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2022-10-06

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How Macy's Has Avoided -- So Far -- the Inventory Pileup Plaguing Other Apparel Chains

2022-10-06

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Oil Extends Rally on OPEC+ Output Cut and Russian Supply Warning

2022-10-06

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GE Lays off Workers at Onshore Wind Unit As Part of Turnaround Strategy - Sources

2022-10-06

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Elon Musk, Twitter Held Unsuccessful Talks About a Price Cut for Acquisition

2022-10-06

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US STOCKS-Wall St Ends Down As Two-Day Rally Fizzles on Data, Fed Message

2022-10-06

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How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock

2022-10-01

Up n down ... this is how the way it goes😂😂

2022-10-01

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Why Wall Street Isn’t Impressed With XPEV Stock

2022-10-01

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Alibaba Stock: Attractive Valuation Despite Mid-Term Headwinds

2022-10-01

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2 REITs with the World’s Most Reliable Tenant

2022-10-01

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2022-10-01

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2022-09-25

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If You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”

2022-09-22

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SoftBank to Discuss Arm "Strategic Alliance" With Samsung

2022-09-22

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The Street Is Sleeping on Nvidia Stock, Says Top Analyst

2022-09-22

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2022-09-22

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Fed Delivers Another Big Rate Hike; Powell Vows to "Keep at It"

2022-09-22

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2022-09-22

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US STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message

2022-09-22

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"Fear Gauge" Futures Signals U.S. Stock Selling Crescendo

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Nike Inc. is stepping up discounts on apparel and other goods after its inventory ballooned in the latest quarter.</p><p>Meanwhile, Macy&#39;s Inc. is rolling out new dresses, suits, boots and other fall fashions. More than half of its offerings for the holiday season will be new. The department store giant has so far avoided the worst of the glut of goods that has tripped up so many retailers. Its inventory was up 7% at the end of its most-recent quarter compared with a year earlier. That is in contrast to a 48% jump at Kohl&#39;s, 44% at Nike and 37% at Gap Inc.</p><p>Macy&#39;s and other U.S. chains face an uncertain holiday season with high inflation prompting consumers to pull back on some discretionary purchases. &#34;I&#39;m going to be more careful in what I buy this year,&#34; said Sharon Geltner, of Boynton Beach, Fla. &#34;I want to make fewer impulse purchases.&#34;</p><p>Macy&#39;s credit-card data early in the year revealed cracks in shopping trends, executives said, so they cut back on some merchandise orders. &#34;We&#39;re not doing pack-and-hold,&#34; Macy&#39;s finance chief Adrian Mitchell said, referring to a practice that is becoming common of storing unsold inventory until the following year. &#34;We don&#39;t have the inventory to pack away.&#34;</p><p>Some retail executives said they were surprised at how quickly consumer spending shifted this past spring as the Covid-19 pandemic receded, people started traveling and dining out more and inflation made everything from gas to groceries more expensive.</p><p>&#34;We thought there was going to be a stronger recovery into 2022 and we wanted to be positioned for that,&#34; said Jill Timm, the finance chief at Kohl&#39;s .</p><p>Kohl&#39;s placed large orders earlier in the buying cycle for 2022 after missing  out on about $250 million in sales in 2021 because it didn&#39;t have enough merchandise due to temporary factory shutdowns and shipping delays that slowed the arrival of winter goods. Some of those goods made it to stores and warehouses this year, just as consumers started to curtail their purchases.</p><p>Early this year, Macy&#39;s executives noticed an uptick in the amount consumers were spending on food and gas, the result of rising inflation, on the company&#39;s co-branded credit cards that shoppers can use at other retailers. They also detected a shift as consumers began spending more on travel and entertainment outside the home.</p><p>They sifted through data showing inflation was outpacing wage growth for many workers among other economic indicators that suggested some discretionary categories like apparel would get squeezed, Mr. Mitchell said.</p><p>A group of executives from the finance, supply chain, merchandise and planning departments discussed the changes in late January -- the first of a series of monthly meetings that Macy&#39;s started holding this year to ensure its senior leaders are on the same page when it comes to forecasting demand and ordering supply.</p><p>The group decided to cut orders of comfy clothes and items for the home that had been big sellers during the pandemic, and increase orders of dresses, suits and shoes for wearing outside the house, to return to work and for occasions like weddings.</p><p>&#34;The key question was, how do we get the right composition?&#34; Mr. Mitchell said . &#34;Where do we need to pull back in certain brands and where do we need to add?&#34;</p><p>Macy&#39;s had an easier time making those adjustments than some other retailers that sell more private-label goods. Less than a fifth of Macy&#39;s sales come from private-label, compared with about a third at Kohl&#39;s and nearly everything sold at specialty chains like Gap and Old Navy.</p><p>It&#39;s harder to cancel private-label orders, because retailers take ownership of the goods earlier in the production cycle, executives said.</p><p>Kohl&#39;s, for instance, owns private-label goods as soon as they are loaded onto cargo ships, Ms. Timm said. With ships taking longer to make their way across the ocean and through ports, Kohl&#39;s had $269 million of goods in transit during the quarter ended July 30 that it owned but wasn&#39;t on its sales floors.</p><p>Ms. Timm said Kohl&#39;s inventory also swelled because it&#39;s in the process of stocking newly opened Sephora shops inside its department stores.</p><p>An analysis by Citi retail analyst Paul Lejuez found that the gap between Macy&#39;s inventory and sales improved in the second quarter, while it worsened at Kohl&#39;s.</p><p>Nike also relied on ocean shipping to move much of its goods from factories in Asia to stores around the world. Last week, Nike executives said the amount of in-transit inventory was up 85% from year-ago levels. They said inventory piled up because orders that had been delayed from past seasons arrived at the same time as early holiday orders.</p><p>Macy&#39;s didn&#39;t navigate the shift perfectly. It says it wound up with too much in certain categories this spring such as activewear, casual sportswear, pajamas and housewares that had been strong sellers during the worst of the pandemic.</p><p>But it&#39;s moving quickly to clear out the excess with the help of data analytics that target slower selling items with steeper price cuts. For example, if Macy&#39;s has 20 blue cashmere sweaters in a Los Angeles store and is selling one every other week, it will discount the sweaters more at that store than the same ones in a New York store that is selling two a week, Mr. Mitchell said.</p><p>Ms. Geltner, the shopper in Florida, said she found great deals on gym clothes on a recent trip to the Macy&#39;s near her home but fewer discounts on other things like shoes and handbags. &#34;They didn&#39;t have a glut of handbags,&#34; she said, &#34;and the discounts were more sporadic.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Macy's Has Avoided -- So Far -- the Inventory Pileup Plaguing Other Apparel Chains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Macy's Has Avoided -- So Far -- the Inventory Pileup Plaguing Other Apparel Chains\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\">2022-10-06 08:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><img src=\"https://static.tigerbbs.com/41ed578ee4b0f0b95aa9e32595910da2\" tg-width=\"860\" tg-height=\"607\" referrerpolicy=\"no-referrer\"/>At Kohl&#39;s Corp., fleece jackets that arrived too late for last year&#39;s winter season are finally making it onto shelves after languishing for months in warehouses. Nike Inc. is stepping up discounts on apparel and other goods after its inventory ballooned in the latest quarter.</p><p>Meanwhile, Macy&#39;s Inc. is rolling out new dresses, suits, boots and other fall fashions. More than half of its offerings for the holiday season will be new. The department store giant has so far avoided the worst of the glut of goods that has tripped up so many retailers. Its inventory was up 7% at the end of its most-recent quarter compared with a year earlier. That is in contrast to a 48% jump at Kohl&#39;s, 44% at Nike and 37% at Gap Inc.</p><p>Macy&#39;s and other U.S. chains face an uncertain holiday season with high inflation prompting consumers to pull back on some discretionary purchases. &#34;I&#39;m going to be more careful in what I buy this year,&#34; said Sharon Geltner, of Boynton Beach, Fla. &#34;I want to make fewer impulse purchases.&#34;</p><p>Macy&#39;s credit-card data early in the year revealed cracks in shopping trends, executives said, so they cut back on some merchandise orders. &#34;We&#39;re not doing pack-and-hold,&#34; Macy&#39;s finance chief Adrian Mitchell said, referring to a practice that is becoming common of storing unsold inventory until the following year. &#34;We don&#39;t have the inventory to pack away.&#34;</p><p>Some retail executives said they were surprised at how quickly consumer spending shifted this past spring as the Covid-19 pandemic receded, people started traveling and dining out more and inflation made everything from gas to groceries more expensive.</p><p>&#34;We thought there was going to be a stronger recovery into 2022 and we wanted to be positioned for that,&#34; said Jill Timm, the finance chief at Kohl&#39;s .</p><p>Kohl&#39;s placed large orders earlier in the buying cycle for 2022 after missing  out on about $250 million in sales in 2021 because it didn&#39;t have enough merchandise due to temporary factory shutdowns and shipping delays that slowed the arrival of winter goods. Some of those goods made it to stores and warehouses this year, just as consumers started to curtail their purchases.</p><p>Early this year, Macy&#39;s executives noticed an uptick in the amount consumers were spending on food and gas, the result of rising inflation, on the company&#39;s co-branded credit cards that shoppers can use at other retailers. They also detected a shift as consumers began spending more on travel and entertainment outside the home.</p><p>They sifted through data showing inflation was outpacing wage growth for many workers among other economic indicators that suggested some discretionary categories like apparel would get squeezed, Mr. Mitchell said.</p><p>A group of executives from the finance, supply chain, merchandise and planning departments discussed the changes in late January -- the first of a series of monthly meetings that Macy&#39;s started holding this year to ensure its senior leaders are on the same page when it comes to forecasting demand and ordering supply.</p><p>The group decided to cut orders of comfy clothes and items for the home that had been big sellers during the pandemic, and increase orders of dresses, suits and shoes for wearing outside the house, to return to work and for occasions like weddings.</p><p>&#34;The key question was, how do we get the right composition?&#34; Mr. Mitchell said . &#34;Where do we need to pull back in certain brands and where do we need to add?&#34;</p><p>Macy&#39;s had an easier time making those adjustments than some other retailers that sell more private-label goods. Less than a fifth of Macy&#39;s sales come from private-label, compared with about a third at Kohl&#39;s and nearly everything sold at specialty chains like Gap and Old Navy.</p><p>It&#39;s harder to cancel private-label orders, because retailers take ownership of the goods earlier in the production cycle, executives said.</p><p>Kohl&#39;s, for instance, owns private-label goods as soon as they are loaded onto cargo ships, Ms. Timm said. With ships taking longer to make their way across the ocean and through ports, Kohl&#39;s had $269 million of goods in transit during the quarter ended July 30 that it owned but wasn&#39;t on its sales floors.</p><p>Ms. Timm said Kohl&#39;s inventory also swelled because it&#39;s in the process of stocking newly opened Sephora shops inside its department stores.</p><p>An analysis by Citi retail analyst Paul Lejuez found that the gap between Macy&#39;s inventory and sales improved in the second quarter, while it worsened at Kohl&#39;s.</p><p>Nike also relied on ocean shipping to move much of its goods from factories in Asia to stores around the world. Last week, Nike executives said the amount of in-transit inventory was up 85% from year-ago levels. They said inventory piled up because orders that had been delayed from past seasons arrived at the same time as early holiday orders.</p><p>Macy&#39;s didn&#39;t navigate the shift perfectly. It says it wound up with too much in certain categories this spring such as activewear, casual sportswear, pajamas and housewares that had been strong sellers during the worst of the pandemic.</p><p>But it&#39;s moving quickly to clear out the excess with the help of data analytics that target slower selling items with steeper price cuts. For example, if Macy&#39;s has 20 blue cashmere sweaters in a Los Angeles store and is selling one every other week, it will discount the sweaters more at that store than the same ones in a New York store that is selling two a week, Mr. Mitchell said.</p><p>Ms. Geltner, the shopper in Florida, said she found great deals on gym clothes on a recent trip to the Macy&#39;s near her home but fewer discounts on other things like shoes and handbags. &#34;They didn&#39;t have a glut of handbags,&#34; she said, &#34;and the discounts were more sporadic.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4103":"百货商店","M":"梅西百货"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273008815","content_text":"At Kohl's Corp., fleece jackets that arrived too late for last year's winter season are finally making it onto shelves after languishing for months in warehouses. Nike Inc. is stepping up discounts on apparel and other goods after its inventory ballooned in the latest quarter.Meanwhile, Macy's Inc. is rolling out new dresses, suits, boots and other fall fashions. More than half of its offerings for the holiday season will be new. The department store giant has so far avoided the worst of the glut of goods that has tripped up so many retailers. Its inventory was up 7% at the end of its most-recent quarter compared with a year earlier. That is in contrast to a 48% jump at Kohl's, 44% at Nike and 37% at Gap Inc.Macy's and other U.S. chains face an uncertain holiday season with high inflation prompting consumers to pull back on some discretionary purchases. \"I'm going to be more careful in what I buy this year,\" said Sharon Geltner, of Boynton Beach, Fla. \"I want to make fewer impulse purchases.\"Macy's credit-card data early in the year revealed cracks in shopping trends, executives said, so they cut back on some merchandise orders. \"We're not doing pack-and-hold,\" Macy's finance chief Adrian Mitchell said, referring to a practice that is becoming common of storing unsold inventory until the following year. \"We don't have the inventory to pack away.\"Some retail executives said they were surprised at how quickly consumer spending shifted this past spring as the Covid-19 pandemic receded, people started traveling and dining out more and inflation made everything from gas to groceries more expensive.\"We thought there was going to be a stronger recovery into 2022 and we wanted to be positioned for that,\" said Jill Timm, the finance chief at Kohl's .Kohl's placed large orders earlier in the buying cycle for 2022 after missing  out on about $250 million in sales in 2021 because it didn't have enough merchandise due to temporary factory shutdowns and shipping delays that slowed the arrival of winter goods. Some of those goods made it to stores and warehouses this year, just as consumers started to curtail their purchases.Early this year, Macy's executives noticed an uptick in the amount consumers were spending on food and gas, the result of rising inflation, on the company's co-branded credit cards that shoppers can use at other retailers. They also detected a shift as consumers began spending more on travel and entertainment outside the home.They sifted through data showing inflation was outpacing wage growth for many workers among other economic indicators that suggested some discretionary categories like apparel would get squeezed, Mr. Mitchell said.A group of executives from the finance, supply chain, merchandise and planning departments discussed the changes in late January -- the first of a series of monthly meetings that Macy's started holding this year to ensure its senior leaders are on the same page when it comes to forecasting demand and ordering supply.The group decided to cut orders of comfy clothes and items for the home that had been big sellers during the pandemic, and increase orders of dresses, suits and shoes for wearing outside the house, to return to work and for occasions like weddings.\"The key question was, how do we get the right composition?\" Mr. Mitchell said . \"Where do we need to pull back in certain brands and where do we need to add?\"Macy's had an easier time making those adjustments than some other retailers that sell more private-label goods. Less than a fifth of Macy's sales come from private-label, compared with about a third at Kohl's and nearly everything sold at specialty chains like Gap and Old Navy.It's harder to cancel private-label orders, because retailers take ownership of the goods earlier in the production cycle, executives said.Kohl's, for instance, owns private-label goods as soon as they are loaded onto cargo ships, Ms. Timm said. With ships taking longer to make their way across the ocean and through ports, Kohl's had $269 million of goods in transit during the quarter ended July 30 that it owned but wasn't on its sales floors.Ms. Timm said Kohl's inventory also swelled because it's in the process of stocking newly opened Sephora shops inside its department stores.An analysis by Citi retail analyst Paul Lejuez found that the gap between Macy's inventory and sales improved in the second quarter, while it worsened at Kohl's.Nike also relied on ocean shipping to move much of its goods from factories in Asia to stores around the world. Last week, Nike executives said the amount of in-transit inventory was up 85% from year-ago levels. They said inventory piled up because orders that had been delayed from past seasons arrived at the same time as early holiday orders.Macy's didn't navigate the shift perfectly. It says it wound up with too much in certain categories this spring such as activewear, casual sportswear, pajamas and housewares that had been strong sellers during the worst of the pandemic.But it's moving quickly to clear out the excess with the help of data analytics that target slower selling items with steeper price cuts. For example, if Macy's has 20 blue cashmere sweaters in a Los Angeles store and is selling one every other week, it will discount the sweaters more at that store than the same ones in a New York store that is selling two a week, Mr. Mitchell said.Ms. Geltner, the shopper in Florida, said she found great deals on gym clothes on a recent trip to the Macy's near her home but fewer discounts on other things like shoes and handbags. \"They didn't have a glut of handbags,\" she said, \"and the discounts were more sporadic.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915637051,"gmtCreate":1665019782274,"gmtModify":1676537545171,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915637051","repostId":"1185723829","repostType":4,"repost":{"id":"1185723829","pubTimestamp":1665016296,"share":"https://www.laohu8.com/m/news/1185723829?lang=&edition=full","pubTime":"2022-10-06 08:31","market":"us","language":"en","title":"Oil Extends Rally on OPEC+ Output Cut and Russian Supply Warning","url":"https://stock-news.laohu8.com/highlight/detail?id=1185723829","media":"Bloomberg","summary":"OPEC+ agrees to reduce production by 2 million barrels a dayWTI futures have advanced 10% over the p","content":"<html><head></head><body><ul><li>OPEC+ agrees to reduce production by 2 million barrels a day</li><li>WTI futures have advanced 10% over the past three sessions</li></ul><p>Oil rose for a fourth session after the OPEC+ alliance agreed to the biggest production cut since 2020 and Russia reiterated a warning that it won’t sell crude to any countries that adopt a price cap.</p><p>West Texas Intermediate futures traded over $88 a barrel after jumping 10% over the previous three sessions. OPEC+said it would reduce its output by 2 million barrels a day from November, a move that drew a swift rebuke from the US. The Biden administration has previously sought more supply from producers as it battles energy-driven inflation.</p><p>Goldman Sachs Group Inc.raisedits fourth quarter price forecast for Brent crude to $110 a barrel after the OPEC+ action and said the reduction could prompt the International Energy Agency to coordinate a release of oil reserves. The cut has halted a prolonged slide in crude prices, with the US benchmark capping a 25% loss in the previous quarter.</p><p><img src=\"https://static.tigerbbs.com/782c69d4bb588b60749267266b5afb1e\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Saudi Arabia’s energy minister said the real-world impact of the cuts will likely be around 1 million to 1.1 million barrels a day given some alliance members are already pumping well below their quotas. That stillequatesto the biggest reduction since the start of the pandemic.</p><p>Speaking after the OPEC+ announcement, Russian Deputy Prime Minister Alexander Novak said moves to cap the price of his country’s oil will backfire and could lead to a temporary reduction in its output. The European Union on Wednesday approved a fresh package ofsanctionson Moscow that includes the US-led measure to put a price limit on Russian oil.</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>Oil Extends Rally on OPEC+ Output Cut and Russian Supply Warning</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\">\nOil Extends Rally on OPEC+ Output Cut and Russian Supply Warning\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-06 08:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-05/oil-extends-rally-on-opec-output-cut-and-russian-supply-warning><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OPEC+ agrees to reduce production by 2 million barrels a dayWTI futures have advanced 10% over the past three sessionsOil rose for a fourth session after the OPEC+ alliance agreed to the biggest ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-05/oil-extends-rally-on-opec-output-cut-and-russian-supply-warning\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2022-10-05/oil-extends-rally-on-opec-output-cut-and-russian-supply-warning","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185723829","content_text":"OPEC+ agrees to reduce production by 2 million barrels a dayWTI futures have advanced 10% over the past three sessionsOil rose for a fourth session after the OPEC+ alliance agreed to the biggest production cut since 2020 and Russia reiterated a warning that it won’t sell crude to any countries that adopt a price cap.West Texas Intermediate futures traded over $88 a barrel after jumping 10% over the previous three sessions. OPEC+said it would reduce its output by 2 million barrels a day from November, a move that drew a swift rebuke from the US. The Biden administration has previously sought more supply from producers as it battles energy-driven inflation.Goldman Sachs Group Inc.raisedits fourth quarter price forecast for Brent crude to $110 a barrel after the OPEC+ action and said the reduction could prompt the International Energy Agency to coordinate a release of oil reserves. The cut has halted a prolonged slide in crude prices, with the US benchmark capping a 25% loss in the previous quarter.Saudi Arabia’s energy minister said the real-world impact of the cuts will likely be around 1 million to 1.1 million barrels a day given some alliance members are already pumping well below their quotas. That stillequatesto the biggest reduction since the start of the pandemic.Speaking after the OPEC+ announcement, Russian Deputy Prime Minister Alexander Novak said moves to cap the price of his country’s oil will backfire and could lead to a temporary reduction in its output. The European Union on Wednesday approved a fresh package ofsanctionson Moscow that includes the US-led measure to put a price limit on Russian oil.","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915634275,"gmtCreate":1665019760797,"gmtModify":1676537545156,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915634275","repostId":"2273822626","repostType":4,"repost":{"id":"2273822626","pubTimestamp":1665018768,"share":"https://www.laohu8.com/m/news/2273822626?lang=&edition=full","pubTime":"2022-10-06 09:12","market":"us","language":"en","title":"GE Lays off Workers at Onshore Wind Unit As Part of Turnaround Strategy - Sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2273822626","media":"Reuters","summary":"CHICAGO/DENVER (Reuters) - General Electric Co is laying off workers at its onshore wind unit as par","content":"<html><head></head><body><p>CHICAGO/DENVER (Reuters) - General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and resize the business, which is grappling with weak demand, rising costs and supply-chain delays, four sources familiar with the move said.</p><p>The sources said the company on Wednesday notified employees in North America, Latin America, the Middle-East and Africa about the cuts. It also has plans to cut its onshore wind workforce at a later date in Europe and Asia Pacific.</p><p>The cuts are expected to affect 20% of the onshore wind unit&#39;s workforce in the United States, they added. This would equate to hundreds of workers, one of the sources said.</p><p>GE confirmed to Reuters it was &#34;streamlining&#34; its onshore wind business in response to market realities but did not comment directly on any workforce cuts.</p><p>&#34;These are difficult decisions, which do not reflect on our employees&#39; dedication and hard work but are needed to ensure the business can compete and improve profitability over time,&#34; a GE Renewables spokesperson said in an emailed statement.</p><p>Onshore wind is the largest of GE&#39;s renewable businesses, which together employed 38,000 people worldwide at the end of 2021. The unit, however, has been battling higher raw material costs due to inflation and supply-chain pressures.</p><p>In the United States, which has been GE&#39;s most profitable onshore wind market, policy uncertainty following the expiry of renewable electricity production tax credits last year has hit customer demand, leading to a fall in the unit&#39;s revenue this year.</p><p>GE is not alone. Heightened competition, supply disruptions due to the COVID-19 pandemic and soaring metals prices exacerbated by the war in Ukraine have made it difficult for wind turbine makers to generate profits even as governments and companies are calling for more renewable energy in the face of climate change.</p><p>Rival Siemens Gamesa last month unveiled a plan to cut 2,900 jobs, mostly in Europe, after issuing a string of profit warnings this year. Profit at Danish wind turbine maker Vestas has also taken a hit.</p><p>The troubles at GE&#39;s onshore wind unit, which accounted for 15% of the company&#39;s industrial sales last year, are also affecting the performance of its overall renewable energy business. In July, the company blamed its North American onshore wind business for two-thirds of the decline in its second quarter renewable revenue.</p><p>While the restoration of the tax credit for wind projects is expected to give a boost to demand in North America, analysts expect GE&#39;s international onshore wind sales to remain challenged due to the high cost structure.</p><p>GE has made turning around its onshore business a priority as it prepares to spin off its energy businesses, including renewables, into a separate company in 2024.</p><p>As part of its efforts to improve profitability, the onshore business is trying to reduce fixed costs, which the company estimates could result in a couple of hundred million dollars of savings next year.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GE Lays off Workers at Onshore Wind Unit As Part of Turnaround Strategy - Sources</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\">\nGE Lays off Workers at Onshore Wind Unit As Part of Turnaround Strategy - Sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-06 09:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/exclusive-ge-lays-off-workers-010032256.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CHICAGO/DENVER (Reuters) - General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and resize the business, which is grappling with weak demand, rising ...</p>\n\n<a href=\"https://finance.yahoo.com/news/exclusive-ge-lays-off-workers-010032256.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4501":"段永平概念","GE":"GE航空航天","BK4566":"资本集团","BK4206":"工业集团企业"},"source_url":"https://finance.yahoo.com/news/exclusive-ge-lays-off-workers-010032256.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2273822626","content_text":"CHICAGO/DENVER (Reuters) - General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and resize the business, which is grappling with weak demand, rising costs and supply-chain delays, four sources familiar with the move said.The sources said the company on Wednesday notified employees in North America, Latin America, the Middle-East and Africa about the cuts. It also has plans to cut its onshore wind workforce at a later date in Europe and Asia Pacific.The cuts are expected to affect 20% of the onshore wind unit's workforce in the United States, they added. This would equate to hundreds of workers, one of the sources said.GE confirmed to Reuters it was \"streamlining\" its onshore wind business in response to market realities but did not comment directly on any workforce cuts.\"These are difficult decisions, which do not reflect on our employees' dedication and hard work but are needed to ensure the business can compete and improve profitability over time,\" a GE Renewables spokesperson said in an emailed statement.Onshore wind is the largest of GE's renewable businesses, which together employed 38,000 people worldwide at the end of 2021. The unit, however, has been battling higher raw material costs due to inflation and supply-chain pressures.In the United States, which has been GE's most profitable onshore wind market, policy uncertainty following the expiry of renewable electricity production tax credits last year has hit customer demand, leading to a fall in the unit's revenue this year.GE is not alone. Heightened competition, supply disruptions due to the COVID-19 pandemic and soaring metals prices exacerbated by the war in Ukraine have made it difficult for wind turbine makers to generate profits even as governments and companies are calling for more renewable energy in the face of climate change.Rival Siemens Gamesa last month unveiled a plan to cut 2,900 jobs, mostly in Europe, after issuing a string of profit warnings this year. Profit at Danish wind turbine maker Vestas has also taken a hit.The troubles at GE's onshore wind unit, which accounted for 15% of the company's industrial sales last year, are also affecting the performance of its overall renewable energy business. In July, the company blamed its North American onshore wind business for two-thirds of the decline in its second quarter renewable revenue.While the restoration of the tax credit for wind projects is expected to give a boost to demand in North America, analysts expect GE's international onshore wind sales to remain challenged due to the high cost structure.GE has made turning around its onshore business a priority as it prepares to spin off its energy businesses, including renewables, into a separate company in 2024.As part of its efforts to improve profitability, the onshore business is trying to reduce fixed costs, which the company estimates could result in a couple of hundred million dollars of savings next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915634399,"gmtCreate":1665019747611,"gmtModify":1676537545148,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915634399","repostId":"1148814250","repostType":4,"repost":{"id":"1148814250","pubTimestamp":1665019060,"share":"https://www.laohu8.com/m/news/1148814250?lang=&edition=full","pubTime":"2022-10-06 09:17","market":"us","language":"en","title":"Elon Musk, Twitter Held Unsuccessful Talks About a Price Cut for Acquisition","url":"https://stock-news.laohu8.com/highlight/detail?id=1148814250","media":"Wall Street Journal","summary":"Representatives of Elon Musk and Twitter Inc. held unsuccessful talks about a possible price cut to ","content":"<html><head></head><body><p>Representatives of Elon Musk and Twitter Inc. held unsuccessful talks about a possible price cut to his $44 billion deal to buy the social-media platform before he reversed course Monday and said hewould return to the original agreement’s terms, according to people familiar with the matter.</p><p>The informal discussions happened in a series of conference calls in recent weeks between lawyers and ended after the two sides failed to agree on terms of a potential deal, the people said.</p><p>Mr. Musk’s proposal this week to move forward with the April 25 takeover agreement still left unresolved issues. As of late Wednesday, representatives of Mr. Musk and Twitter were trying to hash out the details of his proposal this week to stick to the original agreement, including what would be required from both sides for litigation over the stalled deal to be dropped and whether the deal’s closing would be contingent on Mr. Musk receiving the necessary debt financing, some of the people said.</p><p>There was hope a deal could be reached Tuesday or Wednesday, averting a trial scheduled to start Oct. 17, the people said. In a sign of potential progress, the two sides have agreed to delay Mr. Musk’s deposition, which was scheduled to begin Thursday in Texas, some of the people said.</p><p>The price-cut talks had broken off before Mr. Musk caught Twitter off-guard by sending the company’s lawyers a two-sentence letter detailing his intentions.</p><p>Mr. Musk’s apparent change of heart Monday surprised many observers. TheTeslaInc. chief executive had spent the past several monthstrying to back out of the dealafter alleging Twitter misled him about key elements of its business, including the amount of spam on its platform.</p><p>In July, Mr. Musk formally moved to walk away from the deal,prompting Twitter to sue himto follow through with the transaction on the agreed-upon terms. Mr. Musk countersued, alleging that Twitter had misrepresented the condition of its business and key metrics about the users on its platform, which Twitter has denied.</p><p>For now, the Delaware Chancery Court judge presiding over the legal battle is pressing ahead withtrial preparations.</p><hr/><p>NEWSLETTER SIGN-UP</p><p>Technology</p><p>A weekly digest of tech reviews, headlines, columns and your questions answered by WSJ&#39;s Personal Tech gurus.</p><p>PreviewSubscribe</p><hr/><p>Chancellor Kathaleen McCormick ordered Mr. Musk’s team Wednesday to search for any morepossible electronic messagesrequested by Twitter as the two sides prepare for a five-day, nonjury trial in Wilmington, Del. She said neither party had moved to stop the litigation.</p><p>“The parties have not filed a stipulation to stay this action, nor has any party moved for a stay,” the judge wrote Wednesday. “I, therefore, continue to press on toward our trial set to begin on October 17.”</p><p>The Musk team has been aggressive in pushing for broad information from Twitter, including a range of employee communications and data related to spam and fake accounts. Those requests at times prompted frustration from Chancellor McCormick. She granted some requests but denied others, and once called Mr. Musk’s data requests absurdly broad.</p><p>Legal experts have maintained from the beginning that Twitter appeared to have the stronger case, in part because Mr. Musk waived due diligence before agreeing to the deal and the merger agreement gave Twitter the right to sue him to follow through with it under a concept called “specific performance.”</p><p>Still, even a small risk of Mr. Musk’s prevailing in a trial could be too much for a company the size of Twitter to bear. For this reason, the majority of broken deal cases end in negotiated settlements, often with a small price cut. Such was the case with litigation between LVMH Moët Hennessy Louis Vuitton SE and Tiffany &amp; Co. in 2020. Those parties agreed to a nearly 3% price cut to avert a trial.</p><p>While Twitter’s stock price has held up because of Mr. Musk’s potential acquisition, its performance has declined. The company reported a drop in revenue in the second quarter that it blamed on weakness in the advertising industry and uncertainty related to Mr. Musk’s acquisition.</p><p>Mr. Musk has given few specific details about his plans for Twitter, but he has said he wants to transform Twitter as a private company and unlock what he called its extraordinary potential as a platform for free speech.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk, Twitter Held Unsuccessful Talks About a Price Cut for Acquisition</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, Twitter Held Unsuccessful Talks About a Price Cut for Acquisition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-06 09:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/elon-musk-and-twitter-discussed-price-cut-to-44-billion-takeover-in-recent-weeks-11665017788?mod=Searchresults_pos1&page=1><strong>Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Representatives of Elon Musk and Twitter Inc. held unsuccessful talks about a possible price cut to his $44 billion deal to buy the social-media platform before he reversed course Monday and said ...</p>\n\n<a href=\"https://www.wsj.com/articles/elon-musk-and-twitter-discussed-price-cut-to-44-billion-takeover-in-recent-weeks-11665017788?mod=Searchresults_pos1&page=1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://www.wsj.com/articles/elon-musk-and-twitter-discussed-price-cut-to-44-billion-takeover-in-recent-weeks-11665017788?mod=Searchresults_pos1&page=1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148814250","content_text":"Representatives of Elon Musk and Twitter Inc. held unsuccessful talks about a possible price cut to his $44 billion deal to buy the social-media platform before he reversed course Monday and said hewould return to the original agreement’s terms, according to people familiar with the matter.The informal discussions happened in a series of conference calls in recent weeks between lawyers and ended after the two sides failed to agree on terms of a potential deal, the people said.Mr. Musk’s proposal this week to move forward with the April 25 takeover agreement still left unresolved issues. As of late Wednesday, representatives of Mr. Musk and Twitter were trying to hash out the details of his proposal this week to stick to the original agreement, including what would be required from both sides for litigation over the stalled deal to be dropped and whether the deal’s closing would be contingent on Mr. Musk receiving the necessary debt financing, some of the people said.There was hope a deal could be reached Tuesday or Wednesday, averting a trial scheduled to start Oct. 17, the people said. In a sign of potential progress, the two sides have agreed to delay Mr. Musk’s deposition, which was scheduled to begin Thursday in Texas, some of the people said.The price-cut talks had broken off before Mr. Musk caught Twitter off-guard by sending the company’s lawyers a two-sentence letter detailing his intentions.Mr. Musk’s apparent change of heart Monday surprised many observers. TheTeslaInc. chief executive had spent the past several monthstrying to back out of the dealafter alleging Twitter misled him about key elements of its business, including the amount of spam on its platform.In July, Mr. Musk formally moved to walk away from the deal,prompting Twitter to sue himto follow through with the transaction on the agreed-upon terms. Mr. Musk countersued, alleging that Twitter had misrepresented the condition of its business and key metrics about the users on its platform, which Twitter has denied.For now, the Delaware Chancery Court judge presiding over the legal battle is pressing ahead withtrial preparations.NEWSLETTER SIGN-UPTechnologyA weekly digest of tech reviews, headlines, columns and your questions answered by WSJ's Personal Tech gurus.PreviewSubscribeChancellor Kathaleen McCormick ordered Mr. Musk’s team Wednesday to search for any morepossible electronic messagesrequested by Twitter as the two sides prepare for a five-day, nonjury trial in Wilmington, Del. She said neither party had moved to stop the litigation.“The parties have not filed a stipulation to stay this action, nor has any party moved for a stay,” the judge wrote Wednesday. “I, therefore, continue to press on toward our trial set to begin on October 17.”The Musk team has been aggressive in pushing for broad information from Twitter, including a range of employee communications and data related to spam and fake accounts. Those requests at times prompted frustration from Chancellor McCormick. She granted some requests but denied others, and once called Mr. Musk’s data requests absurdly broad.Legal experts have maintained from the beginning that Twitter appeared to have the stronger case, in part because Mr. Musk waived due diligence before agreeing to the deal and the merger agreement gave Twitter the right to sue him to follow through with it under a concept called “specific performance.”Still, even a small risk of Mr. Musk’s prevailing in a trial could be too much for a company the size of Twitter to bear. For this reason, the majority of broken deal cases end in negotiated settlements, often with a small price cut. Such was the case with litigation between LVMH Moët Hennessy Louis Vuitton SE and Tiffany & Co. in 2020. Those parties agreed to a nearly 3% price cut to avert a trial.While Twitter’s stock price has held up because of Mr. Musk’s potential acquisition, its performance has declined. The company reported a drop in revenue in the second quarter that it blamed on weakness in the advertising industry and uncertainty related to Mr. Musk’s acquisition.Mr. Musk has given few specific details about his plans for Twitter, but he has said he wants to transform Twitter as a private company and unlock what he called its extraordinary potential as a platform for free speech.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915635707,"gmtCreate":1665019734210,"gmtModify":1676537545139,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9915635707","repostId":"2273289978","repostType":4,"repost":{"id":"2273289978","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":1665010824,"share":"https://www.laohu8.com/m/news/2273289978?lang=&edition=full","pubTime":"2022-10-06 07:00","market":"us","language":"en","title":"US STOCKS-Wall St Ends Down As Two-Day Rally Fizzles on Data, Fed Message","url":"https://stock-news.laohu8.com/highlight/detail?id=2273289978","media":"Reuters","summary":"Stocks rise in late-day surge on oversold conditionsU.S. private payrolls increase in September - ADPTwitter eases from one-year high, Tesla falls 6%Energy stocks jump as OPEC+ agrees to oil output cu","content":"<html><head></head><body><ul><li>Stocks rise in late-day surge on oversold conditions</li><li>U.S. private payrolls increase in September - ADP</li><li>Twitter eases from one-year high, Tesla falls 6%</li><li>Energy stocks jump as OPEC+ agrees to oil output cuts</li><li>Indices fall: Dow down 0.14%, S&amp;P 0.20%, Nasdaq 0.25%</li></ul><p>Wall Street stocks closed lower on Wednesday, unable to sustain a late-day surge, after data showing strong U.S. labor demand again suggested the Federal Reserve will keep interest rates higher for longer.</p><p>Fed officials have insisted on aggressive rate tightening to battle inflation, a message the market has feared would lead to a hard landing and likely recession.</p><p>However, investors also sought bargains in a market that appears oversold. The forward price-to-earnings ratio is at 15.9, close to its historic mean, down from around 22 before the market&#39;s big slide this year.</p><p>&#34;By battling back, to me that is a favorable indicator that this rally could have legs,&#34; said Sam Stovall, chief investment strategist at CFRA Research in New York.</p><p>&#34;It too confirms that investors believe, traders believe, that there&#39;s still more to go in this rally,&#34; he said.</p><p>U.S. private employers stepped up hiring in September, the ADP National Employment report on Wednesday showed, suggesting rising rates and tighter financial conditions have yet to curb labor demand as the Fed battles high inflation.</p><p>The Institute for Supply Management&#39;s services industry employment gauge shot up in another sign labor remains strong as the overall industry slowed modestly in September.</p><p>The Fed is expected to deliver a fourth straight 75-basis-point rate hike when policymakers meet Nov. 1-2, the pricing of fed fund futures shows, according to CME&#39;s FedWatch tool.</p><p>San Francisco Fed President Mary Daly told Bloomberg TV in an interview that inflation is problematic and that the U.S. central bank would stay the course.</p><p>&#34;The path is clear: we are going to raise rates to restrictive territory, then hold them there for a while,&#34; she said. &#34;We are committed to bringing inflation down, staying course until we are well and truly done.&#34;</p><p>The benchmark S&amp;P 500 index rose 5.7% Monday and Tuesday as Treasury yields slid sharply on softer U.S. economic data, the UK&#39;s turnaround on proposed tax cuts that had roiled markets and Australia&#39;s smaller-than-expected rate hike.</p><p>Treasury yields shot up again on Wednesday after the softer economic data failed to bolster budding hopes the Fed might pivot to a less hawkish policy stance.</p><p>Eight of the 11 major S&amp;P 500 sectors fell, led by a 2.25% decline in utilities and 1.9% drop in real estate.</p><p>The energy sector led the market higher, up 2.06%, after the Organization of the Petroleum Exporting Countries and allies agreed to cut oil production the deepest since the COVID-19 pandemic began, curbing supply in an already tight market.</p><p>The Dow Jones Industrial Average fell 42.45 points, or 0.14%, to 30,273.87, the S&amp;P 500 lost 7.65 points, or 0.20%, to 3,783.28 and the Nasdaq Composite dropped 27.77 points, or 0.25%, to 11,148.64.</p><p>Volume on U.S. exchanges was 10.43 billion shares, compared with the 11.64 billion average for the full session over the past 20 trading days.</p><p>Twitter Inc lost momentum in line with its peers, a day after surging 22% on billionaire Elon Musk&#39;s decision to proceed with his original $44-billion bid to take the social media company private.</p><p>Twitter fell 1.35% and Tesla Inc, the electric-car maker headed by Musk, also slid 3.46.</p><p>Declining issues outnumbered advancers on the NYSE by a 2.08-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted two new 52-week highs and nine new lows; the Nasdaq Composite recorded 49 new highs and 128 new lows.</p><p><img src=\"https://static.tigerbbs.com/b3a33699b08a1ca797d83440e680afee\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Ends Down As Two-Day Rally Fizzles on Data, Fed Message</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Ends Down As Two-Day Rally Fizzles on Data, Fed Message\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\">2022-10-06 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Stocks rise in late-day surge on oversold conditions</li><li>U.S. private payrolls increase in September - ADP</li><li>Twitter eases from one-year high, Tesla falls 6%</li><li>Energy stocks jump as OPEC+ agrees to oil output cuts</li><li>Indices fall: Dow down 0.14%, S&amp;P 0.20%, Nasdaq 0.25%</li></ul><p>Wall Street stocks closed lower on Wednesday, unable to sustain a late-day surge, after data showing strong U.S. labor demand again suggested the Federal Reserve will keep interest rates higher for longer.</p><p>Fed officials have insisted on aggressive rate tightening to battle inflation, a message the market has feared would lead to a hard landing and likely recession.</p><p>However, investors also sought bargains in a market that appears oversold. The forward price-to-earnings ratio is at 15.9, close to its historic mean, down from around 22 before the market&#39;s big slide this year.</p><p>&#34;By battling back, to me that is a favorable indicator that this rally could have legs,&#34; said Sam Stovall, chief investment strategist at CFRA Research in New York.</p><p>&#34;It too confirms that investors believe, traders believe, that there&#39;s still more to go in this rally,&#34; he said.</p><p>U.S. private employers stepped up hiring in September, the ADP National Employment report on Wednesday showed, suggesting rising rates and tighter financial conditions have yet to curb labor demand as the Fed battles high inflation.</p><p>The Institute for Supply Management&#39;s services industry employment gauge shot up in another sign labor remains strong as the overall industry slowed modestly in September.</p><p>The Fed is expected to deliver a fourth straight 75-basis-point rate hike when policymakers meet Nov. 1-2, the pricing of fed fund futures shows, according to CME&#39;s FedWatch tool.</p><p>San Francisco Fed President Mary Daly told Bloomberg TV in an interview that inflation is problematic and that the U.S. central bank would stay the course.</p><p>&#34;The path is clear: we are going to raise rates to restrictive territory, then hold them there for a while,&#34; she said. &#34;We are committed to bringing inflation down, staying course until we are well and truly done.&#34;</p><p>The benchmark S&amp;P 500 index rose 5.7% Monday and Tuesday as Treasury yields slid sharply on softer U.S. economic data, the UK&#39;s turnaround on proposed tax cuts that had roiled markets and Australia&#39;s smaller-than-expected rate hike.</p><p>Treasury yields shot up again on Wednesday after the softer economic data failed to bolster budding hopes the Fed might pivot to a less hawkish policy stance.</p><p>Eight of the 11 major S&amp;P 500 sectors fell, led by a 2.25% decline in utilities and 1.9% drop in real estate.</p><p>The energy sector led the market higher, up 2.06%, after the Organization of the Petroleum Exporting Countries and allies agreed to cut oil production the deepest since the COVID-19 pandemic began, curbing supply in an already tight market.</p><p>The Dow Jones Industrial Average fell 42.45 points, or 0.14%, to 30,273.87, the S&amp;P 500 lost 7.65 points, or 0.20%, to 3,783.28 and the Nasdaq Composite dropped 27.77 points, or 0.25%, to 11,148.64.</p><p>Volume on U.S. exchanges was 10.43 billion shares, compared with the 11.64 billion average for the full session over the past 20 trading days.</p><p>Twitter Inc lost momentum in line with its peers, a day after surging 22% on billionaire Elon Musk&#39;s decision to proceed with his original $44-billion bid to take the social media company private.</p><p>Twitter fell 1.35% and Tesla Inc, the electric-car maker headed by Musk, also slid 3.46.</p><p>Declining issues outnumbered advancers on the NYSE by a 2.08-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted two new 52-week highs and nine new lows; the Nasdaq Composite recorded 49 new highs and 128 new lows.</p><p><img src=\"https://static.tigerbbs.com/b3a33699b08a1ca797d83440e680afee\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273289978","content_text":"Stocks rise in late-day surge on oversold conditionsU.S. private payrolls increase in September - ADPTwitter eases from one-year high, Tesla falls 6%Energy stocks jump as OPEC+ agrees to oil output cutsIndices fall: Dow down 0.14%, S&P 0.20%, Nasdaq 0.25%Wall Street stocks closed lower on Wednesday, unable to sustain a late-day surge, after data showing strong U.S. labor demand again suggested the Federal Reserve will keep interest rates higher for longer.Fed officials have insisted on aggressive rate tightening to battle inflation, a message the market has feared would lead to a hard landing and likely recession.However, investors also sought bargains in a market that appears oversold. The forward price-to-earnings ratio is at 15.9, close to its historic mean, down from around 22 before the market's big slide this year.\"By battling back, to me that is a favorable indicator that this rally could have legs,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.\"It too confirms that investors believe, traders believe, that there's still more to go in this rally,\" he said.U.S. private employers stepped up hiring in September, the ADP National Employment report on Wednesday showed, suggesting rising rates and tighter financial conditions have yet to curb labor demand as the Fed battles high inflation.The Institute for Supply Management's services industry employment gauge shot up in another sign labor remains strong as the overall industry slowed modestly in September.The Fed is expected to deliver a fourth straight 75-basis-point rate hike when policymakers meet Nov. 1-2, the pricing of fed fund futures shows, according to CME's FedWatch tool.San Francisco Fed President Mary Daly told Bloomberg TV in an interview that inflation is problematic and that the U.S. central bank would stay the course.\"The path is clear: we are going to raise rates to restrictive territory, then hold them there for a while,\" she said. \"We are committed to bringing inflation down, staying course until we are well and truly done.\"The benchmark S&P 500 index rose 5.7% Monday and Tuesday as Treasury yields slid sharply on softer U.S. economic data, the UK's turnaround on proposed tax cuts that had roiled markets and Australia's smaller-than-expected rate hike.Treasury yields shot up again on Wednesday after the softer economic data failed to bolster budding hopes the Fed might pivot to a less hawkish policy stance.Eight of the 11 major S&P 500 sectors fell, led by a 2.25% decline in utilities and 1.9% drop in real estate.The energy sector led the market higher, up 2.06%, after the Organization of the Petroleum Exporting Countries and allies agreed to cut oil production the deepest since the COVID-19 pandemic began, curbing supply in an already tight market.The Dow Jones Industrial Average fell 42.45 points, or 0.14%, to 30,273.87, the S&P 500 lost 7.65 points, or 0.20%, to 3,783.28 and the Nasdaq Composite dropped 27.77 points, or 0.25%, to 11,148.64.Volume on U.S. exchanges was 10.43 billion shares, compared with the 11.64 billion average for the full session over the past 20 trading days.Twitter Inc lost momentum in line with its peers, a day after surging 22% on billionaire Elon Musk's decision to proceed with his original $44-billion bid to take the social media company private.Twitter fell 1.35% and Tesla Inc, the electric-car maker headed by Musk, also slid 3.46.Declining issues outnumbered advancers on the NYSE by a 2.08-to-1 ratio; on Nasdaq, a 1.69-to-1 ratio favored decliners.The S&P 500 posted two new 52-week highs and nine new lows; the Nasdaq Composite recorded 49 new highs and 128 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915635563,"gmtCreate":1665019718653,"gmtModify":1676537545132,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9915635563","repostId":"2273480168","repostType":4,"repost":{"id":"2273480168","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":1665017886,"share":"https://www.laohu8.com/m/news/2273480168?lang=&edition=full","pubTime":"2022-10-06 08:58","market":"us","language":"en","title":"How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2273480168","media":"Dow Jones","summary":"Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suis","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a291ba13430eddc8bf3a1b33b919cc58\" tg-width=\"860\" tg-height=\"544\" referrerpolicy=\"no-referrer\"/><span>Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suisse.’</span></p><p>A loud online chorus set its sights on one of Switzerland&#39;s biggest banks in recent days, helping spark wild trading and fanning fears that the institution, Credit Suisse, was barreling toward financial trouble.</p><p>For the bank, and for investors, the fast-spreading rumors served as a reminder of the sway online forums can now exert over financial markets -- nearly two years after individual investors banded together on social media to drive shares of GameStop Corp. to gravity-defying highs.</p><p>But while the meme-stock crowd has rallied to support ailing retailers and cinema chains, it remains suspicious of traditional finance. Much of the commentary around Credit Suisse was far more negative, poking fun at a bank some dubbed &#34;Debit Suisse.&#34;</p><p><img src=\"https://static.tigerbbs.com/f858fb60fe3ff850ba7a67945757c9ef\" tg-width=\"733\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Rumors about the financial health of Credit Suisse, the 166-year-old banking giant known for managing money for the world&#39;s rich, began flying late last week with social-media chatter about the company&#39;s tumbling share price. The company&#39;s chief executive ,  Ulrich Körner , urged employees in a memo that leaked late Friday not to confuse stock performance with the bank&#39;s capital strength and liquidity.</p><p>The bank has weathered a series of scandals and executive turnover in recent years, and the memo did little to assuage either investors or armchair experts on social media. A now-deleted tweet by a journalist in Australia claiming a major international investment bank was &#34;on the brink&#34; helped fuel speculation.</p><p>On Reddit, individual investors piled on, with some suggesting Credit Suisse could be the next Lehman Brothers, the U.S. investment bank that collapsed in 2008. Credit Suisse began to trend on Twitter. &#34;How the mighty have fallen,&#34; posted CNBC&#39;s Jim Cramer.</p><p>When markets opened Monday, the fallout was swift. The bank&#39;s shares plunged 12% in Zurich, touching a record intraday low, before recouping most of their losses in high trading volumes. The value of the bank&#39;s riskiest bonds dropped sharply, and the cost of insuring Credit Suisse&#39;s debt against default surged.</p><p>The turbulence built on a wild stretch for financial markets. In the past month, investors have seen the value of the British pound collapse, authorities in Japan and China move to defend their ailing currencies and the U.K. pension market nearly break as bond prices gyrated. Some investors worried Credit Suisse could be the latest market crack.</p><p>&#34;The perennial uncertainty that investors have experienced in the last couple of years has opened up the possibility that anything can break,&#34; said Peter Atwater, president of Financial Insyghts  and an adjunct professor at William &amp; Mary who studies investor confidence. Mr. Atwater said weak investor confidence, coupled with falling stocks and bonds, had fed into a &#34;catastrophic mind-set.&#34;</p><p>Jim Lewis, the co-founder of Wall Street Silver, a popular Twitter account and Reddit forum, said concern over the Federal Reserve may have also fueled anxiety. The U.S. central bank is lifting interest rates and paring its bondholdings, in a process known as quantitative tightening.</p><p>&#34;When you have such a dramatic change in interest rates and quantitative tightening so quickly, someone has to be on the wrong side of this,&#34; Mr. Lewis said. &#34;Someone is losing in this, and we&#39;re just waiting to see who it is.&#34;</p><p>Still, the kerfuffle over Credit Suisse surprised some market watchers. Despite years of scandals, including a more-than-$5 billion hit last year from its dealings with its client Archegos Capital Management, there were no obvious triggers for the sudden turmoil.  Credit Suisse plans to provide a strategy update on Oct. 27, which could include details on proposals to sell assets and sell businesses.</p><p><img src=\"https://static.tigerbbs.com/d63832ea1700968c35ee85a084691aea\" tg-width=\"734\" tg-height=\"515\" referrerpolicy=\"no-referrer\"/></p><p>The bank spent the weekend communicating with clients and investors, people familiar with the matter said, emphasizing the bank&#39;s near-$100 billion capital buffer. Some employees traced and monitored social-media posts across Twitter and Reddit, one of the people said, to determine to what extent they posed a reputational risk.</p><p>The  surge of posts on sites such as Reddit&#39;s WallStreetBets forum, a popular retail-investor hangout, marked a new frontier for the financial institution. Large banks typically haven&#39;t historically needed to spend much time scouring Reddit.</p><p>Wall Street analysts rushed to the bank&#39;s defense. JPMorgan analysts said in a Monday note that they saw Credit Suisse&#39;s &#34;capital and liquidity position as healthy.&#34; At Citigroup, analysts said: &#34;This is not 2008.&#34;</p><p>By Tuesday, some of the nerves had subsided. As global markets rallied, Credit Suisse&#39;s Swiss-traded shares rebounded nearly 9%, while the cost of insuring the bank&#39;s debt against default also declined.</p><p>While actual trading by individual investors was limited -- they bought a net $1 million or so of Credit Suisse&#39;s American depositary receipts Monday, according to Vanda Research -- the bank was the subject of a deluge of memes and jokes.</p><p>&#34;It just sort of took off like wildfire,&#34; said Mr. Lewis of Wall Street Silver. On social media, he said, &#34;it&#39;s more about laughing at the tragedy.&#34; He joined in the discussion on Twitter, posting memes and other tweets to the Wall Street Silver account, which boasts more than 330,000 followers, after seeing credit-default swaps on Credit Suisse rise.</p><p>Pinpointing how social-media frenzies spread can be difficult. Still, many investors are feeling pessimistic after a year where stocks and bonds have tumbled, leaving few good places to hide. And market-watchers say memories of the 2008 global financial crisis remain powerful.</p><p>In addition, while platforms such as Twitter and Facebook were operating then, they have grown in sway since. Individual investors have also become influencers on social media in recent years, making it easier for ideas about markets to spread virally. &#34;Imagine if we had social media in 2008,&#34; Mr. Lewis said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow a Social-Media Frenzy Around Credit Suisse Rattled Its Stock\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\">2022-10-06 08:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a291ba13430eddc8bf3a1b33b919cc58\" tg-width=\"860\" tg-height=\"544\" referrerpolicy=\"no-referrer\"/><span>Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suisse.’</span></p><p>A loud online chorus set its sights on one of Switzerland&#39;s biggest banks in recent days, helping spark wild trading and fanning fears that the institution, Credit Suisse, was barreling toward financial trouble.</p><p>For the bank, and for investors, the fast-spreading rumors served as a reminder of the sway online forums can now exert over financial markets -- nearly two years after individual investors banded together on social media to drive shares of GameStop Corp. to gravity-defying highs.</p><p>But while the meme-stock crowd has rallied to support ailing retailers and cinema chains, it remains suspicious of traditional finance. Much of the commentary around Credit Suisse was far more negative, poking fun at a bank some dubbed &#34;Debit Suisse.&#34;</p><p><img src=\"https://static.tigerbbs.com/f858fb60fe3ff850ba7a67945757c9ef\" tg-width=\"733\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Rumors about the financial health of Credit Suisse, the 166-year-old banking giant known for managing money for the world&#39;s rich, began flying late last week with social-media chatter about the company&#39;s tumbling share price. The company&#39;s chief executive ,  Ulrich Körner , urged employees in a memo that leaked late Friday not to confuse stock performance with the bank&#39;s capital strength and liquidity.</p><p>The bank has weathered a series of scandals and executive turnover in recent years, and the memo did little to assuage either investors or armchair experts on social media. A now-deleted tweet by a journalist in Australia claiming a major international investment bank was &#34;on the brink&#34; helped fuel speculation.</p><p>On Reddit, individual investors piled on, with some suggesting Credit Suisse could be the next Lehman Brothers, the U.S. investment bank that collapsed in 2008. Credit Suisse began to trend on Twitter. &#34;How the mighty have fallen,&#34; posted CNBC&#39;s Jim Cramer.</p><p>When markets opened Monday, the fallout was swift. The bank&#39;s shares plunged 12% in Zurich, touching a record intraday low, before recouping most of their losses in high trading volumes. The value of the bank&#39;s riskiest bonds dropped sharply, and the cost of insuring Credit Suisse&#39;s debt against default surged.</p><p>The turbulence built on a wild stretch for financial markets. In the past month, investors have seen the value of the British pound collapse, authorities in Japan and China move to defend their ailing currencies and the U.K. pension market nearly break as bond prices gyrated. Some investors worried Credit Suisse could be the latest market crack.</p><p>&#34;The perennial uncertainty that investors have experienced in the last couple of years has opened up the possibility that anything can break,&#34; said Peter Atwater, president of Financial Insyghts  and an adjunct professor at William &amp; Mary who studies investor confidence. Mr. Atwater said weak investor confidence, coupled with falling stocks and bonds, had fed into a &#34;catastrophic mind-set.&#34;</p><p>Jim Lewis, the co-founder of Wall Street Silver, a popular Twitter account and Reddit forum, said concern over the Federal Reserve may have also fueled anxiety. The U.S. central bank is lifting interest rates and paring its bondholdings, in a process known as quantitative tightening.</p><p>&#34;When you have such a dramatic change in interest rates and quantitative tightening so quickly, someone has to be on the wrong side of this,&#34; Mr. Lewis said. &#34;Someone is losing in this, and we&#39;re just waiting to see who it is.&#34;</p><p>Still, the kerfuffle over Credit Suisse surprised some market watchers. Despite years of scandals, including a more-than-$5 billion hit last year from its dealings with its client Archegos Capital Management, there were no obvious triggers for the sudden turmoil.  Credit Suisse plans to provide a strategy update on Oct. 27, which could include details on proposals to sell assets and sell businesses.</p><p><img src=\"https://static.tigerbbs.com/d63832ea1700968c35ee85a084691aea\" tg-width=\"734\" tg-height=\"515\" referrerpolicy=\"no-referrer\"/></p><p>The bank spent the weekend communicating with clients and investors, people familiar with the matter said, emphasizing the bank&#39;s near-$100 billion capital buffer. Some employees traced and monitored social-media posts across Twitter and Reddit, one of the people said, to determine to what extent they posed a reputational risk.</p><p>The  surge of posts on sites such as Reddit&#39;s WallStreetBets forum, a popular retail-investor hangout, marked a new frontier for the financial institution. Large banks typically haven&#39;t historically needed to spend much time scouring Reddit.</p><p>Wall Street analysts rushed to the bank&#39;s defense. JPMorgan analysts said in a Monday note that they saw Credit Suisse&#39;s &#34;capital and liquidity position as healthy.&#34; At Citigroup, analysts said: &#34;This is not 2008.&#34;</p><p>By Tuesday, some of the nerves had subsided. As global markets rallied, Credit Suisse&#39;s Swiss-traded shares rebounded nearly 9%, while the cost of insuring the bank&#39;s debt against default also declined.</p><p>While actual trading by individual investors was limited -- they bought a net $1 million or so of Credit Suisse&#39;s American depositary receipts Monday, according to Vanda Research -- the bank was the subject of a deluge of memes and jokes.</p><p>&#34;It just sort of took off like wildfire,&#34; said Mr. Lewis of Wall Street Silver. On social media, he said, &#34;it&#39;s more about laughing at the tragedy.&#34; He joined in the discussion on Twitter, posting memes and other tweets to the Wall Street Silver account, which boasts more than 330,000 followers, after seeing credit-default swaps on Credit Suisse rise.</p><p>Pinpointing how social-media frenzies spread can be difficult. Still, many investors are feeling pessimistic after a year where stocks and bonds have tumbled, leaving few good places to hide. And market-watchers say memories of the 2008 global financial crisis remain powerful.</p><p>In addition, while platforms such as Twitter and Facebook were operating then, they have grown in sway since. Individual investors have also become influencers on social media in recent years, making it easier for ideas about markets to spread virally. &#34;Imagine if we had social media in 2008,&#34; Mr. Lewis said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4118":"综合性资本市场","BK4508":"社交媒体","BK4534":"瑞士信贷持仓","BK4077":"互动媒体与服务","BK4579":"人工智能","BK4516":"特朗普概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4552":"Archegos爆仓风波概念","TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273480168","content_text":"Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suisse.’A loud online chorus set its sights on one of Switzerland's biggest banks in recent days, helping spark wild trading and fanning fears that the institution, Credit Suisse, was barreling toward financial trouble.For the bank, and for investors, the fast-spreading rumors served as a reminder of the sway online forums can now exert over financial markets -- nearly two years after individual investors banded together on social media to drive shares of GameStop Corp. to gravity-defying highs.But while the meme-stock crowd has rallied to support ailing retailers and cinema chains, it remains suspicious of traditional finance. Much of the commentary around Credit Suisse was far more negative, poking fun at a bank some dubbed \"Debit Suisse.\"Rumors about the financial health of Credit Suisse, the 166-year-old banking giant known for managing money for the world's rich, began flying late last week with social-media chatter about the company's tumbling share price. The company's chief executive ,  Ulrich Körner , urged employees in a memo that leaked late Friday not to confuse stock performance with the bank's capital strength and liquidity.The bank has weathered a series of scandals and executive turnover in recent years, and the memo did little to assuage either investors or armchair experts on social media. A now-deleted tweet by a journalist in Australia claiming a major international investment bank was \"on the brink\" helped fuel speculation.On Reddit, individual investors piled on, with some suggesting Credit Suisse could be the next Lehman Brothers, the U.S. investment bank that collapsed in 2008. Credit Suisse began to trend on Twitter. \"How the mighty have fallen,\" posted CNBC's Jim Cramer.When markets opened Monday, the fallout was swift. The bank's shares plunged 12% in Zurich, touching a record intraday low, before recouping most of their losses in high trading volumes. The value of the bank's riskiest bonds dropped sharply, and the cost of insuring Credit Suisse's debt against default surged.The turbulence built on a wild stretch for financial markets. In the past month, investors have seen the value of the British pound collapse, authorities in Japan and China move to defend their ailing currencies and the U.K. pension market nearly break as bond prices gyrated. Some investors worried Credit Suisse could be the latest market crack.\"The perennial uncertainty that investors have experienced in the last couple of years has opened up the possibility that anything can break,\" said Peter Atwater, president of Financial Insyghts  and an adjunct professor at William & Mary who studies investor confidence. Mr. Atwater said weak investor confidence, coupled with falling stocks and bonds, had fed into a \"catastrophic mind-set.\"Jim Lewis, the co-founder of Wall Street Silver, a popular Twitter account and Reddit forum, said concern over the Federal Reserve may have also fueled anxiety. The U.S. central bank is lifting interest rates and paring its bondholdings, in a process known as quantitative tightening.\"When you have such a dramatic change in interest rates and quantitative tightening so quickly, someone has to be on the wrong side of this,\" Mr. Lewis said. \"Someone is losing in this, and we're just waiting to see who it is.\"Still, the kerfuffle over Credit Suisse surprised some market watchers. Despite years of scandals, including a more-than-$5 billion hit last year from its dealings with its client Archegos Capital Management, there were no obvious triggers for the sudden turmoil.  Credit Suisse plans to provide a strategy update on Oct. 27, which could include details on proposals to sell assets and sell businesses.The bank spent the weekend communicating with clients and investors, people familiar with the matter said, emphasizing the bank's near-$100 billion capital buffer. Some employees traced and monitored social-media posts across Twitter and Reddit, one of the people said, to determine to what extent they posed a reputational risk.The  surge of posts on sites such as Reddit's WallStreetBets forum, a popular retail-investor hangout, marked a new frontier for the financial institution. Large banks typically haven't historically needed to spend much time scouring Reddit.Wall Street analysts rushed to the bank's defense. JPMorgan analysts said in a Monday note that they saw Credit Suisse's \"capital and liquidity position as healthy.\" At Citigroup, analysts said: \"This is not 2008.\"By Tuesday, some of the nerves had subsided. As global markets rallied, Credit Suisse's Swiss-traded shares rebounded nearly 9%, while the cost of insuring the bank's debt against default also declined.While actual trading by individual investors was limited -- they bought a net $1 million or so of Credit Suisse's American depositary receipts Monday, according to Vanda Research -- the bank was the subject of a deluge of memes and jokes.\"It just sort of took off like wildfire,\" said Mr. Lewis of Wall Street Silver. On social media, he said, \"it's more about laughing at the tragedy.\" He joined in the discussion on Twitter, posting memes and other tweets to the Wall Street Silver account, which boasts more than 330,000 followers, after seeing credit-default swaps on Credit Suisse rise.Pinpointing how social-media frenzies spread can be difficult. Still, many investors are feeling pessimistic after a year where stocks and bonds have tumbled, leaving few good places to hide. And market-watchers say memories of the 2008 global financial crisis remain powerful.In addition, while platforms such as Twitter and Facebook were operating then, they have grown in sway since. Individual investors have also become influencers on social media in recent years, making it easier for ideas about markets to spread virally. \"Imagine if we had social media in 2008,\" Mr. Lewis said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916247227,"gmtCreate":1664611837470,"gmtModify":1676537485149,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Up n down ... this is how the way it goes😂😂","listText":"Up n down ... this is how the way it goes😂😂","text":"Up n down ... this is how the way it goes😂😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9916247227","isVote":1,"tweetType":1,"viewCount":398,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916247617,"gmtCreate":1664611755039,"gmtModify":1676537485143,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916247617","repostId":"1101160753","repostType":4,"repost":{"id":"1101160753","pubTimestamp":1664591822,"share":"https://www.laohu8.com/m/news/1101160753?lang=&edition=full","pubTime":"2022-10-01 10:37","market":"us","language":"en","title":"Why Wall Street Isn’t Impressed With XPEV Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1101160753","media":"InvestorPlace","summary":"XPeng's (XPEV) vehicle deliveries are dwindling on a month-over-month basis.The company tried to def","content":"<html><head></head><body><ul><li><b>XPeng&#39;s</b> (<b><u>XPEV</u></b>) vehicle deliveries are dwindling on a month-over-month basis.</li><li>The company tried to deflect investors&#39; attention with a new SUV launch, but it didn&#39;t quell their concerns.</li><li>Investors should be highly cautious with XPEV stock now.</li></ul><p>There’s no doubt about it: <b>XPeng</b> (NYSE:<b><u>XPEV</u></b>) wants the world to know that the company just unveiled a new SUV. That’s all fine and well, but was this event enough to assuage investors’ concerns about XPeng? So far, the answer is no. The Chinese automakers’ dwindling deliveries, along with macroeconomic issues, are legitimate issues and could be deal-breakers for prospective XPEV stock buyers.</p><p>For informed investors, profitability is important; as they say, the bottom line is the bottom line. When it comes to automotive startups in the 2020s, there’s plenty of competition. If an electric vehicle (EV) maker has problematic financials and its delivery numbers aren’t moving in the right direction, these are bright red flags.</p><p>Sure, XPeng can try to deflect the focus away from these issues by rolling out a new vehicle model. Traders on Wall Street were too savvy to be distracted, though. Even a highly publicized SUV introduction didn’t give XPEV stock the boost that the bulls had undoubtedly hoped to see.</p><p><b>What’s Happening with XPEV Stock?</b></p><p>XPeng’s investors really needed a shot in the arm this year. The company’s shares started 2022 at $50, only to drift relentlessly down to around $60 by Sept. 20.</p><p>Then, in the early-morning hours on Sept. 21, XPeng issued a press release. The company proudly announced the unveiling of its new G9 Flagship SUV for the Chinese automotive market. The company touted the new SUV model’s fast-charging capabilities and driver-assistance system.</p><p>Wall Street, evidently, wasn’t too impressed. Financial traders dumped their shares, sending XPEV stock down over the following several days.</p><p>It just goes to show that introducing new products isn’t necessarily enough to mask a company’s problems. Moreover, it’s not hard to find these problems if you know where to look.</p><p><b>XPeng’s Deliveries and Financials Are Problematic</b></p><p>Even before we delve into company-specific issues, we can observe extrinsic factors that could cause problems for XPeng.</p><p>For one thing, due to friction between U.S. and Chinese regulators and officials, some China-based businesses stated their plans to delist from American exchanges, such as the <b>New York Stock Exchange</b>. This raises concerns that XPeng could also, sooner or later, potentially face a U.S.-exchange delisting threat.</p><p>Next, there are macroeconomic conditions to bear in mind. These include continuing Covid-19 lockdowns in China, weakness in the yuan, as well as a precarious Chinese real-estate market.</p><p>Finally, we can now turn our attention to XPeng-specific issues, which are likely impacted by broader macroeconomic factors.</p><p>XPeng proudly announced that the company delivered 9,578 vehicles in August. This shouldn’t be a bragging point, however, as XPeng had delivered 15,295 vehicles in June and 11,524 vehicles in July.</p><p>Along with quickly declining month-over-month vehicle deliveries, XPeng’s investors should also worry about the company’s most recently reported quarterly financial results.</p><p>Again, the bottom line is the bottom line, and Xpeng’s second-quarter 2022 non-GAAP-measured net earnings loss of $367.9 million (translated from Chinese RMB to U.S. dollars) fell short of Wall Street’s already downbeat prediction of a roughly $288 million quarterly net loss.</p><p><b>What You Can Do Now</b></p><p>Clearly, XPeng’s management would prefer that financial traders focus on the company’s new vehicle model. However, distraction tactics don’t always work on savvy Wall Street traders.</p><p>Cautious investors know full well that macroeconomic conditions are unfavorable for XPeng, and that the company’s delivery and financial data are less than ideal. Therefore, you can choose to stay out of the way as XPEV stock could easily continue on its unfortunate downward path.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Wall Street Isn’t Impressed With XPEV Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Wall Street Isn’t Impressed With XPEV Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-01 10:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/market360/2022/09/why-wall-street-isnt-impressed-with-xpev-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>XPeng's (XPEV) vehicle deliveries are dwindling on a month-over-month basis.The company tried to deflect investors' attention with a new SUV launch, but it didn't quell their concerns.Investors should...</p>\n\n<a href=\"https://investorplace.com/market360/2022/09/why-wall-street-isnt-impressed-with-xpev-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"https://investorplace.com/market360/2022/09/why-wall-street-isnt-impressed-with-xpev-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101160753","content_text":"XPeng's (XPEV) vehicle deliveries are dwindling on a month-over-month basis.The company tried to deflect investors' attention with a new SUV launch, but it didn't quell their concerns.Investors should be highly cautious with XPEV stock now.There’s no doubt about it: XPeng (NYSE:XPEV) wants the world to know that the company just unveiled a new SUV. That’s all fine and well, but was this event enough to assuage investors’ concerns about XPeng? So far, the answer is no. The Chinese automakers’ dwindling deliveries, along with macroeconomic issues, are legitimate issues and could be deal-breakers for prospective XPEV stock buyers.For informed investors, profitability is important; as they say, the bottom line is the bottom line. When it comes to automotive startups in the 2020s, there’s plenty of competition. If an electric vehicle (EV) maker has problematic financials and its delivery numbers aren’t moving in the right direction, these are bright red flags.Sure, XPeng can try to deflect the focus away from these issues by rolling out a new vehicle model. Traders on Wall Street were too savvy to be distracted, though. Even a highly publicized SUV introduction didn’t give XPEV stock the boost that the bulls had undoubtedly hoped to see.What’s Happening with XPEV Stock?XPeng’s investors really needed a shot in the arm this year. The company’s shares started 2022 at $50, only to drift relentlessly down to around $60 by Sept. 20.Then, in the early-morning hours on Sept. 21, XPeng issued a press release. The company proudly announced the unveiling of its new G9 Flagship SUV for the Chinese automotive market. The company touted the new SUV model’s fast-charging capabilities and driver-assistance system.Wall Street, evidently, wasn’t too impressed. Financial traders dumped their shares, sending XPEV stock down over the following several days.It just goes to show that introducing new products isn’t necessarily enough to mask a company’s problems. Moreover, it’s not hard to find these problems if you know where to look.XPeng’s Deliveries and Financials Are ProblematicEven before we delve into company-specific issues, we can observe extrinsic factors that could cause problems for XPeng.For one thing, due to friction between U.S. and Chinese regulators and officials, some China-based businesses stated their plans to delist from American exchanges, such as the New York Stock Exchange. This raises concerns that XPeng could also, sooner or later, potentially face a U.S.-exchange delisting threat.Next, there are macroeconomic conditions to bear in mind. These include continuing Covid-19 lockdowns in China, weakness in the yuan, as well as a precarious Chinese real-estate market.Finally, we can now turn our attention to XPeng-specific issues, which are likely impacted by broader macroeconomic factors.XPeng proudly announced that the company delivered 9,578 vehicles in August. This shouldn’t be a bragging point, however, as XPeng had delivered 15,295 vehicles in June and 11,524 vehicles in July.Along with quickly declining month-over-month vehicle deliveries, XPeng’s investors should also worry about the company’s most recently reported quarterly financial results.Again, the bottom line is the bottom line, and Xpeng’s second-quarter 2022 non-GAAP-measured net earnings loss of $367.9 million (translated from Chinese RMB to U.S. dollars) fell short of Wall Street’s already downbeat prediction of a roughly $288 million quarterly net loss.What You Can Do NowClearly, XPeng’s management would prefer that financial traders focus on the company’s new vehicle model. However, distraction tactics don’t always work on savvy Wall Street traders.Cautious investors know full well that macroeconomic conditions are unfavorable for XPeng, and that the company’s delivery and financial data are less than ideal. Therefore, you can choose to stay out of the way as XPEV stock could easily continue on its unfortunate downward path.","news_type":1},"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916247841,"gmtCreate":1664611736383,"gmtModify":1676537485141,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9916247841","repostId":"1157459217","repostType":4,"repost":{"id":"1157459217","pubTimestamp":1664676789,"share":"https://www.laohu8.com/m/news/1157459217?lang=&edition=full","pubTime":"2022-10-02 10:13","market":"us","language":"en","title":"Alibaba Stock: Attractive Valuation Despite Mid-Term Headwinds","url":"https://stock-news.laohu8.com/highlight/detail?id=1157459217","media":"TipRanks","summary":"Over the mid term,Alibaba’s share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s forecast for adj EPS in FY2024 has been cut by 4%, yet the share price has dropped by 34%.Moving forward, how can this be corrected?","content":"<div>\n<p>Over the mid term, Alibaba’s (BABA)share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock: Attractive Valuation Despite Mid-Term Headwinds</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock: Attractive Valuation Despite Mid-Term Headwinds\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-02 10:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the mid term, Alibaba’s (BABA)share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","BABA":"阿里巴巴"},"source_url":"https://www.tipranks.com/news/article/alibaba-stock-attractive-valuation-despite-mid-term-headwinds","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157459217","content_text":"Over the mid term, Alibaba’s (BABA)share price has had a habit of moving in step with earnings revisions but during the past 3 months, this relationship has weakened.During the period, Alibaba’s forecast for adj EPS in FY2024 has been cut by 4%, yet the share price has dropped by 34%.Moving forward, how can this be corrected? J.P. Morgan’sAlex Yao has an idea. The analyst believes “sentiment-driven fund flow is the current key share price driver and revenue recovery is the key determinant of market sentiment.”That is a bit of problem, then. Because Yao expects weak China consumption in the September quarter (F2Q23) to impact the revenue outlook.Since late August, Covid has once again been a disruptive force in a host of cities across China, and as such, Yao expects “limited improvement” in Alibaba’s core-core CMR (customer-management revenue) compared to the June quarter.The analyst sees the September quarter’s CMR falling by 4% from the same period last year, hardly any better than the June quarter’s 5% drop. On account of “low visibility of consumer sentiment improvement” or any relaxion of the Covid policies, the decline will continue in the December quarter, albeit at a slower pace (Yao expects a 2% year-over-year decline vs. anticipation of a positive turn previously).In contrast, given Alibaba’s firm commitment to cost-cutting and efficiency-improving measures, Yao sees “potential upside to consensus bottom-line projections.”However, that might not have enough of a positive effect right now. “Alibaba’s weakening revenue outlook in the near term could continue to weigh on the share price despite an unchanged, or even potentially better, profit outlook,” the analyst said, before summing up, “Nonetheless, we believe Alibaba’s share price is attractive on a 12-month view on 1) profit growth recovery to 20%+ in FY2024, 2) current consensus FY2024 PE of only 9x.”To this end, Yao rates BABA shares an Overweight (i.e., Buy) along with a $135 price target. This figure leaves room for 12-month share appreciation of ~69%. Yao’s rating stays an Overweight (i.e., Buy).Overall, Wall Street takes a bullish stance on Alibaba shares. 17 Buys and 1 Sell issued over the previous three months, making the stock a Strong Buy. Meanwhile, the $149.06 average price target suggests ~86% upside from current levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916247161,"gmtCreate":1664611720153,"gmtModify":1676537485136,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9916247161","repostId":"1167869076","repostType":4,"repost":{"id":"1167869076","pubTimestamp":1664595138,"share":"https://www.laohu8.com/m/news/1167869076?lang=&edition=full","pubTime":"2022-10-01 11:32","market":"other","language":"en","title":"2 REITs with the World’s Most Reliable Tenant","url":"https://stock-news.laohu8.com/highlight/detail?id=1167869076","media":"TipRanks","summary":"Story HighlightsDEA and PSTL are two unique REITs, with their sole tenant being the U.S. government.","content":"<div>\n<p>Story HighlightsDEA and PSTL are two unique REITs, with their sole tenant being the U.S. government. Their cash flows should remain secured, backed by the full faith and credit of Uncle Sam. DEA’s and...</p>\n\n<a href=\"https://www.tipranks.com/news/article/dea-pstl-reits-uncle-sam-always-pays-the-rent\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 REITs with the World’s Most Reliable Tenant</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 REITs with the World’s Most Reliable Tenant\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-01 11:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/dea-pstl-reits-uncle-sam-always-pays-the-rent><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsDEA and PSTL are two unique REITs, with their sole tenant being the U.S. government. Their cash flows should remain secured, backed by the full faith and credit of Uncle Sam. DEA’s and...</p>\n\n<a href=\"https://www.tipranks.com/news/article/dea-pstl-reits-uncle-sam-always-pays-the-rent\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DEA":"Easterly Government Properties Inc","PSTL":"Postal Realty Trust, Inc."},"source_url":"https://www.tipranks.com/news/article/dea-pstl-reits-uncle-sam-always-pays-the-rent","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167869076","content_text":"Story HighlightsDEA and PSTL are two unique REITs, with their sole tenant being the U.S. government. Their cash flows should remain secured, backed by the full faith and credit of Uncle Sam. DEA’s and PSTL’s dividend yields are quite juicy, while both stocks trade at rather reasonable valuations as well.While researching various office and industrial REITs lately, I came across two relatively unknown names whose qualities should shield them from the ongoing concerns surrounding the office and industrial property markets. Easterly Government Properties (NYSE: DEA) and Postal Realty Trust (NYSE: PSTL) have managed to avoid many of the underlying challenges impacting their industries by catering to the world’s most reliable tenant: The United States Government.Due to this remarkable quality, their high dividend yields, and reasonable valuations, I am bullish on both names.Other kinds of REITs often present more risk. Undoubtedly, commercial real estate was changed forever two years ago, as the COVID-19 pandemic disrupted the market dynamics massively. While the pandemic has largely faded, commercial real estate properties have failed to recover meaningfully, as demand for such spaces remains rather soft.Sure, most companies do utilize office space, but following the pandemic, hybrid working (i.e., working from home and from the office) seems to have prevailed. Industrial properties were proven more resilient during the pandemic, but with rates on the rise and the economy slowing down, their future also appears somewhat bleak.Therefore, DEA and PSTL are interesting REITs due to their well-known, high-quality tenant.What Do DEA and PSTL Do?To be more specific about DEA’s and PSTL’s unique advantages in the current environment, let’s quickly break down their operations.DEA provides office space for several mission-critical U.S. Federal Agencies. As of its latest filings, the company wholly owned 87 operating properties in the United States and has another six as part of a joint venture. 92 of these are operating properties that are leased primarily to U.S. Government tenant agencies.With 99% of its properties leased, the company enjoys robust lease income backed by the full faith and credit of the U.S. government. This is also the case with PSTL, as its properties exclusively serve the USPS.Why is Uncle Sam Such a Great Tenant?Having the U.S. government as your exclusive tenant comes with grand advantages that can form a stronghold moat. The greatest advantage, and what separates DEA and PSTL from ordinary REITs, is the unparalleled credit of Uncle Sam. Essentially, the U.S. government is universally agreed to be the most trustworthy creditor in the world (i.e., the institution that has the lowest chances among any other institution globally to fail.)It is quite safe to say that Uncle Sam has his rental payments entirely covered – especially when the tenants include mission-critical properties that house crucial agencies like the Federal Bureau of Investigation (FBI), the Environmental Protection Agency (EPA), the U.S. Citizenship & Immigration Services (USCIS), the U.S. Department of Veterans Affairs (VA), the Defense Health Agency (DHA), and the USPS.After all, the government can always print money to satisfy its obligations. Hence these two REITs face no counterparty risk or rent collection issues. This is a massive advantage these days, as “ordinary” REITs do experience these challenges.Further, no matter the underlying conditions, these agencies will “never” cease to exist due to being essential assets for vital government operations and national security. If this doesn’t convince of how high the quality of DEA’s cash flows and lease agreements are, the REIT has preserved a 100% occupancy ratio since its public listing.This is likely to remain the case for decades to come, as its weighted average lease term stands at a lengthy 19.6 years. Combined with the critical nature of the company’s tenants and the fact that they can’t just simply relocate (these properties are purpose-built for each agency’s needs), investors enjoy an unparalleled margin of safety.When it comes to PSTL, its occupancy stands at 99.7%. While its weighted average lease term stands at around four years (yes, postal offices are not as critical as agency centers), cash flows should be quite secured over the medium term. If anything, I would argue that PSTL even has an advantage here, as it can renegotiate leases at higher rates sooner.Is DEA Stock a Buy, According to Analysts?Turning to Wall Street, Easterly Government Properties has a Hold consensus rating based on one buy and four Holds assigned in the past three months. At $21.20, the average DEA stock forecast suggests around 34.5% upside potential.Interestingly, DEA stock only has a5 out of 10 Smart Score rating, implying that it will perform in line with the market, going forward – according to this metric, at least.Is PSTL Stock a Buy, According to Analysts?Turning to Wall Street, Postal Realty has a Moderate Buy consensus rating based on two buys and one Hold assigned in the past three months. At $18.00, the average PSTL stock forecast suggests around 21.13% upside potential.Unlike DEA, PSTL stock has an8 out of 10 Smart Score rating, suggesting that it can outperform the market, going forward.Conclusion: Safety Without OverpayingDEA and PSTL are rather unique, with all of their cash flow essentially guaranteed by the government under multi-year leases. Accordingly, their risk profiles are certainly reduced compared to ordinary REITs, and their respective yields of roughly 6.4% and 6.3% can be relied upon. Considering their unique qualities and high dividend yields, it’s quite surprising to see that both names trade at rather reasonable valuations.DEA and PSTL trade at around 11.5x and 16.2x their projected FFOs for the year. PSTL’s multiple is higher due to the likelihood of renegotiating leases sooner compared to DEA amid earlier expirations.Regardless, both names should be proven fruitful investments and eventually attract increased investor attention due to their exceptional positioning in such an uncertain environment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":250,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916247321,"gmtCreate":1664611708763,"gmtModify":1676537485134,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9916247321","repostId":"1193309788","repostType":4,"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916247901,"gmtCreate":1664611695103,"gmtModify":1676537485126,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Tks","listText":"Tks","text":"Tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9916247901","repostId":"1133444550","repostType":4,"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911986531,"gmtCreate":1664115429024,"gmtModify":1676537392380,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9911986531","repostId":"2269490734","repostType":4,"repost":{"id":"2269490734","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":1664066508,"share":"https://www.laohu8.com/m/news/2269490734?lang=&edition=full","pubTime":"2022-09-25 08:41","market":"us","language":"en","title":"If You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”","url":"https://stock-news.laohu8.com/highlight/detail?id=2269490734","media":"Dow Jones","summary":"Forget everything you think you know about the relationship between interest rates and the stock market.Forget everything you think you know about the relationship between interest rates and the stock","content":"<html><head></head><body><p>Forget everything you think you know about the relationship between interest rates and the stock market.</p><p>Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost universally believed on Wall Street. Plausible as this is, it is surprisingly difficult to support it empirically.</p><p>It would be important to challenge this notion at any time, but especially in light of the U.S. market&#39;s decline this past week following the Federal Reserve&#39;s most recent interest-rate hike announcement.</p><p>To show why higher interest rates aren&#39;t necessarily bad for equities, I compared the predictive power of the following two valuation indicators:</p><p>If higher interest rates were always bad for stocks, then the Fed Model&#39;s track record would be superior to that of the earnings yield.</p><p>It is not, as you can see from the table below. The table reports a statistic known as the r-squared, which reflects the degree to which one data series (in this case, the earnings yield or the Fed Model) predicts changes in a second series (in this case, the stock market&#39;s subsequent inflation-adjusted real return). The table reflects the U.S. stock market back to 1871, courtesy of data provided by Yale University&#39;s finance professor Robert Shiller.</p><p><img src=\"https://static.tigerbbs.com/64984acf0f40a1a5e886ef773747472a\" tg-width=\"939\" tg-height=\"268\" referrerpolicy=\"no-referrer\"/></p><p>In other words, the ability to predict the stock market&#39;s five- and 10-year returns goes down when taking interest rates into account.</p><h3>Money illusion</h3><p>These results are so surprising that it&#39;s important to explore why the conventional wisdom is wrong. That wisdom is based on the eminently plausible argument that higher interest rates mean that future years&#39; corporate earnings must be discounted at a higher rate when calculating their present value. While that argument is not wrong, Richard Warr,  a finance professor at North Carolina State University, told me, it&#39;s only half the story.</p><p>The other half of this story is that interest rates tend to be higher when inflation is higher, and average nominal earnings tend to grow faster in higher-inflation environments. Failing to appreciate this other half of the story is a fundamental mistake in economics known as &#34;inflation illusion&#34; -- confusing nominal with real, or inflation-adjusted, values.</p><p>According to research conducted by Warr, inflation&#39;s impact on nominal earnings and the discount rate largely cancel each other out over time. While earnings tend to grow faster when inflation is higher, they must be more heavily discounted when calculating their present value.</p><p>Investors were guilty of inflation illusion when they reacted to the Fed&#39;s latest interest rate announcement by selling stocks.</p><p>None of this means that the bear market shouldn&#39;t continue, or that equities aren&#39;t overvalued. Indeed, by many measures, stocks are still overvalued, despite the much cheaper prices wrought by the bear market. The point of this discussion is that higher interest rates are not an additional reason, above and beyond the other factors affecting the stock market, why the market should fall.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-25 08:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Forget everything you think you know about the relationship between interest rates and the stock market.</p><p>Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost universally believed on Wall Street. Plausible as this is, it is surprisingly difficult to support it empirically.</p><p>It would be important to challenge this notion at any time, but especially in light of the U.S. market&#39;s decline this past week following the Federal Reserve&#39;s most recent interest-rate hike announcement.</p><p>To show why higher interest rates aren&#39;t necessarily bad for equities, I compared the predictive power of the following two valuation indicators:</p><p>If higher interest rates were always bad for stocks, then the Fed Model&#39;s track record would be superior to that of the earnings yield.</p><p>It is not, as you can see from the table below. The table reports a statistic known as the r-squared, which reflects the degree to which one data series (in this case, the earnings yield or the Fed Model) predicts changes in a second series (in this case, the stock market&#39;s subsequent inflation-adjusted real return). The table reflects the U.S. stock market back to 1871, courtesy of data provided by Yale University&#39;s finance professor Robert Shiller.</p><p><img src=\"https://static.tigerbbs.com/64984acf0f40a1a5e886ef773747472a\" tg-width=\"939\" tg-height=\"268\" referrerpolicy=\"no-referrer\"/></p><p>In other words, the ability to predict the stock market&#39;s five- and 10-year returns goes down when taking interest rates into account.</p><h3>Money illusion</h3><p>These results are so surprising that it&#39;s important to explore why the conventional wisdom is wrong. That wisdom is based on the eminently plausible argument that higher interest rates mean that future years&#39; corporate earnings must be discounted at a higher rate when calculating their present value. While that argument is not wrong, Richard Warr,  a finance professor at North Carolina State University, told me, it&#39;s only half the story.</p><p>The other half of this story is that interest rates tend to be higher when inflation is higher, and average nominal earnings tend to grow faster in higher-inflation environments. Failing to appreciate this other half of the story is a fundamental mistake in economics known as &#34;inflation illusion&#34; -- confusing nominal with real, or inflation-adjusted, values.</p><p>According to research conducted by Warr, inflation&#39;s impact on nominal earnings and the discount rate largely cancel each other out over time. While earnings tend to grow faster when inflation is higher, they must be more heavily discounted when calculating their present value.</p><p>Investors were guilty of inflation illusion when they reacted to the Fed&#39;s latest interest rate announcement by selling stocks.</p><p>None of this means that the bear market shouldn&#39;t continue, or that equities aren&#39;t overvalued. Indeed, by many measures, stocks are still overvalued, despite the much cheaper prices wrought by the bear market. The point of this discussion is that higher interest rates are not an additional reason, above and beyond the other factors affecting the stock market, why the market should fall.</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":"2269490734","content_text":"Forget everything you think you know about the relationship between interest rates and the stock market.Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost universally believed on Wall Street. Plausible as this is, it is surprisingly difficult to support it empirically.It would be important to challenge this notion at any time, but especially in light of the U.S. market's decline this past week following the Federal Reserve's most recent interest-rate hike announcement.To show why higher interest rates aren't necessarily bad for equities, I compared the predictive power of the following two valuation indicators:If higher interest rates were always bad for stocks, then the Fed Model's track record would be superior to that of the earnings yield.It is not, as you can see from the table below. The table reports a statistic known as the r-squared, which reflects the degree to which one data series (in this case, the earnings yield or the Fed Model) predicts changes in a second series (in this case, the stock market's subsequent inflation-adjusted real return). The table reflects the U.S. stock market back to 1871, courtesy of data provided by Yale University's finance professor Robert Shiller.In other words, the ability to predict the stock market's five- and 10-year returns goes down when taking interest rates into account.Money illusionThese results are so surprising that it's important to explore why the conventional wisdom is wrong. That wisdom is based on the eminently plausible argument that higher interest rates mean that future years' corporate earnings must be discounted at a higher rate when calculating their present value. While that argument is not wrong, Richard Warr,  a finance professor at North Carolina State University, told me, it's only half the story.The other half of this story is that interest rates tend to be higher when inflation is higher, and average nominal earnings tend to grow faster in higher-inflation environments. Failing to appreciate this other half of the story is a fundamental mistake in economics known as \"inflation illusion\" -- confusing nominal with real, or inflation-adjusted, values.According to research conducted by Warr, inflation's impact on nominal earnings and the discount rate largely cancel each other out over time. While earnings tend to grow faster when inflation is higher, they must be more heavily discounted when calculating their present value.Investors were guilty of inflation illusion when they reacted to the Fed's latest interest rate announcement by selling stocks.None of this means that the bear market shouldn't continue, or that equities aren't overvalued. Indeed, by many measures, stocks are still overvalued, despite the much cheaper prices wrought by the bear market. The point of this discussion is that higher interest rates are not an additional reason, above and beyond the other factors affecting the stock market, why the market should fall.","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919274045,"gmtCreate":1663812928188,"gmtModify":1676537341842,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok tks","listText":"Ok tks","text":"Ok tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919274045","repostId":"2269190686","repostType":4,"repost":{"id":"2269190686","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":1663810766,"share":"https://www.laohu8.com/m/news/2269190686?lang=&edition=full","pubTime":"2022-09-22 09:39","market":"us","language":"en","title":"SoftBank to Discuss Arm \"Strategic Alliance\" With Samsung","url":"https://stock-news.laohu8.com/highlight/detail?id=2269190686","media":"Reuters","summary":"TOKYO, Sept 22 (Reuters) - SoftBank Group Corp founder and CEO Masayoshi Son will discuss a \"strateg","content":"<html><head></head><body><p>TOKYO, Sept 22 (Reuters) - SoftBank Group Corp founder and CEO Masayoshi Son will discuss a &#34;strategic alliance&#34; between chip designer Arm and Samsung Electronics during the billionaire&#39;s first visit to South Korea in three years.</p><p>&#34;I&#39;m looking forward to visiting Korea for the first time in three years. I&#39;d like to talk with Samsung about a strategic alliance with Arm,&#34; Son said in a statement.</p><p>The visit comes amid speculation by analysts and media over the potential formation of an industry consortium to buy Arm.</p><p>SoftBank has outlined plans to list the chip designer in the United States as it looks to raise cash after booking a huge loss at its Vision Fund investment arm.</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>SoftBank to Discuss Arm \"Strategic Alliance\" With Samsung</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\">\nSoftBank to Discuss Arm \"Strategic Alliance\" With Samsung\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 09:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>TOKYO, Sept 22 (Reuters) - SoftBank Group Corp founder and CEO Masayoshi Son will discuss a &#34;strategic alliance&#34; between chip designer Arm and Samsung Electronics during the billionaire&#39;s first visit to South Korea in three years.</p><p>&#34;I&#39;m looking forward to visiting Korea for the first time in three years. I&#39;d like to talk with Samsung about a strategic alliance with Arm,&#34; Son said in a statement.</p><p>The visit comes amid speculation by analysts and media over the potential formation of an industry consortium to buy Arm.</p><p>SoftBank has outlined plans to list the chip designer in the United States as it looks to raise cash after booking a huge loss at its Vision Fund investment arm.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SSNLF":"三星电子","SFTBY":"软银集团"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269190686","content_text":"TOKYO, Sept 22 (Reuters) - SoftBank Group Corp founder and CEO Masayoshi Son will discuss a \"strategic alliance\" between chip designer Arm and Samsung Electronics during the billionaire's first visit to South Korea in three years.\"I'm looking forward to visiting Korea for the first time in three years. I'd like to talk with Samsung about a strategic alliance with Arm,\" Son said in a statement.The visit comes amid speculation by analysts and media over the potential formation of an industry consortium to buy Arm.SoftBank has outlined plans to list the chip designer in the United States as it looks to raise cash after booking a huge loss at its Vision Fund investment arm.","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919275491,"gmtCreate":1663812893913,"gmtModify":1676537341833,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok tks for info share","listText":"Ok tks for info share","text":"Ok tks for info share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9919275491","repostId":"2269190948","repostType":4,"repost":{"id":"2269190948","pubTimestamp":1663811929,"share":"https://www.laohu8.com/m/news/2269190948?lang=&edition=full","pubTime":"2022-09-22 09:58","market":"us","language":"en","title":"The Street Is Sleeping on Nvidia Stock, Says Top Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2269190948","media":"TipRanks","summary":"Nvidia  stock has been through the wringer this year and even the latest announcements made by the c","content":"<div>\n<p>Nvidia  stock has been through the wringer this year and even the latest announcements made by the chip giant at its fall GTC gathering didn't really help to move the needle on the shares.NVIDIA ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/the-street-is-sleeping-on-nvidia-stock-says-top-analyst\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Street Is Sleeping on Nvidia Stock, Says Top Analyst</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; 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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\">\nThe Street Is Sleeping on Nvidia Stock, Says Top Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-22 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/the-street-is-sleeping-on-nvidia-stock-says-top-analyst><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia  stock has been through the wringer this year and even the latest announcements made by the chip giant at its fall GTC gathering didn't really help to move the needle on the shares.NVIDIA ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/the-street-is-sleeping-on-nvidia-stock-says-top-analyst\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.tipranks.com/news/article/the-street-is-sleeping-on-nvidia-stock-says-top-analyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269190948","content_text":"Nvidia  stock has been through the wringer this year and even the latest announcements made by the chip giant at its fall GTC gathering didn't really help to move the needle on the shares.NVIDIA announced the launch of the next-generation GeForce RTX 40 Series GPUs powered by the Ada Lovelace architecture. In his keynote, CEO Jensen Huang called the new GPU a “quantum leap” which will give creators the ability to build fully simulated worlds.The H100 -- touted as the most powerful AI-focused GPU the company has manufactured, which is based on the Hopper architecture and armed with Hopper’s next-generation Transformer Engine -- is now in full production and will begin shipping via OEMs in October.Huang also said that the 2nd-generation OVX systems – designed for scaling out metaverse applications and set to be powered by Ada Lovelace L40 data center GPUs - are also now in full production.That’s just a taster of all the things on offer. Yet, the Street’s tepid reaction is perhaps a reflection of the sheen Nvidia has lost over the past year; dwindling Gaming sales, the expected loss of GPU revenue over the Ethereum merge and the US government’s restrictions on exports of the H100 to China have all helped sour sentiment for this once unstoppable growth story.But write off Nvidia at your peril, appears to be the stance of Rosneblatt’s Hans Mosesmann. The 5-star analyst thinks the Street is completely underappreciating the seismic changes at play.“Ada Lovelace and the compute big brother Hopper are set to be the biggest GPU launches in the history of GPUs and we dare say the biggest compute launches in the last generation in Silicon Valley,” Mosesmann wrote excitedly. “We get that the Street is snake bit and perhaps not in the mood for all the GTC cool stuff that is hugely strategic. Much less internalized what Nvidia is doing with its Omniverse/AI thrust (cloud services, OVX computers, Enterprise S/W, Orin, Thor, and we could go on and on). But longer-term investors will be rewarded in our opinion as in past cycles.\"Mosesmann’s confidence is conveyed in his Buy rating and backed by a Street-high $320 price target, suggesting shares will be changing hands for a 141% premium a year from now.Mosesmann is hardly the only analyst to come out bullish for NVDA; the stock has a 23 to 9 split in favor of Buy reviews over Holds, giving it a Moderate Buy consensus rating. The shares are priced at $132.61 and their $205.74 average target suggests room for 55% appreciation next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919275204,"gmtCreate":1663812868808,"gmtModify":1676537341826,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919275204","repostId":"1177117751","repostType":4,"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919275820,"gmtCreate":1663812847660,"gmtModify":1676537341818,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9919275820","repostId":"1161572204","repostType":4,"repost":{"id":"1161572204","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":1663800201,"share":"https://www.laohu8.com/m/news/1161572204?lang=&edition=full","pubTime":"2022-09-22 06:43","market":"us","language":"en","title":"Fed Delivers Another Big Rate Hike; Powell Vows to \"Keep at It\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1161572204","media":"Reuters","summary":"Fed lifts target interest rate to 3.00%-3.25% rangeForecasts show another large hike likely by end o","content":"<html><head></head><body><ul><li>Fed lifts target interest rate to 3.00%-3.25% range</li><li>Forecasts show another large hike likely by end of year</li><li>Powell: No &#39;painless&#39; way to bring down inflation</li></ul><p>WASHINGTON, Sept 21 (Reuters) - Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would &#34;keep at&#34; their battle to beat down inflation, as the U.S. central bank hiked interest rates by three-quarters of a percentage point for a third straight time and signaled that borrowing costs would keep rising this year.</p><p>In a sobering new set of projections, the Fed foresees its policy rate rising at a faster pace and to a higher level than expected, the economy slowing to a crawl, and unemployment rising to a degree historically associated with recessions.</p><p>Powell was blunt about the &#34;pain&#34; to come, citing rising joblessness and singling out the housing market, a persistent source of rising consumer inflation, as being likely in need of a &#34;correction.&#34;</p><p>Earlier on Wednesday, the National Association of Realtors reported that U.S. existing home sales dropped for a seventh straight month in August.</p><p>The United States has had a &#34;red hot housing market ... There was a big imbalance,&#34; Powell said in a news conference after Fed policymakers unanimously agreed to raise the central bank&#39;s benchmark overnight interest rate to a range of 3.00%-3.25%. &#34;What we need is supply and demand to get better aligned ... We probably in the housing market have to go through a correction to get back to that place.&#34;</p><p>That theme, of a continuing mismatch between U.S. demand for goods and services and the ability of the country to produce or import them, ran through a briefing in which Powell stuck with the hawkish tone set during his remarks last month at the Jackson Hole central banking conference in Wyoming.</p><p>Recent inflation data has shown little to no improvement despite the Fed&#39;s aggressive tightening - it also announced 75-basis-point rate hikes in June and July - and the labor market remains robust with wages increasing as well.</p><p>The federal funds rate projected for the end of this year signals another 1.25 percentage points in rate hikes to come in the Fed&#39;s two remaining policy meetings in 2022, a level that implies another 75-basis-point increase in the offing.</p><p>&#34;The committee is strongly committed to returning inflation to its 2% objective,&#34; the central bank&#39;s rate-setting Federal Open Market Committee said in its policy statement after the end of a two-day policy meeting.</p><p>The Fed &#34;anticipates that ongoing increases in the target range will be appropriate.&#34;</p><p><b>GROWTH SLOWDOWN</b></p><p>The Fed&#39;s target policy rate is now at its highest level since 2008 - and new projections show it rising to the 4.25%-4.50% range by the end of this year and ending 2023 at 4.50%-4.75%.</p><p>Powell said the indicated path of rates showed the Fed was &#34;strongly resolved&#34; to bring down inflation from the highest levels in four decades and that officials would &#34;keep at it until the job is done&#34; even at the risk of unemployment rising and growth slowing to a stall.</p><p>&#34;We have got to get inflation behind us,&#34; Powell told reporters. &#34;I wish there were a painless way to do that. There isn&#39;t.&#34;</p><p>Inflation by the Fed&#39;s preferred measure has been running at more than three times the central bank&#39;s target. The new projections put it on a slow path back to 2% in 2025, an extended Fed battle to quell the highest bout of inflation since the 1980s, and one that potentially pushes the economy to the borderline of a recession.</p><p>The Fed said that &#34;recent indicators point to modest growth in spending and production,&#34; but the new projections put year-end economic growth for 2022 at 0.2%, rising to 1.2% in 2023, well below the economy&#39;s potential. The unemployment rate, currently at 3.7%, is projected to rise to 3.8% this year and to 4.4% in 2023. That would be above the half-percentage-point rise in unemployment that has been associated with past recessions.</p><p>&#34;The Fed was late to recognize inflation, late to start raising interest rates, and late to start unwinding bond purchases. They&#39;ve been playing catch-up ever since. And they&#39;re not done yet,&#34; said Greg McBride, chief financial analyst at Bankrate.</p><p>U.S. stocks, already mired in a bear market over concerns about the Fed&#39;s monetary policy tightening, ended the day sharply lower, with the S&amp;P 500 index skidding 1.7%.</p><p>In the U.S. Treasury market, which plays a key role in the transmission of Fed policy decisions into the real economy, yields on the 2-year note vaulted over the 4% mark, their highest levels since 2007.</p><p>The dollar hit a fresh two-decade high against a basket of currencies, gaining more than 1%. The U.S. currency&#39;s strength - it has appreciated by more than 16% on a year-to-date basis - has stoked concern at central banks around the world about potential exchange rate and other financial shocks.</p><p>Some are not even trying to match the Fed&#39;s blistering pace of tightening, with the Bank of Japan on Thursday expected to hold fast to its ultra-easy policy and keep its policy rate at minus 0.1%, likely leaving it as the last major monetary policy authority in the world with a negative policy rate.</p><p>Others are making an effort to stay somewhat abreast of the Fed. The Bank of England, for example, is expected to lift its policy rate by at least half a percentage point on Thursday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed Delivers Another Big Rate Hike; Powell Vows to \"Keep at It\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFed Delivers Another Big Rate Hike; Powell Vows to \"Keep at It\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 06:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Fed lifts target interest rate to 3.00%-3.25% range</li><li>Forecasts show another large hike likely by end of year</li><li>Powell: No &#39;painless&#39; way to bring down inflation</li></ul><p>WASHINGTON, Sept 21 (Reuters) - Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would &#34;keep at&#34; their battle to beat down inflation, as the U.S. central bank hiked interest rates by three-quarters of a percentage point for a third straight time and signaled that borrowing costs would keep rising this year.</p><p>In a sobering new set of projections, the Fed foresees its policy rate rising at a faster pace and to a higher level than expected, the economy slowing to a crawl, and unemployment rising to a degree historically associated with recessions.</p><p>Powell was blunt about the &#34;pain&#34; to come, citing rising joblessness and singling out the housing market, a persistent source of rising consumer inflation, as being likely in need of a &#34;correction.&#34;</p><p>Earlier on Wednesday, the National Association of Realtors reported that U.S. existing home sales dropped for a seventh straight month in August.</p><p>The United States has had a &#34;red hot housing market ... There was a big imbalance,&#34; Powell said in a news conference after Fed policymakers unanimously agreed to raise the central bank&#39;s benchmark overnight interest rate to a range of 3.00%-3.25%. &#34;What we need is supply and demand to get better aligned ... We probably in the housing market have to go through a correction to get back to that place.&#34;</p><p>That theme, of a continuing mismatch between U.S. demand for goods and services and the ability of the country to produce or import them, ran through a briefing in which Powell stuck with the hawkish tone set during his remarks last month at the Jackson Hole central banking conference in Wyoming.</p><p>Recent inflation data has shown little to no improvement despite the Fed&#39;s aggressive tightening - it also announced 75-basis-point rate hikes in June and July - and the labor market remains robust with wages increasing as well.</p><p>The federal funds rate projected for the end of this year signals another 1.25 percentage points in rate hikes to come in the Fed&#39;s two remaining policy meetings in 2022, a level that implies another 75-basis-point increase in the offing.</p><p>&#34;The committee is strongly committed to returning inflation to its 2% objective,&#34; the central bank&#39;s rate-setting Federal Open Market Committee said in its policy statement after the end of a two-day policy meeting.</p><p>The Fed &#34;anticipates that ongoing increases in the target range will be appropriate.&#34;</p><p><b>GROWTH SLOWDOWN</b></p><p>The Fed&#39;s target policy rate is now at its highest level since 2008 - and new projections show it rising to the 4.25%-4.50% range by the end of this year and ending 2023 at 4.50%-4.75%.</p><p>Powell said the indicated path of rates showed the Fed was &#34;strongly resolved&#34; to bring down inflation from the highest levels in four decades and that officials would &#34;keep at it until the job is done&#34; even at the risk of unemployment rising and growth slowing to a stall.</p><p>&#34;We have got to get inflation behind us,&#34; Powell told reporters. &#34;I wish there were a painless way to do that. There isn&#39;t.&#34;</p><p>Inflation by the Fed&#39;s preferred measure has been running at more than three times the central bank&#39;s target. The new projections put it on a slow path back to 2% in 2025, an extended Fed battle to quell the highest bout of inflation since the 1980s, and one that potentially pushes the economy to the borderline of a recession.</p><p>The Fed said that &#34;recent indicators point to modest growth in spending and production,&#34; but the new projections put year-end economic growth for 2022 at 0.2%, rising to 1.2% in 2023, well below the economy&#39;s potential. The unemployment rate, currently at 3.7%, is projected to rise to 3.8% this year and to 4.4% in 2023. That would be above the half-percentage-point rise in unemployment that has been associated with past recessions.</p><p>&#34;The Fed was late to recognize inflation, late to start raising interest rates, and late to start unwinding bond purchases. They&#39;ve been playing catch-up ever since. And they&#39;re not done yet,&#34; said Greg McBride, chief financial analyst at Bankrate.</p><p>U.S. stocks, already mired in a bear market over concerns about the Fed&#39;s monetary policy tightening, ended the day sharply lower, with the S&amp;P 500 index skidding 1.7%.</p><p>In the U.S. Treasury market, which plays a key role in the transmission of Fed policy decisions into the real economy, yields on the 2-year note vaulted over the 4% mark, their highest levels since 2007.</p><p>The dollar hit a fresh two-decade high against a basket of currencies, gaining more than 1%. The U.S. currency&#39;s strength - it has appreciated by more than 16% on a year-to-date basis - has stoked concern at central banks around the world about potential exchange rate and other financial shocks.</p><p>Some are not even trying to match the Fed&#39;s blistering pace of tightening, with the Bank of Japan on Thursday expected to hold fast to its ultra-easy policy and keep its policy rate at minus 0.1%, likely leaving it as the last major monetary policy authority in the world with a negative policy rate.</p><p>Others are making an effort to stay somewhat abreast of the Fed. The Bank of England, for example, is expected to lift its policy rate by at least half a percentage point on Thursday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161572204","content_text":"Fed lifts target interest rate to 3.00%-3.25% rangeForecasts show another large hike likely by end of yearPowell: No 'painless' way to bring down inflationWASHINGTON, Sept 21 (Reuters) - Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would \"keep at\" their battle to beat down inflation, as the U.S. central bank hiked interest rates by three-quarters of a percentage point for a third straight time and signaled that borrowing costs would keep rising this year.In a sobering new set of projections, the Fed foresees its policy rate rising at a faster pace and to a higher level than expected, the economy slowing to a crawl, and unemployment rising to a degree historically associated with recessions.Powell was blunt about the \"pain\" to come, citing rising joblessness and singling out the housing market, a persistent source of rising consumer inflation, as being likely in need of a \"correction.\"Earlier on Wednesday, the National Association of Realtors reported that U.S. existing home sales dropped for a seventh straight month in August.The United States has had a \"red hot housing market ... There was a big imbalance,\" Powell said in a news conference after Fed policymakers unanimously agreed to raise the central bank's benchmark overnight interest rate to a range of 3.00%-3.25%. \"What we need is supply and demand to get better aligned ... We probably in the housing market have to go through a correction to get back to that place.\"That theme, of a continuing mismatch between U.S. demand for goods and services and the ability of the country to produce or import them, ran through a briefing in which Powell stuck with the hawkish tone set during his remarks last month at the Jackson Hole central banking conference in Wyoming.Recent inflation data has shown little to no improvement despite the Fed's aggressive tightening - it also announced 75-basis-point rate hikes in June and July - and the labor market remains robust with wages increasing as well.The federal funds rate projected for the end of this year signals another 1.25 percentage points in rate hikes to come in the Fed's two remaining policy meetings in 2022, a level that implies another 75-basis-point increase in the offing.\"The committee is strongly committed to returning inflation to its 2% objective,\" the central bank's rate-setting Federal Open Market Committee said in its policy statement after the end of a two-day policy meeting.The Fed \"anticipates that ongoing increases in the target range will be appropriate.\"GROWTH SLOWDOWNThe Fed's target policy rate is now at its highest level since 2008 - and new projections show it rising to the 4.25%-4.50% range by the end of this year and ending 2023 at 4.50%-4.75%.Powell said the indicated path of rates showed the Fed was \"strongly resolved\" to bring down inflation from the highest levels in four decades and that officials would \"keep at it until the job is done\" even at the risk of unemployment rising and growth slowing to a stall.\"We have got to get inflation behind us,\" Powell told reporters. \"I wish there were a painless way to do that. There isn't.\"Inflation by the Fed's preferred measure has been running at more than three times the central bank's target. The new projections put it on a slow path back to 2% in 2025, an extended Fed battle to quell the highest bout of inflation since the 1980s, and one that potentially pushes the economy to the borderline of a recession.The Fed said that \"recent indicators point to modest growth in spending and production,\" but the new projections put year-end economic growth for 2022 at 0.2%, rising to 1.2% in 2023, well below the economy's potential. The unemployment rate, currently at 3.7%, is projected to rise to 3.8% this year and to 4.4% in 2023. That would be above the half-percentage-point rise in unemployment that has been associated with past recessions.\"The Fed was late to recognize inflation, late to start raising interest rates, and late to start unwinding bond purchases. They've been playing catch-up ever since. And they're not done yet,\" said Greg McBride, chief financial analyst at Bankrate.U.S. stocks, already mired in a bear market over concerns about the Fed's monetary policy tightening, ended the day sharply lower, with the S&P 500 index skidding 1.7%.In the U.S. Treasury market, which plays a key role in the transmission of Fed policy decisions into the real economy, yields on the 2-year note vaulted over the 4% mark, their highest levels since 2007.The dollar hit a fresh two-decade high against a basket of currencies, gaining more than 1%. The U.S. currency's strength - it has appreciated by more than 16% on a year-to-date basis - has stoked concern at central banks around the world about potential exchange rate and other financial shocks.Some are not even trying to match the Fed's blistering pace of tightening, with the Bank of Japan on Thursday expected to hold fast to its ultra-easy policy and keep its policy rate at minus 0.1%, likely leaving it as the last major monetary policy authority in the world with a negative policy rate.Others are making an effort to stay somewhat abreast of the Fed. The Bank of England, for example, is expected to lift its policy rate by at least half a percentage point on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919275312,"gmtCreate":1663812825637,"gmtModify":1676537341818,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919275312","isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919272679,"gmtCreate":1663812789592,"gmtModify":1676537341795,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919272679","repostId":"2269969281","repostType":4,"repost":{"id":"2269969281","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":1663800880,"share":"https://www.laohu8.com/m/news/2269969281?lang=&edition=full","pubTime":"2022-09-22 06:54","market":"us","language":"en","title":"US STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message","url":"https://stock-news.laohu8.com/highlight/detail?id=2269969281","media":"Reuters","summary":"* Fed raises rates by 75 bps to 3-3.25% range* Terminal rate seen hitting 4.6% in 2023* Investors ha","content":"<html><head></head><body><p>* Fed raises rates by 75 bps to 3-3.25% range</p><p>* Terminal rate seen hitting 4.6% in 2023</p><p>* Investors had expected 75 bps, but not higher for longer</p><p>* Sharp decline in final half-hour of trading</p><p>* Indexes down: Dow 1.7%, S&amp;P 1.71%, Nasdaq 1.79%</p><p>Sept 21 (Reuters) - Wall Street&#39;s main indexes see-sawed before slumping in the final 30 minutes of trading to end Wednesday lower, as investors digested another supersized Federal Reserve hike and its commitment to keep up increases into 2023 to fight inflation.</p><p>All three benchmarks finished more than 1.7% down, with the Dow posting its lowest close since June 17, with the Nasdaq and S&amp;P 500, respectively, at their lowest point since July 1, and June 30.</p><p>At the end of its two-day meeting, the Fed lifted its policy rate by 75 basis points for the third time to a 3.00-3.25% range. Most market participants had expected such an increase, with only a 21% chance of a 100 bps rate hike seen prior to the announcement.</p><p>However, policymakers also signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023. This is up from projections in June of 3.4% and 3.8% respectively.</p><p>Rate cuts are not foreseen until 2024, the central bank added, dashing any outstanding investor hopes that the Fed foresaw getting inflation under control in the near term. The Fed&#39;s preferred measure of inflation is now seen slowly returning to its 2% target in 2025.</p><p>In his press conference, Fed Chair Jerome Powell said U.S. central bank officials are &#34;strongly resolved&#34; to bring down inflation from the highest levels in four decades and &#34;will keep at it until the job is done,&#34; a process he repeated would not come without pain.</p><p>&#34;Chairman Powell delivered a sobering message. He stated that no one knows if there will be a recession or how severe, and that achieving a soft landing was always difficult,&#34; said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</p><p>Higher rates and the battle against inflation was also feeding through into the U.S. economy, with the Fed&#39;s projections showing year-end growth of just 0.2% this year, rising to 1.2% in 2023.</p><p>&#34;Markets were already braced for some hawkishness, based on inflation reports and recent governor comments,&#34; said BMO&#39;s Ma.</p><p>&#34;But it&#39;s always interesting to see how the market reacts to the messaging. Hawkishness was to be expected, but while some in the market take comfort from that, others take the position to sell.&#34;</p><p>The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to 30,183.78, the S&amp;P 500 lost 66 points, or 1.71%, to 3,789.93 and the Nasdaq Composite dropped 204.86 points, or 1.79%, to 11,220.19.</p><p>All 11 S&amp;P sectors finished lower, led by declines of more than 2.3% by Consumer Discretionary and Communication Services.</p><p>Volume on U.S. exchanges was 11.03 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted two new 52-week highs and 70 new lows; the Nasdaq Composite recorded 44 new highs and 446 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall Street Slumps As Investors Absorb Hawkish Fed Rate Message\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 06:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Fed raises rates by 75 bps to 3-3.25% range</p><p>* Terminal rate seen hitting 4.6% in 2023</p><p>* Investors had expected 75 bps, but not higher for longer</p><p>* Sharp decline in final half-hour of trading</p><p>* Indexes down: Dow 1.7%, S&amp;P 1.71%, Nasdaq 1.79%</p><p>Sept 21 (Reuters) - Wall Street&#39;s main indexes see-sawed before slumping in the final 30 minutes of trading to end Wednesday lower, as investors digested another supersized Federal Reserve hike and its commitment to keep up increases into 2023 to fight inflation.</p><p>All three benchmarks finished more than 1.7% down, with the Dow posting its lowest close since June 17, with the Nasdaq and S&amp;P 500, respectively, at their lowest point since July 1, and June 30.</p><p>At the end of its two-day meeting, the Fed lifted its policy rate by 75 basis points for the third time to a 3.00-3.25% range. Most market participants had expected such an increase, with only a 21% chance of a 100 bps rate hike seen prior to the announcement.</p><p>However, policymakers also signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023. This is up from projections in June of 3.4% and 3.8% respectively.</p><p>Rate cuts are not foreseen until 2024, the central bank added, dashing any outstanding investor hopes that the Fed foresaw getting inflation under control in the near term. The Fed&#39;s preferred measure of inflation is now seen slowly returning to its 2% target in 2025.</p><p>In his press conference, Fed Chair Jerome Powell said U.S. central bank officials are &#34;strongly resolved&#34; to bring down inflation from the highest levels in four decades and &#34;will keep at it until the job is done,&#34; a process he repeated would not come without pain.</p><p>&#34;Chairman Powell delivered a sobering message. He stated that no one knows if there will be a recession or how severe, and that achieving a soft landing was always difficult,&#34; said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.</p><p>Higher rates and the battle against inflation was also feeding through into the U.S. economy, with the Fed&#39;s projections showing year-end growth of just 0.2% this year, rising to 1.2% in 2023.</p><p>&#34;Markets were already braced for some hawkishness, based on inflation reports and recent governor comments,&#34; said BMO&#39;s Ma.</p><p>&#34;But it&#39;s always interesting to see how the market reacts to the messaging. Hawkishness was to be expected, but while some in the market take comfort from that, others take the position to sell.&#34;</p><p>The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to 30,183.78, the S&amp;P 500 lost 66 points, or 1.71%, to 3,789.93 and the Nasdaq Composite dropped 204.86 points, or 1.79%, to 11,220.19.</p><p>All 11 S&amp;P sectors finished lower, led by declines of more than 2.3% by Consumer Discretionary and Communication Services.</p><p>Volume on U.S. exchanges was 11.03 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted two new 52-week highs and 70 new lows; the Nasdaq Composite recorded 44 new highs and 446 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NDX":"纳斯达克100指数","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","BK4539":"次新股",".IXIC":"NASDAQ Composite","OEX":"标普100",".SPX":"S&P 500 Index","SSO":"两倍做多标普500ETF","BK4534":"瑞士信贷持仓","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","SH":"标普500反向ETF","BK4559":"巴菲特持仓","SPXU":"三倍做空标普500ETF","COMP":"Compass, Inc.","BK4550":"红杉资本持仓","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF","BK4581":"高盛持仓","BK4504":"桥水持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269969281","content_text":"* Fed raises rates by 75 bps to 3-3.25% range* Terminal rate seen hitting 4.6% in 2023* Investors had expected 75 bps, but not higher for longer* Sharp decline in final half-hour of trading* Indexes down: Dow 1.7%, S&P 1.71%, Nasdaq 1.79%Sept 21 (Reuters) - Wall Street's main indexes see-sawed before slumping in the final 30 minutes of trading to end Wednesday lower, as investors digested another supersized Federal Reserve hike and its commitment to keep up increases into 2023 to fight inflation.All three benchmarks finished more than 1.7% down, with the Dow posting its lowest close since June 17, with the Nasdaq and S&P 500, respectively, at their lowest point since July 1, and June 30.At the end of its two-day meeting, the Fed lifted its policy rate by 75 basis points for the third time to a 3.00-3.25% range. Most market participants had expected such an increase, with only a 21% chance of a 100 bps rate hike seen prior to the announcement.However, policymakers also signaled more large increases to come in new projections showing its policy rate rising to 4.40% by the end of this year before topping out at 4.60% in 2023. This is up from projections in June of 3.4% and 3.8% respectively.Rate cuts are not foreseen until 2024, the central bank added, dashing any outstanding investor hopes that the Fed foresaw getting inflation under control in the near term. The Fed's preferred measure of inflation is now seen slowly returning to its 2% target in 2025.In his press conference, Fed Chair Jerome Powell said U.S. central bank officials are \"strongly resolved\" to bring down inflation from the highest levels in four decades and \"will keep at it until the job is done,\" a process he repeated would not come without pain.\"Chairman Powell delivered a sobering message. He stated that no one knows if there will be a recession or how severe, and that achieving a soft landing was always difficult,\" said Yung-Yu Ma, chief investment strategist at BMO Wealth Management.Higher rates and the battle against inflation was also feeding through into the U.S. economy, with the Fed's projections showing year-end growth of just 0.2% this year, rising to 1.2% in 2023.\"Markets were already braced for some hawkishness, based on inflation reports and recent governor comments,\" said BMO's Ma.\"But it's always interesting to see how the market reacts to the messaging. Hawkishness was to be expected, but while some in the market take comfort from that, others take the position to sell.\"The Dow Jones Industrial Average fell 522.45 points, or 1.7%, to 30,183.78, the S&P 500 lost 66 points, or 1.71%, to 3,789.93 and the Nasdaq Composite dropped 204.86 points, or 1.79%, to 11,220.19.All 11 S&P sectors finished lower, led by declines of more than 2.3% by Consumer Discretionary and Communication Services.Volume on U.S. exchanges was 11.03 billion shares, compared with the 10.79 billion average for the full session over the last 20 trading days.The S&P 500 posted two new 52-week highs and 70 new lows; the Nasdaq Composite recorded 44 new highs and 446 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9919272328,"gmtCreate":1663812767164,"gmtModify":1676537341773,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9919272328","repostId":"2269195611","repostType":4,"repost":{"id":"2269195611","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":1663803926,"share":"https://www.laohu8.com/m/news/2269195611?lang=&edition=full","pubTime":"2022-09-22 07:45","market":"us","language":"en","title":"\"Fear Gauge\" Futures Signals U.S. Stock Selling Crescendo","url":"https://stock-news.laohu8.com/highlight/detail?id=2269195611","media":"Reuters","summary":"NEW YORK, Sept 21 (Reuters) - Futures tied to Wall Street's fear gauge on Wednesday sent a signal th","content":"<html><head></head><body><p>NEW YORK, Sept 21 (Reuters) - Futures tied to Wall Street&#39;s fear gauge on Wednesday sent a signal that has historically marked intense selling pressure in markets, but has sometimes preceded stock market rebounds.</p><p>The October VIX futures (.VIX) rose 0.28 points above the November futures on Wednesday, the widest margin since mid-June, after Wall Street&#39;s main indexes sold off following a 75 basis point interest rate hike by the Federal Reserve.</p><p>VIX futures, which plot volatility expectations for several months ahead, normally remain upward sloping, with near-term futures relatively less pricey than those that target coming months.</p><p>An inverted curve, when near-dated contracts are more expensive than later dated ones, suggests investors are growing more worried about near-term events, raising the cost of hedging.</p><p>Such a signal has occurred prominently five times since 2020, with two instances followed by market rebounds, including the most recent one in mid-June.</p><p>&#34;It&#39;s usually a sign all the risk is being pulled into the here and the now,&#34; said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group.</p><p>&#34;That&#39;s why often we will look at it as a capitulation indicator,&#34; Murphy said.</p><p>The two nearest VIX futures last inverted in June, amid a bout of intense selling that drove the S&amp;P 500 to its bear market low. The index rebounded 17% soon after, though most of that rally has been reversed on fears the Fed will be more hawkish than previously anticipated.</p><p>While an inversion this time may indicate intensifying selling pressure, it does not necessarily signal an immediate end to the market&#39;s recent slide, Murphy said. For instance, the two front month VIX futures remained inverted for a month - from mid-February through mid-March - before the stock market sell-off in the first quarter took a breather.</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>\"Fear Gauge\" Futures Signals U.S. Stock Selling Crescendo</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; 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}\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\">\n\"Fear Gauge\" Futures Signals U.S. Stock Selling Crescendo\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-22 07:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>NEW YORK, Sept 21 (Reuters) - Futures tied to Wall Street&#39;s fear gauge on Wednesday sent a signal that has historically marked intense selling pressure in markets, but has sometimes preceded stock market rebounds.</p><p>The October VIX futures (.VIX) rose 0.28 points above the November futures on Wednesday, the widest margin since mid-June, after Wall Street&#39;s main indexes sold off following a 75 basis point interest rate hike by the Federal Reserve.</p><p>VIX futures, which plot volatility expectations for several months ahead, normally remain upward sloping, with near-term futures relatively less pricey than those that target coming months.</p><p>An inverted curve, when near-dated contracts are more expensive than later dated ones, suggests investors are growing more worried about near-term events, raising the cost of hedging.</p><p>Such a signal has occurred prominently five times since 2020, with two instances followed by market rebounds, including the most recent one in mid-June.</p><p>&#34;It&#39;s usually a sign all the risk is being pulled into the here and the now,&#34; said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group.</p><p>&#34;That&#39;s why often we will look at it as a capitulation indicator,&#34; Murphy said.</p><p>The two nearest VIX futures last inverted in June, amid a bout of intense selling that drove the S&amp;P 500 to its bear market low. The index rebounded 17% soon after, though most of that rally has been reversed on fears the Fed will be more hawkish than previously anticipated.</p><p>While an inversion this time may indicate intensifying selling pressure, it does not necessarily signal an immediate end to the market&#39;s recent slide, Murphy said. For instance, the two front month VIX futures remained inverted for a month - from mid-February through mid-March - before the stock market sell-off in the first quarter took a breather.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","UVXY":"1.5倍做多波动率指数短期期货ETF-ProShares","TVIX":"二倍做多VIX波动率指数短期期权ETN","VIXY":"波动率短期期货指数ETF",".IXIC":"NASDAQ Composite","VXX":"短期VIX期货ETN",".SPX":"S&P 500 Index","SVXY":"0.5倍做空波动率指数短期期货ETF","VIX":"标普500波动率指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2269195611","content_text":"NEW YORK, Sept 21 (Reuters) - Futures tied to Wall Street's fear gauge on Wednesday sent a signal that has historically marked intense selling pressure in markets, but has sometimes preceded stock market rebounds.The October VIX futures (.VIX) rose 0.28 points above the November futures on Wednesday, the widest margin since mid-June, after Wall Street's main indexes sold off following a 75 basis point interest rate hike by the Federal Reserve.VIX futures, which plot volatility expectations for several months ahead, normally remain upward sloping, with near-term futures relatively less pricey than those that target coming months.An inverted curve, when near-dated contracts are more expensive than later dated ones, suggests investors are growing more worried about near-term events, raising the cost of hedging.Such a signal has occurred prominently five times since 2020, with two instances followed by market rebounds, including the most recent one in mid-June.\"It's usually a sign all the risk is being pulled into the here and the now,\" said Chris Murphy, co-head of derivatives strategy at Susquehanna International Group.\"That's why often we will look at it as a capitulation indicator,\" Murphy said.The two nearest VIX futures last inverted in June, amid a bout of intense selling that drove the S&P 500 to its bear market low. The index rebounded 17% soon after, though most of that rally has been reversed on fears the Fed will be more hawkish than previously anticipated.While an inversion this time may indicate intensifying selling pressure, it does not necessarily signal an immediate end to the market's recent slide, Murphy said. For instance, the two front month VIX futures remained inverted for a month - from mid-February through mid-March - before the stock market sell-off in the first quarter took a breather.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9052899675,"gmtCreate":1655161082597,"gmtModify":1676535570556,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>OMG have to wait for Apple share to goes up again","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a>OMG have to wait for Apple share to goes up again","text":"$Apple(AAPL)$OMG have to wait for Apple share to goes up again","images":[{"img":"https://community-static.tradeup.com/news/1a480f1d40beee33206bca86ac0f1022","width":"675","height":"669"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":2,"link":"https://ttm.financial/post/9052899675","isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3563518698255751","authorId":"3563518698255751","name":"octa8","avatar":"https://static.tigerbbs.com/a9866d6e2ee91185e34a0a44121ba0f1","crmLevel":2,"crmLevelSwitch":0},"content":"//@StayHome: [Yummy]","text":"//@StayHome: [Yummy]","html":"//@StayHome: [Yummy]"}],"imageCount":2,"langContent":"EN","totalScore":0},{"id":9916247901,"gmtCreate":1664611695103,"gmtModify":1676537485126,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Tks","listText":"Tks","text":"Tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9916247901","repostId":"1133444550","repostType":4,"repost":{"id":"1133444550","pubTimestamp":1664595772,"share":"https://www.laohu8.com/m/news/1133444550?lang=&edition=full","pubTime":"2022-10-01 11:42","market":"us","language":"en","title":"4 Blue-Chip Stocks to Sell in October","url":"https://stock-news.laohu8.com/highlight/detail?id=1133444550","media":"InvestorPlace","summary":"These blue-chip stocks to sell face macroeconomic and/or company-specific headwinds.PepsiCo(PEP): Valuations look stretched, especially with growth likely to slow.Costco Wholesale(COST): A correction ","content":"<html><head></head><body><ul><li>These blue-chip stocks to sell face macroeconomic and/or company-specific headwinds.</li><li><b>PepsiCo</b>(<b><u>PEP</u></b>): Valuations look stretched, especially with growth likely to slow.</li><li><b>Costco Wholesale</b>(<b><u>COST</u></b>): A correction would provide a much better entry point.</li><li><b>Freeport-McMoRan</b>(<b><u>FCX</u></b>): Now doesn&#39;t look like the ideal time to bet on copper.</li><li><b>Occidental Petroleum</b>(<b><u>OXY</u></b>): You may not be as comfortable as Warren Buffett riding out a correction.</li></ul><p>In general, when markets trend lower, it makes sense to invest in blue-chip stocks. They tend to have a low beta and also provide regular cash flows through dividends. Yet, not all blue chips are created equal. Based on macroeconomic or company-specific factors, there are some you want to buy and some blue-chip stocks to sell.</p><p>For example, blue-chip retailer <b>Target</b> (NYSE:<b><u>TGT</u></b>) sits 45% below its 52-week high, weighed down by inflationary pressures and margin compression. And pharmaceutical giant <b>Pfizer</b>(NYSE:<b><u>PFE</u></b>) is 30% below its high on concerns of a slowdown in growth predominately due to lower Covid-19 vaccine sales.</p><p>So, investors need to carry out due diligence even with blue chips. Today’s list of blue-chip stocks to sell in October contains popular names that are likely to correct or correct even further.</p><p><b>PepsiCo (PEP)</b></p><p><b>PepsiCo</b>(NASDAQ:<b><u>PEP</u></b>) stock is up 11% over the past year, bucking the broader bear market, and it throws off a healthy 2.7% dividend yield. However, shares look expensive with a forward price-earnings ratio of 22.8.</p><p>PepsiCo is likely to see decelerating growth or margin pressure in the coming quarters. The company is reportedly considering cost-cutting measures, including layoffs and buyouts for some employees over 55. Shares have fallen around 3% since the story broke. A confirmation from the company could trigger panic selling.</p><p>It’s also worth noting that Pepsi has finally stopped production in Russia. The country happens to be the company’s second-largest international market after Mexico. The implication of the production halt on growth remains to be seen.</p><p>Amid these uncertainties, PEP stock’s valuation looks stretched and shares are likely to correct in the near term. Having said that, a 15% to 20% correction from current levels to the $130s would be a good time to consider some bullish exposure.</p><p><b>Costco Wholesale (COST)</b></p><p>In the long term, <b>Costco Wholesale</b>(NASDAQ:<b><u>COST</u></b>) is possibly the best bet among retail stocks. The company has built a strong omnichannel sales presence. Rising member fees are likely to support cash flow, and comparable-store sales have been rising. However, I remain cautious in the near term.</p><p>COST stock has been resilient in the face of the bear market, up 6% over the past year. Yet, with a forward price-earnings ratio of 33.9, shares look relatively expensive amid mounting economic uncertainties including the possibility of a recession in the U.S. in 2023. The impact of aggressive interest rate hikes on consumer spending remains to be seen. I also expect Costco to face margin pressure in a slowdown or recession scenario.</p><p>Those who wish to go long COST stock are likely to get a much better entry point after shares correct.</p><p><b>Freeport-McMoRan (FCX)</b></p><p>Doctor copper has continued to weaken due to two factors. First and foremost, the U.S. dollar has been gaining strength. Second, global economic uncertainty is likely to translate into lower copper demand. In this scenario, I would avoid miner <b>Freeport-McMoRan</b>(NYSE:<b><u>FCX</u></b>).</p><p>FCX stock is 15.6% lower over the past year, slightly better than the <b>S&amp;P 500’s</b>17.7% decline. However, in the event of a global recession, FCX stock is likely to correct further. While its forward price-earnings ratio of 13.1 is well below the broader market index’s forward P/E of 17.9, keep in mind that, in general, cyclical stocks tend to have a lower price-earnings ratio.</p><p>In terms of business fundamentals, Freeport-McMoRan has utilized the copper bull market to strengthen its balance sheet. At the end of the second quarter, the company had just$1.6 billion in net debt. While management expects copper sales to increase in 2023, this may be offset by lower prices.</p><p>In short, this doesn’t look like the ideal time to jump into a copper play. Those who wait for a further correction will likely be rewarded for their patience.</p><p><b>Occidental Petroleum (OXY)</b></p><p><b>Occidental Petroleum</b>(NYSE:<b><u>OXY</u></b>) is on my list of blue-chip stocks to sell because it has gotten much too far ahead of itself, with shares nearly doubling in the past year. Much of this investor enthusiasm has been due to the fact that Warren Buffett continues tobuy up shares despite falling oil prices. Lower oil prices will translate into EBITDA margin compression on a relative basis in the coming quarters.</p><p>Now, I don’t expect a big plunge in oil prices in the coming quarters even if we enter a recession. However, based on how far OXY stock has run over the past 12 months, there appears to be much more downside risk than upside potential at the current level, especially if oil prices continue to trend lower.</p><p>I’m not the only one who thinks this. Analysts from <b>Citigroup</b> and <b>JPMorgan</b> both have“neutral” ratings on the stock due to what they see ascapped upside over the next few months.</p><p>That said, I like the fact that Occidental is focused on deleveraging. In the next few years, the company is likely to have an investment-grade balance sheet. This will provide greater headroom for dividend growth and share repurchases.</p><p>Yet, while Buffett may have pockets deep enough to ride out a big correction in the stock, individual investors may not feel the same way.</p><p></p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Blue-Chip Stocks to Sell in October</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\">\n4 Blue-Chip Stocks to Sell in October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-01 11:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/09/4-blue-chip-stocks-to-sell-in-october/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>These blue-chip stocks to sell face macroeconomic and/or company-specific headwinds.PepsiCo(PEP): Valuations look stretched, especially with growth likely to slow.Costco Wholesale(COST): A correction ...</p>\n\n<a href=\"https://investorplace.com/2022/09/4-blue-chip-stocks-to-sell-in-october/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FCX":"麦克莫兰铜金","COST":"好市多","PEP":"百事可乐","OXY":"西方石油"},"source_url":"https://investorplace.com/2022/09/4-blue-chip-stocks-to-sell-in-october/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133444550","content_text":"These blue-chip stocks to sell face macroeconomic and/or company-specific headwinds.PepsiCo(PEP): Valuations look stretched, especially with growth likely to slow.Costco Wholesale(COST): A correction would provide a much better entry point.Freeport-McMoRan(FCX): Now doesn't look like the ideal time to bet on copper.Occidental Petroleum(OXY): You may not be as comfortable as Warren Buffett riding out a correction.In general, when markets trend lower, it makes sense to invest in blue-chip stocks. They tend to have a low beta and also provide regular cash flows through dividends. Yet, not all blue chips are created equal. Based on macroeconomic or company-specific factors, there are some you want to buy and some blue-chip stocks to sell.For example, blue-chip retailer Target (NYSE:TGT) sits 45% below its 52-week high, weighed down by inflationary pressures and margin compression. And pharmaceutical giant Pfizer(NYSE:PFE) is 30% below its high on concerns of a slowdown in growth predominately due to lower Covid-19 vaccine sales.So, investors need to carry out due diligence even with blue chips. Today’s list of blue-chip stocks to sell in October contains popular names that are likely to correct or correct even further.PepsiCo (PEP)PepsiCo(NASDAQ:PEP) stock is up 11% over the past year, bucking the broader bear market, and it throws off a healthy 2.7% dividend yield. However, shares look expensive with a forward price-earnings ratio of 22.8.PepsiCo is likely to see decelerating growth or margin pressure in the coming quarters. The company is reportedly considering cost-cutting measures, including layoffs and buyouts for some employees over 55. Shares have fallen around 3% since the story broke. A confirmation from the company could trigger panic selling.It’s also worth noting that Pepsi has finally stopped production in Russia. The country happens to be the company’s second-largest international market after Mexico. The implication of the production halt on growth remains to be seen.Amid these uncertainties, PEP stock’s valuation looks stretched and shares are likely to correct in the near term. Having said that, a 15% to 20% correction from current levels to the $130s would be a good time to consider some bullish exposure.Costco Wholesale (COST)In the long term, Costco Wholesale(NASDAQ:COST) is possibly the best bet among retail stocks. The company has built a strong omnichannel sales presence. Rising member fees are likely to support cash flow, and comparable-store sales have been rising. However, I remain cautious in the near term.COST stock has been resilient in the face of the bear market, up 6% over the past year. Yet, with a forward price-earnings ratio of 33.9, shares look relatively expensive amid mounting economic uncertainties including the possibility of a recession in the U.S. in 2023. The impact of aggressive interest rate hikes on consumer spending remains to be seen. I also expect Costco to face margin pressure in a slowdown or recession scenario.Those who wish to go long COST stock are likely to get a much better entry point after shares correct.Freeport-McMoRan (FCX)Doctor copper has continued to weaken due to two factors. First and foremost, the U.S. dollar has been gaining strength. Second, global economic uncertainty is likely to translate into lower copper demand. In this scenario, I would avoid miner Freeport-McMoRan(NYSE:FCX).FCX stock is 15.6% lower over the past year, slightly better than the S&P 500’s17.7% decline. However, in the event of a global recession, FCX stock is likely to correct further. While its forward price-earnings ratio of 13.1 is well below the broader market index’s forward P/E of 17.9, keep in mind that, in general, cyclical stocks tend to have a lower price-earnings ratio.In terms of business fundamentals, Freeport-McMoRan has utilized the copper bull market to strengthen its balance sheet. At the end of the second quarter, the company had just$1.6 billion in net debt. While management expects copper sales to increase in 2023, this may be offset by lower prices.In short, this doesn’t look like the ideal time to jump into a copper play. Those who wait for a further correction will likely be rewarded for their patience.Occidental Petroleum (OXY)Occidental Petroleum(NYSE:OXY) is on my list of blue-chip stocks to sell because it has gotten much too far ahead of itself, with shares nearly doubling in the past year. Much of this investor enthusiasm has been due to the fact that Warren Buffett continues tobuy up shares despite falling oil prices. Lower oil prices will translate into EBITDA margin compression on a relative basis in the coming quarters.Now, I don’t expect a big plunge in oil prices in the coming quarters even if we enter a recession. However, based on how far OXY stock has run over the past 12 months, there appears to be much more downside risk than upside potential at the current level, especially if oil prices continue to trend lower.I’m not the only one who thinks this. Analysts from Citigroup and JPMorgan both have“neutral” ratings on the stock due to what they see ascapped upside over the next few months.That said, I like the fact that Occidental is focused on deleveraging. In the next few years, the company is likely to have an investment-grade balance sheet. This will provide greater headroom for dividend growth and share repurchases.Yet, while Buffett may have pockets deep enough to ride out a big correction in the stock, individual investors may not feel the same way.","news_type":1},"isVote":1,"tweetType":1,"viewCount":55,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996659787,"gmtCreate":1661166595451,"gmtModify":1676536465270,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996659787","repostId":"2261958518","repostType":4,"repost":{"id":"2261958518","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":1661182375,"share":"https://www.laohu8.com/m/news/2261958518?lang=&edition=full","pubTime":"2022-08-22 23:32","market":"us","language":"en","title":"Forecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility","url":"https://stock-news.laohu8.com/highlight/detail?id=2261958518","media":"Reuters","summary":"For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserv","content":"<html><head></head><body><p>For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell&#39;s remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.</p><p>He&#39;d be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.</p><p>&#34;It&#39;s very hard to say with any confidence in normal times ... what the economy&#39;s going to be doing in six or 12 months,&#34; Powell said on July 27 after the end of the Fed&#39;s last policy meeting. &#34;These are not normal times.&#34;</p><p>Powell is scheduled to speak Friday morning at the Kansas City Fed&#39;s annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession&#39;s A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.</p><p>The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.</p><p>With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed&#39;s singular commitment to winning it.</p><p>&#34;What we should hear and are likely to hear next week is push-back&#34; to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would &#34;blink&#34; at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.</p><p>Rather, she said Powell was likely to emphasize that &#34;growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth.&#34;</p><p><b>INFLATION&#39;S BROAD ROOTS</b></p><p>The groundwork has been laid in comments recently from the Fed&#39;s cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like &#34;raise and hold&#34; to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.</p><p>It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.</p><p>The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia&#39;s Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call &#34;revenge spending&#34; by U.S. consumers to make up for lost time since the onset of the virus in early 2020.</p><p>&#34;We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart,&#34; Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. &#34;Historical correlations ... have broken down&#34; among simultaneous &#34;shocks&#34; pulling demand, supply and the economy overall in conflicting directions.</p><p>Getting a read on what&#39;s next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.</p><p>For workers, businesses and investors, that leaves a slim foundation for planning.</p><p><b>RECESSION &#39;COULD HAPPEN&#39;</b></p><p>Powell&#39;s remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world&#39;s most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.</p><p>The Fed&#39;s main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.</p><p>The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.</p><p>Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.</p><p>The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.</p><p>If not, and inflation numbers don&#39;t confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.</p><p>That&#39;s an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn&#39;t the Fed will need to tighten policy further.</p><p>&#34;There&#39;s a path to getting inflation under control, but a recession ... could happen in the process,&#34; Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. &#34;We are out of balance today.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility</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\">\nForecast for Powell's Mountain Resort Trip: High Inflation, Limited Visibility\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\">2022-08-22 23:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell&#39;s remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.</p><p>He&#39;d be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.</p><p>&#34;It&#39;s very hard to say with any confidence in normal times ... what the economy&#39;s going to be doing in six or 12 months,&#34; Powell said on July 27 after the end of the Fed&#39;s last policy meeting. &#34;These are not normal times.&#34;</p><p>Powell is scheduled to speak Friday morning at the Kansas City Fed&#39;s annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession&#39;s A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.</p><p>The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.</p><p>With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed&#39;s singular commitment to winning it.</p><p>&#34;What we should hear and are likely to hear next week is push-back&#34; to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would &#34;blink&#34; at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.</p><p>Rather, she said Powell was likely to emphasize that &#34;growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth.&#34;</p><p><b>INFLATION&#39;S BROAD ROOTS</b></p><p>The groundwork has been laid in comments recently from the Fed&#39;s cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like &#34;raise and hold&#34; to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.</p><p>It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.</p><p>The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia&#39;s Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call &#34;revenge spending&#34; by U.S. consumers to make up for lost time since the onset of the virus in early 2020.</p><p>&#34;We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart,&#34; Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. &#34;Historical correlations ... have broken down&#34; among simultaneous &#34;shocks&#34; pulling demand, supply and the economy overall in conflicting directions.</p><p>Getting a read on what&#39;s next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.</p><p>For workers, businesses and investors, that leaves a slim foundation for planning.</p><p><b>RECESSION &#39;COULD HAPPEN&#39;</b></p><p>Powell&#39;s remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world&#39;s most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.</p><p>The Fed&#39;s main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.</p><p>The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.</p><p>Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.</p><p>The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.</p><p>If not, and inflation numbers don&#39;t confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.</p><p>That&#39;s an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn&#39;t the Fed will need to tighten policy further.</p><p>&#34;There&#39;s a path to getting inflation under control, but a recession ... could happen in the process,&#34; Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. &#34;We are out of balance today.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261958518","content_text":"For workers hoping to hold onto wage gains and investors hoping to hang onto profits, Federal Reserve Chair Jerome Powell's remarks this week to a central banking conference in Wyoming will lay out what he expects to happen in an economy battling inflation while also, some fear, edging towards a recession.He'd be the first to acknowledge one uncomfortable fact: He has no idea what the next few months will bring.\"It's very hard to say with any confidence in normal times ... what the economy's going to be doing in six or 12 months,\" Powell said on July 27 after the end of the Fed's last policy meeting. \"These are not normal times.\"Powell is scheduled to speak Friday morning at the Kansas City Fed's annual Jackson Hole research conference held at a national park lodge outside of Jackson in the western U.S. state. The gathering is one of the central banking profession's A-list events, with global officials kibbitzing over cocktails, listening to presentations on new research, hiking the Grand Teton mountains and fly fishing for fine-spotted cutthroat trout on the Snake River.The gathering also offers an attention-getting perch for a Fed chief or other policymaker to fine-tune their messaging.With the U.S. central bank facing the worst breakout of inflation since the early 1980s, and raising interest rates fast to counter it, Powell is expected to keep the focus squarely on that battle - and on the Fed's singular commitment to winning it.\"What we should hear and are likely to hear next week is push-back\" to the idea that the Fed feels it has tightened credit conditions enough to fix the inflation problem, or that, as some have speculated, it would \"blink\" at the first sign of economic weakness and either stop raising rates or even begin cutting them, said Seema Shah, chief strategist at Principal Global Investors.Rather, she said Powell was likely to emphasize that \"growth is slowing, is likely to slow further, yet inflation will be sticky and their priority is to contain inflation ... They are not about to stop in response to weaker growth.\"INFLATION'S BROAD ROOTSThe groundwork has been laid in comments recently from the Fed's cadre of regional bank presidents, who have openly entertained the risk of recession as part of controlling inflation, used phrases like \"raise and hold\" to describe a rate-hiking strategy where cuts have no place yet, or flat out called for continued large rate increases like the back-to-back 75-basis-point hikes delivered in June and July.It implies a rocky second half of the year, with risks particularly for equity investors who have recently pushed stock prices higher and employees who might be caught out by a cycle of layoffs.The roots of the inflationary surge are broad, ranging from the volatile ride in energy and food markets stemming from Russia's Feb. 24 war with Ukraine, to the vagaries of global shipping during the COVID-19 pandemic and what one Fed official likes to call \"revenge spending\" by U.S. consumers to make up for lost time since the onset of the virus in early 2020.\"We remain in the midst of an extraordinarily complicated pandemic-related economic shutdown and restart,\" Bob Miller, head of Americas fundamental fixed income at BlackRock, wrote last week. \"Historical correlations ... have broken down\" among simultaneous \"shocks\" pulling demand, supply and the economy overall in conflicting directions.Getting a read on what's next has become immensely difficult: Just consider that after six months in which the economy shrank when measured by gross domestic product data, businesses still added more than an extra half million employees in July. That has forced the Fed to swap out the sort of guidance it had used to map out its plans for months ahead in favor of outlining its intentions one meeting at a time.For workers, businesses and investors, that leaves a slim foundation for planning.RECESSION 'COULD HAPPEN'Powell's remarks, due to be delivered at 10 a.m. EDT (1400 GMT) on Friday, will target a U.S. audience, but the ears of the world will hang on every word. As the head of the world's most powerful central bank, the course the 69-year-old former investment banker outlines for the Fed will have ripple effects across the globe at a moment when most other central banks are also locked in their own battles with inflation.The Fed's main monetary policy tool, the federal funds rate, has risen from near zero in early March to the current target range of 2.25% to 2.50%, with more hikes certain to come, but the ongoing pace and ultimate stopping point still unclear. Policymakers around the world have done much the same thing, to varying degrees.The rate increases really only work on one aspect of inflation - the portion arising from business and consumer spending. By making loans for things like houses and cars more costly, they discourage those purchases; less demand should mean less pressure on prices, and in the case of housing that can course through many parts of the economy.Faltering demand and tighter credit can also affect what corporations pay to borrow, crimping their spending. It can have a mighty effect on stock prices as well since equities are often most alluring when interest rates are low or falling.The key issue confronting the Fed, and the U.S. economy, is whether the rate increases already telegraphed will squelch enough demand to reduce inflation, which by one measure used by the central bank is running at about three times its 2% target.If not, and inflation numbers don't confirm a consistent slowing trend in coming months, the Fed will have to reset expectations for even higher borrowing costs - the type of event that could cause a fresh sell-off in stocks, layoffs at corporations, and even a recession.That's an outcome Powell and his colleagues want to avoid. But, as he is expected to emphasize, the economy needs to slow for inflation to fall, and if it doesn't the Fed will need to tighten policy further.\"There's a path to getting inflation under control, but a recession ... could happen in the process,\" Richmond Fed President Thomas Barkin told reporters on the sidelines of a conference in Maryland on Friday. \"We are out of balance today.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995372920,"gmtCreate":1661419738262,"gmtModify":1676536515289,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995372920","repostId":"2262018006","repostType":4,"repost":{"id":"2262018006","pubTimestamp":1661419523,"share":"https://www.laohu8.com/m/news/2262018006?lang=&edition=full","pubTime":"2022-08-25 17:25","market":"us","language":"en","title":"Is Tesla's Stock Split Good For Investors?","url":"https://stock-news.laohu8.com/highlight/detail?id=2262018006","media":"Seeking Alpha","summary":"This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.Is Tesla's Stock Split Good For Investors?This is probably the most important question for most investors and also the most difficult to answer.There'ssome evidencethat companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and i","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>I answer some of the most common questions from investors about stock splits.</li><li>Stock splits don&#39;t matter nearly as much as fundamentals, but they&#39;re certainly not bad for investors.</li><li>I also recap Tesla&#39;s recent Q2 earnings report.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea05668b1422a0e51297e199e4d62ddc\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Ajax9/iStock Editorial via Getty Images</span></p><p><b>Thesis</b></p><p>After Q2 earnings, I updated my price target for Tesla (NASDAQ:TSLA) stock to $765 pre-split, which implies 14% downside from the current price. As I&#39;ve shared in past articles (1,2), the key assumption inmy model is that Tesla grows at a 25% CAGR over the next decade primarily due to growth in electric vehicle sales. While the upcoming Tesla stock split isn&#39;t material to my thesis, investors may have questions about how the split works, and I&#39;ll attempt to answer some of the common ones in this article.</p><p><b>Stock Split FAQs</b></p><p>I covered Tesla&#39;s stock split in my last article, but I&#39;ll recap a few of the key questions and answers about the split here. Those who read my previous article or are experienced with stock splits can skip to the next section.</p><p><b>How Do Stock Splits Impact Your Investment?</b></p><p>The total value of your investment isn&#39;t directly impacted by the stock split because a company&#39;s market cap is unchanged by stock splits. The decrease in price per share is offset by the increase in the number of shares you own.</p><p>For example, say Tesla is worth $900 before the split and you have one share. After the split, you&#39;ll have three shares, but each will be worth $300. Either way, you have $900. Of course, the value of Tesla stock may change as the market rises and falls from day to day, but that happens whether or not there&#39;s a split going on.</p><p>It&#39;s also worth noting that the price per share and price per options contract will be lower after the split, which will make non-fractional shares and options more accessible to small investors.</p><p><b>What Happens If You Buy Tesla Before The Split?</b></p><p>Buying Tesla stock before the split is not very different from buying it after the split or any other day. You&#39;d buy 3x fewer shares before the split as you would after the split in order to keep the total amount invested the same.</p><p><b>When Will Tesla Stock Split?</b></p><p>You will get two additional shares of Tesla stock for each share you already own on Wednesday, Aug. 24, after the market closes. Shares will trade at their post-split price starting on Thursday, Aug. 25.</p><p><b>How Many Times Has Tesla Stock Split?</b></p><p>This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.</p><p><b>Is Tesla&#39;s Stock Split Good For Investors?</b></p><p>In other words, do stock splits impact performance? This is probably the most important question for most investors and also the most difficult to answer.</p><p>There&#39;s some evidence that companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and increases their accessibility to retail investors. However, looking at individual stocks, there are many cases where a stock declines around the time of its split. Thus, I wouldn&#39;t recommend betting on short-term price appreciation in a single stock because of its split.</p><p>However, splits certainly aren&#39;t bad news. They usually only happen after a stock has increased in value a lot, as Tesla stock has done over the past few years. Winners tend to keep winning, so betting on companies that already have done well can be a successful strategy.</p><p>Also, companies usually won&#39;t split their stock unless they believe that their share price will keep increasing. One reason is that there are minimum share price requirements to be listed on the NYSE and Nasdaq exchanges. That said, even at the post-split price of ~$300, Tesla is a long way from falling to the current $1 per share requirement.</p><p>Relative to more important considerations like earnings growth and valuation multiples, stock splits are essentially a neutral event for long-term investors. But in a vacuum, it&#39;s clear that stock splits are more positive than negative.</p><p><b>Q2 Earnings</b></p><p>Because the stock split doesn&#39;t impact Tesla&#39;s fundamentals, I won&#39;t adjust my target market cap for Tesla as a result of the split. However, I did update my price target for Tesla since my last article in June as a result of Tesla&#39;s Q2 earnings. I shared my updated $767 target with Tech Investing Edge members after Tesla reported.</p><p>I was disappointed by the earnings, mostly because I found slowing revenue growth more disappointing than a 27% EPS beat was impressive. After management constantly talked about Tesla&#39;s ability to maintain &gt;50% revenue growth over the coming quarters, growth fell to 42% in Q2. Considering that most Tesla models are heavily backordered, management correctly blamed the slowdown on production issues rather than a lack of demand. Even so, they admitted that 50% growth would be a more difficult target to attain going forward as they work to ramp up production.</p><p>I&#39;ve never believed Tesla&#39;s 50% growth target, and model them growing at a 25% CAGR over the coming decade. Nevertheless, I did expect them to stay above 50% for at least a few more quarters considering management&#39;s bullishness and my expectation for slower growth in the back half of the decade.</p><p>Despite the slowdown this quarter, I still think that my long-term 25% CAGR target is attainable, as even 42% growth is well above that level and management guided for a re-acceleration this quarter. Thus, despite being disappointed by the earnings, I raised my price target from $714 to $767 to account for Tesla&#39;s now-larger ttm revenue and EPS.</p><p><b>Conclusion</b></p><p>Stock splits tend to get a lot of media coverage, but for long-term investors they&#39;re not a big deal. Tesla has been able to split its stock multiple times because the company and Tesla stock have done very well, but that&#39;s not a guarantee of future performance.</p><p>If Tesla continues beating analysts&#39; expectations and growing quickly, then the company and its investors will likely continue to do well. However, production issues and competition could stop Tesla from reaching this goal, and the current valuation doesn&#39;t leave much room for error. Based on my own growth estimates and profitability model, I think that Tesla is slightly overvalued going into its stock split. Nevertheless, I view Tesla stock as a hold, since ~14% overvaluation isn&#39;t extreme.</p><p><i>This article was written by Kennan Mell. </i></p><p><i>This article is for reference only. You can take what is useful to you.</i></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>Is Tesla's Stock Split Good For Investors?</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\">\nIs Tesla's Stock Split Good For Investors?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-25 17:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI answer some of the most common questions from investors about stock splits.Stock splits don't matter nearly as much as fundamentals, but they're certainly not bad for investors.I also recap ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4536846-tesla-stock-split-good-for-investors","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262018006","content_text":"SummaryI answer some of the most common questions from investors about stock splits.Stock splits don't matter nearly as much as fundamentals, but they're certainly not bad for investors.I also recap Tesla's recent Q2 earnings report.Ajax9/iStock Editorial via Getty ImagesThesisAfter Q2 earnings, I updated my price target for Tesla (NASDAQ:TSLA) stock to $765 pre-split, which implies 14% downside from the current price. As I've shared in past articles (1,2), the key assumption inmy model is that Tesla grows at a 25% CAGR over the next decade primarily due to growth in electric vehicle sales. While the upcoming Tesla stock split isn't material to my thesis, investors may have questions about how the split works, and I'll attempt to answer some of the common ones in this article.Stock Split FAQsI covered Tesla's stock split in my last article, but I'll recap a few of the key questions and answers about the split here. Those who read my previous article or are experienced with stock splits can skip to the next section.How Do Stock Splits Impact Your Investment?The total value of your investment isn't directly impacted by the stock split because a company's market cap is unchanged by stock splits. The decrease in price per share is offset by the increase in the number of shares you own.For example, say Tesla is worth $900 before the split and you have one share. After the split, you'll have three shares, but each will be worth $300. Either way, you have $900. Of course, the value of Tesla stock may change as the market rises and falls from day to day, but that happens whether or not there's a split going on.It's also worth noting that the price per share and price per options contract will be lower after the split, which will make non-fractional shares and options more accessible to small investors.What Happens If You Buy Tesla Before The Split?Buying Tesla stock before the split is not very different from buying it after the split or any other day. You'd buy 3x fewer shares before the split as you would after the split in order to keep the total amount invested the same.When Will Tesla Stock Split?You will get two additional shares of Tesla stock for each share you already own on Wednesday, Aug. 24, after the market closes. Shares will trade at their post-split price starting on Thursday, Aug. 25.How Many Times Has Tesla Stock Split?This will be the second time that Tesla splits its stock. Tesla previously did a 5-for-1 stock split on Aug. 31, 2020. Shares have risen over 100% since then.Is Tesla's Stock Split Good For Investors?In other words, do stock splits impact performance? This is probably the most important question for most investors and also the most difficult to answer.There's some evidence that companies that split their stock outperform in aggregate in the short term, perhaps in part because splitting allows some stocks to be included in indexes like the Dow and increases their accessibility to retail investors. However, looking at individual stocks, there are many cases where a stock declines around the time of its split. Thus, I wouldn't recommend betting on short-term price appreciation in a single stock because of its split.However, splits certainly aren't bad news. They usually only happen after a stock has increased in value a lot, as Tesla stock has done over the past few years. Winners tend to keep winning, so betting on companies that already have done well can be a successful strategy.Also, companies usually won't split their stock unless they believe that their share price will keep increasing. One reason is that there are minimum share price requirements to be listed on the NYSE and Nasdaq exchanges. That said, even at the post-split price of ~$300, Tesla is a long way from falling to the current $1 per share requirement.Relative to more important considerations like earnings growth and valuation multiples, stock splits are essentially a neutral event for long-term investors. But in a vacuum, it's clear that stock splits are more positive than negative.Q2 EarningsBecause the stock split doesn't impact Tesla's fundamentals, I won't adjust my target market cap for Tesla as a result of the split. However, I did update my price target for Tesla since my last article in June as a result of Tesla's Q2 earnings. I shared my updated $767 target with Tech Investing Edge members after Tesla reported.I was disappointed by the earnings, mostly because I found slowing revenue growth more disappointing than a 27% EPS beat was impressive. After management constantly talked about Tesla's ability to maintain >50% revenue growth over the coming quarters, growth fell to 42% in Q2. Considering that most Tesla models are heavily backordered, management correctly blamed the slowdown on production issues rather than a lack of demand. Even so, they admitted that 50% growth would be a more difficult target to attain going forward as they work to ramp up production.I've never believed Tesla's 50% growth target, and model them growing at a 25% CAGR over the coming decade. Nevertheless, I did expect them to stay above 50% for at least a few more quarters considering management's bullishness and my expectation for slower growth in the back half of the decade.Despite the slowdown this quarter, I still think that my long-term 25% CAGR target is attainable, as even 42% growth is well above that level and management guided for a re-acceleration this quarter. Thus, despite being disappointed by the earnings, I raised my price target from $714 to $767 to account for Tesla's now-larger ttm revenue and EPS.ConclusionStock splits tend to get a lot of media coverage, but for long-term investors they're not a big deal. Tesla has been able to split its stock multiple times because the company and Tesla stock have done very well, but that's not a guarantee of future performance.If Tesla continues beating analysts' expectations and growing quickly, then the company and its investors will likely continue to do well. However, production issues and competition could stop Tesla from reaching this goal, and the current valuation doesn't leave much room for error. Based on my own growth estimates and profitability model, I think that Tesla is slightly overvalued going into its stock split. Nevertheless, I view Tesla stock as a hold, since ~14% overvaluation isn't extreme.This article was written by Kennan Mell. This article is for reference only. You can take what is useful to you.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937041970,"gmtCreate":1663332208590,"gmtModify":1676537253783,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9937041970","repostId":"1155784254","repostType":4,"repost":{"id":"1155784254","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":1663328978,"share":"https://www.laohu8.com/m/news/1155784254?lang=&edition=full","pubTime":"2022-09-16 19:49","market":"us","language":"en","title":"Pre-Bell｜Dow Futures Slumped Over 200 Points; FedEx Tumbled 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1155784254","media":"Tiger Newspress","summary":"U.S. stock index futures slipped on Friday, extending falls from overnight, after logistics industry","content":"<html><head></head><body><p>U.S. stock index futures slipped on Friday, extending falls from overnight, after logistics industry bellwether FedEx withdrew its financial forecast and recession warnings from the World Bank and the International Monetary Fund.</p><p><b>Market Snapshot</b></p><p>At 07:47 a.m. ET, Dow e-minis were down 224 points, or 0.72%, S&amp;P 500 e-minis were down 32 points, or 0.82%, and Nasdaq 100 e-minis were down 116 points, or 0.97%.</p><p><img src=\"https://static.tigerbbs.com/3d34dbe1431d2eda9e12d91a5c92769b\" tg-width=\"442\" tg-height=\"187\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p>FedEx(FDX) – FedEx tumbled 20.3% in premarket trading after issuing a profit warning due to declining package delivery volumes around the world. The news has exacerbated fears of a slowing global economy, weighing on shares of other logistics companies likeUnited Parcel Service(UPS), down 6.8%, andXPO Logistics(XPO), down 4.2%.</p><p>International Paper(IP) – The packaging and paper products company was downgraded to “underperform” from “hold” at Jefferies, which pointed to decelerating orders and an inventory glut in the industry. For similar reasons, Jefferies cutPackaging Corporation of America(PKG) to “underperform” from “hold” and cut earnings estimates forWestRock(WRK). Sentiment surrounding the packaging companies is also being hit by the FedEx profit warning. International Paper slid 4.6% in premarket action, Packaging Corp. dropped 4.3% and WestRock lost 2.3%.</p><p>Uber Technologies(UBER) – Uber said it was investigating a cybersecurity incident after a hacker claimed access was gained to the ride-sharing company’s computer systems. Uber fell 4% in the premarket.</p><p>AstraZeneca(AZN) – AstraZeneca gained 1.6% in premarket trading after the drug maker received EU approval for its Covid-19 antibody cocktail.</p><p>General Electric(GE) – GE slid 4.5% in the premarket after Chief Financial Officer Carolina Dybeck Happe told an investment conference that supply chain issues are still affecting the company’s ability to deliver products to customers in a timely manner. As a result, the company’s cash flow remains under pressure.</p><p>NCR(NCR) – NCR plunged 15.8% in premarket action after announcing plans to separate into two separate publicly traded companies. One company will focus on digital commerce, the other on NCR’s flagship ATM business.</p><p>Extra Space Storage(EXR) – The operator of self-storage properties announced a deal worth $590 million to acquire rival Storage Express. Extra Space Storage rose 2.9% in the premarket.</p><p>Alcoa(AA) – Alcoa gained 1.1% in premarket trading after Morgan Stanley upgraded the aluminum producer to “overweight” from “equal-weight”. Morgan Stanley is cautious about the mining sector despite strong balance sheets and cheap valuations but sees “deep value” opportunities in Alcoa and some others.</p><p><b>Market News</b></p><p><b>GE CFO Flags Continued Supply-Chain Pressure</b></p><p>General Electric&#39;s chief financial officer said at an investor conference that the company is seeing continued supply-chain pressure, putting the conglomerate under pressure in preopen trade on Friday.</p><p>Speaking at a <a href=\"https://laohu8.com/S/MSSXL\">Morgan Stanley</a> investor conference, CFO Carolina Happe said those persistent pressures are resulting in deliveries moved later in the quarter.</p><p><b>Uber Probes Hacker’s Claim to Have Penetrated Internal Databases</b></p><p><a href=\"https://laohu8.com/S/UBER\">Uber Technologies Inc.</a> has shut down internal Slack messaging as it investigates a cybersecurity breach by a hacker claiming to have accessed the company’s data.</p><p>Employees on Thursday received a Slack message from an unknown person claiming “I am a hacker,” according to one person with knowledge of the matter. The perpetrator co-opted a staff member’s account and claimed to have gained access also to internal databases, the person said.</p><p><b>FedEx Flags Hit From Economic Slowdown, Withdraws Outlook</b></p><p>FedEx Corp on Thursday said its fiscal first-quarter results were hit by a global volume softness that accelerated at the end of the period, and withdrew its financial forecast, saying it expected further deterioration of business conditions in the fiscal second quarter.</p><p>FedEx said it expects business conditions to further weaken in the second quarter despite ongoing cost-reduction actions.</p><p><b>Bed Bath &amp; Beyond Lists First 56 Stores Slated for Closure</b></p><p><a href=\"https://laohu8.com/S/BBBY\">Bed Bath &amp; Beyond </a> provided a detailed list of locations it plans to close as part of its effort to cut costs.</p><p>Bed Bath (BBBY) listed 56 locations slated for closure including locations in Stamford, Connecticut, Paramus, New Jersey, Tucson, Arizona and Sandusky, Ohio, according to a posting on the retailer&#39;s website.</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>Pre-Bell｜Dow Futures Slumped Over 200 Points; FedEx Tumbled 20%</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; 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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\">\nPre-Bell｜Dow Futures Slumped Over 200 Points; FedEx Tumbled 20%\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\">2022-09-16 19:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures slipped on Friday, extending falls from overnight, after logistics industry bellwether FedEx withdrew its financial forecast and recession warnings from the World Bank and the International Monetary Fund.</p><p><b>Market Snapshot</b></p><p>At 07:47 a.m. ET, Dow e-minis were down 224 points, or 0.72%, S&amp;P 500 e-minis were down 32 points, or 0.82%, and Nasdaq 100 e-minis were down 116 points, or 0.97%.</p><p><img src=\"https://static.tigerbbs.com/3d34dbe1431d2eda9e12d91a5c92769b\" tg-width=\"442\" tg-height=\"187\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p>FedEx(FDX) – FedEx tumbled 20.3% in premarket trading after issuing a profit warning due to declining package delivery volumes around the world. The news has exacerbated fears of a slowing global economy, weighing on shares of other logistics companies likeUnited Parcel Service(UPS), down 6.8%, andXPO Logistics(XPO), down 4.2%.</p><p>International Paper(IP) – The packaging and paper products company was downgraded to “underperform” from “hold” at Jefferies, which pointed to decelerating orders and an inventory glut in the industry. For similar reasons, Jefferies cutPackaging Corporation of America(PKG) to “underperform” from “hold” and cut earnings estimates forWestRock(WRK). Sentiment surrounding the packaging companies is also being hit by the FedEx profit warning. International Paper slid 4.6% in premarket action, Packaging Corp. dropped 4.3% and WestRock lost 2.3%.</p><p>Uber Technologies(UBER) – Uber said it was investigating a cybersecurity incident after a hacker claimed access was gained to the ride-sharing company’s computer systems. Uber fell 4% in the premarket.</p><p>AstraZeneca(AZN) – AstraZeneca gained 1.6% in premarket trading after the drug maker received EU approval for its Covid-19 antibody cocktail.</p><p>General Electric(GE) – GE slid 4.5% in the premarket after Chief Financial Officer Carolina Dybeck Happe told an investment conference that supply chain issues are still affecting the company’s ability to deliver products to customers in a timely manner. As a result, the company’s cash flow remains under pressure.</p><p>NCR(NCR) – NCR plunged 15.8% in premarket action after announcing plans to separate into two separate publicly traded companies. One company will focus on digital commerce, the other on NCR’s flagship ATM business.</p><p>Extra Space Storage(EXR) – The operator of self-storage properties announced a deal worth $590 million to acquire rival Storage Express. Extra Space Storage rose 2.9% in the premarket.</p><p>Alcoa(AA) – Alcoa gained 1.1% in premarket trading after Morgan Stanley upgraded the aluminum producer to “overweight” from “equal-weight”. Morgan Stanley is cautious about the mining sector despite strong balance sheets and cheap valuations but sees “deep value” opportunities in Alcoa and some others.</p><p><b>Market News</b></p><p><b>GE CFO Flags Continued Supply-Chain Pressure</b></p><p>General Electric&#39;s chief financial officer said at an investor conference that the company is seeing continued supply-chain pressure, putting the conglomerate under pressure in preopen trade on Friday.</p><p>Speaking at a <a href=\"https://laohu8.com/S/MSSXL\">Morgan Stanley</a> investor conference, CFO Carolina Happe said those persistent pressures are resulting in deliveries moved later in the quarter.</p><p><b>Uber Probes Hacker’s Claim to Have Penetrated Internal Databases</b></p><p><a href=\"https://laohu8.com/S/UBER\">Uber Technologies Inc.</a> has shut down internal Slack messaging as it investigates a cybersecurity breach by a hacker claiming to have accessed the company’s data.</p><p>Employees on Thursday received a Slack message from an unknown person claiming “I am a hacker,” according to one person with knowledge of the matter. The perpetrator co-opted a staff member’s account and claimed to have gained access also to internal databases, the person said.</p><p><b>FedEx Flags Hit From Economic Slowdown, Withdraws Outlook</b></p><p>FedEx Corp on Thursday said its fiscal first-quarter results were hit by a global volume softness that accelerated at the end of the period, and withdrew its financial forecast, saying it expected further deterioration of business conditions in the fiscal second quarter.</p><p>FedEx said it expects business conditions to further weaken in the second quarter despite ongoing cost-reduction actions.</p><p><b>Bed Bath &amp; Beyond Lists First 56 Stores Slated for Closure</b></p><p><a href=\"https://laohu8.com/S/BBBY\">Bed Bath &amp; Beyond </a> provided a detailed list of locations it plans to close as part of its effort to cut costs.</p><p>Bed Bath (BBBY) listed 56 locations slated for closure including locations in Stamford, Connecticut, Paramus, New Jersey, Tucson, Arizona and Sandusky, Ohio, according to a posting on the retailer&#39;s website.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155784254","content_text":"U.S. stock index futures slipped on Friday, extending falls from overnight, after logistics industry bellwether FedEx withdrew its financial forecast and recession warnings from the World Bank and the International Monetary Fund.Market SnapshotAt 07:47 a.m. ET, Dow e-minis were down 224 points, or 0.72%, S&P 500 e-minis were down 32 points, or 0.82%, and Nasdaq 100 e-minis were down 116 points, or 0.97%.Pre-Market MoversFedEx(FDX) – FedEx tumbled 20.3% in premarket trading after issuing a profit warning due to declining package delivery volumes around the world. The news has exacerbated fears of a slowing global economy, weighing on shares of other logistics companies likeUnited Parcel Service(UPS), down 6.8%, andXPO Logistics(XPO), down 4.2%.International Paper(IP) – The packaging and paper products company was downgraded to “underperform” from “hold” at Jefferies, which pointed to decelerating orders and an inventory glut in the industry. For similar reasons, Jefferies cutPackaging Corporation of America(PKG) to “underperform” from “hold” and cut earnings estimates forWestRock(WRK). Sentiment surrounding the packaging companies is also being hit by the FedEx profit warning. International Paper slid 4.6% in premarket action, Packaging Corp. dropped 4.3% and WestRock lost 2.3%.Uber Technologies(UBER) – Uber said it was investigating a cybersecurity incident after a hacker claimed access was gained to the ride-sharing company’s computer systems. Uber fell 4% in the premarket.AstraZeneca(AZN) – AstraZeneca gained 1.6% in premarket trading after the drug maker received EU approval for its Covid-19 antibody cocktail.General Electric(GE) – GE slid 4.5% in the premarket after Chief Financial Officer Carolina Dybeck Happe told an investment conference that supply chain issues are still affecting the company’s ability to deliver products to customers in a timely manner. As a result, the company’s cash flow remains under pressure.NCR(NCR) – NCR plunged 15.8% in premarket action after announcing plans to separate into two separate publicly traded companies. One company will focus on digital commerce, the other on NCR’s flagship ATM business.Extra Space Storage(EXR) – The operator of self-storage properties announced a deal worth $590 million to acquire rival Storage Express. Extra Space Storage rose 2.9% in the premarket.Alcoa(AA) – Alcoa gained 1.1% in premarket trading after Morgan Stanley upgraded the aluminum producer to “overweight” from “equal-weight”. Morgan Stanley is cautious about the mining sector despite strong balance sheets and cheap valuations but sees “deep value” opportunities in Alcoa and some others.Market NewsGE CFO Flags Continued Supply-Chain PressureGeneral Electric's chief financial officer said at an investor conference that the company is seeing continued supply-chain pressure, putting the conglomerate under pressure in preopen trade on Friday.Speaking at a Morgan Stanley investor conference, CFO Carolina Happe said those persistent pressures are resulting in deliveries moved later in the quarter.Uber Probes Hacker’s Claim to Have Penetrated Internal DatabasesUber Technologies Inc. has shut down internal Slack messaging as it investigates a cybersecurity breach by a hacker claiming to have accessed the company’s data.Employees on Thursday received a Slack message from an unknown person claiming “I am a hacker,” according to one person with knowledge of the matter. The perpetrator co-opted a staff member’s account and claimed to have gained access also to internal databases, the person said.FedEx Flags Hit From Economic Slowdown, Withdraws OutlookFedEx Corp on Thursday said its fiscal first-quarter results were hit by a global volume softness that accelerated at the end of the period, and withdrew its financial forecast, saying it expected further deterioration of business conditions in the fiscal second quarter.FedEx said it expects business conditions to further weaken in the second quarter despite ongoing cost-reduction actions.Bed Bath & Beyond Lists First 56 Stores Slated for ClosureBed Bath & Beyond  provided a detailed list of locations it plans to close as part of its effort to cut costs.Bed Bath (BBBY) listed 56 locations slated for closure including locations in Stamford, Connecticut, Paramus, New Jersey, Tucson, Arizona and Sandusky, Ohio, according to a posting on the retailer's website.","news_type":1},"isVote":1,"tweetType":1,"viewCount":45,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990951838,"gmtCreate":1660275664127,"gmtModify":1676533442728,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"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/9990951838","repostId":"1131277687","repostType":4,"repost":{"id":"1131277687","pubTimestamp":1660275187,"share":"https://www.laohu8.com/m/news/1131277687?lang=&edition=full","pubTime":"2022-08-12 11:33","market":"other","language":"en","title":"Daily 2X Leveraged Electric and Autonomous Vehicle ETF is Launched by Direxion ","url":"https://stock-news.laohu8.com/highlight/detail?id=1131277687","media":"ETF Trends","summary":"Direxion, a provider of tradeable and thematic ETFs, today announced the launch of the Direxion Dail","content":"<html><head></head><body><p>Direxion, a provider of tradeable and thematic ETFs, today announced the launch of the <a href=\"https://laohu8.com/S/EVAV\">Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares</a>. The fund seeks to achieve 200% of the daily performance of the Indxx US Electric and Autonomous Vehicles Index.</p><p>The index provides exposure to 25 U.S.-listed companies poised to disrupt the existing transportation market by bringing new and cleaner modes of transportation, such as electric and autonomous vehicles. It includes companies beyond vehicle manufacturers to paint a more holistic picture of the industry. The index includes charging station manufacturers such as <a href=\"https://laohu8.com/S/CHPT\">ChargePoint</a> and <a href=\"https://laohu8.com/S/BLNK\">Blink</a>, companies involved in software development and the manufacturing of various electrical components, and electric vehicle manufacturers such as <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>, <a href=\"https://laohu8.com/S/LCID\">Lucid</a>, and <a href=\"https://laohu8.com/S/NIO\">NIO</a>.</p><p>“The path to long-term acceptance and widespread adoption of electric and autonomous vehicles is brighter than ever before,” said Direxion managing director and head of product Dave Mazza in a news release. “EVAV allows traders to take an amplified bullish position on electric and autonomous vehicles, along with the infrastructure to support them.”</p><p>The global market share of electric and autonomous vehicles is expanding rapidly, with more than 10 million electric vehicles on the road today and an expected 66 million in the next 20 years. The number of autonomous vehicles is also expected to grow, with a projected 33 million autonomous cars on the road by 2040.</p><p>Those growth projections came before Senators Joe Manchin (D-W.Va.) and Chuck Schumer (D-N.Y.) introduced a $369 billion climate and tax proposal in the Senate in late July 2022. The Senate bill, called the Inflation Reduction Act, is expected to significantly affect the number of Americans driving next generation automobiles by improving U.S. energy production and storage, supply chain, and manufacturing capabilities.</p><p>“With the Senate passage of the Inflation Reduction Act, the market is looking at the electric and autonomous vehicle sector with fresh eyes given the prospect of long-term government support,” added Direxion managing director and head of sales and alternatives Edward Egilinsky. “These stocks can be volatile in nature, and thus EVAV may be a utilized as a trading tool for those active traders looking to take advantage of short-term price swings.”</p><p>Earlier this week, Direxion launched the first four of its single-stock leveraged and inverse ETFs that allow sophisticated traders to obtain magnified or inverse exposure to the daily performance of the common stocks of Apple and Tesla.</p><p>“This environment is one that’s ripe for short-term tactical trading opportunities,” Mazza told VettaFi in a phone interview. “And we’re likely to be in an environment where, because of the Federal Reserve’s plans to increase interest rates, we see heightened volatility for some time, so there are opportunities for traders to be more tactical with their portfolios.”</p><p>All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objectives.</p><p>EVAV has a net expense ratio of 1.07%.</p></body></html>","source":"lsy1640144260762","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>Daily 2X Leveraged Electric and Autonomous Vehicle ETF is Launched by Direxion </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\">\nDaily 2X Leveraged Electric and Autonomous Vehicle ETF is Launched by Direxion \n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-12 11:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.etftrends.com/leveraged-inverse-channel/direxion-launches-daily-2x-leveraged-electric-and-autonomous-vehicle-etf/><strong>ETF Trends</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Direxion, a provider of tradeable and thematic ETFs, today announced the launch of the Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares. The fund seeks to achieve 200% of the daily ...</p>\n\n<a href=\"https://www.etftrends.com/leveraged-inverse-channel/direxion-launches-daily-2x-leveraged-electric-and-autonomous-vehicle-etf/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CHPT":"ChargePoint Holdings Inc.","EVAV":"DIREXION DAILY ELECTRIC AND AUTONOMOUS VEHICLES BULL 2X SHARES","NIO":"蔚来","BLNK":"Blink Charging","LCID":"Lucid Group Inc","TSLA":"特斯拉"},"source_url":"https://www.etftrends.com/leveraged-inverse-channel/direxion-launches-daily-2x-leveraged-electric-and-autonomous-vehicle-etf/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131277687","content_text":"Direxion, a provider of tradeable and thematic ETFs, today announced the launch of the Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares. The fund seeks to achieve 200% of the daily performance of the Indxx US Electric and Autonomous Vehicles Index.The index provides exposure to 25 U.S.-listed companies poised to disrupt the existing transportation market by bringing new and cleaner modes of transportation, such as electric and autonomous vehicles. It includes companies beyond vehicle manufacturers to paint a more holistic picture of the industry. The index includes charging station manufacturers such as ChargePoint and Blink, companies involved in software development and the manufacturing of various electrical components, and electric vehicle manufacturers such as Tesla, Lucid, and NIO.“The path to long-term acceptance and widespread adoption of electric and autonomous vehicles is brighter than ever before,” said Direxion managing director and head of product Dave Mazza in a news release. “EVAV allows traders to take an amplified bullish position on electric and autonomous vehicles, along with the infrastructure to support them.”The global market share of electric and autonomous vehicles is expanding rapidly, with more than 10 million electric vehicles on the road today and an expected 66 million in the next 20 years. The number of autonomous vehicles is also expected to grow, with a projected 33 million autonomous cars on the road by 2040.Those growth projections came before Senators Joe Manchin (D-W.Va.) and Chuck Schumer (D-N.Y.) introduced a $369 billion climate and tax proposal in the Senate in late July 2022. The Senate bill, called the Inflation Reduction Act, is expected to significantly affect the number of Americans driving next generation automobiles by improving U.S. energy production and storage, supply chain, and manufacturing capabilities.“With the Senate passage of the Inflation Reduction Act, the market is looking at the electric and autonomous vehicle sector with fresh eyes given the prospect of long-term government support,” added Direxion managing director and head of sales and alternatives Edward Egilinsky. “These stocks can be volatile in nature, and thus EVAV may be a utilized as a trading tool for those active traders looking to take advantage of short-term price swings.”Earlier this week, Direxion launched the first four of its single-stock leveraged and inverse ETFs that allow sophisticated traders to obtain magnified or inverse exposure to the daily performance of the common stocks of Apple and Tesla.“This environment is one that’s ripe for short-term tactical trading opportunities,” Mazza told VettaFi in a phone interview. “And we’re likely to be in an environment where, because of the Federal Reserve’s plans to increase interest rates, we see heightened volatility for some time, so there are opportunities for traders to be more tactical with their portfolios.”All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objectives.EVAV has a net expense ratio of 1.07%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992942742,"gmtCreate":1661254506888,"gmtModify":1676536483216,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992942742","repostId":"1120269557","repostType":4,"repost":{"id":"1120269557","pubTimestamp":1661244407,"share":"https://www.laohu8.com/m/news/1120269557?lang=&edition=full","pubTime":"2022-08-23 16:46","market":"us","language":"en","title":"Stocks Have Reason to Rally Out of Jackson Hole, Strategists Say","url":"https://stock-news.laohu8.com/highlight/detail?id=1120269557","media":"Bloomberg","summary":"Relief rally awaits if Fed is only modestly hawkish: StanChartJPMorgan says half of clients expect n","content":"<html><head></head><body><ul><li>Relief rally awaits if Fed is only modestly hawkish: StanChart</li><li>JPMorgan says half of clients expect no change in Fed position</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a470b964867fabc622d205cbd8b3a824\" tg-width=\"1000\" tg-height=\"666\" referrerpolicy=\"no-referrer\"/><span>All eyes are on Federal Reserve chief Jerome Powell. All eyes are on Federal Reserve chief Jerome Powell.Photographer: Ting Shen/Bloomberg</span></p><p>Stocks and other risk assets have a chance to rally if Jerome Powell delivers a nuanced message at the Jackson Hole symposium, strategists say.</p><p>Hawkish recent comments from Federal Reserve officials appear to have convinced market participants to get out of the way as the central bank raises interest rates, leading to a consensus that Chair Powell will deliver a hawkish message on Friday, according to Standard Chartered Plc.</p><p><img src=\"https://static.tigerbbs.com/2f74dcb7d87c1ea1415f6e8eea17b1a8\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>“We see risk that the market prices more hawkishness than he delivers,” Steve Englander, New York-based strategist at the bank wrote in a research note. “With positioning skewed in a bearish direction, we could see a relief rally even on a moderately hawkish stance, recognizing that data on activity and inflation are the ultimate USD drivers.”</p><p>Sentiment toward both stocks and bonds has turned bearish in recent days as traders brace for a potentially hawkish pivot from Powell at the Kansas Fed’s annual retreat. A US stock slide extended into Asia Tuesday and benchmark US 10-year yields held above 3% amid the prospect of further Fed policy tightening.</p><p><b>‘Dovish Surprise’</b></p><p>Still, the room for a hawkish surprise at Jackson Hole is now rather limited, said Alvin T. Tan, head of Asia foreign-exchange strategy at RBC Capital Markets in Singapore.</p><p>“I doubt that Powell will pre-commit to any hike quantum in the September Federal Open Market Committee meeting, certainly not 75 basis points,” he said.</p><p>There’s a possibility Powell may reiterate his message from July’s Fed gathering, where he said the central bank would be more data-dependent going forward, which would be a “dovish surprise,” and spur a resumption in the equity market rally, Tan said.</p><p>JPMorgan Chase &amp; Co.’s clients are also far from convinced a hawkish shift is likely. Fifty perecent of them say the Fed is unlikely to deliver any surprise at the symposium, while just 43% said they anticipated hawkishness and 7% expect dovishness, according to a report.</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>Stocks Have Reason to Rally Out of Jackson Hole, Strategists Say</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 Have Reason to Rally Out of Jackson Hole, Strategists Say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-23 16:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-08-23/stocks-have-reason-to-rally-out-of-jackson-hole-strategists-say?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Relief rally awaits if Fed is only modestly hawkish: StanChartJPMorgan says half of clients expect no change in Fed positionAll eyes are on Federal Reserve chief Jerome Powell. All eyes are on Federal...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-08-23/stocks-have-reason-to-rally-out-of-jackson-hole-strategists-say?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2022-08-23/stocks-have-reason-to-rally-out-of-jackson-hole-strategists-say?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120269557","content_text":"Relief rally awaits if Fed is only modestly hawkish: StanChartJPMorgan says half of clients expect no change in Fed positionAll eyes are on Federal Reserve chief Jerome Powell. All eyes are on Federal Reserve chief Jerome Powell.Photographer: Ting Shen/BloombergStocks and other risk assets have a chance to rally if Jerome Powell delivers a nuanced message at the Jackson Hole symposium, strategists say.Hawkish recent comments from Federal Reserve officials appear to have convinced market participants to get out of the way as the central bank raises interest rates, leading to a consensus that Chair Powell will deliver a hawkish message on Friday, according to Standard Chartered Plc.“We see risk that the market prices more hawkishness than he delivers,” Steve Englander, New York-based strategist at the bank wrote in a research note. “With positioning skewed in a bearish direction, we could see a relief rally even on a moderately hawkish stance, recognizing that data on activity and inflation are the ultimate USD drivers.”Sentiment toward both stocks and bonds has turned bearish in recent days as traders brace for a potentially hawkish pivot from Powell at the Kansas Fed’s annual retreat. A US stock slide extended into Asia Tuesday and benchmark US 10-year yields held above 3% amid the prospect of further Fed policy tightening.‘Dovish Surprise’Still, the room for a hawkish surprise at Jackson Hole is now rather limited, said Alvin T. Tan, head of Asia foreign-exchange strategy at RBC Capital Markets in Singapore.“I doubt that Powell will pre-commit to any hike quantum in the September Federal Open Market Committee meeting, certainly not 75 basis points,” he said.There’s a possibility Powell may reiterate his message from July’s Fed gathering, where he said the central bank would be more data-dependent going forward, which would be a “dovish surprise,” and spur a resumption in the equity market rally, Tan said.JPMorgan Chase & Co.’s clients are also far from convinced a hawkish shift is likely. Fifty perecent of them say the Fed is unlikely to deliver any surprise at the symposium, while just 43% said they anticipated hawkishness and 7% expect dovishness, according to a report.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9916247321,"gmtCreate":1664611708763,"gmtModify":1676537485134,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9916247321","repostId":"1193309788","repostType":4,"repost":{"id":"1193309788","pubTimestamp":1664595315,"share":"https://www.laohu8.com/m/news/1193309788?lang=&edition=full","pubTime":"2022-10-01 11:35","market":"us","language":"en","title":"Tesla: A New Problem Is Emerging","url":"https://stock-news.laohu8.com/highlight/detail?id=1193309788","media":"Seeking Alpha","summary":"SummaryThe world is experiencing an energy crisis. Costs for natural gas, electricity, etc. are exploding.With soaring electricity costs, EVs are losing their fuel cost advantage. Charging a Tesla has","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The world is experiencing an energy crisis. Costs for natural gas, electricity, etc. are exploding.</li><li>With soaring electricity costs, EVs are losing their fuel cost advantage. Charging a Tesla has become more expensive than fueling a comparable ICE vehicle in Europe, for example.</li><li>With the macro picture getting more dire, highly expensive Tesla does not look like a great investment today.</li></ul><p><b>Article Thesis</b></p><p>Tesla (NASDAQ: TSLA) is a leading electric vehicle manufacturer. The stock is priced for perfection, however, despite growing competition, rising costs for materials, and a global economic slowdown. On top of that, the ongoing global energy crisis is hurting Tesla in two ways, as I&#39;ll explain in this article. Overall, that means that Tesla does not seem like an attractive pick at current prices, I believe.</p><p><b>The Globe Is Experiencing An Energy Crisis</b></p><p>The world&#39;s hunger for energy continues to grow, as it has for many years. At the same time, ESG mandates and regulatory pressures have led to underinvestment in (fossil) energy production, which has resulted in a tight supply-demand situation. On top of that, the ongoing Russia-Ukraine war has exacerbated issues in global energy markets. That has led to exploding energy prices across all kinds of commodities. Rising gasoline prices have gotten a lot of attention, but price increases were even more pronounced in other areas:</p><p><img src=\"https://static.tigerbbs.com/310db03212b3ca50edd73f7cf9c0099f\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/>Data by YCharts</p><p>WTI is up by just a couple of percentage points over the last year, while gasoline has become 17% more expensive over the last twelve months. Especially in Europe and Asia, price increases of non-oil-based energy products have been way more drastic.</p><p>Natural gas prices in Europe, for example, have exploded upwards by more than 1,000% over the last two years:</p><p><img src=\"https://static.tigerbbs.com/154cf787e37dbe1b284b31742d65d999\" tg-width=\"640\" tg-height=\"176\" referrerpolicy=\"no-referrer\"/></p><p>theice.com</p><p>Contracts rose from $15 two years ago to more than $200 today, dwarfing the increase in oil prices. Natural gas in Asia, e.g. measured by JKM, has become incredibly more expensive as well. Likewise, electricity has become way more expensive in Europe -- driven, to a large degree, by the huge increase in natural gas prices:</p><p><img src=\"https://static.tigerbbs.com/673c6fced99747383340bf173bad26c9\" tg-width=\"640\" tg-height=\"257\" referrerpolicy=\"no-referrer\"/></p><p>tradingview.com</p><p>Market prices (day-ahead) for electricity soared by several hundred percentage points over the last year in leading European countries such as Germany and France. Price increases for forward months have been even higher, e.g. for the coming winter months.Base load prices for Q1 2023 are north of €500 per MWh in Germany, for example. Peak-load prices for the same quarter are even higher, at close to €800 per MWh.</p><p>In many other markets around the world, electricity is scarce and has become very expensive as well. China is of note, for example. Weather anomalies in the country have led to below-average power generation from hydro, which has led to shortages and steep price increases.</p><p>Overall, we can summarize that energy has become way more expensive in many areas of the world. Oil prices and gasoline prices get a lot of attention, but they have actually not moved up much versus the massive increases by hundreds of percentage points we have seen in electricity, natural gas, and even thermal coal-- which is up 350% over the last five years. Why does this matter for Tesla? Let&#39;s delve into the details.</p><p><b>Impact On Tesla: Items To Consider</b></p><p>So why does it matter that the global energy crisis has led to massive increases in the price of natural gas, electricity, etc. when it comes to an investment in TSLA stock? There are several negative impacts this will have on Tesla, I believe. Some of those are Tesla-specific, others impact other automobile companies as well.</p><p><b>Free Supercharger</b></p><p>First, Tesla will lose more money with the free supercharger for life deal it offered in the past. With electricity costs soaring, those that can charge for free at superchargers will be more inclined to do so. This will mean that Tesla will have to offer more electricity for free. At the same time, that electricity comes at a higher cost for Tesla, as market prices for electricity have soared in important end markets. Overall, this means that Tesla will lose more money on its supercharger-for-life deals than previously thought.</p><p><b>EVs Lose Their Cost Advantage</b></p><p>For a long time, EVs were touted as cheaper than ICE-powered vehicles when it comes to fuel costs. But due to the massive increase in electricity prices, relative to the way more benign increase in gasoline prices, that does no longer hold true. Let&#39;s look at an example.</p><p>The Tesla Model 3 uses 17 kWh per 100 km. A comparable ICE car, such as the BMW 3 series (OTCPK:BMWYY), uses around 5.0 liters of diesel for the same 100 km. When electricity prices were way lower than they are right now, that made for a clear cost advantage for Tesla. But more recently, that&#39;s no longer true -- at least not in all markets. Tesla currently sells electricity for €0.70 per kWh at its superchargers in Germany, where it recently opened one of its Gigafactories, making this an important market for Tesla. That means that driving a Model 3 for 100 km results in fuel expenses of €11.90, or around $11.50. Diesel currently costs €1.98 per liter in Germany on average. The BMW 3 series thus uses €9.90, or $9.60 per 100 km. Using an ICE-powered BMW that is comparable to Tesla&#39;s EV thus costs around 20% less in fuel expenses today in Germany. The former cost advantage for EVs has turned into a cost disadvantage in Europe&#39;s biggest market and one where Tesla thought it had a lot of potential -- otherwise, it wouldn&#39;t have built a Gigafactory there. In other European countries, things are looking comparable. In the UK, for example, the diesel-powered BMW 3 costs around $10 per 100 km, while the Tesla Model 3 costs around $11 per 100 km.</p><p>This means that one of the key arguments for buying an EV, lower fuel costs, is no longer valid, at least in some of Tesla&#39;s markets. In the US, where electricity cost per kWh differs very much from state to state, there are some markets where EVs are still cheaper to fuel. But even in the US, some markets are more favorable for ICE vehicles right now, such as California with its high electricity prices. With this key argument for switching to an EV gone, EV manufacturers such as Tesla could have a harder time convincing consumers to make the switch. Many consumers, especially those that feel the pinch from the current economic slowdown, will ask themselves why they should buy a new vehicle for many thousands of dollars just to have their fuel expenses go up.</p><p><b>Higher Production Costs</b></p><p>The process of manufacturing batteries is highly energy intensive. That energy usually does not come in the form of oil (which has gone up in price only slightly), but typically in the form of electricity -- which has gotten way more expensive. Battery manufacturing thus is feeling a considerable cost headwind in the current environment, and the biggest battery users in the world, such as Tesla, will likely feel the largest impact.</p><p>In Europe and China, energy-intensive manufacturing is oftentimes either unprofitable or forced to scale back due to regulatory demands to conserve energy. This will hinder Tesla&#39;s Gigafactories in Germany and China, making it quite exposed to electricity/energy shortages around the world. EV companies with less exposure to Europe and China, such as Ford with its US focus, could be more advantaged in the current environment, as energy shortages are less pronounced in the United States.</p><p><b>Cash-Strapped Consumers Might Keep Their Cars Longer</b></p><p>With energy prices soaring, especially in Europe, consumer sentiment is falling off a cliff. Consumers have to spend more on essentials such as electricity, heating, and food, which means that they have less money left over for non-essential, discretionary consumer goods.</p><p>Ultra-high-end manufacturers such as Ferrari (RACE) will likely feel less of an impact, as middle-class households don&#39;t buy Ferraris anyway and as very wealthy consumers don&#39;t feel much of a pinch from higher energy costs. But Tesla, along with competitors such as BMW or Audi, could feel an impact from middle class/upper middle class consumers becoming more frugal. When essential expenses are soaring, and when the risk of a job loss increases due to the ongoing economic downturn, many consumers will be more reluctant to acquire a costly new vehicle. One can argue that this is already being reflected by the declining wait times for many of Tesla&#39;s models in China, which is experiencing many of the same headwinds as Europe -- growing energy costs and an economic slowdown.</p><p><b>Summing Things Up</b></p><p>Tesla is a leading EV company. Depending on whether one counts plug-in hybrids or not, it&#39;s either the largest or second-largest EV manufacturer in the world. But the company is highly expensive, trading at well above 60x forward earnings, while traditional auto peers such as Mercedes (OTCPK:MBGYY) trade at less than 5x forward profits. Competition is growing, input costs are rising quickly, and consumer discretionary companies including Tesla are highly exposed to a global economic downturn.</p><p>Add the above issues stemming from the global energy shortage, such as waning advantages for EVs due to high charging costs and Tesla&#39;s growing costs for its supercharger-for-life deals, and it does not look like Tesla is a good buy today. Last but not least, rising interest rates are pressuring all equities, but have the largest impact on long-duration stocks such as Tesla. Overall, I see more reasons to be bearish than to be bullish right here, which is why I think Tesla is an avoid today, although I have no intention of going short the stock.</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: A New Problem Is Emerging</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: A New Problem Is Emerging\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-01 11:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4543975-tesla-stock-new-problem-emerging><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe world is experiencing an energy crisis. Costs for natural gas, electricity, etc. are exploding.With soaring electricity costs, EVs are losing their fuel cost advantage. Charging a Tesla has...</p>\n\n<a href=\"https://seekingalpha.com/article/4543975-tesla-stock-new-problem-emerging\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4543975-tesla-stock-new-problem-emerging","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193309788","content_text":"SummaryThe world is experiencing an energy crisis. Costs for natural gas, electricity, etc. are exploding.With soaring electricity costs, EVs are losing their fuel cost advantage. Charging a Tesla has become more expensive than fueling a comparable ICE vehicle in Europe, for example.With the macro picture getting more dire, highly expensive Tesla does not look like a great investment today.Article ThesisTesla (NASDAQ: TSLA) is a leading electric vehicle manufacturer. The stock is priced for perfection, however, despite growing competition, rising costs for materials, and a global economic slowdown. On top of that, the ongoing global energy crisis is hurting Tesla in two ways, as I'll explain in this article. Overall, that means that Tesla does not seem like an attractive pick at current prices, I believe.The Globe Is Experiencing An Energy CrisisThe world's hunger for energy continues to grow, as it has for many years. At the same time, ESG mandates and regulatory pressures have led to underinvestment in (fossil) energy production, which has resulted in a tight supply-demand situation. On top of that, the ongoing Russia-Ukraine war has exacerbated issues in global energy markets. That has led to exploding energy prices across all kinds of commodities. Rising gasoline prices have gotten a lot of attention, but price increases were even more pronounced in other areas:Data by YChartsWTI is up by just a couple of percentage points over the last year, while gasoline has become 17% more expensive over the last twelve months. Especially in Europe and Asia, price increases of non-oil-based energy products have been way more drastic.Natural gas prices in Europe, for example, have exploded upwards by more than 1,000% over the last two years:theice.comContracts rose from $15 two years ago to more than $200 today, dwarfing the increase in oil prices. Natural gas in Asia, e.g. measured by JKM, has become incredibly more expensive as well. Likewise, electricity has become way more expensive in Europe -- driven, to a large degree, by the huge increase in natural gas prices:tradingview.comMarket prices (day-ahead) for electricity soared by several hundred percentage points over the last year in leading European countries such as Germany and France. Price increases for forward months have been even higher, e.g. for the coming winter months.Base load prices for Q1 2023 are north of €500 per MWh in Germany, for example. Peak-load prices for the same quarter are even higher, at close to €800 per MWh.In many other markets around the world, electricity is scarce and has become very expensive as well. China is of note, for example. Weather anomalies in the country have led to below-average power generation from hydro, which has led to shortages and steep price increases.Overall, we can summarize that energy has become way more expensive in many areas of the world. Oil prices and gasoline prices get a lot of attention, but they have actually not moved up much versus the massive increases by hundreds of percentage points we have seen in electricity, natural gas, and even thermal coal-- which is up 350% over the last five years. Why does this matter for Tesla? Let's delve into the details.Impact On Tesla: Items To ConsiderSo why does it matter that the global energy crisis has led to massive increases in the price of natural gas, electricity, etc. when it comes to an investment in TSLA stock? There are several negative impacts this will have on Tesla, I believe. Some of those are Tesla-specific, others impact other automobile companies as well.Free SuperchargerFirst, Tesla will lose more money with the free supercharger for life deal it offered in the past. With electricity costs soaring, those that can charge for free at superchargers will be more inclined to do so. This will mean that Tesla will have to offer more electricity for free. At the same time, that electricity comes at a higher cost for Tesla, as market prices for electricity have soared in important end markets. Overall, this means that Tesla will lose more money on its supercharger-for-life deals than previously thought.EVs Lose Their Cost AdvantageFor a long time, EVs were touted as cheaper than ICE-powered vehicles when it comes to fuel costs. But due to the massive increase in electricity prices, relative to the way more benign increase in gasoline prices, that does no longer hold true. Let's look at an example.The Tesla Model 3 uses 17 kWh per 100 km. A comparable ICE car, such as the BMW 3 series (OTCPK:BMWYY), uses around 5.0 liters of diesel for the same 100 km. When electricity prices were way lower than they are right now, that made for a clear cost advantage for Tesla. But more recently, that's no longer true -- at least not in all markets. Tesla currently sells electricity for €0.70 per kWh at its superchargers in Germany, where it recently opened one of its Gigafactories, making this an important market for Tesla. That means that driving a Model 3 for 100 km results in fuel expenses of €11.90, or around $11.50. Diesel currently costs €1.98 per liter in Germany on average. The BMW 3 series thus uses €9.90, or $9.60 per 100 km. Using an ICE-powered BMW that is comparable to Tesla's EV thus costs around 20% less in fuel expenses today in Germany. The former cost advantage for EVs has turned into a cost disadvantage in Europe's biggest market and one where Tesla thought it had a lot of potential -- otherwise, it wouldn't have built a Gigafactory there. In other European countries, things are looking comparable. In the UK, for example, the diesel-powered BMW 3 costs around $10 per 100 km, while the Tesla Model 3 costs around $11 per 100 km.This means that one of the key arguments for buying an EV, lower fuel costs, is no longer valid, at least in some of Tesla's markets. In the US, where electricity cost per kWh differs very much from state to state, there are some markets where EVs are still cheaper to fuel. But even in the US, some markets are more favorable for ICE vehicles right now, such as California with its high electricity prices. With this key argument for switching to an EV gone, EV manufacturers such as Tesla could have a harder time convincing consumers to make the switch. Many consumers, especially those that feel the pinch from the current economic slowdown, will ask themselves why they should buy a new vehicle for many thousands of dollars just to have their fuel expenses go up.Higher Production CostsThe process of manufacturing batteries is highly energy intensive. That energy usually does not come in the form of oil (which has gone up in price only slightly), but typically in the form of electricity -- which has gotten way more expensive. Battery manufacturing thus is feeling a considerable cost headwind in the current environment, and the biggest battery users in the world, such as Tesla, will likely feel the largest impact.In Europe and China, energy-intensive manufacturing is oftentimes either unprofitable or forced to scale back due to regulatory demands to conserve energy. This will hinder Tesla's Gigafactories in Germany and China, making it quite exposed to electricity/energy shortages around the world. EV companies with less exposure to Europe and China, such as Ford with its US focus, could be more advantaged in the current environment, as energy shortages are less pronounced in the United States.Cash-Strapped Consumers Might Keep Their Cars LongerWith energy prices soaring, especially in Europe, consumer sentiment is falling off a cliff. Consumers have to spend more on essentials such as electricity, heating, and food, which means that they have less money left over for non-essential, discretionary consumer goods.Ultra-high-end manufacturers such as Ferrari (RACE) will likely feel less of an impact, as middle-class households don't buy Ferraris anyway and as very wealthy consumers don't feel much of a pinch from higher energy costs. But Tesla, along with competitors such as BMW or Audi, could feel an impact from middle class/upper middle class consumers becoming more frugal. When essential expenses are soaring, and when the risk of a job loss increases due to the ongoing economic downturn, many consumers will be more reluctant to acquire a costly new vehicle. One can argue that this is already being reflected by the declining wait times for many of Tesla's models in China, which is experiencing many of the same headwinds as Europe -- growing energy costs and an economic slowdown.Summing Things UpTesla is a leading EV company. Depending on whether one counts plug-in hybrids or not, it's either the largest or second-largest EV manufacturer in the world. But the company is highly expensive, trading at well above 60x forward earnings, while traditional auto peers such as Mercedes (OTCPK:MBGYY) trade at less than 5x forward profits. Competition is growing, input costs are rising quickly, and consumer discretionary companies including Tesla are highly exposed to a global economic downturn.Add the above issues stemming from the global energy shortage, such as waning advantages for EVs due to high charging costs and Tesla's growing costs for its supercharger-for-life deals, and it does not look like Tesla is a good buy today. Last but not least, rising interest rates are pressuring all equities, but have the largest impact on long-duration stocks such as Tesla. Overall, I see more reasons to be bearish than to be bullish right here, which is why I think Tesla is an avoid today, although I have no intention of going short the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911986531,"gmtCreate":1664115429024,"gmtModify":1676537392380,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9911986531","repostId":"2269490734","repostType":4,"repost":{"id":"2269490734","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":1664066508,"share":"https://www.laohu8.com/m/news/2269490734?lang=&edition=full","pubTime":"2022-09-25 08:41","market":"us","language":"en","title":"If You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”","url":"https://stock-news.laohu8.com/highlight/detail?id=2269490734","media":"Dow Jones","summary":"Forget everything you think you know about the relationship between interest rates and the stock market.Forget everything you think you know about the relationship between interest rates and the stock","content":"<html><head></head><body><p>Forget everything you think you know about the relationship between interest rates and the stock market.</p><p>Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost universally believed on Wall Street. Plausible as this is, it is surprisingly difficult to support it empirically.</p><p>It would be important to challenge this notion at any time, but especially in light of the U.S. market&#39;s decline this past week following the Federal Reserve&#39;s most recent interest-rate hike announcement.</p><p>To show why higher interest rates aren&#39;t necessarily bad for equities, I compared the predictive power of the following two valuation indicators:</p><p>If higher interest rates were always bad for stocks, then the Fed Model&#39;s track record would be superior to that of the earnings yield.</p><p>It is not, as you can see from the table below. The table reports a statistic known as the r-squared, which reflects the degree to which one data series (in this case, the earnings yield or the Fed Model) predicts changes in a second series (in this case, the stock market&#39;s subsequent inflation-adjusted real return). The table reflects the U.S. stock market back to 1871, courtesy of data provided by Yale University&#39;s finance professor Robert Shiller.</p><p><img src=\"https://static.tigerbbs.com/64984acf0f40a1a5e886ef773747472a\" tg-width=\"939\" tg-height=\"268\" referrerpolicy=\"no-referrer\"/></p><p>In other words, the ability to predict the stock market&#39;s five- and 10-year returns goes down when taking interest rates into account.</p><h3>Money illusion</h3><p>These results are so surprising that it&#39;s important to explore why the conventional wisdom is wrong. That wisdom is based on the eminently plausible argument that higher interest rates mean that future years&#39; corporate earnings must be discounted at a higher rate when calculating their present value. While that argument is not wrong, Richard Warr,  a finance professor at North Carolina State University, told me, it&#39;s only half the story.</p><p>The other half of this story is that interest rates tend to be higher when inflation is higher, and average nominal earnings tend to grow faster in higher-inflation environments. Failing to appreciate this other half of the story is a fundamental mistake in economics known as &#34;inflation illusion&#34; -- confusing nominal with real, or inflation-adjusted, values.</p><p>According to research conducted by Warr, inflation&#39;s impact on nominal earnings and the discount rate largely cancel each other out over time. While earnings tend to grow faster when inflation is higher, they must be more heavily discounted when calculating their present value.</p><p>Investors were guilty of inflation illusion when they reacted to the Fed&#39;s latest interest rate announcement by selling stocks.</p><p>None of this means that the bear market shouldn&#39;t continue, or that equities aren&#39;t overvalued. Indeed, by many measures, stocks are still overvalued, despite the much cheaper prices wrought by the bear market. The point of this discussion is that higher interest rates are not an additional reason, above and beyond the other factors affecting the stock market, why the market should fall.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf You're Selling Stocks Because the Fed Is Hiking Interest Rates, You May Be Suffering From “Inflation Illusion”\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-25 08:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Forget everything you think you know about the relationship between interest rates and the stock market.</p><p>Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost universally believed on Wall Street. Plausible as this is, it is surprisingly difficult to support it empirically.</p><p>It would be important to challenge this notion at any time, but especially in light of the U.S. market&#39;s decline this past week following the Federal Reserve&#39;s most recent interest-rate hike announcement.</p><p>To show why higher interest rates aren&#39;t necessarily bad for equities, I compared the predictive power of the following two valuation indicators:</p><p>If higher interest rates were always bad for stocks, then the Fed Model&#39;s track record would be superior to that of the earnings yield.</p><p>It is not, as you can see from the table below. The table reports a statistic known as the r-squared, which reflects the degree to which one data series (in this case, the earnings yield or the Fed Model) predicts changes in a second series (in this case, the stock market&#39;s subsequent inflation-adjusted real return). The table reflects the U.S. stock market back to 1871, courtesy of data provided by Yale University&#39;s finance professor Robert Shiller.</p><p><img src=\"https://static.tigerbbs.com/64984acf0f40a1a5e886ef773747472a\" tg-width=\"939\" tg-height=\"268\" referrerpolicy=\"no-referrer\"/></p><p>In other words, the ability to predict the stock market&#39;s five- and 10-year returns goes down when taking interest rates into account.</p><h3>Money illusion</h3><p>These results are so surprising that it&#39;s important to explore why the conventional wisdom is wrong. That wisdom is based on the eminently plausible argument that higher interest rates mean that future years&#39; corporate earnings must be discounted at a higher rate when calculating their present value. While that argument is not wrong, Richard Warr,  a finance professor at North Carolina State University, told me, it&#39;s only half the story.</p><p>The other half of this story is that interest rates tend to be higher when inflation is higher, and average nominal earnings tend to grow faster in higher-inflation environments. Failing to appreciate this other half of the story is a fundamental mistake in economics known as &#34;inflation illusion&#34; -- confusing nominal with real, or inflation-adjusted, values.</p><p>According to research conducted by Warr, inflation&#39;s impact on nominal earnings and the discount rate largely cancel each other out over time. While earnings tend to grow faster when inflation is higher, they must be more heavily discounted when calculating their present value.</p><p>Investors were guilty of inflation illusion when they reacted to the Fed&#39;s latest interest rate announcement by selling stocks.</p><p>None of this means that the bear market shouldn&#39;t continue, or that equities aren&#39;t overvalued. Indeed, by many measures, stocks are still overvalued, despite the much cheaper prices wrought by the bear market. The point of this discussion is that higher interest rates are not an additional reason, above and beyond the other factors affecting the stock market, why the market should fall.</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":"2269490734","content_text":"Forget everything you think you know about the relationship between interest rates and the stock market.Forget everything you think you know about the relationship between interest rates and the stock market. Take the notion that higher interest rates are bad for the stock market, which is almost universally believed on Wall Street. Plausible as this is, it is surprisingly difficult to support it empirically.It would be important to challenge this notion at any time, but especially in light of the U.S. market's decline this past week following the Federal Reserve's most recent interest-rate hike announcement.To show why higher interest rates aren't necessarily bad for equities, I compared the predictive power of the following two valuation indicators:If higher interest rates were always bad for stocks, then the Fed Model's track record would be superior to that of the earnings yield.It is not, as you can see from the table below. The table reports a statistic known as the r-squared, which reflects the degree to which one data series (in this case, the earnings yield or the Fed Model) predicts changes in a second series (in this case, the stock market's subsequent inflation-adjusted real return). The table reflects the U.S. stock market back to 1871, courtesy of data provided by Yale University's finance professor Robert Shiller.In other words, the ability to predict the stock market's five- and 10-year returns goes down when taking interest rates into account.Money illusionThese results are so surprising that it's important to explore why the conventional wisdom is wrong. That wisdom is based on the eminently plausible argument that higher interest rates mean that future years' corporate earnings must be discounted at a higher rate when calculating their present value. While that argument is not wrong, Richard Warr,  a finance professor at North Carolina State University, told me, it's only half the story.The other half of this story is that interest rates tend to be higher when inflation is higher, and average nominal earnings tend to grow faster in higher-inflation environments. Failing to appreciate this other half of the story is a fundamental mistake in economics known as \"inflation illusion\" -- confusing nominal with real, or inflation-adjusted, values.According to research conducted by Warr, inflation's impact on nominal earnings and the discount rate largely cancel each other out over time. While earnings tend to grow faster when inflation is higher, they must be more heavily discounted when calculating their present value.Investors were guilty of inflation illusion when they reacted to the Fed's latest interest rate announcement by selling stocks.None of this means that the bear market shouldn't continue, or that equities aren't overvalued. Indeed, by many measures, stocks are still overvalued, despite the much cheaper prices wrought by the bear market. The point of this discussion is that higher interest rates are not an additional reason, above and beyond the other factors affecting the stock market, why the market should fall.","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9937730163,"gmtCreate":1663499989052,"gmtModify":1676537279885,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9937730163","repostId":"2268672370","repostType":4,"repost":{"id":"2268672370","pubTimestamp":1663460267,"share":"https://www.laohu8.com/m/news/2268672370?lang=&edition=full","pubTime":"2022-09-18 08:17","market":"us","language":"en","title":"Can the Fed Tame Inflation Without Further Crushing the Stock Market? What Investors Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2268672370","media":"MarketWatch","summary":"Investors should brace for more volatility with policy makers expected to deliver another jumbo rate","content":"<html><head></head><body><p>Investors should brace for more volatility with policy makers expected to deliver another jumbo rate hike</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5b4166c0ac7b0bdf7caa1837ef618a67\" tg-width=\"700\" tg-height=\"487\" width=\"100%\" height=\"auto\"/><span>Fed Chair Jerome Powell says bringing down inflation will cause pain for households and businesses.</span></p><p>The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said.</p><p>“I don’t think they’re necessarily trying to drive inflation down by destroying stock prices or bond prices, but it is having that effect.” said Tim Courtney, chief investment officer at Exencial Wealth Advisors, in an interview.</p><p>U.S. stocks fell sharply in the past week after hopes for a pronounced cooling in inflation were dashed by a hotter-than-expected August inflation reading. The data cemented expectations among fed-funds futures traders for a rate hike of at least 75 basis points when the Fed concludes its policy meeting on Sept. 21, with some traders and analysts looking for an increase of 100 basis points, or a full percentage point.</p><p>The Dow Jones Industrial Average logged a 4.1% weekly fall, while the S&amp;P 500 dropped 4.8% and the Nasdaq Composite suffered a 5.5% decline. The S&amp;P 500 ended Friday below the 3,900 level viewed as an important area of technical support, with some chart watchers eyeing the potential for a test of the large-cap benchmark’s 2022 low at 3,666.77 set on June 16.</p><p>A profit warning from global shipping giant and economic bellwether FedEx Corp. further stoked recession fears, contributing to stock-market losses on Friday.</p><p>Treasurys also fell, with yield on the 2-year Treasury note soaring to a nearly 15-year high above 3.85% on expectations the Fed will continue pushing rates higher in coming months. Yields rise as prices fall.</p><p>Investors are operating in an environment where the central bank’s need to rein in stubborn inflation is widely seen having eliminated the notion of a figurative “Fed put” on the stock market.</p><p>The concept of a Fed put has been around since at least the October 1987 stock-market crash prompted the Alan Greenspan-led central bank to lower interest rates. An actual put option is a financial derivative that gives the holder the right but not the obligation to sell the underlying asset at a set level, known as the strike price, serving as an insurance policy against a market decline.</p><p>Some economists and analysts have even suggested the Fed should welcome or even aim for market losses, which could serve to tighten financial conditions as investors scale back spending.</p><p>William Dudley, the former president of the New York Fed, argued earlier this year that the central bank won’t get a handle on inflation that’s running near a 40-year high unless they make investors suffer. “It’s hard to know how much the Federal Reserve will need to do to get inflation under control,” wrote Dudley in a Bloomberg column in April. “But one thing is certain: to be effective, it’ll have to inflict more losses on stock and bond investors than it has so far.”</p><p>Some market participants aren’t convinced. Aoifinn Devitt, chief investment officer at Moneta,said the Fed likely sees stock-market volatility as a byproduct of its efforts to tighten monetary policy, not an objective.</p><p>“They recognize that stocks can be collateral damage in a tightening cycle,” but that doesn’t mean that stocks “have to collapse,” Devitt said.</p><p>The Fed, however, is prepared to tolerate seeing markets decline and the economy slow and even tip into recession as it focuses on taming inflation, she said.</p><p>The Federal Reserve held the fed funds target rate at a range of 0% to 0.25% between 2008 and 2015, as it dealt with the financial crisis and its aftermath. The Fed also cut rates to near zero again in March 2020 in response to the COVID-19 pandemic. With a rock-bottom interest rate, the Dow skyrocketed over 40%, while the large-cap index S&amp;P 500 jumped over 60% between March 2020 and December 2021, according to Dow Jones Market Data.</p><p>Investors got used to “the tailwind for over a decade with falling interest rates” while looking for the Fed to step in with its “put” should the going get rocky, said Courtney at Exencial Wealth Advisors.</p><p>“I think (now) the Fed message is ‘you’re not gonna get this tailwind anymore’,” Courtney told MarketWatch on Thursday. “I think markets can grow, but they’re gonna have to grow on their own because the markets are like a greenhouse where the temperatures have to be kept at a certain level all day and all night, and I think that’s the message that markets can and should grow on their own without the greenhouse effect.”</p><p>Meanwhile, the Fed’s aggressive stance means investors should be prepared for what may be a “few more daily stabs downward” that could eventually prove to be a “final big flush,” said Liz Young, head of investment strategy at SoFi, in a Thursday note.</p><p>“This may sound odd, but if that happens swiftly, meaning within the next couple months, that actually becomes the bull case in my view,” she said. “It could be a quick and painful drop, resulting in a renewed move higher later in the year that’s more durable, as inflation falls more notably.”</p></body></html>","source":"lsy1603348471595","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>Can the Fed Tame Inflation Without Further Crushing the Stock Market? What Investors Need to Know</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\">\nCan the Fed Tame Inflation Without Further Crushing the Stock Market? What Investors Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-18 08:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/the-fed-isnt-trying-to-wreck-the-stock-market-as-it-wrestles-with-inflation-but-it-isnt-going-to-ride-to-the-rescue-11663366540?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should brace for more volatility with policy makers expected to deliver another jumbo rate hikeFed Chair Jerome Powell says bringing down inflation will cause pain for households and ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-fed-isnt-trying-to-wreck-the-stock-market-as-it-wrestles-with-inflation-but-it-isnt-going-to-ride-to-the-rescue-11663366540?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/the-fed-isnt-trying-to-wreck-the-stock-market-as-it-wrestles-with-inflation-but-it-isnt-going-to-ride-to-the-rescue-11663366540?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268672370","content_text":"Investors should brace for more volatility with policy makers expected to deliver another jumbo rate hikeFed Chair Jerome Powell says bringing down inflation will cause pain for households and businesses.The Federal Reserve isn’t trying to slam the stock market as it rapidly raises interest rates in its bid to slow inflation still running red hot — but investors need to be prepared for more pain and volatility because policy makers aren’t going to be cowed by a deepening selloff, investors and strategists said.“I don’t think they’re necessarily trying to drive inflation down by destroying stock prices or bond prices, but it is having that effect.” said Tim Courtney, chief investment officer at Exencial Wealth Advisors, in an interview.U.S. stocks fell sharply in the past week after hopes for a pronounced cooling in inflation were dashed by a hotter-than-expected August inflation reading. The data cemented expectations among fed-funds futures traders for a rate hike of at least 75 basis points when the Fed concludes its policy meeting on Sept. 21, with some traders and analysts looking for an increase of 100 basis points, or a full percentage point.The Dow Jones Industrial Average logged a 4.1% weekly fall, while the S&P 500 dropped 4.8% and the Nasdaq Composite suffered a 5.5% decline. The S&P 500 ended Friday below the 3,900 level viewed as an important area of technical support, with some chart watchers eyeing the potential for a test of the large-cap benchmark’s 2022 low at 3,666.77 set on June 16.A profit warning from global shipping giant and economic bellwether FedEx Corp. further stoked recession fears, contributing to stock-market losses on Friday.Treasurys also fell, with yield on the 2-year Treasury note soaring to a nearly 15-year high above 3.85% on expectations the Fed will continue pushing rates higher in coming months. Yields rise as prices fall.Investors are operating in an environment where the central bank’s need to rein in stubborn inflation is widely seen having eliminated the notion of a figurative “Fed put” on the stock market.The concept of a Fed put has been around since at least the October 1987 stock-market crash prompted the Alan Greenspan-led central bank to lower interest rates. An actual put option is a financial derivative that gives the holder the right but not the obligation to sell the underlying asset at a set level, known as the strike price, serving as an insurance policy against a market decline.Some economists and analysts have even suggested the Fed should welcome or even aim for market losses, which could serve to tighten financial conditions as investors scale back spending.William Dudley, the former president of the New York Fed, argued earlier this year that the central bank won’t get a handle on inflation that’s running near a 40-year high unless they make investors suffer. “It’s hard to know how much the Federal Reserve will need to do to get inflation under control,” wrote Dudley in a Bloomberg column in April. “But one thing is certain: to be effective, it’ll have to inflict more losses on stock and bond investors than it has so far.”Some market participants aren’t convinced. Aoifinn Devitt, chief investment officer at Moneta,said the Fed likely sees stock-market volatility as a byproduct of its efforts to tighten monetary policy, not an objective.“They recognize that stocks can be collateral damage in a tightening cycle,” but that doesn’t mean that stocks “have to collapse,” Devitt said.The Fed, however, is prepared to tolerate seeing markets decline and the economy slow and even tip into recession as it focuses on taming inflation, she said.The Federal Reserve held the fed funds target rate at a range of 0% to 0.25% between 2008 and 2015, as it dealt with the financial crisis and its aftermath. The Fed also cut rates to near zero again in March 2020 in response to the COVID-19 pandemic. With a rock-bottom interest rate, the Dow skyrocketed over 40%, while the large-cap index S&P 500 jumped over 60% between March 2020 and December 2021, according to Dow Jones Market Data.Investors got used to “the tailwind for over a decade with falling interest rates” while looking for the Fed to step in with its “put” should the going get rocky, said Courtney at Exencial Wealth Advisors.“I think (now) the Fed message is ‘you’re not gonna get this tailwind anymore’,” Courtney told MarketWatch on Thursday. “I think markets can grow, but they’re gonna have to grow on their own because the markets are like a greenhouse where the temperatures have to be kept at a certain level all day and all night, and I think that’s the message that markets can and should grow on their own without the greenhouse effect.”Meanwhile, the Fed’s aggressive stance means investors should be prepared for what may be a “few more daily stabs downward” that could eventually prove to be a “final big flush,” said Liz Young, head of investment strategy at SoFi, in a Thursday note.“This may sound odd, but if that happens swiftly, meaning within the next couple months, that actually becomes the bull case in my view,” she said. “It could be a quick and painful drop, resulting in a renewed move higher later in the year that’s more durable, as inflation falls more notably.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994205177,"gmtCreate":1661645864801,"gmtModify":1676536552677,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994205177","repostId":"1128541490","repostType":4,"repost":{"id":"1128541490","pubTimestamp":1661644682,"share":"https://www.laohu8.com/m/news/1128541490?lang=&edition=full","pubTime":"2022-08-28 07:58","market":"other","language":"en","title":"QQQ: An Excessive Bust Is Coming","url":"https://stock-news.laohu8.com/highlight/detail?id=1128541490","media":"Seeking Alpha","summary":"SummaryQQQ tracks the hottest stocks in the world, American technology and the Nasdaq 100.George Soros coined the boom-bust model, in which he explained that excess on the upside often leads to excess","content":"<html><head></head><body><p>Summary</p><ul><li>QQQ tracks the hottest stocks in the world, American technology and the Nasdaq 100.</li><li>George Soros coined the boom-bust model, in which he explained that excess on the upside often leads to excess on the downside.</li><li>Looking at the fundamentals of QQQ, it could get ugly.</li><li>In the decade ahead, we project returns of 4% per annum.</li></ul><h3>The Thesis</h3><p>At the end of 2021, the <a href=\"https://laohu8.com/S/QQQ\">Invesco QQQ ETF</a>, which tracks theNasdaq 100, reached a PE of 39 and a cyclically adjusted PE (CAPE ratio) of 60. Legendary investor George Soros has believed for manyyears that excess on the upside leads to excess on the downside. QQQ could fall much, much further as the excess drains out of its valuation. History has shown that when the CAPE ratio reaches 60, real returns for the following 15 years settle around negative 4% per annum:</p><p><img src=\"https://static.tigerbbs.com/7bc80a1f57b8dfee7b03b2b120bca92d\" tg-width=\"838\" tg-height=\"532\" referrerpolicy=\"no-referrer\"/>CAPE Ratio Vs. Real Returns (Lyn Alden)</p><h3>All Aboard The Hype Train</h3><p>If there&#39;s one thing that&#39;s worked over the past decade, it was holding U.S. tech stocks. Thus, the outperformance of QQQ, which has 50% of its holdings in information technology and another 30% or so in communication and consumer tech.</p><p><img src=\"https://static.tigerbbs.com/9edb873b2feb324ecda807b382f4ee2e\" tg-width=\"640\" tg-height=\"304\" referrerpolicy=\"no-referrer\"/>QQQ&#39;s Sector Allocations (Invesco)</p><p>Invesco advertises this ETF by pointing out its track record of outperformance and its trading volume:</p><p><img src=\"https://static.tigerbbs.com/ff0af3bad598a067897135ce8fbc3795\" tg-width=\"640\" tg-height=\"175\" referrerpolicy=\"no-referrer\"/>QQQ ETF (Invesco)</p><p>The problem is, tech stocks outperformed massively before the dot com bubble burst. Following the implosion of 2000, it took more than 15 years for the Nasdaq 100 to recover its losses:</p><p><img src=\"https://static.tigerbbs.com/41f19d55e2420774df33a2ea218d39de\" tg-width=\"1280\" tg-height=\"802\" referrerpolicy=\"no-referrer\"/>QQQ data by YCharts</p><p>In fact, the reason QQQ has outperformed over the past 15 years is because tech underperformed from 2000 to 2010, in my opinion. This meant there were huge bargains in the sector as everyone was depressed about tech stocks. So you can see, you don&#39;t want to buy what&#39;s done well recently, in fact, you want to do just the opposite. We&#39;ve studied several investors who outperformed the market over multiple decades, from Warren Buffett, to Carl Icahn, to Sir John Templeton, to Howard Marks. They all had one thing in common, they bought when there was blood in the streets. QQQ is concentrated in the hottest sectors of the past 5 years, and that&#39;s not where you want to hunt for outsized returns:</p><p><img src=\"https://static.tigerbbs.com/66e2ddbe72a70d8cddbdf93fc4d34160\" tg-width=\"640\" tg-height=\"261\" referrerpolicy=\"no-referrer\"/>Sector Performance (Fidelity)</p><p>The average S&amp;P 500 company survives only20 years, and for tech stocks, that lifespan could be even shorter as these businesses face brutal competition, and the industry is constantly changing. If we look at businesses that survived for more than200 years, we get banks like JPMorgan Chase (JPM), chemical companies like DuPont (DD), and consumer staples companies like Colgate-Palmolive (CL). These are simple and predictable businesses in industries that enjoy a very slow pace of change.</p><p>It&#39;s About To Get Ugly</p><p><b>QQQ&#39;s Top 10 Holdings</b></p><p><img src=\"https://static.tigerbbs.com/597aa9aae54335b405a9cef0e95951a2\" tg-width=\"640\" tg-height=\"290\" referrerpolicy=\"no-referrer\"/>QQQ&#39;s Top 10 Holdings (Invesco)</p><p>We&#39;ve analyzed many of QQQ&#39;s top holdings individually, including <a href=\"https://laohu8.com/S/AAPL\">Apple </a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft </a>, <a href=\"https://laohu8.com/S/AMZN\">Amazon </a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla </a>, Google (GOOG) (GOOGL), <a href=\"https://laohu8.com/S/META\">Meta </a>, and <a href=\"https://laohu8.com/S/COST\">Costco </a>. Marked in red above are our expected annual returns for each business, with a 10-year time horizon. Overall, this equates to a 4% expected annual return for QQQ&#39;s top holdings. In other words, you could get an inflation adjusted return of 0% per annum holding these stocks.</p><p>History has shown the market tends to swing from overly optimistic to overly pessimistic. Legendary investor George Soros coined this the boom-bust model. He believed that excessive margin, speculation, and exuberance on the upside creates excessive insolvency, fear, and selling on the downside. In other words, the larger the boom, the larger the bust. So, what do you think comes next for QQQ? If we had to wager, we&#39;d bet on an excessive bust.</p><h3>Risks To The Thesis</h3><p>Crazy things can go on longer than you expect. In 1989, the PE of the Japanese index reached 60x earnings. The Nasdaq 100 is still nowhere near this level. Enthusiasm can always return in the short-run.</p><p>Also, while Sir John Templeton has cautioned against saying &#34;this time is different,&#34; he conceded that 20% of the time it really is different. Technology stocks have defied gravity up to this point. And, holding a diversified group of technology stocks with a 30-year time horizon isn&#39;t a terrible idea. We&#39;ve seen many of these businesses develop enduring moats and compound at a rapid pace for an extended period of time. An asset-light model and rapidly growing industry is generally a good place to be. Technology should be a part of everyone&#39;s portfolio, at the right valuation.</p><p>Our Valuation</p><p>The Nasdaq 100 has aPE ratio of 27.2, but its earnings could still be at a cyclical peak, as evidenced by its much higher CAPE ratio. This means QQQ likely has earnings per share around $11.78. Looking at the aggregate of several QQQ businesses we&#39;ve analyzed, combined with the cheaper, but slower growing businesses that round out the QQQ ETF, we believe EPS will grow at 8% per annum in the decade ahead. This growth should outpace the S&amp;P 500&#39;s EPS, but the valuation is more stretched than the S&amp;P.</p><p>Our 2032 price target for QQQ is $445 per share, implying returns of 4% per annum with dividends reinvested.</p><ul><li>Growing QQQ&#39;s EPS at 8% per annum, we get $25.43 per share in 2032. We&#39;ve assigned a terminal multiple of 17.5x as we believe growth will slow slightly in the decade that follows. Keep in mind, this is a base-case scenario.</li></ul><h3>The Bottom Line</h3><p>The risk and reward is unfavorable for QQQ, and some of the exuberance we saw on the upside could reverse on the downside. It&#39;s possible you get inflation-adjusted returns of 0% per annum even after holding for 10 years. With such long-duration cash flows, QQQ is very susceptible to an increase in interest rates.</p><p><b>What To Do About It</b></p><p>We&#39;re projecting higher returns in communication companies like Meta and Google than other names in this ETF. Interestingly, communication services has been the worst performing sector of the past 5 years. There&#39;s despondency here, and with despondency comes the potential for outsized returns. For ETF investors, we recommend Vanguard Communication Services ETF (VOX). Here are its top holdings:</p><p><img src=\"https://static.tigerbbs.com/d4c222464e3dc7817645ef7dd9a5499c\" tg-width=\"640\" tg-height=\"351\" referrerpolicy=\"no-referrer\"/>VOX Holdings (Vanguard)</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>QQQ: An Excessive Bust Is Coming</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\">\nQQQ: An Excessive Bust Is Coming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-28 07:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4537241-qqq-an-excessive-bust-is-coming><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryQQQ tracks the hottest stocks in the world, American technology and the Nasdaq 100.George Soros coined the boom-bust model, in which he explained that excess on the upside often leads to excess...</p>\n\n<a href=\"https://seekingalpha.com/article/4537241-qqq-an-excessive-bust-is-coming\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF"},"source_url":"https://seekingalpha.com/article/4537241-qqq-an-excessive-bust-is-coming","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128541490","content_text":"SummaryQQQ tracks the hottest stocks in the world, American technology and the Nasdaq 100.George Soros coined the boom-bust model, in which he explained that excess on the upside often leads to excess on the downside.Looking at the fundamentals of QQQ, it could get ugly.In the decade ahead, we project returns of 4% per annum.The ThesisAt the end of 2021, the Invesco QQQ ETF, which tracks theNasdaq 100, reached a PE of 39 and a cyclically adjusted PE (CAPE ratio) of 60. Legendary investor George Soros has believed for manyyears that excess on the upside leads to excess on the downside. QQQ could fall much, much further as the excess drains out of its valuation. History has shown that when the CAPE ratio reaches 60, real returns for the following 15 years settle around negative 4% per annum:CAPE Ratio Vs. Real Returns (Lyn Alden)All Aboard The Hype TrainIf there's one thing that's worked over the past decade, it was holding U.S. tech stocks. Thus, the outperformance of QQQ, which has 50% of its holdings in information technology and another 30% or so in communication and consumer tech.QQQ's Sector Allocations (Invesco)Invesco advertises this ETF by pointing out its track record of outperformance and its trading volume:QQQ ETF (Invesco)The problem is, tech stocks outperformed massively before the dot com bubble burst. Following the implosion of 2000, it took more than 15 years for the Nasdaq 100 to recover its losses:QQQ data by YChartsIn fact, the reason QQQ has outperformed over the past 15 years is because tech underperformed from 2000 to 2010, in my opinion. This meant there were huge bargains in the sector as everyone was depressed about tech stocks. So you can see, you don't want to buy what's done well recently, in fact, you want to do just the opposite. We've studied several investors who outperformed the market over multiple decades, from Warren Buffett, to Carl Icahn, to Sir John Templeton, to Howard Marks. They all had one thing in common, they bought when there was blood in the streets. QQQ is concentrated in the hottest sectors of the past 5 years, and that's not where you want to hunt for outsized returns:Sector Performance (Fidelity)The average S&P 500 company survives only20 years, and for tech stocks, that lifespan could be even shorter as these businesses face brutal competition, and the industry is constantly changing. If we look at businesses that survived for more than200 years, we get banks like JPMorgan Chase (JPM), chemical companies like DuPont (DD), and consumer staples companies like Colgate-Palmolive (CL). These are simple and predictable businesses in industries that enjoy a very slow pace of change.It's About To Get UglyQQQ's Top 10 HoldingsQQQ's Top 10 Holdings (Invesco)We've analyzed many of QQQ's top holdings individually, including Apple , Microsoft , Amazon , Tesla , Google (GOOG) (GOOGL), Meta , and Costco . Marked in red above are our expected annual returns for each business, with a 10-year time horizon. Overall, this equates to a 4% expected annual return for QQQ's top holdings. In other words, you could get an inflation adjusted return of 0% per annum holding these stocks.History has shown the market tends to swing from overly optimistic to overly pessimistic. Legendary investor George Soros coined this the boom-bust model. He believed that excessive margin, speculation, and exuberance on the upside creates excessive insolvency, fear, and selling on the downside. In other words, the larger the boom, the larger the bust. So, what do you think comes next for QQQ? If we had to wager, we'd bet on an excessive bust.Risks To The ThesisCrazy things can go on longer than you expect. In 1989, the PE of the Japanese index reached 60x earnings. The Nasdaq 100 is still nowhere near this level. Enthusiasm can always return in the short-run.Also, while Sir John Templeton has cautioned against saying \"this time is different,\" he conceded that 20% of the time it really is different. Technology stocks have defied gravity up to this point. And, holding a diversified group of technology stocks with a 30-year time horizon isn't a terrible idea. We've seen many of these businesses develop enduring moats and compound at a rapid pace for an extended period of time. An asset-light model and rapidly growing industry is generally a good place to be. Technology should be a part of everyone's portfolio, at the right valuation.Our ValuationThe Nasdaq 100 has aPE ratio of 27.2, but its earnings could still be at a cyclical peak, as evidenced by its much higher CAPE ratio. This means QQQ likely has earnings per share around $11.78. Looking at the aggregate of several QQQ businesses we've analyzed, combined with the cheaper, but slower growing businesses that round out the QQQ ETF, we believe EPS will grow at 8% per annum in the decade ahead. This growth should outpace the S&P 500's EPS, but the valuation is more stretched than the S&P.Our 2032 price target for QQQ is $445 per share, implying returns of 4% per annum with dividends reinvested.Growing QQQ's EPS at 8% per annum, we get $25.43 per share in 2032. We've assigned a terminal multiple of 17.5x as we believe growth will slow slightly in the decade that follows. Keep in mind, this is a base-case scenario.The Bottom LineThe risk and reward is unfavorable for QQQ, and some of the exuberance we saw on the upside could reverse on the downside. It's possible you get inflation-adjusted returns of 0% per annum even after holding for 10 years. With such long-duration cash flows, QQQ is very susceptible to an increase in interest rates.What To Do About ItWe're projecting higher returns in communication companies like Meta and Google than other names in this ETF. Interestingly, communication services has been the worst performing sector of the past 5 years. There's despondency here, and with despondency comes the potential for outsized returns. For ETF investors, we recommend Vanguard Communication Services ETF (VOX). Here are its top holdings:VOX Holdings (Vanguard)","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902754332,"gmtCreate":1659757432029,"gmtModify":1703766336122,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902754332","repostId":"1136904781","repostType":4,"repost":{"id":"1136904781","pubTimestamp":1659757961,"share":"https://www.laohu8.com/m/news/1136904781?lang=&edition=full","pubTime":"2022-08-06 11:52","market":"us","language":"en","title":"Alibaba Is Still Not A Buy, Here's Why","url":"https://stock-news.laohu8.com/highlight/detail?id=1136904781","media":"Seeking Alpha","summary":"SummaryBABA gained close to 7% in pre-market trading on August 4th after reporting stronger-than-exp","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>BABA gained close to 7% in pre-market trading on August 4th after reporting stronger-than-expected F1Q23 results.</li><li>Revenues were flat from the prior year, its slowest growth on record, but still better than earlier expectations for declines given the challenging operating environment during the June quarter.</li><li>However, the risks that were associated with Alibaba stock&#39;s selloff over the past ~2 years remain in a fluid state, with no signs of respite in sight.</li><li>Paired with added challenges from a faltering economy at home and overseas, the stock is in for further volatility over coming months.</li></ul><p>Alibaba Group Holding Limited (NYSE:BABA,OTCPK:BABAF) stock rose close to 7% in post-earnings pre-market trading Thursday morning (August 4) after reporting better-than-expected results for its challenging fiscal first quarter. It beat consensus estimates on both revenues and EPS. Revenue came in at RMB 205.6 billion ($30.7 billion) for the June quarter, flat from the same period last year. Although it represented the slowest pace of growth on record, it was still welcomed by investors, as consensus had previously expected a decline for the first time in Alibaba&#39;s history due to sprawling city-wide lockdowns during April and May to stem the spread of COVID. Earnings for the June quarter also beat consensus estimates by $0.19 at $1.75, underscoring prudent cost controls amid inflationary pressure and increased costs of navigating through COVID disruptions.</p><p>Yet, sentiment on the Alibaba stock remains fragile. All of its gains from the May to July rally have been wiped out in recent weeks, with the stock now down close to 20% since the beginning of the year. Volatility remains the broad-based theme for Alibaba stock, as positive uptrends supported by signs of easing regulatory crackdowns, an improving COVID situation in China, and government stimulus to shore up the Chinese economy get torn down once again on news of heightened worries. The moderate uptrend in pre-market trading following a positive earnings surprise this morning also underscores market&#39;s cautions about the Alibaba stock.</p><p>While Alibaba&#39;s valuation appears attractive at current levels considering its robust balance sheet and still-dominant market share in e-commerce and cloud services in China, the investment continues to be overshadowed by risks that remain in a fluid situation. The fragility of Alibaba&#39;s rebounds observed over the past year underscores that the underlying risks to the investment continue to &#34;outweigh any favorable valuation.&#34;</p><p>Considering Alibaba&#39;s long-term fundamental growth and valuation multiple expansion outlook remains a big question mark, with all of its biggest underlying risks still in a highly fluid situation that exhibits no structural signs of improvement, the stock holds almost nothing to stand on its own against the added challenge from brewing broad-based macro headwinds. Alibaba could potentially trend lower in the near-term, as its core Chinese market and adjacent international markets grapple with a faltering macroeconomic backdrop, making it a high-risk investment pick despite what look like attractive valuations compared to peers in a similar business.</p><p><b>The Risks Are Still There</b></p><p>Alibaba stock&#39;s downturn began in late 2020, when heightening regulatory concerns drove a &#34;valuation reset&#34; in U.S.-listed Chinese equities. The situation has continued to take a turn for the worse since, as the regulatory headwinds started to take an effect on Alibaba&#39;s fundamental performance. The added impact from recent macroeconomic headwinds, spanning COVID disruptions in China, and a faltering domestic and global economy have only exacerbated the unfavorable results.</p><p><b>1. Regulatory Crackdowns</b></p><p>Recent signs of easing scrutiny by Chinese authorities have done little in salvaging the losses sustained by the broader cohort of U.S.-listed Chinese stocks, including Alibaba.</p><p>Despite repeated vows to support market stability and calls that the extended regulatory crackdowns on the private sector - especially internet companies - are nearing an end, the ensuing rally was short-lived as investors&#39; confidence buckled at the lack of concrete measures taken to date to salvage the carnage across Chinese equities.</p><p>And, despite recent optimism stemming from the end to high-profile probes, the regulatory risks remain prominent, with investors&#39; confidence also giving in. Markets continued to punish the stock at the first sign of regulatory weakness, as observed in recent declines following reports that Alibaba was levied a RMB 2.5 million($375,000) fine in early July for violating state rules on previous acquisition disclosures. Its cloud unit was recently investigated for association with one of the country&#39;s largest data breaches in history.</p><p>In addition to fines, the regulatory scrutiny surrounding Alibaba&#39;s business has also resulted in other adverse impacts to its fundamental performance. The company&#39;s cloud-computing unit, Alicloud, is slowly losing market share to its state-backed peers due to increasing national security concerns within the public sector. The unit&#39;s market share in China fell from 46% in 2019 to 37% in 2021, while state-backed peer Huawei&#39;s cloud market share doubled over the same period. Despite still being the largest public cloud service provider in China, Alicloud is no longer the preferred choice, threatening Alibaba&#39;s consolidated bottom-line performance. This is further corroborated by the deceleration in Alibaba&#39;s highly profitable cloud business observed in the fiscal first quarter - the segment&#39;s revenues only grew 10% y/y, the slowest pace on record.</p><p>The company has also reduced the size of its in-house investments unit. This is consistent with our earlier observations that it will only be a matter of time until Alibaba follows suit on its peers&#39; pre-emptive moves in unloading investments and shutting down internal deal departments. Investments have played a substantial role in the development of Alibaba&#39;s comprehensive Internet ecosystem and related success in past years. The recent downsizing of Alibaba&#39;s deals, team operations, and subsequent reduction on external investments are expected to drive significant adverse implications to its fundamental performance, in addition to slowed growth observed in recent quarters, adding further pressure to its valuation prospects down the road.</p><p>Yet, given the regulatory overhaul that has taken place over the past year, Alibaba&#39;s growth profile is unlikely to return to its explosive past, meaning any structural valuation upsides - which remains an area of high uncertainty - will be in moderation.</p><p><b>2. Holding Foreign Companies Accountable Act (&#34;HFCAA&#34;)</b></p><p>Chinese equities also remain hostages to the HFCAA still, as the U.S. SEC steps up efforts to ensure all issuers in the U.S. stock exchange are subject to the same rules and regulatory treatment, including compliance with PCAOB audit inspection requirements. Mainland China and Hong Kong remain the only regions that have not yet complied with PCAOB audit inspection requests.</p><p>Alibaba was recently added to the rolling list of delinquent issuers whose auditors have failed to comply with PCAOB inspection requests, renewing investors&#39; fears of delisting risks for the stock. This has effectively started the clock on a three-year countdown for Alibaba, subjecting it to potential delisting from the NYSE if Chinese regulators cannot reach an agreement with the SEC and PCAOB on opening up the books of its domestic enterprises for inspection.</p><p>In the latest development, the China Securities Regulatory Commission (&#34;CSRC&#34;) is &#34;considering allowing U.S. officials to inspect documents on firms that do not possess sensitive data,&#34; but the agency would still like the ability to &#34;withhold sensitive data from inspection&#34; where applicable on the grounds of national security concerns. However, the offer still does not address the key reason for PCAOB audit inspections, which is the need to assess &#34;unredacted&#34; audit papers to ensure information reported in publicly disclosed financial statements are reasonable and free from material misstatements. Negotiations are ongoing, but the two countries &#34;have yet to reach a conclusive agreement on moving forward with the checks.&#34;</p><p>As mentioned in our initial coverages on Chinese equities, increasing institutional exits due to burgeoning regulatory and economic risks in China will continue to drive downward valuation adjustments to the cohort until a concrete resolution is reached. This is further corroborated by the recent pullback in foreign funding allocation towards Chinese equities as discussed in earlier sections, given &#34;increased skepticism among U.S. pension funds and endowments about the growing political and market risks of Asia&#39;s largest economy.&#34; Many foreign investors have abstained from committing new allocations to Chinese funds over the past 12 months, while &#34;Florida&#39;s pension system has halted new investments in China [altogether] as it assesses the risks.&#34; Investments in China stemming from U.S. dollar-denominated funds have fallen for the third consecutive quarter to $1.4 billion as of March 31, marking the lowest sum since 2018. As a result, the valuation multiples on Chinese equities are continuing to lose their luster as institutional investors remain on the side-lines.</p><p>While Alibaba&#39;s recent plans to pursue a primary listing in Hong Kong would open the door to incremental capital from mainland investors, related trading volumes remain a far cry from those in the U.S. - the average daily trading volume for Alibaba stocks in Hong Kong last month was &#34;about $700 million, compared to about $3.2 billion in the U.S.&#34; Although plans for a primary Hong Kong listing were viewed as a positive development by market participants, uncertainties over the Alibaba stock&#39;s future on the U.S. exchange remain a deterring factor to investors, considering declines observed last week following the announcement of the company&#39;s addition to the SEC&#39;s HFCAA shortlist as discussed in the earlier section.</p><p><b>3. Global Economic Uncertainties</b></p><p>Even internal improvements at Alibaba, including stronger-than-expected March quarter results, improved retail trends observed during the &#34;618&#34; bargain shopping event, and plans for a primary listing in Hong Kong by year-end, have been unsuccessful in staging a sustained rally for the stock.</p><p>This has added pressure to Alibaba&#39;s recent intentions to pivot its core Chinese commerce strategy from user acquisition to retention. Gross merchandise value - which measures the total value of transactions completed on Alibaba&#39;s core commerce platforms - in its core China commerce retail segment &#34;declined mid-single-digit y/y&#34; during the June quarter, with a meaningful drop in demand for discretionary goods accounting for the bulk of the setback. However, Alibaba&#39;s &#34;88VIP&#34; members - similar to Amazon Prime(AMZN) members - demonstrated strong purchasing behavior during the annual 618 shopping event, providing slight relief to the period&#39;s GMV decline thanks to budget-conscious bargain hunting as consumer wallets shrink.</p><p>The slowing global economy is also threatening to derail Alibaba&#39;s recent shift in focus to growing its international e-commerce platforms. Alibaba&#39;s international commerce retail segment revenues declined by 3% y/y, while order volumes declined by 4% y/y during the June quarter. Rising inflation and tightening central bank policies across Alibaba&#39;s major overseas markets, including the U.S. and Europe, have resulted in weakening consumer discretionary spending, disrupting Alibaba&#39;s plans to compensate for deceleration in its domestic commerce business with international growth. The challenges have been further exacerbated by the EU&#39;s removal of VAT exemptions on Chinese imports, which has directly impacted order volumes on AliExpress in recent quarters. Increasing competition in Southeast Asia is also thwarting Alibaba&#39;s ambitions in international e-commerce, as observed by consecutive quarters of deceleration in order volumes at Lazada.</p><p><b>Alibaba Stock - Fundamental and Valuation Update</b></p><p>Adjusting our previous forecast for Alibaba&#39;s actual June quarter financial results and recent developments in its operating environment as discussed in the foregoing analysis, the company is expected to generate consolidated revenues of RMB 901.5 billion ($135.2 billion) for fiscal 2023, which represents moderate y/y growth of 6%. The adjustments take into consideration the downward shift in performance at segments - namely, Alicloud and international retail commerce - that were supposed to uplift Alibaba&#39;s growth trajectory and offset the near-term uncertainties within its core Chinese retail commerce business. Specifically, the modest growth rate applied on fiscal 2023 revenue projections intend to reflect the near-term headwinds pertaining to fundamental impacts from ongoing regulatory challenges, as well as global macro uncertainties.</p><p>And over the longer-term, we expect the consolidated business to grow at a modest five-year CAGR of 4.6%, with Alicloud being the core driver. As mentioned in the foregoing analysis, the regulatory have materially transformed the explosive growth that Chinese big tech had once benefited from over the past few years. We expect any recovery to Alibaba&#39;s business over the longer-term to remain in moderation.</p><p><img src=\"https://static.tigerbbs.com/1b23ccb7b6e755cf0baabe2ebb626b35\" tg-width=\"640\" tg-height=\"167\" referrerpolicy=\"no-referrer\"/></p><p>Alibaba Financial Forecast (RMB) (Author)</p><p><img src=\"https://static.tigerbbs.com/49f4dec53abacb221e7b157ebc0da0ec\" tg-width=\"640\" tg-height=\"166\" referrerpolicy=\"no-referrer\"/></p><p>Alibaba Financial Forecast (USD) (Author)</p><p>On the valuation front, we are maintaining a neutral stance on the stock with an expectation that the shares will remain in flux within the $100-range in the near-term. The valuation analysis assumes a perpetual growth rate in line with China&#39;s long-term GDP outlook considering Alibaba&#39;s growth profile as one of the largest big tech businesses in the world, adjusted by its current trading discount to U.S. counterparts like Amazon to account for the Chinese sector&#39;s risks.</p><p><img src=\"https://static.tigerbbs.com/7d51c258a7e0988da0491680f467d4a9\" tg-width=\"640\" tg-height=\"250\" referrerpolicy=\"no-referrer\"/></p><p>Alibaba Valuation Analysis (Author)</p><p>However, considering the near-term macro uncertainties across both its domestic Chinese market and international markets, the Alibaba stock could potentially trend lower and contest the $80-range again - this bear case figure implies a perpetual growth rate in line with China&#39;s long-term GDP outlook, further discounted by a downward valuation adjustment in the extent of those experienced by peers in the tech industry during the heights of their regulatory turmoil.</p><p><img src=\"https://static.tigerbbs.com/478fbc394cf5dd111f0a9104aebcd4b0\" tg-width=\"640\" tg-height=\"153\" referrerpolicy=\"no-referrer\"/></p><p>Alibaba Valuation Sensitivity (Author)</p><p>Any structural momentum above the $100-range would require concrete evidence from both Alibaba and the Chinese government in maintaining resilience in the face of a faltering economy, and providing support for the private sector, respectively, in order to restore investors&#39; confidence in the performance of U.S.-listed Chinese equities.</p><p><b>Final Thoughts</b></p><p>In the ongoing tug-of-war between attractive valuations and a growing profile of underlying risks, the latter continues to take a stronger hold on the Alibaba stock. Reiterating our stance from previous discussions, volatility remains the broad-based theme for the Alibaba stock, with no concrete near-term catalysts to offer respite.</p><p>For one, ongoing regulatory and delisting headwinds are not only warranting a downward valuation reset compared to its U.S. counterparts, but also risking erosion into Alibaba&#39;s fundamental performance - a double-whammy to its market value.</p><p>Investors continue to yearn for concrete resolutions to the challenging external environment for Chinese equities. However, this is likely still a while away, and even then, any upside recovery will be in moderation given that the old days of sprawling growth are likely no more.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Is Still Not A Buy, Here's Why</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Is Still Not A Buy, Here's Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-06 11:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4529653-alibaba-is-still-not-a-buy-heres-why?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A71><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryBABA gained close to 7% in pre-market trading on August 4th after reporting stronger-than-expected F1Q23 results.Revenues were flat from the prior year, its slowest growth on record, but still ...</p>\n\n<a href=\"https://seekingalpha.com/article/4529653-alibaba-is-still-not-a-buy-heres-why?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A71\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-SW","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4529653-alibaba-is-still-not-a-buy-heres-why?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A71","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136904781","content_text":"SummaryBABA gained close to 7% in pre-market trading on August 4th after reporting stronger-than-expected F1Q23 results.Revenues were flat from the prior year, its slowest growth on record, but still better than earlier expectations for declines given the challenging operating environment during the June quarter.However, the risks that were associated with Alibaba stock's selloff over the past ~2 years remain in a fluid state, with no signs of respite in sight.Paired with added challenges from a faltering economy at home and overseas, the stock is in for further volatility over coming months.Alibaba Group Holding Limited (NYSE:BABA,OTCPK:BABAF) stock rose close to 7% in post-earnings pre-market trading Thursday morning (August 4) after reporting better-than-expected results for its challenging fiscal first quarter. It beat consensus estimates on both revenues and EPS. Revenue came in at RMB 205.6 billion ($30.7 billion) for the June quarter, flat from the same period last year. Although it represented the slowest pace of growth on record, it was still welcomed by investors, as consensus had previously expected a decline for the first time in Alibaba's history due to sprawling city-wide lockdowns during April and May to stem the spread of COVID. Earnings for the June quarter also beat consensus estimates by $0.19 at $1.75, underscoring prudent cost controls amid inflationary pressure and increased costs of navigating through COVID disruptions.Yet, sentiment on the Alibaba stock remains fragile. All of its gains from the May to July rally have been wiped out in recent weeks, with the stock now down close to 20% since the beginning of the year. Volatility remains the broad-based theme for Alibaba stock, as positive uptrends supported by signs of easing regulatory crackdowns, an improving COVID situation in China, and government stimulus to shore up the Chinese economy get torn down once again on news of heightened worries. The moderate uptrend in pre-market trading following a positive earnings surprise this morning also underscores market's cautions about the Alibaba stock.While Alibaba's valuation appears attractive at current levels considering its robust balance sheet and still-dominant market share in e-commerce and cloud services in China, the investment continues to be overshadowed by risks that remain in a fluid situation. The fragility of Alibaba's rebounds observed over the past year underscores that the underlying risks to the investment continue to \"outweigh any favorable valuation.\"Considering Alibaba's long-term fundamental growth and valuation multiple expansion outlook remains a big question mark, with all of its biggest underlying risks still in a highly fluid situation that exhibits no structural signs of improvement, the stock holds almost nothing to stand on its own against the added challenge from brewing broad-based macro headwinds. Alibaba could potentially trend lower in the near-term, as its core Chinese market and adjacent international markets grapple with a faltering macroeconomic backdrop, making it a high-risk investment pick despite what look like attractive valuations compared to peers in a similar business.The Risks Are Still ThereAlibaba stock's downturn began in late 2020, when heightening regulatory concerns drove a \"valuation reset\" in U.S.-listed Chinese equities. The situation has continued to take a turn for the worse since, as the regulatory headwinds started to take an effect on Alibaba's fundamental performance. The added impact from recent macroeconomic headwinds, spanning COVID disruptions in China, and a faltering domestic and global economy have only exacerbated the unfavorable results.1. Regulatory CrackdownsRecent signs of easing scrutiny by Chinese authorities have done little in salvaging the losses sustained by the broader cohort of U.S.-listed Chinese stocks, including Alibaba.Despite repeated vows to support market stability and calls that the extended regulatory crackdowns on the private sector - especially internet companies - are nearing an end, the ensuing rally was short-lived as investors' confidence buckled at the lack of concrete measures taken to date to salvage the carnage across Chinese equities.And, despite recent optimism stemming from the end to high-profile probes, the regulatory risks remain prominent, with investors' confidence also giving in. Markets continued to punish the stock at the first sign of regulatory weakness, as observed in recent declines following reports that Alibaba was levied a RMB 2.5 million($375,000) fine in early July for violating state rules on previous acquisition disclosures. Its cloud unit was recently investigated for association with one of the country's largest data breaches in history.In addition to fines, the regulatory scrutiny surrounding Alibaba's business has also resulted in other adverse impacts to its fundamental performance. The company's cloud-computing unit, Alicloud, is slowly losing market share to its state-backed peers due to increasing national security concerns within the public sector. The unit's market share in China fell from 46% in 2019 to 37% in 2021, while state-backed peer Huawei's cloud market share doubled over the same period. Despite still being the largest public cloud service provider in China, Alicloud is no longer the preferred choice, threatening Alibaba's consolidated bottom-line performance. This is further corroborated by the deceleration in Alibaba's highly profitable cloud business observed in the fiscal first quarter - the segment's revenues only grew 10% y/y, the slowest pace on record.The company has also reduced the size of its in-house investments unit. This is consistent with our earlier observations that it will only be a matter of time until Alibaba follows suit on its peers' pre-emptive moves in unloading investments and shutting down internal deal departments. Investments have played a substantial role in the development of Alibaba's comprehensive Internet ecosystem and related success in past years. The recent downsizing of Alibaba's deals, team operations, and subsequent reduction on external investments are expected to drive significant adverse implications to its fundamental performance, in addition to slowed growth observed in recent quarters, adding further pressure to its valuation prospects down the road.Yet, given the regulatory overhaul that has taken place over the past year, Alibaba's growth profile is unlikely to return to its explosive past, meaning any structural valuation upsides - which remains an area of high uncertainty - will be in moderation.2. Holding Foreign Companies Accountable Act (\"HFCAA\")Chinese equities also remain hostages to the HFCAA still, as the U.S. SEC steps up efforts to ensure all issuers in the U.S. stock exchange are subject to the same rules and regulatory treatment, including compliance with PCAOB audit inspection requirements. Mainland China and Hong Kong remain the only regions that have not yet complied with PCAOB audit inspection requests.Alibaba was recently added to the rolling list of delinquent issuers whose auditors have failed to comply with PCAOB inspection requests, renewing investors' fears of delisting risks for the stock. This has effectively started the clock on a three-year countdown for Alibaba, subjecting it to potential delisting from the NYSE if Chinese regulators cannot reach an agreement with the SEC and PCAOB on opening up the books of its domestic enterprises for inspection.In the latest development, the China Securities Regulatory Commission (\"CSRC\") is \"considering allowing U.S. officials to inspect documents on firms that do not possess sensitive data,\" but the agency would still like the ability to \"withhold sensitive data from inspection\" where applicable on the grounds of national security concerns. However, the offer still does not address the key reason for PCAOB audit inspections, which is the need to assess \"unredacted\" audit papers to ensure information reported in publicly disclosed financial statements are reasonable and free from material misstatements. Negotiations are ongoing, but the two countries \"have yet to reach a conclusive agreement on moving forward with the checks.\"As mentioned in our initial coverages on Chinese equities, increasing institutional exits due to burgeoning regulatory and economic risks in China will continue to drive downward valuation adjustments to the cohort until a concrete resolution is reached. This is further corroborated by the recent pullback in foreign funding allocation towards Chinese equities as discussed in earlier sections, given \"increased skepticism among U.S. pension funds and endowments about the growing political and market risks of Asia's largest economy.\" Many foreign investors have abstained from committing new allocations to Chinese funds over the past 12 months, while \"Florida's pension system has halted new investments in China [altogether] as it assesses the risks.\" Investments in China stemming from U.S. dollar-denominated funds have fallen for the third consecutive quarter to $1.4 billion as of March 31, marking the lowest sum since 2018. As a result, the valuation multiples on Chinese equities are continuing to lose their luster as institutional investors remain on the side-lines.While Alibaba's recent plans to pursue a primary listing in Hong Kong would open the door to incremental capital from mainland investors, related trading volumes remain a far cry from those in the U.S. - the average daily trading volume for Alibaba stocks in Hong Kong last month was \"about $700 million, compared to about $3.2 billion in the U.S.\" Although plans for a primary Hong Kong listing were viewed as a positive development by market participants, uncertainties over the Alibaba stock's future on the U.S. exchange remain a deterring factor to investors, considering declines observed last week following the announcement of the company's addition to the SEC's HFCAA shortlist as discussed in the earlier section.3. Global Economic UncertaintiesEven internal improvements at Alibaba, including stronger-than-expected March quarter results, improved retail trends observed during the \"618\" bargain shopping event, and plans for a primary listing in Hong Kong by year-end, have been unsuccessful in staging a sustained rally for the stock.This has added pressure to Alibaba's recent intentions to pivot its core Chinese commerce strategy from user acquisition to retention. Gross merchandise value - which measures the total value of transactions completed on Alibaba's core commerce platforms - in its core China commerce retail segment \"declined mid-single-digit y/y\" during the June quarter, with a meaningful drop in demand for discretionary goods accounting for the bulk of the setback. However, Alibaba's \"88VIP\" members - similar to Amazon Prime(AMZN) members - demonstrated strong purchasing behavior during the annual 618 shopping event, providing slight relief to the period's GMV decline thanks to budget-conscious bargain hunting as consumer wallets shrink.The slowing global economy is also threatening to derail Alibaba's recent shift in focus to growing its international e-commerce platforms. Alibaba's international commerce retail segment revenues declined by 3% y/y, while order volumes declined by 4% y/y during the June quarter. Rising inflation and tightening central bank policies across Alibaba's major overseas markets, including the U.S. and Europe, have resulted in weakening consumer discretionary spending, disrupting Alibaba's plans to compensate for deceleration in its domestic commerce business with international growth. The challenges have been further exacerbated by the EU's removal of VAT exemptions on Chinese imports, which has directly impacted order volumes on AliExpress in recent quarters. Increasing competition in Southeast Asia is also thwarting Alibaba's ambitions in international e-commerce, as observed by consecutive quarters of deceleration in order volumes at Lazada.Alibaba Stock - Fundamental and Valuation UpdateAdjusting our previous forecast for Alibaba's actual June quarter financial results and recent developments in its operating environment as discussed in the foregoing analysis, the company is expected to generate consolidated revenues of RMB 901.5 billion ($135.2 billion) for fiscal 2023, which represents moderate y/y growth of 6%. The adjustments take into consideration the downward shift in performance at segments - namely, Alicloud and international retail commerce - that were supposed to uplift Alibaba's growth trajectory and offset the near-term uncertainties within its core Chinese retail commerce business. Specifically, the modest growth rate applied on fiscal 2023 revenue projections intend to reflect the near-term headwinds pertaining to fundamental impacts from ongoing regulatory challenges, as well as global macro uncertainties.And over the longer-term, we expect the consolidated business to grow at a modest five-year CAGR of 4.6%, with Alicloud being the core driver. As mentioned in the foregoing analysis, the regulatory have materially transformed the explosive growth that Chinese big tech had once benefited from over the past few years. We expect any recovery to Alibaba's business over the longer-term to remain in moderation.Alibaba Financial Forecast (RMB) (Author)Alibaba Financial Forecast (USD) (Author)On the valuation front, we are maintaining a neutral stance on the stock with an expectation that the shares will remain in flux within the $100-range in the near-term. The valuation analysis assumes a perpetual growth rate in line with China's long-term GDP outlook considering Alibaba's growth profile as one of the largest big tech businesses in the world, adjusted by its current trading discount to U.S. counterparts like Amazon to account for the Chinese sector's risks.Alibaba Valuation Analysis (Author)However, considering the near-term macro uncertainties across both its domestic Chinese market and international markets, the Alibaba stock could potentially trend lower and contest the $80-range again - this bear case figure implies a perpetual growth rate in line with China's long-term GDP outlook, further discounted by a downward valuation adjustment in the extent of those experienced by peers in the tech industry during the heights of their regulatory turmoil.Alibaba Valuation Sensitivity (Author)Any structural momentum above the $100-range would require concrete evidence from both Alibaba and the Chinese government in maintaining resilience in the face of a faltering economy, and providing support for the private sector, respectively, in order to restore investors' confidence in the performance of U.S.-listed Chinese equities.Final ThoughtsIn the ongoing tug-of-war between attractive valuations and a growing profile of underlying risks, the latter continues to take a stronger hold on the Alibaba stock. Reiterating our stance from previous discussions, volatility remains the broad-based theme for the Alibaba stock, with no concrete near-term catalysts to offer respite.For one, ongoing regulatory and delisting headwinds are not only warranting a downward valuation reset compared to its U.S. counterparts, but also risking erosion into Alibaba's fundamental performance - a double-whammy to its market value.Investors continue to yearn for concrete resolutions to the challenging external environment for Chinese equities. However, this is likely still a while away, and even then, any upside recovery will be in moderation given that the old days of sprawling growth are likely no more.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903801101,"gmtCreate":1658995326003,"gmtModify":1676536241185,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903801101","repostId":"1107174113","repostType":4,"repost":{"id":"1107174113","pubTimestamp":1658990914,"share":"https://www.laohu8.com/m/news/1107174113?lang=&edition=full","pubTime":"2022-07-28 14:48","market":"us","language":"en","title":"U.S. Q2 GDP Come Today. The Recession Debate Won’t End","url":"https://stock-news.laohu8.com/highlight/detail?id=1107174113","media":"Barrons","summary":"The U.S. economy likely grew slightly in the second quarter as consumer spending slowed amid rising ","content":"<html><head></head><body><p>The U.S. economy likely grew slightly in the second quarter as consumer spending slowed amid rising prices and a slump in new home sales. Don’t expect the debate over recession to fade, however.</p><p>Economists expect gross-domestic product grew at a 0.3% annual rate between March and June, consensus expectations show, a sluggish pace that nonetheless suggests a turnaround from the first quarter’s 1.6% decline. But economists’ estimates vary significantly: The closely watched Federal Reserve Bank of Atlanta’s GDPNow forecast, for example, shows an expected 1.2% decline between the first and second quarters on an annualized basis.</p><p>A second consecutive quarter of GDP declines would ring alarm bells and fuel concerns that the U.S. has already dropped into a recession, given that two quarters of negative growth has historically been one criterion of a formal downturn. But the National Bureau of Economic Research, the official arbiter of U.S. recessions, looks at a broader set of factors in making its determination and is watching for “a significant decline in economic activity that is spread across the economy and that lasts more than a few months.”</p><p>Given the current strength of the U.S. labor market and healthy business and consumer balance sheets, most economists agree that even if data shows the economy shrank again for the second straight quarter, the key elements of a recession have not yet been met.</p><p>“But ‘yet’ is the operative word,” says Diane Swonk, chief economist with KPMG. “Because momentum is slowing, and we’re getting closer to the edge. And it’s hard, when you get close to the edge, to not fall into the canyon.”</p><p>The top concern for economists ahead of the second-quarter GDP data release is that slowdowns in the most recent period are likely to be more worrisome and show more fundamental weakness than the factors that dragged down growth at the start of the year.</p><p>Between January and March, much of the decline was due to one-off factors including a surge in imports, which count as a subtraction in the calculation of GDP, and a decline in the pace of inventory restocking. But the elements that better reflect the economy’s momentum, including consumer spending and private investment, remained strong.</p><p>That is likely to have shifted in the second quarter, when sluggish growth—or potential contraction—was driven more by fundamental weakness, including consumer spending softening and business fixed investment slowing.</p><p>“There’s less of a way to explain away the weakness in Q2,” says Tim Quinlan, senior economist with Wells Fargo.“This feels to be like an economy that’s actually losing momentum.”</p><p>For the Federal Reserve, some softening is both expected and necessary in order to rein in inflation. Fed Chairman Jerome Powell said Wednesdaythat the central bank is watching what it sees as “a marked slowing in the second quarter that is fairly broad.” But he added that the Fed wants to see demand running below potential for a sustained period in order to “give inflation a chance to come down.”</p><p>Plus, given that the numbers being released Thursday will be revised twice before they’re final, “you tend to take first GDP reports, I think, with a grain of salt,” Powell said. “But of course, it’s something we’ll be looking at.”</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Q2 GDP Come Today. The Recession Debate Won’t End</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Q2 GDP Come Today. The Recession Debate Won’t End\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-28 14:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/us-gdp-second-quarter-51658959193?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The U.S. economy likely grew slightly in the second quarter as consumer spending slowed amid rising prices and a slump in new home sales. Don’t expect the debate over recession to fade, however....</p>\n\n<a href=\"https://www.barrons.com/articles/us-gdp-second-quarter-51658959193?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/us-gdp-second-quarter-51658959193?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107174113","content_text":"The U.S. economy likely grew slightly in the second quarter as consumer spending slowed amid rising prices and a slump in new home sales. Don’t expect the debate over recession to fade, however.Economists expect gross-domestic product grew at a 0.3% annual rate between March and June, consensus expectations show, a sluggish pace that nonetheless suggests a turnaround from the first quarter’s 1.6% decline. But economists’ estimates vary significantly: The closely watched Federal Reserve Bank of Atlanta’s GDPNow forecast, for example, shows an expected 1.2% decline between the first and second quarters on an annualized basis.A second consecutive quarter of GDP declines would ring alarm bells and fuel concerns that the U.S. has already dropped into a recession, given that two quarters of negative growth has historically been one criterion of a formal downturn. But the National Bureau of Economic Research, the official arbiter of U.S. recessions, looks at a broader set of factors in making its determination and is watching for “a significant decline in economic activity that is spread across the economy and that lasts more than a few months.”Given the current strength of the U.S. labor market and healthy business and consumer balance sheets, most economists agree that even if data shows the economy shrank again for the second straight quarter, the key elements of a recession have not yet been met.“But ‘yet’ is the operative word,” says Diane Swonk, chief economist with KPMG. “Because momentum is slowing, and we’re getting closer to the edge. And it’s hard, when you get close to the edge, to not fall into the canyon.”The top concern for economists ahead of the second-quarter GDP data release is that slowdowns in the most recent period are likely to be more worrisome and show more fundamental weakness than the factors that dragged down growth at the start of the year.Between January and March, much of the decline was due to one-off factors including a surge in imports, which count as a subtraction in the calculation of GDP, and a decline in the pace of inventory restocking. But the elements that better reflect the economy’s momentum, including consumer spending and private investment, remained strong.That is likely to have shifted in the second quarter, when sluggish growth—or potential contraction—was driven more by fundamental weakness, including consumer spending softening and business fixed investment slowing.“There’s less of a way to explain away the weakness in Q2,” says Tim Quinlan, senior economist with Wells Fargo.“This feels to be like an economy that’s actually losing momentum.”For the Federal Reserve, some softening is both expected and necessary in order to rein in inflation. Fed Chairman Jerome Powell said Wednesdaythat the central bank is watching what it sees as “a marked slowing in the second quarter that is fairly broad.” But he added that the Fed wants to see demand running below potential for a sustained period in order to “give inflation a chance to come down.”Plus, given that the numbers being released Thursday will be revised twice before they’re final, “you tend to take first GDP reports, I think, with a grain of salt,” Powell said. “But of course, it’s something we’ll be looking at.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026446755,"gmtCreate":1653432601377,"gmtModify":1676535278863,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026446755","repostId":"2238304712","repostType":4,"repost":{"id":"2238304712","pubTimestamp":1653432354,"share":"https://www.laohu8.com/m/news/2238304712?lang=&edition=full","pubTime":"2022-05-25 06:45","market":"us","language":"en","title":"After-Hours Stock Movers: Nordstrom Up 10% Following Earnings, Wendy's Gains 15% on Possible Peltz Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2238304712","media":"StreetInsider","summary":"After-Hours Stock Movers:Wendy's 15% HIGHER; long-time shareholder Nelson Peltz of Trian Fund Manage","content":"<html><head></head><body><p><b>After-Hours Stock Movers:</b></p><p><a href=\"https://laohu8.com/S/WEN\">Wendy&#39;s</a> 15% HIGHER; long-time shareholder Nelson Peltz of Trian Fund Management said they are exploring a potential transaction, including a possible merger.</p><p><a href=\"https://laohu8.com/S/JWN\">Nordstrom</a> 10% HIGHER; reported Q1 EPS of ($0.06), $0.01 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $3.57 billion versus the consensus estimate of $3.27 billion. Nordstrom sees FY2022 EPS of $3.20-$3.50, versus the consensus of $3.12.</p><p><a href=\"https://laohu8.com/S/CAL\">Caleres</a> 12% HIGHER; reported Q1 EPS of $1.32, $0.49 better than the analyst estimate of $0.83. Revenue for the quarter came in at $735.1 million versus the consensus estimate of $677.28 million. The company now expects consolidated sales levels to be up between 2 percent and 5 percent when compared to fiscal year 2021 and expects earnings per diluted share to be between $4.20 and $4.40, representing another year of record or near-record earnings for the organization.</p><p><a href=\"https://laohu8.com/S/KDNY\">Chinook Therapeutics, Inc.</a> 7% LOWER; commenced an underwritten public offering of its common stock,</p><p><a href=\"https://laohu8.com/S/TOL\">Toll Brothers</a> 4% HIGHER; reported Q2 EPS of $1.85, $0.31 better than the analyst estimate of $1.54. Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $2.06 billion. Backlog value was $11.7 billion at second quarter end, up 35% compared to FY 2021’s second quarter; homes in backlog were 11,768, up 16%.</p><p><a href=\"https://laohu8.com/S/INTU\">Intuit </a> 3% HIGHER; reported Q3 EPS of $7.65, $0.07 better than the analyst estimate of $7.58. Revenue for the quarter came in at $5.6 billion versus the consensus estimate of $5.51 billion. Intuit sees FY2022 EPS of $11.68-$11.74, versus the consensus of $11.66. Intuit sees FY2022 revenue of $12.633-12.674 billion, versus the consensus of $12.32 billion.</p><p><a href=\"https://laohu8.com/S/TRVI\">Trevi Therapeutics</a> 3% HIGHER; Oppenheimer initiates coverage with an Outperform rating and a price target of $10.</p><p><a href=\"https://laohu8.com/S/M\">Macy&#39;s, Inc.</a> 2% HIGHER; gains on strong results from peer Nordstrom&#39;s.</p><p><a href=\"https://laohu8.com/S/A\">Agilent Technologies</a> 2% HIGHER; reported Q2 EPS of $1.13, $0.09 better than the analyst estimate of $1.04. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.5 billion. Agilent Technologies sees Q3 2022 EPS of $1.20-$1.22, versus the consensus of $1.12. Agilent Technologies sees Q3 2022 revenue of $1.625-1.65 billion, versus the consensus of $1.56 billion.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After-Hours Stock Movers: Nordstrom Up 10% Following Earnings, Wendy's Gains 15% on Possible Peltz Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter-Hours Stock Movers: Nordstrom Up 10% Following Earnings, Wendy's Gains 15% on Possible Peltz Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-25 06:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20124865><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:Wendy's 15% HIGHER; long-time shareholder Nelson Peltz of Trian Fund Management said they are exploring a potential transaction, including a possible merger.Nordstrom 10% ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20124865\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JWN":"诺德斯特龙","WEN":"温蒂汉堡"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20124865","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2238304712","content_text":"After-Hours Stock Movers:Wendy's 15% HIGHER; long-time shareholder Nelson Peltz of Trian Fund Management said they are exploring a potential transaction, including a possible merger.Nordstrom 10% HIGHER; reported Q1 EPS of ($0.06), $0.01 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $3.57 billion versus the consensus estimate of $3.27 billion. Nordstrom sees FY2022 EPS of $3.20-$3.50, versus the consensus of $3.12.Caleres 12% HIGHER; reported Q1 EPS of $1.32, $0.49 better than the analyst estimate of $0.83. Revenue for the quarter came in at $735.1 million versus the consensus estimate of $677.28 million. The company now expects consolidated sales levels to be up between 2 percent and 5 percent when compared to fiscal year 2021 and expects earnings per diluted share to be between $4.20 and $4.40, representing another year of record or near-record earnings for the organization.Chinook Therapeutics, Inc. 7% LOWER; commenced an underwritten public offering of its common stock,Toll Brothers 4% HIGHER; reported Q2 EPS of $1.85, $0.31 better than the analyst estimate of $1.54. Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $2.06 billion. Backlog value was $11.7 billion at second quarter end, up 35% compared to FY 2021’s second quarter; homes in backlog were 11,768, up 16%.Intuit  3% HIGHER; reported Q3 EPS of $7.65, $0.07 better than the analyst estimate of $7.58. Revenue for the quarter came in at $5.6 billion versus the consensus estimate of $5.51 billion. Intuit sees FY2022 EPS of $11.68-$11.74, versus the consensus of $11.66. Intuit sees FY2022 revenue of $12.633-12.674 billion, versus the consensus of $12.32 billion.Trevi Therapeutics 3% HIGHER; Oppenheimer initiates coverage with an Outperform rating and a price target of $10.Macy's, Inc. 2% HIGHER; gains on strong results from peer Nordstrom's.Agilent Technologies 2% HIGHER; reported Q2 EPS of $1.13, $0.09 better than the analyst estimate of $1.04. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.5 billion. Agilent Technologies sees Q3 2022 EPS of $1.20-$1.22, versus the consensus of $1.12. Agilent Technologies sees Q3 2022 revenue of $1.625-1.65 billion, versus the consensus of $1.56 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915635563,"gmtCreate":1665019718653,"gmtModify":1676537545132,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9915635563","repostId":"2273480168","repostType":4,"repost":{"id":"2273480168","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":1665017886,"share":"https://www.laohu8.com/m/news/2273480168?lang=&edition=full","pubTime":"2022-10-06 08:58","market":"us","language":"en","title":"How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2273480168","media":"Dow Jones","summary":"Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suis","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a291ba13430eddc8bf3a1b33b919cc58\" tg-width=\"860\" tg-height=\"544\" referrerpolicy=\"no-referrer\"/><span>Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suisse.’</span></p><p>A loud online chorus set its sights on one of Switzerland&#39;s biggest banks in recent days, helping spark wild trading and fanning fears that the institution, Credit Suisse, was barreling toward financial trouble.</p><p>For the bank, and for investors, the fast-spreading rumors served as a reminder of the sway online forums can now exert over financial markets -- nearly two years after individual investors banded together on social media to drive shares of GameStop Corp. to gravity-defying highs.</p><p>But while the meme-stock crowd has rallied to support ailing retailers and cinema chains, it remains suspicious of traditional finance. Much of the commentary around Credit Suisse was far more negative, poking fun at a bank some dubbed &#34;Debit Suisse.&#34;</p><p><img src=\"https://static.tigerbbs.com/f858fb60fe3ff850ba7a67945757c9ef\" tg-width=\"733\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Rumors about the financial health of Credit Suisse, the 166-year-old banking giant known for managing money for the world&#39;s rich, began flying late last week with social-media chatter about the company&#39;s tumbling share price. The company&#39;s chief executive ,  Ulrich Körner , urged employees in a memo that leaked late Friday not to confuse stock performance with the bank&#39;s capital strength and liquidity.</p><p>The bank has weathered a series of scandals and executive turnover in recent years, and the memo did little to assuage either investors or armchair experts on social media. A now-deleted tweet by a journalist in Australia claiming a major international investment bank was &#34;on the brink&#34; helped fuel speculation.</p><p>On Reddit, individual investors piled on, with some suggesting Credit Suisse could be the next Lehman Brothers, the U.S. investment bank that collapsed in 2008. Credit Suisse began to trend on Twitter. &#34;How the mighty have fallen,&#34; posted CNBC&#39;s Jim Cramer.</p><p>When markets opened Monday, the fallout was swift. The bank&#39;s shares plunged 12% in Zurich, touching a record intraday low, before recouping most of their losses in high trading volumes. The value of the bank&#39;s riskiest bonds dropped sharply, and the cost of insuring Credit Suisse&#39;s debt against default surged.</p><p>The turbulence built on a wild stretch for financial markets. In the past month, investors have seen the value of the British pound collapse, authorities in Japan and China move to defend their ailing currencies and the U.K. pension market nearly break as bond prices gyrated. Some investors worried Credit Suisse could be the latest market crack.</p><p>&#34;The perennial uncertainty that investors have experienced in the last couple of years has opened up the possibility that anything can break,&#34; said Peter Atwater, president of Financial Insyghts  and an adjunct professor at William &amp; Mary who studies investor confidence. Mr. Atwater said weak investor confidence, coupled with falling stocks and bonds, had fed into a &#34;catastrophic mind-set.&#34;</p><p>Jim Lewis, the co-founder of Wall Street Silver, a popular Twitter account and Reddit forum, said concern over the Federal Reserve may have also fueled anxiety. The U.S. central bank is lifting interest rates and paring its bondholdings, in a process known as quantitative tightening.</p><p>&#34;When you have such a dramatic change in interest rates and quantitative tightening so quickly, someone has to be on the wrong side of this,&#34; Mr. Lewis said. &#34;Someone is losing in this, and we&#39;re just waiting to see who it is.&#34;</p><p>Still, the kerfuffle over Credit Suisse surprised some market watchers. Despite years of scandals, including a more-than-$5 billion hit last year from its dealings with its client Archegos Capital Management, there were no obvious triggers for the sudden turmoil.  Credit Suisse plans to provide a strategy update on Oct. 27, which could include details on proposals to sell assets and sell businesses.</p><p><img src=\"https://static.tigerbbs.com/d63832ea1700968c35ee85a084691aea\" tg-width=\"734\" tg-height=\"515\" referrerpolicy=\"no-referrer\"/></p><p>The bank spent the weekend communicating with clients and investors, people familiar with the matter said, emphasizing the bank&#39;s near-$100 billion capital buffer. Some employees traced and monitored social-media posts across Twitter and Reddit, one of the people said, to determine to what extent they posed a reputational risk.</p><p>The  surge of posts on sites such as Reddit&#39;s WallStreetBets forum, a popular retail-investor hangout, marked a new frontier for the financial institution. Large banks typically haven&#39;t historically needed to spend much time scouring Reddit.</p><p>Wall Street analysts rushed to the bank&#39;s defense. JPMorgan analysts said in a Monday note that they saw Credit Suisse&#39;s &#34;capital and liquidity position as healthy.&#34; At Citigroup, analysts said: &#34;This is not 2008.&#34;</p><p>By Tuesday, some of the nerves had subsided. As global markets rallied, Credit Suisse&#39;s Swiss-traded shares rebounded nearly 9%, while the cost of insuring the bank&#39;s debt against default also declined.</p><p>While actual trading by individual investors was limited -- they bought a net $1 million or so of Credit Suisse&#39;s American depositary receipts Monday, according to Vanda Research -- the bank was the subject of a deluge of memes and jokes.</p><p>&#34;It just sort of took off like wildfire,&#34; said Mr. Lewis of Wall Street Silver. On social media, he said, &#34;it&#39;s more about laughing at the tragedy.&#34; He joined in the discussion on Twitter, posting memes and other tweets to the Wall Street Silver account, which boasts more than 330,000 followers, after seeing credit-default swaps on Credit Suisse rise.</p><p>Pinpointing how social-media frenzies spread can be difficult. Still, many investors are feeling pessimistic after a year where stocks and bonds have tumbled, leaving few good places to hide. And market-watchers say memories of the 2008 global financial crisis remain powerful.</p><p>In addition, while platforms such as Twitter and Facebook were operating then, they have grown in sway since. Individual investors have also become influencers on social media in recent years, making it easier for ideas about markets to spread virally. &#34;Imagine if we had social media in 2008,&#34; Mr. Lewis said.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How a Social-Media Frenzy Around Credit Suisse Rattled Its Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow a Social-Media Frenzy Around Credit Suisse Rattled Its Stock\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\">2022-10-06 08:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a291ba13430eddc8bf3a1b33b919cc58\" tg-width=\"860\" tg-height=\"544\" referrerpolicy=\"no-referrer\"/><span>Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suisse.’</span></p><p>A loud online chorus set its sights on one of Switzerland&#39;s biggest banks in recent days, helping spark wild trading and fanning fears that the institution, Credit Suisse, was barreling toward financial trouble.</p><p>For the bank, and for investors, the fast-spreading rumors served as a reminder of the sway online forums can now exert over financial markets -- nearly two years after individual investors banded together on social media to drive shares of GameStop Corp. to gravity-defying highs.</p><p>But while the meme-stock crowd has rallied to support ailing retailers and cinema chains, it remains suspicious of traditional finance. Much of the commentary around Credit Suisse was far more negative, poking fun at a bank some dubbed &#34;Debit Suisse.&#34;</p><p><img src=\"https://static.tigerbbs.com/f858fb60fe3ff850ba7a67945757c9ef\" tg-width=\"733\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Rumors about the financial health of Credit Suisse, the 166-year-old banking giant known for managing money for the world&#39;s rich, began flying late last week with social-media chatter about the company&#39;s tumbling share price. The company&#39;s chief executive ,  Ulrich Körner , urged employees in a memo that leaked late Friday not to confuse stock performance with the bank&#39;s capital strength and liquidity.</p><p>The bank has weathered a series of scandals and executive turnover in recent years, and the memo did little to assuage either investors or armchair experts on social media. A now-deleted tweet by a journalist in Australia claiming a major international investment bank was &#34;on the brink&#34; helped fuel speculation.</p><p>On Reddit, individual investors piled on, with some suggesting Credit Suisse could be the next Lehman Brothers, the U.S. investment bank that collapsed in 2008. Credit Suisse began to trend on Twitter. &#34;How the mighty have fallen,&#34; posted CNBC&#39;s Jim Cramer.</p><p>When markets opened Monday, the fallout was swift. The bank&#39;s shares plunged 12% in Zurich, touching a record intraday low, before recouping most of their losses in high trading volumes. The value of the bank&#39;s riskiest bonds dropped sharply, and the cost of insuring Credit Suisse&#39;s debt against default surged.</p><p>The turbulence built on a wild stretch for financial markets. In the past month, investors have seen the value of the British pound collapse, authorities in Japan and China move to defend their ailing currencies and the U.K. pension market nearly break as bond prices gyrated. Some investors worried Credit Suisse could be the latest market crack.</p><p>&#34;The perennial uncertainty that investors have experienced in the last couple of years has opened up the possibility that anything can break,&#34; said Peter Atwater, president of Financial Insyghts  and an adjunct professor at William &amp; Mary who studies investor confidence. Mr. Atwater said weak investor confidence, coupled with falling stocks and bonds, had fed into a &#34;catastrophic mind-set.&#34;</p><p>Jim Lewis, the co-founder of Wall Street Silver, a popular Twitter account and Reddit forum, said concern over the Federal Reserve may have also fueled anxiety. The U.S. central bank is lifting interest rates and paring its bondholdings, in a process known as quantitative tightening.</p><p>&#34;When you have such a dramatic change in interest rates and quantitative tightening so quickly, someone has to be on the wrong side of this,&#34; Mr. Lewis said. &#34;Someone is losing in this, and we&#39;re just waiting to see who it is.&#34;</p><p>Still, the kerfuffle over Credit Suisse surprised some market watchers. Despite years of scandals, including a more-than-$5 billion hit last year from its dealings with its client Archegos Capital Management, there were no obvious triggers for the sudden turmoil.  Credit Suisse plans to provide a strategy update on Oct. 27, which could include details on proposals to sell assets and sell businesses.</p><p><img src=\"https://static.tigerbbs.com/d63832ea1700968c35ee85a084691aea\" tg-width=\"734\" tg-height=\"515\" referrerpolicy=\"no-referrer\"/></p><p>The bank spent the weekend communicating with clients and investors, people familiar with the matter said, emphasizing the bank&#39;s near-$100 billion capital buffer. Some employees traced and monitored social-media posts across Twitter and Reddit, one of the people said, to determine to what extent they posed a reputational risk.</p><p>The  surge of posts on sites such as Reddit&#39;s WallStreetBets forum, a popular retail-investor hangout, marked a new frontier for the financial institution. Large banks typically haven&#39;t historically needed to spend much time scouring Reddit.</p><p>Wall Street analysts rushed to the bank&#39;s defense. JPMorgan analysts said in a Monday note that they saw Credit Suisse&#39;s &#34;capital and liquidity position as healthy.&#34; At Citigroup, analysts said: &#34;This is not 2008.&#34;</p><p>By Tuesday, some of the nerves had subsided. As global markets rallied, Credit Suisse&#39;s Swiss-traded shares rebounded nearly 9%, while the cost of insuring the bank&#39;s debt against default also declined.</p><p>While actual trading by individual investors was limited -- they bought a net $1 million or so of Credit Suisse&#39;s American depositary receipts Monday, according to Vanda Research -- the bank was the subject of a deluge of memes and jokes.</p><p>&#34;It just sort of took off like wildfire,&#34; said Mr. Lewis of Wall Street Silver. On social media, he said, &#34;it&#39;s more about laughing at the tragedy.&#34; He joined in the discussion on Twitter, posting memes and other tweets to the Wall Street Silver account, which boasts more than 330,000 followers, after seeing credit-default swaps on Credit Suisse rise.</p><p>Pinpointing how social-media frenzies spread can be difficult. Still, many investors are feeling pessimistic after a year where stocks and bonds have tumbled, leaving few good places to hide. And market-watchers say memories of the 2008 global financial crisis remain powerful.</p><p>In addition, while platforms such as Twitter and Facebook were operating then, they have grown in sway since. Individual investors have also become influencers on social media in recent years, making it easier for ideas about markets to spread virally. &#34;Imagine if we had social media in 2008,&#34; Mr. Lewis said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4118":"综合性资本市场","BK4508":"社交媒体","BK4534":"瑞士信贷持仓","BK4077":"互动媒体与服务","BK4579":"人工智能","BK4516":"特朗普概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4552":"Archegos爆仓风波概念","TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2273480168","content_text":"Much of the social-media commentary around Credit Suisse poked fun at a bank some dubbed ‘Debit Suisse.’A loud online chorus set its sights on one of Switzerland's biggest banks in recent days, helping spark wild trading and fanning fears that the institution, Credit Suisse, was barreling toward financial trouble.For the bank, and for investors, the fast-spreading rumors served as a reminder of the sway online forums can now exert over financial markets -- nearly two years after individual investors banded together on social media to drive shares of GameStop Corp. to gravity-defying highs.But while the meme-stock crowd has rallied to support ailing retailers and cinema chains, it remains suspicious of traditional finance. Much of the commentary around Credit Suisse was far more negative, poking fun at a bank some dubbed \"Debit Suisse.\"Rumors about the financial health of Credit Suisse, the 166-year-old banking giant known for managing money for the world's rich, began flying late last week with social-media chatter about the company's tumbling share price. The company's chief executive ,  Ulrich Körner , urged employees in a memo that leaked late Friday not to confuse stock performance with the bank's capital strength and liquidity.The bank has weathered a series of scandals and executive turnover in recent years, and the memo did little to assuage either investors or armchair experts on social media. A now-deleted tweet by a journalist in Australia claiming a major international investment bank was \"on the brink\" helped fuel speculation.On Reddit, individual investors piled on, with some suggesting Credit Suisse could be the next Lehman Brothers, the U.S. investment bank that collapsed in 2008. Credit Suisse began to trend on Twitter. \"How the mighty have fallen,\" posted CNBC's Jim Cramer.When markets opened Monday, the fallout was swift. The bank's shares plunged 12% in Zurich, touching a record intraday low, before recouping most of their losses in high trading volumes. The value of the bank's riskiest bonds dropped sharply, and the cost of insuring Credit Suisse's debt against default surged.The turbulence built on a wild stretch for financial markets. In the past month, investors have seen the value of the British pound collapse, authorities in Japan and China move to defend their ailing currencies and the U.K. pension market nearly break as bond prices gyrated. Some investors worried Credit Suisse could be the latest market crack.\"The perennial uncertainty that investors have experienced in the last couple of years has opened up the possibility that anything can break,\" said Peter Atwater, president of Financial Insyghts  and an adjunct professor at William & Mary who studies investor confidence. Mr. Atwater said weak investor confidence, coupled with falling stocks and bonds, had fed into a \"catastrophic mind-set.\"Jim Lewis, the co-founder of Wall Street Silver, a popular Twitter account and Reddit forum, said concern over the Federal Reserve may have also fueled anxiety. The U.S. central bank is lifting interest rates and paring its bondholdings, in a process known as quantitative tightening.\"When you have such a dramatic change in interest rates and quantitative tightening so quickly, someone has to be on the wrong side of this,\" Mr. Lewis said. \"Someone is losing in this, and we're just waiting to see who it is.\"Still, the kerfuffle over Credit Suisse surprised some market watchers. Despite years of scandals, including a more-than-$5 billion hit last year from its dealings with its client Archegos Capital Management, there were no obvious triggers for the sudden turmoil.  Credit Suisse plans to provide a strategy update on Oct. 27, which could include details on proposals to sell assets and sell businesses.The bank spent the weekend communicating with clients and investors, people familiar with the matter said, emphasizing the bank's near-$100 billion capital buffer. Some employees traced and monitored social-media posts across Twitter and Reddit, one of the people said, to determine to what extent they posed a reputational risk.The  surge of posts on sites such as Reddit's WallStreetBets forum, a popular retail-investor hangout, marked a new frontier for the financial institution. Large banks typically haven't historically needed to spend much time scouring Reddit.Wall Street analysts rushed to the bank's defense. JPMorgan analysts said in a Monday note that they saw Credit Suisse's \"capital and liquidity position as healthy.\" At Citigroup, analysts said: \"This is not 2008.\"By Tuesday, some of the nerves had subsided. As global markets rallied, Credit Suisse's Swiss-traded shares rebounded nearly 9%, while the cost of insuring the bank's debt against default also declined.While actual trading by individual investors was limited -- they bought a net $1 million or so of Credit Suisse's American depositary receipts Monday, according to Vanda Research -- the bank was the subject of a deluge of memes and jokes.\"It just sort of took off like wildfire,\" said Mr. Lewis of Wall Street Silver. On social media, he said, \"it's more about laughing at the tragedy.\" He joined in the discussion on Twitter, posting memes and other tweets to the Wall Street Silver account, which boasts more than 330,000 followers, after seeing credit-default swaps on Credit Suisse rise.Pinpointing how social-media frenzies spread can be difficult. Still, many investors are feeling pessimistic after a year where stocks and bonds have tumbled, leaving few good places to hide. And market-watchers say memories of the 2008 global financial crisis remain powerful.In addition, while platforms such as Twitter and Facebook were operating then, they have grown in sway since. Individual investors have also become influencers on social media in recent years, making it easier for ideas about markets to spread virally. \"Imagine if we had social media in 2008,\" Mr. Lewis said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938394611,"gmtCreate":1662557221433,"gmtModify":1676537087156,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9938394611","repostId":"1122642943","repostType":4,"repost":{"id":"1122642943","pubTimestamp":1662564191,"share":"https://www.laohu8.com/m/news/1122642943?lang=&edition=full","pubTime":"2022-09-07 23:23","market":"us","language":"en","title":"QQQ: The Nasdaq 100 Declines May Have Only Just Begun","url":"https://stock-news.laohu8.com/highlight/detail?id=1122642943","media":"Seeking Alpha","summary":"SummaryRates are rising to new cycle highs.The dollar is rising to new cycle lows.Which means the QQ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Rates are rising to new cycle highs.</li><li>The dollar is rising to new cycle lows.</li><li>Which means the QQQ ETF may soon be sinking to a new low.</li></ul><p>The economic data of the last couple of trading sessions has confirmed no recession here in the US. Has growth slowed? Sure, but slowing growth is not the same as a recession. Yes, we have had two quarters of negative GDP, but that&#39;s primarily due to the higher prices and the adverse effects on the calculations.</p><p>Today&#39;s ISM service data was solid and suggested the US economy is growing at a healthy2.5% annualized rate. This growth seems very strong, especially given the high prices in the economy and the aggressive tightening of financial conditions.</p><p>The strong data is sending yields and the dollar sharply higher. The dollar index is now at its highest point since June 2002, while the 30-yr yield is on the cusp of surpassing its November 2018 and June 2022 highs of around 3.5%. On top of that real rates are also surging, with the 5-yr TIP and 10-yr TIP Rates trading at their cycle highs.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/198e0d8d97f0800506eb68746835126c\" tg-width=\"640\" tg-height=\"248\" referrerpolicy=\"no-referrer\"/><span>Bloomberg</span></p><p>With the dollar and rates trading at or near cycles, one would expect equities prices, particularly the Nasdaq 100 ETF (NASDAQ:QQQ), to be trading at new cycle lows. After all, that has been the pattern of 2022, as the TIP ETF has continued to pave the way for the Nasdaq 100 for more than five years.</p><p><img src=\"https://static.tigerbbs.com/029431c387b60a5b4266b7aa5ed56a7d\" tg-width=\"640\" tg-height=\"300\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>The QQQ has not revisited its lows of approximately $270 witnessed on June 16, remaining roughly 10% higher, which would suggest that the QQQ is overvalued versus the iShares TIPS BOND ETF (TIP) and could see further losses in the near term. The higher yields rise, the lower the TIP ETF sinks, and the greater the downside risk for the QQQ ETF.</p><p><b>Real Rates vs. Earnings Yield</b></p><p>One way to check against this is to look at the spread between the Nasdaq 100 earnings yield and the current 10-Yr TIP Rate. Currently, that spread is 3.6%, and despite the Nasdaq 100 trading more than 25% off its November 2021 intraday highs, the index is more expensive today versus the 10-yr real yield than at any other point since 2010.</p><p><img src=\"https://static.tigerbbs.com/f076c50f0c153254520cd2467c4115d1\" tg-width=\"640\" tg-height=\"299\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>It&#39;s remarkable because the falling Nasdaq hasn&#39;t kept pace with the rising 10-Yr real yield. If the Nasdaq had been keeping pace, the spread with the 10-yr real rate wouldn&#39;t have sunk so low. This can only suggest two things: 1) real yields are too high, or 2) the Nasdaq has much further to fall. Given the path the Fed is taking, the general trend in rates, and the dollar, it seems hard to argue that TIP rates are too high.</p><p><b>A Return To The Norms</b></p><p>Over the past five years, the average spread between the NASDAQ earnings yield and the 10-yr TIP rate has been around 4.25% and within a one standard deviation range of 3.95% to 4.50%. Assuming the 10-Yr TIP trades sideways for the next couple of weeks and remains at 85 bps, the earnings yield of the Nasdaq 100 would need to rise to 4.80% from its current 4.45% or roughly 35 bps for the spread to return to 3.95%. For the spread to rise back to the average of 4.25%, the earnings yield would need to rise to 5.1%, or by nearly 65 bps.</p><p><img src=\"https://static.tigerbbs.com/e289a55e485170e51b0f7c556a13ef45\" tg-width=\"640\" tg-height=\"246\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>It doesn&#39;t sound like much, but an earnings yield of 4.80% is equivalent to a PE ratio of 20.8 versus the current PE ratio of 22.5. That would amount to a decline in the Nasdaq of about 7%. Meanwhile, a 5.1% earnings yield on the Nasdaq 100 equals a PE ratio of 19.6 or a decrease of about 13%. This would amount to the QQQ dropping in a range of 7% to 13% or between $255 to $273.</p><p><img src=\"https://static.tigerbbs.com/1a0e5954648e29542bc02f5cf5e8f676\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/></p><p>Bloomberg</p><p>It would confirm what the TIP ETF is suggesting, that the QQQ ETF should be making lows as the TIP makes new lows. Because at the end of the day, higher rates, a strong dollar, and tighter financial conditions will continue to be bad news for stocks as they have been for all of 2022.</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>QQQ: The Nasdaq 100 Declines May Have Only Just Begun</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\">\nQQQ: The Nasdaq 100 Declines May Have Only Just Begun\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 23:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4539196-qqq-nasdaq-100-declines-have-only-just-begun><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryRates are rising to new cycle highs.The dollar is rising to new cycle lows.Which means the QQQ ETF may soon be sinking to a new low.The economic data of the last couple of trading sessions has ...</p>\n\n<a href=\"https://seekingalpha.com/article/4539196-qqq-nasdaq-100-declines-have-only-just-begun\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF"},"source_url":"https://seekingalpha.com/article/4539196-qqq-nasdaq-100-declines-have-only-just-begun","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122642943","content_text":"SummaryRates are rising to new cycle highs.The dollar is rising to new cycle lows.Which means the QQQ ETF may soon be sinking to a new low.The economic data of the last couple of trading sessions has confirmed no recession here in the US. Has growth slowed? Sure, but slowing growth is not the same as a recession. Yes, we have had two quarters of negative GDP, but that's primarily due to the higher prices and the adverse effects on the calculations.Today's ISM service data was solid and suggested the US economy is growing at a healthy2.5% annualized rate. This growth seems very strong, especially given the high prices in the economy and the aggressive tightening of financial conditions.The strong data is sending yields and the dollar sharply higher. The dollar index is now at its highest point since June 2002, while the 30-yr yield is on the cusp of surpassing its November 2018 and June 2022 highs of around 3.5%. On top of that real rates are also surging, with the 5-yr TIP and 10-yr TIP Rates trading at their cycle highs.BloombergWith the dollar and rates trading at or near cycles, one would expect equities prices, particularly the Nasdaq 100 ETF (NASDAQ:QQQ), to be trading at new cycle lows. After all, that has been the pattern of 2022, as the TIP ETF has continued to pave the way for the Nasdaq 100 for more than five years.BloombergThe QQQ has not revisited its lows of approximately $270 witnessed on June 16, remaining roughly 10% higher, which would suggest that the QQQ is overvalued versus the iShares TIPS BOND ETF (TIP) and could see further losses in the near term. The higher yields rise, the lower the TIP ETF sinks, and the greater the downside risk for the QQQ ETF.Real Rates vs. Earnings YieldOne way to check against this is to look at the spread between the Nasdaq 100 earnings yield and the current 10-Yr TIP Rate. Currently, that spread is 3.6%, and despite the Nasdaq 100 trading more than 25% off its November 2021 intraday highs, the index is more expensive today versus the 10-yr real yield than at any other point since 2010.BloombergIt's remarkable because the falling Nasdaq hasn't kept pace with the rising 10-Yr real yield. If the Nasdaq had been keeping pace, the spread with the 10-yr real rate wouldn't have sunk so low. This can only suggest two things: 1) real yields are too high, or 2) the Nasdaq has much further to fall. Given the path the Fed is taking, the general trend in rates, and the dollar, it seems hard to argue that TIP rates are too high.A Return To The NormsOver the past five years, the average spread between the NASDAQ earnings yield and the 10-yr TIP rate has been around 4.25% and within a one standard deviation range of 3.95% to 4.50%. Assuming the 10-Yr TIP trades sideways for the next couple of weeks and remains at 85 bps, the earnings yield of the Nasdaq 100 would need to rise to 4.80% from its current 4.45% or roughly 35 bps for the spread to return to 3.95%. For the spread to rise back to the average of 4.25%, the earnings yield would need to rise to 5.1%, or by nearly 65 bps.BloombergIt doesn't sound like much, but an earnings yield of 4.80% is equivalent to a PE ratio of 20.8 versus the current PE ratio of 22.5. That would amount to a decline in the Nasdaq of about 7%. Meanwhile, a 5.1% earnings yield on the Nasdaq 100 equals a PE ratio of 19.6 or a decrease of about 13%. This would amount to the QQQ dropping in a range of 7% to 13% or between $255 to $273.BloombergIt would confirm what the TIP ETF is suggesting, that the QQQ ETF should be making lows as the TIP makes new lows. Because at the end of the day, higher rates, a strong dollar, and tighter financial conditions will continue to be bad news for stocks as they have been for all of 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9996007190,"gmtCreate":1661069813513,"gmtModify":1676536448922,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Tks","listText":"Tks","text":"Tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9996007190","repostId":"2260785313","repostType":4,"repost":{"id":"2260785313","pubTimestamp":1661045446,"share":"https://www.laohu8.com/m/news/2260785313?lang=&edition=full","pubTime":"2022-08-21 09:30","market":"us","language":"en","title":"No, There Is No New Short-Selling Champion in Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2260785313","media":"Barrons","summary":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manag","content":"<html><head></head><body><p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.</p><p>A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.</p><p>A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.</p><p>But that isn&#39;t really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.</p><p>Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That&#39;s a long way from $4.3 billion.</p><p>It wouldn&#39;t be a good idea, though. There isn&#39;t high probability that Tesla stock will drop about $100 in the final hour of trading Friday.</p><p>(There isn&#39;t much trading volume in those contracts. It&#39;s just an example.)</p><p>Deer Park Chief Investment Officer Scott Burg told Barron&#39;s the Tesla put-options position amounted to 0.1% of his portfolio. That isn&#39;t all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.</p><p>That isn&#39;t a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn&#39;t get into contract specifics, but said the position was closed profitably. The tiny position is already gone.</p><p>Profits aren&#39;t hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.</p><p>Burg doesn&#39;t consider himself a big Tesla bear. He&#39;s says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.</p><p>The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.</p><p>Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.</p><p>What&#39;s more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn&#39;t pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It&#39;s a bearish bet.)</p><p>A Tesla holder selling a $900 call option that expires in September gets about $44. That&#39;s almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.</p><p>There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.</p><p>However, options don&#39;t indicate with certainty how someone feels about the stock that underlies the options contract.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>No, There Is No New Short-Selling Champion in Tesla Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNo, There Is No New Short-Selling Champion in Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-21 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-short-selling-51660942310?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2260785313","content_text":"There was a stir in the Tesla investing community when a regulator filing indicated that asset manager Deer Park Road made a seemingly huge bet against Tesla stock using put options. The stir is just a tempest in a teapot. There is no new short-selling champion for Tesla bears to hoist onto their shoulders.A put option is, generally speaking, a bearish bet. It gives the holder the right to sell a stock at a fixed price in the future. Holders of put options do better the lower a stock price falls.A quarterly regulatory filing indicated that Deer Park had amassed put-option contracts representing more than 4.8 million shares of Tesla (ticker: TSLA) stock. That much Tesla stock is worth roughly $4.3 billion at current prices. On the surface that looks like a massive bet.But that isn't really the way options work. The price paid for an options contract depends on many factors including the strike price and time to contract expiration.Consider Tesla put options that expire Friday Aug. 19, and give the holder the right to sell Tesla stock at about $800 a share are essentially trading for about one cent. Theoretically, amassing options contracts that reflect 4.8 million shares of Tesla could cost someone $48,000. That's a long way from $4.3 billion.It wouldn't be a good idea, though. There isn't high probability that Tesla stock will drop about $100 in the final hour of trading Friday.(There isn't much trading volume in those contracts. It's just an example.)Deer Park Chief Investment Officer Scott Burg told Barron's the Tesla put-options position amounted to 0.1% of his portfolio. That isn't all that much, and indicates Deer Park probably paid the less than $1 per share represented the puts.That isn't a lot for a stock worth about $900. That also means the put options were either expiring soon, or deeply out of the money, or both. Burg didn't get into contract specifics, but said the position was closed profitably. The tiny position is already gone.Profits aren't hard to fathom. Tesla stock did fall, along with other technology shares, in the second quarter. Tesla stock dropped almost 38% from the end of March to the end of June while the Nasdaq Composite fell 22% over the same span.Burg doesn't consider himself a big Tesla bear. He's says he is bearish on the overall economy and the consumer. He expects Tesla stock to struggle, but just like any other consumer discretionary stock this coming year.The whole episode does illustrate an important lesson about options trading. There are many ways to use options in a portfolio.Investors can buy options contracts far from current prices. They are cheap and only pay off if extreme events happen. They can also be used to bet on volatility. Options get more valuable as stock volatility rises and less valuable when volatility falls. Options can be used to hedge a portfolio, too.What's more, bearish options bets can actually generate income for bullish investors. Take Tesla. It doesn't pay a dividend. If that irks some shareholders they can sell call options contracts. (Selling a call is similar to a put option. Both work out if the stock falls. It's a bearish bet.)A Tesla holder selling a $900 call option that expires in September gets about $44. That's almost 5% the value of the Tesla stock. The risk with selling call options against stock held is that the stock could go up. If Tesla hit $1,000, that holder would have essentially sold some of his position for $900, missing out on the additional gain.There are many other things pros do with options. People have careers trading options for brokerage firms and asset managers.However, options don't indicate with certainty how someone feels about the stock that underlies the options contract.","news_type":1},"isVote":1,"tweetType":1,"viewCount":8,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9902754972,"gmtCreate":1659757420198,"gmtModify":1703766335960,"author":{"id":"4104549918133510","authorId":"4104549918133510","name":"Yishun123","avatar":"https://community-static.tradeup.com/news/e9d6b765232ac9af7a459ac04954fee4","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Iike","listText":"Iike","text":"Iike","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902754972","repostId":"1169492962","repostType":4,"repost":{"id":"1169492962","pubTimestamp":1659757863,"share":"https://www.laohu8.com/m/news/1169492962?lang=&edition=full","pubTime":"2022-08-06 11:51","market":"us","language":"en","title":"Tesla: No Competitor Yet From EV Startups","url":"https://stock-news.laohu8.com/highlight/detail?id=1169492962","media":"Seeking Alpha","summary":"SummaryAs the EV race heats up, EV startups that went public in the past year have average one-year ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>As the EV race heats up, EV startups that went public in the past year have average one-year returns of -56%, showing the need for &#34;brand equity.&#34;</li><li>EV startups are in trouble as sales have been minimal, venture money has dried up, and share prices have plummeted.</li><li>Tesla is facing little competition from these EVs startups in the U.S. and Europe.</li><li>Tesla&#39;s greatest challenge will come from traditional automotive companies with EV products.</li></ul><p>In an increasingly competitive business as incumbent automakers introduce their own EVs, startups are in trouble as sales have been minimal, venture money has dried up, and share prices have plummeted.</p><p>I discussed in detail the lengths some of these startups have gone through to go public and get operating capital by forming Special Purpose Acquisition Companies (SPAC), which are shell companies that have no operations but go public with the intention of merging with or acquiring a company using the proceeds of the SPAC&#39;s IPO. I noted in my July 27, 2022, Seeking Alpha article entitled &#34;MOKE + EV Technology Group: The Cost And Value Of &#39;Brand Equity&#39; In The EV Automotive Value Chain:&#34;</p><blockquote>&#34;SPACs contributed half of the $29 billion raised publicly by EV manufacturers, suppliers and charging firms in 2021. EV startups Nikola (NKLA), Lordstown Motors (RIDE), Canoo (GOEV), Faraday Future Intelligent Electric (FFIE), Fisker (FSR), and Lucid Group (LCID) all went public through SPAC deals over the last two years.&#34;</blockquote><p>SPACs go public at $10 per share, a price point that serves as a simple benchmark for how those stocks have been received. Of these SPAC companies, only the share price of Lucid Group is above its IPO price at $18.25, as shown in Chart 1.</p><p><img src=\"https://static.tigerbbs.com/d5714c58d0d64a5bccfd46926742db3f\" tg-width=\"634\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/></p><p>YCharts</p><p>Chart 1</p><p><b>Is There a Doctor in the House?</b></p><p>In Tables 1-3, I break down the current crop of EV startups by <i>level of funding</i> from all sources and compare each to Tesla (NASDAQ:TSLA). Table 1 shows the first five ranked companies. I don&#39;t include Rivian Automotive (RIVN), which would top the list by accumulating $10.7 billion in funding. Rivian&#39;s shares are down 65.95% since the IPO in 11/21, and the company continues to struggle. Layoffs at Rivian started in late July 2022 as the company races to cut costs amid a challenging economic climate and pressure to increase production. It delivered 1,227 vehicles in the first quarter and reported 4,467 deliveries in Q2. Rivian is targeting production of 25,000 vehicles this year, half of its initial production guidance for 2022.</p><p>Table 1 shows significant variations in financial metrics among the five companies. TSLA shows positive TTM revenue, Net Income, and Gross Profit. All the startups reported TTM Revenue, but only Li Auto (LI) reported a positive Net Income and Gross Profit.</p><p>Lucid Group was the top fund raiser on this list. Lucid delivered 360 EVs, helping to account for $57.7 million in revenue in Q1 2022, but revised its 2022 production volume outlook to a range of 6K to 7K vehicles following the release of itsQ2 results. Guidance earlier in the year was for production volume of 12K to 14K vehicles.</p><p>China&#39;s NIO (NIO) delivered 25,059 electric cars in Q2, which is slightly above the guidance of 23,000-25,000. So far this year, NIO globally sold 50,827 electric cars. But NIO reported a loss from operations was RMB2,445.1 million (US$383.7 million) in the fourth quarter of 2021, representing an increase of 162.5% from the fourth quarter of 2020 and an increase of 146.5% from the third quarter of 2021.</p><p><img src=\"https://static.tigerbbs.com/dfe93875be1bf07e575523460045fcdf\" tg-width=\"640\" tg-height=\"169\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Chart 2 shows a similar story based on one-year share price percent change for the companies listed in Table 1. TSLA is the only company showing positive growth at 29.72% as of the close on July 29, 2022. LI share price was -1.65%. NIO share price is down 55.84% showing investors the COVID situation in China remains fluid and EV shares in general remain under a cloud amid rising interest rates and fears of a global recession.</p><p><img src=\"https://static.tigerbbs.com/efe4c7e633c9284904c710ab74634088\" tg-width=\"634\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/></p><p>YCharts</p><p>Chart 2</p><p>Table 2 shows TSLA compared with startups ranked #5-8 based on level of funding. Only Fisker reported TTM revenues of just $96,000. Wall Street was initially attracted to its asset-light business model based on contract manufacturing. However, declining investor appetite for pre-revenue companies has taken the focus away from companies like Fisker.</p><p>That will change as the Fisker Ocean is set to start production in November 2022 and sold exclusively through the Fisker app. According to the company, reservations for the Ocean electric SUV surpassed 50,000, a significant rise from the 40,000 preorders announced in early April. The Ocean with the base Sport trim priced at $37,499 before incentives.</p><p><img src=\"https://static.tigerbbs.com/3a779539168c1ed560346f0bd91e702a\" tg-width=\"640\" tg-height=\"172\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Chart 3 shows one-year share price percent change for the companies listed in Table 2. Again, TSLA is the only company showing positive growth at 29.72% as of the close on July 29, 2022. FSR share price is down 40.57%. The stock is trading below its IPO price.</p><p><img src=\"https://static.tigerbbs.com/c79d2a4a21567a786f5279bb8518a03d\" tg-width=\"634\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/></p><p>YCharts</p><p>Chart 3</p><p>Table 3 shows the remaining EV startups, but funding has not been disclosed. Of the four startups, only Ayro (AYRO) showed positive TTM revenue of just $2.92M but net income was -$32.01M. Ayro has a different business model than the other companies included in this article as it designs and manufactures electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use. The company provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers.</p><p><img src=\"https://static.tigerbbs.com/7f10fa589992a7ab699d73dbc255e0f0\" tg-width=\"640\" tg-height=\"171\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Chart 4 shows one-year share price percent change for the companies listed in Table 3. Again, TSLA is the only company showing positive growth at 29.72% as of the close on July 29, 2022. All others have exhibited large negative double-digit share performance.</p><p><img src=\"https://static.tigerbbs.com/cd4ac75c6f128418a1b06ff8262e2389\" tg-width=\"634\" tg-height=\"484\" referrerpolicy=\"no-referrer\"/></p><p>YCharts</p><p>Chart 4</p><p><b>Tesla&#39;s Performance</b></p><p>Tesla reported a mixed Q2 earnings report on in its Q2 earnings call on July 20, 2022. Adjusted earnings per share came in at $2.27 vs. $1.81 expected. Revenue missed at $16.93 billion vs. $17.1 billion expected. Chart 5 shows quarterly performance through Q2 2022.</p><p><img src=\"https://static.tigerbbs.com/4052a39627697f9c8983ee7159207dee\" tg-width=\"640\" tg-height=\"298\" referrerpolicy=\"no-referrer\"/></p><p>YCharts</p><p>Chart 5</p><p>In Q2 2022, TSLA achieved record production rates across the company, producing more than 258,000 vehicles and delivered 254,695 vehicles. That was below consensus estimates of 266,795 vehicles, and down from 310,048 in 1Q 2022, as the company faced a continuation of manufacturing challenges related to shutdowns, global supply chain disruptions, labor shortages and logistics and other complications, which limited its ability to consistently run our factories at full capacity.</p><p>While the Shanghai factory was shut down fully and then partially for the majority of Q2, TSLA ended the quarter with a record monthly production level. Recent equipment upgrades will enable the company to continue to increase its production rate further.</p><p>The Fremont Factory made a record number of vehicles in Q2. I see opportunities for further production rate improvements. The next generation of 4680 battery cell machinery has been installed in Texas and is in the process of commissioning. Factory output in Texas continues to grow.</p><p>Gigafactory Berlin-Brandenburg reached an important milestone of over 1,000 cars produced in a single week while achieving positive gross margin during the quarter. Tesla expect the production rate to continue improving through the rest of the year.</p><p>Table 4 shows U.S. EV shipments for Q2 2021 and Q2 2022 by model. In Q2, Tesla was the top-selling luxury brand in the U.S., outpacing all the established names: Audi, BMW, Cadillac, Lexus, Mercedes-Benz, as seen in Table 4.</p><p>EV sales as a percentage of total automobile sales. In Q2, EV sales accounted for 5.6% of the total market, an increase from 5.3% in Q1. EV share in Q2 2021 was 2.7%. In Q2 2021, there were 19 EV models for sale in the U.S. One year later, the number jumped to 33.</p><p>Table 4 - Source: Cox Automotive</p><p><img src=\"https://static.tigerbbs.com/426fa2458fb9e40d222a5fc1f897b9c9\" tg-width=\"640\" tg-height=\"566\" referrerpolicy=\"no-referrer\"/></p><p>Cox Automotive</p><p>However, as new EV models continue to enter the market, Tesla&#39;s share of the EV segment is dropping. Last quarter, it fell to 66.1%, down from 74.6% in Q1 2022, as shown in Table 5. Tesla shipments by model are also shown. Importantly, Tesla is losing market share to traditional automobile companies with EV entrants, rather than the EV startups discussed above.</p><p><img src=\"https://static.tigerbbs.com/0918cc0a62c48586076b6fbceda928a7\" tg-width=\"640\" tg-height=\"399\" referrerpolicy=\"no-referrer\"/></p><p>Cox Automotive</p><p><b>Investor Takeaway</b></p><p>I discussed in my July 27, 2022, Seeking Alpha article entitled &#34;MOKE + EV Technology Group: The Cost And Value Of &#39;Brand Equity&#39; In The EV Automotive Value Chain&#34; that Brand Equity would be critical to growth of a startup. The advantages of Brand Equity, which gives a product competitive edge in the marketplace include:</p><ul><li>Developing a greater market share</li><li>Charging a price premium</li><li>Ease of Recognition</li><li>Differentiation from the competition</li></ul><p>Brand equity can be defined as the additional value that a recognizable brand name adds to a product offering, and is created as customers becoming increasingly and more personally aware of a brand and build a connection with it.</p><p>None of the EV startups detailed in Tables 1-3 are on the radar in sales in the U.S., Europe, and China. Indeed, the only competition for Tesla in the U.S. and Europe are established automobile companies with EV offerings. China is different with little competition coming from traditional non-Chinese automobile manufacturers with EV offerings, yet Tesla is still within the Top 10 of sales through June 2022.</p><p>In Chart 7, I show share price for the five EV companies (including TSLA) listed in Table 1, and show EPS for the past one-year period. Indeed, only Tesla has a positive EPS.</p><p><img src=\"https://static.tigerbbs.com/a3a40f40a1f17002fa2eb540525072ea\" tg-width=\"634\" tg-height=\"568\" referrerpolicy=\"no-referrer\"/></p><p>YCharts</p><p>Chart 7</p><p>The point of this article is to expand on my thesis in my previous article the importance of Brand Equity. Tesla has achieved Brand Equity, as I showed in that article. But without it, EV startups are struggling. The competition to Tesla outside China is coming from established automobile makers with EV offerings, not these startups.</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: No Competitor Yet From EV Startups</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; 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}\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: No Competitor Yet From EV Startups\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-06 11:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4530333-tesla-no-competitor-from-ev-startups?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A12><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAs the EV race heats up, EV startups that went public in the past year have average one-year returns of -56%, showing the need for \"brand equity.\"EV startups are in trouble as sales have been ...</p>\n\n<a href=\"https://seekingalpha.com/article/4530333-tesla-no-competitor-from-ev-startups?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A12\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4530333-tesla-no-competitor-from-ev-startups?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A12","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169492962","content_text":"SummaryAs the EV race heats up, EV startups that went public in the past year have average one-year returns of -56%, showing the need for \"brand equity.\"EV startups are in trouble as sales have been minimal, venture money has dried up, and share prices have plummeted.Tesla is facing little competition from these EVs startups in the U.S. and Europe.Tesla's greatest challenge will come from traditional automotive companies with EV products.In an increasingly competitive business as incumbent automakers introduce their own EVs, startups are in trouble as sales have been minimal, venture money has dried up, and share prices have plummeted.I discussed in detail the lengths some of these startups have gone through to go public and get operating capital by forming Special Purpose Acquisition Companies (SPAC), which are shell companies that have no operations but go public with the intention of merging with or acquiring a company using the proceeds of the SPAC's IPO. I noted in my July 27, 2022, Seeking Alpha article entitled \"MOKE + EV Technology Group: The Cost And Value Of 'Brand Equity' In The EV Automotive Value Chain:\"\"SPACs contributed half of the $29 billion raised publicly by EV manufacturers, suppliers and charging firms in 2021. EV startups Nikola (NKLA), Lordstown Motors (RIDE), Canoo (GOEV), Faraday Future Intelligent Electric (FFIE), Fisker (FSR), and Lucid Group (LCID) all went public through SPAC deals over the last two years.\"SPACs go public at $10 per share, a price point that serves as a simple benchmark for how those stocks have been received. Of these SPAC companies, only the share price of Lucid Group is above its IPO price at $18.25, as shown in Chart 1.YChartsChart 1Is There a Doctor in the House?In Tables 1-3, I break down the current crop of EV startups by level of funding from all sources and compare each to Tesla (NASDAQ:TSLA). Table 1 shows the first five ranked companies. I don't include Rivian Automotive (RIVN), which would top the list by accumulating $10.7 billion in funding. Rivian's shares are down 65.95% since the IPO in 11/21, and the company continues to struggle. Layoffs at Rivian started in late July 2022 as the company races to cut costs amid a challenging economic climate and pressure to increase production. It delivered 1,227 vehicles in the first quarter and reported 4,467 deliveries in Q2. Rivian is targeting production of 25,000 vehicles this year, half of its initial production guidance for 2022.Table 1 shows significant variations in financial metrics among the five companies. TSLA shows positive TTM revenue, Net Income, and Gross Profit. All the startups reported TTM Revenue, but only Li Auto (LI) reported a positive Net Income and Gross Profit.Lucid Group was the top fund raiser on this list. Lucid delivered 360 EVs, helping to account for $57.7 million in revenue in Q1 2022, but revised its 2022 production volume outlook to a range of 6K to 7K vehicles following the release of itsQ2 results. Guidance earlier in the year was for production volume of 12K to 14K vehicles.China's NIO (NIO) delivered 25,059 electric cars in Q2, which is slightly above the guidance of 23,000-25,000. So far this year, NIO globally sold 50,827 electric cars. But NIO reported a loss from operations was RMB2,445.1 million (US$383.7 million) in the fourth quarter of 2021, representing an increase of 162.5% from the fourth quarter of 2020 and an increase of 146.5% from the third quarter of 2021.Seeking AlphaChart 2 shows a similar story based on one-year share price percent change for the companies listed in Table 1. TSLA is the only company showing positive growth at 29.72% as of the close on July 29, 2022. LI share price was -1.65%. NIO share price is down 55.84% showing investors the COVID situation in China remains fluid and EV shares in general remain under a cloud amid rising interest rates and fears of a global recession.YChartsChart 2Table 2 shows TSLA compared with startups ranked #5-8 based on level of funding. Only Fisker reported TTM revenues of just $96,000. Wall Street was initially attracted to its asset-light business model based on contract manufacturing. However, declining investor appetite for pre-revenue companies has taken the focus away from companies like Fisker.That will change as the Fisker Ocean is set to start production in November 2022 and sold exclusively through the Fisker app. According to the company, reservations for the Ocean electric SUV surpassed 50,000, a significant rise from the 40,000 preorders announced in early April. The Ocean with the base Sport trim priced at $37,499 before incentives.Seeking AlphaChart 3 shows one-year share price percent change for the companies listed in Table 2. Again, TSLA is the only company showing positive growth at 29.72% as of the close on July 29, 2022. FSR share price is down 40.57%. The stock is trading below its IPO price.YChartsChart 3Table 3 shows the remaining EV startups, but funding has not been disclosed. Of the four startups, only Ayro (AYRO) showed positive TTM revenue of just $2.92M but net income was -$32.01M. Ayro has a different business model than the other companies included in this article as it designs and manufactures electric vehicles for closed campus mobility, urban and community transport, local on-demand and last mile delivery, and government use. The company provides four-wheeled purpose-built electric vehicles for universities, business and medical campuses, last mile delivery services, and food service providers.Seeking AlphaChart 4 shows one-year share price percent change for the companies listed in Table 3. Again, TSLA is the only company showing positive growth at 29.72% as of the close on July 29, 2022. All others have exhibited large negative double-digit share performance.YChartsChart 4Tesla's PerformanceTesla reported a mixed Q2 earnings report on in its Q2 earnings call on July 20, 2022. Adjusted earnings per share came in at $2.27 vs. $1.81 expected. Revenue missed at $16.93 billion vs. $17.1 billion expected. Chart 5 shows quarterly performance through Q2 2022.YChartsChart 5In Q2 2022, TSLA achieved record production rates across the company, producing more than 258,000 vehicles and delivered 254,695 vehicles. That was below consensus estimates of 266,795 vehicles, and down from 310,048 in 1Q 2022, as the company faced a continuation of manufacturing challenges related to shutdowns, global supply chain disruptions, labor shortages and logistics and other complications, which limited its ability to consistently run our factories at full capacity.While the Shanghai factory was shut down fully and then partially for the majority of Q2, TSLA ended the quarter with a record monthly production level. Recent equipment upgrades will enable the company to continue to increase its production rate further.The Fremont Factory made a record number of vehicles in Q2. I see opportunities for further production rate improvements. The next generation of 4680 battery cell machinery has been installed in Texas and is in the process of commissioning. Factory output in Texas continues to grow.Gigafactory Berlin-Brandenburg reached an important milestone of over 1,000 cars produced in a single week while achieving positive gross margin during the quarter. Tesla expect the production rate to continue improving through the rest of the year.Table 4 shows U.S. EV shipments for Q2 2021 and Q2 2022 by model. In Q2, Tesla was the top-selling luxury brand in the U.S., outpacing all the established names: Audi, BMW, Cadillac, Lexus, Mercedes-Benz, as seen in Table 4.EV sales as a percentage of total automobile sales. In Q2, EV sales accounted for 5.6% of the total market, an increase from 5.3% in Q1. EV share in Q2 2021 was 2.7%. In Q2 2021, there were 19 EV models for sale in the U.S. One year later, the number jumped to 33.Table 4 - Source: Cox AutomotiveCox AutomotiveHowever, as new EV models continue to enter the market, Tesla's share of the EV segment is dropping. Last quarter, it fell to 66.1%, down from 74.6% in Q1 2022, as shown in Table 5. Tesla shipments by model are also shown. Importantly, Tesla is losing market share to traditional automobile companies with EV entrants, rather than the EV startups discussed above.Cox AutomotiveInvestor TakeawayI discussed in my July 27, 2022, Seeking Alpha article entitled \"MOKE + EV Technology Group: The Cost And Value Of 'Brand Equity' In The EV Automotive Value Chain\" that Brand Equity would be critical to growth of a startup. The advantages of Brand Equity, which gives a product competitive edge in the marketplace include:Developing a greater market shareCharging a price premiumEase of RecognitionDifferentiation from the competitionBrand equity can be defined as the additional value that a recognizable brand name adds to a product offering, and is created as customers becoming increasingly and more personally aware of a brand and build a connection with it.None of the EV startups detailed in Tables 1-3 are on the radar in sales in the U.S., Europe, and China. Indeed, the only competition for Tesla in the U.S. and Europe are established automobile companies with EV offerings. China is different with little competition coming from traditional non-Chinese automobile manufacturers with EV offerings, yet Tesla is still within the Top 10 of sales through June 2022.In Chart 7, I show share price for the five EV companies (including TSLA) listed in Table 1, and show EPS for the past one-year period. Indeed, only Tesla has a positive EPS.YChartsChart 7The point of this article is to expand on my thesis in my previous article the importance of Brand Equity. Tesla has achieved Brand Equity, as I showed in that article. But without it, EV startups are struggling. The competition to Tesla outside China is coming from established automobile makers with EV offerings, not these startups.","news_type":1},"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}