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2022-04-05

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2022-03-01

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3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade

2022-03-01

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2022-02-25

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2022-02-18

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up up","listText":"Up up up","text":"Up up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010027459","repostId":"1178857355","repostType":4,"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039748241,"gmtCreate":1646139142003,"gmtModify":1676534094956,"author":{"id":"4101210865269940","authorId":"4101210865269940","name":"jonjongeorge","avatar":"https://static.tigerbbs.com/f2c799f333d78624b3a2a0dffef3a618","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101210865269940","authorIdStr":"4101210865269940"},"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/post/9039748241","repostId":"2214168940","repostType":4,"repost":{"id":"2214168940","kind":"highlight","pubTimestamp":1646127738,"share":"https://ttm.financial/m/news/2214168940?lang=&edition=fundamental","pubTime":"2022-03-01 17:42","market":"us","language":"en","title":"3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2214168940","media":"motleyfool","summary":"Cybersecurity has never been more important, and these companies are the leaders in their respective spaces.","content":"<html><head></head><body><p>With the ongoing shift toward a hybrid work environment, it has never been more important for companies to ensure their servers and workers are protected from cybersecurity threats. A breach could be quite costly and undermine any trust the business had built with its user base. Some experts are now advising companies they will need to focus at least 10% to 15% of their IT budget on cybersecurity. This increased spending will create a huge business opportunity for companies devoted to cybersecurity.</p><p>Three cybersecurity stocks with great upside potential are <b>Cloudflare</b> (NYSE:NET), <b>Crowdstrike</b> (NASDAQ:CRWD), and <b>Okta</b> (NASDAQ:OKTA). These businesses approach security in different ways and don&#39;t compete with each other. Instead, their solutions interact to create a secure customer experience.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a2e76361cd5fd7b5517ea2038d730326\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>1. Cloudflare</h2><p>While security isn&#39;t Cloudflare&#39;s primary objective, it complements its primary task. Cloudflare is on a mission to build a better internet and is doing so by building data centers across the world for customers to host their websites. By storing and managing copies of customers&#39; code and content in Cloudflare&#39;s data centers spread around the globe, its customers can deliver faster access to the content to their own customers.</p><p>On the security side, Cloudflare prevents multiple types of attacks that customers who manage their own servers often have trouble combatting. Cloudflare strives to give its customers the fastest, most reliable, and most secure way to host a website.</p><p>Cloudflare recently reported its full-year 2021 results that showed annual revenue grew 52% to $656.4 million and produced $43.1 million in free cash flow (FCF), adding to its $1.82 billion cash stockpile. While still unprofitable, Cloudflare has made great strides in improving its margins over the past three years.</p><table border=\"1\"><tbody><tr><th>Cloudflare Fiscal Year</th><th>Operating Margin</th></tr><tr><td>2019</td><td>(25%)</td></tr><tr><td>2020</td><td>(8%)</td></tr><tr><td>2021</td><td>(1%)</td></tr></tbody></table><p>Source: Cloudflare.</p><p>In the most recent report, management gave strong 2022 guidance, projecting sales to rise 41.5% for the year and predicting a positive operating margin. With a Cloudflare-estimated $86 billion total addressable market opportunity, it has a huge growth runway for many years to come.</p><h2>2. Crowdstrike</h2><p>Cybersecurity isn&#39;t a new thing -- it&#39;s been around almost as long as computers have. However, with the transition to cloud computing, existing providers have had difficulty adapting security toward the new cloud era. 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In Q3, 68% of its customers use four or more which is up from 61% one year ago.</p><p>With Crowdstrike&#39;s expanding product suite and customer acquisition potential, there is significant sales growth ahead for this cloud security provider.</p><h2>3. Okta</h2><p>Okta&#39;s security solution focuses on identity management. Its tools give customers the ability to ensure those who are accessing a network or account are who they say they are. Through multifactor authentication and zero-trust security, Okta builds trust with customers and gives employers confidence in letting their employees work from anywhere.</p><p>Sticking with the trend the previous two companies set, Okta also reported fantastic fiscal 2022 Q3 (ended Oct. 31) results. Revenue was up 61% year over year to $351 million, and remaining performance obligations rose 49% to $2.35 billion. Management also excited investors with guidance that projects its 2026 fiscal year (ending Jan. 31, 2026) annual revenue will exceed $4 billion and its FCF margin will be 20%.</p><p>Including projections for the recently completed fiscal year 2022, Okta has grown its revenue at a 47% annual rate over the last four years. If it accomplishes its revenue goal for fiscal 2026, Okta will have grown its revenue at a 33% clip over the coming four years. Growing at a sustained rapid rate can provide incredible shareholder returns, making Okta a fantastic candidate to buy and hold over the next decade.</p><h2>Investor takeaway</h2><p>With short-term fear dominating market sentiment right now, these high-growth, unprofitable stocks have taken the full force of the market&#39;s wrath. With each stock down a minimum of 39% from its 52-week high, each can be purchased at a steep discount. Cybersecurity has long-term industry tailwinds; growth investors wanting exposure to this industry should consider purchasing all three stocks and holding them for a minimum of three to five years. With the growth these companies have ahead, a decade would be even better to see potentially life-changing returns.</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>3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-01 17:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/28/cybersecurity-stocks-you-can-buy-hold-for-decade/><strong>motleyfool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the ongoing shift toward a hybrid work environment, it has never been more important for companies to ensure their servers and workers are protected from cybersecurity threats. A breach could be ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/28/cybersecurity-stocks-you-can-buy-hold-for-decade/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","CRWD":"CrowdStrike Holdings, Inc.","OKTA":"Okta Inc.","BK4211":"区域性银行","BK4097":"系统软件","BK4532":"文艺复兴科技持仓","BK4116":"互联网服务与基础架构","BK4528":"SaaS概念","BK4560":"网络安全概念","FCF":"第一联邦金融","NET":"Cloudflare, Inc.","BK4554":"元宇宙及AR概念"},"source_url":"https://www.fool.com/investing/2022/02/28/cybersecurity-stocks-you-can-buy-hold-for-decade/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2214168940","content_text":"With the ongoing shift toward a hybrid work environment, it has never been more important for companies to ensure their servers and workers are protected from cybersecurity threats. A breach could be quite costly and undermine any trust the business had built with its user base. Some experts are now advising companies they will need to focus at least 10% to 15% of their IT budget on cybersecurity. This increased spending will create a huge business opportunity for companies devoted to cybersecurity.Three cybersecurity stocks with great upside potential are Cloudflare (NYSE:NET), Crowdstrike (NASDAQ:CRWD), and Okta (NASDAQ:OKTA). These businesses approach security in different ways and don't compete with each other. Instead, their solutions interact to create a secure customer experience.Image source: Getty Images.1. CloudflareWhile security isn't Cloudflare's primary objective, it complements its primary task. Cloudflare is on a mission to build a better internet and is doing so by building data centers across the world for customers to host their websites. By storing and managing copies of customers' code and content in Cloudflare's data centers spread around the globe, its customers can deliver faster access to the content to their own customers.On the security side, Cloudflare prevents multiple types of attacks that customers who manage their own servers often have trouble combatting. Cloudflare strives to give its customers the fastest, most reliable, and most secure way to host a website.Cloudflare recently reported its full-year 2021 results that showed annual revenue grew 52% to $656.4 million and produced $43.1 million in free cash flow (FCF), adding to its $1.82 billion cash stockpile. While still unprofitable, Cloudflare has made great strides in improving its margins over the past three years.Cloudflare Fiscal YearOperating Margin2019(25%)2020(8%)2021(1%)Source: Cloudflare.In the most recent report, management gave strong 2022 guidance, projecting sales to rise 41.5% for the year and predicting a positive operating margin. With a Cloudflare-estimated $86 billion total addressable market opportunity, it has a huge growth runway for many years to come.2. CrowdstrikeCybersecurity isn't a new thing -- it's been around almost as long as computers have. However, with the transition to cloud computing, existing providers have had difficulty adapting security toward the new cloud era. Crowdstrike was founded as a cloud-first business and is succeeding in its mission to stop breaches.Its Falcon platform has multiple modules that businesses can add to unlock new functionality, but at its core, it protects endpoints (such as computers or phones) from attacks. It does this by capturing more than 1 trillion events daily and using the information to continuously evolve the program using artificial intelligence. If one business is attacked in a certain manner, Crowdstrike instantly ensures every customer is protected from that type of threat.Crowdstrike has captured many significant customers, with 63 of the Fortune 100 and 14 of the top 20 banks using its software. It also has a vast recurring revenue stream, with its fiscal 2022 third-quarter (ended Oct. 31) annual recurring revenue increasing 67% year over year to now total $1.51 billion. Crowdstrike has upsold customers to use more modules. In Q3, 68% of its customers use four or more which is up from 61% one year ago.With Crowdstrike's expanding product suite and customer acquisition potential, there is significant sales growth ahead for this cloud security provider.3. OktaOkta's security solution focuses on identity management. Its tools give customers the ability to ensure those who are accessing a network or account are who they say they are. Through multifactor authentication and zero-trust security, Okta builds trust with customers and gives employers confidence in letting their employees work from anywhere.Sticking with the trend the previous two companies set, Okta also reported fantastic fiscal 2022 Q3 (ended Oct. 31) results. Revenue was up 61% year over year to $351 million, and remaining performance obligations rose 49% to $2.35 billion. Management also excited investors with guidance that projects its 2026 fiscal year (ending Jan. 31, 2026) annual revenue will exceed $4 billion and its FCF margin will be 20%.Including projections for the recently completed fiscal year 2022, Okta has grown its revenue at a 47% annual rate over the last four years. If it accomplishes its revenue goal for fiscal 2026, Okta will have grown its revenue at a 33% clip over the coming four years. Growing at a sustained rapid rate can provide incredible shareholder returns, making Okta a fantastic candidate to buy and hold over the next decade.Investor takeawayWith short-term fear dominating market sentiment right now, these high-growth, unprofitable stocks have taken the full force of the market's wrath. With each stock down a minimum of 39% from its 52-week high, each can be purchased at a steep discount. Cybersecurity has long-term industry tailwinds; growth investors wanting exposure to this industry should consider purchasing all three stocks and holding them for a minimum of three to five years. With the growth these companies have ahead, a decade would be even better to see potentially life-changing returns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039741708,"gmtCreate":1646138876854,"gmtModify":1676534094940,"author":{"id":"4101210865269940","authorId":"4101210865269940","name":"jonjongeorge","avatar":"https://static.tigerbbs.com/f2c799f333d78624b3a2a0dffef3a618","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101210865269940","authorIdStr":"4101210865269940"},"themes":[],"htmlText":"Ev up up","listText":"Ev up up","text":"Ev up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039741708","repostId":"1157633134","repostType":4,"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030525662,"gmtCreate":1645760398243,"gmtModify":1676534062008,"author":{"id":"4101210865269940","authorId":"4101210865269940","name":"jonjongeorge","avatar":"https://static.tigerbbs.com/f2c799f333d78624b3a2a0dffef3a618","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101210865269940","authorIdStr":"4101210865269940"},"themes":[],"htmlText":"Miss also earn $","listText":"Miss also earn $","text":"Miss also earn $","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030525662","repostId":"1142451427","repostType":2,"repost":{"id":"1142451427","kind":"news","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":1645581358,"share":"https://ttm.financial/m/news/1142451427?lang=&edition=fundamental","pubTime":"2022-02-23 09:55","market":"sg","language":"en","title":"Singapore lender OCBC flags cautious outlook after profit miss","url":"https://stock-news.laohu8.com/highlight/detail?id=1142451427","media":"Reuters","summary":"SINGAPORE, Feb 23 (Reuters) - Oversea-Chinese Banking Corp flagged a cautious outlook on Wednesday a","content":"<html><head></head><body><p>SINGAPORE, Feb 23 (Reuters) - Oversea-Chinese Banking Corp flagged a cautious outlook on Wednesday after Singapore&#39;s second-largest listed lender reported a surprise 14% drop in quarterly profit, knocking its shares to a one-month low.</p><p>Shares in OCBC, which pointed to a jump in operating expenses, fell 4.5% in early trade in a slightly weak broader market(.STI).</p><p>&#34;Looking ahead, we are cautiously optimistic that the operating environment will improve,&#34; OCBC CEO Helen Wong, who took charge last year, said in a statement.</p><p>In addition to gains from rising global interest rates, Singapore lenders are benefiting from rebounding economic growth, with the city-state&#39;s economy forecast to grow 3% to 5% this year.</p><p>Singapore, recovering from the pandemic slump, is reopening its borders, with about 90% of its population fully vaccinated against the COVID-19 virus.</p><p>OCBC&#39;s net profit fell to S$973 million ($723.4 million) in October-December, down from S$1.13 billion a year earlier and well below the S$1.18 billion average of four analyst estimates compiled by Refinitiv.</p><p>The bank reported a 15% rise in quarterly operating expenses, citing higher staff costs linked to its expansion, and an absence of government job supports grants.</p><p>OCBC, which counts Singapore, Greater China and Malaysia, among its key markets, said full-year net profit rose 35% to pre-pandemic levels after credit allowances more than halved, helped by an improvement in asset quality.</p><p>Last week, United Overseas Bank joined bigger competitor DBS Group in flagging a strong outlook after reporting a sharp rise in quarterly profit on the back of a big decline in credit charges.</p><p>OCBC&#39;s shares have underperformed peers, dented by market worries over its credit losses from sectors such as oil and gas.</p><p>As of Tuesday&#39;s close, the shares had gained 24% over the past year versus a 42% surge in DBS and a 36% rise in United Overseas Bank.</p><p>($1 = 1.3450 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore lender OCBC flags cautious outlook after profit miss</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 lender OCBC flags cautious outlook after profit miss\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-02-23 09:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE, Feb 23 (Reuters) - Oversea-Chinese Banking Corp flagged a cautious outlook on Wednesday after Singapore&#39;s second-largest listed lender reported a surprise 14% drop in quarterly profit, knocking its shares to a one-month low.</p><p>Shares in OCBC, which pointed to a jump in operating expenses, fell 4.5% in early trade in a slightly weak broader market(.STI).</p><p>&#34;Looking ahead, we are cautiously optimistic that the operating environment will improve,&#34; OCBC CEO Helen Wong, who took charge last year, said in a statement.</p><p>In addition to gains from rising global interest rates, Singapore lenders are benefiting from rebounding economic growth, with the city-state&#39;s economy forecast to grow 3% to 5% this year.</p><p>Singapore, recovering from the pandemic slump, is reopening its borders, with about 90% of its population fully vaccinated against the COVID-19 virus.</p><p>OCBC&#39;s net profit fell to S$973 million ($723.4 million) in October-December, down from S$1.13 billion a year earlier and well below the S$1.18 billion average of four analyst estimates compiled by Refinitiv.</p><p>The bank reported a 15% rise in quarterly operating expenses, citing higher staff costs linked to its expansion, and an absence of government job supports grants.</p><p>OCBC, which counts Singapore, Greater China and Malaysia, among its key markets, said full-year net profit rose 35% to pre-pandemic levels after credit allowances more than halved, helped by an improvement in asset quality.</p><p>Last week, United Overseas Bank joined bigger competitor DBS Group in flagging a strong outlook after reporting a sharp rise in quarterly profit on the back of a big decline in credit charges.</p><p>OCBC&#39;s shares have underperformed peers, dented by market worries over its credit losses from sectors such as oil and gas.</p><p>As of Tuesday&#39;s close, the shares had gained 24% over the past year versus a 42% surge in DBS and a 36% rise in United Overseas Bank.</p><p>($1 = 1.3450 Singapore dollars)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O39.SI":"华侨银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142451427","content_text":"SINGAPORE, Feb 23 (Reuters) - Oversea-Chinese Banking Corp flagged a cautious outlook on Wednesday after Singapore's second-largest listed lender reported a surprise 14% drop in quarterly profit, knocking its shares to a one-month low.Shares in OCBC, which pointed to a jump in operating expenses, fell 4.5% in early trade in a slightly weak broader market(.STI).\"Looking ahead, we are cautiously optimistic that the operating environment will improve,\" OCBC CEO Helen Wong, who took charge last year, said in a statement.In addition to gains from rising global interest rates, Singapore lenders are benefiting from rebounding economic growth, with the city-state's economy forecast to grow 3% to 5% this year.Singapore, recovering from the pandemic slump, is reopening its borders, with about 90% of its population fully vaccinated against the COVID-19 virus.OCBC's net profit fell to S$973 million ($723.4 million) in October-December, down from S$1.13 billion a year earlier and well below the S$1.18 billion average of four analyst estimates compiled by Refinitiv.The bank reported a 15% rise in quarterly operating expenses, citing higher staff costs linked to its expansion, and an absence of government job supports grants.OCBC, which counts Singapore, Greater China and Malaysia, among its key markets, said full-year net profit rose 35% to pre-pandemic levels after credit allowances more than halved, helped by an improvement in asset quality.Last week, United Overseas Bank joined bigger competitor DBS Group in flagging a strong outlook after reporting a sharp rise in quarterly profit on the back of a big decline in credit charges.OCBC's shares have underperformed peers, dented by market worries over its credit losses from sectors such as oil and gas.As of Tuesday's close, the shares had gained 24% over the past year versus a 42% surge in DBS and a 36% rise in United Overseas Bank.($1 = 1.3450 Singapore dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094549130,"gmtCreate":1645193697457,"gmtModify":1676534007562,"author":{"id":"4101210865269940","authorId":"4101210865269940","name":"jonjongeorge","avatar":"https://static.tigerbbs.com/f2c799f333d78624b3a2a0dffef3a618","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101210865269940","authorIdStr":"4101210865269940"},"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/post/9094549130","repostId":"2212694949","repostType":2,"repost":{"id":"2212694949","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1645174320,"share":"https://ttm.financial/m/news/2212694949?lang=&edition=fundamental","pubTime":"2022-02-18 16:52","market":"us","language":"en","title":"Elon Musk's $5.7 Billion Secret -- Why We May Never Find out Who Benefited from His Tesla Stock Donation","url":"https://stock-news.laohu8.com/highlight/detail?id=2212694949","media":"Dow Jones","summary":"Publicly announcing multi-billion-dollar gifts is a 'fundamental matter of public interest,' says on","content":"<html><head></head><body><p>Publicly announcing multi-billion-dollar gifts is a &#39;fundamental matter of public interest,&#39; says <a href=\"https://laohu8.com/S/AONE.U\">one</a> observer.</p><p>Elon Musk will happily broadcast a few choice words about U.S. senators, but he&#39;s quieter when it comes to his philanthropy. There&#39;s a good chance the public may never know which charity or charities benefited from the approximately $5.7 billion in Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> stock Musk donated in 2021.</p><p>While there are some public-disclosure laws in philanthropy, billionaire donors like Musk can easily keep the details of their giving under wraps, and it&#39;s legal for them to do so.</p><p>Musk -- who signed the Giving Pledge in 2012, promising to give away most of his wealth -- doesn&#39;t send out press releases announcing his donations, though he occasionally tweets about them. Tesla doesn&#39;t typically respond to press inquiries (it did not for this story), and there&#39;s no contact information listed on Musk&#39;s foundation&#39;s bare-bones website. The Tesla stock donation was revealed in an SEC filing Monday that described the donated shares as a gift &#34;to charity,&#34; but didn&#39;t specify which one.</p><p>One possible candidate is the United Nations World Food Program. Musk got into a public <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> spat with the WFP shortly before he donated the stock, and said he would donate $6 billion to the hunger relief agency if it could show how the money would &#34;solve world hunger.&#34; A WFP spokesman initially told MarketWatch this week that it doesn&#39;t disclose donors, but allows donors to publicize their gifts themselves. The WFP&#39;s executive director later said that the group had not received any funds yet from Musk, and added that &#34;I am excited to hear that Elon is engaged. This is an amazing and great first step.&#34;</p><p>At a time when billionaires are riding high and exerting growing influence over the public sphere, the lack of transparency around Musk&#39;s donation is the latest example of how elite philanthropists can evade scrutiny too easily, critics say.</p><p>&#34;Come on. There has to be a middle-ground [between] preening, self-congratulatory mega-giving &amp; complete non-disclosure,&#34; wrote philanthropy historian Ben Soskis on Twitter(TWTR) in response to the lack of information on Musk&#39;s stock donation. &#34;If not, we&#39;re gonna need a pretty radical overhaul of our [regulations] relating to individual giving &amp; anonymity.&#34;</p><p>Soskis, a senior research associate in the Center on Nonprofits and Philanthropy at the Urban Institute, added, &#34;If you are giving a gift of over $5 [billion], you should publicly announce where the money is going to. As a fundamental matter of public interest.&#34;</p><p><b>How the public could find out where Musk&#39;s donation went</b></p><p>The recipients of Musk&#39;s donation could eventually come to light if Musk gave the stock to his private foundation and the foundation liquidated it and handed out the money as grants to nonprofits. In that case, the Musk Foundation would have to publicly list its major donors and the nonprofits that received the grants in a filing with the IRS. Foundations, which exist to hand out money for public benefit, are required to file that paperwork annually.</p><p>The most recent IRS filing for the Musk Foundation shows that Musk donated 11,000 Tesla shares to it in 2019. The foundation gave a $1 million grant to George Mason University &#34;for COVID-19 scientific research,&#34; made several other grants to schools and other recipients, and gave a $20.7 million donation to Fidelity Charitable, where Musk appears to keep a donor-advised fund.</p><p><b>Why the recipients of Musk stock donation could easily stay secret</b></p><p>There are several other scenarios where the recipients of Musk&#39;s largesse would never be revealed. Musk may have put the money into a donor-advised fund at Fidelity Charitable. DAFs, a type of charitable giving account, function as middlemen. They hold money the donor has earmarked for charity and then distribute it to nonprofits chosen by the donor. When the nonprofits receive the money, it comes from the DAF, not the donor, and there&#39;s no paper trail connecting the donor directly to the nonprofit.</p><p>DAFs have come under fire because account holders get a tax break when they put money into a DAF, but there&#39;s no deadline for when donors must distribute the money to charities. A bill recently introduced in Congress would change some of the laws around DAFs with the aim of moving money more quickly into the hands of charities.</p><p>&#34;The Musk donation serves as a reminder that current laws allow for donors to get a tax deduction up front without any requirement that $ ever gets to the community,&#34; wrote billionaire John Arnold, a supporter of the DAF reform legislation, on Twitter. &#34;Money can sit in DAF accounts forever.&#34;</p><p>DAF providers say those criticisms are wrong. Fidelity Charitable released its 2022 giving report Tuesday, which showed that in 2021, its DAF account holders recommended &#34;a record $10.3 billion in grants, 41% more dollars than pre-pandemic giving in 2019.&#34; The report also noted that &#34;donors are recommending grants at a more rapid pace -- an average of 12.4 grants per account in 2021, compared to 7.4 a decade ago.&#34;</p><p>A spokesman for Fidelity Charitable declined to comment on Musk.</p><p>Musk could also fly under the radar with his stock donation if he put it into a charitable limited liability company, a type of giving vehicle used by philanthropists such as Meta (formerly Facebook <a href=\"https://laohu8.com/S/FB\">$(FB)$</a>) CEO Mark Zuckerberg and his wife, Priscilla Chan, and Melinda French Gates, the former wife of Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> founder Bill Gates. Charitable LLCs can make grants to nonprofits and invest in for-profit ventures, but they aren&#39;t required to publicly disclose their spending.</p><p>If Musk gave the stock directly to a nonprofit, the group wouldn&#39;t be required to publicly disclose him as the donor. Nonprofits must disclose their major donors to the IRS, but they are not required to identify those donors publicly, said Gene Takagi, a lawyer specializing in nonprofit law at NEO Law Group in San Francisco.</p><p>&#34;There are debates over the need for greater transparency, particularly with very large gifts that can shift public policy and possibly elections through permissible charity advocacy activities,&#34; Takagi siad. &#34; In my own personal opinion, the danger of less transparency, for example in the area of campaign finance, could seriously weaken our democracy.&#34;</p><p>Others say that donors should be allowed to preserve their privacy. Keeping donor information private &#34;enables potentially controversial or less popular causes to receive financial support from individuals without posing a public risk to donors,&#34; wrote Independent Sector, a coalition of nonprofits and foundations. Organizations shouldn&#39;t have to disclose their donors if they&#39;re involved in &#34;issues for which donor disclosure would create a substantial likelihood of personal harm to donors,&#34; the group said.</p><p><b>Other billionaires have been more public about recent giving</b></p><p>Billionaire philanthropist MacKenzie Scott, the former wife of Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> founder Jeff Bezos, drew criticism in December when she announced that she had made a round of donations, but didn&#39;t want to reveal the amounts she gave or the recipients. She later changed her tune and said she&#39;ll be putting together a public database showing who&#39;s received the more than $8.5 billion she&#39;s handed out since her divorce from Bezos. Some of the organizations that have received money from Scott have also gone public.</p><p>Another SEC filing made public this week showed that Henrik Fisker, chief executive and chairman of electric-vehicle maker Fisker, Inc. <a href=\"https://laohu8.com/S/FSR\">$(FSR)$</a> donated $4 million in stock to establish a foundation in the name of him and his wife, and directed $1.9 million to a donor-advised fund. Fisker, Inc. also issued a news release outlining where the money was going.</p><p>In another recent SEC filing, Austin Russell, chief executive of self-driving software company Luminar Technologies <a href=\"https://laohu8.com/S/LAZR\">$(LAZR)$</a> and considered the world&#39;s youngest self-made billionaire, disclosed that he donated 4,500,000 shares of Luminar to Central Florida Foundation, an Orlando-based community foundation. The foundation announced the $70 million gift in a press release, and the Orlando Sentinel covered the gift</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's $5.7 Billion Secret -- Why We May Never Find out Who Benefited from His Tesla Stock Donation</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's $5.7 Billion Secret -- Why We May Never Find out Who Benefited from His Tesla Stock Donation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-02-18 16:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Publicly announcing multi-billion-dollar gifts is a &#39;fundamental matter of public interest,&#39; says <a href=\"https://laohu8.com/S/AONE.U\">one</a> observer.</p><p>Elon Musk will happily broadcast a few choice words about U.S. senators, but he&#39;s quieter when it comes to his philanthropy. There&#39;s a good chance the public may never know which charity or charities benefited from the approximately $5.7 billion in Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> stock Musk donated in 2021.</p><p>While there are some public-disclosure laws in philanthropy, billionaire donors like Musk can easily keep the details of their giving under wraps, and it&#39;s legal for them to do so.</p><p>Musk -- who signed the Giving Pledge in 2012, promising to give away most of his wealth -- doesn&#39;t send out press releases announcing his donations, though he occasionally tweets about them. Tesla doesn&#39;t typically respond to press inquiries (it did not for this story), and there&#39;s no contact information listed on Musk&#39;s foundation&#39;s bare-bones website. The Tesla stock donation was revealed in an SEC filing Monday that described the donated shares as a gift &#34;to charity,&#34; but didn&#39;t specify which one.</p><p>One possible candidate is the United Nations World Food Program. Musk got into a public <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> spat with the WFP shortly before he donated the stock, and said he would donate $6 billion to the hunger relief agency if it could show how the money would &#34;solve world hunger.&#34; A WFP spokesman initially told MarketWatch this week that it doesn&#39;t disclose donors, but allows donors to publicize their gifts themselves. The WFP&#39;s executive director later said that the group had not received any funds yet from Musk, and added that &#34;I am excited to hear that Elon is engaged. This is an amazing and great first step.&#34;</p><p>At a time when billionaires are riding high and exerting growing influence over the public sphere, the lack of transparency around Musk&#39;s donation is the latest example of how elite philanthropists can evade scrutiny too easily, critics say.</p><p>&#34;Come on. There has to be a middle-ground [between] preening, self-congratulatory mega-giving &amp; complete non-disclosure,&#34; wrote philanthropy historian Ben Soskis on Twitter(TWTR) in response to the lack of information on Musk&#39;s stock donation. &#34;If not, we&#39;re gonna need a pretty radical overhaul of our [regulations] relating to individual giving &amp; anonymity.&#34;</p><p>Soskis, a senior research associate in the Center on Nonprofits and Philanthropy at the Urban Institute, added, &#34;If you are giving a gift of over $5 [billion], you should publicly announce where the money is going to. As a fundamental matter of public interest.&#34;</p><p><b>How the public could find out where Musk&#39;s donation went</b></p><p>The recipients of Musk&#39;s donation could eventually come to light if Musk gave the stock to his private foundation and the foundation liquidated it and handed out the money as grants to nonprofits. In that case, the Musk Foundation would have to publicly list its major donors and the nonprofits that received the grants in a filing with the IRS. Foundations, which exist to hand out money for public benefit, are required to file that paperwork annually.</p><p>The most recent IRS filing for the Musk Foundation shows that Musk donated 11,000 Tesla shares to it in 2019. The foundation gave a $1 million grant to George Mason University &#34;for COVID-19 scientific research,&#34; made several other grants to schools and other recipients, and gave a $20.7 million donation to Fidelity Charitable, where Musk appears to keep a donor-advised fund.</p><p><b>Why the recipients of Musk stock donation could easily stay secret</b></p><p>There are several other scenarios where the recipients of Musk&#39;s largesse would never be revealed. Musk may have put the money into a donor-advised fund at Fidelity Charitable. DAFs, a type of charitable giving account, function as middlemen. They hold money the donor has earmarked for charity and then distribute it to nonprofits chosen by the donor. When the nonprofits receive the money, it comes from the DAF, not the donor, and there&#39;s no paper trail connecting the donor directly to the nonprofit.</p><p>DAFs have come under fire because account holders get a tax break when they put money into a DAF, but there&#39;s no deadline for when donors must distribute the money to charities. A bill recently introduced in Congress would change some of the laws around DAFs with the aim of moving money more quickly into the hands of charities.</p><p>&#34;The Musk donation serves as a reminder that current laws allow for donors to get a tax deduction up front without any requirement that $ ever gets to the community,&#34; wrote billionaire John Arnold, a supporter of the DAF reform legislation, on Twitter. &#34;Money can sit in DAF accounts forever.&#34;</p><p>DAF providers say those criticisms are wrong. Fidelity Charitable released its 2022 giving report Tuesday, which showed that in 2021, its DAF account holders recommended &#34;a record $10.3 billion in grants, 41% more dollars than pre-pandemic giving in 2019.&#34; The report also noted that &#34;donors are recommending grants at a more rapid pace -- an average of 12.4 grants per account in 2021, compared to 7.4 a decade ago.&#34;</p><p>A spokesman for Fidelity Charitable declined to comment on Musk.</p><p>Musk could also fly under the radar with his stock donation if he put it into a charitable limited liability company, a type of giving vehicle used by philanthropists such as Meta (formerly Facebook <a href=\"https://laohu8.com/S/FB\">$(FB)$</a>) CEO Mark Zuckerberg and his wife, Priscilla Chan, and Melinda French Gates, the former wife of Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> founder Bill Gates. Charitable LLCs can make grants to nonprofits and invest in for-profit ventures, but they aren&#39;t required to publicly disclose their spending.</p><p>If Musk gave the stock directly to a nonprofit, the group wouldn&#39;t be required to publicly disclose him as the donor. Nonprofits must disclose their major donors to the IRS, but they are not required to identify those donors publicly, said Gene Takagi, a lawyer specializing in nonprofit law at NEO Law Group in San Francisco.</p><p>&#34;There are debates over the need for greater transparency, particularly with very large gifts that can shift public policy and possibly elections through permissible charity advocacy activities,&#34; Takagi siad. &#34; In my own personal opinion, the danger of less transparency, for example in the area of campaign finance, could seriously weaken our democracy.&#34;</p><p>Others say that donors should be allowed to preserve their privacy. Keeping donor information private &#34;enables potentially controversial or less popular causes to receive financial support from individuals without posing a public risk to donors,&#34; wrote Independent Sector, a coalition of nonprofits and foundations. Organizations shouldn&#39;t have to disclose their donors if they&#39;re involved in &#34;issues for which donor disclosure would create a substantial likelihood of personal harm to donors,&#34; the group said.</p><p><b>Other billionaires have been more public about recent giving</b></p><p>Billionaire philanthropist MacKenzie Scott, the former wife of Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> founder Jeff Bezos, drew criticism in December when she announced that she had made a round of donations, but didn&#39;t want to reveal the amounts she gave or the recipients. She later changed her tune and said she&#39;ll be putting together a public database showing who&#39;s received the more than $8.5 billion she&#39;s handed out since her divorce from Bezos. Some of the organizations that have received money from Scott have also gone public.</p><p>Another SEC filing made public this week showed that Henrik Fisker, chief executive and chairman of electric-vehicle maker Fisker, Inc. <a href=\"https://laohu8.com/S/FSR\">$(FSR)$</a> donated $4 million in stock to establish a foundation in the name of him and his wife, and directed $1.9 million to a donor-advised fund. Fisker, Inc. also issued a news release outlining where the money was going.</p><p>In another recent SEC filing, Austin Russell, chief executive of self-driving software company Luminar Technologies <a href=\"https://laohu8.com/S/LAZR\">$(LAZR)$</a> and considered the world&#39;s youngest self-made billionaire, disclosed that he donated 4,500,000 shares of Luminar to Central Florida Foundation, an Orlando-based community foundation. The foundation announced the $70 million gift in a press release, and the Orlando Sentinel covered the gift</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","TSLA":"特斯拉","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4555":"新能源车","BK4099":"汽车制造商"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2212694949","content_text":"Publicly announcing multi-billion-dollar gifts is a 'fundamental matter of public interest,' says one observer.Elon Musk will happily broadcast a few choice words about U.S. senators, but he's quieter when it comes to his philanthropy. There's a good chance the public may never know which charity or charities benefited from the approximately $5.7 billion in Tesla $(TSLA)$ stock Musk donated in 2021.While there are some public-disclosure laws in philanthropy, billionaire donors like Musk can easily keep the details of their giving under wraps, and it's legal for them to do so.Musk -- who signed the Giving Pledge in 2012, promising to give away most of his wealth -- doesn't send out press releases announcing his donations, though he occasionally tweets about them. Tesla doesn't typically respond to press inquiries (it did not for this story), and there's no contact information listed on Musk's foundation's bare-bones website. The Tesla stock donation was revealed in an SEC filing Monday that described the donated shares as a gift \"to charity,\" but didn't specify which one.One possible candidate is the United Nations World Food Program. Musk got into a public Twitter spat with the WFP shortly before he donated the stock, and said he would donate $6 billion to the hunger relief agency if it could show how the money would \"solve world hunger.\" A WFP spokesman initially told MarketWatch this week that it doesn't disclose donors, but allows donors to publicize their gifts themselves. The WFP's executive director later said that the group had not received any funds yet from Musk, and added that \"I am excited to hear that Elon is engaged. This is an amazing and great first step.\"At a time when billionaires are riding high and exerting growing influence over the public sphere, the lack of transparency around Musk's donation is the latest example of how elite philanthropists can evade scrutiny too easily, critics say.\"Come on. There has to be a middle-ground [between] preening, self-congratulatory mega-giving & complete non-disclosure,\" wrote philanthropy historian Ben Soskis on Twitter(TWTR) in response to the lack of information on Musk's stock donation. \"If not, we're gonna need a pretty radical overhaul of our [regulations] relating to individual giving & anonymity.\"Soskis, a senior research associate in the Center on Nonprofits and Philanthropy at the Urban Institute, added, \"If you are giving a gift of over $5 [billion], you should publicly announce where the money is going to. As a fundamental matter of public interest.\"How the public could find out where Musk's donation wentThe recipients of Musk's donation could eventually come to light if Musk gave the stock to his private foundation and the foundation liquidated it and handed out the money as grants to nonprofits. In that case, the Musk Foundation would have to publicly list its major donors and the nonprofits that received the grants in a filing with the IRS. Foundations, which exist to hand out money for public benefit, are required to file that paperwork annually.The most recent IRS filing for the Musk Foundation shows that Musk donated 11,000 Tesla shares to it in 2019. The foundation gave a $1 million grant to George Mason University \"for COVID-19 scientific research,\" made several other grants to schools and other recipients, and gave a $20.7 million donation to Fidelity Charitable, where Musk appears to keep a donor-advised fund.Why the recipients of Musk stock donation could easily stay secretThere are several other scenarios where the recipients of Musk's largesse would never be revealed. Musk may have put the money into a donor-advised fund at Fidelity Charitable. DAFs, a type of charitable giving account, function as middlemen. They hold money the donor has earmarked for charity and then distribute it to nonprofits chosen by the donor. When the nonprofits receive the money, it comes from the DAF, not the donor, and there's no paper trail connecting the donor directly to the nonprofit.DAFs have come under fire because account holders get a tax break when they put money into a DAF, but there's no deadline for when donors must distribute the money to charities. A bill recently introduced in Congress would change some of the laws around DAFs with the aim of moving money more quickly into the hands of charities.\"The Musk donation serves as a reminder that current laws allow for donors to get a tax deduction up front without any requirement that $ ever gets to the community,\" wrote billionaire John Arnold, a supporter of the DAF reform legislation, on Twitter. \"Money can sit in DAF accounts forever.\"DAF providers say those criticisms are wrong. Fidelity Charitable released its 2022 giving report Tuesday, which showed that in 2021, its DAF account holders recommended \"a record $10.3 billion in grants, 41% more dollars than pre-pandemic giving in 2019.\" The report also noted that \"donors are recommending grants at a more rapid pace -- an average of 12.4 grants per account in 2021, compared to 7.4 a decade ago.\"A spokesman for Fidelity Charitable declined to comment on Musk.Musk could also fly under the radar with his stock donation if he put it into a charitable limited liability company, a type of giving vehicle used by philanthropists such as Meta (formerly Facebook $(FB)$) CEO Mark Zuckerberg and his wife, Priscilla Chan, and Melinda French Gates, the former wife of Microsoft $(MSFT)$ founder Bill Gates. Charitable LLCs can make grants to nonprofits and invest in for-profit ventures, but they aren't required to publicly disclose their spending.If Musk gave the stock directly to a nonprofit, the group wouldn't be required to publicly disclose him as the donor. Nonprofits must disclose their major donors to the IRS, but they are not required to identify those donors publicly, said Gene Takagi, a lawyer specializing in nonprofit law at NEO Law Group in San Francisco.\"There are debates over the need for greater transparency, particularly with very large gifts that can shift public policy and possibly elections through permissible charity advocacy activities,\" Takagi siad. \" In my own personal opinion, the danger of less transparency, for example in the area of campaign finance, could seriously weaken our democracy.\"Others say that donors should be allowed to preserve their privacy. Keeping donor information private \"enables potentially controversial or less popular causes to receive financial support from individuals without posing a public risk to donors,\" wrote Independent Sector, a coalition of nonprofits and foundations. Organizations shouldn't have to disclose their donors if they're involved in \"issues for which donor disclosure would create a substantial likelihood of personal harm to donors,\" the group said.Other billionaires have been more public about recent givingBillionaire philanthropist MacKenzie Scott, the former wife of Amazon $(AMZN)$ founder Jeff Bezos, drew criticism in December when she announced that she had made a round of donations, but didn't want to reveal the amounts she gave or the recipients. She later changed her tune and said she'll be putting together a public database showing who's received the more than $8.5 billion she's handed out since her divorce from Bezos. Some of the organizations that have received money from Scott have also gone public.Another SEC filing made public this week showed that Henrik Fisker, chief executive and chairman of electric-vehicle maker Fisker, Inc. $(FSR)$ donated $4 million in stock to establish a foundation in the name of him and his wife, and directed $1.9 million to a donor-advised fund. Fisker, Inc. also issued a news release outlining where the money was going.In another recent SEC filing, Austin Russell, chief executive of self-driving software company Luminar Technologies $(LAZR)$ and considered the world's youngest self-made billionaire, disclosed that he donated 4,500,000 shares of Luminar to Central Florida Foundation, an Orlando-based community foundation. The foundation announced the $70 million gift in a press release, and the Orlando Sentinel covered the gift","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9010027459,"gmtCreate":1648214251613,"gmtModify":1676534317690,"author":{"id":"4101210865269940","authorId":"4101210865269940","name":"jonjongeorge","avatar":"https://static.tigerbbs.com/f2c799f333d78624b3a2a0dffef3a618","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101210865269940","authorIdStr":"4101210865269940"},"themes":[],"htmlText":"Up up up","listText":"Up up up","text":"Up up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010027459","repostId":"1178857355","repostType":4,"repost":{"id":"1178857355","kind":"news","pubTimestamp":1648213840,"share":"https://ttm.financial/m/news/1178857355?lang=&edition=fundamental","pubTime":"2022-03-25 21:10","market":"us","language":"en","title":"Yellen Sees No Weakness in U.S. Economy, Even With Global Growth Dented","url":"https://stock-news.laohu8.com/highlight/detail?id=1178857355","media":"Bloomberg","summary":"Treasury Secretary Janet Yellen said she expects the U.S. economy to remain resilient even as higher","content":"<html><head></head><body><p>Treasury Secretary Janet Yellen said she expects the U.S. economy to remain resilient even as higher energy and commodity costs, triggered by Russia’s invasion of Ukraine, dent the outlook for global growth.</p><p>“We have an immensely strong job market,” Yellen said when asked in a CNBC interview Friday about signs of weakness in the U.S. economy. “When you look at the balance sheet of the typical American family, it is in very good shape. Consumer spending is strong and tax revenues have frankly been surprising to the upside.”</p><p>The Treasury chief said she’s “concerned about spillovers” to other countries, particularly those dependent on wheat imports. The rise in energy prices and other goods, she said, is “likely reduce prospects for global growth over the next year.”</p><p>On the impact of higher energy prices, she pointed out the U.S. is a net exporter, and so the effect will be mixed.</p><p>“Oil prices obviously impose significant burdens on American families, but it’s also likely to, on balance, be offset in the impact on spending by faster drilling expenditures,” she said.</p><p>Yellen separately said that it was not time to sanction China over its partnership with Russia. President Joe Biden has warned Beijing of unspecified consequences if China supports Russia, either militarily or by helping it avoid the impact of sanctions.</p><p>“I don’t think that that’s necessary or appropriate at this point,” Yellen said of sanctions. “We would be very concerned if they were to supply weapons to Russia, or try to evade the sanctions that we’ve put in place on the Russian financial system and the central bank. We don’t see that happening at this point.”</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>Yellen Sees No Weakness in U.S. Economy, Even With Global Growth Dented</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\">\nYellen Sees No Weakness in U.S. Economy, Even With Global Growth Dented\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-25 21:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/yellen-sees-no-weakness-u-125947427.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Treasury Secretary Janet Yellen said she expects the U.S. economy to remain resilient even as higher energy and commodity costs, triggered by Russia’s invasion of Ukraine, dent the outlook for global ...</p>\n\n<a href=\"https://finance.yahoo.com/news/yellen-sees-no-weakness-u-125947427.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/yellen-sees-no-weakness-u-125947427.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178857355","content_text":"Treasury Secretary Janet Yellen said she expects the U.S. economy to remain resilient even as higher energy and commodity costs, triggered by Russia’s invasion of Ukraine, dent the outlook for global growth.“We have an immensely strong job market,” Yellen said when asked in a CNBC interview Friday about signs of weakness in the U.S. economy. “When you look at the balance sheet of the typical American family, it is in very good shape. Consumer spending is strong and tax revenues have frankly been surprising to the upside.”The Treasury chief said she’s “concerned about spillovers” to other countries, particularly those dependent on wheat imports. The rise in energy prices and other goods, she said, is “likely reduce prospects for global growth over the next year.”On the impact of higher energy prices, she pointed out the U.S. is a net exporter, and so the effect will be mixed.“Oil prices obviously impose significant burdens on American families, but it’s also likely to, on balance, be offset in the impact on spending by faster drilling expenditures,” she said.Yellen separately said that it was not time to sanction China over its partnership with Russia. President Joe Biden has warned Beijing of unspecified consequences if China supports Russia, either militarily or by helping it avoid the impact of sanctions.“I don’t think that that’s necessary or appropriate at this point,” Yellen said of sanctions. “We would be very concerned if they were to supply weapons to Russia, or try to evade the sanctions that we’ve put in place on the Russian financial system and the central bank. We don’t see that happening at this point.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039748241,"gmtCreate":1646139142003,"gmtModify":1676534094956,"author":{"id":"4101210865269940","authorId":"4101210865269940","name":"jonjongeorge","avatar":"https://static.tigerbbs.com/f2c799f333d78624b3a2a0dffef3a618","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101210865269940","authorIdStr":"4101210865269940"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039748241","repostId":"2214168940","repostType":4,"repost":{"id":"2214168940","kind":"highlight","pubTimestamp":1646127738,"share":"https://ttm.financial/m/news/2214168940?lang=&edition=fundamental","pubTime":"2022-03-01 17:42","market":"us","language":"en","title":"3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2214168940","media":"motleyfool","summary":"Cybersecurity has never been more important, and these companies are the leaders in their respective spaces.","content":"<html><head></head><body><p>With the ongoing shift toward a hybrid work environment, it has never been more important for companies to ensure their servers and workers are protected from cybersecurity threats. A breach could be quite costly and undermine any trust the business had built with its user base. Some experts are now advising companies they will need to focus at least 10% to 15% of their IT budget on cybersecurity. This increased spending will create a huge business opportunity for companies devoted to cybersecurity.</p><p>Three cybersecurity stocks with great upside potential are <b>Cloudflare</b> (NYSE:NET), <b>Crowdstrike</b> (NASDAQ:CRWD), and <b>Okta</b> (NASDAQ:OKTA). These businesses approach security in different ways and don&#39;t compete with each other. Instead, their solutions interact to create a secure customer experience.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a2e76361cd5fd7b5517ea2038d730326\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>1. Cloudflare</h2><p>While security isn&#39;t Cloudflare&#39;s primary objective, it complements its primary task. Cloudflare is on a mission to build a better internet and is doing so by building data centers across the world for customers to host their websites. By storing and managing copies of customers&#39; code and content in Cloudflare&#39;s data centers spread around the globe, its customers can deliver faster access to the content to their own customers.</p><p>On the security side, Cloudflare prevents multiple types of attacks that customers who manage their own servers often have trouble combatting. Cloudflare strives to give its customers the fastest, most reliable, and most secure way to host a website.</p><p>Cloudflare recently reported its full-year 2021 results that showed annual revenue grew 52% to $656.4 million and produced $43.1 million in free cash flow (FCF), adding to its $1.82 billion cash stockpile. While still unprofitable, Cloudflare has made great strides in improving its margins over the past three years.</p><table border=\"1\"><tbody><tr><th>Cloudflare Fiscal Year</th><th>Operating Margin</th></tr><tr><td>2019</td><td>(25%)</td></tr><tr><td>2020</td><td>(8%)</td></tr><tr><td>2021</td><td>(1%)</td></tr></tbody></table><p>Source: Cloudflare.</p><p>In the most recent report, management gave strong 2022 guidance, projecting sales to rise 41.5% for the year and predicting a positive operating margin. With a Cloudflare-estimated $86 billion total addressable market opportunity, it has a huge growth runway for many years to come.</p><h2>2. Crowdstrike</h2><p>Cybersecurity isn&#39;t a new thing -- it&#39;s been around almost as long as computers have. However, with the transition to cloud computing, existing providers have had difficulty adapting security toward the new cloud era. Crowdstrike was founded as a cloud-first business and is succeeding in its mission to stop breaches.</p><p>Its Falcon platform has multiple modules that businesses can add to unlock new functionality, but at its core, it protects endpoints (such as computers or phones) from attacks. It does this by capturing more than 1 trillion events daily and using the information to continuously evolve the program using artificial intelligence. If <a href=\"https://laohu8.com/S/AONE.U\">one</a> business is attacked in a certain manner, Crowdstrike instantly ensures <i>every</i> customer is protected from that type of threat.</p><p>Crowdstrike has captured many significant customers, with 63 of the Fortune 100 and 14 of the top 20 banks using its software. It also has a vast recurring revenue stream, with its fiscal 2022 third-quarter (ended Oct. 31) annual recurring revenue increasing 67% year over year to now total $1.51 billion. Crowdstrike has upsold customers to use more modules. In Q3, 68% of its customers use four or more which is up from 61% one year ago.</p><p>With Crowdstrike&#39;s expanding product suite and customer acquisition potential, there is significant sales growth ahead for this cloud security provider.</p><h2>3. Okta</h2><p>Okta&#39;s security solution focuses on identity management. Its tools give customers the ability to ensure those who are accessing a network or account are who they say they are. Through multifactor authentication and zero-trust security, Okta builds trust with customers and gives employers confidence in letting their employees work from anywhere.</p><p>Sticking with the trend the previous two companies set, Okta also reported fantastic fiscal 2022 Q3 (ended Oct. 31) results. Revenue was up 61% year over year to $351 million, and remaining performance obligations rose 49% to $2.35 billion. Management also excited investors with guidance that projects its 2026 fiscal year (ending Jan. 31, 2026) annual revenue will exceed $4 billion and its FCF margin will be 20%.</p><p>Including projections for the recently completed fiscal year 2022, Okta has grown its revenue at a 47% annual rate over the last four years. If it accomplishes its revenue goal for fiscal 2026, Okta will have grown its revenue at a 33% clip over the coming four years. Growing at a sustained rapid rate can provide incredible shareholder returns, making Okta a fantastic candidate to buy and hold over the next decade.</p><h2>Investor takeaway</h2><p>With short-term fear dominating market sentiment right now, these high-growth, unprofitable stocks have taken the full force of the market&#39;s wrath. With each stock down a minimum of 39% from its 52-week high, each can be purchased at a steep discount. Cybersecurity has long-term industry tailwinds; growth investors wanting exposure to this industry should consider purchasing all three stocks and holding them for a minimum of three to five years. With the growth these companies have ahead, a decade would be even better to see potentially life-changing returns.</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>3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-01 17:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/02/28/cybersecurity-stocks-you-can-buy-hold-for-decade/><strong>motleyfool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the ongoing shift toward a hybrid work environment, it has never been more important for companies to ensure their servers and workers are protected from cybersecurity threats. A breach could be ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/02/28/cybersecurity-stocks-you-can-buy-hold-for-decade/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","CRWD":"CrowdStrike Holdings, Inc.","OKTA":"Okta Inc.","BK4211":"区域性银行","BK4097":"系统软件","BK4532":"文艺复兴科技持仓","BK4116":"互联网服务与基础架构","BK4528":"SaaS概念","BK4560":"网络安全概念","FCF":"第一联邦金融","NET":"Cloudflare, Inc.","BK4554":"元宇宙及AR概念"},"source_url":"https://www.fool.com/investing/2022/02/28/cybersecurity-stocks-you-can-buy-hold-for-decade/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2214168940","content_text":"With the ongoing shift toward a hybrid work environment, it has never been more important for companies to ensure their servers and workers are protected from cybersecurity threats. A breach could be quite costly and undermine any trust the business had built with its user base. Some experts are now advising companies they will need to focus at least 10% to 15% of their IT budget on cybersecurity. This increased spending will create a huge business opportunity for companies devoted to cybersecurity.Three cybersecurity stocks with great upside potential are Cloudflare (NYSE:NET), Crowdstrike (NASDAQ:CRWD), and Okta (NASDAQ:OKTA). These businesses approach security in different ways and don't compete with each other. Instead, their solutions interact to create a secure customer experience.Image source: Getty Images.1. CloudflareWhile security isn't Cloudflare's primary objective, it complements its primary task. Cloudflare is on a mission to build a better internet and is doing so by building data centers across the world for customers to host their websites. By storing and managing copies of customers' code and content in Cloudflare's data centers spread around the globe, its customers can deliver faster access to the content to their own customers.On the security side, Cloudflare prevents multiple types of attacks that customers who manage their own servers often have trouble combatting. Cloudflare strives to give its customers the fastest, most reliable, and most secure way to host a website.Cloudflare recently reported its full-year 2021 results that showed annual revenue grew 52% to $656.4 million and produced $43.1 million in free cash flow (FCF), adding to its $1.82 billion cash stockpile. While still unprofitable, Cloudflare has made great strides in improving its margins over the past three years.Cloudflare Fiscal YearOperating Margin2019(25%)2020(8%)2021(1%)Source: Cloudflare.In the most recent report, management gave strong 2022 guidance, projecting sales to rise 41.5% for the year and predicting a positive operating margin. With a Cloudflare-estimated $86 billion total addressable market opportunity, it has a huge growth runway for many years to come.2. CrowdstrikeCybersecurity isn't a new thing -- it's been around almost as long as computers have. However, with the transition to cloud computing, existing providers have had difficulty adapting security toward the new cloud era. Crowdstrike was founded as a cloud-first business and is succeeding in its mission to stop breaches.Its Falcon platform has multiple modules that businesses can add to unlock new functionality, but at its core, it protects endpoints (such as computers or phones) from attacks. It does this by capturing more than 1 trillion events daily and using the information to continuously evolve the program using artificial intelligence. If one business is attacked in a certain manner, Crowdstrike instantly ensures every customer is protected from that type of threat.Crowdstrike has captured many significant customers, with 63 of the Fortune 100 and 14 of the top 20 banks using its software. It also has a vast recurring revenue stream, with its fiscal 2022 third-quarter (ended Oct. 31) annual recurring revenue increasing 67% year over year to now total $1.51 billion. Crowdstrike has upsold customers to use more modules. In Q3, 68% of its customers use four or more which is up from 61% one year ago.With Crowdstrike's expanding product suite and customer acquisition potential, there is significant sales growth ahead for this cloud security provider.3. OktaOkta's security solution focuses on identity management. Its tools give customers the ability to ensure those who are accessing a network or account are who they say they are. Through multifactor authentication and zero-trust security, Okta builds trust with customers and gives employers confidence in letting their employees work from anywhere.Sticking with the trend the previous two companies set, Okta also reported fantastic fiscal 2022 Q3 (ended Oct. 31) results. Revenue was up 61% year over year to $351 million, and remaining performance obligations rose 49% to $2.35 billion. Management also excited investors with guidance that projects its 2026 fiscal year (ending Jan. 31, 2026) annual revenue will exceed $4 billion and its FCF margin will be 20%.Including projections for the recently completed fiscal year 2022, Okta has grown its revenue at a 47% annual rate over the last four years. If it accomplishes its revenue goal for fiscal 2026, Okta will have grown its revenue at a 33% clip over the coming four years. Growing at a sustained rapid rate can provide incredible shareholder returns, making Okta a fantastic candidate to buy and hold over the next decade.Investor takeawayWith short-term fear dominating market sentiment right now, these high-growth, unprofitable stocks have taken the full force of the market's wrath. With each stock down a minimum of 39% from its 52-week high, each can be purchased at a steep discount. Cybersecurity has long-term industry tailwinds; growth investors wanting exposure to this industry should consider purchasing all three stocks and holding them for a minimum of three to five years. With the growth these companies have ahead, a decade would be even better to see potentially life-changing returns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":623,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9018765858,"gmtCreate":1649093926102,"gmtModify":1676534449277,"author":{"id":"4101210865269940","authorId":"4101210865269940","name":"jonjongeorge","avatar":"https://static.tigerbbs.com/f2c799f333d78624b3a2a0dffef3a618","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101210865269940","authorIdStr":"4101210865269940"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018765858","repostId":"1169119264","repostType":4,"repost":{"id":"1169119264","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1649079176,"share":"https://ttm.financial/m/news/1169119264?lang=&edition=fundamental","pubTime":"2022-04-04 21:32","market":"us","language":"en","title":"Stocks Are Flat to Start Week as Investors Assess Recession Odds, Higher Oil Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1169119264","media":"Tiger Newspress","summary":"U.S. stocks were mostly flat Monday as traders monitor the bond market’s warning signals about the e","content":"<html><head></head><body><p>U.S. stocks were mostly flat Monday as traders monitor the bond market’s warning signals about the economy and higher oil prices.</p><p>Futures contracts tied to the Dow Jones Industrial Average traded 20 points lower. S&amp;P 500 futures were flat and Nasdaq 100 futures advanced 0.2%.</p><p>Twitter shares surged more than 25% after SEC filings revealed Elon Musk purchased a more than 9% passive stake in the social media company. It comes less than a week after Musk polled his followers, questioning whether the social media giant follows free speech principles. Based on Twitter’s Friday closing price, the stake is worth $2.89 billion.</p><p>Tesla shares ticked 1% higher after the company reported on Saturday its latest quarterly electric vehicle delivery figures. The company delivered more than 310,000 EVs in the first quarter, up from 184,800 in the year-earlier period. Starbucks shares also dipped about 1% after the coffee chain suspended its share repurchase program.</p><p>An often-cited recession signal was triggered Thursday evening when the 2-year and 10-year Treasury yields inverted for the first time since 2019. The 5-year note yield is also trading above its 30-year counterpart.</p><p>“We think the current flattening is due to the concern that the Fed is behind the curve on hikes and will tighten policy beyond neutral, which will hurt growth,” TD Securities said in a note to clients.</p><p>Meanwhile, oil moved higher with WTI crude jumping 3% and back above $100 a barrel. Brent crude rose about 2.6%.</p><p>Investors continue to watch the latest developments in Ukraine. German Chancellor Olaf Scholz said Sunday that Western nations will impose additional sanctions on Russia in the coming days.</p><p>“Equity and bond markets continued to send conflicting signals about the economic outlook,” UBS said in a recent note to clients. “We caution against over-interpreting either signal. Yield curve inversions have historically predicted recessions with a long and uncertain lag, while hopes over cease-fire talks have ebbed and flowed,” the firm added.</p><p>Wall Street is coming off a winning session, with the Dow, S&amp;P 500 and Nasdaq all posting gains Friday. The S&amp;P 500 also posted its third straight week of gains.</p><p>Seasonally, April is generally one of the best months for stocks, edging higher in the last 20 years by 2.41% on average, MKM Partners’ JC O’Hara wrote in a note. Within 16 of the last 17 Aprils, the S&amp;P has also inched higher.</p><p>Friday’s positive session came despite March’s employment report, which fell short of economists’ estimates. The U.S. economy added 431,000 jobs during the month, while estimates from Dow Jones called for 490,000.</p><p>“Strong gains on the employment front continue to signal a green light for investors despite multi-decade highs in inflation and concerns over higher rates and Fed tightening,” noted Peter Essele, head of portfolio management for Commonwealth Financial Network. “The economy appears to be in exit velocity mode, with the only concern being the amount of labor supply available to fuel the robust recovery,” he added.</p><p>On Wednesday the Federal Open Market Committee will publish the minutes from the central bank’s March meeting, giving investors a deeper understanding into how the Fed views market conditions.</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>Stocks Are Flat to Start Week as Investors Assess Recession Odds, Higher Oil Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Are Flat to Start Week as Investors Assess Recession Odds, Higher Oil Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-04 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stocks were mostly flat Monday as traders monitor the bond market’s warning signals about the economy and higher oil prices.</p><p>Futures contracts tied to the Dow Jones Industrial Average traded 20 points lower. S&amp;P 500 futures were flat and Nasdaq 100 futures advanced 0.2%.</p><p>Twitter shares surged more than 25% after SEC filings revealed Elon Musk purchased a more than 9% passive stake in the social media company. It comes less than a week after Musk polled his followers, questioning whether the social media giant follows free speech principles. Based on Twitter’s Friday closing price, the stake is worth $2.89 billion.</p><p>Tesla shares ticked 1% higher after the company reported on Saturday its latest quarterly electric vehicle delivery figures. The company delivered more than 310,000 EVs in the first quarter, up from 184,800 in the year-earlier period. Starbucks shares also dipped about 1% after the coffee chain suspended its share repurchase program.</p><p>An often-cited recession signal was triggered Thursday evening when the 2-year and 10-year Treasury yields inverted for the first time since 2019. The 5-year note yield is also trading above its 30-year counterpart.</p><p>“We think the current flattening is due to the concern that the Fed is behind the curve on hikes and will tighten policy beyond neutral, which will hurt growth,” TD Securities said in a note to clients.</p><p>Meanwhile, oil moved higher with WTI crude jumping 3% and back above $100 a barrel. Brent crude rose about 2.6%.</p><p>Investors continue to watch the latest developments in Ukraine. German Chancellor Olaf Scholz said Sunday that Western nations will impose additional sanctions on Russia in the coming days.</p><p>“Equity and bond markets continued to send conflicting signals about the economic outlook,” UBS said in a recent note to clients. “We caution against over-interpreting either signal. Yield curve inversions have historically predicted recessions with a long and uncertain lag, while hopes over cease-fire talks have ebbed and flowed,” the firm added.</p><p>Wall Street is coming off a winning session, with the Dow, S&amp;P 500 and Nasdaq all posting gains Friday. The S&amp;P 500 also posted its third straight week of gains.</p><p>Seasonally, April is generally one of the best months for stocks, edging higher in the last 20 years by 2.41% on average, MKM Partners’ JC O’Hara wrote in a note. Within 16 of the last 17 Aprils, the S&amp;P has also inched higher.</p><p>Friday’s positive session came despite March’s employment report, which fell short of economists’ estimates. The U.S. economy added 431,000 jobs during the month, while estimates from Dow Jones called for 490,000.</p><p>“Strong gains on the employment front continue to signal a green light for investors despite multi-decade highs in inflation and concerns over higher rates and Fed tightening,” noted Peter Essele, head of portfolio management for Commonwealth Financial Network. “The economy appears to be in exit velocity mode, with the only concern being the amount of labor supply available to fuel the robust recovery,” he added.</p><p>On Wednesday the Federal Open Market Committee will publish the minutes from the central bank’s March meeting, giving investors a deeper understanding into how the Fed views market conditions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169119264","content_text":"U.S. stocks were mostly flat Monday as traders monitor the bond market’s warning signals about the economy and higher oil prices.Futures contracts tied to the Dow Jones Industrial Average traded 20 points lower. S&P 500 futures were flat and Nasdaq 100 futures advanced 0.2%.Twitter shares surged more than 25% after SEC filings revealed Elon Musk purchased a more than 9% passive stake in the social media company. It comes less than a week after Musk polled his followers, questioning whether the social media giant follows free speech principles. Based on Twitter’s Friday closing price, the stake is worth $2.89 billion.Tesla shares ticked 1% higher after the company reported on Saturday its latest quarterly electric vehicle delivery figures. The company delivered more than 310,000 EVs in the first quarter, up from 184,800 in the year-earlier period. Starbucks shares also dipped about 1% after the coffee chain suspended its share repurchase program.An often-cited recession signal was triggered Thursday evening when the 2-year and 10-year Treasury yields inverted for the first time since 2019. The 5-year note yield is also trading above its 30-year counterpart.“We think the current flattening is due to the concern that the Fed is behind the curve on hikes and will tighten policy beyond neutral, which will hurt growth,” TD Securities said in a note to clients.Meanwhile, oil moved higher with WTI crude jumping 3% and back above $100 a barrel. Brent crude rose about 2.6%.Investors continue to watch the latest developments in Ukraine. German Chancellor Olaf Scholz said Sunday that Western nations will impose additional sanctions on Russia in the coming days.“Equity and bond markets continued to send conflicting signals about the economic outlook,” UBS said in a recent note to clients. “We caution against over-interpreting either signal. Yield curve inversions have historically predicted recessions with a long and uncertain lag, while hopes over cease-fire talks have ebbed and flowed,” the firm added.Wall Street is coming off a winning session, with the Dow, S&P 500 and Nasdaq all posting gains Friday. The S&P 500 also posted its third straight week of gains.Seasonally, April is generally one of the best months for stocks, edging higher in the last 20 years by 2.41% on average, MKM Partners’ JC O’Hara wrote in a note. Within 16 of the last 17 Aprils, the S&P has also inched higher.Friday’s positive session came despite March’s employment report, which fell short of economists’ estimates. The U.S. economy added 431,000 jobs during the month, while estimates from Dow Jones called for 490,000.“Strong gains on the employment front continue to signal a green light for investors despite multi-decade highs in inflation and concerns over higher rates and Fed tightening,” noted Peter Essele, head of portfolio management for Commonwealth Financial Network. “The economy appears to be in exit velocity mode, with the only concern being the amount of labor supply available to fuel the robust recovery,” he added.On Wednesday the Federal Open Market Committee will publish the minutes from the central bank’s March meeting, giving investors a deeper understanding into how the Fed views market conditions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9094549130,"gmtCreate":1645193697457,"gmtModify":1676534007562,"author":{"id":"4101210865269940","authorId":"4101210865269940","name":"jonjongeorge","avatar":"https://static.tigerbbs.com/f2c799f333d78624b3a2a0dffef3a618","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101210865269940","authorIdStr":"4101210865269940"},"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/post/9094549130","repostId":"2212694949","repostType":2,"repost":{"id":"2212694949","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1645174320,"share":"https://ttm.financial/m/news/2212694949?lang=&edition=fundamental","pubTime":"2022-02-18 16:52","market":"us","language":"en","title":"Elon Musk's $5.7 Billion Secret -- Why We May Never Find out Who Benefited from His Tesla Stock Donation","url":"https://stock-news.laohu8.com/highlight/detail?id=2212694949","media":"Dow Jones","summary":"Publicly announcing multi-billion-dollar gifts is a 'fundamental matter of public interest,' says on","content":"<html><head></head><body><p>Publicly announcing multi-billion-dollar gifts is a &#39;fundamental matter of public interest,&#39; says <a href=\"https://laohu8.com/S/AONE.U\">one</a> observer.</p><p>Elon Musk will happily broadcast a few choice words about U.S. senators, but he&#39;s quieter when it comes to his philanthropy. There&#39;s a good chance the public may never know which charity or charities benefited from the approximately $5.7 billion in Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> stock Musk donated in 2021.</p><p>While there are some public-disclosure laws in philanthropy, billionaire donors like Musk can easily keep the details of their giving under wraps, and it&#39;s legal for them to do so.</p><p>Musk -- who signed the Giving Pledge in 2012, promising to give away most of his wealth -- doesn&#39;t send out press releases announcing his donations, though he occasionally tweets about them. Tesla doesn&#39;t typically respond to press inquiries (it did not for this story), and there&#39;s no contact information listed on Musk&#39;s foundation&#39;s bare-bones website. The Tesla stock donation was revealed in an SEC filing Monday that described the donated shares as a gift &#34;to charity,&#34; but didn&#39;t specify which one.</p><p>One possible candidate is the United Nations World Food Program. Musk got into a public <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> spat with the WFP shortly before he donated the stock, and said he would donate $6 billion to the hunger relief agency if it could show how the money would &#34;solve world hunger.&#34; A WFP spokesman initially told MarketWatch this week that it doesn&#39;t disclose donors, but allows donors to publicize their gifts themselves. The WFP&#39;s executive director later said that the group had not received any funds yet from Musk, and added that &#34;I am excited to hear that Elon is engaged. This is an amazing and great first step.&#34;</p><p>At a time when billionaires are riding high and exerting growing influence over the public sphere, the lack of transparency around Musk&#39;s donation is the latest example of how elite philanthropists can evade scrutiny too easily, critics say.</p><p>&#34;Come on. There has to be a middle-ground [between] preening, self-congratulatory mega-giving &amp; complete non-disclosure,&#34; wrote philanthropy historian Ben Soskis on Twitter(TWTR) in response to the lack of information on Musk&#39;s stock donation. &#34;If not, we&#39;re gonna need a pretty radical overhaul of our [regulations] relating to individual giving &amp; anonymity.&#34;</p><p>Soskis, a senior research associate in the Center on Nonprofits and Philanthropy at the Urban Institute, added, &#34;If you are giving a gift of over $5 [billion], you should publicly announce where the money is going to. As a fundamental matter of public interest.&#34;</p><p><b>How the public could find out where Musk&#39;s donation went</b></p><p>The recipients of Musk&#39;s donation could eventually come to light if Musk gave the stock to his private foundation and the foundation liquidated it and handed out the money as grants to nonprofits. In that case, the Musk Foundation would have to publicly list its major donors and the nonprofits that received the grants in a filing with the IRS. Foundations, which exist to hand out money for public benefit, are required to file that paperwork annually.</p><p>The most recent IRS filing for the Musk Foundation shows that Musk donated 11,000 Tesla shares to it in 2019. The foundation gave a $1 million grant to George Mason University &#34;for COVID-19 scientific research,&#34; made several other grants to schools and other recipients, and gave a $20.7 million donation to Fidelity Charitable, where Musk appears to keep a donor-advised fund.</p><p><b>Why the recipients of Musk stock donation could easily stay secret</b></p><p>There are several other scenarios where the recipients of Musk&#39;s largesse would never be revealed. Musk may have put the money into a donor-advised fund at Fidelity Charitable. DAFs, a type of charitable giving account, function as middlemen. They hold money the donor has earmarked for charity and then distribute it to nonprofits chosen by the donor. When the nonprofits receive the money, it comes from the DAF, not the donor, and there&#39;s no paper trail connecting the donor directly to the nonprofit.</p><p>DAFs have come under fire because account holders get a tax break when they put money into a DAF, but there&#39;s no deadline for when donors must distribute the money to charities. A bill recently introduced in Congress would change some of the laws around DAFs with the aim of moving money more quickly into the hands of charities.</p><p>&#34;The Musk donation serves as a reminder that current laws allow for donors to get a tax deduction up front without any requirement that $ ever gets to the community,&#34; wrote billionaire John Arnold, a supporter of the DAF reform legislation, on Twitter. &#34;Money can sit in DAF accounts forever.&#34;</p><p>DAF providers say those criticisms are wrong. Fidelity Charitable released its 2022 giving report Tuesday, which showed that in 2021, its DAF account holders recommended &#34;a record $10.3 billion in grants, 41% more dollars than pre-pandemic giving in 2019.&#34; The report also noted that &#34;donors are recommending grants at a more rapid pace -- an average of 12.4 grants per account in 2021, compared to 7.4 a decade ago.&#34;</p><p>A spokesman for Fidelity Charitable declined to comment on Musk.</p><p>Musk could also fly under the radar with his stock donation if he put it into a charitable limited liability company, a type of giving vehicle used by philanthropists such as Meta (formerly Facebook <a href=\"https://laohu8.com/S/FB\">$(FB)$</a>) CEO Mark Zuckerberg and his wife, Priscilla Chan, and Melinda French Gates, the former wife of Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> founder Bill Gates. Charitable LLCs can make grants to nonprofits and invest in for-profit ventures, but they aren&#39;t required to publicly disclose their spending.</p><p>If Musk gave the stock directly to a nonprofit, the group wouldn&#39;t be required to publicly disclose him as the donor. Nonprofits must disclose their major donors to the IRS, but they are not required to identify those donors publicly, said Gene Takagi, a lawyer specializing in nonprofit law at NEO Law Group in San Francisco.</p><p>&#34;There are debates over the need for greater transparency, particularly with very large gifts that can shift public policy and possibly elections through permissible charity advocacy activities,&#34; Takagi siad. &#34; In my own personal opinion, the danger of less transparency, for example in the area of campaign finance, could seriously weaken our democracy.&#34;</p><p>Others say that donors should be allowed to preserve their privacy. Keeping donor information private &#34;enables potentially controversial or less popular causes to receive financial support from individuals without posing a public risk to donors,&#34; wrote Independent Sector, a coalition of nonprofits and foundations. Organizations shouldn&#39;t have to disclose their donors if they&#39;re involved in &#34;issues for which donor disclosure would create a substantial likelihood of personal harm to donors,&#34; the group said.</p><p><b>Other billionaires have been more public about recent giving</b></p><p>Billionaire philanthropist MacKenzie Scott, the former wife of Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> founder Jeff Bezos, drew criticism in December when she announced that she had made a round of donations, but didn&#39;t want to reveal the amounts she gave or the recipients. She later changed her tune and said she&#39;ll be putting together a public database showing who&#39;s received the more than $8.5 billion she&#39;s handed out since her divorce from Bezos. Some of the organizations that have received money from Scott have also gone public.</p><p>Another SEC filing made public this week showed that Henrik Fisker, chief executive and chairman of electric-vehicle maker Fisker, Inc. <a href=\"https://laohu8.com/S/FSR\">$(FSR)$</a> donated $4 million in stock to establish a foundation in the name of him and his wife, and directed $1.9 million to a donor-advised fund. Fisker, Inc. also issued a news release outlining where the money was going.</p><p>In another recent SEC filing, Austin Russell, chief executive of self-driving software company Luminar Technologies <a href=\"https://laohu8.com/S/LAZR\">$(LAZR)$</a> and considered the world&#39;s youngest self-made billionaire, disclosed that he donated 4,500,000 shares of Luminar to Central Florida Foundation, an Orlando-based community foundation. The foundation announced the $70 million gift in a press release, and the Orlando Sentinel covered the gift</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's $5.7 Billion Secret -- Why We May Never Find out Who Benefited from His Tesla Stock Donation</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's $5.7 Billion Secret -- Why We May Never Find out Who Benefited from His Tesla Stock Donation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-02-18 16:52</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Publicly announcing multi-billion-dollar gifts is a &#39;fundamental matter of public interest,&#39; says <a href=\"https://laohu8.com/S/AONE.U\">one</a> observer.</p><p>Elon Musk will happily broadcast a few choice words about U.S. senators, but he&#39;s quieter when it comes to his philanthropy. There&#39;s a good chance the public may never know which charity or charities benefited from the approximately $5.7 billion in Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> stock Musk donated in 2021.</p><p>While there are some public-disclosure laws in philanthropy, billionaire donors like Musk can easily keep the details of their giving under wraps, and it&#39;s legal for them to do so.</p><p>Musk -- who signed the Giving Pledge in 2012, promising to give away most of his wealth -- doesn&#39;t send out press releases announcing his donations, though he occasionally tweets about them. Tesla doesn&#39;t typically respond to press inquiries (it did not for this story), and there&#39;s no contact information listed on Musk&#39;s foundation&#39;s bare-bones website. The Tesla stock donation was revealed in an SEC filing Monday that described the donated shares as a gift &#34;to charity,&#34; but didn&#39;t specify which one.</p><p>One possible candidate is the United Nations World Food Program. Musk got into a public <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> spat with the WFP shortly before he donated the stock, and said he would donate $6 billion to the hunger relief agency if it could show how the money would &#34;solve world hunger.&#34; A WFP spokesman initially told MarketWatch this week that it doesn&#39;t disclose donors, but allows donors to publicize their gifts themselves. The WFP&#39;s executive director later said that the group had not received any funds yet from Musk, and added that &#34;I am excited to hear that Elon is engaged. This is an amazing and great first step.&#34;</p><p>At a time when billionaires are riding high and exerting growing influence over the public sphere, the lack of transparency around Musk&#39;s donation is the latest example of how elite philanthropists can evade scrutiny too easily, critics say.</p><p>&#34;Come on. There has to be a middle-ground [between] preening, self-congratulatory mega-giving &amp; complete non-disclosure,&#34; wrote philanthropy historian Ben Soskis on Twitter(TWTR) in response to the lack of information on Musk&#39;s stock donation. &#34;If not, we&#39;re gonna need a pretty radical overhaul of our [regulations] relating to individual giving &amp; anonymity.&#34;</p><p>Soskis, a senior research associate in the Center on Nonprofits and Philanthropy at the Urban Institute, added, &#34;If you are giving a gift of over $5 [billion], you should publicly announce where the money is going to. As a fundamental matter of public interest.&#34;</p><p><b>How the public could find out where Musk&#39;s donation went</b></p><p>The recipients of Musk&#39;s donation could eventually come to light if Musk gave the stock to his private foundation and the foundation liquidated it and handed out the money as grants to nonprofits. In that case, the Musk Foundation would have to publicly list its major donors and the nonprofits that received the grants in a filing with the IRS. Foundations, which exist to hand out money for public benefit, are required to file that paperwork annually.</p><p>The most recent IRS filing for the Musk Foundation shows that Musk donated 11,000 Tesla shares to it in 2019. The foundation gave a $1 million grant to George Mason University &#34;for COVID-19 scientific research,&#34; made several other grants to schools and other recipients, and gave a $20.7 million donation to Fidelity Charitable, where Musk appears to keep a donor-advised fund.</p><p><b>Why the recipients of Musk stock donation could easily stay secret</b></p><p>There are several other scenarios where the recipients of Musk&#39;s largesse would never be revealed. Musk may have put the money into a donor-advised fund at Fidelity Charitable. DAFs, a type of charitable giving account, function as middlemen. They hold money the donor has earmarked for charity and then distribute it to nonprofits chosen by the donor. When the nonprofits receive the money, it comes from the DAF, not the donor, and there&#39;s no paper trail connecting the donor directly to the nonprofit.</p><p>DAFs have come under fire because account holders get a tax break when they put money into a DAF, but there&#39;s no deadline for when donors must distribute the money to charities. A bill recently introduced in Congress would change some of the laws around DAFs with the aim of moving money more quickly into the hands of charities.</p><p>&#34;The Musk donation serves as a reminder that current laws allow for donors to get a tax deduction up front without any requirement that $ ever gets to the community,&#34; wrote billionaire John Arnold, a supporter of the DAF reform legislation, on Twitter. &#34;Money can sit in DAF accounts forever.&#34;</p><p>DAF providers say those criticisms are wrong. Fidelity Charitable released its 2022 giving report Tuesday, which showed that in 2021, its DAF account holders recommended &#34;a record $10.3 billion in grants, 41% more dollars than pre-pandemic giving in 2019.&#34; The report also noted that &#34;donors are recommending grants at a more rapid pace -- an average of 12.4 grants per account in 2021, compared to 7.4 a decade ago.&#34;</p><p>A spokesman for Fidelity Charitable declined to comment on Musk.</p><p>Musk could also fly under the radar with his stock donation if he put it into a charitable limited liability company, a type of giving vehicle used by philanthropists such as Meta (formerly Facebook <a href=\"https://laohu8.com/S/FB\">$(FB)$</a>) CEO Mark Zuckerberg and his wife, Priscilla Chan, and Melinda French Gates, the former wife of Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> founder Bill Gates. Charitable LLCs can make grants to nonprofits and invest in for-profit ventures, but they aren&#39;t required to publicly disclose their spending.</p><p>If Musk gave the stock directly to a nonprofit, the group wouldn&#39;t be required to publicly disclose him as the donor. Nonprofits must disclose their major donors to the IRS, but they are not required to identify those donors publicly, said Gene Takagi, a lawyer specializing in nonprofit law at NEO Law Group in San Francisco.</p><p>&#34;There are debates over the need for greater transparency, particularly with very large gifts that can shift public policy and possibly elections through permissible charity advocacy activities,&#34; Takagi siad. &#34; In my own personal opinion, the danger of less transparency, for example in the area of campaign finance, could seriously weaken our democracy.&#34;</p><p>Others say that donors should be allowed to preserve their privacy. Keeping donor information private &#34;enables potentially controversial or less popular causes to receive financial support from individuals without posing a public risk to donors,&#34; wrote Independent Sector, a coalition of nonprofits and foundations. Organizations shouldn&#39;t have to disclose their donors if they&#39;re involved in &#34;issues for which donor disclosure would create a substantial likelihood of personal harm to donors,&#34; the group said.</p><p><b>Other billionaires have been more public about recent giving</b></p><p>Billionaire philanthropist MacKenzie Scott, the former wife of Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> founder Jeff Bezos, drew criticism in December when she announced that she had made a round of donations, but didn&#39;t want to reveal the amounts she gave or the recipients. She later changed her tune and said she&#39;ll be putting together a public database showing who&#39;s received the more than $8.5 billion she&#39;s handed out since her divorce from Bezos. Some of the organizations that have received money from Scott have also gone public.</p><p>Another SEC filing made public this week showed that Henrik Fisker, chief executive and chairman of electric-vehicle maker Fisker, Inc. <a href=\"https://laohu8.com/S/FSR\">$(FSR)$</a> donated $4 million in stock to establish a foundation in the name of him and his wife, and directed $1.9 million to a donor-advised fund. Fisker, Inc. also issued a news release outlining where the money was going.</p><p>In another recent SEC filing, Austin Russell, chief executive of self-driving software company Luminar Technologies <a href=\"https://laohu8.com/S/LAZR\">$(LAZR)$</a> and considered the world&#39;s youngest self-made billionaire, disclosed that he donated 4,500,000 shares of Luminar to Central Florida Foundation, an Orlando-based community foundation. The foundation announced the $70 million gift in a press release, and the Orlando Sentinel covered the gift</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","TSLA":"特斯拉","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4550":"红杉资本持仓","BK4555":"新能源车","BK4099":"汽车制造商"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2212694949","content_text":"Publicly announcing multi-billion-dollar gifts is a 'fundamental matter of public interest,' says one observer.Elon Musk will happily broadcast a few choice words about U.S. senators, but he's quieter when it comes to his philanthropy. There's a good chance the public may never know which charity or charities benefited from the approximately $5.7 billion in Tesla $(TSLA)$ stock Musk donated in 2021.While there are some public-disclosure laws in philanthropy, billionaire donors like Musk can easily keep the details of their giving under wraps, and it's legal for them to do so.Musk -- who signed the Giving Pledge in 2012, promising to give away most of his wealth -- doesn't send out press releases announcing his donations, though he occasionally tweets about them. Tesla doesn't typically respond to press inquiries (it did not for this story), and there's no contact information listed on Musk's foundation's bare-bones website. The Tesla stock donation was revealed in an SEC filing Monday that described the donated shares as a gift \"to charity,\" but didn't specify which one.One possible candidate is the United Nations World Food Program. Musk got into a public Twitter spat with the WFP shortly before he donated the stock, and said he would donate $6 billion to the hunger relief agency if it could show how the money would \"solve world hunger.\" A WFP spokesman initially told MarketWatch this week that it doesn't disclose donors, but allows donors to publicize their gifts themselves. The WFP's executive director later said that the group had not received any funds yet from Musk, and added that \"I am excited to hear that Elon is engaged. This is an amazing and great first step.\"At a time when billionaires are riding high and exerting growing influence over the public sphere, the lack of transparency around Musk's donation is the latest example of how elite philanthropists can evade scrutiny too easily, critics say.\"Come on. There has to be a middle-ground [between] preening, self-congratulatory mega-giving & complete non-disclosure,\" wrote philanthropy historian Ben Soskis on Twitter(TWTR) in response to the lack of information on Musk's stock donation. \"If not, we're gonna need a pretty radical overhaul of our [regulations] relating to individual giving & anonymity.\"Soskis, a senior research associate in the Center on Nonprofits and Philanthropy at the Urban Institute, added, \"If you are giving a gift of over $5 [billion], you should publicly announce where the money is going to. As a fundamental matter of public interest.\"How the public could find out where Musk's donation wentThe recipients of Musk's donation could eventually come to light if Musk gave the stock to his private foundation and the foundation liquidated it and handed out the money as grants to nonprofits. In that case, the Musk Foundation would have to publicly list its major donors and the nonprofits that received the grants in a filing with the IRS. Foundations, which exist to hand out money for public benefit, are required to file that paperwork annually.The most recent IRS filing for the Musk Foundation shows that Musk donated 11,000 Tesla shares to it in 2019. The foundation gave a $1 million grant to George Mason University \"for COVID-19 scientific research,\" made several other grants to schools and other recipients, and gave a $20.7 million donation to Fidelity Charitable, where Musk appears to keep a donor-advised fund.Why the recipients of Musk stock donation could easily stay secretThere are several other scenarios where the recipients of Musk's largesse would never be revealed. Musk may have put the money into a donor-advised fund at Fidelity Charitable. DAFs, a type of charitable giving account, function as middlemen. They hold money the donor has earmarked for charity and then distribute it to nonprofits chosen by the donor. When the nonprofits receive the money, it comes from the DAF, not the donor, and there's no paper trail connecting the donor directly to the nonprofit.DAFs have come under fire because account holders get a tax break when they put money into a DAF, but there's no deadline for when donors must distribute the money to charities. A bill recently introduced in Congress would change some of the laws around DAFs with the aim of moving money more quickly into the hands of charities.\"The Musk donation serves as a reminder that current laws allow for donors to get a tax deduction up front without any requirement that $ ever gets to the community,\" wrote billionaire John Arnold, a supporter of the DAF reform legislation, on Twitter. \"Money can sit in DAF accounts forever.\"DAF providers say those criticisms are wrong. Fidelity Charitable released its 2022 giving report Tuesday, which showed that in 2021, its DAF account holders recommended \"a record $10.3 billion in grants, 41% more dollars than pre-pandemic giving in 2019.\" The report also noted that \"donors are recommending grants at a more rapid pace -- an average of 12.4 grants per account in 2021, compared to 7.4 a decade ago.\"A spokesman for Fidelity Charitable declined to comment on Musk.Musk could also fly under the radar with his stock donation if he put it into a charitable limited liability company, a type of giving vehicle used by philanthropists such as Meta (formerly Facebook $(FB)$) CEO Mark Zuckerberg and his wife, Priscilla Chan, and Melinda French Gates, the former wife of Microsoft $(MSFT)$ founder Bill Gates. Charitable LLCs can make grants to nonprofits and invest in for-profit ventures, but they aren't required to publicly disclose their spending.If Musk gave the stock directly to a nonprofit, the group wouldn't be required to publicly disclose him as the donor. Nonprofits must disclose their major donors to the IRS, but they are not required to identify those donors publicly, said Gene Takagi, a lawyer specializing in nonprofit law at NEO Law Group in San Francisco.\"There are debates over the need for greater transparency, particularly with very large gifts that can shift public policy and possibly elections through permissible charity advocacy activities,\" Takagi siad. \" In my own personal opinion, the danger of less transparency, for example in the area of campaign finance, could seriously weaken our democracy.\"Others say that donors should be allowed to preserve their privacy. Keeping donor information private \"enables potentially controversial or less popular causes to receive financial support from individuals without posing a public risk to donors,\" wrote Independent Sector, a coalition of nonprofits and foundations. Organizations shouldn't have to disclose their donors if they're involved in \"issues for which donor disclosure would create a substantial likelihood of personal harm to donors,\" the group said.Other billionaires have been more public about recent givingBillionaire philanthropist MacKenzie Scott, the former wife of Amazon $(AMZN)$ founder Jeff Bezos, drew criticism in December when she announced that she had made a round of donations, but didn't want to reveal the amounts she gave or the recipients. She later changed her tune and said she'll be putting together a public database showing who's received the more than $8.5 billion she's handed out since her divorce from Bezos. Some of the organizations that have received money from Scott have also gone public.Another SEC filing made public this week showed that Henrik Fisker, chief executive and chairman of electric-vehicle maker Fisker, Inc. $(FSR)$ donated $4 million in stock to establish a foundation in the name of him and his wife, and directed $1.9 million to a donor-advised fund. Fisker, Inc. also issued a news release outlining where the money was going.In another recent SEC filing, Austin Russell, chief executive of self-driving software company Luminar Technologies $(LAZR)$ and considered the world's youngest self-made billionaire, disclosed that he donated 4,500,000 shares of Luminar to Central Florida Foundation, an Orlando-based community foundation. The foundation announced the $70 million gift in a press release, and the Orlando Sentinel covered the gift","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039741708,"gmtCreate":1646138876854,"gmtModify":1676534094940,"author":{"id":"4101210865269940","authorId":"4101210865269940","name":"jonjongeorge","avatar":"https://static.tigerbbs.com/f2c799f333d78624b3a2a0dffef3a618","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101210865269940","authorIdStr":"4101210865269940"},"themes":[],"htmlText":"Ev up up","listText":"Ev up up","text":"Ev up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039741708","repostId":"1157633134","repostType":4,"repost":{"id":"1157633134","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1646121601,"share":"https://ttm.financial/m/news/1157633134?lang=&edition=fundamental","pubTime":"2022-03-01 16:00","market":"us","language":"en","title":"Tesla Stock Bounces Higher: Is The EV Maker Revving For A Breakout?","url":"https://stock-news.laohu8.com/highlight/detail?id=1157633134","media":"Benzinga","summary":"Tesla Inc. (NASDAQ:TSLA) shares are trading higher Monday alongside other EV companies as the Russia","content":"<html><head></head><body><p></p><p><b>Tesla Inc.</b> (NASDAQ:TSLA) shares are trading higher Monday alongside other EV companies as the Russia-Ukraine conflict is causing European countries which depend on Russian oil to look to other places for their energy. The stock made a bounce off support a couple of days ago, has seen a strong bullish push since, and is now heading toward resistance.</p><p><img src=\"https://static.tigerbbs.com/a997b38da76a3e0ea929f3e765e17973\" tg-width=\"720\" tg-height=\"378\" width=\"100%\" height=\"auto\"/></p><p>Tesla was up 7.48% to $870.43 at the close on Monday.</p><p><b>Tesla Daily Chart Analysis</b></p><p></p><ul><li>Shares are trading in a descending channel pattern, also known as a bullish flag pattern. The stock saw a strong bounce off the support trendline of the channel and has been heading higher since. If Tesla continues on this pace, it may see a breakout and a strong bullish push over the next few weeks.</li><li>The stock trades below the 50-day moving average (green) but above the 200-day moving average (blue). This indicates Tesla is going through a period of consolidation. The 50-day moving average may act as resistance, while the 200-day moving average may hold as support.</li><li>The Relative Strength Index (RSI) has been pushing higher the past few days and now sits at 46. This shows that more buyers have been moving into the stock the past few days, although there still remains a slight surplus in the selling pressure overall.</li></ul><p><img src=\"https://static.tigerbbs.com/293f9d91f1e2b11bd0fd045ddf503dd8\" tg-width=\"1813\" tg-height=\"863\" width=\"100%\" height=\"auto\"/></p><p><b>What’s Next For Tesla?</b></p><p></p><p>Tesla has seen a few days of bullish movement in a downward channel, and if it is able to continue, the stock could see a breakout. A breakout would cause a longer period of bullish movement to happen, and the stock could see new highs if it is able to break out and hold above the resistance in the pattern.</p><p>Bullish traders want to see the stock continue to form higher lows and break out of the pattern, which may cause a further bullish move to happen.</p><p>Bearish traders are looking to see the price be unable to cross above the resistance level and start falling lower. A break below the support level could cause the stock to begin a strong downward trend and a bearish market may ensue.</p><p></p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Bounces Higher: Is The EV Maker Revving For A Breakout?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Bounces Higher: Is The EV Maker Revving For A Breakout?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-03-01 16:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p></p><p><b>Tesla Inc.</b> (NASDAQ:TSLA) shares are trading higher Monday alongside other EV companies as the Russia-Ukraine conflict is causing European countries which depend on Russian oil to look to other places for their energy. The stock made a bounce off support a couple of days ago, has seen a strong bullish push since, and is now heading toward resistance.</p><p><img src=\"https://static.tigerbbs.com/a997b38da76a3e0ea929f3e765e17973\" tg-width=\"720\" tg-height=\"378\" width=\"100%\" height=\"auto\"/></p><p>Tesla was up 7.48% to $870.43 at the close on Monday.</p><p><b>Tesla Daily Chart Analysis</b></p><p></p><ul><li>Shares are trading in a descending channel pattern, also known as a bullish flag pattern. The stock saw a strong bounce off the support trendline of the channel and has been heading higher since. If Tesla continues on this pace, it may see a breakout and a strong bullish push over the next few weeks.</li><li>The stock trades below the 50-day moving average (green) but above the 200-day moving average (blue). This indicates Tesla is going through a period of consolidation. The 50-day moving average may act as resistance, while the 200-day moving average may hold as support.</li><li>The Relative Strength Index (RSI) has been pushing higher the past few days and now sits at 46. This shows that more buyers have been moving into the stock the past few days, although there still remains a slight surplus in the selling pressure overall.</li></ul><p><img src=\"https://static.tigerbbs.com/293f9d91f1e2b11bd0fd045ddf503dd8\" tg-width=\"1813\" tg-height=\"863\" width=\"100%\" height=\"auto\"/></p><p><b>What’s Next For Tesla?</b></p><p></p><p>Tesla has seen a few days of bullish movement in a downward channel, and if it is able to continue, the stock could see a breakout. A breakout would cause a longer period of bullish movement to happen, and the stock could see new highs if it is able to break out and hold above the resistance in the pattern.</p><p>Bullish traders want to see the stock continue to form higher lows and break out of the pattern, which may cause a further bullish move to happen.</p><p>Bearish traders are looking to see the price be unable to cross above the resistance level and start falling lower. A break below the support level could cause the stock to begin a strong downward trend and a bearish market may ensue.</p><p></p><p></p><p></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":"1157633134","content_text":"Tesla Inc. (NASDAQ:TSLA) shares are trading higher Monday alongside other EV companies as the Russia-Ukraine conflict is causing European countries which depend on Russian oil to look to other places for their energy. The stock made a bounce off support a couple of days ago, has seen a strong bullish push since, and is now heading toward resistance.Tesla was up 7.48% to $870.43 at the close on Monday.Tesla Daily Chart AnalysisShares are trading in a descending channel pattern, also known as a bullish flag pattern. The stock saw a strong bounce off the support trendline of the channel and has been heading higher since. If Tesla continues on this pace, it may see a breakout and a strong bullish push over the next few weeks.The stock trades below the 50-day moving average (green) but above the 200-day moving average (blue). This indicates Tesla is going through a period of consolidation. The 50-day moving average may act as resistance, while the 200-day moving average may hold as support.The Relative Strength Index (RSI) has been pushing higher the past few days and now sits at 46. This shows that more buyers have been moving into the stock the past few days, although there still remains a slight surplus in the selling pressure overall.What’s Next For Tesla?Tesla has seen a few days of bullish movement in a downward channel, and if it is able to continue, the stock could see a breakout. A breakout would cause a longer period of bullish movement to happen, and the stock could see new highs if it is able to break out and hold above the resistance in the pattern.Bullish traders want to see the stock continue to form higher lows and break out of the pattern, which may cause a further bullish move to happen.Bearish traders are looking to see the price be unable to cross above the resistance level and start falling lower. A break below the support level could cause the stock to begin a strong downward trend and a bearish market may ensue.","news_type":1},"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030525662,"gmtCreate":1645760398243,"gmtModify":1676534062008,"author":{"id":"4101210865269940","authorId":"4101210865269940","name":"jonjongeorge","avatar":"https://static.tigerbbs.com/f2c799f333d78624b3a2a0dffef3a618","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101210865269940","authorIdStr":"4101210865269940"},"themes":[],"htmlText":"Miss also earn $","listText":"Miss also earn $","text":"Miss also earn $","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030525662","repostId":"1142451427","repostType":2,"repost":{"id":"1142451427","kind":"news","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":1645581358,"share":"https://ttm.financial/m/news/1142451427?lang=&edition=fundamental","pubTime":"2022-02-23 09:55","market":"sg","language":"en","title":"Singapore lender OCBC flags cautious outlook after profit miss","url":"https://stock-news.laohu8.com/highlight/detail?id=1142451427","media":"Reuters","summary":"SINGAPORE, Feb 23 (Reuters) - Oversea-Chinese Banking Corp flagged a cautious outlook on Wednesday a","content":"<html><head></head><body><p>SINGAPORE, Feb 23 (Reuters) - Oversea-Chinese Banking Corp flagged a cautious outlook on Wednesday after Singapore&#39;s second-largest listed lender reported a surprise 14% drop in quarterly profit, knocking its shares to a one-month low.</p><p>Shares in OCBC, which pointed to a jump in operating expenses, fell 4.5% in early trade in a slightly weak broader market(.STI).</p><p>&#34;Looking ahead, we are cautiously optimistic that the operating environment will improve,&#34; OCBC CEO Helen Wong, who took charge last year, said in a statement.</p><p>In addition to gains from rising global interest rates, Singapore lenders are benefiting from rebounding economic growth, with the city-state&#39;s economy forecast to grow 3% to 5% this year.</p><p>Singapore, recovering from the pandemic slump, is reopening its borders, with about 90% of its population fully vaccinated against the COVID-19 virus.</p><p>OCBC&#39;s net profit fell to S$973 million ($723.4 million) in October-December, down from S$1.13 billion a year earlier and well below the S$1.18 billion average of four analyst estimates compiled by Refinitiv.</p><p>The bank reported a 15% rise in quarterly operating expenses, citing higher staff costs linked to its expansion, and an absence of government job supports grants.</p><p>OCBC, which counts Singapore, Greater China and Malaysia, among its key markets, said full-year net profit rose 35% to pre-pandemic levels after credit allowances more than halved, helped by an improvement in asset quality.</p><p>Last week, United Overseas Bank joined bigger competitor DBS Group in flagging a strong outlook after reporting a sharp rise in quarterly profit on the back of a big decline in credit charges.</p><p>OCBC&#39;s shares have underperformed peers, dented by market worries over its credit losses from sectors such as oil and gas.</p><p>As of Tuesday&#39;s close, the shares had gained 24% over the past year versus a 42% surge in DBS and a 36% rise in United Overseas Bank.</p><p>($1 = 1.3450 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore lender OCBC flags cautious outlook after profit miss</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 lender OCBC flags cautious outlook after profit miss\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-02-23 09:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE, Feb 23 (Reuters) - Oversea-Chinese Banking Corp flagged a cautious outlook on Wednesday after Singapore&#39;s second-largest listed lender reported a surprise 14% drop in quarterly profit, knocking its shares to a one-month low.</p><p>Shares in OCBC, which pointed to a jump in operating expenses, fell 4.5% in early trade in a slightly weak broader market(.STI).</p><p>&#34;Looking ahead, we are cautiously optimistic that the operating environment will improve,&#34; OCBC CEO Helen Wong, who took charge last year, said in a statement.</p><p>In addition to gains from rising global interest rates, Singapore lenders are benefiting from rebounding economic growth, with the city-state&#39;s economy forecast to grow 3% to 5% this year.</p><p>Singapore, recovering from the pandemic slump, is reopening its borders, with about 90% of its population fully vaccinated against the COVID-19 virus.</p><p>OCBC&#39;s net profit fell to S$973 million ($723.4 million) in October-December, down from S$1.13 billion a year earlier and well below the S$1.18 billion average of four analyst estimates compiled by Refinitiv.</p><p>The bank reported a 15% rise in quarterly operating expenses, citing higher staff costs linked to its expansion, and an absence of government job supports grants.</p><p>OCBC, which counts Singapore, Greater China and Malaysia, among its key markets, said full-year net profit rose 35% to pre-pandemic levels after credit allowances more than halved, helped by an improvement in asset quality.</p><p>Last week, United Overseas Bank joined bigger competitor DBS Group in flagging a strong outlook after reporting a sharp rise in quarterly profit on the back of a big decline in credit charges.</p><p>OCBC&#39;s shares have underperformed peers, dented by market worries over its credit losses from sectors such as oil and gas.</p><p>As of Tuesday&#39;s close, the shares had gained 24% over the past year versus a 42% surge in DBS and a 36% rise in United Overseas Bank.</p><p>($1 = 1.3450 Singapore dollars)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O39.SI":"华侨银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142451427","content_text":"SINGAPORE, Feb 23 (Reuters) - Oversea-Chinese Banking Corp flagged a cautious outlook on Wednesday after Singapore's second-largest listed lender reported a surprise 14% drop in quarterly profit, knocking its shares to a one-month low.Shares in OCBC, which pointed to a jump in operating expenses, fell 4.5% in early trade in a slightly weak broader market(.STI).\"Looking ahead, we are cautiously optimistic that the operating environment will improve,\" OCBC CEO Helen Wong, who took charge last year, said in a statement.In addition to gains from rising global interest rates, Singapore lenders are benefiting from rebounding economic growth, with the city-state's economy forecast to grow 3% to 5% this year.Singapore, recovering from the pandemic slump, is reopening its borders, with about 90% of its population fully vaccinated against the COVID-19 virus.OCBC's net profit fell to S$973 million ($723.4 million) in October-December, down from S$1.13 billion a year earlier and well below the S$1.18 billion average of four analyst estimates compiled by Refinitiv.The bank reported a 15% rise in quarterly operating expenses, citing higher staff costs linked to its expansion, and an absence of government job supports grants.OCBC, which counts Singapore, Greater China and Malaysia, among its key markets, said full-year net profit rose 35% to pre-pandemic levels after credit allowances more than halved, helped by an improvement in asset quality.Last week, United Overseas Bank joined bigger competitor DBS Group in flagging a strong outlook after reporting a sharp rise in quarterly profit on the back of a big decline in credit charges.OCBC's shares have underperformed peers, dented by market worries over its credit losses from sectors such as oil and gas.As of Tuesday's close, the shares had gained 24% over the past year versus a 42% surge in DBS and a 36% rise in United Overseas Bank.($1 = 1.3450 Singapore dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}