluted earnings per share (EPS) to be between $4.70 and $5.20 for the year, so it could still potentially come in better than the $4.93-per-share profit it reported this past year.Even if there is a decline in profitability, those numbers will still be strong enough to support the company's dividend, which currently pays shareholders $2.92 per share a year. At the low point of its EPS estimate, Gilead's payout ratio would still be fairly modest at 62%; that would leave plenty of room for the company not only to support but also to grow its already high dividend, which currently yields 4.6%.Although Gilead is facing some challenges, particularly from losses in exclusivity for some of its key products, the company is working on building out its pipeline. In oncology alone, there are over 30 clinical trials currently taking place.Gilead remains in solid shape despite some risks, and investors are compensated for it as the stock trades at a lower forward price-to-earnings multiple than other drugmakers:GILD PE Ratio (Forward) data by YCharts.2. 3MMultinational conglomerate 3M hit a new 52-week low this week as it also fell out of favor with investors. The company, which makes healthcare masks and respirators, was a popular investment during the pandemic's early stages. And as COVID-19 case numbers began to subside last year and hopes about a return to normal rose, interest in the stock began to wane.The company released fourth-quarter numbers on Jan. 25, reporting sales of $8.6 billion for the period ended Dec. 31, 2021. That was flat from the prior year. Meanwhile, net income declined by 4.7% to $1.3 billion. By contrast, sales rose 5.8% in 2020's fourth quarter. That was largely due to an increase in safety and industrial revenue (including personal hygiene products and masks). This time around, however, that segment of its business fell 2% to about $3.1 billion.Other business units (healthcare, transportation and electronics) are smaller and also showed little or no growth. The lone exception and growth catalyst in Q4 was its consumer business (e.g. bandages, cleaning, and stationery products) which rose by 4% and helped keep the quarter's sales just slightly above the prior-year numbers. All this diversification makes the business resilient -- and as a whole, 3M continues to do well. For all of 2021, net sales rose 10% year over year to $35.4 billion.For income investors, the company's payouts look more than safe even if the growth rate starts to falter. 3M is a Dividend King thanks to increasing its dividend payments for more than 60 years in a row. And there's little doubt that streak will continue; it paid out $5.92 per share in dividends for 2021. With an EPS of $10.12, that puts its payout ratio at just 58%. So there's plenty of room for the company to continue making and increasing payouts.3M shares haven't been this low since the fall of 2020, and the stock's yield is currently at 3.7%. Now could be a great time to add this investment to your portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581665869451416","authorId":"3581665869451416","name":"Calvinq","avatar":"https://static.tigerbbs.com/3c005973d00b3597177b005554456e28","crmLevel":2,"crmLevelSwitch":0,"idStr":"3581665869451416","authorIdStr":"3581665869451416"},"content":"Ok like back pls","text":"Ok like back pls","html":"Ok like back pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995652030,"gmtCreate":1661470033822,"gmtModify":1676536523329,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":9,"repostSize":0,"link":"https://ttm.financial/post/9995652030","repostId":"2262967539","repostType":4,"repost":{"id":"2262967539","kind":"highlight","pubTimestamp":1661469029,"share":"https://ttm.financial/m/news/2262967539?lang=&edition=fundamental","pubTime":"2022-08-26 07:10","market":"us","language":"en","title":"US STOCKS-Wall Street Ends Sharply up, Fueled By Nvidia and Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=2262967539","media":"Reuters","summary":"Wall Street ended sharply higher on Thursday, lifted by gains in Nvidia and other technology-related","content":"<html><head></head><body><p>Wall Street ended sharply higher on Thursday, lifted by gains in Nvidia and other technology-related stocks as investors focused on the Federal Reserve&#39;s Jackson Hole conference for clues about the central bank&#39;s policy outlook.</p><p>Fed Chair Jerome Powell is due to give a speech on Friday that investors will dissect for indications of how aggressively the Fed may move to raise interest rates as it battles decades-high inflation.</p><p>&#34;We&#39;re in a period of time between the end of the second-quarter earnings season and meaningful additional data from the Federal Reserve. Markets are churning a bit with a reasonably low level of volatility,&#34; said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.</p><p>The yield on the closely watched 10-year Treasury note faded after recently hitting a two-month high. Declining interest rates tend to benefit technology stocks trading at high valuations.</p><p>&#34;Lower interest rates have certainly put some support underneath some of the more growth-oriented sectors,&#34; Northey said.</p><p>Nvidia jumped 4% after the graphics chipmaker gave a weaker-than-expected quarterly forecast that many investors viewed as signaling the worst of a sales downturn may be over. That drove a rally in the Philadelphia semiconductor index.</p><p>Apple and Microsoft rose more than 1%, while Amazon and Google-owner Alphabet added more than 2%, with all four companies making substantial contributions to the Nasdaq&#39;s increase.</p><p>All 11 S&amp;P 500 sector indexes rose, led by materials, up 2.26%, followed by a 2.06% gain in communication services.</p><p>Data earlier in the day showed the U.S. economy contracted less than initially thought in the second quarter, dispelling some fears that a recession was underway.</p><p>Traders see a slightly greater likelihood of a third 75-basis-point interest hike from the Fed at its policy meeting next month, compared with a 50-basis-point increase.</p><p>Fed officials on Thursday were noncommittal about the size of the interest rate increase they plan to approve at their Sept. 20-21 meeting, but they continued hammering the point that rates will rise and stay high until such high rates of inflation have been squeezed from the economy.</p><p>Electric-vehicle maker Tesla Inc slid 0.35% after a 3-for-1 stock split came into effect.</p><p>The S&amp;P 500 climbed 1.41% to end the session at 4,199.12 points.</p><p>The Nasdaq gained 1.67% to 12,639.27 points, while the Dow Jones Industrial Average rose 0.98% to 33,291.78 points.</p><p>Following Thursday&#39;s rally, the S&amp;P 500 remains down about 12% in 2022, while the Nasdaq is down about 19%.</p><p>$Citigroup Inc(C-N)$ climbed 2.1% after saying it plans to close its consumer and commercial banking businesses in Russia starting this quarter.</p><p>Salesforce Inc fell 3.4% after it cut its annual forecasts over &#34;measured&#34; spending from clients and a hit from a stronger dollar.</p><p>Additional chipmakers rallying on Thursday included Advanced Micro Devices, up 4.8%, and Broadcom, which gained 3.6%.</p><p>Advancing issues outnumbered falling ones within the S&amp;P 500 by a 13.4-to-one ratio.</p><p>The S&amp;P 500 posted 4 new highs and 29 new lows; the Nasdaq recorded 54 new highs and 70 new lows.</p><p>Volume on U.S. exchanges was relatively light, with 9.3 billion shares traded, compared to an average of 10.8 billion shares over the previous 20 sessions.</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>US STOCKS-Wall Street Ends Sharply up, Fueled By Nvidia and Amazon</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\">\nUS STOCKS-Wall Street Ends Sharply up, Fueled By Nvidia and Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-26 07:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-ends-202026982.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street ended sharply higher on Thursday, lifted by gains in Nvidia and other technology-related stocks as investors focused on the Federal Reserve's Jackson Hole conference for clues about the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-ends-202026982.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-ends-202026982.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262967539","content_text":"Wall Street ended sharply higher on Thursday, lifted by gains in Nvidia and other technology-related stocks as investors focused on the Federal Reserve's Jackson Hole conference for clues about the central bank's policy outlook.Fed Chair Jerome Powell is due to give a speech on Friday that investors will dissect for indications of how aggressively the Fed may move to raise interest rates as it battles decades-high inflation.\"We're in a period of time between the end of the second-quarter earnings season and meaningful additional data from the Federal Reserve. Markets are churning a bit with a reasonably low level of volatility,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.The yield on the closely watched 10-year Treasury note faded after recently hitting a two-month high. Declining interest rates tend to benefit technology stocks trading at high valuations.\"Lower interest rates have certainly put some support underneath some of the more growth-oriented sectors,\" Northey said.Nvidia jumped 4% after the graphics chipmaker gave a weaker-than-expected quarterly forecast that many investors viewed as signaling the worst of a sales downturn may be over. That drove a rally in the Philadelphia semiconductor index.Apple and Microsoft rose more than 1%, while Amazon and Google-owner Alphabet added more than 2%, with all four companies making substantial contributions to the Nasdaq's increase.All 11 S&P 500 sector indexes rose, led by materials, up 2.26%, followed by a 2.06% gain in communication services.Data earlier in the day showed the U.S. economy contracted less than initially thought in the second quarter, dispelling some fears that a recession was underway.Traders see a slightly greater likelihood of a third 75-basis-point interest hike from the Fed at its policy meeting next month, compared with a 50-basis-point increase.Fed officials on Thursday were noncommittal about the size of the interest rate increase they plan to approve at their Sept. 20-21 meeting, but they continued hammering the point that rates will rise and stay high until such high rates of inflation have been squeezed from the economy.Electric-vehicle maker Tesla Inc slid 0.35% after a 3-for-1 stock split came into effect.The S&P 500 climbed 1.41% to end the session at 4,199.12 points.The Nasdaq gained 1.67% to 12,639.27 points, while the Dow Jones Industrial Average rose 0.98% to 33,291.78 points.Following Thursday's rally, the S&P 500 remains down about 12% in 2022, while the Nasdaq is down about 19%.$Citigroup Inc(C-N)$ climbed 2.1% after saying it plans to close its consumer and commercial banking businesses in Russia starting this quarter.Salesforce Inc fell 3.4% after it cut its annual forecasts over \"measured\" spending from clients and a hit from a stronger dollar.Additional chipmakers rallying on Thursday included Advanced Micro Devices, up 4.8%, and Broadcom, which gained 3.6%.Advancing issues outnumbered falling ones within the S&P 500 by a 13.4-to-one ratio.The S&P 500 posted 4 new highs and 29 new lows; the Nasdaq recorded 54 new highs and 70 new lows.Volume on U.S. exchanges was relatively light, with 9.3 billion shares traded, compared to an average of 10.8 billion shares over the previous 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9038505376,"gmtCreate":1646866464227,"gmtModify":1676534170267,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9038505376","repostId":"1171935625","repostType":4,"repost":{"id":"1171935625","kind":"news","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":1646838290,"share":"https://ttm.financial/m/news/1171935625?lang=&edition=fundamental","pubTime":"2022-03-09 23:04","market":"us","language":"en","title":"EV Stocks Rallied in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1171935625","media":"Tiger Newspress","summary":"EV stocks rallied in morning trading. Tesla, Rivian, Nio, Li Auto, XPeng, Faraday, Canoo, Arrival and Fisker rose between 2% and 11%.","content":"<html><head></head><body><p>EV stocks rallied in morning trading. Tesla, Rivian, Nio, Li Auto, XPeng, Faraday, Canoo, Arrival and Fisker rose between 2% and 11%.<img src=\"https://static.tigerbbs.com/7efee218a1ef23856e5b153fce0bf92a\" tg-width=\"328\" tg-height=\"508\" 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>EV Stocks Rallied 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\">\nEV Stocks Rallied 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\">2022-03-09 23:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>EV stocks rallied in morning trading. Tesla, Rivian, Nio, Li Auto, XPeng, Faraday, Canoo, Arrival and Fisker rose between 2% and 11%.<img src=\"https://static.tigerbbs.com/7efee218a1ef23856e5b153fce0bf92a\" tg-width=\"328\" tg-height=\"508\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LI":"理想汽车","XPEV":"小鹏汽车","TSLA":"特斯拉","NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171935625","content_text":"EV stocks rallied in morning trading. Tesla, Rivian, Nio, Li Auto, XPeng, Faraday, Canoo, Arrival and Fisker rose between 2% and 11%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":65,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961322207,"gmtCreate":1668845470709,"gmtModify":1676538121438,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/JD\">$JD.com(JD)$&nbsp;</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/JD\">$JD.com(JD)$&nbsp;</a><v-v data-views=\"1\"></v-v>","text":"$JD.com(JD)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":10,"repostSize":0,"link":"https://ttm.financial/post/9961322207","isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938148475,"gmtCreate":1662591492298,"gmtModify":1676537092936,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/9938148475","repostId":"2265889500","repostType":4,"repost":{"id":"2265889500","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1662590527,"share":"https://ttm.financial/m/news/2265889500?lang=&edition=fundamental","pubTime":"2022-09-08 06:42","market":"us","language":"en","title":"US STOCKS-Wall Street Reaches Four-Week Highs As Bond Yields Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=2265889500","media":"Reuters","summary":"* Energy stocks follow drop in oil* Fed's Beige Book said price pressures still persistent* Fed Chair Powell to speak Thursday* Dow up 1.4%, S&P 500 up 1.84%, Nasdaq up 2.14%Sept 7 (Reuters) - U.S. st","content":"<html><head></head><body><p>* Energy stocks follow drop in oil</p><p>* Fed&#39;s Beige Book said price pressures still persistent</p><p>* Fed Chair Powell to speak Thursday</p><p>* Dow up 1.4%, S&amp;P 500 up 1.84%, Nasdaq up 2.14%</p><p>Sept 7 (Reuters) - U.S. stock indexes climbed the most in roughly a month as bond yields eased, with investors shrugging off hawkish remarks made by Federal Reserve officials on Wednesday.</p><p>The last time the Nasdaq Composite, S&amp;P 500 and the Dow Jones Industrial Average reached a higher one-day percentage jump was on Aug 10, although investors doubt this is a long-lasting trend.</p><p>The technology-heavy Nasdaq led gains among the main indexes, snapping a seven-session losing streak.</p><p>U.S. stocks have sold off sharply since mid-August after hawkish comments from Fed Chair Jerome Powell were compounded by signs of an economic slowdown in Europe and China and aggressive steps by major central banks to tame inflation.</p><p>Data signaling strength in the U.S. economy has prompted traders to bet on a 75-basis-point interest rate hike by the Fed later this month. Fed fund futures implied investors were pricing in a more than 76% chance of such a move.</p><p>The 10-year Treasury yield slipped from three-month highs hit earlier in the session, boosting shares of rate-sensitive stocks such as Tesla Inc, Microsoft Corp and Amazon.com Inc.</p><p>High-growth companies such as those in the tech sector tend to benefit when yields go down as it means a lower discount rate on their future profits when investors are calculating valuations.</p><p>Still, investors are looking for more outward signs of how Federal Reserve rate hikes will unfold to tame a surging inflation before its next meeting later this month.</p><p>&#34;The bond markets behaving a little bit better today which is giving the stock market a little bit of a better feeling, but the big worries are still what the Fed is going to do on Sep 21. So we&#39;re seeing a back and forth tug-of-war each day,&#34; said Brent Schutte, Chief Investment Officer at Northwestern Mutual Wealth Management Company.</p><p>Stocks&#39; performance also ignored hawkish comments by Federal Reserve earlier on Wednesday. Cleveland Federal Reserve Bank President Loretta Mester said the high cost of U.S. rental accommodation has not yet fully filtered through to inflation measures, suggesting inflation may still rise further.</p><p>Meanwhile, Richmond Fed President Thomas Barkin said the U.S. central bank must lift interest rates to a level that restrains economic activity and keep them there until policymakers are &#34;convinced&#34; that inflation is subsiding, while Federal Reserve Vice Chair Lael Brainard added the monetary policy will need to be restrictive &#34;for some time.&#34;</p><p>The main focus will be on Powell&#39;s speech on Thursday and U.S. consumer price data next week for clues on the path of monetary policy.</p><p>The Fed&#39;s &#34;Beige Book&#34;, a periodic snapshot of the health of the U.S. economy, indicated that price pressures are expected to persist at least through the end of the year.</p><p>The Dow Jones Industrial Average rose 435.98 points, or 1.4%, to 31,581.28, the S&amp;P 500 gained 71.68 points, or 1.83%, to 3,979.87 and the Nasdaq Composite added 246.99 points, or 2.14%, to 11,791.90.</p><p>Ten of the 11 major S&amp;P sectors were trading higher, led by a jump in utilities, reflecting the defensive positioning by investors due to economic uncertainties.</p><p>The energy index fell 1.16% as oil prices tumbled about 5% on demand worries related to looming recession risks. Brent crude fell below $90 a barrel.</p><p>Nio Inc reversed earlier losses and ended the session up 2.16% after the Chinese electric vehicle maker reported a bigger second-quarter adjusted net loss but revenue topped expectations.</p><p><a href=\"https://laohu8.com/S/COUP\">Coupa Software Inc</a> jumped almost 18% after the payment management software firm beat second-quarter estimates for revenue and profit.</p><p>Volume on U.S. exchanges was 10.21 billion shares, compared with the 10.43 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.07-to-1 ratio; on Nasdaq, a 2.60-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 6 new 52-week highs and 16 new lows; the Nasdaq Composite recorded 24 new highs and 231 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Reaches Four-Week Highs As Bond Yields Drop</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\">\nUS STOCKS-Wall Street Reaches Four-Week Highs As Bond Yields Drop\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-08 06:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Energy stocks follow drop in oil</p><p>* Fed&#39;s Beige Book said price pressures still persistent</p><p>* Fed Chair Powell to speak Thursday</p><p>* Dow up 1.4%, S&amp;P 500 up 1.84%, Nasdaq up 2.14%</p><p>Sept 7 (Reuters) - U.S. stock indexes climbed the most in roughly a month as bond yields eased, with investors shrugging off hawkish remarks made by Federal Reserve officials on Wednesday.</p><p>The last time the Nasdaq Composite, S&amp;P 500 and the Dow Jones Industrial Average reached a higher one-day percentage jump was on Aug 10, although investors doubt this is a long-lasting trend.</p><p>The technology-heavy Nasdaq led gains among the main indexes, snapping a seven-session losing streak.</p><p>U.S. stocks have sold off sharply since mid-August after hawkish comments from Fed Chair Jerome Powell were compounded by signs of an economic slowdown in Europe and China and aggressive steps by major central banks to tame inflation.</p><p>Data signaling strength in the U.S. economy has prompted traders to bet on a 75-basis-point interest rate hike by the Fed later this month. Fed fund futures implied investors were pricing in a more than 76% chance of such a move.</p><p>The 10-year Treasury yield slipped from three-month highs hit earlier in the session, boosting shares of rate-sensitive stocks such as Tesla Inc, Microsoft Corp and Amazon.com Inc.</p><p>High-growth companies such as those in the tech sector tend to benefit when yields go down as it means a lower discount rate on their future profits when investors are calculating valuations.</p><p>Still, investors are looking for more outward signs of how Federal Reserve rate hikes will unfold to tame a surging inflation before its next meeting later this month.</p><p>&#34;The bond markets behaving a little bit better today which is giving the stock market a little bit of a better feeling, but the big worries are still what the Fed is going to do on Sep 21. So we&#39;re seeing a back and forth tug-of-war each day,&#34; said Brent Schutte, Chief Investment Officer at Northwestern Mutual Wealth Management Company.</p><p>Stocks&#39; performance also ignored hawkish comments by Federal Reserve earlier on Wednesday. Cleveland Federal Reserve Bank President Loretta Mester said the high cost of U.S. rental accommodation has not yet fully filtered through to inflation measures, suggesting inflation may still rise further.</p><p>Meanwhile, Richmond Fed President Thomas Barkin said the U.S. central bank must lift interest rates to a level that restrains economic activity and keep them there until policymakers are &#34;convinced&#34; that inflation is subsiding, while Federal Reserve Vice Chair Lael Brainard added the monetary policy will need to be restrictive &#34;for some time.&#34;</p><p>The main focus will be on Powell&#39;s speech on Thursday and U.S. consumer price data next week for clues on the path of monetary policy.</p><p>The Fed&#39;s &#34;Beige Book&#34;, a periodic snapshot of the health of the U.S. economy, indicated that price pressures are expected to persist at least through the end of the year.</p><p>The Dow Jones Industrial Average rose 435.98 points, or 1.4%, to 31,581.28, the S&amp;P 500 gained 71.68 points, or 1.83%, to 3,979.87 and the Nasdaq Composite added 246.99 points, or 2.14%, to 11,791.90.</p><p>Ten of the 11 major S&amp;P sectors were trading higher, led by a jump in utilities, reflecting the defensive positioning by investors due to economic uncertainties.</p><p>The energy index fell 1.16% as oil prices tumbled about 5% on demand worries related to looming recession risks. Brent crude fell below $90 a barrel.</p><p>Nio Inc reversed earlier losses and ended the session up 2.16% after the Chinese electric vehicle maker reported a bigger second-quarter adjusted net loss but revenue topped expectations.</p><p><a href=\"https://laohu8.com/S/COUP\">Coupa Software Inc</a> jumped almost 18% after the payment management software firm beat second-quarter estimates for revenue and profit.</p><p>Volume on U.S. exchanges was 10.21 billion shares, compared with the 10.43 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.07-to-1 ratio; on Nasdaq, a 2.60-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 6 new 52-week highs and 16 new lows; the Nasdaq Composite recorded 24 new highs and 231 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IVV":"标普500指数ETF","LHDX":"Lucira Health, Inc.","SH":"标普500反向ETF","BK4139":"生物科技","PSQ":"纳指反向ETF","BK4196":"保健护理服务","QLD":"纳指两倍做多ETF","BK4082":"医疗保健设备","UPRO":"三倍做多标普500ETF",".DJI":"道琼斯","BK4559":"巴菲特持仓","SSO":"两倍做多标普500ETF",".IXIC":"NASDAQ Composite","BK4550":"红杉资本持仓","LABP":"Landos Biopharma, Inc.","SPXU":"三倍做空标普500ETF",".SPX":"S&P 500 Index","MSFT":"微软","OEX":"标普100","COMP":"Compass, Inc.","SQQQ":"纳指三倍做空ETF","COUP":"Coupa Software Inc","SANA":"Sana Biotechnology, Inc.","NIO":"蔚来","BK4581":"高盛持仓","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","BK4504":"桥水持仓","QQQ":"纳指100ETF","SDS":"两倍做空标普500ETF","QID":"纳指两倍做空ETF","AMZN":"亚马逊","BK4539":"次新股","TSLA":"特斯拉","TQQQ":"纳指三倍做多ETF","BK4534":"瑞士信贷持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265889500","content_text":"* Energy stocks follow drop in oil* Fed's Beige Book said price pressures still persistent* Fed Chair Powell to speak Thursday* Dow up 1.4%, S&P 500 up 1.84%, Nasdaq up 2.14%Sept 7 (Reuters) - U.S. stock indexes climbed the most in roughly a month as bond yields eased, with investors shrugging off hawkish remarks made by Federal Reserve officials on Wednesday.The last time the Nasdaq Composite, S&P 500 and the Dow Jones Industrial Average reached a higher one-day percentage jump was on Aug 10, although investors doubt this is a long-lasting trend.The technology-heavy Nasdaq led gains among the main indexes, snapping a seven-session losing streak.U.S. stocks have sold off sharply since mid-August after hawkish comments from Fed Chair Jerome Powell were compounded by signs of an economic slowdown in Europe and China and aggressive steps by major central banks to tame inflation.Data signaling strength in the U.S. economy has prompted traders to bet on a 75-basis-point interest rate hike by the Fed later this month. Fed fund futures implied investors were pricing in a more than 76% chance of such a move.The 10-year Treasury yield slipped from three-month highs hit earlier in the session, boosting shares of rate-sensitive stocks such as Tesla Inc, Microsoft Corp and Amazon.com Inc.High-growth companies such as those in the tech sector tend to benefit when yields go down as it means a lower discount rate on their future profits when investors are calculating valuations.Still, investors are looking for more outward signs of how Federal Reserve rate hikes will unfold to tame a surging inflation before its next meeting later this month.\"The bond markets behaving a little bit better today which is giving the stock market a little bit of a better feeling, but the big worries are still what the Fed is going to do on Sep 21. So we're seeing a back and forth tug-of-war each day,\" said Brent Schutte, Chief Investment Officer at Northwestern Mutual Wealth Management Company.Stocks' performance also ignored hawkish comments by Federal Reserve earlier on Wednesday. Cleveland Federal Reserve Bank President Loretta Mester said the high cost of U.S. rental accommodation has not yet fully filtered through to inflation measures, suggesting inflation may still rise further.Meanwhile, Richmond Fed President Thomas Barkin said the U.S. central bank must lift interest rates to a level that restrains economic activity and keep them there until policymakers are \"convinced\" that inflation is subsiding, while Federal Reserve Vice Chair Lael Brainard added the monetary policy will need to be restrictive \"for some time.\"The main focus will be on Powell's speech on Thursday and U.S. consumer price data next week for clues on the path of monetary policy.The Fed's \"Beige Book\", a periodic snapshot of the health of the U.S. economy, indicated that price pressures are expected to persist at least through the end of the year.The Dow Jones Industrial Average rose 435.98 points, or 1.4%, to 31,581.28, the S&P 500 gained 71.68 points, or 1.83%, to 3,979.87 and the Nasdaq Composite added 246.99 points, or 2.14%, to 11,791.90.Ten of the 11 major S&P sectors were trading higher, led by a jump in utilities, reflecting the defensive positioning by investors due to economic uncertainties.The energy index fell 1.16% as oil prices tumbled about 5% on demand worries related to looming recession risks. Brent crude fell below $90 a barrel.Nio Inc reversed earlier losses and ended the session up 2.16% after the Chinese electric vehicle maker reported a bigger second-quarter adjusted net loss but revenue topped expectations.Coupa Software Inc jumped almost 18% after the payment management software firm beat second-quarter estimates for revenue and profit.Volume on U.S. exchanges was 10.21 billion shares, compared with the 10.43 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 3.07-to-1 ratio; on Nasdaq, a 2.60-to-1 ratio favored advancers.The S&P 500 posted 6 new 52-week highs and 16 new lows; the Nasdaq Composite recorded 24 new highs and 231 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991968161,"gmtCreate":1660776798255,"gmtModify":1676536394751,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991968161","repostId":"1145675545","repostType":4,"repost":{"id":"1145675545","kind":"news","pubTimestamp":1660742957,"share":"https://ttm.financial/m/news/1145675545?lang=&edition=fundamental","pubTime":"2022-08-17 21:29","market":"us","language":"en","title":"AMC’s CEO Will Do Whatever It Takes to Keep His Company a Meme Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=1145675545","media":"Bloomberg","summary":"For most movie fans, their dream selfie with a Hollywood star never quite materializes. But on a Fri","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/60d6c00a61a62e50a7c0c72dd49d67cc\" tg-width=\"1400\" tg-height=\"1050\" referrerpolicy=\"no-referrer\"/></p><p>For most movie fans, their dream selfie with a Hollywood star never quite materializes. But on a Friday night in June, Bruce and Deborah Cooke spotted one of their favorite movie heroes, just feet away. They moved in and asked for a photo.</p><p>Adam Aron, the chairman and chief executive officer ofAMC Entertainment Holdings Inc., greeted the couple warmly, making small talk as they arranged themselves for the camera. Bruce was dressed in slacks and a button-down. Deborah wore a striking green dress. “I put my arm around you, I go to jail,” Aron, who’s 67, playfully said to Deborah, who’s 55. Everyone laughed.</p><p>Three days earlier, Aron had announced on Twitter that he would personally be hosting a screening of Pixar’s new movie,<i>Lightyear</i>, at an AMC theater in Olathe, Kan. The Cookes, who together own a small mortgage company in Sacramento, had vowed on the spot to make the pilgrimage to Kansas.</p><p><img src=\"https://static.tigerbbs.com/26d2f8d2a68830ff364ec91c9beb7be7\" tg-width=\"600\" tg-height=\"800\" referrerpolicy=\"no-referrer\"/>The entire AMC saga meant so much to them. During the onset of the pandemic, when movie theaters were hastily shuttered, they bought their first batch of AMC stock. Moviegoing, they believed, would eventually bounce back. Plus, they thought it was cruel that a subset of investors were trying to force the company into bankruptcy. So the Cookes joined a legion of outsider traders, loosely organized on the Reddit forumr/wallstreetbets, who were swarming to AMC’s down-and-out stock, driving up its share price and sticking it to the skeptical short sellers and hedge funds betting big on the company’s failure. The Cookes recruited their loved ones to join them. “We got a lot of friends involved,” Deborah says.</p><p>On social media, people started calling their pugnacious tribe theAMC Apes, as in<i>Planet of the Apes</i>, the movie about a primate uprising. By Wall Street standards, they might be primitive, but they possessed power in numbers.</p><p>Better yet, they had a fearless leader atop AMC, an alpha CEO who grunted and roared on Twitter, throwing feces, so to speak, at their enemies (recurring hashtag: #LetThemEatCrow) and beating his chest every time a movie performed well at the box office (#CHOKEonTHAT). Aron hired Nicole Kidman tostar in several AMC promotionsand bellowed tirelessly about her bravura performance, dubbing the glamorous actor “the first lady of AMC.” The whole thing had a King-Kong-palming-a-fair-maiden vibe. The Apes were ecstatic.</p><p>Now, after a flight to Dallas, a four-hour drive to Tulsa, a break for the night, several more hours on the road, and another respite at a crummy hotel, the Cookes were right where they wanted to be, standing loyally at the Silverback’s side. After capturing their trophy shot, the California couple took their seats. With a few minutes left before the start of the previews, the place was far from full—a slightly ominous development, which the Cookes would later chalk up to “the bad guys,” aka the hedge funds, who they suspected had snapped up tickets and let them go unused to make AMC look bad. Anything to drive down the company’s share price. “There’s no telling what [they] will do,” Deborah says.</p><p>“He creates a sound, a song, a whistle from his pipe that will cause people to gravitate preferentially to whatever business in the sector that he is running”</p><p>At the front of the theater, Aron got up, gave a shoutout to the Apes, and acknowledged that the pandemic had been difficult. But the vaccines were working. Movies were storming back. “Our investors are passionate,” he said. “They like AMC as a company. They don’t think I’m that bad either. But most of all, they really want to see movie theaters survive.”</p><p>At first glance, Aron, who became CEO of AMC in 2016, might not seem like a natural candidate to lead a successful investor insurgency. For much of his career he worked as a well-compensated turnaround artist, the kind of mercenary operator with the right pedigree (Harvard Business School) and right demeanor (bombastically self-assured) who gets hired to fix up a faltering company and maybe sell it off at a nice markup. If anything, Aron seemed like a well-sharpened tool of the Wall Street establishment, not of the internet masses.</p><p>But the pandemic shook up the entertainment cosmos and exposed a surprising lack of leadership in Hollywood. Amid all the halted productions and scrambled release schedules, everyone looked around for somebody to rally the American people behind the movie industry. When no compelling candidates emerged from the studios or the streaming services, Aron charged headlong into the void.</p><p>He’s spent his entire career perfecting the art of stunt marketing and the science of customer loyalty programs. Ideal training, in other words, for this weird new zeitgeist in the business world, one that favors combative, incautious, performative CEOs (see:Musk, Elon) who can draw loyal swarms of fans online and compel them to buy their products, pump up their stock price, and troll their critics. “He has an almost Pied Piper-ish ability to attract people,” says Darryl Hartley-Leonard, former CEO of Hyatt Hotels Corp., who hired Aron at Hyatt in the 1980s. “He creates a sound, a song, a whistle from his pipe that will cause people to gravitate preferentially to whatever business in the sector that he is running.”</p><p>With AMC, that whistle has taken the form of meme-y membership schemes, free-for-all earnings calls, acomical stock ticker (APE), and the bizarre acquisition of a72,000-acre gold mine. Having narrowly navigated the company through the dark days of the early pandemic and taken his followers with him on a Hollywood blockbuster-worthy ride, Aron is now facing a much more fundamental challenge: holding the entire rickety, debt-laden enterprise together during a time of rising inflation, falling stocks, accelerating economic pressure, and a troop of Apes that might finally be questioning its alpha.<img src=\"https://static.tigerbbs.com/20522e4c8b6fbdb61e5f3ebad3fe7c6b\" tg-width=\"650\" tg-height=\"348\" referrerpolicy=\"no-referrer\"/></p><p>Mission control for Aron isn’t Los Angeles or New York or even Las Vegas.AMC’s headquartersis in Kansas. The offices are housed in a sleek, glass-clad structure in Leawood, a prosperous suburb of Kansas City. The heart of the building is an open, spacious “test seating area” that doubles as a gathering spot. Throughout the workday, staffers can grab a snack and watch whatever is playing on its jumbo screen, from the latest Hollywood trailers to an afternoon Royals game.</p><p>Beginning in 2016, employees would occasionally glance up and see cable news channels airing live interviews with their new CEO, who’d arrived right after fixing up and selling off Starwood Hotels &amp; Resorts Worldwide.</p><p>Aron typically shows up at a company looking as thoroughly distressed as the properties he’s swooping in to save. The strands of his comb-over meander across his head, sometimes losing a few stragglers en route. His wardrobe, friends and former colleagues note, is remarkably beaten up for a multimillionaire executive. Even on a sunny day, he can look like a man who just parachuted in through a tempest: suit wrinkled, tie stained, shirttail flapping in the wind.</p><p>When Aron took over AMC, the entire theater business was facing mounting pressure. Shopping malls, which had long enjoyed a rich, symbiotic relationship with AMC multiplexes, were losing customers to online retail, jeopardizing foot traffic to ticket booths. Meanwhile, American viewers were growing increasingly enchanted with streaming networks such as Netflix.</p><p>Not long after joining the company, Aron met with Wang Jianlin, head of the Dalian Wanda Group, a Chinese conglomerate, then the majority owner of AMC. He proceeded to show Wang a list he’d drawn up of 10 things to better position AMC for the future. One idea was to revamp its customer loyalty program, AMC Stubs. Another was to expand the company through acquisitions. Wang particularly liked the notion of supersizing AMC.</p><p>Aron soon embarked on a $3 billion buying spree, snapping up three major theater chains in the US and Europe. By the spring of 2017 he’d made AMC into a colossus, with more than 10,000 screens in 15 countries. Aron—who has a professional wrestling promoter’s penchant for speaking in grandiose, history-in-the-making superlatives—could now brag about AMC on a planetary scale. “The largest in the US, the largest in Europe, and the largest globally,” he says.</p><p>He threw himself into every aspect of the operations, spiffing up the company’s pre-movie promos; stiff-arming a startup,MoviePass Inc., that was elbowing into the loyalty rewards market for moviegoers; and flavor-jamming AMC’s food menu with the kind of flamboyance thatGuy Fierimight relish. Before long, Aron was touting AMC’s giant new pretzel, a salty 1.5-pound behemoth dubbed the Bavarian Legend.</p><p><img src=\"https://static.tigerbbs.com/b60a0ecf9ad876f2376ae392e6e04605\" tg-width=\"600\" tg-height=\"899\" referrerpolicy=\"no-referrer\"/>Aron at AMC’s headquarters in Leawood, Kan.Photographer: Shawn Brackbill for Bloomberg Businessweek</p><p>Although he was a relative newbie to the film industry, Aron had popcorn in his blood. In the 1930s his grandfather, a convivial, politically connected businessman, co-founded a successful company called Berlo Vending. Among other things, Berlo sold all the popcorn in all the movie theaters of eastern Pennsylvania. “By the time I came around, whatever family fortune there was had pretty much been squandered,” says Aron, who grew up in a middle-class Philadelphia suburb.</p><p>Like his father, an ad man who regularly acted in an amateur theater troupe, Aron gravitated to the spotlight. By high school he was a math whiz, hockey goalie, and hammy stage performer. His comedic speeches playing up the life-altering sacrifices he’d made on behalf of his classmates won him the office of class treasurer twice. Once, as president of his high school’s Key Club, he organized a fundraiser basketball game that went on for 100 straight hours—which, according to Aron, set a Guinness World Record. When he discovered a catalog that sold slightly aged Hollywood film reels by mail, he rallied friends to construct a plywood screen in their school’s auditorium, where they charged for showings of<i>Butch Cassidy and the Sundance Kid</i>,<i>Cool Hand Luke</i>, and, of course,<i>Planet of the Apes</i>. The money poured into the coffers of the senior class. “What he was like then is what he is like now,” says Aron’s high school buddy Ashton Carter, who decades later would serve as secretary of defense under Barack Obama. “He could always convince a diverse group of people to get behind his vision.”</p><p>After graduating from Harvard in three years, Aron stayed to get his MBA. He studied marketing, was elected co-president of the school’s transportation club, and was captain of the hockey team. While many of his peers beelined for the riches of Wall Street, he took a job with the airline Pan Am, which by 1979 was well past its glory years. A top executive, Stephen Wolf, was looking for someone who could create more loyalty among the airline’s dwindling customers. “The problem is that anybody who was semi-young and had half a brain had sensibly and correctly left Pan Am long ago,” recalls Wolf, who went on to become CEO of United Airlines. “I found Adam in the bowels of the organization somewhere.”</p><p>Aron concocted Pan Am’s first frequent-flyers club and suddenly found himself on the fast track. He’d go on to create or reengineer loyalty programs for Western Airlines (TravelPass); Hyatt Hotels (Gold Passport); United Airlines (MileagePlus); Norwegian Cruise Line (NCL Latitudes); Vail Resorts (Peaks); the Philadelphia 76ers (the Franklin Club)—and, eventually, AMC (Stubs). “Adam is a pioneer of loyalty management,” says high school pal Jeffrey Sonnenfeld, now a professor at the Yale School of Management.</p><p>In the late ’80s, Hyatt Hotels CEO Hartley-Leonard hired Aron to serve as a top marketing executive. “When he came in, he really was the most disheveled human being that you’d ever seen,” Hartley-Leonard says. “The problem with Adam is that his body is deformed such that his shirt doesn’t stay in his trousers.” Aron proved to be an unusually crafty marketer who generated ideas nonstop for winning over customers from rivals and for garnering free publicity, says his former boss. He also periodically mesmerized his colleagues with stunts, like the time he floated into an executive meeting on a custom-made dirigible. “Jay Pritzker [whose family owned Hyatt] turned to me and said, ‘What the f--- did this cost?’ ” Hartley-Leonard recalls. “I said, ‘Leave Adam alone. That’s who he is.’ ”</p><p>In 1996, Apollo Global Management Inc. was in the market for someone to turn around Vail Resorts, the ski resort operator. By the time Aron left that job 10 years later, he’d diversified the company’s business model and more than quintupled revenue. “Vail was transformative,” says Marc Rowan, Apollo’s billionaire CEO. “He did an unbelievable job.”</p><p>So much so that when Rowan’s partner, billionaire Apollo co-founder Joshua Harris, led a group of investors to acquire middling NBA team the 76ers in 2011, they installed Aron, a minority owner, to usher in a franchise turnaround. Of course, his first order of business was a barrage of promotional schemes. He made the team’s dance squad larger. He added Julius Erving as a consultant. He showered fans in confetti. And even though he’d step aside as CEO only two years later following another lousy season, he still left an Aron-shaped imprint on the franchise:“Big Bella,”the world’s largest T-shirt launcher, a cartoonishly massive, 600 pound, multibarrel leviathan that looks like something Mad Max might have mounted on a battle tank.</p><p><img src=\"https://static.tigerbbs.com/788e4b080973d8a9e6c27d08e72d96b3\" tg-width=\"800\" tg-height=\"534\" referrerpolicy=\"no-referrer\"/>The 2011 press conference to announce Apollo Global Management’s acquisition of the NBA’s Philadelphia 76ers. For two years, Aron was the team’s CEO.Photo: Getty Images</p><p>As the world locked down in 2020, Aron’s acquisition binge looked disastrous. AMC, saddled with $5 billion in debt, was forced to hastily shut down 1,000 theaters worldwide. He furloughed most of roughly 26,000 workers. “You know what they don’t teach in Harvard Business School?” he says. “The zero-revenue case.”</p><p>AMC warned in a filing that it was weeks away from running out of cash. Bankruptcy seemed imminent. But Aron harbored a deep, abiding dislike for what he calls “Bankruptcy Inc.” In his 30s he’d spent months fighting off the vulturous bankruptcy professionals hungrily circling Norwegian Cruise Line. At one point, he recalls indignantly, the CEO of rival Carnival Corp. predicted publicly that Norwegian would file for bankruptcy within months—but it never happened. “I’m very pleased to have proven him wrong,” Aron says.</p><p>Seven months into the pandemic, there were whispers on Wall Street and in the press that AMC could be filing for Chapter 11 any day. Aron scrambled to buy more time, renegotiating AMC’s rent payments with its landlords and looking for some way to ride out the pandemic disruptions.</p><p>Eventually he found a lifeline in Jason Mudrick, a lantern-jawed, poker-playing graduate of Harvard Law School, who runs Mudrick Capital Management LP, a $3.4 billion hedge fund specializing in distressed businesses. Unlike financial advisers and lawyers who make money on fees when a bankruptcy is filed, Mudrick’s firm loans money to companies facing near-death circumstances. If the company recovers, the capital is repaid handsomely. If not, the fund can seize collateral or control. In December 2020, Mudrick loaned AMC $100 million, receiving an equity stake in return. Other lenders followed.</p><p>News of the loans reached retail investors just as a strange new energy began coursing through Wall Street. Thanks to some combustible mix of pandemic-induced boredom, intemperance, and ingenuity, the meme-stock phenomenon was taking off. Day traders on Reddit were identifying downtrodden, heavily shorted stocks, then piling in collectively, pushing up the share price, and hyping the frenzy on social media to rope in more buyers. It had already happened with GameStop Corp.</p><p>Then it was AMC’s turn. From January to early June it soared from $2 to more than $62. Along the way, Aron seized on the freakish moment by issuing new equity at the heightened prices, replenishing AMC’s coffers.</p><p>By June 2021, 4 million retail investors had bought up more than 80% of the company’s shares. Aron knew from his years optimizing stunts and membership schemes that first you capture their attention, then you get them hooked. “It was just as true with our shareholders in the year 2021 as it was with airline passengers in 1981,” he says. So he designed a program that bridged the meme world with the real one: Buying AMC’s stock would get you movie-related perks.</p><p>With AMC Investor Connect, after purchasing the company’s shares and signing up for its existing Stubs rewards program, you’d be given access to discounts at theaters, invitations to movie screenings with Aron, and a free tub of popcorn. The new program may have seemed gauche to the traditional Wall Street crowd, but it gave an air of exclusivity to everyman investors, even if the benefits were fairly silly. By 2022 the program would swell to more than 700,000 members.</p><p>Aron with Kidman, whom he describes as “the first lady of AMC.”Source: Adam Aron</p><p>Meanwhile, Aron began doubling down on his new AMC persona. Dating back to his time with the 76ers, he’d been an active social media user, albeit with fewer followers and more mishaps. At an investor roundtable last year, he was briefly caught on Zoom untrousered, according to a participant. In June 2021 he was doing a remoteinterview with a YouTube market influencerwhen he accidentally bumped his webcam, which swiveled downward to reveal that, once again, he wasn’t wearing pants. Some AMC fans speculated that the YouTube incident was another one of Aron’s public-relations stunts. When asked about it, Aron declined to comment. “I would be the first to admit that I can be iconoclastic,” he says.</p><p>As his audience grew, he’d spend an hour a day on Twitter, reading feedback from the Apes and crafting truculent messages. He’d quote Winston Churchill on an earnings call—“We shall fight on the beaches, we shall fight on the landing grounds”—or retweet a depiction of himself wearing a chef’s hat, holding a cleaver, and standing over a dead crow. By lacing his act with combative emotion, Aron infused AMC fandom with the kind of fervent personal identification once reserved for political parties and sports teams. Any analyst who’d dare question AMC’s prospects could expect to receive a torrent of online vitriol, even death threats, from hismore than 268,000 Twitter followers.</p><p>While the Apes ate up his bellicose energy, continuing to buy up shares and vowing to hold them long-term, Aron and AMC’s other major investors began looking to cash out. With the stock riding high, everyone from the Dalian Wanda Group to Mudrick Capital to other top AMC executives were either selling off the bulk of their shares or eyeing the exits.</p><p>Aron wasn’t going to let the opportunity pass. He enjoyed the perks of swank living as much as the next scorekeeping CEO, buying and selling over the years a portfolio of luxury properties from Beaver Creek, Colo., to Miami Beach. On Nov. 10, 2021, he revealed that for “estate planning” purposes he was unloading 625,000 AMC shares worth $25 million. The following month, he sold an additional chunk for $9.65 million. The family popcorn fortune, once squandered, was now restored. “Many of his friends went off into consulting and investment banking,” says high school friend Sonnenfeld. “Those people made more money initially. But he’s closed the gap a lot.”</p><p><img src=\"https://static.tigerbbs.com/82b063380f89c7eca208a72fd34d0a9d\" tg-width=\"600\" tg-height=\"800\" referrerpolicy=\"no-referrer\"/>Aron with Mudrick at the Hycroft gold and silver mine in Nevada.</p><p>Around midnight on Sunday, March 13, after landing at a tiny two-runway airport in rural Nevada, Aron headed to a nearby Best Western to catch a few hours of sleep. Several days earlier he’d gotten a call from Mudrick, who pitched him on an opportunity for AMC that had nothing to do with the movie business. Mudrick’s hedge fund owned a stake inHycroft Mining Holding Corp., a struggling operation in northwestern Nevada. To remain solvent, the company needed a quick cash infusion to appease its lenders. He wanted to know if AMC wanted in on a literal gold mine.</p><p>Although Aron was familiar with a long list of industries, mining wasn’t one of them. But he was an expert at financial engineering, not to mention the strange metallurgy of transforming a business crisis into a windfall—and a spectacle. In recent months he’d been toying with diversifying AMC beyond theaters. There were plans to sell movie-themed merchandise, AMC-branded nonfungible tokens (NFTs), and, maybe someday, a branded credit card and cryptocurrency. Already in the works was AMC Perfectly Popcorn, which will be sold in supermarkets across the US next year. “Watch out, Orville Redenbacher,” he said on an earnings call on March 1.</p><p>Aron told Mudrick he was interested. The hedge fund executive explained that they’d have to move fast: They had five days before the cost of the deal would significantly increase. Hycroft’s share price was rising, and Nasdaq rules required Aron to buy his stake at a share price that averaged the previous five days’ trading levels.</p><p>So Mudrick corralled a jet in Teterboro, N.J., flew to Miami, picked up AMC Lead Director Philip Lader, then fetched Aron and AMC’s general counsel, Kevin Connor, who were on a work trip in Dallas. While in the air to Nevada, Mudrick and Aron batted around the numbers and dug into dinner. Mudrick ate a steak. Aron put away a seafood medley.</p><p>Now, at 6 a.m., they arose in the dark at the hotel and set off for the mine. They drove past Winnemucca, a long-in-the-tooth railroad town where Butch Cassidy had once robbed a bank and the cellphone service was abysmal. The sun rose over the Black Rock Desert, a Martian landscape of dry playas and craggy, arid mountains. After two hours they arrived at theHycroft Mine, a dusty archipelagoof geological debris, jumbo trucks, and gaping holes in the ground—a toddler’s idea of heaven. They squeezed into a temporary office, the only place in the vicinity with Wi-Fi. For the next several hours, Aron and Mudrick took turns persuading lenders and board members to approve the sale. They inked the deal with a few minutes to spare.</p><p>On March 15, when Aron announced that AMC was acquiring 22% of the largely dormant mine for $28 million, he got roughly the same reaction he’d triggered years earlier with his dirigible. Jaws dropped. Minds reeled. Somehow a recently distressed movie theater chain, saved by a hedge fund specializing in distressed lending, pumped up by retail investors profiting on distressed stocks, was now part owner of a distressed gold and silver mine, in a water-distressed pocket of the country, on a pandemic-distressed planet. The whole thing felt like a national parable. In America in 2022, distress was the new gold—or maybe fool’s gold. It was hard to say for certain.</p><p>Much of the press and most analysts derided the move as just another gimmick, while others opined that the money should’ve been used to pay down the company’s exorbitant debt. But on Twitter, Aron was busy retweeting memes of himself draped in gold chains. His rationale for the investment, he said: Only two years earlier, AMC was in free fall; now it could deploy everything it learned to another underdog business.</p><p>The loyal Apes followed him into the mineshaft, sending the penny stock sailing and netting AMC a $30 million profit. With the share price soaring, Hycroft took a page from the AMC playbook and offered more equity. Mudrick had initially hoped to raise $20 million. Thanks to the AMC bump, they wound up raising $200 million. Says Mudrick of Aron: “He could convince an Eskimo to buy ice.”</p><p>So what exactly is AMC at this point? A legacy theater chain with a penchant for shiny objects? A precious-metals multiplex exhibitor venture fund?</p><p>Last year, in a magnanimous gesture to the Apes, Aron tweaked the format of AMC’s quarterly earnings calls, allowing consumers to pose questions directly to the company’s brass. The inquiries of amateurs, he says, are often better than the ones from the professionals. “Not to be disrespectful to security analysts, but they often use earnings calls to build their financial models,” he says, segueing into an imitation of a squeaky-voiced analyst posing a tediously small-bore question.</p><p>The stroke of populism has annoyed some of the pros. “These are the most painful calls for me to listen to of any in my career,” says Hunter Martin, an analyst at Creditsights Inc., a research shop. “The rhetoric is … very us vs. them, retail investor and common man. That’s their narrative. To their credit, they’re talking about the things that are important to those people. But it comes at a cost to more traditional investors who want to hear the numbers.”</p><p><b>The Face That Launched a Thousand Memes</b></p><p>Aron’s fans will send him homemade memes of the CEO’s face hacked onto a movie poster, which he praises and tweets to his 268,000 Twitter followers</p><p><img src=\"https://static.tigerbbs.com/32e77d080b7c7f197793148442df6b6d\" tg-width=\"400\" tg-height=\"522\" referrerpolicy=\"no-referrer\"/>Source: Twitter<img src=\"https://static.tigerbbs.com/beabe7f722197aa352c08fde8d207cf2\" tg-width=\"400\" tg-height=\"602\" referrerpolicy=\"no-referrer\"/>Source: TwitterSource: Twitter</p><p>There may be good reason to create some distractions. In a recent report, Bloomberg Intelligence projected that the 2022 domestic box-office numbers will come in at $7.5 billion, a significant boost from 2021’s $4.5 billion—but still just 66% of pre-pandemic levels. Meanwhile, 2022 has been a brutal environment for media companies, whose stock prices have tumbled across the board. The studios that supply AMC with its primary product are all facing potentially severe cutbacks of their own. Keeping the Apes amped won’t be easy. “Regardless of a brighter outlook, we fear that the 4 million-plus retail investors who have driven a 2,000%-plus surge in the stock may flip and eventually cash out, prompting more volatility,” Bloomberg Intelligence noted late last year.</p><p>For much of the summer, AMC’s share price was hovering in the $12 to $17 range. On AMC fan boards, many Apes were itching for a new rally. For months there’d been chatter about the coming Mother of All Short Squeezes—a moment, it was foretold, when the Silverback would once again rear up and smite AMC’s enemies and somehow send the share price back up. As to the timing, everyone dug through the mud of Aron’s tweets looking for buried clues.</p><p>Without any clear signs of action, frustration was evident. At AMC’s annual meeting in June, shareholders rejected the company’s executive pay plan, which in 2021 rewarded Aron with $18.9 million in total compensation. “I don’t think any of them need more money yet,” says Deborah Cooke, the AMC superfan from the Kansas screening.</p><p>Aron shook off the intra-simian setback. During the same annual meeting in June, he told shareholders that AMC would be creating a $100 million fund to invest in other businesses. First came the gold mine; who knows what could be next. “There are a number of things that we looked at that we rejected, either because it wasn’t interesting enough, or there was too much risk, or the financial returns weren’t attractive enough,” he says. “But I’m sure we’ll find other opportunities as we turn over every rock.”</p><p>AMC’s early gains on its Hycroft shares have already all but disappeared as the miner’s stock rally faded, though Aron has said he sees Hycroft as a longer-term investment, to net profits as the mine expands operations.</p><p>So what exactly is AMC at this point? A legacy theater chain with a penchant for shiny objects? A precious-metals multiplex exhibitor venture fund? Or, as Bloomberg Opinion columnistMatt Levine described it this spring, “a merchant bank that helps small companies do meme-driven at-the-market offerings and takes equity for its fee”? Aron sticks with the most anodyne of explanations: “We are a movie theater company that is looking to diversify,” he says.</p><p>In early August, with signs of Ape dissatisfaction still smoldering online, AMC reported second-quarter results that topped analysts’ estimates and revealed a plan to create a new class of preferred AMC equity, which will begin trading on the New York Stock Exchange on Aug. 22 under the new ticker “APE.” Aron promptly uncorked a tweetstorm, explaining the “game-changing” strategy, which he compared to playing “3-D chess.”</p><p>For each share of AMC Class A common stock, shareholders would be given a preferred equity unit as a dividend. Once the trading commenced, investors would be able to buy and sell them normally. In the future, at Aron’s discretion, the company would be able to issue new APE shares to raise additional money for potential moves such as paying down debt or making acquisitions. Such issuance could, of course, reduce the value of the outstanding shares that Apes cling to. Using the all-caps style often seen in the Ape vernacular, Aron summed up the slightly byzantine proceedings in terms everyone in the community could easily understand. “TODAY … WE … POUNCE,” he wrote.</p><p>While the reaction from professional analysts was mixed, the Reddit crowd went wild. By the following day, AMC gained 19%, to close at $22.18, a four-month high.</p><p>In spite of all the grim news in the broader market, things were looking up. Historically, Aron says, movie theaters have weathered economic downturns better than more expensive forms of entertainment. “I’ve been selling tickets all my life,” he says. “I’ve sold cruise tickets, lift tickets, game tickets. I’m still selling tickets.”</p><p>Over the summer he began selling something else—commemorative Thor hammersto promote Marvel’s<i>Thor: Love and Thunder</i>. For $39.99, fans could buy their very own version of the powerful god’s favorite weapon, reimagined in a handy new form: a warlike popcorn container. Aron appears almost as excited about the popcorn hammer as the gold mine. “We’ve sold 40,000 of them already.”</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>AMC’s CEO Will Do Whatever It Takes to Keep His Company a Meme Forever</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC’s CEO Will Do Whatever It Takes to Keep His Company a Meme Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-17 21:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/features/2022-08-17/amc-amc-stock-became-a-meme-thanks-to-adam-aron-s-antics><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For most movie fans, their dream selfie with a Hollywood star never quite materializes. But on a Friday night in June, Bruce and Deborah Cooke spotted one of their favorite movie heroes, just feet ...</p>\n\n<a href=\"https://www.bloomberg.com/news/features/2022-08-17/amc-amc-stock-became-a-meme-thanks-to-adam-aron-s-antics\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.bloomberg.com/news/features/2022-08-17/amc-amc-stock-became-a-meme-thanks-to-adam-aron-s-antics","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145675545","content_text":"For most movie fans, their dream selfie with a Hollywood star never quite materializes. But on a Friday night in June, Bruce and Deborah Cooke spotted one of their favorite movie heroes, just feet away. They moved in and asked for a photo.Adam Aron, the chairman and chief executive officer ofAMC Entertainment Holdings Inc., greeted the couple warmly, making small talk as they arranged themselves for the camera. Bruce was dressed in slacks and a button-down. Deborah wore a striking green dress. “I put my arm around you, I go to jail,” Aron, who’s 67, playfully said to Deborah, who’s 55. Everyone laughed.Three days earlier, Aron had announced on Twitter that he would personally be hosting a screening of Pixar’s new movie,Lightyear, at an AMC theater in Olathe, Kan. The Cookes, who together own a small mortgage company in Sacramento, had vowed on the spot to make the pilgrimage to Kansas.The entire AMC saga meant so much to them. During the onset of the pandemic, when movie theaters were hastily shuttered, they bought their first batch of AMC stock. Moviegoing, they believed, would eventually bounce back. Plus, they thought it was cruel that a subset of investors were trying to force the company into bankruptcy. So the Cookes joined a legion of outsider traders, loosely organized on the Reddit forumr/wallstreetbets, who were swarming to AMC’s down-and-out stock, driving up its share price and sticking it to the skeptical short sellers and hedge funds betting big on the company’s failure. The Cookes recruited their loved ones to join them. “We got a lot of friends involved,” Deborah says.On social media, people started calling their pugnacious tribe theAMC Apes, as inPlanet of the Apes, the movie about a primate uprising. By Wall Street standards, they might be primitive, but they possessed power in numbers.Better yet, they had a fearless leader atop AMC, an alpha CEO who grunted and roared on Twitter, throwing feces, so to speak, at their enemies (recurring hashtag: #LetThemEatCrow) and beating his chest every time a movie performed well at the box office (#CHOKEonTHAT). Aron hired Nicole Kidman tostar in several AMC promotionsand bellowed tirelessly about her bravura performance, dubbing the glamorous actor “the first lady of AMC.” The whole thing had a King-Kong-palming-a-fair-maiden vibe. The Apes were ecstatic.Now, after a flight to Dallas, a four-hour drive to Tulsa, a break for the night, several more hours on the road, and another respite at a crummy hotel, the Cookes were right where they wanted to be, standing loyally at the Silverback’s side. After capturing their trophy shot, the California couple took their seats. With a few minutes left before the start of the previews, the place was far from full—a slightly ominous development, which the Cookes would later chalk up to “the bad guys,” aka the hedge funds, who they suspected had snapped up tickets and let them go unused to make AMC look bad. Anything to drive down the company’s share price. “There’s no telling what [they] will do,” Deborah says.“He creates a sound, a song, a whistle from his pipe that will cause people to gravitate preferentially to whatever business in the sector that he is running”At the front of the theater, Aron got up, gave a shoutout to the Apes, and acknowledged that the pandemic had been difficult. But the vaccines were working. Movies were storming back. “Our investors are passionate,” he said. “They like AMC as a company. They don’t think I’m that bad either. But most of all, they really want to see movie theaters survive.”At first glance, Aron, who became CEO of AMC in 2016, might not seem like a natural candidate to lead a successful investor insurgency. For much of his career he worked as a well-compensated turnaround artist, the kind of mercenary operator with the right pedigree (Harvard Business School) and right demeanor (bombastically self-assured) who gets hired to fix up a faltering company and maybe sell it off at a nice markup. If anything, Aron seemed like a well-sharpened tool of the Wall Street establishment, not of the internet masses.But the pandemic shook up the entertainment cosmos and exposed a surprising lack of leadership in Hollywood. Amid all the halted productions and scrambled release schedules, everyone looked around for somebody to rally the American people behind the movie industry. When no compelling candidates emerged from the studios or the streaming services, Aron charged headlong into the void.He’s spent his entire career perfecting the art of stunt marketing and the science of customer loyalty programs. Ideal training, in other words, for this weird new zeitgeist in the business world, one that favors combative, incautious, performative CEOs (see:Musk, Elon) who can draw loyal swarms of fans online and compel them to buy their products, pump up their stock price, and troll their critics. “He has an almost Pied Piper-ish ability to attract people,” says Darryl Hartley-Leonard, former CEO of Hyatt Hotels Corp., who hired Aron at Hyatt in the 1980s. “He creates a sound, a song, a whistle from his pipe that will cause people to gravitate preferentially to whatever business in the sector that he is running.”With AMC, that whistle has taken the form of meme-y membership schemes, free-for-all earnings calls, acomical stock ticker (APE), and the bizarre acquisition of a72,000-acre gold mine. Having narrowly navigated the company through the dark days of the early pandemic and taken his followers with him on a Hollywood blockbuster-worthy ride, Aron is now facing a much more fundamental challenge: holding the entire rickety, debt-laden enterprise together during a time of rising inflation, falling stocks, accelerating economic pressure, and a troop of Apes that might finally be questioning its alpha.Mission control for Aron isn’t Los Angeles or New York or even Las Vegas.AMC’s headquartersis in Kansas. The offices are housed in a sleek, glass-clad structure in Leawood, a prosperous suburb of Kansas City. The heart of the building is an open, spacious “test seating area” that doubles as a gathering spot. Throughout the workday, staffers can grab a snack and watch whatever is playing on its jumbo screen, from the latest Hollywood trailers to an afternoon Royals game.Beginning in 2016, employees would occasionally glance up and see cable news channels airing live interviews with their new CEO, who’d arrived right after fixing up and selling off Starwood Hotels & Resorts Worldwide.Aron typically shows up at a company looking as thoroughly distressed as the properties he’s swooping in to save. The strands of his comb-over meander across his head, sometimes losing a few stragglers en route. His wardrobe, friends and former colleagues note, is remarkably beaten up for a multimillionaire executive. Even on a sunny day, he can look like a man who just parachuted in through a tempest: suit wrinkled, tie stained, shirttail flapping in the wind.When Aron took over AMC, the entire theater business was facing mounting pressure. Shopping malls, which had long enjoyed a rich, symbiotic relationship with AMC multiplexes, were losing customers to online retail, jeopardizing foot traffic to ticket booths. Meanwhile, American viewers were growing increasingly enchanted with streaming networks such as Netflix.Not long after joining the company, Aron met with Wang Jianlin, head of the Dalian Wanda Group, a Chinese conglomerate, then the majority owner of AMC. He proceeded to show Wang a list he’d drawn up of 10 things to better position AMC for the future. One idea was to revamp its customer loyalty program, AMC Stubs. Another was to expand the company through acquisitions. Wang particularly liked the notion of supersizing AMC.Aron soon embarked on a $3 billion buying spree, snapping up three major theater chains in the US and Europe. By the spring of 2017 he’d made AMC into a colossus, with more than 10,000 screens in 15 countries. Aron—who has a professional wrestling promoter’s penchant for speaking in grandiose, history-in-the-making superlatives—could now brag about AMC on a planetary scale. “The largest in the US, the largest in Europe, and the largest globally,” he says.He threw himself into every aspect of the operations, spiffing up the company’s pre-movie promos; stiff-arming a startup,MoviePass Inc., that was elbowing into the loyalty rewards market for moviegoers; and flavor-jamming AMC’s food menu with the kind of flamboyance thatGuy Fierimight relish. Before long, Aron was touting AMC’s giant new pretzel, a salty 1.5-pound behemoth dubbed the Bavarian Legend.Aron at AMC’s headquarters in Leawood, Kan.Photographer: Shawn Brackbill for Bloomberg BusinessweekAlthough he was a relative newbie to the film industry, Aron had popcorn in his blood. In the 1930s his grandfather, a convivial, politically connected businessman, co-founded a successful company called Berlo Vending. Among other things, Berlo sold all the popcorn in all the movie theaters of eastern Pennsylvania. “By the time I came around, whatever family fortune there was had pretty much been squandered,” says Aron, who grew up in a middle-class Philadelphia suburb.Like his father, an ad man who regularly acted in an amateur theater troupe, Aron gravitated to the spotlight. By high school he was a math whiz, hockey goalie, and hammy stage performer. His comedic speeches playing up the life-altering sacrifices he’d made on behalf of his classmates won him the office of class treasurer twice. Once, as president of his high school’s Key Club, he organized a fundraiser basketball game that went on for 100 straight hours—which, according to Aron, set a Guinness World Record. When he discovered a catalog that sold slightly aged Hollywood film reels by mail, he rallied friends to construct a plywood screen in their school’s auditorium, where they charged for showings ofButch Cassidy and the Sundance Kid,Cool Hand Luke, and, of course,Planet of the Apes. The money poured into the coffers of the senior class. “What he was like then is what he is like now,” says Aron’s high school buddy Ashton Carter, who decades later would serve as secretary of defense under Barack Obama. “He could always convince a diverse group of people to get behind his vision.”After graduating from Harvard in three years, Aron stayed to get his MBA. He studied marketing, was elected co-president of the school’s transportation club, and was captain of the hockey team. While many of his peers beelined for the riches of Wall Street, he took a job with the airline Pan Am, which by 1979 was well past its glory years. A top executive, Stephen Wolf, was looking for someone who could create more loyalty among the airline’s dwindling customers. “The problem is that anybody who was semi-young and had half a brain had sensibly and correctly left Pan Am long ago,” recalls Wolf, who went on to become CEO of United Airlines. “I found Adam in the bowels of the organization somewhere.”Aron concocted Pan Am’s first frequent-flyers club and suddenly found himself on the fast track. He’d go on to create or reengineer loyalty programs for Western Airlines (TravelPass); Hyatt Hotels (Gold Passport); United Airlines (MileagePlus); Norwegian Cruise Line (NCL Latitudes); Vail Resorts (Peaks); the Philadelphia 76ers (the Franklin Club)—and, eventually, AMC (Stubs). “Adam is a pioneer of loyalty management,” says high school pal Jeffrey Sonnenfeld, now a professor at the Yale School of Management.In the late ’80s, Hyatt Hotels CEO Hartley-Leonard hired Aron to serve as a top marketing executive. “When he came in, he really was the most disheveled human being that you’d ever seen,” Hartley-Leonard says. “The problem with Adam is that his body is deformed such that his shirt doesn’t stay in his trousers.” Aron proved to be an unusually crafty marketer who generated ideas nonstop for winning over customers from rivals and for garnering free publicity, says his former boss. He also periodically mesmerized his colleagues with stunts, like the time he floated into an executive meeting on a custom-made dirigible. “Jay Pritzker [whose family owned Hyatt] turned to me and said, ‘What the f--- did this cost?’ ” Hartley-Leonard recalls. “I said, ‘Leave Adam alone. That’s who he is.’ ”In 1996, Apollo Global Management Inc. was in the market for someone to turn around Vail Resorts, the ski resort operator. By the time Aron left that job 10 years later, he’d diversified the company’s business model and more than quintupled revenue. “Vail was transformative,” says Marc Rowan, Apollo’s billionaire CEO. “He did an unbelievable job.”So much so that when Rowan’s partner, billionaire Apollo co-founder Joshua Harris, led a group of investors to acquire middling NBA team the 76ers in 2011, they installed Aron, a minority owner, to usher in a franchise turnaround. Of course, his first order of business was a barrage of promotional schemes. He made the team’s dance squad larger. He added Julius Erving as a consultant. He showered fans in confetti. And even though he’d step aside as CEO only two years later following another lousy season, he still left an Aron-shaped imprint on the franchise:“Big Bella,”the world’s largest T-shirt launcher, a cartoonishly massive, 600 pound, multibarrel leviathan that looks like something Mad Max might have mounted on a battle tank.The 2011 press conference to announce Apollo Global Management’s acquisition of the NBA’s Philadelphia 76ers. For two years, Aron was the team’s CEO.Photo: Getty ImagesAs the world locked down in 2020, Aron’s acquisition binge looked disastrous. AMC, saddled with $5 billion in debt, was forced to hastily shut down 1,000 theaters worldwide. He furloughed most of roughly 26,000 workers. “You know what they don’t teach in Harvard Business School?” he says. “The zero-revenue case.”AMC warned in a filing that it was weeks away from running out of cash. Bankruptcy seemed imminent. But Aron harbored a deep, abiding dislike for what he calls “Bankruptcy Inc.” In his 30s he’d spent months fighting off the vulturous bankruptcy professionals hungrily circling Norwegian Cruise Line. At one point, he recalls indignantly, the CEO of rival Carnival Corp. predicted publicly that Norwegian would file for bankruptcy within months—but it never happened. “I’m very pleased to have proven him wrong,” Aron says.Seven months into the pandemic, there were whispers on Wall Street and in the press that AMC could be filing for Chapter 11 any day. Aron scrambled to buy more time, renegotiating AMC’s rent payments with its landlords and looking for some way to ride out the pandemic disruptions.Eventually he found a lifeline in Jason Mudrick, a lantern-jawed, poker-playing graduate of Harvard Law School, who runs Mudrick Capital Management LP, a $3.4 billion hedge fund specializing in distressed businesses. Unlike financial advisers and lawyers who make money on fees when a bankruptcy is filed, Mudrick’s firm loans money to companies facing near-death circumstances. If the company recovers, the capital is repaid handsomely. If not, the fund can seize collateral or control. In December 2020, Mudrick loaned AMC $100 million, receiving an equity stake in return. Other lenders followed.News of the loans reached retail investors just as a strange new energy began coursing through Wall Street. Thanks to some combustible mix of pandemic-induced boredom, intemperance, and ingenuity, the meme-stock phenomenon was taking off. Day traders on Reddit were identifying downtrodden, heavily shorted stocks, then piling in collectively, pushing up the share price, and hyping the frenzy on social media to rope in more buyers. It had already happened with GameStop Corp.Then it was AMC’s turn. From January to early June it soared from $2 to more than $62. Along the way, Aron seized on the freakish moment by issuing new equity at the heightened prices, replenishing AMC’s coffers.By June 2021, 4 million retail investors had bought up more than 80% of the company’s shares. Aron knew from his years optimizing stunts and membership schemes that first you capture their attention, then you get them hooked. “It was just as true with our shareholders in the year 2021 as it was with airline passengers in 1981,” he says. So he designed a program that bridged the meme world with the real one: Buying AMC’s stock would get you movie-related perks.With AMC Investor Connect, after purchasing the company’s shares and signing up for its existing Stubs rewards program, you’d be given access to discounts at theaters, invitations to movie screenings with Aron, and a free tub of popcorn. The new program may have seemed gauche to the traditional Wall Street crowd, but it gave an air of exclusivity to everyman investors, even if the benefits were fairly silly. By 2022 the program would swell to more than 700,000 members.Aron with Kidman, whom he describes as “the first lady of AMC.”Source: Adam AronMeanwhile, Aron began doubling down on his new AMC persona. Dating back to his time with the 76ers, he’d been an active social media user, albeit with fewer followers and more mishaps. At an investor roundtable last year, he was briefly caught on Zoom untrousered, according to a participant. In June 2021 he was doing a remoteinterview with a YouTube market influencerwhen he accidentally bumped his webcam, which swiveled downward to reveal that, once again, he wasn’t wearing pants. Some AMC fans speculated that the YouTube incident was another one of Aron’s public-relations stunts. When asked about it, Aron declined to comment. “I would be the first to admit that I can be iconoclastic,” he says.As his audience grew, he’d spend an hour a day on Twitter, reading feedback from the Apes and crafting truculent messages. He’d quote Winston Churchill on an earnings call—“We shall fight on the beaches, we shall fight on the landing grounds”—or retweet a depiction of himself wearing a chef’s hat, holding a cleaver, and standing over a dead crow. By lacing his act with combative emotion, Aron infused AMC fandom with the kind of fervent personal identification once reserved for political parties and sports teams. Any analyst who’d dare question AMC’s prospects could expect to receive a torrent of online vitriol, even death threats, from hismore than 268,000 Twitter followers.While the Apes ate up his bellicose energy, continuing to buy up shares and vowing to hold them long-term, Aron and AMC’s other major investors began looking to cash out. With the stock riding high, everyone from the Dalian Wanda Group to Mudrick Capital to other top AMC executives were either selling off the bulk of their shares or eyeing the exits.Aron wasn’t going to let the opportunity pass. He enjoyed the perks of swank living as much as the next scorekeeping CEO, buying and selling over the years a portfolio of luxury properties from Beaver Creek, Colo., to Miami Beach. On Nov. 10, 2021, he revealed that for “estate planning” purposes he was unloading 625,000 AMC shares worth $25 million. The following month, he sold an additional chunk for $9.65 million. The family popcorn fortune, once squandered, was now restored. “Many of his friends went off into consulting and investment banking,” says high school friend Sonnenfeld. “Those people made more money initially. But he’s closed the gap a lot.”Aron with Mudrick at the Hycroft gold and silver mine in Nevada.Around midnight on Sunday, March 13, after landing at a tiny two-runway airport in rural Nevada, Aron headed to a nearby Best Western to catch a few hours of sleep. Several days earlier he’d gotten a call from Mudrick, who pitched him on an opportunity for AMC that had nothing to do with the movie business. Mudrick’s hedge fund owned a stake inHycroft Mining Holding Corp., a struggling operation in northwestern Nevada. To remain solvent, the company needed a quick cash infusion to appease its lenders. He wanted to know if AMC wanted in on a literal gold mine.Although Aron was familiar with a long list of industries, mining wasn’t one of them. But he was an expert at financial engineering, not to mention the strange metallurgy of transforming a business crisis into a windfall—and a spectacle. In recent months he’d been toying with diversifying AMC beyond theaters. There were plans to sell movie-themed merchandise, AMC-branded nonfungible tokens (NFTs), and, maybe someday, a branded credit card and cryptocurrency. Already in the works was AMC Perfectly Popcorn, which will be sold in supermarkets across the US next year. “Watch out, Orville Redenbacher,” he said on an earnings call on March 1.Aron told Mudrick he was interested. The hedge fund executive explained that they’d have to move fast: They had five days before the cost of the deal would significantly increase. Hycroft’s share price was rising, and Nasdaq rules required Aron to buy his stake at a share price that averaged the previous five days’ trading levels.So Mudrick corralled a jet in Teterboro, N.J., flew to Miami, picked up AMC Lead Director Philip Lader, then fetched Aron and AMC’s general counsel, Kevin Connor, who were on a work trip in Dallas. While in the air to Nevada, Mudrick and Aron batted around the numbers and dug into dinner. Mudrick ate a steak. Aron put away a seafood medley.Now, at 6 a.m., they arose in the dark at the hotel and set off for the mine. They drove past Winnemucca, a long-in-the-tooth railroad town where Butch Cassidy had once robbed a bank and the cellphone service was abysmal. The sun rose over the Black Rock Desert, a Martian landscape of dry playas and craggy, arid mountains. After two hours they arrived at theHycroft Mine, a dusty archipelagoof geological debris, jumbo trucks, and gaping holes in the ground—a toddler’s idea of heaven. They squeezed into a temporary office, the only place in the vicinity with Wi-Fi. For the next several hours, Aron and Mudrick took turns persuading lenders and board members to approve the sale. They inked the deal with a few minutes to spare.On March 15, when Aron announced that AMC was acquiring 22% of the largely dormant mine for $28 million, he got roughly the same reaction he’d triggered years earlier with his dirigible. Jaws dropped. Minds reeled. Somehow a recently distressed movie theater chain, saved by a hedge fund specializing in distressed lending, pumped up by retail investors profiting on distressed stocks, was now part owner of a distressed gold and silver mine, in a water-distressed pocket of the country, on a pandemic-distressed planet. The whole thing felt like a national parable. In America in 2022, distress was the new gold—or maybe fool’s gold. It was hard to say for certain.Much of the press and most analysts derided the move as just another gimmick, while others opined that the money should’ve been used to pay down the company’s exorbitant debt. But on Twitter, Aron was busy retweeting memes of himself draped in gold chains. His rationale for the investment, he said: Only two years earlier, AMC was in free fall; now it could deploy everything it learned to another underdog business.The loyal Apes followed him into the mineshaft, sending the penny stock sailing and netting AMC a $30 million profit. With the share price soaring, Hycroft took a page from the AMC playbook and offered more equity. Mudrick had initially hoped to raise $20 million. Thanks to the AMC bump, they wound up raising $200 million. Says Mudrick of Aron: “He could convince an Eskimo to buy ice.”So what exactly is AMC at this point? A legacy theater chain with a penchant for shiny objects? A precious-metals multiplex exhibitor venture fund?Last year, in a magnanimous gesture to the Apes, Aron tweaked the format of AMC’s quarterly earnings calls, allowing consumers to pose questions directly to the company’s brass. The inquiries of amateurs, he says, are often better than the ones from the professionals. “Not to be disrespectful to security analysts, but they often use earnings calls to build their financial models,” he says, segueing into an imitation of a squeaky-voiced analyst posing a tediously small-bore question.The stroke of populism has annoyed some of the pros. “These are the most painful calls for me to listen to of any in my career,” says Hunter Martin, an analyst at Creditsights Inc., a research shop. “The rhetoric is … very us vs. them, retail investor and common man. That’s their narrative. To their credit, they’re talking about the things that are important to those people. But it comes at a cost to more traditional investors who want to hear the numbers.”The Face That Launched a Thousand MemesAron’s fans will send him homemade memes of the CEO’s face hacked onto a movie poster, which he praises and tweets to his 268,000 Twitter followersSource: TwitterSource: TwitterSource: TwitterThere may be good reason to create some distractions. In a recent report, Bloomberg Intelligence projected that the 2022 domestic box-office numbers will come in at $7.5 billion, a significant boost from 2021’s $4.5 billion—but still just 66% of pre-pandemic levels. Meanwhile, 2022 has been a brutal environment for media companies, whose stock prices have tumbled across the board. The studios that supply AMC with its primary product are all facing potentially severe cutbacks of their own. Keeping the Apes amped won’t be easy. “Regardless of a brighter outlook, we fear that the 4 million-plus retail investors who have driven a 2,000%-plus surge in the stock may flip and eventually cash out, prompting more volatility,” Bloomberg Intelligence noted late last year.For much of the summer, AMC’s share price was hovering in the $12 to $17 range. On AMC fan boards, many Apes were itching for a new rally. For months there’d been chatter about the coming Mother of All Short Squeezes—a moment, it was foretold, when the Silverback would once again rear up and smite AMC’s enemies and somehow send the share price back up. As to the timing, everyone dug through the mud of Aron’s tweets looking for buried clues.Without any clear signs of action, frustration was evident. At AMC’s annual meeting in June, shareholders rejected the company’s executive pay plan, which in 2021 rewarded Aron with $18.9 million in total compensation. “I don’t think any of them need more money yet,” says Deborah Cooke, the AMC superfan from the Kansas screening.Aron shook off the intra-simian setback. During the same annual meeting in June, he told shareholders that AMC would be creating a $100 million fund to invest in other businesses. First came the gold mine; who knows what could be next. “There are a number of things that we looked at that we rejected, either because it wasn’t interesting enough, or there was too much risk, or the financial returns weren’t attractive enough,” he says. “But I’m sure we’ll find other opportunities as we turn over every rock.”AMC’s early gains on its Hycroft shares have already all but disappeared as the miner’s stock rally faded, though Aron has said he sees Hycroft as a longer-term investment, to net profits as the mine expands operations.So what exactly is AMC at this point? A legacy theater chain with a penchant for shiny objects? A precious-metals multiplex exhibitor venture fund? Or, as Bloomberg Opinion columnistMatt Levine described it this spring, “a merchant bank that helps small companies do meme-driven at-the-market offerings and takes equity for its fee”? Aron sticks with the most anodyne of explanations: “We are a movie theater company that is looking to diversify,” he says.In early August, with signs of Ape dissatisfaction still smoldering online, AMC reported second-quarter results that topped analysts’ estimates and revealed a plan to create a new class of preferred AMC equity, which will begin trading on the New York Stock Exchange on Aug. 22 under the new ticker “APE.” Aron promptly uncorked a tweetstorm, explaining the “game-changing” strategy, which he compared to playing “3-D chess.”For each share of AMC Class A common stock, shareholders would be given a preferred equity unit as a dividend. Once the trading commenced, investors would be able to buy and sell them normally. In the future, at Aron’s discretion, the company would be able to issue new APE shares to raise additional money for potential moves such as paying down debt or making acquisitions. Such issuance could, of course, reduce the value of the outstanding shares that Apes cling to. Using the all-caps style often seen in the Ape vernacular, Aron summed up the slightly byzantine proceedings in terms everyone in the community could easily understand. “TODAY … WE … POUNCE,” he wrote.While the reaction from professional analysts was mixed, the Reddit crowd went wild. By the following day, AMC gained 19%, to close at $22.18, a four-month high.In spite of all the grim news in the broader market, things were looking up. Historically, Aron says, movie theaters have weathered economic downturns better than more expensive forms of entertainment. “I’ve been selling tickets all my life,” he says. “I’ve sold cruise tickets, lift tickets, game tickets. I’m still selling tickets.”Over the summer he began selling something else—commemorative Thor hammersto promote Marvel’sThor: Love and Thunder. For $39.99, fans could buy their very own version of the powerful god’s favorite weapon, reimagined in a handy new form: a warlike popcorn container. Aron appears almost as excited about the popcorn hammer as the gold mine. “We’ve sold 40,000 of them already.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903074365,"gmtCreate":1658961894657,"gmtModify":1676536233428,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586939439858903","authorIdStr":"3586939439858903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903074365","repostId":"1166875960","repostType":4,"repost":{"id":"1166875960","kind":"news","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":1658944575,"share":"https://ttm.financial/m/news/1166875960?lang=&edition=fundamental","pubTime":"2022-07-28 01:56","market":"us","language":"en","title":"Fed Hikes Interest Rates by 0.75 Percentage Point for Second Consecutive Time to Fight Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1166875960","media":"Tiger Newspress","summary":"The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate ","content":"<html><head></head><body><p>The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession.</p><p>In taking the benchmark overnight borrowing rate up to a range of 2.25%-2.5%, the moves in June and July represent the most stringent consecutive moves since the Fed began using the overnight funds rate as the principal tool of monetary policy in the early 1990s.</p><p>While the fed funds rate most directly impacts what banks charge each other for short-term loans, it feeds into a multitude of consumer products such as adjustable mortgages, auto loans and credit cards. The increase takes the funds rate to its highest level since December 2018.</p><p>Markets largely expected the move after Fed officials telegraphed the increase in a series of statements since the June meeting. Central bankers have emphasized the importance of bringing down inflation even if it means slowing the economy.</p><p>In its post-meeting statement, the rate-setting Federal Open Market Committee cautioned that “recent indicators of spending and production have softened.”</p><p>“Nonetheless, job gains have been robust in recent months, and the unemployment rate has remained low,” the committee added, using language similar to the June statement. Officials against described inflation as “elevated” and ascribed the situation to supply chain issues and higher prices for food and energy along with “broader price pressures.”</p><p>The rate hike was approved unanimously. In June, Kansas City Fed President Esther George dissented, advocating a slower course with a half percentage point increase.</p><p>The increases come in a year that began with rates floating around zero but which has seen a commonly cited inflation measure run at 9.1% annually. The Fed aims for inflation around 2%, though it adjusted that goal in 2020 to allow it to run a bit hotter in the interest of full and inclusive employment.</p><p>In June, the unemployment rate held at 3.6%, close to full employment. But inflation, even by the Fed’s standard of core personal consumption expenditures, which was at 4.7% in May, is well off target.</p><p>The efforts to bring down inflation are not without risks.</p><p>The U.S. economy is teetering on a recession as inflation slows consumer purchases and dents business activity.</p><p>First-quarter GDP declined by 1.6% annualized, and markets were bracing for a reading on the second quarter to be released Thursday that could show consecutive declines, a widely used barometer for a recession. The Dow Jones estimate for Thursday’s reading is 0.3%.</p><p>Along with rate increases, the Fed is reducing the size of asset holdings on its nearly $9 trillion balance sheet. Beginning, in June, the Fed began allowing some of the proceeds from maturing bonds to roll off.</p><p>The balance sheet has declined just $16 billion since the beginning of the roll-off, though the Fed set a cap of up to $47.5 billion that potentially could have been wound down. The cap will rise through the summer, eventually hitting $95 billion a month by September. The process is known in markets as “quantitative tightening” and is another mechanism the Fed uses to impact financial conditions.</p><p>Along with the accelerated balance sheet runoff, markets expect the Fed to raise rates at least another half percentage point in September. Traders Wednesday afternoon were assigning about a 53% chance the central bank would go even further, with a third straight 0.75 percentage point, or 75 basis points, increase in September, according to CME Group data.</p><p>The FOMC does not meet in August, instead gathering in Jackson Hole, Wyoming for its annual retreat.</p><p>Markets expect the Fed to start cutting rates by next summer, even though committee projections released in June show now cuts until at least 2024.</p><p>Multiple officials have said they expect to hike aggressively through September then assess what impact the moves were having on inflation. Despite the 1.5 percentage point increases between March and June, the June consumer price index reading was the highest since November 1981, with the rent index at its highest level since April 1986 and dental care costs hitting a record in a data series going back to 1995.</p><p>The central bank has faced critics, both for being too slow to tighten when inflation first started to accelerate in 2021, and for possibly going too far and causing a more severe economic downturn.</p><p>Sen. Elizabeth Warren (D-Mass.) told CNBC on Wednesday that she worried the Fed hikes would pose economic danger to those at the lowest end of the economic spectrum by raising unemployment.</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>Fed Hikes Interest Rates by 0.75 Percentage Point for Second Consecutive Time to Fight Inflation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Hikes Interest Rates by 0.75 Percentage Point for Second Consecutive Time to Fight Inflation\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\">2022-07-28 01:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession.</p><p>In taking the benchmark overnight borrowing rate up to a range of 2.25%-2.5%, the moves in June and July represent the most stringent consecutive moves since the Fed began using the overnight funds rate as the principal tool of monetary policy in the early 1990s.</p><p>While the fed funds rate most directly impacts what banks charge each other for short-term loans, it feeds into a multitude of consumer products such as adjustable mortgages, auto loans and credit cards. The increase takes the funds rate to its highest level since December 2018.</p><p>Markets largely expected the move after Fed officials telegraphed the increase in a series of statements since the June meeting. Central bankers have emphasized the importance of bringing down inflation even if it means slowing the economy.</p><p>In its post-meeting statement, the rate-setting Federal Open Market Committee cautioned that “recent indicators of spending and production have softened.”</p><p>“Nonetheless, job gains have been robust in recent months, and the unemployment rate has remained low,” the committee added, using language similar to the June statement. Officials against described inflation as “elevated” and ascribed the situation to supply chain issues and higher prices for food and energy along with “broader price pressures.”</p><p>The rate hike was approved unanimously. In June, Kansas City Fed President Esther George dissented, advocating a slower course with a half percentage point increase.</p><p>The increases come in a year that began with rates floating around zero but which has seen a commonly cited inflation measure run at 9.1% annually. The Fed aims for inflation around 2%, though it adjusted that goal in 2020 to allow it to run a bit hotter in the interest of full and inclusive employment.</p><p>In June, the unemployment rate held at 3.6%, close to full employment. But inflation, even by the Fed’s standard of core personal consumption expenditures, which was at 4.7% in May, is well off target.</p><p>The efforts to bring down inflation are not without risks.</p><p>The U.S. economy is teetering on a recession as inflation slows consumer purchases and dents business activity.</p><p>First-quarter GDP declined by 1.6% annualized, and markets were bracing for a reading on the second quarter to be released Thursday that could show consecutive declines, a widely used barometer for a recession. The Dow Jones estimate for Thursday’s reading is 0.3%.</p><p>Along with rate increases, the Fed is reducing the size of asset holdings on its nearly $9 trillion balance sheet. Beginning, in June, the Fed began allowing some of the proceeds from maturing bonds to roll off.</p><p>The balance sheet has declined just $16 billion since the beginning of the roll-off, though the Fed set a cap of up to $47.5 billion that potentially could have been wound down. The cap will rise through the summer, eventually hitting $95 billion a month by September. The process is known in markets as “quantitative tightening” and is another mechanism the Fed uses to impact financial conditions.</p><p>Along with the accelerated balance sheet runoff, markets expect the Fed to raise rates at least another half percentage point in September. Traders Wednesday afternoon were assigning about a 53% chance the central bank would go even further, with a third straight 0.75 percentage point, or 75 basis points, increase in September, according to CME Group data.</p><p>The FOMC does not meet in August, instead gathering in Jackson Hole, Wyoming for its annual retreat.</p><p>Markets expect the Fed to start cutting rates by next summer, even though committee projections released in June show now cuts until at least 2024.</p><p>Multiple officials have said they expect to hike aggressively through September then assess what impact the moves were having on inflation. Despite the 1.5 percentage point increases between March and June, the June consumer price index reading was the highest since November 1981, with the rent index at its highest level since April 1986 and dental care costs hitting a record in a data series going back to 1995.</p><p>The central bank has faced critics, both for being too slow to tighten when inflation first started to accelerate in 2021, and for possibly going too far and causing a more severe economic downturn.</p><p>Sen. Elizabeth Warren (D-Mass.) told CNBC on Wednesday that she worried the Fed hikes would pose economic danger to those at the lowest end of the economic spectrum by raising unemployment.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166875960","content_text":"The Federal Reserve on Wednesday enacted its second consecutive 0.75 percentage point interest rate increase as it seeks to tamp down runaway inflation without creating a recession.In taking the benchmark overnight borrowing rate up to a range of 2.25%-2.5%, the moves in June and July represent the most stringent consecutive moves since the Fed began using the overnight funds rate as the principal tool of monetary policy in the early 1990s.While the fed funds rate most directly impacts what banks charge each other for short-term loans, it feeds into a multitude of consumer products such as adjustable mortgages, auto loans and credit cards. The increase takes the funds rate to its highest level since December 2018.Markets largely expected the move after Fed officials telegraphed the increase in a series of statements since the June meeting. Central bankers have emphasized the importance of bringing down inflation even if it means slowing the economy.In its post-meeting statement, the rate-setting Federal Open Market Committee cautioned that “recent indicators of spending and production have softened.”“Nonetheless, job gains have been robust in recent months, and the unemployment rate has remained low,” the committee added, using language similar to the June statement. Officials against described inflation as “elevated” and ascribed the situation to supply chain issues and higher prices for food and energy along with “broader price pressures.”The rate hike was approved unanimously. In June, Kansas City Fed President Esther George dissented, advocating a slower course with a half percentage point increase.The increases come in a year that began with rates floating around zero but which has seen a commonly cited inflation measure run at 9.1% annually. The Fed aims for inflation around 2%, though it adjusted that goal in 2020 to allow it to run a bit hotter in the interest of full and inclusive employment.In June, the unemployment rate held at 3.6%, close to full employment. But inflation, even by the Fed’s standard of core personal consumption expenditures, which was at 4.7% in May, is well off target.The efforts to bring down inflation are not without risks.The U.S. economy is teetering on a recession as inflation slows consumer purchases and dents business activity.First-quarter GDP declined by 1.6% annualized, and markets were bracing for a reading on the second quarter to be released Thursday that could show consecutive declines, a widely used barometer for a recession. The Dow Jones estimate for Thursday’s reading is 0.3%.Along with rate increases, the Fed is reducing the size of asset holdings on its nearly $9 trillion balance sheet. Beginning, in June, the Fed began allowing some of the proceeds from maturing bonds to roll off.The balance sheet has declined just $16 billion since the beginning of the roll-off, though the Fed set a cap of up to $47.5 billion that potentially could have been wound down. The cap will rise through the summer, eventually hitting $95 billion a month by September. The process is known in markets as “quantitative tightening” and is another mechanism the Fed uses to impact financial conditions.Along with the accelerated balance sheet runoff, markets expect the Fed to raise rates at least another half percentage point in September. Traders Wednesday afternoon were assigning about a 53% chance the central bank would go even further, with a third straight 0.75 percentage point, or 75 basis points, increase in September, according to CME Group data.The FOMC does not meet in August, instead gathering in Jackson Hole, Wyoming for its annual retreat.Markets expect the Fed to start cutting rates by next summer, even though committee projections released in June show now cuts until at least 2024.Multiple officials have said they expect to hike aggressively through September then assess what impact the moves were having on inflation. Despite the 1.5 percentage point increases between March and June, the June consumer price index reading was the highest since November 1981, with the rent index at its highest level since April 1986 and dental care costs hitting a record in a data series going back to 1995.The central bank has faced critics, both for being too slow to tighten when inflation first started to accelerate in 2021, and for possibly going too far and causing a more severe economic downturn.Sen. Elizabeth Warren (D-Mass.) told CNBC on Wednesday that she worried the Fed hikes would pose economic danger to those at the lowest end of the economic spectrum by raising unemployment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}