Richard0208 personal page - To The Moon

Richard0208

Richard0208

Short Term Investor

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04-09 23:55

To the moon sokn. Hope so.

2025-02-21

$AMC Entertainment(AMC)$

2023-04-03

Good

Sorry, the original content has been removed

01-11

I had a difficult choice between the Tiger Gold Desk TIGER, i like both designs; finally choose the Tiger Gold Hug. Both blanket designs are Best than Cap or HP cover. Much more practical. Well Prepared for 2026 🤩

02-07

To the moon now All the best

2025-12-19

To the MoON Well done to All

2021-07-01

Now back to $14 IPO price. Why not comparable to Uber $58[Sad] [Speechless] [LOL] [Spurting] [Facepalm] [Angry] [Smug]

Didi spikes 16% on its first day of trading

2023-01-18

Good sharing

US STOCKS-Goldman, Travelers Drag Dow Lower; Tesla Keeps Nasdaq Afloat

2021-09-03

This will sooner or later pull up others stocks to higher level…

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2022-10-24

Good sharing

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Go to Tiger App to see more news

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Just caught the Contra 688 promo, got the SGD688 voucher instantly. Its leadership in advanced nodes remains unshaken—I’m holding for the long run.","listText":"<a href=\"https://ttm.financial/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a> rode the AI chip demand surge perfectly—locked in a small gain! Just caught the Contra 688 promo, got the SGD688 voucher instantly. Its leadership in advanced nodes remains unshaken—I’m holding for the long run.","text":"$Taiwan Semiconductor Manufacturing(TSM)$ rode the AI chip demand surge perfectly—locked in a small gain! Just caught the Contra 688 promo, got the SGD688 voucher instantly. 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Extreme outflows followed by strong inflows can be a powerful signal — not just noise — especially during high-volatility phases like now. In this article I would like to share a holistic framework to understand why this pattern often precedes bull resumption. What Extreme Outflows + Then Strong Inflows Usually Mean 1) Capitulation → Re-Accumulation Outflows spike when investors panic or take profit aggressively. This flush reduces speculative leverage and weak hands. Inflows resuming afterward s","listText":"As we have seen Bitcoin in volatility move recently, I have been monitoring the inflows and outflows of funds to track Bitcoin prices, When we track Bitcoin fund flows (ETF flows, exchange wallet flows, stablecoin flows, miner flows), we are essentially watching capital positioning and conviction. Extreme outflows followed by strong inflows can be a powerful signal — not just noise — especially during high-volatility phases like now. In this article I would like to share a holistic framework to understand why this pattern often precedes bull resumption. What Extreme Outflows + Then Strong Inflows Usually Mean 1) Capitulation → Re-Accumulation Outflows spike when investors panic or take profit aggressively. This flush reduces speculative leverage and weak hands. Inflows resuming afterward s","text":"As we have seen Bitcoin in volatility move recently, I have been monitoring the inflows and outflows of funds to track Bitcoin prices, When we track Bitcoin fund flows (ETF flows, exchange wallet flows, stablecoin flows, miner flows), we are essentially watching capital positioning and conviction. Extreme outflows followed by strong inflows can be a powerful signal — not just noise — especially during high-volatility phases like now. In this article I would like to share a holistic framework to understand why this pattern often precedes bull resumption. What Extreme Outflows + Then Strong Inflows Usually Mean 1) Capitulation → Re-Accumulation Outflows spike when investors panic or take profit aggressively. This flush reduces speculative leverage and weak hands. Inflows resuming afterward s","images":[{"img":"https://community-static.tradeup.com/news/40c56e873191a520c0a558adab17c9f9","width":"1391","height":"645"},{"img":"https://community-static.tradeup.com/news/614f8ead85f28825963fd8d4e47c0ee6","width":"1527","height":"457"},{"img":"https://community-static.tradeup.com/news/a73d7b520f2631644e1056213ff9c040","width":"1073","height":"492"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/497517485298520","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1799,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":476569648870072,"gmtCreate":1757377311242,"gmtModify":1757377315320,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"To the moon very soon. Thanks 🤩&nbsp;","listText":"To the moon very soon. Thanks 🤩&nbsp;","text":"To the moon very soon. Thanks 🤩","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/476569648870072","isVote":1,"tweetType":1,"viewCount":2130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":472988951916840,"gmtCreate":1756511610950,"gmtModify":1756511613352,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"Share the good news. To the moon soon","listText":"Share the good news. To the moon soon","text":"Share the good news. To the moon soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/472988951916840","isVote":1,"tweetType":1,"viewCount":2745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":472988757475392,"gmtCreate":1756511574770,"gmtModify":1756511579513,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"Share the good news. To the moon soon","listText":"Share the good news. To the moon soon","text":"Share the good news. To the moon soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/472988757475392","isVote":1,"tweetType":1,"viewCount":2565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":472620862386232,"gmtCreate":1756421642179,"gmtModify":1756421645835,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"To the Moon. Hopefully very soon","listText":"To the Moon. Hopefully very soon","text":"To the Moon. Hopefully very soon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/472620862386232","isVote":1,"tweetType":1,"viewCount":1858,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":472252535296048,"gmtCreate":1756331832127,"gmtModify":1756331836383,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"To the moon soon....","listText":"To the moon soon....","text":"To the moon soon....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/472252535296048","isVote":1,"tweetType":1,"viewCount":1785,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":467324377198848,"gmtCreate":1755130619947,"gmtModify":1755130624152,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"To the moon Soon please","listText":"To the moon Soon please","text":"To the moon Soon please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/467324377198848","isVote":1,"tweetType":1,"viewCount":2143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":460990343688408,"gmtCreate":1753564541999,"gmtModify":1753564545911,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"To the moon","listText":"To the moon","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/460990343688408","isVote":1,"tweetType":1,"viewCount":1734,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":456626415555000,"gmtCreate":1752489275416,"gmtModify":1752489280795,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"Well done. Tk the moon","listText":"Well done. Tk the moon","text":"Well done. Tk the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/456626415555000","isVote":1,"tweetType":1,"viewCount":2034,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":456037180711200,"gmtCreate":1752373904162,"gmtModify":1752373908006,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"US consumers are paying the PRICE","listText":"US consumers are paying the PRICE","text":"US consumers are paying the PRICE","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/456037180711200","repostId":"2550632239","repostType":2,"repost":{"id":"2550632239","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":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1752365745,"share":"https://ttm.financial/m/news/2550632239?lang=en_US&edition=fundamental","pubTime":"2025-07-13 08:15","market":"us","language":"en","title":"US Customs Duties Top $100 Billion for First Time in a Fiscal Year","url":"https://stock-news.laohu8.com/highlight/detail?id=2550632239","media":"Reuters","summary":"US Treasury reports small budget surplus for JuneGross customs duties reach $27 billion in JuneBessent says US 'reaping the rewards' of Trump's tariff agendaTreasury chief says US tariff revenue...","content":"<html><head></head><body><ul style=\"\"><li><p>US Treasury reports small budget surplus for June</p></li><li><p>Gross customs duties reach $27 billion in June</p></li><li><p>Bessent says US &#39;reaping the rewards&#39; of Trump&#39;s tariff agenda</p></li><li><p>Treasury chief says US tariff revenue could reach $300 billion in 2025</p></li></ul><p>(Reuters) - U.S. customs duty collections surged again in June as President Donald Trump&#39;s tariffs gained steam, topping $100 billion for the first time during a fiscal year and helping to produce a surprise $27 billion budget surplus for the month, the Treasury Department reported on Friday.</p><p>The budget data showed that tariffs are starting to build into a significant revenue contributor for the federal government, with customs duties in June hitting new records, quadrupling to $27.2 billion on a gross basis and $26.6 billion on a net basis after refunds.</p><p>The budget results are likely to reinforce Trump&#39;s view of tariffs as a lucrative revenue source and as a hammer to enforce non-trade foreign policy. He said on Tuesday that &#34;the big money&#34; would start to flow in after he imposes higher &#34;reciprocal&#34; tariffs on U.S. trading partners on August 1.</p><p>U.S. Treasury Secretary Scott Bessent said on X that the results show the U.S. &#34;reaping the rewards&#34; from Trump&#39;s tariff agenda.</p><p>&#34;As President Trump works hard to take back our nation’s economic sovereignty, today’s Monthly Treasury Statement is demonstrating record customs duties – and with no inflation!&#34; Bessent said.</p><p>For the first nine months of fiscal 2025, the customs take reached records of $113.3 billion on a gross basis and $108 billion on a net basis, nearly double the prior-year collections. The government&#39;s fiscal year ends on Sept. 30.</p><p>Based on those results, tariffs have now grown into the fourth-largest revenue source for the federal government, behind individual withheld receipts at $2.683 trillion for the fiscal year, non-withheld individual receipts at $965 billion and corporate taxes at $392 billion.</p><p>In the space of roughly four months, tariffs as a share of federal revenue have more than doubled to around 5% from about 2% historically.</p><p>The June budget surplus represented a turnaround from the $71 billion deficit in June 2024. The new tariff-related revenue helped boost total budget receipts last month by 13%, or $60 billion, to $526 billion, a record for that month, the Treasury said. Outlays in June fell 7%, or $38 billion, to $499 billion.</p><p>But adjusting for calendar shifts of some revenue and benefit payments, it said there would have been a budget deficit of $70 billion in June along with a year-ago adjusted deficit of $143 billion.</p><p>The overall year-to-date deficit, however, increased 5%, or $64 billion, to $1.337 trillion, as outlays rose for health care programs, Social Security retirement benefits, defense spending, debt interest and the Department of <a href=\"https://laohu8.com/S/HSCC\">Homeland Security</a>, the Treasury said.</p><p>Receipts for the first nine months of the fiscal year rose 7%, or $254 billion, to a record $4.008 trillion, driven in part by withheld taxes from higher employment and wages, while outlays grew 6%, or $318 billion, to a record $5.346 trillion.</p><p>The Treasury&#39;s interest costs on the national debt continued to grow, exceeding all other individual outlays at $921 billion for the first nine months of the fiscal year, up 6%, or $53 billion, from the year-ago period.</p><p>But the Treasury&#39;s weighted average interest rate largely had stabilized at 3.3% at the end of June, up two basis points from a year ago, a Treasury official said.</p><p>BIGGER FLOW</p><p>Bessent earlier this week suggested a steeper ramp-up in tariff collections, telling a cabinet meeting that calendar-year 2025 collections could grow to $300 billion by the end of December.</p><p>At the June run rate, gross customs collections would hit $276.5 billion in six months&#39; time, which means reaching Bessent&#39;s target would require some increases.</p><p>Ernie Tedeschi, economics director of the Budget Lab at Yale University, said it may take more time for the tariff revenue to fully ramp up because businesses and consumers have sought to front run the duties by buying ahead.</p><p>Once that effect fades and Trump implements higher &#34;reciprocal tariff&#34; rates after an August 1 deadline, the Treasury may collect an extra $10 billion in tariffs per month, bringing the total to $37 billion, he said.</p><p>&#34;I think there&#39;s a significant risk...that we get addicted to tariff revenue,&#34; said Tedeschi, who served as a White House economic adviser during the Biden administration. He added that tariff income could fade over time as businesses and consumers adjust their behavior.</p><p>But Trump this week has ratcheted up his tariff actions, announcing 50% levies on copper imports and goods from Brazil and a 35% tariff on Canadian goods, all due to start on August 1. The Trump administration is preparing more sector-based tariffs on semiconductors and pharmaceuticals.</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 Customs Duties Top $100 Billion for First Time in a Fiscal Year</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 Customs Duties Top $100 Billion for First Time in a Fiscal Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-13 08:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul style=\"\"><li><p>US Treasury reports small budget surplus for June</p></li><li><p>Gross customs duties reach $27 billion in June</p></li><li><p>Bessent says US &#39;reaping the rewards&#39; of Trump&#39;s tariff agenda</p></li><li><p>Treasury chief says US tariff revenue could reach $300 billion in 2025</p></li></ul><p>(Reuters) - U.S. customs duty collections surged again in June as President Donald Trump&#39;s tariffs gained steam, topping $100 billion for the first time during a fiscal year and helping to produce a surprise $27 billion budget surplus for the month, the Treasury Department reported on Friday.</p><p>The budget data showed that tariffs are starting to build into a significant revenue contributor for the federal government, with customs duties in June hitting new records, quadrupling to $27.2 billion on a gross basis and $26.6 billion on a net basis after refunds.</p><p>The budget results are likely to reinforce Trump&#39;s view of tariffs as a lucrative revenue source and as a hammer to enforce non-trade foreign policy. He said on Tuesday that &#34;the big money&#34; would start to flow in after he imposes higher &#34;reciprocal&#34; tariffs on U.S. trading partners on August 1.</p><p>U.S. Treasury Secretary Scott Bessent said on X that the results show the U.S. &#34;reaping the rewards&#34; from Trump&#39;s tariff agenda.</p><p>&#34;As President Trump works hard to take back our nation’s economic sovereignty, today’s Monthly Treasury Statement is demonstrating record customs duties – and with no inflation!&#34; Bessent said.</p><p>For the first nine months of fiscal 2025, the customs take reached records of $113.3 billion on a gross basis and $108 billion on a net basis, nearly double the prior-year collections. The government&#39;s fiscal year ends on Sept. 30.</p><p>Based on those results, tariffs have now grown into the fourth-largest revenue source for the federal government, behind individual withheld receipts at $2.683 trillion for the fiscal year, non-withheld individual receipts at $965 billion and corporate taxes at $392 billion.</p><p>In the space of roughly four months, tariffs as a share of federal revenue have more than doubled to around 5% from about 2% historically.</p><p>The June budget surplus represented a turnaround from the $71 billion deficit in June 2024. The new tariff-related revenue helped boost total budget receipts last month by 13%, or $60 billion, to $526 billion, a record for that month, the Treasury said. Outlays in June fell 7%, or $38 billion, to $499 billion.</p><p>But adjusting for calendar shifts of some revenue and benefit payments, it said there would have been a budget deficit of $70 billion in June along with a year-ago adjusted deficit of $143 billion.</p><p>The overall year-to-date deficit, however, increased 5%, or $64 billion, to $1.337 trillion, as outlays rose for health care programs, Social Security retirement benefits, defense spending, debt interest and the Department of <a href=\"https://laohu8.com/S/HSCC\">Homeland Security</a>, the Treasury said.</p><p>Receipts for the first nine months of the fiscal year rose 7%, or $254 billion, to a record $4.008 trillion, driven in part by withheld taxes from higher employment and wages, while outlays grew 6%, or $318 billion, to a record $5.346 trillion.</p><p>The Treasury&#39;s interest costs on the national debt continued to grow, exceeding all other individual outlays at $921 billion for the first nine months of the fiscal year, up 6%, or $53 billion, from the year-ago period.</p><p>But the Treasury&#39;s weighted average interest rate largely had stabilized at 3.3% at the end of June, up two basis points from a year ago, a Treasury official said.</p><p>BIGGER FLOW</p><p>Bessent earlier this week suggested a steeper ramp-up in tariff collections, telling a cabinet meeting that calendar-year 2025 collections could grow to $300 billion by the end of December.</p><p>At the June run rate, gross customs collections would hit $276.5 billion in six months&#39; time, which means reaching Bessent&#39;s target would require some increases.</p><p>Ernie Tedeschi, economics director of the Budget Lab at Yale University, said it may take more time for the tariff revenue to fully ramp up because businesses and consumers have sought to front run the duties by buying ahead.</p><p>Once that effect fades and Trump implements higher &#34;reciprocal tariff&#34; rates after an August 1 deadline, the Treasury may collect an extra $10 billion in tariffs per month, bringing the total to $37 billion, he said.</p><p>&#34;I think there&#39;s a significant risk...that we get addicted to tariff revenue,&#34; said Tedeschi, who served as a White House economic adviser during the Biden administration. He added that tariff income could fade over time as businesses and consumers adjust their behavior.</p><p>But Trump this week has ratcheted up his tariff actions, announcing 50% levies on copper imports and goods from Brazil and a 35% tariff on Canadian goods, all due to start on August 1. The Trump administration is preparing more sector-based tariffs on semiconductors and pharmaceuticals.</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":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250711:nL1N3T80O6:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2550632239","content_text":"US Treasury reports small budget surplus for JuneGross customs duties reach $27 billion in JuneBessent says US 'reaping the rewards' of Trump's tariff agendaTreasury chief says US tariff revenue could reach $300 billion in 2025(Reuters) - U.S. customs duty collections surged again in June as President Donald Trump's tariffs gained steam, topping $100 billion for the first time during a fiscal year and helping to produce a surprise $27 billion budget surplus for the month, the Treasury Department reported on Friday.The budget data showed that tariffs are starting to build into a significant revenue contributor for the federal government, with customs duties in June hitting new records, quadrupling to $27.2 billion on a gross basis and $26.6 billion on a net basis after refunds.The budget results are likely to reinforce Trump's view of tariffs as a lucrative revenue source and as a hammer to enforce non-trade foreign policy. He said on Tuesday that \"the big money\" would start to flow in after he imposes higher \"reciprocal\" tariffs on U.S. trading partners on August 1.U.S. Treasury Secretary Scott Bessent said on X that the results show the U.S. \"reaping the rewards\" from Trump's tariff agenda.\"As President Trump works hard to take back our nation’s economic sovereignty, today’s Monthly Treasury Statement is demonstrating record customs duties – and with no inflation!\" Bessent said.For the first nine months of fiscal 2025, the customs take reached records of $113.3 billion on a gross basis and $108 billion on a net basis, nearly double the prior-year collections. The government's fiscal year ends on Sept. 30.Based on those results, tariffs have now grown into the fourth-largest revenue source for the federal government, behind individual withheld receipts at $2.683 trillion for the fiscal year, non-withheld individual receipts at $965 billion and corporate taxes at $392 billion.In the space of roughly four months, tariffs as a share of federal revenue have more than doubled to around 5% from about 2% historically.The June budget surplus represented a turnaround from the $71 billion deficit in June 2024. The new tariff-related revenue helped boost total budget receipts last month by 13%, or $60 billion, to $526 billion, a record for that month, the Treasury said. Outlays in June fell 7%, or $38 billion, to $499 billion.But adjusting for calendar shifts of some revenue and benefit payments, it said there would have been a budget deficit of $70 billion in June along with a year-ago adjusted deficit of $143 billion.The overall year-to-date deficit, however, increased 5%, or $64 billion, to $1.337 trillion, as outlays rose for health care programs, Social Security retirement benefits, defense spending, debt interest and the Department of Homeland Security, the Treasury said.Receipts for the first nine months of the fiscal year rose 7%, or $254 billion, to a record $4.008 trillion, driven in part by withheld taxes from higher employment and wages, while outlays grew 6%, or $318 billion, to a record $5.346 trillion.The Treasury's interest costs on the national debt continued to grow, exceeding all other individual outlays at $921 billion for the first nine months of the fiscal year, up 6%, or $53 billion, from the year-ago period.But the Treasury's weighted average interest rate largely had stabilized at 3.3% at the end of June, up two basis points from a year ago, a Treasury official said.BIGGER FLOWBessent earlier this week suggested a steeper ramp-up in tariff collections, telling a cabinet meeting that calendar-year 2025 collections could grow to $300 billion by the end of December.At the June run rate, gross customs collections would hit $276.5 billion in six months' time, which means reaching Bessent's target would require some increases.Ernie Tedeschi, economics director of the Budget Lab at Yale University, said it may take more time for the tariff revenue to fully ramp up because businesses and consumers have sought to front run the duties by buying ahead.Once that effect fades and Trump implements higher \"reciprocal tariff\" rates after an August 1 deadline, the Treasury may collect an extra $10 billion in tariffs per month, bringing the total to $37 billion, he said.\"I think there's a significant risk...that we get addicted to tariff revenue,\" said Tedeschi, who served as a White House economic adviser during the Biden administration. He added that tariff income could fade over time as businesses and consumers adjust their behavior.But Trump this week has ratcheted up his tariff actions, announcing 50% levies on copper imports and goods from Brazil and a 35% tariff on Canadian goods, all due to start on August 1. The Trump administration is preparing more sector-based tariffs on semiconductors and pharmaceuticals.","news_type":1,"symbols_score_info":{".IXIC":1.1,".SPX":1.1,".DJI":1.1}},"isVote":1,"tweetType":1,"viewCount":1736,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":453228289589800,"gmtCreate":1751673344804,"gmtModify":1751673349562,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"To the moon Sure Wins","listText":"To the moon Sure Wins","text":"To the moon Sure Wins","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/453228289589800","isVote":1,"tweetType":1,"viewCount":2216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":551892050923632,"gmtCreate":1775750131729,"gmtModify":1775750135532,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"title":"","htmlText":"To the moon sokn.&nbsp; Hope so.&nbsp;","listText":"To the moon sokn.&nbsp; Hope so.&nbsp;","text":"To the moon sokn. Hope so.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/551892050923632","isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":405777509507160,"gmtCreate":1740094563548,"gmtModify":1740094568067,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a>&nbsp;","listText":"<a href=\"https://ttm.financial/S/AMC\">$AMC Entertainment(AMC)$&nbsp;</a>&nbsp;","text":"$AMC Entertainment(AMC)$","images":[{"img":"https://community-static.tradeup.com/news/dd1c4300cd3bc6a420cb1be8f78a033b","width":"1092","height":"1717"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/405777509507160","isVote":1,"tweetType":1,"viewCount":2983,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9941526053,"gmtCreate":1680475851072,"gmtModify":1680475854621,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":28,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941526053","repostId":"2324087350","repostType":2,"isVote":1,"tweetType":1,"viewCount":780,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":520410009429096,"gmtCreate":1768101503818,"gmtModify":1768101508132,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"I had a difficult choice between the Tiger Gold Desk TIGER, i like both designs; finally choose the Tiger Gold Hug. Both blanket designs are Best than Cap or HP cover. Much more practical. Well Prepared for 2026 🤩","listText":"I had a difficult choice between the Tiger Gold Desk TIGER, i like both designs; finally choose the Tiger Gold Hug. Both blanket designs are Best than Cap or HP cover. Much more practical. Well Prepared for 2026 🤩","text":"I had a difficult choice between the Tiger Gold Desk TIGER, i like both designs; finally choose the Tiger Gold Hug. Both blanket designs are Best than Cap or HP cover. Much more practical. Well Prepared for 2026 🤩","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/520410009429096","isVote":1,"tweetType":1,"viewCount":781,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":529915680514576,"gmtCreate":1770395506066,"gmtModify":1770395510267,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"title":"","htmlText":"To the moon now All the best","listText":"To the moon now All the best","text":"To the moon now All the best","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/529915680514576","isVote":1,"tweetType":1,"viewCount":886,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":512436292551008,"gmtCreate":1766134174005,"gmtModify":1766134177909,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"title":"","htmlText":"To the MoON Well done to All","listText":"To the MoON Well done to All","text":"To the MoON Well done to All","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/512436292551008","isVote":1,"tweetType":1,"viewCount":1215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151229582,"gmtCreate":1625095512646,"gmtModify":1703735889482,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"Now back to $14 IPO price.&nbsp;Why not comparable to Uber $58[Sad]&nbsp;[Speechless]&nbsp;[LOL]&nbsp;[Spurting]&nbsp;[Facepalm]&nbsp;[Angry]&nbsp;[Smug]&nbsp;","listText":"Now back to $14 IPO price.&nbsp;Why not comparable to Uber $58[Sad]&nbsp;[Speechless]&nbsp;[LOL]&nbsp;[Spurting]&nbsp;[Facepalm]&nbsp;[Angry]&nbsp;[Smug]&nbsp;","text":"Now back to $14 IPO price. Why not comparable to Uber $58[Sad] [Speechless] [LOL] [Spurting] [Facepalm] [Angry] [Smug]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/151229582","repostId":"1123487269","repostType":4,"repost":{"id":"1123487269","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":1625071662,"share":"https://ttm.financial/m/news/1123487269?lang=en_US&edition=fundamental","pubTime":"2021-07-01 00:47","market":"us","language":"en","title":"Didi spikes 16% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1123487269","media":"Tiger Newspress","summary":"Chinese ride-hailing giant Didi Global Inc.opened at $16.32 each on Wednesday, about 16% higher than","content":"<p>Chinese ride-hailing giant&nbsp;Didi Global Inc.opened at $16.32&nbsp;each on Wednesday, about 16% higher than the company’s IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/85a8c96b377b4febacd7009170064bdc\" tg-width=\"1296\" tg-height=\"833\"></p>\n<p>The Chinese ride-hailing behemoth on Wednesday said it&nbsp;sold 316.8 million American depositary shares at $14 each, the top of its $13 to $14 price range. Four such shares represent one class A ordinary share.&nbsp;The company announced on Wednesday morning that it had increased the size of the deal; it had planned on offering 288 million shares.</p>\n<p>At $14 a share, Didi would have a $67 billion market capitalization. On a fully diluted basis, Didi’s valuation rises to about $73 billion</p>\n<p>The Beijing company has raised $4 billion in the offering. The shares will start trading on Wednesday on the New York Stock Exchange under the ticker DIDI.</p>\n<p>Goldman Sachs, Morgan Stanley, and J.P. Morgan are the underwriters on the Didi offering.</p>\n<p>Didi provides a smartphone app that lets users connect with vehicles and taxis for hire. Founded in 2012, it operates in nearly 4,000 cities, counties, and towns across 16 countries,its prospectus said. It had more than 493 million annual active users as of March 31.</p>\n<p><b>Its relationship with Uber is complicated</b></p>\n<p>Comparisons between the world’s top two ride-hailing companies could become more frequent as Didi goes public in the United States.</p>\n<p>In its filing, Didi said it has hundreds of millions of riders in China and operates in 16 countries and nearly 4,000 cities. Besides ride hailing, its new services include intra-city freight, community group buying and food delivery.</p>\n<p>In its 2020 annual report, San Francisco-based Uber said that as of Dec. 31, 2020, it operated in 71 countries and about 10,000 cities. Uber offers rides, delivery and freight. Although it&nbsp;unloaded its autonomous-vehicle business&nbsp;last year, it has a partnership with self-driving company Aurora Technologies.</p>\n<p>One thing Didi has in common with Uber (and smaller rival Lyft) is that it has also been mostly unprofitable. But it did turn a profit in the first quarter, reporting net income of 5.49 billion rembini ($837 million) on revenue of RMB 42.16 billion ($6.44 billion), up from a loss of RMB 3.97 billion on sales of RMB 20.47 billion the year before. That profit was largely due to its investments.</p>\n<p>After a battle in which Didi and Uber lost a lot of money as they tried to undercut each other in China, Uber sold its Chinese business to Didi for $7 billion in 2016. Uber’s CEO at the time, Travis Kalanick, wrote in a blog post announcing the deal: “Uber and Didi Chuxing are investing billions of dollars in China and both companies have yet to turn a profit there.”</p>\n<p>Uber retained a 12.8% stake in Didi, though, which will be reduced to a 12% stake after the IPO. That’s the second-largest stake in the company behind SoftBank Group’s 21.5% in equity ahead of the IPO. At the midpoint of Didi’s expected selling price, the number of shares Uber holds could be worth about $1.94 billion.</p>\n<p>Didi sold all the shares it held in Uber last year for a gain of RMB 2.8 million ($427,417), according to its filing.</p>\n<p><b>Insiders will have control</b></p>\n<p>Following the trend of many recent IPOs, especially in the tech world, Didi will have a dual-class stock structure. Each Class A share (equal to four ADS) will have one vote, and each Class B share will have 10 votes.</p>\n<p>Founder and Chief Executive Will Wei Cheng, co-founder and President Jean Qing Liu and CEO of the international business group Stephen Jingshi Zhu, who all sit on the board, will own all issued and outstanding Class&nbsp;B ordinary shares. These shares will comprise 9.8% of the company’s total issued shares and 52% of the voting power immediately after the public offering.</p>\n<p>Cheng, 38, is also the chairman of the board. The former Alibaba and Alipay manager will have 6.5% equity in the company but 35.5% of the voting power after the IPO.</p>\n<p>Cheng brought on Liu two years after he founded Didi. She will have 1.6% equity in the company after the offering.</p>\n<p>The other top stakeholder in Didi besides its top executives, SoftBank and Uber is Tencent Holdings, which will have a 6.4% stake post-IPO.</p>\n<p><b>‘Darkest days’</b></p>\n<p>In summer 2018, two female passengers&nbsp;were killed&nbsp;by drivers on Didi’s Hitch platform. “These shook us to our core,” Cheng and Liu wrote in their founders’ letter under a section they called “Our darkest days.”</p>\n<p>They said the company changed how it onboarded drivers and expanded background checks, as well as redesigned its technology with safety in mind. Didi also established what it calls a “SWAT team” to respond to safety incidents. In places where it is allowed, the company has installed video cameras in its ride-hailing vehicles.</p>\n<p>The changes led to what the company said was “a massive drop in the number of criminal incidents per million rides on our platform as well as significant declines in the number of in-car disputes and traffic accidents.”</p>\n<p>The company says that although the number of incidents have gone down, safety remains a risk factor.</p>\n<p><b>Risk factors</b></p>\n<p>Other big risk factors for the company include the Chinese government’s recently stepped-up&nbsp;antitrust crackdown on tech companies, including Didi. In its filing, Didi said that while it has completed a self-inspection and has tried to correct or improve in certain areas, it can’t be sure the government will be satisfied with that.</p>\n<p>The company also said government regulators are concerned about driver income, pricing, and fairness to all platform participants, including riders and drivers. Like its biggest competitors, Didi treats its drivers as independent contractors, not employees. “Our business would be adversely affected if drivers were classified as employees, workers or quasi-employees,” Didi said in its filing.</p>\n<p>As for how the COVID-19 pandemic has affected and continues to affect Didi’s business, the company said its core platform’s gross transaction value fell 4.8% in 2020 compared with 2019. In China, its mobility business’ GTV decreased 6.6% in the same period, while international GTV actually rose 11.4%. Didi cited increasing coronavirus cases in certain parts of the world as continuing risk factors.</p>\n<p><b>Other businesses</b></p>\n<p>Didi says it has the world’s largest network of electric vehicles on its platform: 1 million, including hybrids, as of the end of last year. Those EVs account for nearly 40% of the electric vehicle miles traveled in China, the company said, citing a study it commissioned. Didi has designed an EV itself, called the D1. It also says it has built China’s largest charging network, with more than 30% market share of total public charging volume in the first quarter of 2021.</p>\n<p>As for autonomous vehicles, Didi says it has a team of more than 500 members working on Level 4 AVs for its fleet. The company said self-driving vehicles should help meet what it sees as increasing demand for ride-hailing services.</p>\n<p>“The global mobility market is expected to reach $16.4 trillion by 2040, by which time the penetration of shared mobility and electric vehicles is expected to have increased to 23.6% and 29.3%, respectively,” it said in its filing, citing research it commissioned.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Didi spikes 16% on its first day of 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\">\nDidi spikes 16% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-01 00:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese ride-hailing giant&nbsp;Didi Global Inc.opened at $16.32&nbsp;each on Wednesday, about 16% higher than the company’s IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/85a8c96b377b4febacd7009170064bdc\" tg-width=\"1296\" tg-height=\"833\"></p>\n<p>The Chinese ride-hailing behemoth on Wednesday said it&nbsp;sold 316.8 million American depositary shares at $14 each, the top of its $13 to $14 price range. Four such shares represent one class A ordinary share.&nbsp;The company announced on Wednesday morning that it had increased the size of the deal; it had planned on offering 288 million shares.</p>\n<p>At $14 a share, Didi would have a $67 billion market capitalization. On a fully diluted basis, Didi’s valuation rises to about $73 billion</p>\n<p>The Beijing company has raised $4 billion in the offering. The shares will start trading on Wednesday on the New York Stock Exchange under the ticker DIDI.</p>\n<p>Goldman Sachs, Morgan Stanley, and J.P. Morgan are the underwriters on the Didi offering.</p>\n<p>Didi provides a smartphone app that lets users connect with vehicles and taxis for hire. Founded in 2012, it operates in nearly 4,000 cities, counties, and towns across 16 countries,its prospectus said. It had more than 493 million annual active users as of March 31.</p>\n<p><b>Its relationship with Uber is complicated</b></p>\n<p>Comparisons between the world’s top two ride-hailing companies could become more frequent as Didi goes public in the United States.</p>\n<p>In its filing, Didi said it has hundreds of millions of riders in China and operates in 16 countries and nearly 4,000 cities. Besides ride hailing, its new services include intra-city freight, community group buying and food delivery.</p>\n<p>In its 2020 annual report, San Francisco-based Uber said that as of Dec. 31, 2020, it operated in 71 countries and about 10,000 cities. Uber offers rides, delivery and freight. Although it&nbsp;unloaded its autonomous-vehicle business&nbsp;last year, it has a partnership with self-driving company Aurora Technologies.</p>\n<p>One thing Didi has in common with Uber (and smaller rival Lyft) is that it has also been mostly unprofitable. But it did turn a profit in the first quarter, reporting net income of 5.49 billion rembini ($837 million) on revenue of RMB 42.16 billion ($6.44 billion), up from a loss of RMB 3.97 billion on sales of RMB 20.47 billion the year before. That profit was largely due to its investments.</p>\n<p>After a battle in which Didi and Uber lost a lot of money as they tried to undercut each other in China, Uber sold its Chinese business to Didi for $7 billion in 2016. Uber’s CEO at the time, Travis Kalanick, wrote in a blog post announcing the deal: “Uber and Didi Chuxing are investing billions of dollars in China and both companies have yet to turn a profit there.”</p>\n<p>Uber retained a 12.8% stake in Didi, though, which will be reduced to a 12% stake after the IPO. That’s the second-largest stake in the company behind SoftBank Group’s 21.5% in equity ahead of the IPO. At the midpoint of Didi’s expected selling price, the number of shares Uber holds could be worth about $1.94 billion.</p>\n<p>Didi sold all the shares it held in Uber last year for a gain of RMB 2.8 million ($427,417), according to its filing.</p>\n<p><b>Insiders will have control</b></p>\n<p>Following the trend of many recent IPOs, especially in the tech world, Didi will have a dual-class stock structure. Each Class A share (equal to four ADS) will have one vote, and each Class B share will have 10 votes.</p>\n<p>Founder and Chief Executive Will Wei Cheng, co-founder and President Jean Qing Liu and CEO of the international business group Stephen Jingshi Zhu, who all sit on the board, will own all issued and outstanding Class&nbsp;B ordinary shares. These shares will comprise 9.8% of the company’s total issued shares and 52% of the voting power immediately after the public offering.</p>\n<p>Cheng, 38, is also the chairman of the board. The former Alibaba and Alipay manager will have 6.5% equity in the company but 35.5% of the voting power after the IPO.</p>\n<p>Cheng brought on Liu two years after he founded Didi. She will have 1.6% equity in the company after the offering.</p>\n<p>The other top stakeholder in Didi besides its top executives, SoftBank and Uber is Tencent Holdings, which will have a 6.4% stake post-IPO.</p>\n<p><b>‘Darkest days’</b></p>\n<p>In summer 2018, two female passengers&nbsp;were killed&nbsp;by drivers on Didi’s Hitch platform. “These shook us to our core,” Cheng and Liu wrote in their founders’ letter under a section they called “Our darkest days.”</p>\n<p>They said the company changed how it onboarded drivers and expanded background checks, as well as redesigned its technology with safety in mind. Didi also established what it calls a “SWAT team” to respond to safety incidents. In places where it is allowed, the company has installed video cameras in its ride-hailing vehicles.</p>\n<p>The changes led to what the company said was “a massive drop in the number of criminal incidents per million rides on our platform as well as significant declines in the number of in-car disputes and traffic accidents.”</p>\n<p>The company says that although the number of incidents have gone down, safety remains a risk factor.</p>\n<p><b>Risk factors</b></p>\n<p>Other big risk factors for the company include the Chinese government’s recently stepped-up&nbsp;antitrust crackdown on tech companies, including Didi. In its filing, Didi said that while it has completed a self-inspection and has tried to correct or improve in certain areas, it can’t be sure the government will be satisfied with that.</p>\n<p>The company also said government regulators are concerned about driver income, pricing, and fairness to all platform participants, including riders and drivers. Like its biggest competitors, Didi treats its drivers as independent contractors, not employees. “Our business would be adversely affected if drivers were classified as employees, workers or quasi-employees,” Didi said in its filing.</p>\n<p>As for how the COVID-19 pandemic has affected and continues to affect Didi’s business, the company said its core platform’s gross transaction value fell 4.8% in 2020 compared with 2019. In China, its mobility business’ GTV decreased 6.6% in the same period, while international GTV actually rose 11.4%. Didi cited increasing coronavirus cases in certain parts of the world as continuing risk factors.</p>\n<p><b>Other businesses</b></p>\n<p>Didi says it has the world’s largest network of electric vehicles on its platform: 1 million, including hybrids, as of the end of last year. Those EVs account for nearly 40% of the electric vehicle miles traveled in China, the company said, citing a study it commissioned. Didi has designed an EV itself, called the D1. It also says it has built China’s largest charging network, with more than 30% market share of total public charging volume in the first quarter of 2021.</p>\n<p>As for autonomous vehicles, Didi says it has a team of more than 500 members working on Level 4 AVs for its fleet. The company said self-driving vehicles should help meet what it sees as increasing demand for ride-hailing services.</p>\n<p>“The global mobility market is expected to reach $16.4 trillion by 2040, by which time the penetration of shared mobility and electric vehicles is expected to have increased to 23.6% and 29.3%, respectively,” it said in its filing, citing research it commissioned.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123487269","content_text":"Chinese ride-hailing giant Didi Global Inc.opened at $16.32 each on Wednesday, about 16% higher than the company’s IPO price.\n\nThe Chinese ride-hailing behemoth on Wednesday said it sold 316.8 million American depositary shares at $14 each, the top of its $13 to $14 price range. Four such shares represent one class A ordinary share. The company announced on Wednesday morning that it had increased the size of the deal; it had planned on offering 288 million shares.\nAt $14 a share, Didi would have a $67 billion market capitalization. On a fully diluted basis, Didi’s valuation rises to about $73 billion\nThe Beijing company has raised $4 billion in the offering. The shares will start trading on Wednesday on the New York Stock Exchange under the ticker DIDI.\nGoldman Sachs, Morgan Stanley, and J.P. Morgan are the underwriters on the Didi offering.\nDidi provides a smartphone app that lets users connect with vehicles and taxis for hire. Founded in 2012, it operates in nearly 4,000 cities, counties, and towns across 16 countries,its prospectus said. It had more than 493 million annual active users as of March 31.\nIts relationship with Uber is complicated\nComparisons between the world’s top two ride-hailing companies could become more frequent as Didi goes public in the United States.\nIn its filing, Didi said it has hundreds of millions of riders in China and operates in 16 countries and nearly 4,000 cities. Besides ride hailing, its new services include intra-city freight, community group buying and food delivery.\nIn its 2020 annual report, San Francisco-based Uber said that as of Dec. 31, 2020, it operated in 71 countries and about 10,000 cities. Uber offers rides, delivery and freight. Although it unloaded its autonomous-vehicle business last year, it has a partnership with self-driving company Aurora Technologies.\nOne thing Didi has in common with Uber (and smaller rival Lyft) is that it has also been mostly unprofitable. But it did turn a profit in the first quarter, reporting net income of 5.49 billion rembini ($837 million) on revenue of RMB 42.16 billion ($6.44 billion), up from a loss of RMB 3.97 billion on sales of RMB 20.47 billion the year before. That profit was largely due to its investments.\nAfter a battle in which Didi and Uber lost a lot of money as they tried to undercut each other in China, Uber sold its Chinese business to Didi for $7 billion in 2016. Uber’s CEO at the time, Travis Kalanick, wrote in a blog post announcing the deal: “Uber and Didi Chuxing are investing billions of dollars in China and both companies have yet to turn a profit there.”\nUber retained a 12.8% stake in Didi, though, which will be reduced to a 12% stake after the IPO. That’s the second-largest stake in the company behind SoftBank Group’s 21.5% in equity ahead of the IPO. At the midpoint of Didi’s expected selling price, the number of shares Uber holds could be worth about $1.94 billion.\nDidi sold all the shares it held in Uber last year for a gain of RMB 2.8 million ($427,417), according to its filing.\nInsiders will have control\nFollowing the trend of many recent IPOs, especially in the tech world, Didi will have a dual-class stock structure. Each Class A share (equal to four ADS) will have one vote, and each Class B share will have 10 votes.\nFounder and Chief Executive Will Wei Cheng, co-founder and President Jean Qing Liu and CEO of the international business group Stephen Jingshi Zhu, who all sit on the board, will own all issued and outstanding Class B ordinary shares. These shares will comprise 9.8% of the company’s total issued shares and 52% of the voting power immediately after the public offering.\nCheng, 38, is also the chairman of the board. The former Alibaba and Alipay manager will have 6.5% equity in the company but 35.5% of the voting power after the IPO.\nCheng brought on Liu two years after he founded Didi. She will have 1.6% equity in the company after the offering.\nThe other top stakeholder in Didi besides its top executives, SoftBank and Uber is Tencent Holdings, which will have a 6.4% stake post-IPO.\n‘Darkest days’\nIn summer 2018, two female passengers were killed by drivers on Didi’s Hitch platform. “These shook us to our core,” Cheng and Liu wrote in their founders’ letter under a section they called “Our darkest days.”\nThey said the company changed how it onboarded drivers and expanded background checks, as well as redesigned its technology with safety in mind. Didi also established what it calls a “SWAT team” to respond to safety incidents. In places where it is allowed, the company has installed video cameras in its ride-hailing vehicles.\nThe changes led to what the company said was “a massive drop in the number of criminal incidents per million rides on our platform as well as significant declines in the number of in-car disputes and traffic accidents.”\nThe company says that although the number of incidents have gone down, safety remains a risk factor.\nRisk factors\nOther big risk factors for the company include the Chinese government’s recently stepped-up antitrust crackdown on tech companies, including Didi. In its filing, Didi said that while it has completed a self-inspection and has tried to correct or improve in certain areas, it can’t be sure the government will be satisfied with that.\nThe company also said government regulators are concerned about driver income, pricing, and fairness to all platform participants, including riders and drivers. Like its biggest competitors, Didi treats its drivers as independent contractors, not employees. “Our business would be adversely affected if drivers were classified as employees, workers or quasi-employees,” Didi said in its filing.\nAs for how the COVID-19 pandemic has affected and continues to affect Didi’s business, the company said its core platform’s gross transaction value fell 4.8% in 2020 compared with 2019. In China, its mobility business’ GTV decreased 6.6% in the same period, while international GTV actually rose 11.4%. Didi cited increasing coronavirus cases in certain parts of the world as continuing risk factors.\nOther businesses\nDidi says it has the world’s largest network of electric vehicles on its platform: 1 million, including hybrids, as of the end of last year. Those EVs account for nearly 40% of the electric vehicle miles traveled in China, the company said, citing a study it commissioned. Didi has designed an EV itself, called the D1. It also says it has built China’s largest charging network, with more than 30% market share of total public charging volume in the first quarter of 2021.\nAs for autonomous vehicles, Didi says it has a team of more than 500 members working on Level 4 AVs for its fleet. The company said self-driving vehicles should help meet what it sees as increasing demand for ride-hailing services.\n“The global mobility market is expected to reach $16.4 trillion by 2040, by which time the penetration of shared mobility and electric vehicles is expected to have increased to 23.6% and 29.3%, respectively,” it said in its filing, citing research it commissioned.","news_type":1,"symbols_score_info":{"DIDI":0.9}},"isVote":1,"tweetType":1,"viewCount":1316,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582020830270271","authorId":"3582020830270271","name":"tkj","avatar":"https://static.tigerbbs.com/b4db3635974ce189ed8129eca6b5b618","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3582020830270271","idStr":"3582020830270271"},"content":"all these are hypes and people are buying a future. none, including Uber, have turned a profit after so many years. just wondering what kind of future are we buying? when will they turnaround?","text":"all these are hypes and people are buying a future. none, including Uber, have turned a profit after so many years. just wondering what kind of future are we buying? when will they turnaround?","html":"all these are hypes and people are buying a future. none, including Uber, have turned a profit after so many years. just wondering what kind of future are we buying? when will they turnaround?"},{"author":{"id":"3574739732742262","authorId":"3574739732742262","name":"phtan68","avatar":"https://static.tigerbbs.com/6e3f25ca6f0628d3425ae8bb0e944aab","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3574739732742262","idStr":"3574739732742262"},"content":"agreed.....Uber to be.....","text":"agreed.....Uber to be.....","html":"agreed.....Uber to be....."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956667230,"gmtCreate":1673996762720,"gmtModify":1676538913301,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"&nbsp;Good sharing&nbsp;","listText":"&nbsp;Good sharing&nbsp;","text":"Good sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9956667230","repostId":"2304252319","repostType":2,"repost":{"id":"2304252319","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":1673996684,"share":"https://ttm.financial/m/news/2304252319?lang=en_US&edition=fundamental","pubTime":"2023-01-18 07:04","market":"us","language":"en","title":"US STOCKS-Goldman, Travelers Drag Dow Lower; Tesla Keeps Nasdaq Afloat","url":"https://stock-news.laohu8.com/highlight/detail?id=2304252319","media":"Reuters","summary":"The Dow fell more than 1% on Tuesday as weak earnings from Goldman Sachs dragged the index lower, bu","content":"<html><head></head><body><p>The Dow fell more than 1% on Tuesday as weak earnings from Goldman Sachs dragged the index lower, but a jump in Tesla shares helped the Nasdaq stay postive as the corporate earnings season took center stage.</p><p>The rise in Tesla Inc after the electric-vehicle maker&#39;s January retail sales surged in China helped growth-oriented shares eke out gains, but small caps and value stocks fell as fears of a recession unsettled investors.</p><p>Earnings from Goldman Sachs and Morgan Stanley closed out what was a mixed bag for big banks, many of which have stashed rainy-day funds to gird against a potential downturn.</p><p>Analysts are anxious to hear from corporate America about the demand environment amid signs of an upward trend in the economy, said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>&#34;Earnings estimates have declined so much at the start of earnings season that there&#39;s potential for companies to hurdle past a really low bar,&#34; Saglimbene said.</p><p>&#34;If the demand environment is still relatively healthy, that would exceed expectations because I think analysts took down earnings so much.&#34;</p><p>Goldman Sachs Group Inc slumped 6.44% after the bank reported a bigger-than-expected drop in quarterly profit and was the biggest drag on the price-weighted index. A stock&#39;s share value is proportional to its contribution to the index, in contrast to the market capitalization-weighted S&amp;P 500.</p><p>Goldman Sachs posted its biggest one-day percentage drop since a year ago in January.</p><p>Also weighing on the blue-chip Dow index was insurer Travelers Cos Inc, which fell 4.60% after forecasting fourth-quarter earnings below estimates.</p><p>But a 7.43% jump in Tesla helped keep the Nasdaq afloat after recent price cuts the company made on its top-selling models, data from China Merchants Bank International showed.</p><p>Tesla was the largest percentage gainer on both the S&amp;P 500 and the Nasdaq 100.</p><p>The Dow Jones Industrial Average fell 391.76 points, or 1.14%, to 33,910.85 and the S&amp;P 500 lost 8.12 points, or 0.20%, to 3,990.97. The Nasdaq Composite added 15.96 points, or 0.14%, to 11,095.11.</p><p>The Dow snapped a four-session win streak, while the Nasdaq notched its seventh straight gain, its longest streak since November 2021.</p><p>Volume on U.S. exchanges was 11.11 billion shares.</p><p>Morgan Stanley(MS.N)rose 5.91% after it beat analysts&#39; estimates for fourth-quarter profit as its trading business got a boost from market volatility.</p><p>Analysts expect year-over-year earnings from S&amp;P 500 companies to decline 2.4% for the quarter, according to Refinitiv data, compared with a 1.6% decline at the start of the year.</p><p>Data showed New York state manufacturing contracted sharply in January as orders collapsed and employment growth stalled, pointing to continued weakness in national factory activity, fueling recession concerns.</p><p>Equity markets have posted a strong start to the year after a dismal 2022, on hopes easing inflation and a slowdown most notably in the labor market would allow the Federal Reserve to pare the size of interest rate hikes it is using to combat high prices.</p><p>Money market participants are currently expecting a 25-basis point interest rate hike from the U.S. central bank on Feb. 1 and see rates peaking at 4.9% in June and then falling. The Fed projects rates will be more than 5% into next year.</p><p>U.S.-listed shares of Chinese companies declined, with JD.Com Inc down 5.72% and Baidu Inc off 6.02% after China&#39;seconomic growth in 2022 slumped to one of its worst levels in nearly half a century.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.17-to-1 ratio; on Nasdaq, a 1.07-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 14 new 52-week highs and one new low; the Nasdaq Composite recorded 118 new highs and 11 new lows.</p><p><img src=\"https://static.tigerbbs.com/76d57ec7cf9253d4d215fa72687f7668\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Goldman, Travelers Drag Dow Lower; Tesla Keeps Nasdaq Afloat</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-Goldman, Travelers Drag Dow Lower; Tesla Keeps Nasdaq Afloat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-18 07:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Dow fell more than 1% on Tuesday as weak earnings from Goldman Sachs dragged the index lower, but a jump in Tesla shares helped the Nasdaq stay postive as the corporate earnings season took center stage.</p><p>The rise in Tesla Inc after the electric-vehicle maker&#39;s January retail sales surged in China helped growth-oriented shares eke out gains, but small caps and value stocks fell as fears of a recession unsettled investors.</p><p>Earnings from Goldman Sachs and Morgan Stanley closed out what was a mixed bag for big banks, many of which have stashed rainy-day funds to gird against a potential downturn.</p><p>Analysts are anxious to hear from corporate America about the demand environment amid signs of an upward trend in the economy, said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.</p><p>&#34;Earnings estimates have declined so much at the start of earnings season that there&#39;s potential for companies to hurdle past a really low bar,&#34; Saglimbene said.</p><p>&#34;If the demand environment is still relatively healthy, that would exceed expectations because I think analysts took down earnings so much.&#34;</p><p>Goldman Sachs Group Inc slumped 6.44% after the bank reported a bigger-than-expected drop in quarterly profit and was the biggest drag on the price-weighted index. A stock&#39;s share value is proportional to its contribution to the index, in contrast to the market capitalization-weighted S&amp;P 500.</p><p>Goldman Sachs posted its biggest one-day percentage drop since a year ago in January.</p><p>Also weighing on the blue-chip Dow index was insurer Travelers Cos Inc, which fell 4.60% after forecasting fourth-quarter earnings below estimates.</p><p>But a 7.43% jump in Tesla helped keep the Nasdaq afloat after recent price cuts the company made on its top-selling models, data from China Merchants Bank International showed.</p><p>Tesla was the largest percentage gainer on both the S&amp;P 500 and the Nasdaq 100.</p><p>The Dow Jones Industrial Average fell 391.76 points, or 1.14%, to 33,910.85 and the S&amp;P 500 lost 8.12 points, or 0.20%, to 3,990.97. The Nasdaq Composite added 15.96 points, or 0.14%, to 11,095.11.</p><p>The Dow snapped a four-session win streak, while the Nasdaq notched its seventh straight gain, its longest streak since November 2021.</p><p>Volume on U.S. exchanges was 11.11 billion shares.</p><p>Morgan Stanley(MS.N)rose 5.91% after it beat analysts&#39; estimates for fourth-quarter profit as its trading business got a boost from market volatility.</p><p>Analysts expect year-over-year earnings from S&amp;P 500 companies to decline 2.4% for the quarter, according to Refinitiv data, compared with a 1.6% decline at the start of the year.</p><p>Data showed New York state manufacturing contracted sharply in January as orders collapsed and employment growth stalled, pointing to continued weakness in national factory activity, fueling recession concerns.</p><p>Equity markets have posted a strong start to the year after a dismal 2022, on hopes easing inflation and a slowdown most notably in the labor market would allow the Federal Reserve to pare the size of interest rate hikes it is using to combat high prices.</p><p>Money market participants are currently expecting a 25-basis point interest rate hike from the U.S. central bank on Feb. 1 and see rates peaking at 4.9% in June and then falling. The Fed projects rates will be more than 5% into next year.</p><p>U.S.-listed shares of Chinese companies declined, with JD.Com Inc down 5.72% and Baidu Inc off 6.02% after China&#39;seconomic growth in 2022 slumped to one of its worst levels in nearly half a century.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.17-to-1 ratio; on Nasdaq, a 1.07-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 14 new 52-week highs and one new low; the Nasdaq Composite recorded 118 new highs and 11 new lows.</p><p><img src=\"https://static.tigerbbs.com/76d57ec7cf9253d4d215fa72687f7668\" tg-width=\"1080\" tg-height=\"1920\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","09618":"京东集团-SW",".DJI":"道琼斯","TRV":"旅行者财产险集团","09888":"百度集团-SW","GS":"高盛",".IXIC":"NASDAQ Composite","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2304252319","content_text":"The Dow fell more than 1% on Tuesday as weak earnings from Goldman Sachs dragged the index lower, but a jump in Tesla shares helped the Nasdaq stay postive as the corporate earnings season took center stage.The rise in Tesla Inc after the electric-vehicle maker's January retail sales surged in China helped growth-oriented shares eke out gains, but small caps and value stocks fell as fears of a recession unsettled investors.Earnings from Goldman Sachs and Morgan Stanley closed out what was a mixed bag for big banks, many of which have stashed rainy-day funds to gird against a potential downturn.Analysts are anxious to hear from corporate America about the demand environment amid signs of an upward trend in the economy, said Anthony Saglimbene, chief market strategist at Ameriprise Financial in Troy, Michigan.\"Earnings estimates have declined so much at the start of earnings season that there's potential for companies to hurdle past a really low bar,\" Saglimbene said.\"If the demand environment is still relatively healthy, that would exceed expectations because I think analysts took down earnings so much.\"Goldman Sachs Group Inc slumped 6.44% after the bank reported a bigger-than-expected drop in quarterly profit and was the biggest drag on the price-weighted index. A stock's share value is proportional to its contribution to the index, in contrast to the market capitalization-weighted S&P 500.Goldman Sachs posted its biggest one-day percentage drop since a year ago in January.Also weighing on the blue-chip Dow index was insurer Travelers Cos Inc, which fell 4.60% after forecasting fourth-quarter earnings below estimates.But a 7.43% jump in Tesla helped keep the Nasdaq afloat after recent price cuts the company made on its top-selling models, data from China Merchants Bank International showed.Tesla was the largest percentage gainer on both the S&P 500 and the Nasdaq 100.The Dow Jones Industrial Average fell 391.76 points, or 1.14%, to 33,910.85 and the S&P 500 lost 8.12 points, or 0.20%, to 3,990.97. The Nasdaq Composite added 15.96 points, or 0.14%, to 11,095.11.The Dow snapped a four-session win streak, while the Nasdaq notched its seventh straight gain, its longest streak since November 2021.Volume on U.S. exchanges was 11.11 billion shares.Morgan Stanley(MS.N)rose 5.91% after it beat analysts' estimates for fourth-quarter profit as its trading business got a boost from market volatility.Analysts expect year-over-year earnings from S&P 500 companies to decline 2.4% for the quarter, according to Refinitiv data, compared with a 1.6% decline at the start of the year.Data showed New York state manufacturing contracted sharply in January as orders collapsed and employment growth stalled, pointing to continued weakness in national factory activity, fueling recession concerns.Equity markets have posted a strong start to the year after a dismal 2022, on hopes easing inflation and a slowdown most notably in the labor market would allow the Federal Reserve to pare the size of interest rate hikes it is using to combat high prices.Money market participants are currently expecting a 25-basis point interest rate hike from the U.S. central bank on Feb. 1 and see rates peaking at 4.9% in June and then falling. The Fed projects rates will be more than 5% into next year.U.S.-listed shares of Chinese companies declined, with JD.Com Inc down 5.72% and Baidu Inc off 6.02% after China'seconomic growth in 2022 slumped to one of its worst levels in nearly half a century.Advancing issues outnumbered declining ones on the NYSE by a 1.17-to-1 ratio; on Nasdaq, a 1.07-to-1 ratio favored advancers.The S&P 500 posted 14 new 52-week highs and one new low; the Nasdaq Composite recorded 118 new highs and 11 new lows.","news_type":1,"symbols_score_info":{"09618":0.9,".DJI":0.9,".SPX":0.9,"TRV":0.9,".IXIC":0.9,"09888":0.9,"GS":0.9,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":1131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812723887,"gmtCreate":1630626276449,"gmtModify":1676530357880,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"This will sooner or later pull up others stocks to higher level…","listText":"This will sooner or later pull up others stocks to higher level…","text":"This will sooner or later pull up others stocks to higher level…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/812723887","repostId":"2164829818","repostType":4,"isVote":1,"tweetType":1,"viewCount":925,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9981588612,"gmtCreate":1666568520336,"gmtModify":1676537768068,"author":{"id":"4087716708608470","authorId":"4087716708608470","name":"Richard0208","avatar":"https://static.tigerbbs.com/480220c46834a37392a97ee3b9004ea1","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4087716708608470","idStr":"4087716708608470"},"themes":[],"htmlText":"Good sharing&nbsp;","listText":"Good sharing&nbsp;","text":"Good sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9981588612","repostId":"1191487461","repostType":4,"isVote":1,"tweetType":1,"viewCount":462,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}