RoAd personal page - To The Moon

RoAdLV1 萌萌虎

No personal profile

107Follow

39Followers

0Topic

0Badge

03-22

Like

Tesla Shares Expanded Gains to 6.2%, Its Biggest Intraday Gain in Nearly Three Weeks

03-22

Like

Nvidia Announces Tech for Speeding up Chip Design at AI Conference

03-22

Like

Nvidia CEO Calls Deal With Google a Very Big Event and Contends ChatGPT and Its Ilk Will Accelerate Demand

03-18

Ok

Apple, Microsoft Dominance on Tech-Stock indexes Grows in Benchmark Overhaul

03-18

ok

Are Banks on the Edge of Another 2008-Style Precipice?

03-18

Great ariticle, would you like to share it?

iShares Global Energy ETF: I Love Buying Corrections

03-17

Like

XPeng Earnings Preview: Q4 To Be Soft With Promotions Hitting Margins

03-17

Ok

Tesla: Attractively Valued

03-17

Like

Semiconductor Stocks Jumped in Morning Trading, with AMD and Intel Rising over 4%

03-17

Ok

After-Hours Movers: First Republic Resumes Free-Fall; Fedex Surges On Raised Guidance

03-17

Like

Microsoft Unveils AI Office Copilot In Fast-Moving Race With Google

03-16

Ok

US Stocks-Wall Street Down As Credit Suisse Sparks Fresh Bank Selloff

03-16

Oh

Credit Suisse Is In Crisis. What Went Wrong?

03-16

Oh

U.S. Oil Closes Below $70 A Barrel For First Time Since 2021

03-16

Ok

These Stocks Are Moving the Most Today: Credit Suisse, First Republic, Citigroup, Goldman, and More

03-15

Ok

Singapore Shares May Stop The Bleeding On Wednesday

03-15

Like

Microsoft Unveils New Virtual Machines Using Nvidia H100 GPUs

03-15

Ok

Mega-Cap Growth Stocks Jumped in Morning Trading, with Meta Jumping Over 6%

03-14

Oh

How Does a Bank Collapse Quickly? a Timeline of the SVB Fall

03-13

Ok

Elon Musk Exercises Options to Acquire 10,500 Tesla Shares - Filing

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":4090479553934560,"uuid":"4090479553934560","gmtCreate":1627376490530,"gmtModify":1627376490530,"name":"RoAd","pinyin":"road","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":39,"headSize":107,"tweetSize":85,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 days","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":-1,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.12.09","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":-1,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0}],"userBadgeCount":2,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null},"baikeInfo":{},"tab":"post","tweets":[{"id":9943647734,"gmtCreate":1679444348228,"gmtModify":1679444351574,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943647734","repostId":"1164984334","repostType":4,"repost":{"id":"1164984334","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":1679412901,"share":"https://www.laohu8.com/m/news/1164984334?lang=&edition=full","pubTime":"2023-03-21 23:35","market":"us","language":"en","title":"Tesla Shares Expanded Gains to 6.2%, Its Biggest Intraday Gain in Nearly Three Weeks","url":"https://stock-news.laohu8.com/highlight/detail?id=1164984334","media":"Tiger Newspress","summary":"Tesla shares expanded gains to 6.2%, its biggest intraday gain in nearly three weeks.Tesla insurance","content":"<html><head></head><body><p>Tesla shares expanded gains to 6.2%, its biggest intraday gain in nearly three weeks.</p><p><img src=\"https://static.tigerbbs.com/78cfb82bf4f7b8911aa5812ca98043ad\" tg-width=\"829\" tg-height=\"628\" referrerpolicy=\"no-referrer\"/></p><p>Tesla insurance registrations in China grew for the fourth straight week, as Tesla stock has managed to gain ground since the SVB Financial crash began to weigh on institutions and the broader market. Meanwhile, Moody&#39;s lifted Tesla&#39;s credit rating out of junk.</p><p>Tesla had 18,712 insurance registrations for the week of March 13 to 19, up 10% from the 17,032 in the prior week. The global EV giant had 12,478 Model Y registrations last week and 6,623 Model 3 registrations. Tesla saw its Model 3 numbers increase nearly 10% last week after shooting up 83% two weeks ago. Registrations provide a de facto measure of new car sales in China.</p><h2>Moody&#39;s Upgrades Tesla To Investment Grade</h2><p>Moody&#39;s Investors Service upgraded Tesla&#39;s credit rating by one notch to Baa3, giving it investment-grade status from a prior junk rating. S&amp;P Global did the same in October. An investment grade from at least two major credit ratings agencies is considered important.</p><p>Moody&#39;s wrote that the EV giant&#39;s outlook is stable and that it expects free cash flow of more than $7 billion and limited debt through 2025.</p><p>&#34;Tesla will remain one of the foremost manufacturers of battery electric vehicles with an expanding global presence and very high profitability,&#34; Moody&#39;s wrote Monday.</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>Tesla Shares Expanded Gains to 6.2%, Its Biggest Intraday Gain in Nearly Three Weeks</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 Shares Expanded Gains to 6.2%, Its Biggest Intraday Gain in Nearly Three Weeks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-21 23:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla shares expanded gains to 6.2%, its biggest intraday gain in nearly three weeks.</p><p><img src=\"https://static.tigerbbs.com/78cfb82bf4f7b8911aa5812ca98043ad\" tg-width=\"829\" tg-height=\"628\" referrerpolicy=\"no-referrer\"/></p><p>Tesla insurance registrations in China grew for the fourth straight week, as Tesla stock has managed to gain ground since the SVB Financial crash began to weigh on institutions and the broader market. Meanwhile, Moody&#39;s lifted Tesla&#39;s credit rating out of junk.</p><p>Tesla had 18,712 insurance registrations for the week of March 13 to 19, up 10% from the 17,032 in the prior week. The global EV giant had 12,478 Model Y registrations last week and 6,623 Model 3 registrations. Tesla saw its Model 3 numbers increase nearly 10% last week after shooting up 83% two weeks ago. Registrations provide a de facto measure of new car sales in China.</p><h2>Moody&#39;s Upgrades Tesla To Investment Grade</h2><p>Moody&#39;s Investors Service upgraded Tesla&#39;s credit rating by one notch to Baa3, giving it investment-grade status from a prior junk rating. S&amp;P Global did the same in October. An investment grade from at least two major credit ratings agencies is considered important.</p><p>Moody&#39;s wrote that the EV giant&#39;s outlook is stable and that it expects free cash flow of more than $7 billion and limited debt through 2025.</p><p>&#34;Tesla will remain one of the foremost manufacturers of battery electric vehicles with an expanding global presence and very high profitability,&#34; Moody&#39;s wrote Monday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164984334","content_text":"Tesla shares expanded gains to 6.2%, its biggest intraday gain in nearly three weeks.Tesla insurance registrations in China grew for the fourth straight week, as Tesla stock has managed to gain ground since the SVB Financial crash began to weigh on institutions and the broader market. Meanwhile, Moody's lifted Tesla's credit rating out of junk.Tesla had 18,712 insurance registrations for the week of March 13 to 19, up 10% from the 17,032 in the prior week. The global EV giant had 12,478 Model Y registrations last week and 6,623 Model 3 registrations. Tesla saw its Model 3 numbers increase nearly 10% last week after shooting up 83% two weeks ago. Registrations provide a de facto measure of new car sales in China.Moody's Upgrades Tesla To Investment GradeMoody's Investors Service upgraded Tesla's credit rating by one notch to Baa3, giving it investment-grade status from a prior junk rating. S&P Global did the same in October. An investment grade from at least two major credit ratings agencies is considered important.Moody's wrote that the EV giant's outlook is stable and that it expects free cash flow of more than $7 billion and limited debt through 2025.\"Tesla will remain one of the foremost manufacturers of battery electric vehicles with an expanding global presence and very high profitability,\" Moody's wrote Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943647409,"gmtCreate":1679444322302,"gmtModify":1679444325960,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943647409","repostId":"1124810976","repostType":4,"repost":{"id":"1124810976","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":1679413514,"share":"https://www.laohu8.com/m/news/1124810976?lang=&edition=full","pubTime":"2023-03-21 23:45","market":"us","language":"en","title":"Nvidia Announces Tech for Speeding up Chip Design at AI Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=1124810976","media":"Reuters","summary":"March 21 (Reuters) - Nvidia Corp Chief Executive Jensen Huang on Tuesday unveiled a new product for ","content":"<html><head></head><body><p>March 21 (Reuters) - Nvidia Corp Chief Executive Jensen Huang on Tuesday unveiled a new product for speeding up the design of semiconductors as it rolled out an array of new artificial intelligence technologies based around its chips and software.</p><p>Huang made the remarks at GTC, the company&#39;s annual conference for software developers. Analysts are watching for the Santa Clara, California-based company to give more details about how it plans to widen accessibility to processing power like that used to develop fast-rising technologies such as the chatbot ChatGPT.</p><p>Last month, Huang told investors it would launch its own cloud computing service to offer more readily available access to large systems built with its chips.</p><p>Nvidia has come to dominate the field for selling chips used to developing generative AI technologies, which can answer questions with human-like text or generate fresh images based on a text prompt.</p><p>Those new technologies rely on the use of thousands of Nvidia chips at once to train the AI systems on huge troves of data. Microsoft Corp, for example, built a system with more than 10,000 Nvidia chips for startup company OpenAI to use in developing the technologies that underpin its wildly popular ChatGPT.</p><p>Huang on Tuesday announced a new technology called CuLitho to speed up the design and manufacturing of semiconductors. The software uses Nvidia&#39;s chips to speed up the step that sits between the software-based design of a chip and the physical fabrication of the lithography masks used to print that design on a piece of silicon.</p><p>The design of the masks has to be modified to account for the fact that many of the features on a chip will be smaller than the wavelength of the light used in the printing process, a step called optical proximity correction. Those calculations could take a traditional computing chip two weeks to complete, but Nvidia said Tuesday that its chips and software can handle the task overnight and reduce the electricy used from 35 megawatts to 5 megawatts.</p><p>Nvidia said it is working with ASML Holding, Synopsys Inc and Taiwan Semiconductor Manufacturing Co to bring the technology to market. Huang said TSMC will start readying the technology for production in June.</p><p>Huang also said that Nvidia is working with AT&amp;T Inc to make dispatching trucks more efficient and with quantum computing researchers to speed software development.</p><p>While Nvidia faces competition in the AI chip marketfrom Advanced Micro Devices (AMD) and several startup companies, the company has more than 80% of the market for chips used in training AI systems.</p><p>The boom in AI has helped drive Nvidia shares up 77% this year, compared with a rise of 11.5% in the Nasdaq Composite Index. With a market capitalization of $640 billion, Nvidia has grown to become about five times more valuable than longtime rival Intel Corp.</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>Nvidia Announces Tech for Speeding up Chip Design at AI Conference</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\">\nNvidia Announces Tech for Speeding up Chip Design at AI Conference\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\">2023-03-21 23:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>March 21 (Reuters) - Nvidia Corp Chief Executive Jensen Huang on Tuesday unveiled a new product for speeding up the design of semiconductors as it rolled out an array of new artificial intelligence technologies based around its chips and software.</p><p>Huang made the remarks at GTC, the company&#39;s annual conference for software developers. Analysts are watching for the Santa Clara, California-based company to give more details about how it plans to widen accessibility to processing power like that used to develop fast-rising technologies such as the chatbot ChatGPT.</p><p>Last month, Huang told investors it would launch its own cloud computing service to offer more readily available access to large systems built with its chips.</p><p>Nvidia has come to dominate the field for selling chips used to developing generative AI technologies, which can answer questions with human-like text or generate fresh images based on a text prompt.</p><p>Those new technologies rely on the use of thousands of Nvidia chips at once to train the AI systems on huge troves of data. Microsoft Corp, for example, built a system with more than 10,000 Nvidia chips for startup company OpenAI to use in developing the technologies that underpin its wildly popular ChatGPT.</p><p>Huang on Tuesday announced a new technology called CuLitho to speed up the design and manufacturing of semiconductors. The software uses Nvidia&#39;s chips to speed up the step that sits between the software-based design of a chip and the physical fabrication of the lithography masks used to print that design on a piece of silicon.</p><p>The design of the masks has to be modified to account for the fact that many of the features on a chip will be smaller than the wavelength of the light used in the printing process, a step called optical proximity correction. Those calculations could take a traditional computing chip two weeks to complete, but Nvidia said Tuesday that its chips and software can handle the task overnight and reduce the electricy used from 35 megawatts to 5 megawatts.</p><p>Nvidia said it is working with ASML Holding, Synopsys Inc and Taiwan Semiconductor Manufacturing Co to bring the technology to market. Huang said TSMC will start readying the technology for production in June.</p><p>Huang also said that Nvidia is working with AT&amp;T Inc to make dispatching trucks more efficient and with quantum computing researchers to speed software development.</p><p>While Nvidia faces competition in the AI chip marketfrom Advanced Micro Devices (AMD) and several startup companies, the company has more than 80% of the market for chips used in training AI systems.</p><p>The boom in AI has helped drive Nvidia shares up 77% this year, compared with a rise of 11.5% in the Nasdaq Composite Index. With a market capitalization of $640 billion, Nvidia has grown to become about five times more valuable than longtime rival Intel Corp.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124810976","content_text":"March 21 (Reuters) - Nvidia Corp Chief Executive Jensen Huang on Tuesday unveiled a new product for speeding up the design of semiconductors as it rolled out an array of new artificial intelligence technologies based around its chips and software.Huang made the remarks at GTC, the company's annual conference for software developers. Analysts are watching for the Santa Clara, California-based company to give more details about how it plans to widen accessibility to processing power like that used to develop fast-rising technologies such as the chatbot ChatGPT.Last month, Huang told investors it would launch its own cloud computing service to offer more readily available access to large systems built with its chips.Nvidia has come to dominate the field for selling chips used to developing generative AI technologies, which can answer questions with human-like text or generate fresh images based on a text prompt.Those new technologies rely on the use of thousands of Nvidia chips at once to train the AI systems on huge troves of data. Microsoft Corp, for example, built a system with more than 10,000 Nvidia chips for startup company OpenAI to use in developing the technologies that underpin its wildly popular ChatGPT.Huang on Tuesday announced a new technology called CuLitho to speed up the design and manufacturing of semiconductors. The software uses Nvidia's chips to speed up the step that sits between the software-based design of a chip and the physical fabrication of the lithography masks used to print that design on a piece of silicon.The design of the masks has to be modified to account for the fact that many of the features on a chip will be smaller than the wavelength of the light used in the printing process, a step called optical proximity correction. Those calculations could take a traditional computing chip two weeks to complete, but Nvidia said Tuesday that its chips and software can handle the task overnight and reduce the electricy used from 35 megawatts to 5 megawatts.Nvidia said it is working with ASML Holding, Synopsys Inc and Taiwan Semiconductor Manufacturing Co to bring the technology to market. Huang said TSMC will start readying the technology for production in June.Huang also said that Nvidia is working with AT&T Inc to make dispatching trucks more efficient and with quantum computing researchers to speed software development.While Nvidia faces competition in the AI chip marketfrom Advanced Micro Devices (AMD) and several startup companies, the company has more than 80% of the market for chips used in training AI systems.The boom in AI has helped drive Nvidia shares up 77% this year, compared with a rise of 11.5% in the Nasdaq Composite Index. With a market capitalization of $640 billion, Nvidia has grown to become about five times more valuable than longtime rival Intel Corp.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943647824,"gmtCreate":1679444265469,"gmtModify":1679444269512,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943647824","repostId":"2321605548","repostType":2,"repost":{"id":"2321605548","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":1679442929,"share":"https://www.laohu8.com/m/news/2321605548?lang=&edition=full","pubTime":"2023-03-22 07:55","market":"us","language":"en","title":"Nvidia CEO Calls Deal With Google a Very Big Event and Contends ChatGPT and Its Ilk Will Accelerate Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2321605548","media":"Dow Jones","summary":"In meeting with Wall Street analysts, Nvidia execs detail how they see their relationships with clou","content":"<html><head></head><body><p>In meeting with Wall Street analysts, Nvidia execs detail how they see their relationships with cloud providers and companies developing AI applications after unleashing a slew of new products aimed at the technology</p><p>Nvidia Corp. founder and Chief Executive Jensen Huang said his company&#39;s deal with Alphabet Inc.&#39;s Google is a &#34;very big event&#34; that will serve to launch its own AI hardware and software products, helping others build out the technology.</p><p>In a meeting with investment analysts during Nvidia&#39;s <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> annual GTC developer conference, Huang said that generative AIs like OpenAI&#39;s ChatGPT -- backed by a multibillion-dollar investment from Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> -- accelerates the demand for its platforms. Google <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) launched its own version of the technology, Bard, on Tuesday, as Huang was detailing Nvidia&#39;s push to provide the picks and shovels for the AI movement.</p><p>Huang announced a slew of products and services during the conference&#39;s keynote presentation earlier Tuesday, targeted at expanding AI development, including new chips and platforms specifically targeted at generative AI applications as well as AI video and image creation.</p><p>In the meeting with analysts, Huang explained to analysts how it will use those products and partner with cloud-service providers, also referred to as hyperscalers, to accelerate access and demand for its AI services. The CEO said its &#34;biggest collaboration&#34; is its partnership with Google Cloud Platform.</p><p>&#34;Our partnership with GCP is a very big event,&#34; Huang told analysts, explaining that cloud-service providers are becoming AI factories, and that &#34;every company is going to be an intelligence manufacturer,&#34; much like practically every manufactured consumer product carries a microchip. That way, AI and Nvidia&#39;s infrastructure-as-a-service is &#34;going to expand our business model,&#34; Huang said.</p><p>Huang said partnerships involve a cloud provider buying all the necessary hardware from Nvidia and others to support DGX Cloud, and then Nvidia &#34;rents&#34; the infrastructure from the provider, which hosts and maintains the system.</p><p>&#34;We take the DGX Cloud services to market, and in combination of all the value we deliver, we would set the price, and engage the customers directly,&#34; Huang said, adding that if the partner wants to deal with customers directly &#34;we&#39;re delighted by that&#34; because the hardware and software still get sold.</p><p>Huang said such customers include those from the auto and healthcare industries, where there is a &#34;great deal of urgency to take advantage of the latest generation of generative AI.&#34;</p><p>Software companies will also be leveraging the technology. Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, at its own event Tuesday, announced an AI product named Firefly, a &#34;co-pilot&#34; tech aimed at helping create content within its own products that was also highlighted by Nvidia.</p><p>Earlier in the month, Nvidia Chief Financial Officer Colette Kress told an investors conference that AI was at &#34;an inflection point,&#34; not only with the growing popularity of models such as ChatGPT, but also as more businesses face cost pressures, the apps are being looked upon -- and marketed -- as efficiency tools.</p><p>Kress said Tuesday the company is &#34;seeing stronger demand on hyperscale, and in the last month, more demand,&#34; adding that she was &#34;confident we will be able to service&#34; the AI market.</p><p>Nvidia shares gradually recovered from an initial loss over the session and finished the session up 1.2%, compared with a 1.3% gain on the S&amp;P 500 index and a 1.6% advance on the tech-heavy Nasdaq Composite Index.</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>Nvidia CEO Calls Deal With Google a Very Big Event and Contends ChatGPT and Its Ilk Will Accelerate Demand</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\">\nNvidia CEO Calls Deal With Google a Very Big Event and Contends ChatGPT and Its Ilk Will Accelerate Demand\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\">2023-03-22 07:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>In meeting with Wall Street analysts, Nvidia execs detail how they see their relationships with cloud providers and companies developing AI applications after unleashing a slew of new products aimed at the technology</p><p>Nvidia Corp. founder and Chief Executive Jensen Huang said his company&#39;s deal with Alphabet Inc.&#39;s Google is a &#34;very big event&#34; that will serve to launch its own AI hardware and software products, helping others build out the technology.</p><p>In a meeting with investment analysts during Nvidia&#39;s <a href=\"https://laohu8.com/S/NVDA\">$(NVDA)$</a> annual GTC developer conference, Huang said that generative AIs like OpenAI&#39;s ChatGPT -- backed by a multibillion-dollar investment from Microsoft Corp. <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> -- accelerates the demand for its platforms. Google <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a>(GOOGL) launched its own version of the technology, Bard, on Tuesday, as Huang was detailing Nvidia&#39;s push to provide the picks and shovels for the AI movement.</p><p>Huang announced a slew of products and services during the conference&#39;s keynote presentation earlier Tuesday, targeted at expanding AI development, including new chips and platforms specifically targeted at generative AI applications as well as AI video and image creation.</p><p>In the meeting with analysts, Huang explained to analysts how it will use those products and partner with cloud-service providers, also referred to as hyperscalers, to accelerate access and demand for its AI services. The CEO said its &#34;biggest collaboration&#34; is its partnership with Google Cloud Platform.</p><p>&#34;Our partnership with GCP is a very big event,&#34; Huang told analysts, explaining that cloud-service providers are becoming AI factories, and that &#34;every company is going to be an intelligence manufacturer,&#34; much like practically every manufactured consumer product carries a microchip. That way, AI and Nvidia&#39;s infrastructure-as-a-service is &#34;going to expand our business model,&#34; Huang said.</p><p>Huang said partnerships involve a cloud provider buying all the necessary hardware from Nvidia and others to support DGX Cloud, and then Nvidia &#34;rents&#34; the infrastructure from the provider, which hosts and maintains the system.</p><p>&#34;We take the DGX Cloud services to market, and in combination of all the value we deliver, we would set the price, and engage the customers directly,&#34; Huang said, adding that if the partner wants to deal with customers directly &#34;we&#39;re delighted by that&#34; because the hardware and software still get sold.</p><p>Huang said such customers include those from the auto and healthcare industries, where there is a &#34;great deal of urgency to take advantage of the latest generation of generative AI.&#34;</p><p>Software companies will also be leveraging the technology. Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, at its own event Tuesday, announced an AI product named Firefly, a &#34;co-pilot&#34; tech aimed at helping create content within its own products that was also highlighted by Nvidia.</p><p>Earlier in the month, Nvidia Chief Financial Officer Colette Kress told an investors conference that AI was at &#34;an inflection point,&#34; not only with the growing popularity of models such as ChatGPT, but also as more businesses face cost pressures, the apps are being looked upon -- and marketed -- as efficiency tools.</p><p>Kress said Tuesday the company is &#34;seeing stronger demand on hyperscale, and in the last month, more demand,&#34; adding that she was &#34;confident we will be able to service&#34; the AI market.</p><p>Nvidia shares gradually recovered from an initial loss over the session and finished the session up 1.2%, compared with a 1.3% gain on the S&amp;P 500 index and a 1.6% advance on the tech-heavy Nasdaq Composite Index.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2321605548","content_text":"In meeting with Wall Street analysts, Nvidia execs detail how they see their relationships with cloud providers and companies developing AI applications after unleashing a slew of new products aimed at the technologyNvidia Corp. founder and Chief Executive Jensen Huang said his company's deal with Alphabet Inc.'s Google is a \"very big event\" that will serve to launch its own AI hardware and software products, helping others build out the technology.In a meeting with investment analysts during Nvidia's $(NVDA)$ annual GTC developer conference, Huang said that generative AIs like OpenAI's ChatGPT -- backed by a multibillion-dollar investment from Microsoft Corp. $(MSFT)$ -- accelerates the demand for its platforms. Google $(GOOGL)$(GOOGL) launched its own version of the technology, Bard, on Tuesday, as Huang was detailing Nvidia's push to provide the picks and shovels for the AI movement.Huang announced a slew of products and services during the conference's keynote presentation earlier Tuesday, targeted at expanding AI development, including new chips and platforms specifically targeted at generative AI applications as well as AI video and image creation.In the meeting with analysts, Huang explained to analysts how it will use those products and partner with cloud-service providers, also referred to as hyperscalers, to accelerate access and demand for its AI services. The CEO said its \"biggest collaboration\" is its partnership with Google Cloud Platform.\"Our partnership with GCP is a very big event,\" Huang told analysts, explaining that cloud-service providers are becoming AI factories, and that \"every company is going to be an intelligence manufacturer,\" much like practically every manufactured consumer product carries a microchip. That way, AI and Nvidia's infrastructure-as-a-service is \"going to expand our business model,\" Huang said.Huang said partnerships involve a cloud provider buying all the necessary hardware from Nvidia and others to support DGX Cloud, and then Nvidia \"rents\" the infrastructure from the provider, which hosts and maintains the system.\"We take the DGX Cloud services to market, and in combination of all the value we deliver, we would set the price, and engage the customers directly,\" Huang said, adding that if the partner wants to deal with customers directly \"we're delighted by that\" because the hardware and software still get sold.Huang said such customers include those from the auto and healthcare industries, where there is a \"great deal of urgency to take advantage of the latest generation of generative AI.\"Software companies will also be leveraging the technology. Adobe Inc. $(ADBE)$, at its own event Tuesday, announced an AI product named Firefly, a \"co-pilot\" tech aimed at helping create content within its own products that was also highlighted by Nvidia.Earlier in the month, Nvidia Chief Financial Officer Colette Kress told an investors conference that AI was at \"an inflection point,\" not only with the growing popularity of models such as ChatGPT, but also as more businesses face cost pressures, the apps are being looked upon -- and marketed -- as efficiency tools.Kress said Tuesday the company is \"seeing stronger demand on hyperscale, and in the last month, more demand,\" adding that she was \"confident we will be able to service\" the AI market.Nvidia shares gradually recovered from an initial loss over the session and finished the session up 1.2%, compared with a 1.3% gain on the S&P 500 index and a 1.6% advance on the tech-heavy Nasdaq Composite Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943314863,"gmtCreate":1679123174253,"gmtModify":1679123178562,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943314863","repostId":"2320073263","repostType":4,"repost":{"id":"2320073263","pubTimestamp":1679098200,"share":"https://www.laohu8.com/m/news/2320073263?lang=&edition=full","pubTime":"2023-03-18 08:10","market":"us","language":"en","title":"Apple, Microsoft Dominance on Tech-Stock indexes Grows in Benchmark Overhaul","url":"https://stock-news.laohu8.com/highlight/detail?id=2320073263","media":"Bloomberg","summary":"The pair’s combined weight dwarfs the rest of tech’s influenceVisa, Mastercard joining financials in","content":"<html><head></head><body><ul><li>The pair’s combined weight dwarfs the rest of tech’s influence</li><li>Visa, Mastercard joining financials index in sector revamp</li></ul><p>Apple Inc. and Microsoft Corp., already dominant in technology-stock indexes, are about to become even more so.</p><p>An overhaul of sector benchmarks compiled by S&amp;P Global Inc. and <a href=\"https://laohu8.com/S/MSCI\">MSCI Inc</a>., which takes effect after the market closes Friday, will remove 11 big US stocks from technology-focused indexes. Payment companies — including <a href=\"https://laohu8.com/S/V\">Visa</a> Inc., Mastercard Inc., and <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc. — will be moved into indexes tracking financial companies, while payroll processors like Paychex Inc. and Automatic Data Processing Inc. will be classified as industrials.</p><p><img src=\"https://static.tigerbbs.com/99e6fb3d62ab12714db98c907c60e0c2\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>The departures will shrink tech’s weight in the S&amp;P 500, while also making the remaining companies in the industry index more influential. Apple and Microsoft together already account for 46% of the S&amp;P 500 Information Technology Index, and that share will go up when Visa and Mastercard are removed: The credit-card companies are the fourth- and fifth-biggest components, respectively, of the tech benchmark, accounting for 6.8%.</p><p>The increased weighting of Apple and Microsoft means investors who are benchmarked against the tech index will have an incentive to own even more of those two stocks to keep up with the index, but that also would heighten the effect if the shares start underperforming the market.</p><p>“You have to think about how you manage risk given the concentration, since it is very challenging for tech to outperform if Apple and Microsoft aren’t holding in,” said Leigh Todd, lead portfolio manager of growth equities at Voya Investment Management. “You want to ensure every company you own can contribute to your returns, and you don’t want to take outsize risk by having extreme concentrations in a small number of names.”</p><p>The changes could have a meaningful impact on sector-focused funds. According to data from Morningstar Direct, there was about $163 billion in passively managed technology fund assets as of the end of February, along with another $81.9 billion in actively managed tech fund assets.</p><p>The shift in index makeup will have a bigger impact on the stocks that are leaving the tech benchmark, Bank of America Corp. said. As passive investors rebalance their holdings to mirror the new weightings, tech funds will need to sell 1.4 times the amount of the payment stocks than what financials funds can absorb, acting as a headwind, the firm said. Tech stocks migrating to the industrials index also will see selling pressure, the firm said.</p><p>Even with the rebalance, tech will remain by far the largest of the 11 industries in the S&amp;P 500. It accounts for 29% of the S&amp;P 500, its highest in more than a year, and up from a January low of 25.3%. It is twice as influential as health care, the second-largest, which is 14% of the benchmark.</p><p>This influence can be a double-edged sword. Apple and Microsoft massively outperformed over the past five years, helping to pull up the overall market. Both are seen as safe havens, with strong balance sheets and the kind of durable revenue streams that can withstand slower economic growth or a recession; the pair outperformed amid the recent fallout from the collapse of Silicon Valley Bank.</p><p>Apple is up 20% this year, while Microsoft is up 17%, compared with gains of 2.9% for the S&amp;P 500 and 15% for the Nasdaq 100 Index. On Friday, Apple dipped 0.2% while Microsoft rose 1%. The Nasdaq 100 was up 0.3%.</p><p>The removal of Visa and Mastercard — not typically thought of as tech companies — from the sector index highlights some of the quirks of the S&amp;P 500’s construction. While a number of notable companies are frequently grouped under the banner of “big tech,” they aren’t classified in the sector. S&amp;P regards Amazon.com Inc. as a consumer discretionary stock, while Alphabet Inc. and <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. are both in the communication services Index, following a 2018 reclassification that removed them from tech.</p><p>Still, Apple and Microsoft stand alone in their influence. The two are the largest stocks in the overall market, representing 13.1% of the S&amp;P 500. Over the past 10 years, the pair’s average combined weight was 8%. This means the rest of tech, regardless of individual corporate fundamentals, are likely to suffer if this strength reverses.</p><p>“If you have an environment where two companies that are a huge part of an index are performing differently than the rest, that’s a terribly difficult environment to operate in,” said Denny Fish, who manages tech sector funds at Janus Henderson. However, he stressed that the growing influence of tech wasn’t inherently a risk.</p><p>“The reason tech’s weight has grown is that all else being equal, it continues to drive a higher percentage of profits in the economy,” he said. “Given how tech has taken up bigger and bigger parts of the market for 30 years, it seems riskier to not be in it.”</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>Apple, Microsoft Dominance on Tech-Stock indexes Grows in Benchmark Overhaul</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\">\nApple, Microsoft Dominance on Tech-Stock indexes Grows in Benchmark Overhaul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-18 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-17/apple-and-microsoft-power-grows-as-sector-loses-visa-tech-watch?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The pair’s combined weight dwarfs the rest of tech’s influenceVisa, Mastercard joining financials index in sector revampApple Inc. and Microsoft Corp., already dominant in technology-stock indexes, ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-17/apple-and-microsoft-power-grows-as-sector-loses-visa-tech-watch?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4576":"AR","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4007":"制药","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4575":"芯片概念","BK4550":"红杉资本持仓","BK4501":"段永平概念","MA":"万事达","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","BK4577":"网络游戏","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","MSFT":"微软","INTC":"英特尔","LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","SPXU":"三倍做空标普500ETF","BK4512":"苹果概念","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","BK4573":"虚拟现实","CRCT":"Cricut, Inc.","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4581":"高盛持仓","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","AAPL":"苹果","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","IVV":"标普500指数ETF","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU1261432733.SGD":"Fidelity World A-ACC-SGD","BK4539":"次新股","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","BK4516":"特朗普概念","BK4554":"元宇宙及AR概念","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4515":"5G概念","BK4553":"喜马拉雅资本持仓","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4507":"流媒体概念","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BOLT":"Bolt Biotherapeutics, Inc.","BK4534":"瑞士信贷持仓","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","SPGI":"标普全球"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-17/apple-and-microsoft-power-grows-as-sector-loses-visa-tech-watch?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320073263","content_text":"The pair’s combined weight dwarfs the rest of tech’s influenceVisa, Mastercard joining financials index in sector revampApple Inc. and Microsoft Corp., already dominant in technology-stock indexes, are about to become even more so.An overhaul of sector benchmarks compiled by S&P Global Inc. and MSCI Inc., which takes effect after the market closes Friday, will remove 11 big US stocks from technology-focused indexes. Payment companies — including Visa Inc., Mastercard Inc., and PayPal Holdings Inc. — will be moved into indexes tracking financial companies, while payroll processors like Paychex Inc. and Automatic Data Processing Inc. will be classified as industrials.The departures will shrink tech’s weight in the S&P 500, while also making the remaining companies in the industry index more influential. Apple and Microsoft together already account for 46% of the S&P 500 Information Technology Index, and that share will go up when Visa and Mastercard are removed: The credit-card companies are the fourth- and fifth-biggest components, respectively, of the tech benchmark, accounting for 6.8%.The increased weighting of Apple and Microsoft means investors who are benchmarked against the tech index will have an incentive to own even more of those two stocks to keep up with the index, but that also would heighten the effect if the shares start underperforming the market.“You have to think about how you manage risk given the concentration, since it is very challenging for tech to outperform if Apple and Microsoft aren’t holding in,” said Leigh Todd, lead portfolio manager of growth equities at Voya Investment Management. “You want to ensure every company you own can contribute to your returns, and you don’t want to take outsize risk by having extreme concentrations in a small number of names.”The changes could have a meaningful impact on sector-focused funds. According to data from Morningstar Direct, there was about $163 billion in passively managed technology fund assets as of the end of February, along with another $81.9 billion in actively managed tech fund assets.The shift in index makeup will have a bigger impact on the stocks that are leaving the tech benchmark, Bank of America Corp. said. As passive investors rebalance their holdings to mirror the new weightings, tech funds will need to sell 1.4 times the amount of the payment stocks than what financials funds can absorb, acting as a headwind, the firm said. Tech stocks migrating to the industrials index also will see selling pressure, the firm said.Even with the rebalance, tech will remain by far the largest of the 11 industries in the S&P 500. It accounts for 29% of the S&P 500, its highest in more than a year, and up from a January low of 25.3%. It is twice as influential as health care, the second-largest, which is 14% of the benchmark.This influence can be a double-edged sword. Apple and Microsoft massively outperformed over the past five years, helping to pull up the overall market. Both are seen as safe havens, with strong balance sheets and the kind of durable revenue streams that can withstand slower economic growth or a recession; the pair outperformed amid the recent fallout from the collapse of Silicon Valley Bank.Apple is up 20% this year, while Microsoft is up 17%, compared with gains of 2.9% for the S&P 500 and 15% for the Nasdaq 100 Index. On Friday, Apple dipped 0.2% while Microsoft rose 1%. The Nasdaq 100 was up 0.3%.The removal of Visa and Mastercard — not typically thought of as tech companies — from the sector index highlights some of the quirks of the S&P 500’s construction. While a number of notable companies are frequently grouped under the banner of “big tech,” they aren’t classified in the sector. S&P regards Amazon.com Inc. as a consumer discretionary stock, while Alphabet Inc. and Meta Platforms Inc. are both in the communication services Index, following a 2018 reclassification that removed them from tech.Still, Apple and Microsoft stand alone in their influence. The two are the largest stocks in the overall market, representing 13.1% of the S&P 500. Over the past 10 years, the pair’s average combined weight was 8%. This means the rest of tech, regardless of individual corporate fundamentals, are likely to suffer if this strength reverses.“If you have an environment where two companies that are a huge part of an index are performing differently than the rest, that’s a terribly difficult environment to operate in,” said Denny Fish, who manages tech sector funds at Janus Henderson. However, he stressed that the growing influence of tech wasn’t inherently a risk.“The reason tech’s weight has grown is that all else being equal, it continues to drive a higher percentage of profits in the economy,” he said. “Given how tech has taken up bigger and bigger parts of the market for 30 years, it seems riskier to not be in it.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943314993,"gmtCreate":1679123029112,"gmtModify":1679123032814,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943314993","repostId":"1126461227","repostType":4,"repost":{"id":"1126461227","pubTimestamp":1679104200,"share":"https://www.laohu8.com/m/news/1126461227?lang=&edition=full","pubTime":"2023-03-18 09:50","market":"us","language":"en","title":"Are Banks on the Edge of Another 2008-Style Precipice?","url":"https://stock-news.laohu8.com/highlight/detail?id=1126461227","media":"Financial Times","summary":"Bearish nerves seem to be winning right now — despite good reasons to hope notUS bank shares are dow","content":"<html><head></head><body><p>Bearish nerves seem to be winning right now — despite good reasons to hope not</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51ea2dddf4011084e557bd147c970adf\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/><span>US bank shares are down 17% over the past fortnight © Brendan McDermid/Reuters</span></p><p>Northern Rock, Bear Stearns, Countrywide Financial and Alliance &amp; Leicester. Back in late 2007 and early 2008, when they all failed or were rescued, none of the above was systemically important. And few observers would have predicted the nightmarish crisis that was to strike within the year, felling behemoths from Wall Street’s venerable Lehman Brothers to Royal Bank of Scotland, then the biggest bank in the world.</p><p>Fifteen years later, after a week in which four banks — Silicon Valley Bank, Signature and First Republic in the US, and Credit Suisse in Europe — teetered and were propped up in one way or another, it is no wonder that investors are questioning whether we are facing 2007-style problems that could soon spiral into another full-blown 2008-style disaster.</p><p>There are good reasons to hope not. The primary causes of the 2008 crisis — a glut of poor-quality subprime mortgages that had been spread round the world via derivatives on to the balance sheets of poorly capitalised banks — do not apply in 2023. Credit quality remains decent. And bank capital is two to three times stronger than it was a decade and a half ago.</p><p>Such reassurances have felt empty though in the face of the market panic afflicting bank shares. European banks are down by an average of 19 per cent in a fortnight; US banks by 17 per cent. On Wednesday Credit Suisse shares slumped by 30 per cent intraday, recovering only after central bank intervention.</p><p>Markets were not exactly calm by the end of the week but they had stabilised somewhat. This came after CS made use of a $54bn “bazooka” liquidity intervention by the Swiss National Bank, while the risk of US bank runs was offset by deposit guarantees, new Federal Reserve liquidity facilities and a Wall Street whipround.</p><p>Of course such interventions were not supposed to be necessary after the drama of 2008. The vast package of post-crisis regulatory reforms was designed to ensure there could be no repeat of the domino collapses of banks on both sides of the Atlantic. New minimum levels of equity capital were devised, regulatory stress tests were introduced and liquidity ratios were toughened, dictating that more ready funds should be available to meet customer withdrawal requests.</p><p>This week’s problems in the US were explicitly caused by a failure there to apply these rules to anything other than the eight biggest banks. SVB was brought to its knees by a combination of poor interest rate risk management and lax regulatory oversight, leaving it vulnerable to a run on deposit withdrawals.</p><p>A similar phenomenon afflicted Signature, a crypto-focused bank, hours later. First Republic, another regional bank, became a particular target after panicked investors realised it would not benefit from the special Federal Reserve funding vehicle launched in the wake of SVB’s failure, because it lacked the requisite collateral to tap the scheme.</p><p>As investors looked for victims in Europe, attention settled on Credit Suisse, long seen as the region’s weakest big bank. It shares little or no common ground with SVB — its regulatory oversight is robust, its interest rate risk is hedged. But it has been accident-prone and slow to restructure. A decade or more of bad management and scandals has left the group’s reputation severely tarnished — a particularly bad thing when much of your business model rests on persuading billionaires to entrust their wealth to you. At the same time longstanding shareholders have deserted the bank to be replaced with unhelpful new ones.</p><p>There is even less fundamental reason to distrust the viability of European banks more broadly. Credit losses are low, capital levels are strong and they have come through stress tests.</p><p>But this bullish assessment is still being trumped by bearish nerves — and some logic. Central bank efforts to tame inflation will produce recessionary pressures, pushing banks’ loan losses higher and potentially eating into capital buffers. At the same time unexpected damage may be inflicted on less regulated, but similarly important, parts of the financial system that have got used to ultra-low interest rates, possibly including pensions, private equity and hedge funds. The gilts crisis in the UK pensions market last autumn was a warning sign of such risks.</p><p>Even if the chances of another full-blown financial meltdown are low, our ability to deal with it may be less. Back in 2008, policymakers were able to slash interest rates, launch quantitative easing and flood the banks with rescue capital and liquidity. With government balance sheets today far more stretched, and interest rates needing to rise to combat inflation, the weaponry at their disposal is dangerously diminished.</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>Are Banks on the Edge of Another 2008-Style Precipice?</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\">\nAre Banks on the Edge of Another 2008-Style Precipice?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-18 09:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/b579e2b1-0b9c-49ec-ba28-6834a20b690d><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bearish nerves seem to be winning right now — despite good reasons to hope notUS bank shares are down 17% over the past fortnight © Brendan McDermid/ReutersNorthern Rock, Bear Stearns, Countrywide ...</p>\n\n<a href=\"https://www.ft.com/content/b579e2b1-0b9c-49ec-ba28-6834a20b690d\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CS":"瑞士信贷",".IXIC":"纳斯达克",".SPX":"标普500",".DJI":"道琼斯"},"source_url":"https://www.ft.com/content/b579e2b1-0b9c-49ec-ba28-6834a20b690d","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126461227","content_text":"Bearish nerves seem to be winning right now — despite good reasons to hope notUS bank shares are down 17% over the past fortnight © Brendan McDermid/ReutersNorthern Rock, Bear Stearns, Countrywide Financial and Alliance & Leicester. Back in late 2007 and early 2008, when they all failed or were rescued, none of the above was systemically important. And few observers would have predicted the nightmarish crisis that was to strike within the year, felling behemoths from Wall Street’s venerable Lehman Brothers to Royal Bank of Scotland, then the biggest bank in the world.Fifteen years later, after a week in which four banks — Silicon Valley Bank, Signature and First Republic in the US, and Credit Suisse in Europe — teetered and were propped up in one way or another, it is no wonder that investors are questioning whether we are facing 2007-style problems that could soon spiral into another full-blown 2008-style disaster.There are good reasons to hope not. The primary causes of the 2008 crisis — a glut of poor-quality subprime mortgages that had been spread round the world via derivatives on to the balance sheets of poorly capitalised banks — do not apply in 2023. Credit quality remains decent. And bank capital is two to three times stronger than it was a decade and a half ago.Such reassurances have felt empty though in the face of the market panic afflicting bank shares. European banks are down by an average of 19 per cent in a fortnight; US banks by 17 per cent. On Wednesday Credit Suisse shares slumped by 30 per cent intraday, recovering only after central bank intervention.Markets were not exactly calm by the end of the week but they had stabilised somewhat. This came after CS made use of a $54bn “bazooka” liquidity intervention by the Swiss National Bank, while the risk of US bank runs was offset by deposit guarantees, new Federal Reserve liquidity facilities and a Wall Street whipround.Of course such interventions were not supposed to be necessary after the drama of 2008. The vast package of post-crisis regulatory reforms was designed to ensure there could be no repeat of the domino collapses of banks on both sides of the Atlantic. New minimum levels of equity capital were devised, regulatory stress tests were introduced and liquidity ratios were toughened, dictating that more ready funds should be available to meet customer withdrawal requests.This week’s problems in the US were explicitly caused by a failure there to apply these rules to anything other than the eight biggest banks. SVB was brought to its knees by a combination of poor interest rate risk management and lax regulatory oversight, leaving it vulnerable to a run on deposit withdrawals.A similar phenomenon afflicted Signature, a crypto-focused bank, hours later. First Republic, another regional bank, became a particular target after panicked investors realised it would not benefit from the special Federal Reserve funding vehicle launched in the wake of SVB’s failure, because it lacked the requisite collateral to tap the scheme.As investors looked for victims in Europe, attention settled on Credit Suisse, long seen as the region’s weakest big bank. It shares little or no common ground with SVB — its regulatory oversight is robust, its interest rate risk is hedged. But it has been accident-prone and slow to restructure. A decade or more of bad management and scandals has left the group’s reputation severely tarnished — a particularly bad thing when much of your business model rests on persuading billionaires to entrust their wealth to you. At the same time longstanding shareholders have deserted the bank to be replaced with unhelpful new ones.There is even less fundamental reason to distrust the viability of European banks more broadly. Credit losses are low, capital levels are strong and they have come through stress tests.But this bullish assessment is still being trumped by bearish nerves — and some logic. Central bank efforts to tame inflation will produce recessionary pressures, pushing banks’ loan losses higher and potentially eating into capital buffers. At the same time unexpected damage may be inflicted on less regulated, but similarly important, parts of the financial system that have got used to ultra-low interest rates, possibly including pensions, private equity and hedge funds. The gilts crisis in the UK pensions market last autumn was a warning sign of such risks.Even if the chances of another full-blown financial meltdown are low, our ability to deal with it may be less. Back in 2008, policymakers were able to slash interest rates, launch quantitative easing and flood the banks with rescue capital and liquidity. With government balance sheets today far more stretched, and interest rates needing to rise to combat inflation, the weaponry at their disposal is dangerously diminished.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943314074,"gmtCreate":1679122970898,"gmtModify":1679122972635,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943314074","repostId":"2320356045","repostType":4,"repost":{"id":"2320356045","pubTimestamp":1679107854,"share":"https://www.laohu8.com/m/news/2320356045?lang=&edition=full","pubTime":"2023-03-18 10:50","market":"us","language":"en","title":"iShares Global Energy ETF: I Love Buying Corrections","url":"https://stock-news.laohu8.com/highlight/detail?id=2320356045","media":"Seeking Alpha","summary":"SummaryI turned cautious on Energy when March got underway. Even with that backdrop, I'm surprised h","content":"<html><head></head><body><h2>Summary</h2><ul><li>I turned cautious on Energy when March got underway. Even with that backdrop, I&#39;m surprised how quickly (and by how much) the sector has dropped.</li><li>The good news is this opens up a buying opportunity. Crude has sold off, and that often suggests the time is ripe for building positions.</li><li>This will continue to be a volatile sector as global macro conditions remain challenged. But I like the sector as a hedge against the S&amp;P 500.</li><li>This is especially true for iShares Global Energy ETF, since it is a global play. The fund is less top-heavy than its domestic-only counterparts.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/871ebdcef41a22fa0b077526eadaad8d\" tg-width=\"1080\" tg-height=\"720\" width=\"100%\" height=\"auto\"/><span>JackF/iStock via Getty Images</span></p><h2>Main Thesis &amp; Background</h2><p>The purpose of this article is to evaluate the iShares Global Energy ETF (NYSEARCA:IXC) as an investment option at its current market price. This is a passively managed sector fund with an objective &#34;to track the investment results of an index composed of global equities in the energy sector.&#34;</p><p>This is one of three Energy funds I own, and I&#39;m going to focus this review on why I choose to add this one recently to capitalize on the broader sector&#39;s correction. This is important because I wrote about the Vanguard Energy ETF (VDE) earlier this month, when I cautioned readers about the risks facing that fund and Energy as a whole. Needless to say, this advice was well-timed given the sharp declines in share prices of late:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/87469ea9da223f8c26af49d67695d09e\" tg-width=\"640\" tg-height=\"497\" width=\"100%\" height=\"auto\"/><span>1-Month Performance (Google Finance)</span></p><p>Clearly, this has been a rough week/month! But rather than dwell on the negative, I see opportunity here. I always have some ownership of various sectors such as Energy, Utilities, and others. But the catch is I want to add to them over time when the opportunity is ripe - and I believe it is now. Buying during corrections or bear market periods will generally bode well over time, and that is what I see playing out here. Therefore, I am putting a &#34;buy&#34; rating on the IXC exchange-traded fund (&#34;ETF&#34;) and will use this review to explain why.</p><h2>Crude&#39;s Drop Is Historically Large</h2><p>I will now shift to<i>why</i>I like buying Energy at this moment. A lot of it has to do with crude&#39;s performance, which I see as a buying opportunity. But, wait, you say, crude has been performing terribly of late! Well, that is precisely the point. I like to buy sectors/funds/themes when they are <b>out</b> of favor. That is crude oil at this moment.</p><p>For perspective, consider Brent crude&#39;s price movement since January 1. It has lost over 14% year-to-date. If this seems like a big move, that is because it is. Looking back at the past two decades, there is only one other year (the anomaly of 2020) where crude saw a bigger drop through mid-March:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/31bcfd9a11d74ce629e38751725d16e2\" tg-width=\"640\" tg-height=\"224\" width=\"100%\" height=\"auto\"/><span>Brent Crude Annual Moves (2023 YTD) (Energy Information Administration)</span></p><p>Similar to the price drops in the Energy-specific ETFs I hold, this type of correction screams &#34;buy&#34; to me. Is more volatility on the way? Most likely. Can crude see further losses? Of course - and I never suggest I have perfectly timed a bottom. Readers need to understand this. But I view disproportionate losses and corrections and bear markets as obvious buys.</p><h2>Why IXC?</h2><p>As I stated earlier, IXC is not the only Energy ETF I own. But I view it as a good relative buy here for a key reason. This reason is diversification, which is generally lacking in my other big ETF holding of VDE.</p><p>What I mean is, when a sector is seeing enhanced volatility, I want to stay less exposed to a handful of big names. Spreading the risk out in what is already a heightened riskier sector makes a lot of sense to me. In that regard, IXC fits the bill because it is &#34;global&#34; and has some of the big majors from the U.K., Canada, Australia, and other Western nations:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1df6cad44964b635ec38d013a713c30c\" tg-width=\"495\" tg-height=\"428\" width=\"100%\" height=\"auto\"/><span>IXC&#39;s Geography Breakdown (iShares)</span></p><p>I view this positively because it helps take away some concentration risk and also remains light on central/eastern European exposure. There are some French and Italian holdings, but they represent a small portion of the fund. With the Russia-Ukraine conflict showing no signs of letting up, I am generally cautious on the Eurozone. But the U.K. is outside of that bloc, as are Australia and Canada, of course.</p><p>Beyond geography, IXC is not as top-heavy as VDE. Both funds are dominated by two of the biggest players in the sector: Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX). But it is to a different degree. While these companies make up over 38% of VDE, they are roughly 28% of IXC by comparison:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b4e19852f0f5785838edbbfbca133757\" tg-width=\"640\" tg-height=\"120\" width=\"100%\" height=\"auto\"/><span>VDE&#39;s Top Two Holdings (Vanguard)</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/50b1e0cb07ab434eba6be633458ef8f0\" tg-width=\"640\" tg-height=\"121\" width=\"100%\" height=\"auto\"/><span>IXC&#39;s Top Two Holdings (iShares)</span></p><p>I would note that both funds are certainly quite beholden to these names. So a shift to IXC is not a &#34;cure-all.&#34; But I do like its diversify<i>in comparison</i>to VDE and how it is not as heavily tilted towards XOM and CVX. For this reason, coupled with the general short-term uncertainty regarding crude oil at the moment, I view IXC as the better buy for the time being.</p><h2>OPEC Expects China To Fill Demand Void</h2><p>Shifting back to a broader focus, I want to emphasize I see the current weakness as likely to be short-lived. The drop strikes me as too large, too fast, and a rebound likely is going to occur in the next month.</p><p>Key to this thesis is the demand forecast from China. I see China&#39;s economy rebounding sharply this year, which makes it a nice hedge against potential slowdowns in the U.S. and western Europe. This is a view shared by OPEC+ as well. In OPEC&#39;s March Oil Report, the group raised its forecast for economic growth in China while lowering it in the U.S. (and elsewhere). The logic that follows is crude demand will similarly rise and fall based on these projections:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a006108d3a4849e348af610e27de734e\" tg-width=\"560\" tg-height=\"504\" width=\"100%\" height=\"auto\"/><span>OPEC&#39;s Demand Forecasts (OPEC March Report)</span></p><p>The demand forecast this week and a monthly report from the International Energy Agency (IEA) on Wednesday flagged an expected boost to oil demand from resumed air travel and China&#39;s economic reopening after abandoning its zero-COVID policy.</p><p>We have to remember that projections are not always accurate (and can change quickly). This is a monthly report from OPEC, so I will be monitoring it closely in April and May to see if I should adjust my short-term view. But for now I concur. I see Asia - India and China in particular - as picking up the slack for the rest of the world. These are oil-guzzling countries that are likely to take advantage of the recent drop in prices. If I am right, the bodes well for a crude rebound and the underlying share prices that make up IXC.</p><h2>Energy Isn&#39;t Where The Pain Is</h2><p>Another reason why I like the Energy sector has to do with their more prudent management over the past few years. With oil getting slashed during 2020, Energy companies had to make due with less. They limited investment and managed cash efficiently, to the point where they were well-capitalized compared to other &#34;flashier&#34; sectors.</p><p>That has paid off to a point. While many large-cap companies have announced massive layoffs to curb costs in both 2022 and early 2023, we can see that Energy companies haven&#39;t (generally) been a part of this trend:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0650799267137b3aae9b5bdbe1dd9289\" tg-width=\"544\" tg-height=\"446\" width=\"100%\" height=\"auto\"/><span>Headline Layoff Announcements (S&amp;P Global)</span></p><p>Of course, it is a positive trend to see these companies reduce costs. But it also spells trouble about their current position and future growth prospects. In short, it can be a short-term win with negative longer term implications if not done properly. Energy companies, on the other hand, have been managing their investment at a historically low level and working instead to return cash to shareholders. That is a trend I can get behind!</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98c499ac4fb1a95ab56475fac3331cf7\" tg-width=\"640\" tg-height=\"282\" width=\"100%\" height=\"auto\"/><span>Metrics for Energy Sector (Yahoo Finance)</span></p><p>This is precisely the kind of management action I want from the companies I own stock in. These are indeed the companies that make up IXC, so I view this backdrop as support for my bullishness for the sector.</p><h2>A Key Risk Not To Ignore - Debt Ceiling</h2><p>My last topic touches on a risk that I view very seriously for both equities as a whole and the Energy sector. This extends to IXC and is a risk I hope we will avoid, but I&#39;m planning ahead in case we don&#39;t.</p><p>What I am referring to is the debt ceiling debate shaping up for later this year. Now that Republicans have control of the house, it is unlikely to go smoothly in that they will be demanding spending cuts that Democrats and the Biden administration may be unwilling to give. This back and forth is something we have seen before and, unfortunately, it is not likely to be kind to equity markets.</p><p>For perspective, let us think back almost twelve years ago to 2011. At this point, House Republicans took a hard line on demanding spending cuts to then-President Obama before agreeing to raise the debt ceiling. For those of you, like myself, who were investors during that time, we remember it was a volatile time period. To remind us just how volatile, consider this graphic:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8ba2a294f08e95389a25b69dbff27e39\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"/><span>S&amp;P 500 Performance (S&amp;P Global)</span></p><p>As you can see, the S&amp;P 500 (SP500) saw sharp swings in both directions, but trended in double-digit decline territory on multiple occasions (from where the index started prior to the government shutdown over the debt ceiling).</p><p>This graphic refers to the S&amp;P 500 as a guide, and not IXC specifically. I am aware of that, but readers should be aware that IXC was not a play to hide during this turmoil, either. To see why, let us consider the fund&#39;s return from July 1 - September 29th, which covered this period:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d5da061425929224bbaf435f619a3163\" tg-width=\"637\" tg-height=\"119\" width=\"100%\" height=\"auto\"/><span>Source: Yahoo Finance.</span></p><p>The conclusion I draw here is IXC was a<i>worse</i>place to be during this crisis, so readers need to take care. I would have thought that the international holdings would have leveled performance out a bit, but the cyclical nature of Energy took it on the chin regardless.</p><p>This serves as a useful reminder that Energy can be volatile and see swings in both ways. I see a strong argument for buying now, but caution my followers to stay within their risk tolerance limits and monitor the happenings in D.C. very closely going forward.</p><h2>Bottom Line</h2><p>iShares Global Energy ETF looks ripe for a rebound. This ETF has been pushed into correction territory, and that typically is a buy signal. The large drop in crude is unsettling, but history suggests this is temporary. With international exposure and less reliance on the two biggest names, I think the iShares Global Energy ETF is a good buy to complement my other holdings. Therefore, I think the bullish rating has merit, and I encourage readers to consider new positions in iShares Global Energy ETF at this time.</p><p><i>This article is written by Dividend Seeker for reference only. Please note the risks.</i></p></body></html>","source":"seekingalpha","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>iShares Global Energy ETF: I Love Buying Corrections</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\">\niShares Global Energy ETF: I Love Buying Corrections\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-18 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4588408-ishares-global-energy-etf-i-love-buying-corrections-rating-upgrade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI turned cautious on Energy when March got underway. Even with that backdrop, I'm surprised how quickly (and by how much) the sector has dropped.The good news is this opens up a buying ...</p>\n\n<a href=\"https://seekingalpha.com/article/4588408-ishares-global-energy-etf-i-love-buying-corrections-rating-upgrade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IXC":"iShares Trust S&P Global Energy"},"source_url":"https://seekingalpha.com/article/4588408-ishares-global-energy-etf-i-love-buying-corrections-rating-upgrade","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2320356045","content_text":"SummaryI turned cautious on Energy when March got underway. Even with that backdrop, I'm surprised how quickly (and by how much) the sector has dropped.The good news is this opens up a buying opportunity. Crude has sold off, and that often suggests the time is ripe for building positions.This will continue to be a volatile sector as global macro conditions remain challenged. But I like the sector as a hedge against the S&P 500.This is especially true for iShares Global Energy ETF, since it is a global play. The fund is less top-heavy than its domestic-only counterparts.JackF/iStock via Getty ImagesMain Thesis & BackgroundThe purpose of this article is to evaluate the iShares Global Energy ETF (NYSEARCA:IXC) as an investment option at its current market price. This is a passively managed sector fund with an objective \"to track the investment results of an index composed of global equities in the energy sector.\"This is one of three Energy funds I own, and I'm going to focus this review on why I choose to add this one recently to capitalize on the broader sector's correction. This is important because I wrote about the Vanguard Energy ETF (VDE) earlier this month, when I cautioned readers about the risks facing that fund and Energy as a whole. Needless to say, this advice was well-timed given the sharp declines in share prices of late:1-Month Performance (Google Finance)Clearly, this has been a rough week/month! But rather than dwell on the negative, I see opportunity here. I always have some ownership of various sectors such as Energy, Utilities, and others. But the catch is I want to add to them over time when the opportunity is ripe - and I believe it is now. Buying during corrections or bear market periods will generally bode well over time, and that is what I see playing out here. Therefore, I am putting a \"buy\" rating on the IXC exchange-traded fund (\"ETF\") and will use this review to explain why.Crude's Drop Is Historically LargeI will now shift towhyI like buying Energy at this moment. A lot of it has to do with crude's performance, which I see as a buying opportunity. But, wait, you say, crude has been performing terribly of late! Well, that is precisely the point. I like to buy sectors/funds/themes when they are out of favor. That is crude oil at this moment.For perspective, consider Brent crude's price movement since January 1. It has lost over 14% year-to-date. If this seems like a big move, that is because it is. Looking back at the past two decades, there is only one other year (the anomaly of 2020) where crude saw a bigger drop through mid-March:Brent Crude Annual Moves (2023 YTD) (Energy Information Administration)Similar to the price drops in the Energy-specific ETFs I hold, this type of correction screams \"buy\" to me. Is more volatility on the way? Most likely. Can crude see further losses? Of course - and I never suggest I have perfectly timed a bottom. Readers need to understand this. But I view disproportionate losses and corrections and bear markets as obvious buys.Why IXC?As I stated earlier, IXC is not the only Energy ETF I own. But I view it as a good relative buy here for a key reason. This reason is diversification, which is generally lacking in my other big ETF holding of VDE.What I mean is, when a sector is seeing enhanced volatility, I want to stay less exposed to a handful of big names. Spreading the risk out in what is already a heightened riskier sector makes a lot of sense to me. In that regard, IXC fits the bill because it is \"global\" and has some of the big majors from the U.K., Canada, Australia, and other Western nations:IXC's Geography Breakdown (iShares)I view this positively because it helps take away some concentration risk and also remains light on central/eastern European exposure. There are some French and Italian holdings, but they represent a small portion of the fund. With the Russia-Ukraine conflict showing no signs of letting up, I am generally cautious on the Eurozone. But the U.K. is outside of that bloc, as are Australia and Canada, of course.Beyond geography, IXC is not as top-heavy as VDE. Both funds are dominated by two of the biggest players in the sector: Exxon Mobil Corporation (XOM) and Chevron Corporation (CVX). But it is to a different degree. While these companies make up over 38% of VDE, they are roughly 28% of IXC by comparison:VDE's Top Two Holdings (Vanguard)IXC's Top Two Holdings (iShares)I would note that both funds are certainly quite beholden to these names. So a shift to IXC is not a \"cure-all.\" But I do like its diversifyin comparisonto VDE and how it is not as heavily tilted towards XOM and CVX. For this reason, coupled with the general short-term uncertainty regarding crude oil at the moment, I view IXC as the better buy for the time being.OPEC Expects China To Fill Demand VoidShifting back to a broader focus, I want to emphasize I see the current weakness as likely to be short-lived. The drop strikes me as too large, too fast, and a rebound likely is going to occur in the next month.Key to this thesis is the demand forecast from China. I see China's economy rebounding sharply this year, which makes it a nice hedge against potential slowdowns in the U.S. and western Europe. This is a view shared by OPEC+ as well. In OPEC's March Oil Report, the group raised its forecast for economic growth in China while lowering it in the U.S. (and elsewhere). The logic that follows is crude demand will similarly rise and fall based on these projections:OPEC's Demand Forecasts (OPEC March Report)The demand forecast this week and a monthly report from the International Energy Agency (IEA) on Wednesday flagged an expected boost to oil demand from resumed air travel and China's economic reopening after abandoning its zero-COVID policy.We have to remember that projections are not always accurate (and can change quickly). This is a monthly report from OPEC, so I will be monitoring it closely in April and May to see if I should adjust my short-term view. But for now I concur. I see Asia - India and China in particular - as picking up the slack for the rest of the world. These are oil-guzzling countries that are likely to take advantage of the recent drop in prices. If I am right, the bodes well for a crude rebound and the underlying share prices that make up IXC.Energy Isn't Where The Pain IsAnother reason why I like the Energy sector has to do with their more prudent management over the past few years. With oil getting slashed during 2020, Energy companies had to make due with less. They limited investment and managed cash efficiently, to the point where they were well-capitalized compared to other \"flashier\" sectors.That has paid off to a point. While many large-cap companies have announced massive layoffs to curb costs in both 2022 and early 2023, we can see that Energy companies haven't (generally) been a part of this trend:Headline Layoff Announcements (S&P Global)Of course, it is a positive trend to see these companies reduce costs. But it also spells trouble about their current position and future growth prospects. In short, it can be a short-term win with negative longer term implications if not done properly. Energy companies, on the other hand, have been managing their investment at a historically low level and working instead to return cash to shareholders. That is a trend I can get behind!Metrics for Energy Sector (Yahoo Finance)This is precisely the kind of management action I want from the companies I own stock in. These are indeed the companies that make up IXC, so I view this backdrop as support for my bullishness for the sector.A Key Risk Not To Ignore - Debt CeilingMy last topic touches on a risk that I view very seriously for both equities as a whole and the Energy sector. This extends to IXC and is a risk I hope we will avoid, but I'm planning ahead in case we don't.What I am referring to is the debt ceiling debate shaping up for later this year. Now that Republicans have control of the house, it is unlikely to go smoothly in that they will be demanding spending cuts that Democrats and the Biden administration may be unwilling to give. This back and forth is something we have seen before and, unfortunately, it is not likely to be kind to equity markets.For perspective, let us think back almost twelve years ago to 2011. At this point, House Republicans took a hard line on demanding spending cuts to then-President Obama before agreeing to raise the debt ceiling. For those of you, like myself, who were investors during that time, we remember it was a volatile time period. To remind us just how volatile, consider this graphic:S&P 500 Performance (S&P Global)As you can see, the S&P 500 (SP500) saw sharp swings in both directions, but trended in double-digit decline territory on multiple occasions (from where the index started prior to the government shutdown over the debt ceiling).This graphic refers to the S&P 500 as a guide, and not IXC specifically. I am aware of that, but readers should be aware that IXC was not a play to hide during this turmoil, either. To see why, let us consider the fund's return from July 1 - September 29th, which covered this period:Source: Yahoo Finance.The conclusion I draw here is IXC was aworseplace to be during this crisis, so readers need to take care. I would have thought that the international holdings would have leveled performance out a bit, but the cyclical nature of Energy took it on the chin regardless.This serves as a useful reminder that Energy can be volatile and see swings in both ways. I see a strong argument for buying now, but caution my followers to stay within their risk tolerance limits and monitor the happenings in D.C. very closely going forward.Bottom LineiShares Global Energy ETF looks ripe for a rebound. This ETF has been pushed into correction territory, and that typically is a buy signal. The large drop in crude is unsettling, but history suggests this is temporary. With international exposure and less reliance on the two biggest names, I think the iShares Global Energy ETF is a good buy to complement my other holdings. Therefore, I think the bullish rating has merit, and I encourage readers to consider new positions in iShares Global Energy ETF at this time.This article is written by Dividend Seeker for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943901685,"gmtCreate":1679013077048,"gmtModify":1679013081430,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943901685","repostId":"2319104893","repostType":4,"repost":{"id":"2319104893","pubTimestamp":1678950699,"share":"https://www.laohu8.com/m/news/2319104893?lang=&edition=full","pubTime":"2023-03-16 15:11","market":"us","language":"en","title":"XPeng Earnings Preview: Q4 To Be Soft With Promotions Hitting Margins","url":"https://stock-news.laohu8.com/highlight/detail?id=2319104893","media":"CnEVPost","summary":"\"We expect generally soft results and a weak 1Q23 outlook due to challenging demand and pricing dynamics,\" Edison Yu's team said.\n...","content":"<html><head></head><body><blockquote>&#34;We expect generally soft results and a weak 1Q23 outlook due to challenging demand and pricing dynamics,&#34; Edison Yu&#39;s team said.</blockquote><p>XPeng US | XPeng HK</p><p><img src=\"https://static.tigerbbs.com/54eb91eaa02668528ac0a8cf6d665ed4\" tg-width=\"1500\" tg-height=\"845\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>XPeng (NYSE: XPEV) will report fourth-quarter earnings on Friday, and as usual, Deutsche Bank analyst Edison Yu&#39;s team provided their preview.</p><p>&#34;We expect generally soft results and a weak 1Q23 outlook due to challenging demand and pricing dynamics,&#34; the team said in a research report sent to investors yesterday.</p><h1>Soft fourth-quarter</h1><p>XPeng will report its unaudited financial results for the fourth quarter and fiscal 2022 on Friday, March 17, before the US markets open.</p><p> | Follow CnEVPost on Google News</p><p>It delivered 22,204 vehicles in the fourth quarter, above the upper end of the guidance range of 20,000 to 21,000, but down 46.82 percent year-on-year and down 24.91 percent from the third quarter.</p><p>XPeng&#39;s previous revenue guidance for the fourth quarter was RMB 4.8 billion to RMB 5.1 billion, representing a year-on-year decrease of about 40.4 percent to 43.9 percent.</p><p>&#34;We expect a soft quarter with deliveries already reported at 22,204, above management&#39;s guidance range (20,000-21,000), but with promotional activity hitting margins,&#34; Yu&#39;s team wrote.</p><p>The team expects XPeng to post revenue of RMB 5.4 billion yuan and a gross margin of 11.5 percent in the fourth quarter.</p><p>They expect XPeng&#39;s vehicle margin to be 8.5 percent in the fourth quarter, down 3.1 percentage points from the third quarter, and adjusted earnings per share of RMB -2.33.</p><p>The current analyst consensus in the Bloomberg survey is for revenue of RMB 5.7 billion, gross margin of 12.1 percent and adjusted EPS of RMB -2.25.</p><p>For the first quarter, Yu&#39;s team expects deliveries to be around 19,000-20,000 units and for gross margin to drop to single digits as price cuts take hold.</p><p>XPeng deliveries in January and February were 5,218 and 6,010 units respectively, for a cumulative total of 11,228 units. Insurance registration figures for the past two weeks suggest that the company did not see a significant improvement in deliveries in March.</p><h1>Uncertainty in 2023</h1><p>The key to XPeng&#39;s relevance going forward is to win back market share, and that could take several quarters to achieve, which has created significant uncertainty this year, Yu&#39;s team said.</p><p>Demand for the company&#39;s flagship SUV, the G9, has clearly been disappointing, despite mostly positive reviews, the team said, adding that they expect XPeng to potentially make pricing or SKU adjustments to the SUV in the coming months.</p><p>XPeng&#39;s new P7i sedan should help with order volume, but there won&#39;t be materially beneficial until the second quarter, the team said.</p><p>Most importantly, XPeng&#39;s upcoming Tesla Model Y competitor, the G6, needs to reach at least 5,000 units per month by the end of the year to be considered a success, the team said.</p><p>The team now expects XPeng to be on track to deliver 145,000 vehicles in 2023, a 10,000-unit downward revision from earlier, taking into account the decline in G9 sales.</p><h1>How can capacity utilization be improved?</h1><p>If XPeng&#39;s sales continue to be weak, its management may need to get creative to improve its capacity utilization, Yu&#39;s team said, adding that the easiest way to do that would be to sign some large fleet deals.</p><p>That may be hard in China, considering BYD and GAC have stronger positions in the taxi and ride-sharing segment, but XPeng recently signed deals with some local car rental companies to buy its P7 sedan, the team noted.</p><p>XPeng entered into a strategic partnership with local car rental company eHi Car Services on July 19, 2022, and delivered the first few hundred cars to the latter.</p><p>On January 9 this year, XPeng signed agreements with car rental company China Auto Rental and Geely&#39;s travel service platform Xiaolinggou Travel Technology, and completed the delivery of the first XPeng P7 vehicles in Ningbo, Zhejiang province.</p><p>In addition, XPeng has restarted its expansion efforts in Europe, where large fleet deals could make sense due to the region&#39;s high percentage of corporate fleets and low availability of cheap BEV options, Yu&#39;s team said.</p><p>&#34;We note BYD has an agreement with SIXT for 100,000 EVs and XPeng&#39;s vehicles fall into a similar price point. BYD also just announced a 5,000 unit agreement with UK&#39;s Octopus EV,&#34; the team wrote.</p><p>Another option is to partner more deeply with traditional OEMs on EVs and robotaxis, which could come in the form of equity investments or strategic alliances, according to the team.</p><li></li></body></html>","source":"cnevpost_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XPeng Earnings Preview: Q4 To Be Soft With Promotions Hitting Margins</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\">\nXPeng Earnings Preview: Q4 To Be Soft With Promotions Hitting Margins\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 15:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://cnevpost.com/2023/03/15/xpeng-q4-2022-earnings-preview/><strong>CnEVPost</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"We expect generally soft results and a weak 1Q23 outlook due to challenging demand and pricing dynamics,\" Edison Yu's team said.XPeng US | XPeng HKXPeng (NYSE: XPEV) will report fourth-quarter ...</p>\n\n<a href=\"https://cnevpost.com/2023/03/15/xpeng-q4-2022-earnings-preview/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","09868":"小鹏汽车-W"},"source_url":"https://cnevpost.com/2023/03/15/xpeng-q4-2022-earnings-preview/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319104893","content_text":"\"We expect generally soft results and a weak 1Q23 outlook due to challenging demand and pricing dynamics,\" Edison Yu's team said.XPeng US | XPeng HKXPeng (NYSE: XPEV) will report fourth-quarter earnings on Friday, and as usual, Deutsche Bank analyst Edison Yu's team provided their preview.\"We expect generally soft results and a weak 1Q23 outlook due to challenging demand and pricing dynamics,\" the team said in a research report sent to investors yesterday.Soft fourth-quarterXPeng will report its unaudited financial results for the fourth quarter and fiscal 2022 on Friday, March 17, before the US markets open. | Follow CnEVPost on Google NewsIt delivered 22,204 vehicles in the fourth quarter, above the upper end of the guidance range of 20,000 to 21,000, but down 46.82 percent year-on-year and down 24.91 percent from the third quarter.XPeng's previous revenue guidance for the fourth quarter was RMB 4.8 billion to RMB 5.1 billion, representing a year-on-year decrease of about 40.4 percent to 43.9 percent.\"We expect a soft quarter with deliveries already reported at 22,204, above management's guidance range (20,000-21,000), but with promotional activity hitting margins,\" Yu's team wrote.The team expects XPeng to post revenue of RMB 5.4 billion yuan and a gross margin of 11.5 percent in the fourth quarter.They expect XPeng's vehicle margin to be 8.5 percent in the fourth quarter, down 3.1 percentage points from the third quarter, and adjusted earnings per share of RMB -2.33.The current analyst consensus in the Bloomberg survey is for revenue of RMB 5.7 billion, gross margin of 12.1 percent and adjusted EPS of RMB -2.25.For the first quarter, Yu's team expects deliveries to be around 19,000-20,000 units and for gross margin to drop to single digits as price cuts take hold.XPeng deliveries in January and February were 5,218 and 6,010 units respectively, for a cumulative total of 11,228 units. Insurance registration figures for the past two weeks suggest that the company did not see a significant improvement in deliveries in March.Uncertainty in 2023The key to XPeng's relevance going forward is to win back market share, and that could take several quarters to achieve, which has created significant uncertainty this year, Yu's team said.Demand for the company's flagship SUV, the G9, has clearly been disappointing, despite mostly positive reviews, the team said, adding that they expect XPeng to potentially make pricing or SKU adjustments to the SUV in the coming months.XPeng's new P7i sedan should help with order volume, but there won't be materially beneficial until the second quarter, the team said.Most importantly, XPeng's upcoming Tesla Model Y competitor, the G6, needs to reach at least 5,000 units per month by the end of the year to be considered a success, the team said.The team now expects XPeng to be on track to deliver 145,000 vehicles in 2023, a 10,000-unit downward revision from earlier, taking into account the decline in G9 sales.How can capacity utilization be improved?If XPeng's sales continue to be weak, its management may need to get creative to improve its capacity utilization, Yu's team said, adding that the easiest way to do that would be to sign some large fleet deals.That may be hard in China, considering BYD and GAC have stronger positions in the taxi and ride-sharing segment, but XPeng recently signed deals with some local car rental companies to buy its P7 sedan, the team noted.XPeng entered into a strategic partnership with local car rental company eHi Car Services on July 19, 2022, and delivered the first few hundred cars to the latter.On January 9 this year, XPeng signed agreements with car rental company China Auto Rental and Geely's travel service platform Xiaolinggou Travel Technology, and completed the delivery of the first XPeng P7 vehicles in Ningbo, Zhejiang province.In addition, XPeng has restarted its expansion efforts in Europe, where large fleet deals could make sense due to the region's high percentage of corporate fleets and low availability of cheap BEV options, Yu's team said.\"We note BYD has an agreement with SIXT for 100,000 EVs and XPeng's vehicles fall into a similar price point. BYD also just announced a 5,000 unit agreement with UK's Octopus EV,\" the team wrote.Another option is to partner more deeply with traditional OEMs on EVs and robotaxis, which could come in the form of equity investments or strategic alliances, according to the team.","news_type":1},"isVote":1,"tweetType":1,"viewCount":49,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943901862,"gmtCreate":1679013051457,"gmtModify":1679013055305,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943901862","repostId":"1167361248","repostType":4,"repost":{"id":"1167361248","pubTimestamp":1678951629,"share":"https://www.laohu8.com/m/news/1167361248?lang=&edition=full","pubTime":"2023-03-16 15:27","market":"us","language":"en","title":"Tesla: Attractively Valued","url":"https://stock-news.laohu8.com/highlight/detail?id=1167361248","media":"Seeking Alpha","summary":"SummaryTesla, Inc. has been disrupting the automotive industry in the past decade, and a new product","content":"<html><head></head><body><h3>Summary</h3><ul><li>Tesla, Inc. has been disrupting the automotive industry in the past decade, and a new products pipeline suggests that the company is poised to continue setting trends in EV market.</li><li>The company is a profitability rockstar, with immense margins expansion potential as business scale is expected to multiply several times.</li><li>My valuation analysis, along with Morningstar and Argus Research estimates, suggest Tesla, Inc. stock is significantly undervalued.</li></ul><h3>Investment thesis</h3><p><a href=\"https://laohu8.com/S/TSLA\">Tesla, Inc.</a> has delivered a stellar financial performance in recent years thanks to the company&#39;s innovative products and cutting-edge technology. Being a dominant player in Electric Vehicles [EV] market, the company is poised to continue its growthtrajectory in coming years thanks to its strong brand and position, unique technology, and unique marketing strategy. I have high conviction that these factors will contribute to stock price appreciation given that valuation analysis suggests Tesla stock is undervalued.</p><h3>About the company</h3><p>Tesla designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems with cross-selling services related to the company&#39;s products. Tesla sells products directly to final customers.</p><p>The company operates two reportable segments: Automotive and Energy Generation &amp; Storage. These two segments comprise of following activities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8302bf19a3998785760345e5a3784f4e\" tg-width=\"640\" tg-height=\"319\" width=\"100%\" height=\"auto\"/><span>Based on Tesla 10-Kreport</span></p><p>Tesla&#39;s Automotive segment generated about 95% of the total sales in FY 2022, so I would like to dig in more details about this segment to enable readers to get deeper understanding on the company&#39;s major cash generating line. The company currently manufactures four different consumer EV models.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e6fb4c709353a01242566847a912c887\" tg-width=\"640\" tg-height=\"103\" width=\"100%\" height=\"auto\"/><span>Based on information from tesla.com</span></p><p>In late 2022, TSLA began deliveries of the company&#39;s first commercial vehicle, which is Tesla Semi truck. The truck has superior technical capabilities compared to competitors, outperforming other battery trucks across all crucial metrics.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7abea78d8627eacfd3157c1318b6d4cf\" tg-width=\"640\" tg-height=\"352\" width=\"100%\" height=\"auto\"/><span>Ptolemus.com</span></p><p>Tesla dominates in the United States with a 65% market share of new EV sales in 2022, though themarket share decreasedin comparison to 2021, as new legacy and EV makers are launching their pioneer models to the market.</p><h3>Financials</h3><p>Tesla has the highest Profitability Grade from Seeking Alpha Quant because the company significantly expanded margins in last 5 years and is well ahead from sector median in terms of profitability ratios.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edfe9e31d3b78bbaa62e44b24b56bebc\" tg-width=\"640\" tg-height=\"413\" width=\"100%\" height=\"auto\"/><span>Seeking Alpha</span></p><p>It is important to mention, that Tesla&#39;s profitability is significantly stronger than largest legacy auto manufacturers that have been selling millions of vehicles per year during the last decade, i.e., should advantage Tesla in terms of economies of scale. In 2022 Tesla delivered over 1.3 million, which was a record for the company, but was by far lower than its competitors did.</p><p><img src=\"https://static.tigerbbs.com/5ad117d662d4f8419a08e501bed659f6\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"/></p><p>In spite of the fact that Tesla did not enjoy comparable economies of scale as its competitors did, the company delivered by far the strongest operating margin in the last several quarters.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6361fe770e99933888a9e1ed56362d6a\" tg-width=\"635\" tg-height=\"484\" width=\"100%\" height=\"auto\"/><span>Data byYCharts</span></p><p>The most important factor contributing to Tesla&#39;s superior efficiency was an innovation called theGiga Press, a casting machine that replaced the traditional method of welding smaller parts together. By producing larger parts with fewer number of pieces, the company gained competitive advantage in decreasing production costs. For example, the rear underbody of the Model Y used to be made from 70 parts, but with the Giga Press it now consists of just two parts, resulting in a significant reduction in production time and costs. Tesla&#39;s Giga Press technology is a proprietary process, so it is legally protected from being replicated by competitors. Also, even if competitors will find legally viable ways to replicate the technology, it would require vast resources to be invested to modernize legacy automakers&#39; infrastructure required to start producing large-scale components. So, here I have high conviction that Tesla will continue expanding its margins and competitors will not keep up.</p><p>Another point that bolsters my confidence that Tesla will continue to dominate the market with cutting-edge technologies that its competitors will struggle to match is the fact that thecompany spendsthe most on Research &amp; Development [R&amp;D] and the least on marketing, compared to other automakers. Instead of spending money on traditional advertising channels, Tesla has focused on developing high-quality innovative products that create a buzz in the public eye.</p><p><img src=\"https://static.tigerbbs.com/452490fd8679fd6ff9ffa52727262014\" tg-width=\"640\" tg-height=\"174\" referrerpolicy=\"no-referrer\"/></p><p>This unique approach to manufacturing and marketing has enabled Tesla to achieve outstanding results over the past decade. The company&#39;s revenue and gross margin growth has been staggering, increasing more than 40-fold over the decade, representing a CAGR of more than 50%. Operating margin and free cash flow growth have been immense as well.</p><p><img src=\"https://static.tigerbbs.com/f07fee5d89ee6585cd001a5175fe5d9c\" tg-width=\"640\" tg-height=\"135\" referrerpolicy=\"no-referrer\"/></p><p>The company has very strong balance sheet with low debt to equity ratio of 6.3% and current ratio above 1.5.In October 2022, S&amp;P Global upgraded Tesla&#39;s credit rating to investment grade of BBB.</p><p>According to thecompany&#39;s management, Tesla is expected to deliver 1.8 million vehicles, indicating a 38% growth in deliveries number. There might be an upside in deliveries numbers by the end of 2023, according to Elon Musk:</p><blockquote>So, if it&#39;s a smooth year, actually, without some big supply chain interruption or massive problem, we actually have the potential to do 2 million cars this year. We&#39;re not committing to that, but I&#39;m just saying that&#39;s the potential. So – and I think there would be demand for that, too.</blockquote><h3>Valuation</h3><p>The market values TSLA stock with very generous premium because of the company&#39;s vast potential to revolutionize the automotive industry and be one of the leading entities to execute global transition to renewable energy. The charismatic visionary leader, Elon Musk, is the second major factor of investor&#39;s strong belief that TSLA valuation is worth it. That is why I am not surprised that the company&#39;s valuation ratios are higher than industry averages by the factors from two to seven. Therefore, as part of multiples analysis, I believe it would be more fair to compare current multiples to historical averages. This comparison suggests that the stock is currently undervalued, especially given the company&#39;s growth perspectives.</p><p><img src=\"https://static.tigerbbs.com/73d4efa8c8dbb8e834541d84dbc7128e\" tg-width=\"640\" tg-height=\"483\" referrerpolicy=\"no-referrer\"/></p><p>However, for me, pure multiples analysis does not provide sufficient evidence on the stock undervaluation. Tesla has been an amazing growth story in the last decade and consensus estimates project revenue to grow at above 20% CAGR in the next decade. Therefore, to assess TSLA fair value I believe the best option would be to exercise the Discounted Cash Flow [DCF] model.</p><p>Here I would simulate two possible scenarios implementing different top-line growth rates.Gurufocus currently estimatesa rather high WACC for Tesla at about 21%, so I think it makes no sense to simulate scenarios with higher WACC here. I also will not simulate more loose WACC since the Fed does not seemlikely to pivotin the foreseeable future, despite thefinancial sector demonstrating struggles. For base case scenario revenue projections up to FY 2032, I useconsensus estimates. Free cash flow [FCF] margin starts at TTM level of 5.17% in FY 2023 for DCF purposes and, based on my judgment, is set to improve by 200 basis points each year hitting close to 20% by FY 2030 and then staying flat. After incorporating all the above assumptions together, I arrived at a discount of about 20% for Tesla stock.</p><p><img src=\"https://static.tigerbbs.com/b3b25f162c2be22d6b20df0e4accdebb\" tg-width=\"640\" tg-height=\"220\" referrerpolicy=\"no-referrer\"/></p><p>Given the fact that competition in the EV market is intensifying significantly, I think that for DCF purposes we should challenge the top line growth.Bloomberg projectsEV market to grow at a CAGR of 18.2% to the year 2030. So, for the second scenario simulation, I incorporated an assumption that Tesla&#39;s revenue will grow at the overall EV market&#39;s CAGR. Even in this case, DCF outcomes suggest that the stock is fairly valued.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/25e27bf9eadac902189386b49306db7b\" tg-width=\"640\" tg-height=\"236\" width=\"100%\" height=\"auto\"/><span>Author&#39;s calculations</span></p><p>While performing valuation analysis I also referred to third-party resources which share their views on the stock fair value.Morningstar Premiumestimates TSLA&#39;s fair value at $225 per share, indicating about 30% upside potential. Based on the below chart you can see that Morningstar&#39;s estimations of TSLA&#39;s fair stock price have been on point.</p><p><img src=\"https://static.tigerbbs.com/8c4b06b0f3946646b24f781509576ffc\" tg-width=\"640\" tg-height=\"213\" referrerpolicy=\"no-referrer\"/></p><p>Argus Researchis even more optimistic than their colleagues from Morningstar, assigning a buy rating to the stock with the 12-month target price at $257 per share indicating almost 50% upside potential. However, it is worth to mention that previously Argus Research estimated target price for TSLA much higher, at $374 per share.</p><p>I am not as optimistic as Morningstar and Argus Research on the extent of the upside potential, but still, my Tesla valuation analysis indicates TSLA stock is about 20% undervalued at current levels.</p><h3>Risks to consider</h3><p>While pros for investing in Tesla stock are very robust, investors should also be aware of risks inherent to investing in the company&#39;s shares.</p><p>First, Tesla&#39;s stock price is very volatile, meaning that investors can suffer significant losses in a short period of time. The volatility is usually driven by Elon Musk&#39;s twitter account, which is unpredictable for investors.</p><p>Second, TSLA shares are trading with significant premium in comparison to other EV producers due to the fact that the company is by far at the forefront of technological innovation. In case the technological gap between Tesla and competitors narrows, the premium to TSLA stock price will deteriorate as well.</p><p>Third, the automotive industry is highly competitive with the company facing significant competition from both legacy automakers like Ford Motor Company (F) and General Motors (GM) as well as innovative EV makers like Rivian Automotive, Inc. (RIVN) and Lucid Group, Inc. (LCID), which are major local competitors within the United States. Competition from European and Asian legacy automakers is even tougher across the whole world, including their domestic markets.</p><p>And last, but not least, a major part of Tesla&#39;s valuation comprises its growth prospects linked to launch of future products and services. Any failures to meet these expectations will affect expected cash flows, thus undermining stock price.</p><h3>Bottom line</h3><p>To conclude, Tesla, Inc. stock is a strong buy given its current attractive valuation and future growth prospects, which I am convinced of based on its excellent past results and unique approach to manufacturing and marketing the company&#39;s products and services. Last year&#39;s selloff was mainly not due to factors directly related to Tesla&#39;s performance or foreseeable future prospects. The Tesla, Inc. fundamentals remain strong, and the competitive advantage as an electric vehicle trendsetter is still in the hands of Elon Musk.</p></body></html>","source":"seekingalpha","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: Attractively Valued</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: Attractively Valued\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 15:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4587635-tesla-attractively-valued><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla, Inc. has been disrupting the automotive industry in the past decade, and a new products pipeline suggests that the company is poised to continue setting trends in EV market.The company ...</p>\n\n<a href=\"https://seekingalpha.com/article/4587635-tesla-attractively-valued\">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://seekingalpha.com/article/4587635-tesla-attractively-valued","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1167361248","content_text":"SummaryTesla, Inc. has been disrupting the automotive industry in the past decade, and a new products pipeline suggests that the company is poised to continue setting trends in EV market.The company is a profitability rockstar, with immense margins expansion potential as business scale is expected to multiply several times.My valuation analysis, along with Morningstar and Argus Research estimates, suggest Tesla, Inc. stock is significantly undervalued.Investment thesisTesla, Inc. has delivered a stellar financial performance in recent years thanks to the company's innovative products and cutting-edge technology. Being a dominant player in Electric Vehicles [EV] market, the company is poised to continue its growthtrajectory in coming years thanks to its strong brand and position, unique technology, and unique marketing strategy. I have high conviction that these factors will contribute to stock price appreciation given that valuation analysis suggests Tesla stock is undervalued.About the companyTesla designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems with cross-selling services related to the company's products. Tesla sells products directly to final customers.The company operates two reportable segments: Automotive and Energy Generation & Storage. These two segments comprise of following activities.Based on Tesla 10-KreportTesla's Automotive segment generated about 95% of the total sales in FY 2022, so I would like to dig in more details about this segment to enable readers to get deeper understanding on the company's major cash generating line. The company currently manufactures four different consumer EV models.Based on information from tesla.comIn late 2022, TSLA began deliveries of the company's first commercial vehicle, which is Tesla Semi truck. The truck has superior technical capabilities compared to competitors, outperforming other battery trucks across all crucial metrics.Ptolemus.comTesla dominates in the United States with a 65% market share of new EV sales in 2022, though themarket share decreasedin comparison to 2021, as new legacy and EV makers are launching their pioneer models to the market.FinancialsTesla has the highest Profitability Grade from Seeking Alpha Quant because the company significantly expanded margins in last 5 years and is well ahead from sector median in terms of profitability ratios.Seeking AlphaIt is important to mention, that Tesla's profitability is significantly stronger than largest legacy auto manufacturers that have been selling millions of vehicles per year during the last decade, i.e., should advantage Tesla in terms of economies of scale. In 2022 Tesla delivered over 1.3 million, which was a record for the company, but was by far lower than its competitors did.In spite of the fact that Tesla did not enjoy comparable economies of scale as its competitors did, the company delivered by far the strongest operating margin in the last several quarters.Data byYChartsThe most important factor contributing to Tesla's superior efficiency was an innovation called theGiga Press, a casting machine that replaced the traditional method of welding smaller parts together. By producing larger parts with fewer number of pieces, the company gained competitive advantage in decreasing production costs. For example, the rear underbody of the Model Y used to be made from 70 parts, but with the Giga Press it now consists of just two parts, resulting in a significant reduction in production time and costs. Tesla's Giga Press technology is a proprietary process, so it is legally protected from being replicated by competitors. Also, even if competitors will find legally viable ways to replicate the technology, it would require vast resources to be invested to modernize legacy automakers' infrastructure required to start producing large-scale components. So, here I have high conviction that Tesla will continue expanding its margins and competitors will not keep up.Another point that bolsters my confidence that Tesla will continue to dominate the market with cutting-edge technologies that its competitors will struggle to match is the fact that thecompany spendsthe most on Research & Development [R&D] and the least on marketing, compared to other automakers. Instead of spending money on traditional advertising channels, Tesla has focused on developing high-quality innovative products that create a buzz in the public eye.This unique approach to manufacturing and marketing has enabled Tesla to achieve outstanding results over the past decade. The company's revenue and gross margin growth has been staggering, increasing more than 40-fold over the decade, representing a CAGR of more than 50%. Operating margin and free cash flow growth have been immense as well.The company has very strong balance sheet with low debt to equity ratio of 6.3% and current ratio above 1.5.In October 2022, S&P Global upgraded Tesla's credit rating to investment grade of BBB.According to thecompany's management, Tesla is expected to deliver 1.8 million vehicles, indicating a 38% growth in deliveries number. There might be an upside in deliveries numbers by the end of 2023, according to Elon Musk:So, if it's a smooth year, actually, without some big supply chain interruption or massive problem, we actually have the potential to do 2 million cars this year. We're not committing to that, but I'm just saying that's the potential. So – and I think there would be demand for that, too.ValuationThe market values TSLA stock with very generous premium because of the company's vast potential to revolutionize the automotive industry and be one of the leading entities to execute global transition to renewable energy. The charismatic visionary leader, Elon Musk, is the second major factor of investor's strong belief that TSLA valuation is worth it. That is why I am not surprised that the company's valuation ratios are higher than industry averages by the factors from two to seven. Therefore, as part of multiples analysis, I believe it would be more fair to compare current multiples to historical averages. This comparison suggests that the stock is currently undervalued, especially given the company's growth perspectives.However, for me, pure multiples analysis does not provide sufficient evidence on the stock undervaluation. Tesla has been an amazing growth story in the last decade and consensus estimates project revenue to grow at above 20% CAGR in the next decade. Therefore, to assess TSLA fair value I believe the best option would be to exercise the Discounted Cash Flow [DCF] model.Here I would simulate two possible scenarios implementing different top-line growth rates.Gurufocus currently estimatesa rather high WACC for Tesla at about 21%, so I think it makes no sense to simulate scenarios with higher WACC here. I also will not simulate more loose WACC since the Fed does not seemlikely to pivotin the foreseeable future, despite thefinancial sector demonstrating struggles. For base case scenario revenue projections up to FY 2032, I useconsensus estimates. Free cash flow [FCF] margin starts at TTM level of 5.17% in FY 2023 for DCF purposes and, based on my judgment, is set to improve by 200 basis points each year hitting close to 20% by FY 2030 and then staying flat. After incorporating all the above assumptions together, I arrived at a discount of about 20% for Tesla stock.Given the fact that competition in the EV market is intensifying significantly, I think that for DCF purposes we should challenge the top line growth.Bloomberg projectsEV market to grow at a CAGR of 18.2% to the year 2030. So, for the second scenario simulation, I incorporated an assumption that Tesla's revenue will grow at the overall EV market's CAGR. Even in this case, DCF outcomes suggest that the stock is fairly valued.Author's calculationsWhile performing valuation analysis I also referred to third-party resources which share their views on the stock fair value.Morningstar Premiumestimates TSLA's fair value at $225 per share, indicating about 30% upside potential. Based on the below chart you can see that Morningstar's estimations of TSLA's fair stock price have been on point.Argus Researchis even more optimistic than their colleagues from Morningstar, assigning a buy rating to the stock with the 12-month target price at $257 per share indicating almost 50% upside potential. However, it is worth to mention that previously Argus Research estimated target price for TSLA much higher, at $374 per share.I am not as optimistic as Morningstar and Argus Research on the extent of the upside potential, but still, my Tesla valuation analysis indicates TSLA stock is about 20% undervalued at current levels.Risks to considerWhile pros for investing in Tesla stock are very robust, investors should also be aware of risks inherent to investing in the company's shares.First, Tesla's stock price is very volatile, meaning that investors can suffer significant losses in a short period of time. The volatility is usually driven by Elon Musk's twitter account, which is unpredictable for investors.Second, TSLA shares are trading with significant premium in comparison to other EV producers due to the fact that the company is by far at the forefront of technological innovation. In case the technological gap between Tesla and competitors narrows, the premium to TSLA stock price will deteriorate as well.Third, the automotive industry is highly competitive with the company facing significant competition from both legacy automakers like Ford Motor Company (F) and General Motors (GM) as well as innovative EV makers like Rivian Automotive, Inc. (RIVN) and Lucid Group, Inc. (LCID), which are major local competitors within the United States. Competition from European and Asian legacy automakers is even tougher across the whole world, including their domestic markets.And last, but not least, a major part of Tesla's valuation comprises its growth prospects linked to launch of future products and services. Any failures to meet these expectations will affect expected cash flows, thus undermining stock price.Bottom lineTo conclude, Tesla, Inc. stock is a strong buy given its current attractive valuation and future growth prospects, which I am convinced of based on its excellent past results and unique approach to manufacturing and marketing the company's products and services. Last year's selloff was mainly not due to factors directly related to Tesla's performance or foreseeable future prospects. The Tesla, Inc. fundamentals remain strong, and the competitive advantage as an electric vehicle trendsetter is still in the hands of Elon Musk.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943901334,"gmtCreate":1679012990629,"gmtModify":1679012994343,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943901334","repostId":"1142078186","repostType":4,"repost":{"id":"1142078186","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":1678976105,"share":"https://www.laohu8.com/m/news/1142078186?lang=&edition=full","pubTime":"2023-03-16 22:15","market":"us","language":"en","title":"Semiconductor Stocks Jumped in Morning Trading, with AMD and Intel Rising over 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1142078186","media":"Tiger Newspress","summary":"Semiconductor stocks jumped in morning trading, with AMD and Intel rising over 4%.","content":"<html><head></head><body><p>Semiconductor stocks jumped in morning trading, with AMD and Intel rising over 4%.<img src=\"https://static.tigerbbs.com/cecdf7f8d158bde439513c776691ecd8\" tg-width=\"283\" tg-height=\"394\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Semiconductor Stocks Jumped in Morning Trading, with AMD and Intel Rising over 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSemiconductor Stocks Jumped in Morning Trading, with AMD and Intel Rising over 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-16 22:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor stocks jumped in morning trading, with AMD and Intel rising over 4%.<img src=\"https://static.tigerbbs.com/cecdf7f8d158bde439513c776691ecd8\" tg-width=\"283\" tg-height=\"394\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","NVDA":"英伟达","AMD":"美国超微公司"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142078186","content_text":"Semiconductor stocks jumped in morning trading, with AMD and Intel rising over 4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943901952,"gmtCreate":1679012969276,"gmtModify":1679012972683,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943901952","repostId":"2320139799","repostType":4,"repost":{"id":"2320139799","pubTimestamp":1679010241,"share":"https://www.laohu8.com/m/news/2320139799?lang=&edition=full","pubTime":"2023-03-17 07:44","market":"us","language":"en","title":"After-Hours Movers: First Republic Resumes Free-Fall; Fedex Surges On Raised Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2320139799","media":"StreetInsider","summary":"After-Hours Stock Movers:First Republic Bank (NYSE: FRC) 17.6% LOWER in extended New York trading af","content":"<html><head></head><body><p><b>After-Hours Stock Movers:</b></p><p><a href=\"https://laohu8.com/S/FRC\">First Republic Bank</a> (NYSE: FRC) 17.6% LOWER in extended New York trading after the bank announced it was suspending its dividend. Shares rose 10% intra-day.</p><p><a href=\"https://laohu8.com/S/SRPT\">Sarepta Therapeutics</a>, Inc. (NASDAQ: SRPT) 20% LOWER; announced that at its late cycle meeting for the SRP-9001 (delandistrogene moxeparvovec) biologics license application (BLA), the U.S. Food and Drug Administrations Office of Therapeutics (OTP) has determined that an advisory committee meeting will be held for SRP-9001 in advance of the May 29, 2023 regulatory action date. SRP-9001 is Sareptas investigational gene therapy for the treatment of Duchenne muscular dystrophy.</p><p><a href=\"https://laohu8.com/S/FDX\">FedEx</a> 11.85% HIGHER; reported Q3 EPS of $3.41, $0.65 better than the analyst estimate of $2.76. Revenue for the quarter came in at $22.2 billion versus the consensus estimate of $22.74 billion. FedEx sees Q4 2023 EPS of $14.60-$15.20, versus the consensus of $13.56.</p><p>UPS (NYSE: UPS) 3% HIGHER; gains following strong results from rival FedEx.</p><p>NVIDIA Corporation (NASDAQ: NVDA) 1% HIGHER; upgraded after-hours at Morgan Stanley</p><h1></h1><h1></h1></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: First Republic Resumes Free-Fall; Fedex Surges On Raised 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\">\nAfter-Hours Movers: First Republic Resumes Free-Fall; Fedex Surges On Raised Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-17 07:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=21384738><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:First Republic Bank (NYSE: FRC) 17.6% LOWER in extended New York trading after the bank announced it was suspending its dividend. Shares rose 10% intra-day.Sarepta ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=21384738\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPS":"联合包裹","FDX":"联邦快递"},"source_url":"https://www.streetinsider.com/dr/news.php?id=21384738","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320139799","content_text":"After-Hours Stock Movers:First Republic Bank (NYSE: FRC) 17.6% LOWER in extended New York trading after the bank announced it was suspending its dividend. Shares rose 10% intra-day.Sarepta Therapeutics, Inc. (NASDAQ: SRPT) 20% LOWER; announced that at its late cycle meeting for the SRP-9001 (delandistrogene moxeparvovec) biologics license application (BLA), the U.S. Food and Drug Administrations Office of Therapeutics (OTP) has determined that an advisory committee meeting will be held for SRP-9001 in advance of the May 29, 2023 regulatory action date. SRP-9001 is Sareptas investigational gene therapy for the treatment of Duchenne muscular dystrophy.FedEx 11.85% HIGHER; reported Q3 EPS of $3.41, $0.65 better than the analyst estimate of $2.76. Revenue for the quarter came in at $22.2 billion versus the consensus estimate of $22.74 billion. FedEx sees Q4 2023 EPS of $14.60-$15.20, versus the consensus of $13.56.UPS (NYSE: UPS) 3% HIGHER; gains following strong results from rival FedEx.NVIDIA Corporation (NASDAQ: NVDA) 1% HIGHER; upgraded after-hours at Morgan Stanley","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943901070,"gmtCreate":1679012916391,"gmtModify":1679012919994,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9943901070","repostId":"2320361770","repostType":4,"repost":{"id":"2320361770","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":1679011262,"share":"https://www.laohu8.com/m/news/2320361770?lang=&edition=full","pubTime":"2023-03-17 08:01","market":"us","language":"en","title":"Microsoft Unveils AI Office Copilot In Fast-Moving Race With Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2320361770","media":"Reuters","summary":"(Reuters) - Microsoft Corp  on Thursday trumpeted its latest plans to put artificial intelligence in","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp </a> on Thursday trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings this week by its rival <a href=\"https://laohu8.com/S/GOOGL\">Google </a> with upgrades to its own widely used office software.</p><p>The technology company previewed a new AI &#34;Copilot&#34; for Microsoft 365, its product suite that includes Word documents, Excel spreadsheets, PowerPoint presentations and Outlook emails. First open to some 20 enterprises for testing, AI will offer a draft in these applications, speeding up content creation and freeing up workers&#39; time, Microsoft said.</p><p>The Redmond, Washington-based company, outpacing peers through investments in ChatGPT&#39;s creator OpenAI, also showcased a new &#34;business chat&#34; experience that can pull data and perform tasks across applications on a user&#39;s written command.</p><p>&#34;We believe this next generation of AI will unlock a new wave of productivity growth,&#34; Satya Nadella, Microsoft&#39;s chief executive, said in an online presentation.</p><p>Microsoft&#39;s share price rose about 4% on the news.</p><p>This week&#39;s drumbeat of developments including new funding for AI startup Adept reflects how companies large and small are locked in a fierce competition to deploy software that could reshape how people work.</p><p>At the center are Microsoft and Google-owner Alphabet Inc, which on Tuesday touted AI features for Gmail and a &#34;magic wand&#34; to draft prose in its own word processor. The capabilities that Microsoft and Google showcased are similar.</p><p>The frenzy to invest in and build new products began with last year&#39;s launch of ChatGPT, the chatbot sensation that showed the public the potential of so-called large language models.</p><p>Such technology learns from past data how to create content anew. It has evolved rapidly. Just this week, OpenAI began the release of a more-powerful version known as GPT-4. This partly underpins Microsoft&#39;s Copilot features, along with an older GPT-3.5 model, business and application data, Microsoft said.</p><p>The new capabilities - offered through Microsoft&#39;s cloud - are poised to attract business and turn around slowing revenue growth, RBC analyst Rishi Jaluria said.</p><p>The Copilot will &#34;drive more usage of Microsoft Office and increase the separation versus competitors,&#34; Jaluria said.</p><h3>TAKING NOTES FOR YOU</h3><p>One of the company&#39;s biggest updates on Thursday was in Excel.</p><p>Microsoft said AI can open up the computational wizardry of its spreadsheet software, long the domain of trained analysts, to any person able to describe a calculation they would like in plain text.</p><p>Similar to live notes that Google showed reporters this week, Microsoft said its Copilot can summarize virtual meetings as they happen in its Teams collaboration software.</p><p>In an interview, Jon Friedman, a corporate vice president at Microsoft, demonstrated this capability. The Copilot generated bullet points summarizing questions that Reuters asked, including whether Microsoft can roll out the technology profitably.</p><p>Large language models require lots of computing power and costs to run.</p><p>Friedman said Microsoft will make the deployment work economically.</p><p>The Copilot summarized his answer thus, during the interview: &#34;Microsoft is working on lowering the cost and increasing the speed and fidelity of the models, but did not disclose the pricing or tiring of the copilot system.&#34; (It meant to say &#34;tiering.&#34;)</p><p>Fine-tuning the technology and ensuring that its answers are factual is why Microsoft is testing Copilot with some customers before a wider rollout, Friedman said. An &#34;amazing thing about large language models is they&#39;re very confident, and they get things wrong,&#34; Friedman added.</p><p>Friedman pointed to Microsoft&#39;s business chat experience as the biggest development on Thursday because it can handle tasks across applications. For instance, a user can ask, &#34;Tell my team how we updated the product strategy,&#34; and the AI will take cues from a morning&#39;s worth of emails, meetings and chat threads, Microsoft said.</p><p>Longer-term, Friedman said, the vision is a more personalized AI.</p><p>&#34;We often make people adapt to the machines and systems we have built,&#34; Friedman said. &#34;This is a thing that will start to adapt to you.&#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>Microsoft Unveils AI Office Copilot In Fast-Moving Race With Google</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\">\nMicrosoft Unveils AI Office Copilot In Fast-Moving Race With Google\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\">2023-03-17 08:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp </a> on Thursday trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings this week by its rival <a href=\"https://laohu8.com/S/GOOGL\">Google </a> with upgrades to its own widely used office software.</p><p>The technology company previewed a new AI &#34;Copilot&#34; for Microsoft 365, its product suite that includes Word documents, Excel spreadsheets, PowerPoint presentations and Outlook emails. First open to some 20 enterprises for testing, AI will offer a draft in these applications, speeding up content creation and freeing up workers&#39; time, Microsoft said.</p><p>The Redmond, Washington-based company, outpacing peers through investments in ChatGPT&#39;s creator OpenAI, also showcased a new &#34;business chat&#34; experience that can pull data and perform tasks across applications on a user&#39;s written command.</p><p>&#34;We believe this next generation of AI will unlock a new wave of productivity growth,&#34; Satya Nadella, Microsoft&#39;s chief executive, said in an online presentation.</p><p>Microsoft&#39;s share price rose about 4% on the news.</p><p>This week&#39;s drumbeat of developments including new funding for AI startup Adept reflects how companies large and small are locked in a fierce competition to deploy software that could reshape how people work.</p><p>At the center are Microsoft and Google-owner Alphabet Inc, which on Tuesday touted AI features for Gmail and a &#34;magic wand&#34; to draft prose in its own word processor. The capabilities that Microsoft and Google showcased are similar.</p><p>The frenzy to invest in and build new products began with last year&#39;s launch of ChatGPT, the chatbot sensation that showed the public the potential of so-called large language models.</p><p>Such technology learns from past data how to create content anew. It has evolved rapidly. Just this week, OpenAI began the release of a more-powerful version known as GPT-4. This partly underpins Microsoft&#39;s Copilot features, along with an older GPT-3.5 model, business and application data, Microsoft said.</p><p>The new capabilities - offered through Microsoft&#39;s cloud - are poised to attract business and turn around slowing revenue growth, RBC analyst Rishi Jaluria said.</p><p>The Copilot will &#34;drive more usage of Microsoft Office and increase the separation versus competitors,&#34; Jaluria said.</p><h3>TAKING NOTES FOR YOU</h3><p>One of the company&#39;s biggest updates on Thursday was in Excel.</p><p>Microsoft said AI can open up the computational wizardry of its spreadsheet software, long the domain of trained analysts, to any person able to describe a calculation they would like in plain text.</p><p>Similar to live notes that Google showed reporters this week, Microsoft said its Copilot can summarize virtual meetings as they happen in its Teams collaboration software.</p><p>In an interview, Jon Friedman, a corporate vice president at Microsoft, demonstrated this capability. The Copilot generated bullet points summarizing questions that Reuters asked, including whether Microsoft can roll out the technology profitably.</p><p>Large language models require lots of computing power and costs to run.</p><p>Friedman said Microsoft will make the deployment work economically.</p><p>The Copilot summarized his answer thus, during the interview: &#34;Microsoft is working on lowering the cost and increasing the speed and fidelity of the models, but did not disclose the pricing or tiring of the copilot system.&#34; (It meant to say &#34;tiering.&#34;)</p><p>Fine-tuning the technology and ensuring that its answers are factual is why Microsoft is testing Copilot with some customers before a wider rollout, Friedman said. An &#34;amazing thing about large language models is they&#39;re very confident, and they get things wrong,&#34; Friedman added.</p><p>Friedman pointed to Microsoft&#39;s business chat experience as the biggest development on Thursday because it can handle tasks across applications. For instance, a user can ask, &#34;Tell my team how we updated the product strategy,&#34; and the AI will take cues from a morning&#39;s worth of emails, meetings and chat threads, Microsoft said.</p><p>Longer-term, Friedman said, the vision is a more personalized AI.</p><p>&#34;We often make people adapt to the machines and systems we have built,&#34; Friedman said. &#34;This is a thing that will start to adapt to you.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","GOOGL":"谷歌A"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2320361770","content_text":"(Reuters) - Microsoft Corp  on Thursday trumpeted its latest plans to put artificial intelligence into the hands of more users, answering a spate of unveilings this week by its rival Google  with upgrades to its own widely used office software.The technology company previewed a new AI \"Copilot\" for Microsoft 365, its product suite that includes Word documents, Excel spreadsheets, PowerPoint presentations and Outlook emails. First open to some 20 enterprises for testing, AI will offer a draft in these applications, speeding up content creation and freeing up workers' time, Microsoft said.The Redmond, Washington-based company, outpacing peers through investments in ChatGPT's creator OpenAI, also showcased a new \"business chat\" experience that can pull data and perform tasks across applications on a user's written command.\"We believe this next generation of AI will unlock a new wave of productivity growth,\" Satya Nadella, Microsoft's chief executive, said in an online presentation.Microsoft's share price rose about 4% on the news.This week's drumbeat of developments including new funding for AI startup Adept reflects how companies large and small are locked in a fierce competition to deploy software that could reshape how people work.At the center are Microsoft and Google-owner Alphabet Inc, which on Tuesday touted AI features for Gmail and a \"magic wand\" to draft prose in its own word processor. The capabilities that Microsoft and Google showcased are similar.The frenzy to invest in and build new products began with last year's launch of ChatGPT, the chatbot sensation that showed the public the potential of so-called large language models.Such technology learns from past data how to create content anew. It has evolved rapidly. Just this week, OpenAI began the release of a more-powerful version known as GPT-4. This partly underpins Microsoft's Copilot features, along with an older GPT-3.5 model, business and application data, Microsoft said.The new capabilities - offered through Microsoft's cloud - are poised to attract business and turn around slowing revenue growth, RBC analyst Rishi Jaluria said.The Copilot will \"drive more usage of Microsoft Office and increase the separation versus competitors,\" Jaluria said.TAKING NOTES FOR YOUOne of the company's biggest updates on Thursday was in Excel.Microsoft said AI can open up the computational wizardry of its spreadsheet software, long the domain of trained analysts, to any person able to describe a calculation they would like in plain text.Similar to live notes that Google showed reporters this week, Microsoft said its Copilot can summarize virtual meetings as they happen in its Teams collaboration software.In an interview, Jon Friedman, a corporate vice president at Microsoft, demonstrated this capability. The Copilot generated bullet points summarizing questions that Reuters asked, including whether Microsoft can roll out the technology profitably.Large language models require lots of computing power and costs to run.Friedman said Microsoft will make the deployment work economically.The Copilot summarized his answer thus, during the interview: \"Microsoft is working on lowering the cost and increasing the speed and fidelity of the models, but did not disclose the pricing or tiring of the copilot system.\" (It meant to say \"tiering.\")Fine-tuning the technology and ensuring that its answers are factual is why Microsoft is testing Copilot with some customers before a wider rollout, Friedman said. An \"amazing thing about large language models is they're very confident, and they get things wrong,\" Friedman added.Friedman pointed to Microsoft's business chat experience as the biggest development on Thursday because it can handle tasks across applications. For instance, a user can ask, \"Tell my team how we updated the product strategy,\" and the AI will take cues from a morning's worth of emails, meetings and chat threads, Microsoft said.Longer-term, Friedman said, the vision is a more personalized AI.\"We often make people adapt to the machines and systems we have built,\" Friedman said. \"This is a thing that will start to adapt to you.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949755854,"gmtCreate":1678924163379,"gmtModify":1678924167084,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9949755854","repostId":"2319001878","repostType":4,"repost":{"id":"2319001878","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":1678920976,"share":"https://www.laohu8.com/m/news/2319001878?lang=&edition=full","pubTime":"2023-03-16 06:56","market":"us","language":"en","title":"US Stocks-Wall Street Down As Credit Suisse Sparks Fresh Bank Selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=2319001878","media":"Reuters","summary":"(Reuters) - U.S. stocks pared losses late on Wednesday but the Dow and S&P 500 still closed lower, a","content":"<html><head></head><body><p>(Reuters) - U.S. stocks pared losses late on Wednesday but the Dow and S&amp;P 500 still closed lower, as problems at Credit Suisse revived fears of a banking crisis, eclipsing bets on a smaller U.S. rate hike this month.</p><p>Benchmark indexes regained some ground in late trade after Bloomberg reported the Swiss government was holding talks on options to stabilize the country&#39;s banking giant. The Nasdaq composite closed with slight gains.</p><p>&#34;We are seeing movement on the headlines but not severe headlines which is good. ... I don’t think we are at 2008-2009 stages by any means when it comes to the contagion stuff,&#34; said Themis Trading co-manager of trading, Joe Saluzzi.</p><p>Still, Credit Suisse troubles piled more pressure on the banking sector after U.S. authorities relieved investors with emergency measures to prevent contagion after the collapse of SVB Financial and <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>.</p><p><img src=\"https://static.tigerbbs.com/e95ca25346ef690c8b2725f26d6e0058\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Some investors believe aggressive U.S. interest rate hikes by the Federal Reserve caused cracks in the financial system.</p><p>&#34;They&#39;ve tightened at the steepest, most dramatic rate that we&#39;ve seen since 1980 and so I think this could be the opportunity for them to pause,&#34; said Cresset Capital CIO, Jack Ablin.</p><p>U.S.-listed shares of Credit Suisse hit a record low, after its largest investor said it could not provide more financing to the bank, starting a rout in European lenders and pressuring U.S. banks as well.</p><p>The selloff put an early end to Wall Street&#39;s lukewarm rebound in yesterday&#39;s session.</p><p>“The bounce back yesterday in financial stocks, the banks, made sense, but sort of an overriding factor here is a loss of confidence and it’s really fear of the unknown,&#34; said Adams Funds CEO and senior portfolio manager Mark Stoeckle.</p><p>Data showed U.S. retail sales fell 0.4% last month after 3.2% growth in January. Economists polled by Reuters had expected a contraction of 0.3%.</p><p>A separate report showed U.S. producer prices unexpectedly fell in February, a day after another reading showed moderation in consumer inflation. This fueled investor hopes the Fed might slow its rate hikes.</p><p>U.S. Treasury yields fell, with traders now expecting equal chances of a 25-basis-point rate hike and a pause at the Fed&#39;s March meeting.</p><p>The Dow Jones Industrial Average fell 280.83 points, or 0.87%, to 31,874.57, the S&amp;P 500 lost 27.36 points, or 0.70%, to 3,891.93 and the Nasdaq Composite added 5.90 points, or 0.05%, to 11,434.05.</p><p>$First Republic Bank(FRC-N)$ tumbled 21.37% while <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> PACW.O slid 12.87%, and trading was halted several times for volatility, a day after shares of the battered banks staged a strong recovery.</p><p>Shares of Western Alliance Bancorp and bank and brokerage Charles Schwab Corp bucked the trend to close up 8.3% and 5%, respectively. Both stocks reversed early declines.</p><p>&#34;In the financial markets, you just have to look at the ones that could weather through and don&#39;t have as much investment risk on their on their portfolio,&#34; said Jeffrey Carbone, managing partner at Cornerstone Wealth.</p><p>Big U.S. banks including JPMorgan Chase &amp; Co, Citigroup and Bank of America Corp dropped, pushing the S&amp;P 500 banking index down 3.62%. The KBW regional banking index declined 1.57%.</p><p>Most of the 11 major S&amp;P 500 sectors were in the red, with energy the worst performer with a 5.42% fall.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.34-to-1 ratio; on Nasdaq, a 2.33-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 3 new 52-week highs and 37 new lows; the Nasdaq Composite recorded 17 new highs and 379 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 Down As Credit Suisse Sparks Fresh Bank Selloff</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 Down As Credit Suisse Sparks Fresh Bank Selloff\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\">2023-03-16 06:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - U.S. stocks pared losses late on Wednesday but the Dow and S&amp;P 500 still closed lower, as problems at Credit Suisse revived fears of a banking crisis, eclipsing bets on a smaller U.S. rate hike this month.</p><p>Benchmark indexes regained some ground in late trade after Bloomberg reported the Swiss government was holding talks on options to stabilize the country&#39;s banking giant. The Nasdaq composite closed with slight gains.</p><p>&#34;We are seeing movement on the headlines but not severe headlines which is good. ... I don’t think we are at 2008-2009 stages by any means when it comes to the contagion stuff,&#34; said Themis Trading co-manager of trading, Joe Saluzzi.</p><p>Still, Credit Suisse troubles piled more pressure on the banking sector after U.S. authorities relieved investors with emergency measures to prevent contagion after the collapse of SVB Financial and <a href=\"https://laohu8.com/S/SBNY\">Signature Bank</a>.</p><p><img src=\"https://static.tigerbbs.com/e95ca25346ef690c8b2725f26d6e0058\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Some investors believe aggressive U.S. interest rate hikes by the Federal Reserve caused cracks in the financial system.</p><p>&#34;They&#39;ve tightened at the steepest, most dramatic rate that we&#39;ve seen since 1980 and so I think this could be the opportunity for them to pause,&#34; said Cresset Capital CIO, Jack Ablin.</p><p>U.S.-listed shares of Credit Suisse hit a record low, after its largest investor said it could not provide more financing to the bank, starting a rout in European lenders and pressuring U.S. banks as well.</p><p>The selloff put an early end to Wall Street&#39;s lukewarm rebound in yesterday&#39;s session.</p><p>“The bounce back yesterday in financial stocks, the banks, made sense, but sort of an overriding factor here is a loss of confidence and it’s really fear of the unknown,&#34; said Adams Funds CEO and senior portfolio manager Mark Stoeckle.</p><p>Data showed U.S. retail sales fell 0.4% last month after 3.2% growth in January. Economists polled by Reuters had expected a contraction of 0.3%.</p><p>A separate report showed U.S. producer prices unexpectedly fell in February, a day after another reading showed moderation in consumer inflation. This fueled investor hopes the Fed might slow its rate hikes.</p><p>U.S. Treasury yields fell, with traders now expecting equal chances of a 25-basis-point rate hike and a pause at the Fed&#39;s March meeting.</p><p>The Dow Jones Industrial Average fell 280.83 points, or 0.87%, to 31,874.57, the S&amp;P 500 lost 27.36 points, or 0.70%, to 3,891.93 and the Nasdaq Composite added 5.90 points, or 0.05%, to 11,434.05.</p><p>$First Republic Bank(FRC-N)$ tumbled 21.37% while <a href=\"https://laohu8.com/S/PACW\">PacWest Bancorp</a> PACW.O slid 12.87%, and trading was halted several times for volatility, a day after shares of the battered banks staged a strong recovery.</p><p>Shares of Western Alliance Bancorp and bank and brokerage Charles Schwab Corp bucked the trend to close up 8.3% and 5%, respectively. Both stocks reversed early declines.</p><p>&#34;In the financial markets, you just have to look at the ones that could weather through and don&#39;t have as much investment risk on their on their portfolio,&#34; said Jeffrey Carbone, managing partner at Cornerstone Wealth.</p><p>Big U.S. banks including JPMorgan Chase &amp; Co, Citigroup and Bank of America Corp dropped, pushing the S&amp;P 500 banking index down 3.62%. The KBW regional banking index declined 1.57%.</p><p>Most of the 11 major S&amp;P 500 sectors were in the red, with energy the worst performer with a 5.42% fall.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.34-to-1 ratio; on Nasdaq, a 2.33-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 3 new 52-week highs and 37 new lows; the Nasdaq Composite recorded 17 new highs and 379 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"纳斯达克",".DJI":"道琼斯",".SPX":"标普500"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319001878","content_text":"(Reuters) - U.S. stocks pared losses late on Wednesday but the Dow and S&P 500 still closed lower, as problems at Credit Suisse revived fears of a banking crisis, eclipsing bets on a smaller U.S. rate hike this month.Benchmark indexes regained some ground in late trade after Bloomberg reported the Swiss government was holding talks on options to stabilize the country's banking giant. The Nasdaq composite closed with slight gains.\"We are seeing movement on the headlines but not severe headlines which is good. ... I don’t think we are at 2008-2009 stages by any means when it comes to the contagion stuff,\" said Themis Trading co-manager of trading, Joe Saluzzi.Still, Credit Suisse troubles piled more pressure on the banking sector after U.S. authorities relieved investors with emergency measures to prevent contagion after the collapse of SVB Financial and Signature Bank.Some investors believe aggressive U.S. interest rate hikes by the Federal Reserve caused cracks in the financial system.\"They've tightened at the steepest, most dramatic rate that we've seen since 1980 and so I think this could be the opportunity for them to pause,\" said Cresset Capital CIO, Jack Ablin.U.S.-listed shares of Credit Suisse hit a record low, after its largest investor said it could not provide more financing to the bank, starting a rout in European lenders and pressuring U.S. banks as well.The selloff put an early end to Wall Street's lukewarm rebound in yesterday's session.“The bounce back yesterday in financial stocks, the banks, made sense, but sort of an overriding factor here is a loss of confidence and it’s really fear of the unknown,\" said Adams Funds CEO and senior portfolio manager Mark Stoeckle.Data showed U.S. retail sales fell 0.4% last month after 3.2% growth in January. Economists polled by Reuters had expected a contraction of 0.3%.A separate report showed U.S. producer prices unexpectedly fell in February, a day after another reading showed moderation in consumer inflation. This fueled investor hopes the Fed might slow its rate hikes.U.S. Treasury yields fell, with traders now expecting equal chances of a 25-basis-point rate hike and a pause at the Fed's March meeting.The Dow Jones Industrial Average fell 280.83 points, or 0.87%, to 31,874.57, the S&P 500 lost 27.36 points, or 0.70%, to 3,891.93 and the Nasdaq Composite added 5.90 points, or 0.05%, to 11,434.05.$First Republic Bank(FRC-N)$ tumbled 21.37% while PacWest Bancorp PACW.O slid 12.87%, and trading was halted several times for volatility, a day after shares of the battered banks staged a strong recovery.Shares of Western Alliance Bancorp and bank and brokerage Charles Schwab Corp bucked the trend to close up 8.3% and 5%, respectively. Both stocks reversed early declines.\"In the financial markets, you just have to look at the ones that could weather through and don't have as much investment risk on their on their portfolio,\" said Jeffrey Carbone, managing partner at Cornerstone Wealth.Big U.S. banks including JPMorgan Chase & Co, Citigroup and Bank of America Corp dropped, pushing the S&P 500 banking index down 3.62%. The KBW regional banking index declined 1.57%.Most of the 11 major S&P 500 sectors were in the red, with energy the worst performer with a 5.42% fall.Declining issues outnumbered advancing ones on the NYSE by a 3.34-to-1 ratio; on Nasdaq, a 2.33-to-1 ratio favored decliners.The S&P 500 posted 3 new 52-week highs and 37 new lows; the Nasdaq Composite recorded 17 new highs and 379 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949755120,"gmtCreate":1678924098261,"gmtModify":1678924102105,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":26,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/m/post/9949755120","repostId":"1178433847","repostType":4,"repost":{"id":"1178433847","pubTimestamp":1678922002,"share":"https://www.laohu8.com/m/news/1178433847?lang=&edition=full","pubTime":"2023-03-16 07:13","market":"us","language":"en","title":"Credit Suisse Is In Crisis. What Went Wrong?","url":"https://stock-news.laohu8.com/highlight/detail?id=1178433847","media":"Bloomberg","summary":"Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discreti","content":"<html><head></head><body><p>Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at Credit Suisse Group AG more striking and hard to comprehend. In mid-March, unease about the bank’s mounting problems snowballed and its shares slumped, forcing management to appeal to Swiss banking authorities for a public vote of confidence.</p><h3>1. What went wrong?</h3><p>Credit Suisse’s failings have included a criminal conviction for allowing drug dealers to launder money in Bulgaria, entanglement in a Mozambique corruption case, a spying scandal involving a former employee and an executive and a massive leak of client data to the media. Its association with disgraced financier Lex Greensill and failed New York-based investment firm Archegos Capital Management compounded the sense of an institution that didn’t have a firm grip on its affairs. Many fed up clients have voted with their feet, leading to unprecedented client outflows in late 2022.</p><h3><img src=\"https://static.tigerbbs.com/737c0d8e279f497c6082a3207a7417a8\" tg-width=\"718\" tg-height=\"426\" width=\"100%\" height=\"auto\"/>2. What triggered the latest share slump?</h3><p>Chief Executive Officer Ulrich Koerner launched a massive outreach to woo back nervous clients and their cash. The effort appeared to be paying off by January, with it reported “net positive” deposits. However, on March 9, the US Securities and Exchange Commission queried the bank’s annual report, forcing it to delay its publication. Panic spread after regional US lender Silicon Valley Bank failed, the victim in part of risky investments and rising global interest rates that eroded the value of its bond holdings. Investors began ditching anything that smelled of banking risk and deposit flight.</p><h3>3. How bad did the situation get?</h3><p>On March 15, Credit Suisse stock slumped anew when the chairman of its largest shareholder, Saudi National Bank, ruled out investing any more in the company. This prompted Credit Suisse to ask the Swiss central bank for a public statement of support. The cost of insuring the bank’s bonds against default for one year surged to levels not seen for major international banks since the financial crisis of 2008. As other banks sought to hedge their counterparty risk for transactions with Credit Suisse, quoted prices for a one-year credit default swap jumped from 836 basis points, indicating a probability of defaulting of 10%, on March 14 to higher than 3,000 basis points. Few actual trades were executed, however, as liquidity in the market dried up. In another sign of stress, Credit Suisse’s additional tier 1 bonds — which are subordinate to all other ranks of debt and may be written down if capital falls below a predetermined level — were trading below 80% of face value, a level typically signaling distress. Even bonds coming due in April traded at prices well below face value.</p><h3>4. Is this another Lehman Brothers moment?</h3><p>The Wall Street giant, whose failure in 2008 triggered the global financial crisis, succumbed when funding dried up and other banks stopped dealing with it. Unlike Lehman and SVB, Credit Suisse has substantial liquid assets to call upon and access to central bank lending facilities and is less sensitive than many rivals to sharp moves in interest rates. It has rebuilt its cushion against more deposit withdrawals since the worst wave of outflows in October. It also has enough money-like liquid assets to pay back half of all its liabilities in deposits and loans from other banks, according to Bloomberg Opinion banking columnist Paul J. Davies. Koerner said the firm’s liquidity coverage ratio showed it can handle over a month of heavy outflows in a period of stress.</p><h3>5. What else is Koerner doing to turn things around?</h3><p>His three-year recovery plan involves 9,000 job cuts, dismantling the investment banking behemoth assembled over five decades and returning Credit Suisse to its origins as banker to the world’s ultra-wealthy. That means spinning off First Boston, an American investment bank it acquired in 1990 with a view to listing it in 2025, and selling parts of its securitized products unit to Apollo Global Management Inc. That process is now at risk of becoming bogged down in a broader financial-sector selloff following the collapse of SVB and two other US banks.</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>Credit Suisse Is In Crisis. What Went Wrong?</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\">\nCredit Suisse Is In Crisis. What Went Wrong?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-16 07:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CS":"瑞士信贷"},"source_url":"https://www.bloomberg.com/news/articles/2023-03-15/credit-suisse-what-s-going-on-and-why-is-cs-stock-falling","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178433847","content_text":"Switzerland’s role as banker to the world’s rich is built on a reputation for institutional discretion and dull reliability. That only makes the scandals, public legal battles and mounting losses at Credit Suisse Group AG more striking and hard to comprehend. In mid-March, unease about the bank’s mounting problems snowballed and its shares slumped, forcing management to appeal to Swiss banking authorities for a public vote of confidence.1. What went wrong?Credit Suisse’s failings have included a criminal conviction for allowing drug dealers to launder money in Bulgaria, entanglement in a Mozambique corruption case, a spying scandal involving a former employee and an executive and a massive leak of client data to the media. Its association with disgraced financier Lex Greensill and failed New York-based investment firm Archegos Capital Management compounded the sense of an institution that didn’t have a firm grip on its affairs. Many fed up clients have voted with their feet, leading to unprecedented client outflows in late 2022.2. What triggered the latest share slump?Chief Executive Officer Ulrich Koerner launched a massive outreach to woo back nervous clients and their cash. The effort appeared to be paying off by January, with it reported “net positive” deposits. However, on March 9, the US Securities and Exchange Commission queried the bank’s annual report, forcing it to delay its publication. Panic spread after regional US lender Silicon Valley Bank failed, the victim in part of risky investments and rising global interest rates that eroded the value of its bond holdings. Investors began ditching anything that smelled of banking risk and deposit flight.3. How bad did the situation get?On March 15, Credit Suisse stock slumped anew when the chairman of its largest shareholder, Saudi National Bank, ruled out investing any more in the company. This prompted Credit Suisse to ask the Swiss central bank for a public statement of support. The cost of insuring the bank’s bonds against default for one year surged to levels not seen for major international banks since the financial crisis of 2008. As other banks sought to hedge their counterparty risk for transactions with Credit Suisse, quoted prices for a one-year credit default swap jumped from 836 basis points, indicating a probability of defaulting of 10%, on March 14 to higher than 3,000 basis points. Few actual trades were executed, however, as liquidity in the market dried up. In another sign of stress, Credit Suisse’s additional tier 1 bonds — which are subordinate to all other ranks of debt and may be written down if capital falls below a predetermined level — were trading below 80% of face value, a level typically signaling distress. Even bonds coming due in April traded at prices well below face value.4. Is this another Lehman Brothers moment?The Wall Street giant, whose failure in 2008 triggered the global financial crisis, succumbed when funding dried up and other banks stopped dealing with it. Unlike Lehman and SVB, Credit Suisse has substantial liquid assets to call upon and access to central bank lending facilities and is less sensitive than many rivals to sharp moves in interest rates. It has rebuilt its cushion against more deposit withdrawals since the worst wave of outflows in October. It also has enough money-like liquid assets to pay back half of all its liabilities in deposits and loans from other banks, according to Bloomberg Opinion banking columnist Paul J. Davies. Koerner said the firm’s liquidity coverage ratio showed it can handle over a month of heavy outflows in a period of stress.5. What else is Koerner doing to turn things around?His three-year recovery plan involves 9,000 job cuts, dismantling the investment banking behemoth assembled over five decades and returning Credit Suisse to its origins as banker to the world’s ultra-wealthy. That means spinning off First Boston, an American investment bank it acquired in 1990 with a view to listing it in 2025, and selling parts of its securitized products unit to Apollo Global Management Inc. That process is now at risk of becoming bogged down in a broader financial-sector selloff following the collapse of SVB and two other US banks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949755026,"gmtCreate":1678923940466,"gmtModify":1678923944197,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9949755026","repostId":"2319820389","repostType":4,"repost":{"id":"2319820389","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":1678922336,"share":"https://www.laohu8.com/m/news/2319820389?lang=&edition=full","pubTime":"2023-03-16 07:18","market":"fut","language":"en","title":"U.S. Oil Closes Below $70 A Barrel For First Time Since 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2319820389","media":"Dow Jones","summary":"Trouble in the banking sector amplified fears that aggressive monetary tightening by the Federal Res","content":"<html><head></head><body><p>Trouble in the banking sector amplified fears that aggressive monetary tightening by the Federal Reserve and other central banks has set the stage for a sharp economic downturn.</p><p>Swiss banking giant Credit Suisse on Wednesday saw its shares fall to a record low, pressuring the European banking sector and financial markets days after two lenders collapsed in the U.S.</p><p>Oil failed to bounce alongside a modest rebound for equities on Monday, and extended losses as U.S. stocks fell sharply on renewed bank fears Tuesday, with the Dow Jones Industrial Average  down 438 points, or 1.4%, and the S&amp;P 500  down 1.2%.</p><p>&#34;Oil is getting destroyed, with big macro looking straight into the U.S. recession vortex and energy traders drawing straight-line parallels to prior bank sector-driven recessions, especially the 2008 financial crisis, which has similar overtones to the current financial tumult and when oil tanked,&#34; said Stephen Innes, managing director of SPI Asset Management, in a note.</p><p>Innes said the lack of a &#34;slingshot recovery&#34; in China economic data following the country&#39;s lifting of strict COVID levels and mounting worries over Credit Suisse &#34;has opened the trap door for the oil market today and could be the nail in the coffin for the oil market rebound in Q1.&#34;</p><p>The Energy Information Administration on Wednesday said U.S. crude inventories rose 1.6 million barrels last week. At 480.1 million barrels, U.S. crude oil inventories are about 7% above the five year average for this time of year, EIA said. Total motor gasoline inventories decreased by 2.1 million barrels, while distillate stocks declined 2.5 million barrels.</p><p>Analysts surveyed by The Wall Street Journal, on average, had looked for crude inventories to show a fall of 100,000 barrels, while gasoline stocks were seen down 1.2 million barrels and distillates down 600,000 barrels.</p><p>The American Petroleum Institute, an industry trade group, late Tuesday reported a 1.2 million barrel rise in U.S. crude inventories last week, according to a source citing the data, while gasoline inventories fell 4.6 million barrels and distillate stocks declined 2.9 million barrels.</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>U.S. Oil Closes Below $70 A Barrel For First Time Since 2021</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\">\nU.S. Oil Closes Below $70 A Barrel For First Time Since 2021\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\">2023-03-16 07:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Trouble in the banking sector amplified fears that aggressive monetary tightening by the Federal Reserve and other central banks has set the stage for a sharp economic downturn.</p><p>Swiss banking giant Credit Suisse on Wednesday saw its shares fall to a record low, pressuring the European banking sector and financial markets days after two lenders collapsed in the U.S.</p><p>Oil failed to bounce alongside a modest rebound for equities on Monday, and extended losses as U.S. stocks fell sharply on renewed bank fears Tuesday, with the Dow Jones Industrial Average  down 438 points, or 1.4%, and the S&amp;P 500  down 1.2%.</p><p>&#34;Oil is getting destroyed, with big macro looking straight into the U.S. recession vortex and energy traders drawing straight-line parallels to prior bank sector-driven recessions, especially the 2008 financial crisis, which has similar overtones to the current financial tumult and when oil tanked,&#34; said Stephen Innes, managing director of SPI Asset Management, in a note.</p><p>Innes said the lack of a &#34;slingshot recovery&#34; in China economic data following the country&#39;s lifting of strict COVID levels and mounting worries over Credit Suisse &#34;has opened the trap door for the oil market today and could be the nail in the coffin for the oil market rebound in Q1.&#34;</p><p>The Energy Information Administration on Wednesday said U.S. crude inventories rose 1.6 million barrels last week. At 480.1 million barrels, U.S. crude oil inventories are about 7% above the five year average for this time of year, EIA said. Total motor gasoline inventories decreased by 2.1 million barrels, while distillate stocks declined 2.5 million barrels.</p><p>Analysts surveyed by The Wall Street Journal, on average, had looked for crude inventories to show a fall of 100,000 barrels, while gasoline stocks were seen down 1.2 million barrels and distillates down 600,000 barrels.</p><p>The American Petroleum Institute, an industry trade group, late Tuesday reported a 1.2 million barrel rise in U.S. crude inventories last week, according to a source citing the data, while gasoline inventories fell 4.6 million barrels and distillate stocks declined 2.9 million barrels.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2319820389","content_text":"Trouble in the banking sector amplified fears that aggressive monetary tightening by the Federal Reserve and other central banks has set the stage for a sharp economic downturn.Swiss banking giant Credit Suisse on Wednesday saw its shares fall to a record low, pressuring the European banking sector and financial markets days after two lenders collapsed in the U.S.Oil failed to bounce alongside a modest rebound for equities on Monday, and extended losses as U.S. stocks fell sharply on renewed bank fears Tuesday, with the Dow Jones Industrial Average  down 438 points, or 1.4%, and the S&P 500  down 1.2%.\"Oil is getting destroyed, with big macro looking straight into the U.S. recession vortex and energy traders drawing straight-line parallels to prior bank sector-driven recessions, especially the 2008 financial crisis, which has similar overtones to the current financial tumult and when oil tanked,\" said Stephen Innes, managing director of SPI Asset Management, in a note.Innes said the lack of a \"slingshot recovery\" in China economic data following the country's lifting of strict COVID levels and mounting worries over Credit Suisse \"has opened the trap door for the oil market today and could be the nail in the coffin for the oil market rebound in Q1.\"The Energy Information Administration on Wednesday said U.S. crude inventories rose 1.6 million barrels last week. At 480.1 million barrels, U.S. crude oil inventories are about 7% above the five year average for this time of year, EIA said. Total motor gasoline inventories decreased by 2.1 million barrels, while distillate stocks declined 2.5 million barrels.Analysts surveyed by The Wall Street Journal, on average, had looked for crude inventories to show a fall of 100,000 barrels, while gasoline stocks were seen down 1.2 million barrels and distillates down 600,000 barrels.The American Petroleum Institute, an industry trade group, late Tuesday reported a 1.2 million barrel rise in U.S. crude inventories last week, according to a source citing the data, while gasoline inventories fell 4.6 million barrels and distillate stocks declined 2.9 million barrels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":13,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949752706,"gmtCreate":1678923786606,"gmtModify":1678923788389,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/m/post/9949752706","repostId":"1109830514","repostType":2,"repost":{"id":"1109830514","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1678922968,"share":"https://www.laohu8.com/m/news/1109830514?lang=&edition=full","pubTime":"2023-03-16 07:29","market":"us","language":"en","title":"These Stocks Are Moving the Most Today: Credit Suisse, First Republic, Citigroup, Goldman, and More","url":"https://stock-news.laohu8.com/highlight/detail?id=1109830514","media":"Dow Jones","summary":"Stocks finished mixed Wednesday on renewed worries about the banking sector.These stocks made moves ","content":"<html><head></head><body><p>Stocks finished mixed Wednesday on renewed worries about the banking sector.</p><p>These stocks made moves Wednesday:</p><p>American depositary receipts of Credit Suisse (ticker: CS) sank 14% after the Swiss bank’s biggest shareholder, Saudi National Bank, said it wouldn’t inject any more money into the bank. Later in the day, Swiss National Bank said it would step in to help Credit Suisse if it becomes necessary to do so.</p><p>The stock fell Tuesday after the bank released a delayed annual report that described weaknesses in the firm’s financial controls.</p><p>First Republic Bank (FRC) fell 21% after soaring nearly 27% on Tuesday. Shares of the bank were downgraded to junk status by S&amp;P Global Ratings. Western Alliance Bancorp (WAL) rose 8.5% after gaining 14.4% in the previous session. Zions Bancorp (ZION) was down 1.9%, Comerica (CMA) rose 3.1%, and KeyCorp (KEY) fell 3.5% as investors digested the news on Credit Suisse.</p><p>The stocks of regional banks had rebounded Tuesday following sharp losses after the collapses of Silicon Valley Bank, Signature Bank, and Silvergate Capital.</p><p>The biggest U.S. banks also traded lower. Shares of Citigroup (C) slid 5.4%, Goldman Sachs (GS) fell 3%, Wells Fargo (WFC) dropped 3.2%, and JPMorgan Chase (JPM) declined 4.7%.</p><p>Vacasa (VCSA) tumbled 25% after the vacation-rental company posted a fourth-quarter loss wider than a year earlier and issued disappointing revenue guidance.</p><p>Smartsheet (SMAR), the software-as-a-service company, reported adjusted earnings of 7 cents a share in its fourth quarter, a reversal from a year-earlier loss of 12 cents. The company issued conservative guidance for the fiscal first quarter and year. “Our guidance reflects the expectations of a worsening macroeconomic environment,” said Pete Godbole, chief financial officer, on the company’s conference call. The stock jumped 18%.</p><p>Steel Dynamics (STLD) declined 13%. The steel maker and metals recycler said it expects first-quarter earnings of $3.47 a share to $3.51 a share, down from $5.71 a year earlier. Adjusted earnings in the first quarter were forecast at $3.78 to $3.82 a share.</p><p>Cybersecurity company SentinelOne (S) rose 7.3% after saying it expects fiscal first-quarter revenue of $137 million, higher than year-earlier revenue of $78.3 million.</p><p>Clothing brand and retailer Guess? (GES) said it expects an adjusted loss in the fiscal first quarter of 25 cents to 31 cents a share. A year earlier the company reported adjusted profit of 24 cents. The stock fell 5.2%.</p><p>Meta Platforms (META) was up 1.9% after jumping 7.3% following the announcement that the parent company of Facebook and Instagram would be cutting another 10,000 jobs. On Wednesday, Oppenheimer raised the price target on the stock to $260 from $235, and Citi boosted its target price to $260 from $228.</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>These Stocks Are Moving the Most Today: Credit Suisse, First Republic, Citigroup, Goldman, 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\">\nThese Stocks Are Moving the Most Today: Credit Suisse, First Republic, Citigroup, Goldman, and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2023-03-16 07:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks finished mixed Wednesday on renewed worries about the banking sector.</p><p>These stocks made moves Wednesday:</p><p>American depositary receipts of Credit Suisse (ticker: CS) sank 14% after the Swiss bank’s biggest shareholder, Saudi National Bank, said it wouldn’t inject any more money into the bank. Later in the day, Swiss National Bank said it would step in to help Credit Suisse if it becomes necessary to do so.</p><p>The stock fell Tuesday after the bank released a delayed annual report that described weaknesses in the firm’s financial controls.</p><p>First Republic Bank (FRC) fell 21% after soaring nearly 27% on Tuesday. Shares of the bank were downgraded to junk status by S&amp;P Global Ratings. Western Alliance Bancorp (WAL) rose 8.5% after gaining 14.4% in the previous session. Zions Bancorp (ZION) was down 1.9%, Comerica (CMA) rose 3.1%, and KeyCorp (KEY) fell 3.5% as investors digested the news on Credit Suisse.</p><p>The stocks of regional banks had rebounded Tuesday following sharp losses after the collapses of Silicon Valley Bank, Signature Bank, and Silvergate Capital.</p><p>The biggest U.S. banks also traded lower. Shares of Citigroup (C) slid 5.4%, Goldman Sachs (GS) fell 3%, Wells Fargo (WFC) dropped 3.2%, and JPMorgan Chase (JPM) declined 4.7%.</p><p>Vacasa (VCSA) tumbled 25% after the vacation-rental company posted a fourth-quarter loss wider than a year earlier and issued disappointing revenue guidance.</p><p>Smartsheet (SMAR), the software-as-a-service company, reported adjusted earnings of 7 cents a share in its fourth quarter, a reversal from a year-earlier loss of 12 cents. The company issued conservative guidance for the fiscal first quarter and year. “Our guidance reflects the expectations of a worsening macroeconomic environment,” said Pete Godbole, chief financial officer, on the company’s conference call. The stock jumped 18%.</p><p>Steel Dynamics (STLD) declined 13%. The steel maker and metals recycler said it expects first-quarter earnings of $3.47 a share to $3.51 a share, down from $5.71 a year earlier. Adjusted earnings in the first quarter were forecast at $3.78 to $3.82 a share.</p><p>Cybersecurity company SentinelOne (S) rose 7.3% after saying it expects fiscal first-quarter revenue of $137 million, higher than year-earlier revenue of $78.3 million.</p><p>Clothing brand and retailer Guess? (GES) said it expects an adjusted loss in the fiscal first quarter of 25 cents to 31 cents a share. A year earlier the company reported adjusted profit of 24 cents. The stock fell 5.2%.</p><p>Meta Platforms (META) was up 1.9% after jumping 7.3% following the announcement that the parent company of Facebook and Instagram would be cutting another 10,000 jobs. On Wednesday, Oppenheimer raised the price target on the stock to $260 from $235, and Citi boosted its target price to $260 from $228.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗","CS":"瑞士信贷"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109830514","content_text":"Stocks finished mixed Wednesday on renewed worries about the banking sector.These stocks made moves Wednesday:American depositary receipts of Credit Suisse (ticker: CS) sank 14% after the Swiss bank’s biggest shareholder, Saudi National Bank, said it wouldn’t inject any more money into the bank. Later in the day, Swiss National Bank said it would step in to help Credit Suisse if it becomes necessary to do so.The stock fell Tuesday after the bank released a delayed annual report that described weaknesses in the firm’s financial controls.First Republic Bank (FRC) fell 21% after soaring nearly 27% on Tuesday. Shares of the bank were downgraded to junk status by S&P Global Ratings. Western Alliance Bancorp (WAL) rose 8.5% after gaining 14.4% in the previous session. Zions Bancorp (ZION) was down 1.9%, Comerica (CMA) rose 3.1%, and KeyCorp (KEY) fell 3.5% as investors digested the news on Credit Suisse.The stocks of regional banks had rebounded Tuesday following sharp losses after the collapses of Silicon Valley Bank, Signature Bank, and Silvergate Capital.The biggest U.S. banks also traded lower. Shares of Citigroup (C) slid 5.4%, Goldman Sachs (GS) fell 3%, Wells Fargo (WFC) dropped 3.2%, and JPMorgan Chase (JPM) declined 4.7%.Vacasa (VCSA) tumbled 25% after the vacation-rental company posted a fourth-quarter loss wider than a year earlier and issued disappointing revenue guidance.Smartsheet (SMAR), the software-as-a-service company, reported adjusted earnings of 7 cents a share in its fourth quarter, a reversal from a year-earlier loss of 12 cents. The company issued conservative guidance for the fiscal first quarter and year. “Our guidance reflects the expectations of a worsening macroeconomic environment,” said Pete Godbole, chief financial officer, on the company’s conference call. The stock jumped 18%.Steel Dynamics (STLD) declined 13%. The steel maker and metals recycler said it expects first-quarter earnings of $3.47 a share to $3.51 a share, down from $5.71 a year earlier. Adjusted earnings in the first quarter were forecast at $3.78 to $3.82 a share.Cybersecurity company SentinelOne (S) rose 7.3% after saying it expects fiscal first-quarter revenue of $137 million, higher than year-earlier revenue of $78.3 million.Clothing brand and retailer Guess? (GES) said it expects an adjusted loss in the fiscal first quarter of 25 cents to 31 cents a share. A year earlier the company reported adjusted profit of 24 cents. The stock fell 5.2%.Meta Platforms (META) was up 1.9% after jumping 7.3% following the announcement that the parent company of Facebook and Instagram would be cutting another 10,000 jobs. On Wednesday, Oppenheimer raised the price target on the stock to $260 from $235, and Citi boosted its target price to $260 from $228.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949429254,"gmtCreate":1678839303479,"gmtModify":1678839307566,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9949429254","repostId":"1152471895","repostType":4,"repost":{"id":"1152471895","pubTimestamp":1678838366,"share":"https://www.laohu8.com/m/news/1152471895?lang=&edition=full","pubTime":"2023-03-15 07:59","market":"sg","language":"en","title":"Singapore Shares May Stop The Bleeding On Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1152471895","media":"RTTNews","summary":"The Singapore stock market has tracked lower in five consecutive trading days, slumping more than 11","content":"<html><head></head><body><p>The Singapore stock market has tracked lower in five consecutive trading days, slumping more than 115 points or 3.5 percent along the way. The Straits Times Index now rests just beneath the 3,130-point plateau although it may finally find traction on Wednesday.</p><p>The global forecast for the Asian markets is positive on bargain hunting and encouraging inflation data. The European and U.S. markets were sharply higher and the Asian bourses figure to follow that lead.</p><p>The STI finished barely lower on Tuesday following losses from the banks, gains from the REITs and mixed performances from the properties and industrials.</p><p>For the day, the index eased 2.62 points or 0.08 percent to finish at 3,129.75 after trading between 3,094.28 and 3,139.27.</p><p>Among the actives, Ascendas REIT spiked 2.61 percent, while CapitaLand Integrated Commercial Trust rose 0.55 percent, CapitaLand Investment climbed 1.46 percent, City Developments tumbled 1.94 percent, Comfort DelGro slumped 0.85 percent, DBS Group retreated 1.13 percent, Emperador advanced 0.98 percent, Hongkong Land added 0.68 percent, Keppel Corp fell 0.56 percent, Mapletree Pan Asia Commercial Trust soared 3.07 percent, Mapletree Industrial Trust rallied 2.23 percent, Mapletree Logistics Trust surged 3.77 percent, Oversea-Chinese Banking Corporation sank 0.74 percent, SATS skidded 0.83 percent, SembCorp Industries skyrocketed 6.10 percent, Singapore Technologies Engineering gained 0.89 percent, SingTel jumped 2.15 percent, Thai Beverage dropped 0.80 percent, United Overseas Bank declined 1.59 percent, Yangzijiang Shipbuilding plunged 3.12 percent and Genting Singapore, Wilmar International and Yangzijiang Financial were unchanged.</p><p>The lead from Wall Street is upbeat as the major averages opened sharply higher on Tuesday and remained in the green throughout the session.</p><p>The Dow jumped 336.26 points or 1.06 percent to finish at 32,155.40, while the NASDAQ rallied 239.31 points or 2.14 percent to end at 11,428.15 and the S&amp;P 500 advanced 63.53 points or 1.65 percent to close at 3,919.29.</p><p>The strength on Wall Street was fueled by bargain hunting, particularly in the banking sector after regulators said there won&#39;t be a relapse of the financial crisis from 15 years ago.</p><p>Data showing a drop in U.S. consumer prices in February contributed significantly to the positive mood in the market, allaying fears of an accelerated rate hike from the Federal Reserve.</p><p>Crude oil prices fell sharply to a nine-week low on Tuesday amid concerns a fresh financial crisis following the collapse of Silicon Valley Bank and Signature Bank could significantly hurt demand. West Texas Intermediate Crude oil futures for April sank $3.47 or 4.7 percent at $71.33 a barrel.</p><p>Closer to home, Singapore will release Q4 data for unemployment later today; in the three months prior, the jobless rate was 2.0 percent.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Shares May Stop The Bleeding On Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Shares May Stop The Bleeding On Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-15 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3350292/singapore-shares-may-stop-the-bleeding-on-wednesday.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has tracked lower in five consecutive trading days, slumping more than 115 points or 3.5 percent along the way. The Straits Times Index now rests just beneath the 3,130-...</p>\n\n<a href=\"https://www.rttnews.com/3350292/singapore-shares-may-stop-the-bleeding-on-wednesday.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3350292/singapore-shares-may-stop-the-bleeding-on-wednesday.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152471895","content_text":"The Singapore stock market has tracked lower in five consecutive trading days, slumping more than 115 points or 3.5 percent along the way. The Straits Times Index now rests just beneath the 3,130-point plateau although it may finally find traction on Wednesday.The global forecast for the Asian markets is positive on bargain hunting and encouraging inflation data. The European and U.S. markets were sharply higher and the Asian bourses figure to follow that lead.The STI finished barely lower on Tuesday following losses from the banks, gains from the REITs and mixed performances from the properties and industrials.For the day, the index eased 2.62 points or 0.08 percent to finish at 3,129.75 after trading between 3,094.28 and 3,139.27.Among the actives, Ascendas REIT spiked 2.61 percent, while CapitaLand Integrated Commercial Trust rose 0.55 percent, CapitaLand Investment climbed 1.46 percent, City Developments tumbled 1.94 percent, Comfort DelGro slumped 0.85 percent, DBS Group retreated 1.13 percent, Emperador advanced 0.98 percent, Hongkong Land added 0.68 percent, Keppel Corp fell 0.56 percent, Mapletree Pan Asia Commercial Trust soared 3.07 percent, Mapletree Industrial Trust rallied 2.23 percent, Mapletree Logistics Trust surged 3.77 percent, Oversea-Chinese Banking Corporation sank 0.74 percent, SATS skidded 0.83 percent, SembCorp Industries skyrocketed 6.10 percent, Singapore Technologies Engineering gained 0.89 percent, SingTel jumped 2.15 percent, Thai Beverage dropped 0.80 percent, United Overseas Bank declined 1.59 percent, Yangzijiang Shipbuilding plunged 3.12 percent and Genting Singapore, Wilmar International and Yangzijiang Financial were unchanged.The lead from Wall Street is upbeat as the major averages opened sharply higher on Tuesday and remained in the green throughout the session.The Dow jumped 336.26 points or 1.06 percent to finish at 32,155.40, while the NASDAQ rallied 239.31 points or 2.14 percent to end at 11,428.15 and the S&P 500 advanced 63.53 points or 1.65 percent to close at 3,919.29.The strength on Wall Street was fueled by bargain hunting, particularly in the banking sector after regulators said there won't be a relapse of the financial crisis from 15 years ago.Data showing a drop in U.S. consumer prices in February contributed significantly to the positive mood in the market, allaying fears of an accelerated rate hike from the Federal Reserve.Crude oil prices fell sharply to a nine-week low on Tuesday amid concerns a fresh financial crisis following the collapse of Silicon Valley Bank and Signature Bank could significantly hurt demand. West Texas Intermediate Crude oil futures for April sank $3.47 or 4.7 percent at $71.33 a barrel.Closer to home, Singapore will release Q4 data for unemployment later today; in the three months prior, the jobless rate was 2.0 percent.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949429897,"gmtCreate":1678839248219,"gmtModify":1678839251245,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9949429897","repostId":"2319061074","repostType":4,"repost":{"id":"2319061074","pubTimestamp":1678775274,"share":"https://www.laohu8.com/m/news/2319061074?lang=&edition=full","pubTime":"2023-03-14 14:27","market":"us","language":"en","title":"Microsoft Unveils New Virtual Machines Using Nvidia H100 GPUs","url":"https://stock-news.laohu8.com/highlight/detail?id=2319061074","media":"Seekingalpha","summary":"Microsoft  unveiled on Monday new virtual machines that use Nvidia's H100 Tensor Core GPUs and the c","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/MSFT\">Microsoft </a> unveiled on Monday new virtual machines that use Nvidia&#39;s H100 Tensor Core GPUs and the company&#39;s Quantum-2 InfiniBand networking.</p><p>The machines allow for Microsoft&#39;s (MSFT) customers to create infrastructure that can grow to any size for any artificial intelligence task, given that training large language models, or LLMs, need enormous amounts of connected GPUs.</p><p>The new virtual machines, known as the ND H100 v5 VM, will use anywhere between eight and &#34;thousands&#34; of NVIDIA H100 GPU to perform the work, Microsoft said in a blog post.</p><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia </a> unveiled the H100 GPUs last March at its GTC developer conference.</p><p>Microsoft (MSFT) shares gained over 2% on Monday, while Nvidia (NVDA) shares were closing flat.</p><p>On Monday, Citi said Nvidia (NVDA) was among the &#34;most popular&#34; stocks in the chip sector to own.</p></body></html>","source":"seekingalpha","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>Microsoft Unveils New Virtual Machines Using Nvidia H100 GPUs</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\">\nMicrosoft Unveils New Virtual Machines Using Nvidia H100 GPUs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-14 14:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3946850-microsoft-unveils-new-virtual-machines-nvidia-h100-gpus><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft  unveiled on Monday new virtual machines that use Nvidia's H100 Tensor Core GPUs and the company's Quantum-2 InfiniBand networking.The machines allow for Microsoft's (MSFT) customers to ...</p>\n\n<a href=\"https://seekingalpha.com/news/3946850-microsoft-unveils-new-virtual-machines-nvidia-h100-gpus\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","MSFT":"微软"},"source_url":"https://seekingalpha.com/news/3946850-microsoft-unveils-new-virtual-machines-nvidia-h100-gpus","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2319061074","content_text":"Microsoft  unveiled on Monday new virtual machines that use Nvidia's H100 Tensor Core GPUs and the company's Quantum-2 InfiniBand networking.The machines allow for Microsoft's (MSFT) customers to create infrastructure that can grow to any size for any artificial intelligence task, given that training large language models, or LLMs, need enormous amounts of connected GPUs.The new virtual machines, known as the ND H100 v5 VM, will use anywhere between eight and \"thousands\" of NVIDIA H100 GPU to perform the work, Microsoft said in a blog post.Nvidia  unveiled the H100 GPUs last March at its GTC developer conference.Microsoft (MSFT) shares gained over 2% on Monday, while Nvidia (NVDA) shares were closing flat.On Monday, Citi said Nvidia (NVDA) was among the \"most popular\" stocks in the chip sector to own.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949429047,"gmtCreate":1678839204189,"gmtModify":1678839208142,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9949429047","repostId":"1134873184","repostType":4,"repost":{"id":"1134873184","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":1678801677,"share":"https://www.laohu8.com/m/news/1134873184?lang=&edition=full","pubTime":"2023-03-14 21:47","market":"us","language":"en","title":"Mega-Cap Growth Stocks Jumped in Morning Trading, with Meta Jumping Over 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=1134873184","media":"Tiger Newspress","summary":"Mega-cap growth stocks jumped in morning trading. Meta surged 6% on the news to lay off 10,000 emplo","content":"<html><head></head><body><p>Mega-cap growth stocks jumped in morning trading. Meta surged 6% on the news to lay off 10,000 employees in second round of job cuts. <img src=\"https://static.tigerbbs.com/18093f468793b6d4c98cd2e81d022ee5\" tg-width=\"285\" tg-height=\"309\" 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>Mega-Cap Growth Stocks Jumped in Morning Trading, with Meta Jumping Over 6%</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\">\nMega-Cap Growth Stocks Jumped in Morning Trading, with Meta Jumping Over 6%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-14 21:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Mega-cap growth stocks jumped in morning trading. Meta surged 6% on the news to lay off 10,000 employees in second round of job cuts. <img src=\"https://static.tigerbbs.com/18093f468793b6d4c98cd2e81d022ee5\" tg-width=\"285\" tg-height=\"309\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Roundhill Ball Metaverse ETF","NVDA":"英伟达","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134873184","content_text":"Mega-cap growth stocks jumped in morning trading. Meta surged 6% on the news to lay off 10,000 employees in second round of job cuts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949529559,"gmtCreate":1678765220872,"gmtModify":1678765224472,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Oh","listText":"Oh","text":"Oh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/m/post/9949529559","repostId":"2318942637","repostType":4,"repost":{"id":"2318942637","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":1678763358,"share":"https://www.laohu8.com/m/news/2318942637?lang=&edition=full","pubTime":"2023-03-14 11:09","market":"us","language":"en","title":"How Does a Bank Collapse Quickly? a Timeline of the SVB Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=2318942637","media":"Tiger Newspress","summary":"Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered custome","content":"<html><head></head><body><p>Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered customers and investors in limbo.</p><p>Silicon Valley Bank, facing a sudden bank run and capital crisis, collapsed Friday morning and was taken over by federal regulators.</p><p>It was the largest failure of a US bank since Washington Mutual in 2008.</p><p><img src=\"https://static.tigerbbs.com/378ad97105d4f81aba9366beb9c7f945\" tg-width=\"750\" tg-height=\"4212\" referrerpolicy=\"no-referrer\"/></p><p>Here’s what we know about the bank’s downfall, and what might come next.</p><h2>What is SVB?</h2><p>Founded in 1983, SVB specialized in banking for tech startups. It provided financing for almost half of US venture-backed technology and health care companies.</p><p>While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks, with $209 billion in total assets at the end of last year, according to the FDIC.</p><h2>Why did it fail?</h2><p>In short, SVB encountered a classic run on the bank.</p><p>The longer version is a bit more complicated.</p><p>Several forces collided to take down the banker.</p><p>First, there was the Federal Reserve, which began raising interest rates a year ago to tame inflation. The Fed moved aggressively, and higher borrowing costs sapped the momentum of tech stocks that had benefited SVB.</p><p>Higher interest rates also eroded the value of long-term bonds that SVB and other banks gobbled up during the era of ultra-low, near-zero interest rates. SVB’s $21 billion bond portfolio was yielding an average of 1.79% — the current 10-year Treasury yield is about 3.9%.</p><p>At the same time, venture capital began drying up, forcing startups to draw down funds held by SVB. So the bank was sitting on a mountain of unrealized losses in bonds just as the pace of customer withdrawals was escalating.</p><h2>The panic takes root…</h2><p>On Wednesday, SVB announced it had sold a bunch of securities at a loss, and that it would also sell $2.25 billion in new shares to shore up its balance sheet. That triggered a panic among key venture capital firms, who reportedly advised companies to withdraw their money from the bank.</p><p>The bank’s stock began plummeting Thursday morning and by the afternoon it was dragging other bank shares down with it as investors began to fear a repeat of the 2007-2008 financial crisis.</p><p>By Friday morning, trading in SVB shares was halted and it had abandoned efforts to quickly raise capital or find a buyer. California regulators intervened, shutting the bank down and placing it in receivership under the Federal Deposit Insurance Corporation.</p><h2>Contagion fears subside</h2><p>Despite initial panic on Wall Street, analysts said SVB’s collapse is unlikely to set off the kind of domino effect that gripped the banking industry during the financial crisis.</p><p>“The system is as well-capitalized and liquid as it has ever been,” Moody’s chief economist Mark Zandi said. “The banks that are now in trouble are much too small to be a meaningful threat to the broader system.”</p><p>No later than Monday morning, all insured depositors will have full access to their insured deposits, according to the FDIC. It will pay uninsured depositors an “advance dividend within the next week.”</p><h2>What’s next?</h2><p>So, while a broader contagion is unlikely, smaller banks that are disproportionately tied to cash-strapped industries like tech and crypto may be in for a rough ride, according to Ed Moya, senior market analyst at Oanda.</p><p>“Everyone on Wall Street knew that the Fed’s rate-hiking campaign would eventually break something, and right now that is taking down small banks,” Moya said on Friday.</p><p>The FDIC typically sells a failed bank’s assets to other banks, using the proceeds to repay depositors whose funds weren’t insured.</p><p>A buyer could still emerge for SVB, though it’s far from guaranteed.</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 Does a Bank Collapse Quickly? a Timeline of the SVB Fall</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Does a Bank Collapse Quickly? a Timeline of the SVB Fall\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-03-14 11:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered customers and investors in limbo.</p><p>Silicon Valley Bank, facing a sudden bank run and capital crisis, collapsed Friday morning and was taken over by federal regulators.</p><p>It was the largest failure of a US bank since Washington Mutual in 2008.</p><p><img src=\"https://static.tigerbbs.com/378ad97105d4f81aba9366beb9c7f945\" tg-width=\"750\" tg-height=\"4212\" referrerpolicy=\"no-referrer\"/></p><p>Here’s what we know about the bank’s downfall, and what might come next.</p><h2>What is SVB?</h2><p>Founded in 1983, SVB specialized in banking for tech startups. It provided financing for almost half of US venture-backed technology and health care companies.</p><p>While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks, with $209 billion in total assets at the end of last year, according to the FDIC.</p><h2>Why did it fail?</h2><p>In short, SVB encountered a classic run on the bank.</p><p>The longer version is a bit more complicated.</p><p>Several forces collided to take down the banker.</p><p>First, there was the Federal Reserve, which began raising interest rates a year ago to tame inflation. The Fed moved aggressively, and higher borrowing costs sapped the momentum of tech stocks that had benefited SVB.</p><p>Higher interest rates also eroded the value of long-term bonds that SVB and other banks gobbled up during the era of ultra-low, near-zero interest rates. SVB’s $21 billion bond portfolio was yielding an average of 1.79% — the current 10-year Treasury yield is about 3.9%.</p><p>At the same time, venture capital began drying up, forcing startups to draw down funds held by SVB. So the bank was sitting on a mountain of unrealized losses in bonds just as the pace of customer withdrawals was escalating.</p><h2>The panic takes root…</h2><p>On Wednesday, SVB announced it had sold a bunch of securities at a loss, and that it would also sell $2.25 billion in new shares to shore up its balance sheet. That triggered a panic among key venture capital firms, who reportedly advised companies to withdraw their money from the bank.</p><p>The bank’s stock began plummeting Thursday morning and by the afternoon it was dragging other bank shares down with it as investors began to fear a repeat of the 2007-2008 financial crisis.</p><p>By Friday morning, trading in SVB shares was halted and it had abandoned efforts to quickly raise capital or find a buyer. California regulators intervened, shutting the bank down and placing it in receivership under the Federal Deposit Insurance Corporation.</p><h2>Contagion fears subside</h2><p>Despite initial panic on Wall Street, analysts said SVB’s collapse is unlikely to set off the kind of domino effect that gripped the banking industry during the financial crisis.</p><p>“The system is as well-capitalized and liquid as it has ever been,” Moody’s chief economist Mark Zandi said. “The banks that are now in trouble are much too small to be a meaningful threat to the broader system.”</p><p>No later than Monday morning, all insured depositors will have full access to their insured deposits, according to the FDIC. It will pay uninsured depositors an “advance dividend within the next week.”</p><h2>What’s next?</h2><p>So, while a broader contagion is unlikely, smaller banks that are disproportionately tied to cash-strapped industries like tech and crypto may be in for a rough ride, according to Ed Moya, senior market analyst at Oanda.</p><p>“Everyone on Wall Street knew that the Fed’s rate-hiking campaign would eventually break something, and right now that is taking down small banks,” Moya said on Friday.</p><p>The FDIC typically sells a failed bank’s assets to other banks, using the proceeds to repay depositors whose funds weren’t insured.</p><p>A buyer could still emerge for SVB, though it’s far from guaranteed.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4211":"区域性银行","BK4585":"ETF&股票定投概念","LU0390134368.USD":"FRANKLIN GLOBAL GROWTH \"A\" (USD) ACC","LU1861217088.USD":"贝莱德金融科技A2","BK4588":"碎股","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318942637","content_text":"Recently, the go-to bank for US tech startups came rapidly unglued, leaving its high-powered customers and investors in limbo.Silicon Valley Bank, facing a sudden bank run and capital crisis, collapsed Friday morning and was taken over by federal regulators.It was the largest failure of a US bank since Washington Mutual in 2008.Here’s what we know about the bank’s downfall, and what might come next.What is SVB?Founded in 1983, SVB specialized in banking for tech startups. It provided financing for almost half of US venture-backed technology and health care companies.While relatively unknown outside of Silicon Valley, SVB was among the top 20 American commercial banks, with $209 billion in total assets at the end of last year, according to the FDIC.Why did it fail?In short, SVB encountered a classic run on the bank.The longer version is a bit more complicated.Several forces collided to take down the banker.First, there was the Federal Reserve, which began raising interest rates a year ago to tame inflation. The Fed moved aggressively, and higher borrowing costs sapped the momentum of tech stocks that had benefited SVB.Higher interest rates also eroded the value of long-term bonds that SVB and other banks gobbled up during the era of ultra-low, near-zero interest rates. SVB’s $21 billion bond portfolio was yielding an average of 1.79% — the current 10-year Treasury yield is about 3.9%.At the same time, venture capital began drying up, forcing startups to draw down funds held by SVB. So the bank was sitting on a mountain of unrealized losses in bonds just as the pace of customer withdrawals was escalating.The panic takes root…On Wednesday, SVB announced it had sold a bunch of securities at a loss, and that it would also sell $2.25 billion in new shares to shore up its balance sheet. That triggered a panic among key venture capital firms, who reportedly advised companies to withdraw their money from the bank.The bank’s stock began plummeting Thursday morning and by the afternoon it was dragging other bank shares down with it as investors began to fear a repeat of the 2007-2008 financial crisis.By Friday morning, trading in SVB shares was halted and it had abandoned efforts to quickly raise capital or find a buyer. California regulators intervened, shutting the bank down and placing it in receivership under the Federal Deposit Insurance Corporation.Contagion fears subsideDespite initial panic on Wall Street, analysts said SVB’s collapse is unlikely to set off the kind of domino effect that gripped the banking industry during the financial crisis.“The system is as well-capitalized and liquid as it has ever been,” Moody’s chief economist Mark Zandi said. “The banks that are now in trouble are much too small to be a meaningful threat to the broader system.”No later than Monday morning, all insured depositors will have full access to their insured deposits, according to the FDIC. It will pay uninsured depositors an “advance dividend within the next week.”What’s next?So, while a broader contagion is unlikely, smaller banks that are disproportionately tied to cash-strapped industries like tech and crypto may be in for a rough ride, according to Ed Moya, senior market analyst at Oanda.“Everyone on Wall Street knew that the Fed’s rate-hiking campaign would eventually break something, and right now that is taking down small banks,” Moya said on Friday.The FDIC typically sells a failed bank’s assets to other banks, using the proceeds to repay depositors whose funds weren’t insured.A buyer could still emerge for SVB, though it’s far from guaranteed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949670399,"gmtCreate":1678664465112,"gmtModify":1678664468830,"author":{"id":"4090479553934560","authorId":"4090479553934560","name":"RoAd","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/m/post/9949670399","repostId":"2318875225","repostType":4,"repost":{"id":"2318875225","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":1678505326,"share":"https://www.laohu8.com/m/news/2318875225?lang=&edition=full","pubTime":"2023-03-11 11:28","market":"us","language":"en","title":"Elon Musk Exercises Options to Acquire 10,500 Tesla Shares - Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2318875225","media":"Reuters","summary":"(Reuters) - Tesla Inc Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shar","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a> Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shares of the electric-vehicle maker, U.S. securities filing showed on Friday.</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>Elon Musk Exercises Options to Acquire 10,500 Tesla Shares - Filing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Exercises Options to Acquire 10,500 Tesla Shares - Filing\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\">2023-03-11 11:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/TSLA\">Tesla Inc</a> Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shares of the electric-vehicle maker, U.S. securities filing showed on Friday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318875225","content_text":"(Reuters) - Tesla Inc Chief Executive Officer Elon Musk has exercised options to acquire 10,500 shares of the electric-vehicle maker, U.S. securities filing showed on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}